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:-
Exelixis, Inc. (NASDAQ:EXEL) shares dropped 5.16% and closed at $4.41 in the last trading session. The company, on Feb. 21, reported financial results for the fourth quarter and year ended December 31, 2012. Revenues for the quarter ended December 31, 2012 were $7.8 million, compared to $93.3 million for the comparable period in 2011. Net (loss) income for the quarter ended December 31, 2012 was ($52.2) million, or ($0.28) per share, compared to $46.3 million, or $0.35 per share, basic, for the comparable period in 2011.
Is EXEL after A Solid Pop Up? Find Out Here
Research In Motion Ltd (NASDAQ:BBRY) shares decreased 5.04% to $13.18. The company recently launched BB10 at the end of January in the U.K. The company’s new device has since been reported to be running out of stock in several stores in the U.K, due to what Jefferies analysts view as an insatiable demand. The company is seen to be attracting above expectation demand levels for BB10.
Additionally, Jim Balsillie, a former co-chief executive of Research In Motion Ltd. and one of Canada's richest men, has sold all his remaining shares in the company, according to a regulatory filing released on Feb. 14. Mr. Balsillie stepped down as co-CEO, and then from RIM's board, last year during a wide-ranging executive overhaul at the BlackBerry maker.
Will BBRY Continue To Trend Higher After The Recent Gain? Find Out Here
ParkerVision, Inc. (NASDAQ:PRKR) stock dropped 4.99% to $4. The company announced that on February 20, 2013, the United States District Court for the Middle District of Florida issued its patent claim construction ruling, or "Markman Order", in the ongoing patent infringement action between ParkerVision and Qualcomm, Inc. In a Markman Order, the presiding district court in a patent infringement case set out the meaning of certain disputed patent claim language present in the patents in suit.
Is PRKR a Buy Opportunity After The Recent Slump? Find Out Here
Bloomin' Brands Inc (NASDAQ:BLMN) shares declined 4.99% to $17.15. The company, on Feb. 21, reported a fourth quarter profit to $18.3 million or $0.15 per share, compared to net income of $30.5 million or $0.28 per share for the year-ago quarter. Adjusted net income for the quarter increased to $20.7 million or $0.20 per share. Meanwhile, total revenues for the quarter increased to $998.38 million from $955.63 million a year ago. Analysts expected the company to report a profit of $0.19 per share on revenue of $999.86 million for the fourth quarter.
Is BLMN Still a Buy After The Recent momentum? Find Out Here
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