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
Best Damn Penny Stocks’ team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.
The assembled information disseminated by Bestdamnpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Bestdamnpennystocks.com does expect that investors will buy and sell securities based on information assembled and presented in Bestdamnpennystocks.com. PLEASE always do your own due diligence, and consult your financial advisor.
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)