Lakeway, NY -- (SBWIRE) -- 03/05/2013 -- ThePennyStockProfiler.com, 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:-
Facebook Inc (NASDAQ:FB) stock jumped 1.30% to $28.08. The company will unveil a new look for its popular "newsfeed" next week, the latest move by the Web company to revamp key elements of its 1 billion member social network. Facebook will showcase the newsfeed makeover at a media event on March 7 at its Menlo Park, California headquarters, the company said in an emailed invitation to reporters last week.
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Merck & Co., Inc. (NYSE:MRK) stock gained 0.23% to $43.44. MRK‘s stock had its “buy” rating restated by equities researchers at TheStreet in a report issued today. Separately, MRK’s stock had its price target lowered by Jefferies Group from $47.00 to $46.00 in a research note released last week. They currently have a hold rating on the stock.
Additionally, the company also recently declared a quarterly dividend, which is scheduled for Friday, April 5. Shareholders of record on Friday, March 15th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 4.05%.
Is MRK a Strong Buying Opportunity After The Recent Gain? Find out Here
EMC Corporation (NYSE:EMC) shares gained 1.51% to $23.57 in the morning hour after the company today announced The Lumby Historical Society in Lumby, B.C., was one of three organizations receiving an EMC Heritage Trust Project grant through the company's Information Heritage Initiative program. The fall cycle of the 2012 grants, totaling $30,000, supports projects that encourage the stewardship of cultural information in local communities.
Is EMC Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here
Lorillard Inc. (NYSE:LO) stock increased 0.29% to $38.31. LO’s stock has been reiterated by TheStreet Ratings as a buy with a ratings score of B- on Mar. 1. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins.
Additionally, the company, last month said it earned $309 million, or 80 cents per share, for the period ended Dec. 31, from $310 million, or 77 cents per share, a year ago. Adjusted earnings were 79 cents per share. Analysts expected 75 cents per share. Revenue excluding excises taxes rose 7.5% to $1.21 billion. Analysts expected $1.16 billion.
Is LO a Strong Buying Opportunity After The Recent Surge? Get Free Trend Analysis Here
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