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:-
Cypress Semiconductor Corporation (NASDAQ:CY) stock jumped 4.67% to $10.32. DRS Technologies, Inc., and Cypress Semiconductor announced that DRS will transfer its state-of-the-art Microbolometer technology for uncooled infrared detectors to Cypress for high-volume manufacturing. The proprietary production process, developed by the Network and Imaging Systems (NIS) division of DRS Technologies, will be transferred to Cypress's 65nm Class 10 8-inch wafer fabrication facility in Bloomington, Minnesota.
Is CY after A Solid Pop Up? Find Out Here
Wolverine World Wide, Inc. (NYSE:WWW) shares climbed 4.57% to $44.86 in the early hour after the company posted fourth quarter net loss of $3.72 million or $0.08 per share compared to profit of $23.01 million or $0.47 per share last year. Adjusted earnings per share were $0.48. Analysts expected earnings of $0.17 per share for the quarter. Revenue for the quarter increased to $652.25 million from last year's $406.47 million. Analysts expected revenues of $652.09 million.
Will WWW Continue To Trend Higher After The Recent Gain? Find Out Here
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares gained 4.35% to $3.36 in the morning hour. Analysts at Citigroup started coverage on shares of Yingli Green in a research report issued to clients and investors on Feb. 6. The firm set a “neutral” rating and a $3.50 price target on the stock. Separately, analysts at Zacks upgraded shares of Yingli Green from a “neutral” rating to an “outperform” rating in a research note to investors on January 30. They now have a $3.10 price target on the stock.
Is YGE a Buy Opportunity After The Recent Slump? Find Out Here
Quicksilver Resources Inc (NYSE:KWK) stock jumped 3.23% to $2.24. The company announced the company expects to release fourth-quarter 2012 earnings on Monday, February 25, 2013, before the market opens. The company will host a conference call the same day at 10:00 a.m. Central time to discuss financial and operating results.
Is KWK Still a Buy After The Recent momentum? Find Out Here
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