Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- 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:-
CIT Group Inc. (NYSE:CIT) shares climbed 1.24% and closed at $42.38. The company, on Feb. 20, announced that it arranged and syndicated a senior secured credit facility to support the growth strategy of Dallas-based Medsurant Holdings. The company is one of the nation's leading providers of outsourced intraoperative monitoring services for hospitals and physicians, monitoring high-risk spinal, cranial, otolaryngology and cardiovascular procedures. Proceeds of the transaction were used to refinance existing debt and finance an acquisition.
Is CIT after A Solid Pop Up? Find Out Here
Exelis Inc (NYSE:XLS) shares jumped 2.33% and closed at $10.56 in the last trading session. The company, on Mar. 1, reported 2012 financial results for the fourth quarter and full year of 2012. Fourth-quarter revenue was $1.4 billion, an 8 percent decrease from the fourth quarter of 2011. Earnings were $0.45 per share, a 32 percent increase from the fourth quarter of 2011. Adjusted earnings were $0.47 per share for the fourth quarter, a 6 percent decrease from the same period in 2011. The company generated $259 million in free cash flow in the quarter.
How Should Investors Trade XLS After The recent Earnings Report? Find Out Here
Sodastream International Ltd (NASDAQ:SODA) shares jumped 2.31% and closed at $48.69. The company last week announced a strategic agreement with Ocean Spray Cranberries, Inc. the leader in cranberry based beverages and foods, to license a portfolio of juice blend concentrates co-developed exclusively for the SodaStream home beverage carbonation system.
Why Should Investors Consider Buying SODA Now? Find Out Here
Campbell Soup Company (NYSE:CPB) shares gained 2.31% to $42.11. Consumer Analyst Group of New York (CAGNY) conference in Boca Raton, Fla., Campbell Soup Company President and Chief Executive Officer Denise Morrison, on Feb. 20, provided an update on the company's progress against its strategies to return the company to sustainable, profitable top-line growth. In its U.S. Soup and Simple Meals business, Campbell is rebuilding strength in the core and investing in innovation to maintain the appeal and excitement of its brands with new recipes and line extensions that provide taste adventure.
Is CPB Still a Buy After The Recent momentum? Find Out Here
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