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:-
SanDisk Corporation (NASDAQ:SNDK) shares climbed 1.56% to $50.21. The company, on Feb. 25, announced that the iNAND Extreme? Embedded Flash Drive (EFD) supports tablet reference designs based on the NVIDIA® Tegra® 4 - the world's fastest mobile processor1. Optimized for use in the tablets powered by Tegra 4, iNAND Extreme delivers an outstanding user experience by enhancing processing performance and providing reliable, high-quality digital storage.
How Should Investors Trade SNDK After The Solid Jump? Let’s Find Out Here
Las Vegas Sands Corp. (NYSE:LVS) shares gained 1.93% to $51.71. Argus upgraded shares of Las Vegas from a hold rating to a buy rating in a research report released last week. Argus currently has $66.00 price target on the stock. Additionally, analysts at Morgan Stanley raised their EPS on shares of Las Vegas Sands in a research note to investors on Monday, February 4. They now have an overweight rating and a $60.00 price target on the stock.
Is LVS Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Southwestern Energy Company (NYSE:SWN) stock gained 2.52% to $34.19. The company, on Feb. 20, reported fourth-quarter net loss of $355.6 million or $1.02 per share, compared with net income of $158.5 million or $0.45 per share last year. Adjusted earnings for the quarter were $156.4 million or $0.44 per share. Analysts on consensus estimated earnings of $0.44 per share for the quarter. Analysts' estimates typically exclude special items. The company reported fourth-quarter revenues of $773 million, compared with $744 million a year ago. Analysts estimated revenues of $712.60 million.
Additionally, Canaccord Genuity reiterated its Hold rating on Southwestern Energy and slightly raised its price target from $37.00 to $38.00.
Is SWN Buy After The Recent Price Movement? Find Out Here
QUALCOMM, Inc. (NASDAQ:QCOM) shares climbed 1.31% to $65.78 in the early hour. The company, on Feb. 25, announced that its subsidiary, Qualcomm Innovation Center, Inc. (QuIC), will extend the AllJoyn(TM) software development project with new core interoperable services to enable richer experiences for consumers. These new services will be available on devices with different operating systems and from different vendors.
Is QCOM Buy After The Recent Price Movement? Find Out Here
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