Boston, MA -- (SBWIRE) -- 08/20/2013 -- 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: (Molycorp Inc(NYSE:MCP), American Realty Capital Properties Inc(NASDAQ:ARCP), Santarus, Inc. (NASDAQ:SNTS), SUPERVALU INC.(NYSE:SVU)
Molycorp Inc(NYSE:MCP) shares increased 2.35% to $6.11. Pomerantz Grossman Hufford Dahlstrom & Gross LLP on August 14 has filed a class action lawsuit against Molycorp, Inc. and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 13 CIV 5697, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired securities of Molycorp between August 2, 2012 and August 7, 2013 both dates.
Additionally, the company on August 8 announced financial and operating results for the second quarter of 2013. The Company reported a net loss of $0.36 per share for the quarter on an adjusted non-GAAP basis. The Company reported consolidated net revenues of $136.9 million during the second quarter of 2013, a 6% decrease over the first quarter of 2013.
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American Realty Capital Properties Inc(NASDAQ:ARCP) shares increased 2.29% to $12.95. The company, on August 6, announced its operating results for the three and six months ended June 30, 2013. For the quarter ended June 30, 2013, revenues were $45.0 million, compared to $40.2 million in the first quarter of 2013, or a quarter-to-quarter increase of over 11.8%. Funds from operations and adjusted funds from operations totaled $13.6 million and $32.8 million for the second quarter of 2013, respectively, compared to $24.4 million and $30.7 million generated in the quarter ended March 31, 2013, respectively.
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Santarus, Inc. (NASDAQ:SNTS) stock decreased 1.79% to $24.20. The company on August 6 reported financial and operating results for the quarter ended June 30, 2013. The company reported total revenues of $89.4 million grew 89% compared with total revenues of $47.2 million in the second quarter of 2012. Non-GAAP adjusted earnings were $24.3 million and diluted non-GAAP adjusted earnings per share (EPS) were $0.31 in the second quarter of 2013 compared with non-GAAP adjusted earnings of $7.1 million and diluted non-GAAP adjusted EPS of $0.10 for the second quarter of 2012. Net income of $73.5 million, or $0.94 diluted EPS.
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SUPERVALU INC.(NYSE:SVU) shares jumped 0.42% to $7.23. The company on July 24 announced that as soon as practicable on or following August 7, 2013 the Company will grant Mr. Bruce Besanko stock options to acquire 225,000 shares of Company common stock with an exercise price equal to the closing price of a share of Company common stock on the New York Stock Exchange on the grant date and 225,000 restricted stock shares of Company common stock.
Additionally, the company on July 18 posted higher first-quarter net earnings of $85 million, or $0.34 a share. Adjusted first-quarter fiscal 2014 net earnings from continuing operations totaled $34 million, or $0.14 a share. Quarterly net sales reached $5.16 billion, compared with $5.24 billion last year. Analysts expected earnings per share of $0.06 on revenues of $5.17 billion for the quarter.
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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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