Dallas, TX -- (SBWIRE) -- 03/11/2013 -- Marketbuzzreport.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:-
Smithfield Foods, Inc. (NYSE:SFD) shares climbed 4.50% to $25.79. The company, on Mar. 7, reported strong fiscal 2013 third quarter results, driven by growth in packaged meats and solid contributions from international operations, as the company continued to execute its plan to transform into a more value-added consumer packaged meats company. Sales for the third quarter of fiscal 2013 were $3.6 billion, up 3%, resulting from higher volumes in all segments. Net income was $81.5 million ($.58 per diluted share) compared to net income of $79.0 million ($.49 per diluted share) last year. After adjusting for Campofrio and early debt extinguishment charges, adjusted EPS in the third quarter of fiscal 2012 was $.69 on a non-GAAP basis.
How Should Investors Trade SFD After The Recent Price movement? Find out Here
Select Comfort Corp. (NASDAQ:SCSS) shares jumped 4.49% to $18.15. The company, on Mar. 4, reported it has experienced below-plan sales since Feb. 1, 2013 and will likely miss its internal goals for the first quarter. The company plans to discuss its outlook for the balance of the year following the release of first-quarter financial results scheduled for April 17, 2013. The company does not provide quarterly financial guidance and does not plan to provide additional commentary regarding first-quarter sales or earnings performance prior to April 17, 2013.
Is SCSS a Strong Buying Opportunity After The Recent Slump? Find out Here
Nielsen Hldg NV (NYSE:NLSN) shares jumped 1.72% and closed at $34.89 in the last trading session. The company, on Mar. 6, announced the launch of a solution that measures the resonance of brand advertising within mobile apps. Nielsen Mobile Brand Effect debuts amid continued adoption of the mobile app environment by both consumers and advertisers. In the past year, the number of U.S. consumers using mobile apps nearly doubled to 101.8 million1 and mobile advertising spending is now estimated at $4 billion annually2.
Is NLSN a Buy After The Latest Price Action? Find Out Here
TE Connectivity Ltd. (NYSE:TEL) shares gained 1.76% to $42.22. The company on Mar. 8, has announced its Rapid Fiber panel product line for data centers. The Rapid Fiber panel is a cabling concept designed to enable speed and flexibility in construction and expansion of data centers, including the many moves, adds and changes they experience. The Rapid Fiber panel helps data center operators and installers deliver superior service with a faster response time, and is ideal for ever-changing network communications infrastructure environments.
Is TEL a Buy After The Latest Price Action? Find Out Here
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