Lakeway, TX -- (SBWIRE) -- 02/21/2013 -- 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:-
Fidelity National Information Services (NYSE:FIS) shares gained 0.73% and closed at $37.26. The company, on Feb. 12, said that its fourth-quarter net income climbed 17%, free of impairment charges as revenue for its financial solutions segment increased. The company earned $136.7 million, or 46 cents per share, for the three months ended Dec. 31. That's up from $117 million, or 39 cents per share, in the prior-year period. Adjusted earnings from continuing operations were 68 cents per share. Analysts predicted slightly higher earnings of 69 cents per share.
How Should Investors Trade FIS After The Latest Report? Find Out Here
Leucadia National Corp. (NYSE:LUK) shares gained 0.66% to $27.36. White Mountains Insurance Group Ltd. Yesterday said it agreed to buy Empire Insurance Co. from Leucadia National Corp. The deal is expected to be completed in the second quarter, according to a PR Newswire statement today from White Mountains that didn’t disclose terms.
Additionally, The Board of Directors of Leucadia, on Feb. 1, declared a pro rata dividend of all of the shares of common stock of its wholly-owned subsidiary, Crimson Wine Group, Ltd. ("Crimson"), which holds all of Leucadia's wine operations. The dividend will result in the separation of the two companies, as required by the merger agreement between Leucadia and Jefferies Group, Inc.
Is LUK a Buy After The Recent News? Get Free Trend Analysis Here
Ameren Corp (NYSE:AEE) shares climbed 0.66% to $33.46 in the last trading session. The company recently announced a 2012 GAAP net loss of $974 million, or $4.01 per share, compared to 2011 GAAP net income of $519 million, or $2.15 per share. Ameren recorded 2012 adjusted (non-GAAP) net income of $586 million, or $2.42 per share, compared to 2011 adjusted (non-GAAP) net income of $619 million, or $2.56 per share.
How Should Investors Trade AEE After The Recent Movement? Find Out Here
Linn Energy LLC (NASDAQ:LINE) stock climbed 0.66% to $36.65 in the last trading session after JPMorgan Chase initiated coverage on shares of Linn Energy in a research note released yesterday. The firm issued an overweight rating and a $43.00 price target on the stock.
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