Stocks in News: Broadcom Corporation, Robert Half International Inc., Terex Corporation, KKR & Co. L.P.

Lakeway, TX -- (SBWIRE) -- 02/25/2013 -- 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:-

Broadcom Corporation (NASDAQ:BRCM) shares climbed 2.40% and closed at $34.53. Broadcom and Norton(TM) by Symantec, on Feb. 20, announced a partnership to help consumers protect and manage their home networks and all of their Internet-connected devices. Through this partnership, Norton has integrated its industry-leading security technology with Broadcom's BCM4708x series of 5G WiFi (802.11ac) home router platforms to deliver network protection and services to all devices connecting to the Internet in the home.

Additionally, Piper Jaffray, on Feb. 22, initiated coverage on BRCM with an Overweight rating and a $50.00 price target.

Is BRCM after A Solid Pop Up? Find Out Here

Robert Half International Inc. (NYSE:RHI) shares gained 2.36% to $35.54. The company will begin trading ex-dividend on February 21, 2013. A cash dividend payment of $0.16 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased RHI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.67% increase over the prior quarter.

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

Terex Corporation (NYSE:TEX) stock climbed 2.33% to $32.47. The company, on Feb. 19, reported a net loss for the fourth quarter of $33.3 million or $0.30 per share, compared to a net loss of $2.9 million or $0.03 per share for the year-ago quarter. Loss from continuing operations for the fourth quarter was $30.7 million or $0.28 per share. Adjusted income from continuing operations was $21.9 million or $0.19 per share. Net sales for the fourth quarter fell 13.3% to $1.70 billion from $1.96 billion a year ago. Analysts expected the company to earn $0.40 per share on revenue of $1.83 billion for the fourth quarter.

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

KKR & Co. L.P. (NYSE:KKR) shares increased 2.31% and closed at $17.75 in yesterday’s session. The company’s co-founders and chief executive officers Henry Kravis and George Roberts, last week, received about $137 million and $141 million respectively in executive compensation and cash dividends in 2012, over 45% more than they got in 2011. Kravis and Roberts, who founded KKR in 1976 with Jerome Kohlberg, had each received roughly $94 million in executive compensation and cash dividends in 2011.

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

About bestdamnpennystocks.com
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.

Disclaimer
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.