Hot Stocks: Texas Instruments Incorporated, France Telecom SA, RF Micro Devices, Inc., Cabot Oil & Gas Corporation

Lakeway, TX -- (SBWIRE) -- 02/22/2013 -- 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:-

Texas Instruments Incorporated (NASDAQ:TXN) stock jumped 4.06% to $33.80 after the company yesterday said that is has hiked its quarterly dividend by 33% to 28 cents a share. The dividend is payable on May 20 to shareholders of record on April 30. The company also said it was adding $5 billion to its authorized share buyback program, bringing the total outstanding authorization of the program to $8.4 billion.

Is TXN after A Solid Pop Up? Find Out Here

France Telecom SA (ADR) (NYSE:FTE) shares gained 1.95% to $9.91. The company, on Feb. 15, announced that it has decided to sells its entire 20% stake in Sonaecom SGPS SA (Sonaecom) to Sonae SGPS SA (Sonae), which holds 53.17% stake in Sonaecom. France Telecom SA also announced that France Telecom SA entered on February 15, 2013 into a put and call option agreement with Sonae and that the call is exercisable by Sonae over the next 18 months and the put will be exercisable by France Telecom SA during the three months following this initial period.

Will FTE Continue To Trend Higher After The Recent Gain? Find Out Here

RF Micro Devices, Inc. (NASDAQ:RFMD) stock climbed 2.82% to $4.74 after Lazard Capital Markets upgraded shares of RF Micro Device from a neutral rating to a buy rating in a research report released today.

Additionally, the company announced the Company will present its expanding portfolio of industry-leading radio frequency (RF) components for smartphones, tablets and other data-centric mobile devices at the 2013 Mobile World Congress (MWC 2013), to be held February 25 to February 27, 2013 in Barcelona, Spain.

Is RFMD a Buy Opportunity After The Recent Slump? Find Out Here

Cabot Oil & Gas Corporation (NYSE:COG) shares climbed 7.39% to $57.84 in the early hour after the company yesterday reported fourth quarter net income of $40.87 million or $0.19 per share, up from $26.36 million or $0.13 per share in the prior-year quarter. Adjusted net income for the quarter was $57.11 million or $0.27 per share, compared to $40.27 million or $0.20 per share in the year-ago quarter. Analysts expected the company to report earnings of $0.21 per share for the fourth quarter. Operating revenues for the quarter rose to $369.88 million from $268.03 million in the same quarter last year, and topped analysts' consensus estimate of $348.70 million.

Is COG Still a Buy After The Recent momentum? Find Out Here

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