Stock Gainers: Synaptics, Halcon Resources Corp, RAIT Financial Trust, McEwen Mining Inc

Lakeway, NY -- (SBWIRE) -- 03/15/2013 -- 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:-

Synaptics, Incorporated (NASDAQ:SYNA) shares climbed 3.09% and closed at $38.04. The company, on Feb. 25, announced that its ClearPad(TM) Single Layer On-Cell (SLOC) capacitive touch solution, with its patented sensor design, is sampling with leading Liquid Crystal Manufacturers (LCMs). SLOC completely eliminates the discrete sensor, has no need for side borders, and delivers five finger support for feature-rich, entry-level smartphones. With its simplified manufacturing process, SLOC empowers OEMs to efficiently enter mass production in rapidly expanding entry-level smartphone markets such as Greater China.

Is SYNA a Strong Buy After The Recent Surge? Let’s Find out Here

Halcon Resources Corp (NYSE:HK) shares gained 3.09% to $7.35. The company, on Feb. 28, said it generated revenues of $124.7 million for the quarter ended December 31, 2012, compared to $25.6 million for the quarter ended December 31, 2011. Revenues for the full year 2012 were $247.9 million, compared to $103.7 million for the full year 2011. The company eported adjusted net income of $10.5 million, or $0.02 per diluted share, and a net loss of $4.0 million, or $0.03 per diluted share, for the three months and full year ended December 31, 2012, respectively.

Additionally, the company, on Mar. 11, announced that Floyd C. Wilson, Chairman and Chief Executive Officer, is scheduled to present at the 41st Annual Howard Weil Energy Conference in New Orleans, LA on Tuesday, March 19, 2013 at 2:40 p.m. EDT (1:40 p.m. CDT).

Is HK a Strong Buying Opportunity After The Recent Gain? Find out Here

RAIT Financial Trust(NYSE:RAS) shares gained 3.03% and closed at $7.47. The company, on Feb. 13, posted fourth-quarter negative funds from operations or FFO of $42.5 million or $0.83 per share, compared to negative FFO of $8.1 million or $0.20 per share in the comparable quarter last year. Adjusted funds from operations or AFFO rose to $16.9 million or $0.33 per share from $12.1 million or $0.30 per share in the year-ago period. Analysts expected the company to earn $0.30 per share for the quarter. Net loss allocable to common shares for the quarter widened to $50.4 million or $0.99 per share from $15.6 million or $0.39 per share in the previous year quarter. Total revenue for the quarter was $54.92 million, up from $47.48 million last year, while analysts expected revenue of $29.93 million for the quarter.

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McEwen Mining Inc(NYSE:MUX) shares jumped 3.03% and closed at $2.72. The company, on Mar. 11, provide a summary for its fourth quarter and full year operating results, including 2013 productiodn and cost guidance, for its mines and projects in Argentina, Mexico and Nevada. Gold equivalent production in the fourth quarter totaled 32,220 ounces (17,578 gold ounces and 761,377 silver ounces). Full year production totaled 105,050 gold equivalent ounces (48,876 gold ounces and 2,921,242 silver ounces), meeting 2012 guidance.

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