Stocks Review: Ion Geophysical Corp, McDermott International, Symantec Corporation, Tenaris

Lakeway, TX -- (SBWIRE) -- 02/28/2013 -- vbtrendreport.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:-

Ion Geophysical Corp (NYSE:IO) shares jumped 3.44% and closed at $6.61 in the last trading session. The company, on Feb.1 3, reported fourth-quarter net income of $26.8 million or $0.17 per share, up from $12.0 million or $0.08 per share last year. Fourth-quarter revenues grew 8 percent to $173.1 million from $159.9 million in fourth quarter last year. Analysts expected profit of $0.13 per share on revenues of $167.74 million for the quarter.

How Should Investors Trade IO After The Solid Jump? Let’s Find Out Here

McDermott International (NYSE:MDR) shares gained 3.43% to $12.95. The company announced that it plans to report financial results for the fourth quarter and full year 2012 on Thursday, February 28, 2013, after the close of trading on the New York Stock Exchange. The Company has scheduled a conference call related to its fourth quarter and full year 2012 results on the following morning, Friday, March 1 at 10:00 a.m. (Eastern Standard Time).

Is MDR Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here

Symantec Corporation (NASDAQ:SYMC) shares gained 3.43% to $23.23. The company, last week, announced that they have signed an agreement to collaborate on the development of protected security applications on smartphones and tablets.

Additionally, Broadcom Corporation and Norton(TM) by Symantec, on Feb. 20, announced a partnership to help consumers protect and manage their home networks and all of their Internet-connected devices. Through this partnership, Norton has integrated its industry-leading security technology with Broadcom's BCM4708x series of 5G WiFi (802.11ac) home router platforms to deliver network protection and services to all devices connecting to the Internet in the home.

Is SYMC Buy After The Recent Price Movement? Find Out Here

Tenaris S.A. (ADR) (NYSE:TS) shares climbed 3.43% and closed at $41.95. The company, on Feb. 21, announced that effective as of July 1, 2013, Edgardo Carlos will assume the position of Chief Financial Officer, replacing Ricardo Soler. Additionally, the board of directors proposes, for the approval of the annual general shareholders’ meeting to be held on May 2, 2013, the payment of an annual dividend of USD 0.43 per share for the fiscal year, or approximately USD 507.6 million, which includes the interim dividend of USD 0.13 per share, or approximately USD 153.5 million, paid in November, 2012. If the annual dividend is approved by the shareholders, a dividend of USD 0.30 per share, or approximately USD 354.2 million will be paid on May 23, 2013, with an ex-dividend date of May 20, 2013.

Is TS Buy After The Recent Price Movement? Find Out Here

About vbtrendreport.com
vbtrendreport.com’s 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.

Disclaimer
The assembled information disseminated by vbtrendreport.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. vbtrendreport.com does expect that investors will buy and sell securities based on information assembled and presented in vbtrendreport.com. PLEASE always do your own due diligence, and consult your financial advisor.