Boston, MA -- (SBWIRE) -- 08/16/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Tesoro Corporation(NYSE:TSO), New York Community Bancorp, Inc. (NYSE:NYCB), Interpublic Group of Companies Inc(NYSE:IPG), SunPower Corporation (NASDAQ:SPWR)
Tesoro Corporation(NYSE:TSO) shares fell 3.58% to $49.34 in the previous trading session. The company on August 1 reported second quarter 2013 net income from continuing operations of $238 million, or $1.72 per diluted share compared to net income of $363 million, or $2.58 per diluted share for the second quarter of 2012. For the second quarter, the Company recorded segment operating income of $421 million, compared to segment operating income of $682 million in the second quarter of 2012.
How Should Investors Trade TSO After The Recent Volatility? Get Free Report Here
New York Community Bancorp, Inc. (NYSE:NYCB) shares dropped 0.06% and closed at $15.39. The company will begin trading ex-dividend on August 05, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid on August 16, 2013. Shareholders who purchased NYCB stock prior to the ex-dividend date are eligible for the cash dividend payment.
Additionally, the company announced that President and Chief Executive Officer Joseph R. Ficalora will participate in the Raymond James U.S. Bank Conference to be held on Thursday, August 22nd, in Chicago.
How Should Investors Trade NYCB After The Recent Volatility? Get Free Report Here
Interpublic Group of Companies Inc(NYSE:IPG) shares dropped 1.49% to $15.83. The company on August 6 won dismissal of a suit by a former executive demanding $381 million for his alleged role in company’s gains from the sale of Facebook Inc. (FB) stock. New York state Supreme Court Justice Eileen Bransten threw out the suit in a ruling dated Aug. 2 and made public yesterday, saying any oral contract between the executive, Ray Volpe, and Interpublic granting him profits over the sale of the Facebook investment was superseded by Volpe’s final employment agreement.
Is IPG A Good Buy After The Recent Price Movement? Find Out Here
SunPower Corporation (NASDAQ:SPWR) shares declined 5.92% to $20.66. The company on July 31 said it swung to a second-quarter profit as the solar panel maker's gross margins expanded and a sharp decline in operating expenses helped bolster the bottom line.
The company posted a profit of $19.6 million, or 15 cents a share, compared with a prior-year loss of $84.2 million, or 71 cents a share. Adjusted profit rose to 48 cents a share from eight cents. Revenue dropped 3.3% to $576.5 million. Adjusted revenue was roughly flat at $650 million. In May, the company had projected an adjusted profit of five cents to 15 cents on $550 million to $600 million in revenue. Both targets came ahead of analysts' expectations.
Is SPWR A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
Here at Winston we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. We focus on companies that we feel are trading at a discount to the market for various reasons. Enter your email and track our performance! We are sure you won’t be disappointed.
http://winstonsmallcap.com/and its owners, and their affiliates, directors and officers, and immediate family members, are hereafter collectively referred to as “WSC” or “we” or “us” or “our”). WSC publishes information (the “Information”) about publicly traded companies (the “Profiled Company” or the “Profiled Companies”) which has been obtained from various sources including publicly available sources on the internet. WSC does not undertake any due diligence or investigation of the Information it obtains or publishes.
Read Full Disclaimer at: http://winstonsmallcap.com/disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)