Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- Bestdamnpennystocks, 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:-
Office Depot Inc (NYSE:ODP) is higher 10.02% and is trading at $5.05. Retailers OfficeMax Inc. and Office Depot Inc. are in advanced merger discussions, The Wall Street Journal reported Monday, citing people familiar with the talks. The deal was expected to be stock-for-stock, although the exact terms being discussed weren't available. Office Depot’s market value is $1.3 billion, while OfficeMax’s is just under $933 million.
How Should Investors Trade ODP After The Recent Movement? Find Out Here
Exxon Mobil Corporation (NYSE:XOM) added 0.76% and is trading at $89.03. Exxon Mobil Corp. added 1.8 billion barrels of oil equivalents to its proven reserves last year, replacing 115% of its production, contributing to modest growth in the oil giant's proven reserves. At year's end, the company's proven reserves were 25.2 billion barrels of oil equivalent, up 1.2% from 24.9 billion barrels of oil equivalent a year earlier.
Is XOM A Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Windstream Corporation (NASDAQ:WIN) jumped 1.01% and is trading at $9.02. For the fourth quarter, Windstream reported a profit of $10.1 million, or two cents a share, versus a year-earlier loss of $34.7 million, or seven cents a share. The latest period included a per-share charge of seven cents related to the company's pension plan. Stripping this out, Windstream reported adjusted earnings a share of 11 cents. Revenue increased 28% to $1.54 billion.
Analysts polled by Thomson Reuters most recently projected earnings of 13 cents a share on revenue of $1.55 billion.
Is WIN a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Microsoft Corporation (NASDAQ:MSFT) is higher 0.74% and is trading at $27.99. The company on Tuesday officially unveiled its Outlook.com email service. The service was first introduced in the summer as a preview. Microsoft says the email service has 60 million users after six months.
How Should Investors Trade MSFT After The Latest Earnings Report? Find Out Here
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