Volume Buzz: Darden Restaurants, Inc., Applied Materials, Inc., Bank of America Corp, Petroleo Brasileiro Petrobras SA

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:-

Darden Restaurants, Inc. (NYSE:DRI) shares gained 2.88% to $46.03 in the morning hour. The company today warned that its third-quarter profit would be below Wall Street estimates, as a severe winter kept customers away. The company said earnings were likely to be between $1.00 and $1.02 per share. Analysts on an average are expecting a profit of $1.13 per share. The company also said it expects blended U.S. same-restaurant sales at its Olive Garden, Red Lobster and LongHorn Steakhouse to be down about 4.5% in the third-quarter ending Feb. 24.

Is DRI after A Solid Pop Up? Find Out Here

Applied Materials, Inc. (NASDAQ:AMAT) stock jumped 1.62% to $13.47. The company said it will begin trading ex-dividend on February 15, 2013. A cash dividend payment of $0.09 per share is scheduled to be paid on March 13, 2013. Shareholders who purchased AMAT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that AMAT has paid the same dividend.

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

Bank of America Corp (NYSE:BAC) stock climbed 0.53% to $11.48. The company recently awarded Chief Executive Brian Moynihan $12 million in salary and bonus for 2012, reflecting a rebound year at the second-largest U.S. lender and vaulting him past J.P. Morgan Chase & Co. chief James Dimon in the ranks of the best-paid U.S. financial executives.

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

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares fell 0.72% to $15.08. The company, on Feb. 6, expects 2013 to be a difficult year, as it pursues a turnaround strategy that still needs time to show concrete results, the firm's chief executive told analysts and reporters. At stake is the company's ability to stick to production goals while simultaneously undertaking one of the most ambitious investment projects in the global oil industry, a program that will require $237 billion of spending over the next five years.

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

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