Boston, MA -- (SBWIRE) -- 08/20/2013 -- 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: (Thompson Creek Metals Company Inc (USA)(NYSE:TC), Infinera Corp.(NASDAQ:INFN), American Capital Mortgage Investment Crp (NASDAQ:MTGE), EXACT Sciences Corporation (NASDAQ:EXAS)
Thompson Creek Metals Company Inc (USA)(NYSE:TC) shares dropped 2.93% to $3.64. The company on August 8 announces that Jacques Perron will be joining the Company as Chief Executive Officer and Director. Mr. Perron will succeed Kevin Loughrey, Chairman and Chief Executive Officer, who previously announced his retirement. The effective date of Mr. Perron's appointment is expected to be no later than November 1, 2013.
Additionally, the company on August 8 reported better-than-expected adjusted earnings and as strong economic data out of China lifted commodities stocks. Net loss for the second quarter to June 30 widened to $19.2 million, or 11 cents a share, from a loss of $14.8 million, or 9 cents, a year earlier. Revenue rose to $117.8 million from $113.5 million. Adjusted earnings were $13.8 million, or 8 cents a share, compared with a loss of $10.6 million, or 6 cents, a year earlier. Analysts had been expecting earnings of 1 cent a share.
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Infinera Corp.(NASDAQ:INFN) shares decreased 0.10% to $10.39. The company on August 19 announced that Dacom Crossing, a Korean provider of international IP communications, has deployed the Infinera DTN-Xpacket optical networking platform delivering a fully integrated network connecting Seoul, the terrestrial backhaul network and the EAC Korea landing station. The Infinera Intelligent Transport Network, featuring the DTN-X, enables Dacom Crossing to offer 10, 40 and 100 Gigabit Ethernet (GbE) services in addition to existing International Private Lease Circuit services up to 10 Gigabit per second (Gb/s).
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American Capital Mortgage Investment Crp (NASDAQ:MTGE) shares declined 6.99% to $17.96. The company on July 30 reported a net loss for the quarter ended June 30, 2013 of $(54.4) million, or $(0.94) per share, and net book value of $22.63 per share.
As of June 30, 2013, the Company's net book value per share was $22.63, or $(1.62) per share lower than the net book value per share of $24.25 as of March 31, 2013. This decrease in net book value was largely due to wider spreads in the broader mortgage-backed securities market.
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EXACT Sciences Corporation (NASDAQ:EXAS) shares climbed 2.68% to $12.27. Investment analysts at Ladenburg Thalmann hoisted their target price on shares of EXAS from $9.75 to $14.25 in a note issued to investors on July 25. The firm currently has a “neutral” rating on the stock.
Additionally, the company released its earnings data on Tuesday, July 23rd. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.01. The company had revenue of $1.00 million for the quarter, compared to the consensus estimate of $1.02 million.
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