Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- 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:-
JetBlue Airways Corporation (NASDAQ:JBLU) shares climbed 1.65% to $6.15. The company last week announced that it has signed a letter of intent with Airbus to acquire 110 ship-sets of retrofit Sharklets for the airline's in-service A320 aircraft. Deliveries are scheduled to start in 2014. Just last week, JetBlue Airways unveiled the first of its A320 aircraft to be outfitted with Sharklets.
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AmerisourceBergen Corp. (NYSE:ABC) shares gained 1.65% to $47.98. At the AmerisourceBergen Corporation annual meeting of stockholders, held today in Naples, Company stockholders elected eight directors to serve for a one-year term: Steven H. Collis, Douglas R. Conant, Richard W. Gochnauer, Richard C. Gozon, Edward E. Hagenlocker, Kathleen W. Hyle, Michael J. Long, and Henry W. McGee. In addition, stockholders also ratified the appointment of Ernst & Young as the Company's independent registered public accounting firm for fiscal year 2013. The Company also announced the results of an advisory vote in which stockholders approved the compensation of the Company's named executive officers as disclosed in the Company's 2013 proxy statement.
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Procera Networks, Inc. (NASDAQ:PKT) shares increased 1.62% to $11.89. The company reported last week fourth quarter non-GAAP net income of $0.12 per share, down from $0.15 per share last year. The consensus estimate was for EPS of $0.14.
Additionally, the company also announced an initial multi-year contract from Orange Switzerland. The initial order is to provide Procera's Intelligent Policy Enforcement solutions, specifically the PL8820, PacketLogic Intelligence Center and the PacketLogic Subscriber Manager, for deployment throughout Orange's network as a replacement for an existing solution.
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Louisiana-Pacific Corporation (NYSE:LPX) shares jumped 1.62% and closed at $21.31. Deutsche Bank reiterated its Hold rating on Louisiana-Pacific Corporation and raised its price target from $18.00 to $20.00 on Feb. 13.
Additionally, the company reported total sales for the fourth quarter of $459 million, 47% higher than the year ago quarter, and total sales for the year were $1.7 billion, 27% higher than the previous year. Adjusted EBITDA from continuing operations for the fourth quarter was $71 million compared to a loss of $12 million in the fourth quarter of 2011. For the year, EBITDA from continuing operations was $203 million compared to a loss of $5 million the previous year.
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