Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- 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:-
The Walt Disney Company (NYSE:DIS) shares jumped 1.36% and closed at $55.33 in the last trading session. The annual meeting of shareholders of The Walt Disney, including remarks by management regarding the Company, will be available live via audio webcast at www.disney.com/investors beginning at 9:00 a.m. PST / 12:00 p.m. EST on March 6, 2013. A replay will be provided through March 20, 2013 at 4:00 p.m. PDT.
How Should Investors Trade DIS After The Recent Movement? Find Out Here
KKR Financial Holdings LLC (NYSE:KFN) shares gained 1.35% to $11.24. Thestreet lowered shares of KFN from a buy rating to a hold rating in a report released on Mar. 1.
The company also recently declared a special dividend, which is scheduled for Thursday, March 28th. Stockholders of record on Thursday, March 14th will be given a dividend of $0.05 per share. This represents a yield of 7.45%. The ex-dividend date of this dividend is Tuesday, March 12th.
Is KFN Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Standard Pacific Corp. (NYSE:SPF) shares increased 1.35% to $8.25. The company, on Jan. 31, reported fourth-quarter net income of $286.8 million or $1.22 per share, compared to $8.7 million or $0.04 per share in the comparable quarter last year. Analysts expected the company to earn $0.07 per share for the quarter. Total revenues for the quarter rose to $419.84 million from $293.16 million in the prior-year quarter, while analysts had a consensus revenue estimate of $372.87 million for the quarter.
Additionally, SPF’s stock had its target price boosted by FBR Capital from $8.50 to $9.50 in a research note issued to investors on Feb. 7.
Is SPF a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Smithfield Foods, Inc. (NYSE:SFD) shares climbed 1.35% and closed at $22.54. The company, on Feb. 21, said that the company is well positioned to meet rising demand for ractopamine-free pork, following recent announcements that China and Russia will require third party certification that pork exports are ractopamine-free. Smithfield leads the industry in the production of ractopamine-free pork.
Is SFD a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
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