Lakeway, TX -- (SBWIRE) -- 02/22/2013 -- 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:-
TreeHouse Foods Inc. (NYSE:THS) increased 10.12% and closed at $58.23. The company reported fourth quarter net income of $25.22 million or $0.68 per share compared to $29.86 million or $0.81 per share last year. Net sales increased to $592.78 million from $535.80 million last year. The analysts polled by Thomson Reuters expected the company to report profit of $0.86 per share for the quarter. Analysts expected revenue of $577.90 million for the quarter.
Is THS after A Solid Pop Up? Find Out Here
Newport Corporation (NASDAQ:NEWP) went up 9.77% and closed at $16.18. The Company reported an operating loss for the fourth quarter of 2012 of $116.3 million. This operating loss was due to a $130.9 million non-cash charge relating to the impairment of goodwill, intangible and other assets associated with the acquisition of Ophir. On a GAAP basis, the company reported a net loss attributable to Newport Corporation for the fourth quarter of 2012 of $112.8 million, or $2.94 per share.
Will NEWP Continue To Trend Higher After The Recent Gain? Find Out Here
RELM Wireless Corporation (NYSEAMEX: RWC) increased 9.72% and closed at $1.92. The Company has been awarded a contract by the State of Maryland for two-way radio equipment. The contract is for a five year term that commenced on January 25, 2013. No maximum procurement is established under the contract, nor does the contract specify or guarantee purchase quantities or dates of equipment orders.
Is RWC a Buy Opportunity After The Recent Slump? Find Out Here
Tanzanian Royalty Exploration Corp. (US) (NYSEAMEX: TRX) moved up 9.65% and closed at $3.41. So far this year, the stock is down over 23%. The 52-week range for the stock is $3.0 and $5.34. Tanzanian Royalty Exploration Corporation is a mineral resource company with exploration-stage properties, which engages in the acquisition of interests in and the exploration of natural resource properties.
Is TRX Still a Buy After The Recent momentum? Find Out Here
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