Boston, MA -- (SBWIRE) -- 09/10/2013 -- 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: (TiVo Inc.(NASDAQ:TIVO), Forest Oil Corporation (NYSE:FST), Tellabs, Inc. (NASDAQ:TLAB), Northern Tier Energy LP (NYSE:NTI)
TiVo Inc.(NASDAQ:TIVO) shares increased 1.27% to $11.96. The company on August 27 announced the highest net revenue and profit in the company's history and sharp subscriber growth, prompting the company to predict profits ahead for the foreseeable future. The company reported a a net profit in the quarter ended July 31 of $268.9 million, or $1.96 a share, from a loss of $27.7 million, or 23 cents a share, a year prior. Adjusted loss were $13.1 million. In May, TiVo had predicted a net loss of $13 million to $16 million and service-and-technology revenue of $68 million to $70 million. Revenue for the fiscal second quarter ended July 31 jumped more than 53% to $100 million.
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Forest Oil Corporation (NYSE:FST) shares increased 1.58% to $5.80. The company on Sept. 3 announced that it has entered into a definitive agreement with an undisclosed buyer to sell a portion of its largely undeveloped acreage position located in the Permian Basin of West Texas for proceeds of approx. $35 million. The transaction includes approximately 58,200 gross acres located in Crockett County, Texas. The sale is expected to close on or before September 10, 2013 and is subject to customary purchase price adjustments and closing conditions. The Company plans to use the proceeds from this divestiture to reduce outstanding borrowings under its bank credit facility.
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Tellabs, Inc. (NASDAQ:TLAB) shares gained 2.11% to $2.42. A new study sponsored by Tellabs on August 29 defines the value of Software Defined Networking (SDN) in mobile backhaul networks. New research by Strategy Analytics finds that SDN can save mobile operators more than $4 billion in capital expenses by 2017.
Additionally, the company on August 1 announced its second-quarter 2013 results. The company said second-quarter loss widened to $7.8 million or $0.02 per share from $4.7 million or $0.01 per share in the same period last year. Adjusted earnings per share were breakeven. Analysts expected the company to report a loss of $0.02 per share for the quarter. Revenues decreased to $212.1 million from $288.1 million last year. Analysts expected revenues of $210.34 million.
Is TLAB A Good Buy After The Recent Price Movement? Find Out Here
Northern Tier Energy LP (NYSE:NTI) shares dropped 2.29% to $19.67. Northern Tier Energy LP and its subsidiaries on August 12 reported results for the second quarter ending June 30, 2013. Net income was $63.9 million compared to $245.6 million for the second quarter of 2012 and Adjusted EBITDA for the second quarter of 2013 was $85.9 million, a decrease of $160.4 million compared to $246.3 million for the second quarter of 2012.
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Here at Winston 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. We focus on companies that we feel are trading at a discount to the market for various reasons. Enter your email and track our performance! We are sure you won’t sure you won’t be disappointed.
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