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News Review: General Electric Company, Fortress Investment Group LLC, Health Management Associates, Inc., Service Corporation International

 
 
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Lakeway, NY -- (SBWIRE) -- 02/14/2013 -- ThePennyStockProfiler.com, 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:-

General Electric Company (NYSE:GE) shares jumped 3.59% and closed at $23.39 in the last trading session. On Feb. 13, J.P. Morgan reiterated its Overweight rating on General Electric Company.

Additionally, GE Capital Retail Bank, a consumer lending unit of General Electric Company (NYSE:GE), announced a multi-year year renewal of its private label credit card program with leading national retailer J. C. Penney Company, Inc. (NYSE:JCP).

Is GE a Strong At New highs? Let’s Find out Here

Fortress Investment Group LLC (NYSE:FIG) shares gained 3.57% to $5.80. Gagfah SA (GFJ), the third-biggest owner of German real estate by market value, on Feb. 5, abandoned a plan to sell a unit that owns a quarter of its homes as the company nears an agreement on refinancing a 1 billion-euro ($1.35-billion) loan. Gagfah, controlled by Fortress Investment Group LLC (FIG), will keep 38,000 Dresden apartments that it bought in 2006 using the loan, the company said in a statement. The refinancing is expected to close “within the next few weeks,”.

Is FIG a Strong Buying Opportunity After The Recent Slump? Find out Here

Health Management Associates, Inc. (NYSE:HMA) shares gained 3.47% to $10.72. HMA’s stock was upgraded by TheStreet from a “hold” rating to a “buy” rating in a research note issued on Feb. 11.

Additionally, the company, on Feb. 6, announced that a subsidiary has executed a definitive agreement to partner with the 480-bed Bayfront Health System, located in St. Petersburg, Florida. As part of the joint venture, Health Management will acquire an 80% interest in Bayfront Health System, and introduce an affiliation with ShandsHealthCare, part of UF&Shands, the University of Florida Academic Health Center.

Is HMA a Strong At New highs? Let’s Find out Here

Service Corporation International (NYSE:SCI) shares climbed 3.33% and closed at $15.82. The company, on Feb. 13, announced that its Board of Directors has approved a quarterly cash dividend of six cents per share of common stock. The quarterly cash dividend announced today is payable on March 28, 2013 to shareholders of record at the close of business on March 15, 2013.

Is SCI a Strong Buying Opportunity After The Recent Slump? Find out Here

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