Stocks Closed Positive (Realogy Holdings Corp (NYSE:RLGY), Superior Energy Services, Inc. (NYSE:SPN), ITT Corp (NYSE:ITT))

Las Vegas, NV -- (SBWIRE) -- 03/01/2013 -- Cogonews.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-

Realogy Holdings Corp (NYSE:RLGY) shares gained 2.14% to $44.85. RLGY’s stock had its price target lifted by JPMorgan Chase to $51.00 in a research note released on Feb. 22. They currently have an overweight rating on the stock. Additionally, analysts at Barclays Capital downgraded shares of Realogy Holdings Corp from an overweight rating to an equal weight rating in a research note to investors on Feb. 5. They now have a $46.00 price target on the stock, up previously from $43.00. They noted that the move was a valuation call.

Can RLGY Recover After The Recent fall? Find Out Here

Superior Energy Services, Inc. (NYSE:SPN) shares gained 2.12% to $26.45. The company, on Feb. 26, announced fourth-quarter net income of $76.3 million, or $0.48 per share, up from $19.4 million, or $0.24 per share, for the same quarter of 2011. Non-GAAP adjusted earnings for the quarter were $77.6 million, or $0.49 per share. Meanwhile, revenue for the quarter surged to $1.178 billion from $562.40 million in the year ago quarter. Analysts expected the company to report earnings of $0.48 per share on revenues of $1.15 billion for the fourth-quarter.

Can SPN Recover Now? Find Out Here

ITT Corp (NYSE:ITT) shares increased 2.09% and closed at $26.33 in yesterday’s session. The company, on Feb. 27, posted fourth-quarter net income of $32.4 million, or $0.35 per share, versus a loss of $529.0 million, or $5.68 per share a year ago. GAAP earnings from continuing operations totaled $0.24 per share this quarter. Quarterly adjusted earnings from continuing operations amounted to $0.37 per share. Revenue for the quarter was $554.3 million, an increase from the prior year's $509.9 million. Analysts expected earnings per share of $0.38 on revenues of $537.57 million for the quarter.

How Should Investors Trade ITT Now? Find Out Here

About Cogo News
Cogonews.com has a finger on the pulse of many sectors including renewable energy, oil, pharma, mining, finance, and healthcare. Our in depth research and analysis of NASDAQ, OTCBB, Pink Sheets, and NYSE has yielded considerable gains for our subscribers.

Our to-the-minute reports and alerts coupled with breaking news, analysis, investment strategies, and FREE subscription email services contribute to our role as one of the leading investor relations marketing firms.

Disclaimer
The assembled information disseminated by cogonews.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. cogonews.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.

Contact:
cogonews.com
editor@cogonews.com