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Stocks in News: Monster Beverage Corp, New York Mortgage Trust, Inc., Sony Corporation, Edison International

 
 
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Lakeway, NY -- (SBWIRE) -- 03/01/2013 -- 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:-

Monster Beverage Corp (NASDAQ:MNST) shares climbed 1.69% to $50.46, The company, on Feb. 27, posted fourth quarter profit of $67.9 million or $0.39 per share from $64.5 million or $0.35 per share in the same quarter last year. Analysts expected earnings of $0.43 per share for the quarter. The company’s net sales grew 15% to $471.5 million from $410.0 million last year. Analysts expected revenues of $483.61 million for the quarter.

Is MNST a Still a Buy after the Solid momentum? Let’s Find out Here

New York Mortgage Trust, Inc. (NASDAQ:NYMT) shares gained 1.68% to $7.04. The company last month announced different tax treatment for dividends declared in 2012 on the Company's common stock. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of dividends on the Company's common stock.

Is NYMT a Strong Buying Opportunity After The Recent Slump? Find out Here

Sony Corporation (ADR) (NYSE:SNE) shares climbed 1.67% and closed at $14.58. The company, on Feb. 20, announced that it has decided to sell 95,000 shares (a 6.0% stake) in M3 Inc to Deutsche Securities Inc., on February 25, 2013. As a result, Sony will hold 791,908 shares (a 49.8% stake) in M3 Inc, down from 886,908 shares (a 55.8% stake). The transaction price is not disclosed.

Should SNE Buy SNE After The Recent Movement? Let’s Find out Here

Edison International (NYSE:EIX) shares increased 1.67% to $48.03 in yesterday’s session. The company, on Feb. 26, reported a fourth-quarter loss of $539 million, compared with a loss of $839 million in the same period a year ago. On a per-share basis, which reflects the payment of preferred dividends, the loss was $1.64, compared with $ 2.56 a share in the 2011 quarter. Total operating revenue grew 22% to $3.06 billion. Analysts projected core earnings of $1.05 a share and revenue of $2.21 billion.

Is EIX a Strong Buying Opportunity After The Recent Slump? Find out Here

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