Stocks in News: American Realty Capital Properties, Micron Technology, Genworth Financial, Himax Technologies

Lakeway, NY -- (SBWIRE) -- 03/05/2013 -- ThePennyStockProfiler.com, 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:-

American Realty Capital Properties Inc (NASDAQ:ARCP) shares jumped 1.13% to $13.39. The company, on Feb. 28, announced its operating results for the quarter and year ended December 31, 2012. The company posted fourth quarter revenues of $5.6 million, representing an increase of $0.8 million, or 15.8%, compared to the prior quarter.

Additionally, the company will begin trading ex-dividend on March 06, 2013. A cash dividend payment of $0.075 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased ARCP stock prior to the ex-dividend date are eligible for the cash dividend payment.

Is ARCP a Still a Buy after the Solid momentum? Let’s Find out Here

Micron Technology, Inc. (NASDAQ:MU) shares increased 2.90% to $8.64. Micron Technology and LFoundry, on Feb. 25, announced that the companies have entered into agreements for LFoundry to acquire Micron Technology Italia, Srl. and all of its semiconductor fabrication facility assets in Avezzano, Italy. Under the agreements, Micron will assign to LFoundry its four-year supply agreement with Aptina to manufacture image sensors at the 200 millimeter Avezzano facility.

Additionally, Sanford C. Bernstein reaffirmed their outperform rating on shares of Micron Technology in a report issued on Feb. 19. They currently have a $9.00 target price on the stock.

Is MU a Strong Buying Opportunity After The Recent Slump? Find out Here

Genworth Financial Inc (NYSE:GNW) shares climbed 6.49% to $9.68. The company last week said Chief Financial Officer Martin Klein will take on new duties overseeing units the company has targeted for possible sale. Klein, 53, was given the additional title of executive vice president and will have operational responsibilities for international protection and wealth-management segments.

Should GNW Buy GNW After The Recent Movement? Let’s Find out Here

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) shares climbed 14.53% to $3.94. The company, on Feb. 7, announced that for first quarter of 2013, it expects revenue to decline by high single digit to low teens in percentage, GAAP earnings per share to be between $0.065-$0.075 per diluted ADS and Non-GAAP EPS to be in between $0.07-$0.08 per diluted ADS. Analysts were expecting the Company to report revenue of $177 million and EPS of $0.07 for first quarter of 2013.

Is HIMX a Strong Buying Opportunity After The Recent Slump? Find out Here

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