Boston, MA -- (SBWIRE) -- 08/23/2013 -- 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: (The E.W. Scripps Company (NYSE:SSP), Monster Worldwide, Inc. (NYSE:MWW), JetBlue Airways Corporation(NASDAQ:JBLU), Fusion-IO, Inc.(NYSE:FIO)
The E.W. Scripps Company (NYSE:SSP) shares jumped 5.15% to $15.92. The company on August 5 said its second-quarter earnings fell 41% as the newspaper and television company reported a large drop in revenue from political advertisements because of the off-year for elections. The company reported a profit of $3.2 million, or five cents a share, compared with a year-earlier profit of $5.4 million, or nine cents a share. Revenue fell 4.2% to $207.9 million, with political advertising revenue down $10.4 million. Analysts most recently projected earnings of seven cents a share and revenue of $211 million.
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Monster Worldwide, Inc. (NYSE:MWW) shares dropped 1.36% to $4.36. Monster.com, the flagship brand of Monster Worldwide, Inc. (NYSE: MWW), on August 22 released new data detailing workers' views within sales. The results indicate Sales pros have a generally positive employment outlook with nearly half (42%) of those surveyed feeling confident that they could find a new job if they needed one and 58% of respondents agreeing they would relocate for the right opportunity.
Additionally, Monster.com, the flagship brand of MWW, on August 20 announced that it is co-chairing the Northern Virginia Technology Council (NVTC) Veterans Employment Initiative and powering its online community and job board . The announcement was made during an event today that included remarks by Gov. Bob McDonnell and Sen. Mark Warner.
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JetBlue Airways Corporation(NASDAQ:JBLU) shares increased 1.28% to $6.35. JetBlue Airways, New York's Hometown Airline(TM), and British Airways, on August 15 announced an interline agreement to connect the carriers' networks at New York's John F. Kennedy International Airport (JFK), Boston Logan International Airport (BOS), Orlando International Airport (MCO) and Washington Dulles International Airport (IAD), creating new possibilities for travelers.
Additionally, JBLU announces an exclusive live performance by the critically acclaimed rap group Goodie Mob on Monday, September 9, 2013 at 6 p.m. This exclusive concert marks the first hip hop performance as part of the airline's Live From T5 Concert series.
Is JBLU A Good Buy After The Recent Price Movement? Find Out Here
Fusion-IO, Inc.(NYSE:FIO) shares increased 0.86% to $10.56. The company on August 22 announced that it will be showcasing how its technology accelerates the value of virtualization in integrated solutions from Cisco, Dell, HP, IBM and VMware in booth 1245 and in the Fusion-io Performance Cafe at VMworld® 2013 in San Francisco next week.
Additionally, the company on August 7 said its fourth-quarter loss widened to $23.8 million, or 24 cents per share, in the fourth quarter, from $2.4 million, or 3 cents per share, a year earlier. Excluding items, company posted a loss of 3 cents per share. Analysts had expected a loss of 3 cents per share on revenue of $110.2 million.
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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.
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