Lakeway, TX -- (SBWIRE) -- 02/21/2013 -- 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:-
Reynolds American, Inc. (NYSE:RAI) shares climbed 0.84% and closed at $44.55 in the last trading session. The company, on Feb 18, reported that its non-corporate website intended to educate wholesalers and retailers on tobacco tax issues, www.nocigtax.com, has officially been transformed. The new website will be named as www.transformtobacco.com. Along with the change in name, the structure and content of the website has also been updated to reflect the company's strategic framework around three key transformation pillars: Tobacco Harm Reduction, Commercial Integrity and Youth Tobacco Prevention.
How Should Investors Trade RAI After The Recent Movement? Find Out Here
Foot Locker, Inc. (NYSE:FL) shares jumped 0.82% and closed at $34.35. The company, yesterday, announced that its Board of Directors elected Maxine Clark as a director of the Company. Ms. Clark is currently Chief Executive Bear of Build-A-Bear Workshop, Inc., a company she founded in 1997.
Additionally, the company, yesterday declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is an 11.1% increase from the prior dividend of $0.18. The dividend will be payable on May 3, 2013, to stockholders of record on April 19, 2013, with an ex-dividend date of April 17, 2013. The annual yield on the dividend is 2.3%.
Moreover, the company plans to report financial results for its fourth quarter ended February 2, 2013 before the U.S. markets open on Friday, March 8, 2013.
Is FL Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Hillshire Brands Co (NYSE:HSH) shares gained 0.80% to $32.57. The company, today , presented at the Consumer Analyst Group of New York’s (CAGNY) annual conference. Sean Connolly, president and chief executive officer and Maria Henry, chief financial officer shared the company’s four core strategies for growth: Strengthen the core brands, Extend trademarks into adjacent categories, Drive greater cost efficiencies, Acquire on-trade businesses.
Additionally, the company updated its FY13 earnings guidance yesterday. The company provided EPS guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.71. The company issued revenue guidance of Slightly up vs. FY12 at $4.09 billion, compared to the consensus revenue estimate of $4.01 billion.
Is HSH a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
KT Corporation (ADR) (NYSE:KT) shares gained 0.74% to $16.27. The company, on Jan. 31, announced that it has declared an annual cash dividend of KRW 2,000 per share of common stock to shareholders of record on December 31, 2012 for the fiscal year 2012. The dividend rate of market price is 5.2% and the total amount of the cash dividend is KRW 487,444,782,000.
How Should Investors Trade KT After The Latest Earnings Report? Find Out Here
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