Austin, TX -- (SBWIRE) -- 04/29/2013 -- Jackpotpennystocks.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:-
Silver Bay Realty Trust Corp (NYSE:SBY) shares increased 1.57% to $19.41. The company on April 1 announced that it was added to the U.S. small-cap Russell 2000(R) Index, effective March 28, 2013. Membership in the Russell 2000(R), which remains in place for one year, is based on membership in the broad-market Russell 3000(R) Index. The stock also was added systematically to the appropriate growth and value indexes.
Can SBY Continue To Move Higher? Find Out Here
AVG Technologies NV(NYSE:AVG)shares increased 1.57% to $16.18. The company on April 24 reported first-quarter profit of $24.4 million or $0.45 per share, up from $10.9 million or $0.21 per share in the equivalent period last year. Adjusted earnings for the quarter was $31.8 million or $0.58 per share. Analysts expected the company to earn $0.38 per share for the quarter. Revenues increased 26 percent to $104.7 million from $83.0 million last year. Analysts expected revenues of $97.25 million.
Can AVG Extend Gain? Find Out Here
Resource Capital Corp.(NYSE:RSO) shares gained 1.55% to $6.55. The company on April 25 announces the full exercise of the underwriters' option to purchase an additional 2,437,500 shares of common stock in connection with the Company's recently announced public offering, with closing to take place on April 29, 2013.
Additionally, the company announced that it will release its first quarter 2013 operating results on Tuesday, May 07, 2013, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Wednesday, May 08, 2013, at 08:30 a.m. Eastern Time.
How Should Investors Trade RSO Now? Find Out Here
Raytheon Company(NYSE:RTN) shares increased 1.52% and closed at $60.20. The company’s Chief Executive William Swanson on April 25 said he expected top Pentagon leaders to try to protect programs to develop new weapons despite additional budget cuts that took effect on March 1.
Additionally, the company on April 25 said it earned $488 million, or $1.49 per share, in the three months ending March 31, compared with $448 million, or $1.32 per share, in the same quarter a year ago. Adjusted profit came to $1.56 per share. That's above the $1.28 per share Wall Street analysts were expecting. Revenue fell about 1 percent, to $5.88 billion from $5.94 billion. Analysts expected a steeper drop, to $5.69 billion.
How Should Investors Trade RTN Now? Find Out Here
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