Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- 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:-
Rockwood Holdings, Inc. (NYSE:ROC) stock gained 7.48% to $61.80 after the company posted fourth quarter net income of $21.2 million, down from $62.9 million a year ago. On a per share basis, earnings totaled $0.26 versus $0.79 last year. On an adjusted basis, net income from continuing operations totaled $38.0 million or $0.47 per share, just missing the $0.48 per share consensus estimate of analysts. Net sales for the period were $829 million, up from $814.4 million last year and analyst expectations of $790.85 million.
Is ROC after A Solid Pop Up? Find Out Here
Magnachip Semiconductor Corp (NYSE:MX) stock jumped 9.10% to $17.50. On Feb. 13, MagnaChip and ELAN Microelectronics ("ELAN"), announced that they have begun to ramp production of ELAN's EEPROM touchpad products utilizing MagnaChip's advanced 0.18um manufacturing process technology. MagnaChip's 0.18um EEPROM process features a patented side-wall selective transistor cell (SSTC) structure driving multiple voltage levels from 1.8V, 1.8V+3.3V and 1.8V+5.0V.
Will MX Continue To Trend Higher After The Recent Gain? Find Out Here
CenturyLink, Inc. (NYSE:CTL) shares climbed 6% to $35 in the early hour. The company, last week, posted fourth quarter profit of 67 cents on revenue of $4.85 billion, missed analysts’ estimates by a penny and revenue by $10 million.
For the first quarter the company projects to earn 67-72 cents a share on revenue of $4.46B-$4.51B, compared to analysts’ target of 66 cents a share on revenue of $4.55 billion. For the full year 2013, the company expects to earn $2.50-$2.70 on revenue of $18.1B-$18.3B, again missed analysts’ target of $2.64 a share on revenue of $18.2B.
Is CTL a Buy Opportunity After The Recent Slump? Find Out Here
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) shares jumped 5.86% to $30.33 in the morning hour. The company announced that it will release fourth quarter and full year 2012 financial results on Tuesday, February 26, 2013 after the close of the U.S. financial markets. The Company will host a conference call and slide presentation via webcast on Tuesday, February 26, 2013 at 4:30 p.m. Eastern / 1:30 p.m. Pacific to discuss results and highlights of the quarter and full year, as well as current corporate developments.
Is QCOR Still a Buy After The Recent momentum? Find Out Here
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