Lakeway, TX -- (SBWIRE) -- 02/05/2013 -- 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:-
Sirius XM Radio Inc. (NASDAQ:SIRI) declined 1.74% to $3.11 in the pre-market trading hours. The Companyreported fourth quarter EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter was $892 million versus the consensus estimate of $899.46 million. The Company expects revenue of over $3.7 billion, adjusted EBITDA of over $1.1 billion and free cash flow approaching $900 million for 2013.
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Virgin Media Inc. (NASDAQ:VMED) jumped up 18.89% to $46.0 in the pre-market trading hours. Liberty Global Inc. is preparing to make a bid for Virgin Media, Inc. which has an enterprise value of more than $20 billion. The deal has not been finalised and could still fall apart. It is expected that the acquisition of Virgin Media, if successful, could give Liberty Global savings across its network in countries such as the Netherlands, Germany, Switzerland and Chile.
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Kohl's Corporation (NYSE:KSS) closed at $45.21. Citi lowered the rating on Kohl's from buy to neutral. Kohl’s Corporation operate family-oriented department stores that sells apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares. Kohl’s apparel and home fashions appeal to classic, modern classic and contemporary customers
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Arch Coal Inc. (NYSE:ACI) slipped 4.18% to $6.64 in the pre-market trading hours. The Company reported fourth quarter EPS of ($0.42), below the analyst estimate of ($0.15). Revenue for the quarter was $968.2 million versus the consensus estimate of $997.55 million. The Company expects sales from company-controlled operations of between 133 million and 144 million tons for the full year.
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Estee Lauder Companies Inc. (NYSE:EL) moved up 1.62% to $62.04 in the pre-market trading hours. The Company reported second quarter net income of $447.5 million or $1.13 per share compared to $396.7 million or $1.00 per share in the prior year period. Sales in the fiscal second quarter increased 7.1% to $2.93 billion. The Company expects sales growth 6% to 7% for the year.
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