Orlando, FL -- (SBWIRE) -- 08/23/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On CONSOL Energy Inc. (NYSE:CNX), Take-Two Interactive Software, Inc. (NASDAQ:TTWO).
CONSOL Energy Inc. (NYSE:CNX) shares closed at $32.78. The company will begin trading ex-dividend on May 08, 2013. A cash dividend payment of $0.125 per share is scheduled to be paid on May 24, 2013. Shareholders who purchased CNX stock prior to the ex-dividend date are eligible for the cash dividend payment.
Additionally, the company on July 25 said it swung to a surprise second-quarter loss as the energy producer's revenue sank and it brought in far less funds from asset sales.
The company posted a loss of $12.5 million, or five cents a share, compared with a year-earlier profit of $152.7 million, or 67 cents a share. The company posted $30.8 million in gains from the sale of assets, down from $170.3 million a year earlier. Excluding certain items, the company posted a loss of three cents a share in the latest period. Total revenue dropped 16% to $1.22 billion. Analysts expected income of 17 cents a share on $1.21 billion in revenue.
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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) shares closed at $18.94. Analysts at Benchmark Co. initiated coverage on shares of Take-Two Interactive Software in a research note to investors on August 9. They set a “buy” rating and a $22.85 price target on the stock.
Additionally, the company, on July 30, reported better-than-expected financial results for fiscal first quarter 2014, ended June 30, 2013. In addition, the Company increased its financial outlook for fiscal year 2014, ending March 31, 2014, and provided its initial financial outlook for fiscal second quarter 2014, ending September 30, 2013.
For fiscal first quarter 2014, GAAP net revenue was $142.7 million, as compared to $226.1 million for fiscal first quarter 2013. GAAP net loss from continuing operations narrowed to $61.9 million, or $0.71 per diluted share, as compared to $110.8 million, or $1.30 per diluted share, for the year-ago period. Non-GAAP net loss narrowed to $47.1 million, or $0.54 per diluted share, as compared to $98.8 million, or $1.16 per diluted share, for the year-ago period.
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