Lakeway, TX -- (SBWIRE) -- 02/07/2013 -- 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:-
Teck Resources Ltd (USA) (NYSE:TCK) shares declined 1.57% to $36.29 in the pre-market hour after the company today reported annual adjusted profit attributable to shareholders of $1.5 billion, or $2.60 per share, compared with a record $2.5 billion or $4.18 per share in 2011. Fourth quarter adjusted profit attributable to shareholders was $354 million, or $0.61 per share, compared with $613 million, or $1.04 per share, in the fourth quarter of 2011.
Is TCK after A Solid Pop Up? Find Out Here
Alcatel Lucent SA (ADR) (NYSE:ALU) stock gained 4.68% to $1.79 in the pre-market hour. The company today announced that its Board has recommended not to pay a dividend for fiscal year 2012. In addition, the Company announced that Chief Executive Officer (CEO) Mr. Ben Verwaayen, has decided not to seek re-election as a director at this year's Annual General Meeting, and will step down as CEO once a transition has been executed.
How Should Investors Trade ALU After The recent Report? Find Out Here
Sony Corporation (ADR) (NYSE:SNE) stock dropped 3.03% to $15.34 in the pre-market hour after the company today reported its results for its third fiscal quarter ended in December, narrowing its loss to $115 million. The company posted a massive $2 billion loss in the same quarter a year earlier. The company’s operating profit came in at $496 million and revenue during the holiday quarter grew 7% year-over-year to $21 billion despite slumping TV sales; Sony’s TV division is now in its ninth consecutive year in the red. Sony maintained that it is on pace to turn a profit of $214 million for the full fiscal year, and it expects annual sales to total $70.6 billion.
Why Should Investors Consider Buying SNE Now? Find Out Here
Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) shares fell 1.99% to $37.40 in pre-market hour after the company today posted adjusted fourth-quarter profit that missed expectations by one cent and raised its quarterly dividend by 15 percent. The company earned $1.32 per share, excluding one-time items, in the fourth quarter, compared with $1.59 a year earlier. Revenue fell 8 percent to $5.25 billion. Teva was forecast to earn $1.33 a share excluding items on revenue of $5.26 billion.
How Should Investors Trade TEVA After The recent Report? Find Out Here
Convergys Corporation (NYSE:CVG) today announced its financial results for the fourth quarter of 2012. Fourth quarter Revenue from continuing operations was $509 million, a2% increase compared with $501 million in the same period last year. Adjusted net income from continuing operations was $28 million, or $0.25 per diluted share, compared with $26 million, or $0.21 per diluted share, in the same period last year.
The Company also announced that the Board of Directors approved raising its regular quarterly dividend 20 percent to $0.06 per share and increasing the authorization for share repurchase to $250 million in the aggregate.
Is CVG Still a Buy After The Recent momentum? Find Out Here
Zynga Inc (NASDAQ:ZNGA) shares fell 0.67% to $2.97 after the company yesterday reported fourth-quarter profit and sales that surpassed analysts’ estimates as it cut costs faster than demand fell for virtual goods. Sales totaled $311.2 million, unchanged from a year earlier. The company posted a fourth-quarter net loss of $48.6 million, or 6 cents a share. Analysts predicted (ZNGA) a net loss of $58.1 million, or 7 cents a share.
Is ZNGA after A Solid Pop Up? Find Out Here
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