Lakeway, NY -- (SBWIRE) -- 02/25/2013 -- ThePennyStockProfiler.com, 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:-
Seven Arts Entertainment Inc (PINK:SAPX) shares increased 10.64% to $0.0104. The company, on Feb. 20, announced its results of operations for the quarter ended December 31, 2012. The Company recorded a gross loss of ($84,288) on total revenue of $182,797 for the quarter ended December 31, 2012 compared to a gross loss of ($412,686) on revenues of $207,790 for the quarter ended December 31, 2011. The Company's net loss increased to ($1,799,894) from ($1,099,422) principally because of two start-up businesses and an increase of interest expense to $933,939 from $328,942, primarily as interest on the loan utilized for the leasehold improvements at the Company's post production facility at 807 Esplanade Avenue in New Orleans was not included in the 2011 expense.
Is SAPX a Strong Buy After The Recent Slump? Let’s Find out Here
Amgen, Inc. (NASDAQ:AMGN) shares gained 3.83% to $90.14. The company will begin trading ex-dividend on February 11, 2013. A cash dividend payment of $0.47 per share is scheduled to be paid on March 07, 2013. Shareholders who purchased AMGN stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 30.56% increase over the prior quarter.
Additionally, the company notes that an analysis by the Congressional Budget Office released this week shows that, contrary to the implications of past media reports, keeping oral-only drugs in Medicare Part D would actually achieve significant savings over time for both taxpayers and the Medicare program.
Is AMGN a Strong Buying Opportunity After The Recent Slump? Find out Here
Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) shares increased 2.42% to $19.49. The company, on Feb. 6, released its unaudited financial results for the fourth quarter of 2012. Net revenue for the fourth quarter of 2012 was US$1,101.8 million, representing an increase of approximately 9% from US$1,008.3 million for the comparable period in 2011. GAAP net income for the fourth quarter of 2012 was US$108.0 million, or US$0.20 per ADS, compared with net income attributable to Melco Crown Entertainment of US$107.5 million, or US$0.20 per ADS, in the fourth quarter of 2011.
Should Investors Consider MPEL After The Recent price Action? Get Free Trend Analysis Here
Delta Air Lines, Inc. (NYSE:DAL) shares climbed 2.91% and closed at $14.15. The company sued the Export-Import Bank of the United States last week, renewing a legal fight over subsidies that benefit aircraft exporters such as Boeing Co and by extension non-U.S. airlines. The suit was filed in U.S. District Court in Washington, D.C. Joining Delta as plaintiffs were Hawaiian Airlines Inc and the Air Line Pilots Association, International.
Get latest News, Updates on DAL Here
ThePennyStockProfiler.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. ThePennyStockProfiler.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at http://www.ThePennyStockProfiler.com
The assembled information disseminated by ThePennyStockProfiler.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. ThePennyStockProfiler.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)