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:-
Telefonica S.A. (ADR) (NYSE:TEF) shares jumped 2.40% and closed at $12.81 in the last trading session. The company, last month, announced that it disagreed with a fine by the European Union antitrust regulators on its competition agreements with Portugal Telecom SGPS SA and would appeal the decision with the Luxembourg-based European Union Court of Justice. The European Commission said it was fining Telefonica SA EUR 79 million ($104.96 million) and Portugal Telecom SGPS SA EUR 12 million for agreeing not to compete against each other in the Iberian telecoms market.
Is TEF after A Solid Pop Up? Find Out Here
Check Point Software Technologies Ltd. (NASDAQ:CHKP) shares gained 2.39% to $52.23. The company, on Feb. 20, announced the launch of its new 21700 Appliance providing market leading security and the fastest performance in a compact 2U chassis. The appliance offers maximum security performance straight out of the box with 78 Gbps of firewall throughput, 25 Gbps of IPS throughput and a 2,922 SecurityPower™ unit (SPU) rating.
Will CHKP Continue To Trend Higher After The Recent Gain? Find Out Here
Regions Financial Corporation (NYSE:RF) shares climbed 2.37% and closed at $7.77. The company, on Feb. 13, announced the creation of a $1 billion loan pool to provide economic development capital and spur business growth in the state of Alabama. Alabama Governor Robert Bentley and Regions Financial President and Chief Executive Officer Grayson Hall introduced the Regions Economic Development Loan Pool today at a news conference held at the Integrated Medical Systems International, Inc. (IMS) facility under renovation in Birmingham's Sloss Business District.
Is RF a Buy Opportunity After The Recent Slump? Find Out Here
The Blackstone Group L.P. (NYSE:BX) shares jumped 2.37% and closed at $19.03. The company recently said it would keep most of its about $550 million in SAC Capital Advisors L.P. for three more months while it awaits developments in the government’s insider-trading investigation of the firm. The company made the announcement, the deadline for investors to decide whether to continue to invest in SAC, a $14 billion hedge fund run by Steven Cohen.
Is BX Still a Buy After The Recent momentum? Find Out Here
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