Stocks Recap: Infosys Ltd, Medivation Inc, USG Corporation, Sinclair Broadcast Group, Exelis Inc

Lakeway, NY -- (SBWIRE) -- 03/12/2013 -- 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:-

Infosys Ltd ADR (NYSE:INFY) decreased 1.29% and closed at $54.35. - Infosys has expanded its presence in Latin America with a new delivery center for its business process outsourcing subsidiary, Infosys BPO, in San José, Costa Rica. The center's 100+ employees initially will provide key services in the strategic sourcing and procurement area for Procter & Gamble.

How Should Investors Trade INFY After The Recent Price movement? Find out Here

Medivation Inc. (NASDAQ:MDVN) declined 1.29% and closed at $48.36. The company announced that Patrick Machado, chief business and financial officer will present at the Barclays Global Healthcare Conference on March 12 in Miami, FL. Medivation, Inc. is a biopharmaceutical company focused on the rapid development of novel therapies to treat serious diseases for which there are limited treatment options.

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

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) decreased 1.26% and closed at $18.02. Sinclair Broadcast Group, Inc. announced that Terry Gaughan has been named General Manager for WCGV-TV and WVTV-TV in Milwaukee, Wisconsin. The announcement was made by Steve Marks, Chief Operating Officer of Sinclair Television Group.

How Should Investors Trade SBGI After The Recent Price movement? Find out Here

Exelis Inc. (NYSE:XLS) slipped 1.26% and closed at $10.97. ITT Exelis has received a $6.5 million award to supply a radar system to the U.S. Coast Guard. The radar will support the service’s maritime reconnaissance mission. Integrated on the new HC-130J Super Hercules long-range surveillance aircraft, the AN/APY-11 multimode radar is designed to support the Coast Guard’s changing missions.

Exelis Inc. will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.1033 per share is scheduled to be paid on April 01, 2013. This marks the 6th quarter that XLS has paid the same dividend.

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

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