Stocks Alert: Eldorado Gold Corp, The McGraw-Hill Companies, Cognizant Technology Solutions Corp, Red Hat

Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- 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:-

Eldorado Gold Corp (USA)(NYSE:EGO) shares gained 1.53% and closed at $9.97. The company, on Feb. 22, announced that it expects gold production of 705,000 to 760,000 ounces in fiscal 2013. The company is a gold exploration, development, mining and production company. The Company owns and operates mines worldwide.

How Should Investors Trade EGO After The Recent Movement? Find Out Here

The McGraw-Hill Companies, Inc. (NYSE:MHP) shares jumped 1.53% and closed at $47.26 in the last trading session. Chip Merritt, Vice President of Investor Relations for The McGraw-Hill Companies will present at the Raymond James 34th Annual Institutional Investors Conference on March 5 in Orlando, Florida. Mr. Merritt is scheduled to speak from 1:40 p.m. to 2:10 p.m. Eastern Time.

Additionally, Chip Merritt, Vice President of Investor Relations for MHP will present at the Raymond James 34th Annual Institutional Investors Conference on March 5 in Orlando, Florida. Mr. Merritt is scheduled to speak from 1:40 p.m. to 2:10 p.m. Eastern Time.

Is MHP Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares gained 1.52% to $77.94. The company, on Feb. 7, announced that for first quarter of 2013, it expects revenue to be at least $2.0 billion. Diluted earnings per share (EPS) are expected to be $0.92 on a GAAP basis and $1.01 on a non-GAAP basis. For fiscal 2013, it expects revenue expected to be at least $8.60 billion. Diluted EPS is expected to be at least $3.95 on a GAAP basis and $4.31 on a non-GAAP basis. Analysts' on an average were expecting the Company to report revenue of $2.0 billion and EPS of $0.93 for first quarter of 2013; revenue of $8.57 billion and EPS of $4.0 for fiscal 2013.

Is CTSH a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Red Hat, Inc. (NYSE:RHT) shares climbed 1.52% and closed at $51.58. The company, last month, said it plans to move most of its software and storage products to the open-source community to speed progress for cloud applications by global enterprises. The company said that by later this year its products will be compatible with the Apache Hadoop development community to use for writing applications for “big data” worldwide. The idea is to make it easier for companies to manage structured data in traditional databases and unstructured data so that it can be used and analyzed.

How Should Investors Trade RHT After The Latest Earnings Report? Find Out Here

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