Lakeway, TX -- (SBWIRE) -- 03/05/2013 -- 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:-
PositiveID Corporation (OTC:PSID) shares fell 4.04% and closed at $0.0190. The company, on Feb. 20, announced it has entered into an agreement to license its iglucose™ technology to Smart Glucose Meter Corp. ("SGMC") for up to $2 million based on potential future revenues of glucose test strips sold by SGMC. These revenues will range between $0.0025 and $0.005 per strip. A person with diabetes who tests three times per day will use over 1,000 strips per year.
How Should Investors Trade PSID After The Recent Movement? Find Out Here
Titan International Inc (NYSE:TWI) stock declined 4.94% to $20.59 after the company yesterday announced an update on the status of the Steelworkers Union vote. Due to weather and schedules, the Steelworkers have changed the day to vote on the proposed contract to March 15, 2013. They have scheduled informational meetings next week at two of the plants with the third plant having meetings the following week. Voting will be on March 15, which is an update from the previous date of March 4, 2013.
Additionally, the company, on Feb. 25, reported fourth-quarter net loss of $3.5 million or $0.07 per share, compared to net income of $14.5 million or $0.29 per share in the year-ago period. Adjusted net income for the fourth quarter was $4.1 million or $0.09 per share. Sales rose to $493.64 million from $402.92 million in the prior year quarter. Analysts expected the company to earn $0.47 per share on revenue of $560.08 million.
Is TWI Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
LIN TV Corp (NYSE:TVL) shares fell 4.90% to $10.86. The company, on Feb. 28, posted a fourth quarter net loss of $58.16 million or $1.09 per shar, as compared to a profit of $43.01 million or $0.75 per share last year. Analysts expected earnings of $0.60 per share for the quarter. Net revenues increased 76 percent to $196.2 million from $111.5 million in the previous year. Analysts expected revenues of $192.29 million.
Is TVL a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Paramount Gold and Silver Corp. (NYSEAMEX:PZG) shares decreased 4.85% and closed at $1.96 in the last trading session. The company, on Feb. 28, announced the results of a Preliminary Economic Assessment ("PEA") for its 100%-owned San Miguel gold and silver project located in Chihuahua State, Mexico. The PEA was prepared by Metal Mining Consultants ("MMC") of Denver, Colorado incorporating a resource model developed by Mine Development Associates ("MDA") of Reno, Nevada.
How Should Investors Trade PZG After The Latest Earnings Report? Find Out Here
Best Damn Penny Stocks’ team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.
The assembled information disseminated by Bestdamnpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Bestdamnpennystocks.com does expect that investors will buy and sell securities based on information assembled and presented in Bestdamnpennystocks.com. PLEASE always do your own due diligence, and consult your financial advisor.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)