Stamford, CT -- (SBWIRE) -- 09/11/2013 -- High Rising Stocks provides investors with the hottest penny stock alerts on a regular basis. Our Penny Stock Newsletter will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: Midstates Petroleum Company Inc (NYSE:MPO), DiamondRock Hospitality Company (NYSE:DRH), Ambac Financial Group, Inc. (NASDAQ:AMBC), United Online, Inc. (NASDAQ:UNTD)
Midstates Petroleum Company Inc (NYSE:MPO) shares jumped 8.60% to $5.43. The company, on Sept. 11, provided an update on drilling operations including initial test results from the second successful horizontal Wilcox well at South Bearhead Creek in Louisiana and additional information on its third quarter 2013 drilling program and current production rates.
The Company said its current daily production has reached approximately 30,000 net barrels of oil equivalent (Boe) per day compared with 19,634 Boe per day that it averaged in the second quarter of 2013. Production from its Mississippian Lime/Hunton operations is currently at approximately 15,000 Boe per day, up 44% compared with 10,426 Boe per day in the second quarter.
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DiamondRock Hospitality Company (NYSE:DRH) shares climbed 3.60% to $10.35. The company on Sept. 9 announced that its Board of Directors declared a quarterly dividend of $0.085 per share to stockholders of record as of September 30, 2013. The dividend will be paid on October 10, 2013.
Additionally, the company was scheduled to host institutional investors and security analysts at its 2013 Investor Day on Tuesday, September 10, 2013. A webcast and conference call for investors and other interested parties is scheduled for 3:00 p.m. Eastern Time (ET) the same day. Management will discuss the Company's industry outlook and its future growth drivers.
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Ambac Financial Group, Inc. (NASDAQ:AMBC) stock dropped 5.32% to $18.76. The company on August 14 reported second quarter 2013 financial results. For the second quarter of 2013, as compared to the second quarter of 2012, net premiums earned declined $15.3 million from $103 million, accelerated earnings declined $15.8 million from $35.9 million, and normal net premiums earned increased $0.5 million from $67.1 million. For the three months ended June 30, 2012, net premiums earned relating to this obligation were reduced $12.5 million.
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United Online, Inc. (NASDAQ:UNTD) shares is trading at $8.06. UNTD’s stock was downgraded by research analysts at Craig Hallum from a “buy” rating to a “hold” rating in a report released on Sept. 11.
Additionally, the company announced its earnings results on July 31. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $221.70 million for the quarter, compared to the consensus estimate of $228.10 million.
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