Lakeway, TX -- (SBWIRE) -- 03/18/2013 -- 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:-
Navidea Biopharmaceuticals Inc (NYSEAMEX:NAVB) shares gained 3.37% to $2.76. The company, on Mar. 6, announced consolidated results for the fourth quarter of 2012 and for the year ended December 31, 2012. Fourth quarter 2012 operating expenses were $7.0 million compared to $9.0 million for the fourth quarter of 2011. Operating expenses for the year ended December 31, 2012 were $28.1 million compared to $24.7 million for 2011. The company’s loss from operations for the fourth quarter of 2012 was $7.0 million compared to $9.0 million for the fourth quarter of 2011.
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Dendreon Corporation (NASDAQ:DNDN) shares is currently trading at $5.41. The company, on Feb. 25, provided a quarterly loss versus a year-ago profit as revenue fell and restructuring costs weighed on the biotechnology company. The fourth-quarter loss was $38.7 million, or 26 cents per share, compared with a profit of $38.1 million, or 26 cents per share. Quarterly revenue fell to $85.5 million from $202.1 million a year ago.
Additionally, the company announced that management will present at the 25th Annual ROTH Conference in Laguna Niguel, California, on March 18, 2013, at 11:00 a.m. PT.
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TravelCenters of America LLC(NYSEAMEX:TA) shares jumped 13.08% to $8.56 in the early hour after the company today announced financial results for the fourth quarter and year ended December 31, 2012. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.03. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up .0% on a year-over-year basis.
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