Sony Corporation (ADR) (NYSE:SNE) Under Pressure on Earnings - TCK, ALU, SNE, TEVA, CVG, ZNGA

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

About bestdamnpennystocks.com
Best Damn Penny Stocks’ team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.

Disclaimer
The assembled information disseminated by Bestdamnpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Bestdamnpennystocks.com does expect that investors will buy and sell securities based on information assembled and presented in Bestdamnpennystocks.com. PLEASE always do your own due diligence, and consult your financial advisor.