Dallas, TX -- (SBWIRE) -- 03/22/2013 -- Marketbuzzreport.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:-
Gulfport Energy Corporation (NASDAQ:GPOR) shares dropped 2.33% and closed at $41.54. The company, on Feb. 26, reported fourth-quarter net income of $16 million or $0.28 per share, compared with $31 million or $0.59 per share last year. Revenues for the quarter were $56.5 million, compared with $67.5 million a year ago. Analysts estimated earnings of $0.18 per share on revenues of $57.08 million for the quarter. Net production for the quarter was 608.5 MBOE, down from 661.7 MBOE in the prior year.
How Should Investors Trade GPOR After The Recent Price movement? Find out Here
Lennar Corporation(NYSE:LEN) shares fell 2.33% to $42.39. The company, on Mar. 20, reported results for its first quarter ended February 28, 2013. First quarter net earnings attributable to Lennar in 2013 were $57.5 million, or $0.26 per diluted share, compared to first quarter net earnings attributable to Lennar of $15.0 million, or $0.08 per diluted share, in 2012. Revenues from home sales increased 40% in the first quarter of 2013 to $855.1 million from $610.7 million in the first quarter of 2012.
Is LEN a Strong Buying Opportunity After The Recent Slump? Find out Here
Mosaic Co (NYSE:MOS) stock decreased 2.33% to $60.04. The company, on Mar. 19, announced that it has entered into a Heads of Agreement with Ma'aden and the Saudi Basic Industries Corporation (SABIC) under which the companies intend to enter a joint venture to develop integrated phosphate production facilities in the Kingdom of Saudi Arabia. The parties contemplate that Ma'aden, Mosaic and SABIC would own 60, 25 and 15 percent of the joint venture, respectively.
Additionally, the company plans to release third quarter fiscal year 2013 earnings results on Thursday, March 28, 2013, before the market opening of the New York Stock Exchange.
Is MOS a Buy After The Latest Price Action? Find Out Here
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