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Gainers to Watch: News Corp, Corrections Corp of America, Brown-Forman Corporation, Canaco Resources Inc

 
 
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Lakeway, NY -- (SBWIRE) -- 02/19/2013 -- 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:-

News Corp (NASDAQ:NWSA) shares jumped 1.44% and closed at $28.90 in the last trading session. The company, on Feb. 6, cut its forecast for annual earnings, saying underperformance at several businesses including its Fox broadcast network would offset a gain in earnings in the most recent quarter.

The company earned $2.38 billion, or $1.01 per share, in the fiscal second quarter. That's up from $1.06 billion, or 42 cents per share, a year earlier. Adjusted earnings came to 44 cents per share, beating the 43 cents per share expected by analysts. Revenue was $9.43 billion, up 5 percent from $8.98 billion. The company says its pay TV network business helped grow revenue. Analysts forecast revenue of $9.26 billion.

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

Corrections Corp Of America (NYSE:CXW) shares gained 1.44% to $38.17. The company, on Feb. 13, announced that for first quarter 2013, it expects adjusted EPS in the range of $0.47 to $0.48, FFO to be in the range of $0.66 to $0.68 per diluted share, AFFO per Diluted Share to be in the range of $0.64 to $0.66. For fiscal 2013, it expects adjusted diluted EPS of $2.05 to $2.15, FFO per diluted share of $2.80 to $2.90 and adjusted FFO per diluted share of $2.72 to $2.87. Analysts were expecting the Company to report EPS of $0.42 for first quarter of 2013.

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

Brown-Forman Corporation (NYSE:BF.B) shares climbed 1.41% and closed at $65.24. The company, on Jan. 22, announced that Board of Directors declared a regular quarterly cash dividend of 25½ cents per share on its Class A and Class B Common Stock. Stockholders of record on March 8, 2013 will receive the cash dividend on April 1, 2013.

Is BF.B a Strong At New highs? Let’s Find out Here

Canaco Resources Inc. (CVE:CAN) shares increased 1.09% and closed at $0.465 in yesterday’s session. The 52 week trading range for the company is $0.27 - $1.68. The shares of the company fell 66% in the last one year. The company is an exploration-stage company. Canaco is engaged in mineral property exploration in Tanzania. It operates in two segments: mineral exploration and development in Tanzania, and administration and investing in Canada.

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

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