Stocks to Watch: Tiffany & Co., Onyx Pharmaceuticals, Discover Financial Services, the Boeing Company

Lakeway, TX -- (SBWIRE) -- 03/06/2013 -- 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:-

Tiffany & Co. (NYSE:TIF) shares fell 0.44% and closed at $70.17. Sterne Agee reported on Mar. 4 that it has initiated coverage on jeweler and specialty retailer, Tiffany. The firm has began coverage of TIF with a “Neutral” rating and $68 price target.

Additionally, the Board of Directors of Tiffany & Co. has declared a regular quarterly dividend of $0.32 per share of Common Stock. The dividend will be paid on April 10, 2013 to stockholders of record on March 20, 2013. Future dividends are subject to declaration by the directors. The company operates jewelry stores and manufactures products through its subsidiary corporations.

How Should Investors Trade TIF After The Recent Volatile Moves? Find Out Here

Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX) shares climbed 2.07% and closed at $78.76. Bayer HealthCare and Onyx Pharmaceuticals, on Feb. 25, announced that the U.S. Food and Drug Administration (FDA) approved Bayer's Stivarga (regorafenib) tablets to treat patients with locally advanced, unresectable or metastatic gastrointestinal stromal tumor (GIST) who have been previously treated with imatinib mesylate and sunitinib malate.

Is ONXX Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here

Discover Financial Services (NYSE:DFS) shares jumped 2.06% and closed at $40.58 after thestreet reaffirmed their buy rating on shares of DFS in a research note released last week.

Additionally, the company said it is adding checking accounts to its array of financial-services products as it looks to leverage its national credit-card brand to take on branch banks. The online accounts are expected to help Discover further broaden its base of consumer deposits, which provide a cheap source of funding for its loans.

Can DFS Rebound After The Recent Slump and Investors Can Make Money? Find Out Here

The Boeing Company (NYSE:BA) shares increased 2.04% and closed at $78.66 in yesterday’s session. The company, on Feb. 4, announced that Air China has agreed to buy two Boeing 747-8 Intercontinentals, one 777-300ER and 20 Next-Generation 737-800s. In addition, Air China Cargo, a subsidiary of Air China, has agreed to buy eight 777 Freighters. The airline plans to expand its capacity to meet growing demand in Asia-Pacific and China, the most dynamic market for commercial airplanes.

Is BA Ready To Move Back To New Highs This Year? Find Out Here

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