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:-
Accuray Incorporated (NASDAQ:ARAY) shares declined 9.57% to $4.59 in the morning hour after the company yesterday reported second quarter total consolidated GAAP revenue of $77.8 million and total non-GAAP revenue of $77.7 million. Consolidated GAAP net loss attributable to stockholders for the second quarter of fiscal 2013 was $29.2 million, or $0.40 per share, compared to $10.4 million, or $0.15 per share, for the second quarter of the prior year. Non-GAAP net loss for the second quarter of fiscal 2013 was $22.0 million or $0.30 per share compared to $7.1 million or $0.10 per share for the second quarter of the prior year.
Is ARAY after A Solid Pop Up? Find Out Here
Ann Inc (NYSE:ANN) stock dropped 8.05% to $30.16 after the company said total company net sales for the fourth quarter of 2012 are now expected to be $608 million, reflecting a comparable sales decline of 1 percent. Ann had previously projected total net sales to be about $625 million for the quarter, reflecting mid-single digit comparable sales growth. Analysts expect revenues of $624.32 million for the quarter. Total net sales for fiscal 2012 are now expected to be $2.376 billion, reflecting a total company comparable sales increase of 3 percent. Analysts expect sales of $2.39 billion.
How Should Investors Trade ANN After The recent Report? Find Out Here
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) shares decreased 9.54% to $44.28. The company, yesterday, reported a profit of $107.6 million, or 70 cents a share, up from $104.4 million, or 66 cents a share, a year earlier. Adjusted earnings in the latest period were 76 cents, up from 60 cents the year earlier. The company in November forecast upbeat adjusted earnings of 62 cents to 67 cents a share on sales growth of 14% to 18%.
Additionally, GMCR’s stock was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Jan. 23. The firm currently has a $49.00 target price on the stock.
Why Should Investors Consider Buying GMCR Now? Find Out Here
Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) stock declined 7.34% to $14.05 after the company yesterday announced that its wholly-owned indirect subsidiary, Nexstar Broadcasting, Inc., has entered into a definitive agreement to acquire the assets of KSEE(TV), the NBC affiliate serving the Fresno, California market, from Granite Broadcasting Corporation for $26.5 million in a transaction that is expected to be immediately accretive to Nexstar.
Additionally, the company yesterday announced that selling stockholders, funds affiliated with ABRY Partners, LLC, intend to offer 3.0 million shares of Class A common stock of the Company for sale in an underwritten offering. In addition, the selling stockholders have granted the underwriter a 30-day option to purchase up to an additional 450,000 shares of Class A common stock on the same terms and conditions.
How Should Investors Trade NXST After The recent Report? Find Out Here
Kohl's Corporation (NYSE:KSS) stock dropped 1.51% to $45.55 after the company today said its January comparable-store sales rose 13.3% percent year-over-year, with monthly total sales improving to $1.13 billion, from $844 million last year. Due to the 53rd week in the fiscal 2012 calendar, fiscal January 2013 included a fifth week which ended on February 2, 2013. Sales for the fifth week of fiscal January 2013 totaled $169 million, Kohl's added.
Is KSS Still a Buy After The Recent momentum? Find Out Here
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