Stamford, CT -- (SBWIRE) -- 09/09/2013 -- High Rising Stocks provides investors with the hottest penny stock alerts on a regular basis. Our Penny Stock Newsletter will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: Expedia Inc(NASDAQ:EXPE), Brocade Communications Systems, Inc.(NASDAQ:BRCD), HollyFrontier Corp(NYSE:HFC), YY Inc (ADR) (NASDAQ:YY)
Expedia Inc(NASDAQ:EXPE) shares increased 3.32% to $51.32. National Purchasing Partners (NPP) and Expedia, Inc.'s (EXPE) namesake brand, Expedia.com, on August 27 agreed to a partnership that offers members exclusive savings over and above Expedia's industry leading prices. The new partnership pairs the nation's top online travel company with the country's fastest growing group purchasing organization (GPO).
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Brocade Communications Systems, Inc.(NASDAQ:BRCD) shares gained 2.35% to $7.62. The company on August 26 announced the company has collaborated with VMware to develop a new management pack that enables enterprises to proactively manage Fibre Channel storage area networks (SANs) operating within highly virtualized environments to lower operational costs and increase application availability.
Additionally, the company on August 13 reported a profit of $118.7 million, or 26 cents a share, up from $43.3 million, or nine cents a share, a year earlier. Adjusted per-share earnings rose to 19 cents from 14 cents. Revenue slid 3.4%, to $536.6 million. In May, Brocade projected an adjusted per-share profit between 11 cents to 13 cents on revenue of $510 million to $530 million.
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HollyFrontier Corp(NYSE:HFC) shares fell 2.54% to $42.58. HFC’s stock was downgraded by equities researchers at Morgan Stanley to an “equal weight” rating in a research report issued on Sept. 9.
The company issued its quarterly earnings data on August 7. The company reported $1.27 EPS for the quarter, missing the consensus estimate of $1.41 by $0.14. The company had revenue of $4.46 billion for the quarter, compared to the consensus estimate of $4.55 billion.
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YY Inc (ADR) (NASDAQ:YY) shares gained 8.64% to $46.60. The company on August 1 announced its unaudited financial results for the second quarter ended June 30, 2013. Second quarter Net revenues increased by 117.8% to RMB409.0 million (US$66.6 million) from RMB187.8 million in the corresponding period of 2012, primarily driven by a 132.0% increase in revenues from internet value-added services, or IVAS, revenues. Net income attributable to YY Inc. increased by 436.7% to RMB92.8 million (US$15.1 million) from RMB17.3 million in the corresponding period of 2012. Non-GAAP net income attributable to YY Inc.  increased by 184.1% to RMB125.1 million (US$20.4 million) from RMB44.0 million in the corresponding period of 2012.
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