Stocks to Track: Invesco Ltd, Superior Energy Services, International Paper Company

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

Invesco Ltd. (NYSE:IVZ) shares gained 3.12% to $26.44. The company announced that it will hold its 2013 Annual General Meeting of Shareholders on Thursday, May 16, 2013 at 1:00 pm (ET) in the Appalachians Room at Invesco's global headquarters located at Two Peachtree Pointe, 1555 Peachtree Street N.E., Atlanta, Georgia. Invesco shareholders of record as of the close of business on March 18, 2013 are entitled to attend the Annual General Meeting and vote their shares.

How Should Investors Trade IVZ After The Recent Movement? Find Out Here

Superior Energy Services, Inc. (NYSE:SPN) shares gained 3.11% to $25.90. The company, on Feb. 26, announced fourth-quarter net income of $76.3 million, or $0.48 per share, up from $19.4 million, or $0.24 per share, for the same quarter of 2011. Non-GAAP adjusted earnings for the quarter were $77.6 million, or $0.49 per share. Meanwhile, revenue for the quarter surged to $1.178 billion from $562.40 million in the year ago quarter. Analysts expected the company to report earnings of $0.48 per share on revenues of $1.15 billion for the fourth-quarter.

Is SPN Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

International Paper Company (NYSE:IP) shares climbed 3.04% and closed at $44.05 IP’s stock had its price target lifted by Raymond James from $11.00 to $13.50 in a research note released on Feb. 27. They currently have an outperform rating on the stock.

Additionally, the company, last week, received the $56.9 million tax break it sought to expand its headquarters in, and renew its commitment to, Memphis.

Is IP a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

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