Boston, MA -- (SBWIRE) -- 08/30/2013 -- 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: (Krispy Kreme Doughnuts (NYSE:KKD), Cypress Semiconductor Corporation (NASDAQ:CY), Molycorp Inc(NYSE:MCP), Magnum Hunter Resources Corp (NYSE:MHR)
Krispy Kreme Doughnuts (NYSE:KKD) shares climbed 4.45% to $23.23. The company on August 29 reported financial results for the second quarter of fiscal 2014, ended August 4, 2013. The Company also reaffirmed its adjusted earnings per share guidance in the range of $0.59 to $0.63 per share for the full year.
For the second quarter ended August 4, 2013, revenues increased 10.4% to $112.7 million from $102.1 million. Adjusted net income was $9.6 million ($0.14 per share) compared to $8.2 million ($0.12 per share) in the second quarter last year.
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Cypress Semiconductor Corporation (NASDAQ:CY) stock increased 1.09% to $11.60. The company on August 29 announced that Executive Vice President of Finance and Chief Financial Officer, Brad Buss, will discuss Cypress's business and strategic outlook at two investor events in September. First, Buss will present at the 2013 Citi Technology Conference on September 4 at the Hilton Hotel in New York. The presentation will begin at 11:15 a.m. Eastern Time. Second, Buss will address the Deutsche Bank 2013 dbAccess Technology Conference at The Cosmopolitan of Las Vegas on September 10 at 11:00 a.m. Pacific Time.
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Molycorp Inc(NYSE:MCP) shares increased 0.65% to $6.17. Bernstein Liebhard LLP on August 20 announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of all those who purchased securities of Molycorp, Inc. (NYSE: MCP) ("Molycorp" or the "Company") between August 2, 2012 and August 7, 2013, inclusive.
Additionally, the company on August 8 announced financial and operating results for the second quarter of 2013. The Company reported a net loss of $0.36 per share for the quarter on an adjusted non-GAAP basis. The Company reported consolidated net revenues of $136.9 million during the second quarter of 2013, a 6% decrease over the first quarter of 2013.
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Magnum Hunter Resources Corp (NYSE:MHR) shares increased 0.42% and closed at $4.76. The company on August 26 announced that its Board of Directors has declared a dividend in the form of warrants to purchase shares of the Company's common stock at $8.50 per share. The warrants will be issued on October 15, 2013 to shareholders of record on September 16, 2013. Each shareholder of the Company's common stock will receive one warrant for every ten shares owned as of the record date.
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