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Stocks in News: MRC Global Inc, IAMGOLD Corporation, Aircastle Limited, Abercrombie & Fitch Co

 
 
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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:-

MRC Global Inc (NYSE:MRC) shares declined 4.65% to $29.53. The company, on Feb. 22, reported a fourth quarter net loss of $6.4 million or $0.06 per share, compared to net income of $3.6 million or $0.04 per share for the year-ago quarter. Adjusted net income for the fourth quarter of 2012 was $56.4 million, or $0.55 per share. Sales for the fourth quarter remained essentially flat with last year at $1.31 billion. Analysts expected the company to earn $0.47 per share on revenue of $1.39 billion for the fourth quarter.

Is MRC after A Solid Pop Up? Find Out Here

IAMGOLD Corporation (USA) (NYSE:IAG) shares fell 4.54% to $7.36. The company, last month, confirmed its previously announced gold production guidance of 875,000 to 950,000 attributable ounces for fiscal 2013. The company is a mining company. IAMGOLD‘s interests include five operating gold mines, a niobium mine, a diamond royalty, and exploration and development projects located in Africa and the Americas.

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

Aircastle Limited (NYSE:AYR) shares dropped 4.50% and closed at $13.36 in the last trading session. The company, on Feb. 21, reported fourth quarter net income of $29.8 million, or $0.43 per diluted common share and adjusted net income of $36.4 million, or $0.52 per diluted common share. Net income for the year ended December 31, 2012 was $32.9 million, or $0.46 per diluted common share, and adjusted net income was $57.0 million, or $0.80 per diluted common share.

Additionally, the company, on Feb. 21, announced the appointment of Agnes Mura to the company's Board of Directors, increasing the Board to eight members.

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

Abercrombie & Fitch Co. (NYSE:ANF) stock fell 4.46% to $46.86. The company, on Feb. 22, posted fourth quarter profit of $157.2 million, or $1.95 a share, up from $45.8 million, or 52 cents a share, a year earlier. Adjusted earnings were $2.21, up from $1.12. Revenue increased 11% to $1.47 billion. Analysts recently projected adjusted earnings of $1.96 on revenue of $1.49 billion.

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

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