Lakeway, NY -- (SBWIRE) -- 03/15/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Hampton Roads Bankshares, Inc.(NASDAQ:HMPR) shares gained 3.15% to $1.31. The company, on Feb. 28, announced that Stephen P. Theobald, Executive Vice President and Chief Financial Officer, will be leaving the Company on March 31, 2013 to accept a CFO position with another financial services firm. The Company will conduct a search for a successor.
How Should Investors Trade HMPR After The Recent Price movement? Find out Here
Redwood Trust, Inc. (NYSE:RWT) shares climbed 31.5% and closed at $23.59. RWT’s stock had its price target raised by Jefferies & Co. from $20.00 to $23.00 in a research report released on Mar. 11. Jefferies & Co. currently has a buy rating on the stock.
Additionally, the company will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.28 per share is scheduled to be paid on March 29, 2013. Shareholders who purchased RWT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12% increase over the prior quarter.
Is RWT a Strong Buying Opportunity After The Recent Slump? Find out Here
GT Advanced Technologies Inc(NASDAQ:GTAT) shares increased 3.15% to $2.95. The company released its fourth quarter results on Feb. 27. The company posted revenue of$102.3 million in the fourth quarter, as compared to revenue of $153.0 million in the year ago period. Fourth quarter net loss was $159.4 million compared to $15.3 million in the same period last year.
How Should Investors Trade GTAT After The Recent Price movement? Find out Here
Mead Johnson Nutrition CO(NYSE:MJN) shares gained 3.12% and closed at $72.70. Credit Suisse reported on Mar. 11 that it has reduced its estimates for MJN. The firm has lowered its earnings estimates through 2014 for MJN. Analysts have cut estimates due to the risk in Hong Kong.
Additionally, the company will begin trading ex-dividend on March 11, 2013. A cash dividend payment of $0.34 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased MJN stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.33% increase over the prior quarter.
Is MJN a Strong Buying Opportunity After The Recent Slump? Find out Here
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