Lakeway, TX -- (SBWIRE) -- 02/14/2013 -- 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:-
Smith & Wesson Holding Corporation (NASDAQ:SWHC) shares gained 3.95% to $9.47. The 52 week trading range for the company is $5.11 - $11.25. The shares of the company soared 83% in the last one year. The Company manufactures a range of handguns, modern sporting rifles, hunting rifles, black powder firearms, handcuffs, and firearm-related products and accessories for sale to a range of customers, including gun enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement and security agencies and officers, and military agencies in the United States and globally.
How Should Investors Trade SWHC After The Latest Earnings Report? Find Out Here
Coinstar, Inc. (NASDAQ:CSTR) shares jumped 3.60% to $52.98. The company, on Feb. 7, reported a fiscal fourth-quarter earnings of $22.9 million, or 75 cents a share, on revenue of $564.1 million, as compared with earnings of $31.5 million, or $1.04 a share, on $466 million in sales in the year-ago period. Analysts had forecast Coinstar to earn 74 cents a share on $577 million in revenue for the quarter ended December 31.
Is CSTR a Buy After The Solid Earnings? Get Free Trend Analysis Here
Rackspace Hosting, Inc. (NYSE:RAX) shares declined 19.58% to $6.30 after the company on Feb. 12 reported that its fourth-quarter net income increased to $29.91 million or $0.21 per share, from $25.05 million or $0.18 per share in the same quarter last year. Analysts expected the company to report earnings of $0.22 per share for the quarter. Net revenues for the quarter rose to $352.91 million from $283.26 million in the prior year quarter. Analysts had consensus revenue estimate of $355.42 million for the quarter.
How Should Investors Trade RAX After The Recent Movement? Find Out Here
Coeur d'Alene Mines Corporation (NYSE:CDE) shares declined 10.34% to $21.06 after the company confirmed that it has submitted a binding proposal to acquire all of the issued and outstanding common shares of Orko Silver Corp. (OK.V: Quote) in a transaction with a total value of approximately C$384 million.
Additionally, the company announced that it is offering to repurchase all of its outstanding 3.25% Convertible Senior Notes due 2028 (the “Notes”). As of February 12, 2013, there was $48,658,000 aggregate principal amount of Notes outstanding.
Get Latest News, Updates and Reports For Free On CDE Here
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.
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.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)