Boston, MA -- (SBWIRE) -- 08/23/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Goodrich Petroleum Corporation (NYSE:GDP), Santarus, Inc. (NASDAQ:SNTS), New Residential Investment Corp (NYSE:NRZ), Pinnacle Entertainment, Inc (NYSE:PNK)
Goodrich Petroleum Corporation (NYSE:GDP) shares decreased 1.31% to $21.79. The board of directors of Goodrich Petroleum Corporation on August 22 has declared a quarterly cash dividend of $0.625 per depositary share, on its 10.00% Series C Cumulative Preferred Stock. The dividend will be paid on September 16, 2013 to stockholders of record as of September 3, 2013.
The board of directors of Goodrich Petroleum Corporation also declared a quarterly cash dividend of $0.6719 per share on its 5.375% Series B Cumulative Convertible Preferred Stock. The dividend will be paid on September 16, 2013 to stockholders of record as of September 3, 2013.
How Should Investors Trade GDP After The Recent Volatility? Get Free Report Here
Santarus, Inc. (NASDAQ:SNTS) stock decreased 4.28% to $24.15. The company on August 6 reported financial and operating results for the quarter ended June 30, 2013. The company reported total revenues of $89.4 million grew 89% compared with total revenues of $47.2 million in the second quarter of 2012. Non-GAAP adjusted earnings were $24.3 million and diluted non-GAAP adjusted earnings per share (EPS) were $0.31 in the second quarter of 2013 compared with non-GAAP adjusted earnings of $7.1 million and diluted non-GAAP adjusted EPS of $0.10 for the second quarter of 2012. Net income of $73.5 million, or $0.94 diluted EPS.
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New Residential Investment Corp (NYSE:NRZ) stock declined 0.32% to $6.26. The company on August 7 reported information for the quarter ended June 30, 2013. Income available for common stockholders ("GAAP Income") of $52.3 million, or $0.20 per diluted share, an increase of 43% and 33%, respectively, compared to Q1 2013. Core earnings of $43.0 million, an increase from $37.4 million in Q1 2013, and core earnings per diluted share of $0.16, in-line with Q1 2013.
Is NRZ A Good Buy After The Recent Price Movement? Find Out Here
Pinnacle Entertainment, Inc (NYSE:PNK) shares jumped 3.23% to $23.62. The company on August 16 announced that it has entered into a definitive agreement for the sale of Lumiere Place Casino, HoteLumiere, the Four Seasons Hotel St. Louis, and related excess land parcels (collectively "Lumiere Place Casino and Hotels") to Tropicana Entertainment Inc. ("Tropicana"). Under the terms of the agreement, Tropicana will purchase Lumiere Place Casino and Hotels for cash consideration of approximately $260 million.
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