Lakeway, TX -- (SBWIRE) -- 02/27/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Southern Copper Corp (NYSE:SCCO) shares jumped 3.33% and closed at $37.56 in the last trading session. The company, on Feb. 21, signed a new three-year contract with workers in Peru that boosts salaries and ends the immediate threat of an indefinite strike. Workers had started out asking for a 25 percent raise and improved safety conditions, and went on strike for two days in late December.
How Should Investors Trade SCCO After The Recent Movement? Find Out Here
Silvercorp Metals Inc. (USA) (NYSE:SVM) shares gained 3.30% to $4.07. The company, on Feb. 13, announced that for fiscal 2014, the Company expects to increase ore production to 1.5 million tonnes, and will produce 6.7 million ounces of silver, 20,800 ounces of gold, 104.7 million pounds of lead and zinc, 300,000 pounds of tin and 20.5 million pounds of sulphur.
Is SVM Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Telefonica Brasil SA (ADR) (NYSE:VIV) shares jumped 3.18% and closed at $25.98 in the last trading session after reporting better than expected earnings this week. The company posted earnings before interest, taxes, depreciation and amortization of 3.2 billion reais not including one time items, above analyst estimates for 3 billion reais.
The company also plans to raise capital spending by 11% to 12%, Reuters reported, to boost performance in TV and broadband.
Is VIV a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Zagg Inc (NASDAQ:ZAGG) shares gained 3.17% to $7.48 after the company yesterday announced financial results for the fourth quarter and full year ended December 31, 2012. Net sales for the fourth quarter of 2012 increased 30% to $87.5 million from $67.5 million in the same quarter last year. Net income for the fourth quarter of 2012 was $0.2 million or $0.01 per diluted share as compared to net income of $9.9 million or $0.32 per diluted share in the fourth quarter of 2011.
How Should Investors Trade ZAGG After The Latest Earnings Report? Find Out Here
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