Lakeway, TX -- (SBWIRE) -- 03/06/2013 -- vbtrendreport.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:-
Halcon Resources Corp (NYSE:HK) shares gained 2.99% to $6.55. The company, on Feb. 28, said it generated revenues of $124.7 million for the quarter ended December 31, 2012, compared to $25.6 million for the quarter ended December 31, 2011. Revenues for the full year 2012 were $247.9 million, compared to $103.7 million for the full year 2011. The company eported adjusted net income of $10.5 million, or $0.02 per diluted share, and a net loss of $4.0 million, or $0.03 per diluted share, for the three months and full year ended December 31, 2012, respectively.
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Tellabs, Inc. (NASDAQ:TLAB) shares gained 2.99% to $2.07. Under an agreement with its largest stockholder, Third Avenue Management, Tellabs will support the nomination of Alex Mashinsky to the Tellabs Board of Directors at the Company's 2013 Annual Meeting of Stockholders. Tellabs will hold its 2013 Annual Meeting of Stockholders on May 1, 2013 at 2 p.m. Central Daylight Time at Northern Illinois University, 1120 East Diehl Road, Naperville, Ill.
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Anadarko Petroleum Corporation (NYSE:APC) shares climbed 2.97% and closed at $82.73. The company yesterday said it would sell a 12.75 percent interest in a deepwater oil project in the Gulf of Mexico for $860 million to ensure funding until production starts in mid-2016. Anadarko will continue to operate the Heidelberg development project with a 31.5 percent interest after the stake sale to an undisclosed party.
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Hertz Global Holdings, Inc. (NYSE:HTZ) shares jumped 2.95% to $20.26. The company, on Feb. 25, posted a fourth quarter net loss of $36.4 million or $0.09 per share, as compared to net income of $47.1 million or $0.11 per share in the prior-year quarter. Adjusted net income for the quarter was $140.9 million or $0.33 per share. Analysts expected the company to report earnings of $0.31 per share for the fourth quarter. Worldwide revenues for the quarter grew 15.1% or 15.5% in constant currency, to $2.32 billion from $2.01 billion in the same quarter last year, and topped analysts' consensus estimate of $2.24 billion.
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