Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Slumps After Earnings - PBR, ATRO, ACM, MMP, DLPH

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:-

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) slipped 4.99% to $17.13 in the pre-market trading hours.The Company announced fourth quarter and full year results. The net profit increased 53% to7.75 billion reais. The profit declined 36% to 21.2 billion reais for 2012. Net sales increased 12.5% to 73.4 billion reais in the fourth quarter 2012.

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Astronics Corporation (NASDAQ:ATRO) closed at $23.11. The Company released fourth quarter results. Consolidated sales for the fourth quarter of 2012 increased 10.2% to $67.4 million. Aerospace sales increased by $6.5 million and Test Systems sales decreased by $0.2 million. Consolidated gross margin decreased to 26.0% in the fourth quarter of 2012. Selling, general and administrative expenses were $9.6 million or 14.3% of sales in the fourth quarter of 2012.

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AECOM Technology Corp (NYSE:ACM) closed at $25.31. The Company announced first quarter results. The revenue was $2.0 billion. Operating income decreased 19.3% in the first quarter. The net income attributable to AECOM in the quarter was $38 million and diluted earnings per share were $0.36 for the first quarter. The board authorizes $500 million for additional share repurchase.

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Magellan Midstream Partners, L.P. (NYSE:MMP) closed at $50.26. The Company reported fourth quarter net income of $153.8 million compared to $110.3 million in the fourth quarter 2011. The diluted net income per limited partner unit increased to 68 cents in fourth quarter 2012 compared to 49 cents in the previous year period. Distributable cash flow increased to $179.4 million for fourth quarter 2012 compared to $131.3 million during fourth quarter 2011.

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Delphi Automotive PLC (NYSE:DLPH) closed at $38.81. The Company released fourth quarter results. The revenue declined 4% to $3.8 billion. The net income was $287 million or $0.90 per diluted share compared to the adjusted net income of $299 million or $0.91 per diluted share in the prior year period. Interest expense for the fourth quarter was $36 million comparable to $39 million in the prior year period.

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