Lakeway, TX -- (SBWIRE) -- 02/28/2013 -- 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:-
Quiksilver, Inc. (NYSE:ZQK) shares gained 4.55% and closed at $6.21. The company, last week, said its Quiksilver Inc. Chief Operating Officer and Global Brand President Craig Stevenson plans to leave the Huntington Beach-based action sports apparel maker in October. Stevenson will step down at the end of the company's fiscal year ending Oct. 31.
Additionally, the company, last month, announced that its Board of Directors has appointed Andy Mooney as President and Chief Executive Officer, succeeding Quiksilver`s co-founder Bob McKnight, who has been named Executive Chairman. Mooney will also join the Quiksilver Board of Directors. All of these changes will become effective January 11, 2013.
How Should Investors Trade ZQK After The Recent Movement? Find Out Here
STMicroelectronics N.V. (ADR) (NYSE:STM) shares gained 4.52% to $8.09. The company, last week, announced that it has added a standalone 3-axis magnetometer to its MEMS sensor portfolio. The new sensor delivers performance in a very small package. Because of its small size and performance, the sensor is suitable for mobile phones, tablets or personal navigation devices. Magnetometer is also suited to indoor navigation applications where it calculates dead-reckoning when no satellite signal is available.
Is STM Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Sears Holdings Corporation (NASDAQ:SHLD) shares climbed 4.49% and closed at $47.47. The company, on Feb. 25, announced the launch of the VL6180, the first member of ST`s FlightSense family, which uses a new optical-sensing technology that reduces the incidence of dropped calls and enables new user interactions with smartphones. The VL6180 uses a proximity measuring technology to offer unprecedented accuracy and reliability in calculating the distance between the smartphone and the user. Instead of estimating distance by measuring the amount of light reflected back from the object, which is significantly influenced by color and surface, the sensor precisely measures the time the light takes to travel to the nearest object and reflect back to the sensor.
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Bill Barrett Corporation (NYSE:BBG) shares increased 4.48% and closed at $18.18. Stifel Nicolaus maintained Bill Barrett with a Buy rating and lowered the price target from $24.00 to $22.00 on Feb. 22.
Additionally, the company, on Feb. 21, reported fourth-quarter net income of $14.0 million or $0.30 per share, compared to a loss of $37.8 million or $0.81 per share last year. Adjusted earnings for the quarter were $0.20 per share. Total operating and other revenues for the quarter dropped to $179.8 million from $208.5 million last year. Analysts expected earnings of $0.10 per share on revenue of $188.3 million for the quarter.
How Should Investors Trade BBG After The Latest Earnings Report? Find Out Here
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