Lakeway, TX -- (SBWIRE) -- 03/06/2013 -- 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:-
Xylem Inc (NYSE:XYL) shares jumped 3.49% and closed at $28.45 in the last trading session. The company, on Mar. 1, announced that it has acquired MultiTrode Pty Ltd, a privately held Australia-based water and wastewater technology and services company, for approximately $26 million. The actual terms of the transaction were not disclosed.
How Should Investors Trade XYL After The Recent Movement? Find Out Here
Vornado Realty Trust (NYSE:VNO) shares gained 3.38% to $84.11 after VNO’s stock was upgraded by research analysts at ISI Group from a “cautious” rating to a “neutral” rating in a report released on Mar. 4.
Additionally, the company posted its quarterly earnings results on February 27. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. The company had revenue of $697.65 million for the quarter, compared to the consensus estimate of $623.31 million.
Is VNO Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Big Lots, Inc. (NYSE:BIG) shares climbed 3.35% and closed at $33.89. The company will report fourth quarter fiscal 2012 results on Wednesday, March 6, 2013 and host a conference call live at 8:00 a.m. Eastern Time. The company is a North America's closeout retailer. At January 28, 2012, the Company operated a total of 1,533 stores in two countries: the United States and Canada.
Is BIG a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Eagle Materials, Inc. (NYSE:EXP) shares gained 3.31% to $69.67. The Board of Directors of Eagle Materials, on Feb. 28, has declared a quarterly cash dividend of $0.10 per share, payable on May 3, 2013, to stockholders of record of its Common Stock at the close of business on April 8, 2013.
Additionally, the company, on Feb. 6, posted third-quarter net earnings of $17.98 million or $0.37 per share, compared with $2.90 million or $0.07 per share in the year-ago quarter. Adjusted earnings for the latest quarter were $0.43 per share, up from $0.20 per share. Analysts expected the company to report earnings of $0.44 per share. Quarterly revenues rose 33% to $164.74 million from $123.60 million in the comparable quarter last year, while analysts expected revenues of $154.78 million for the quarter.
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