Lakeway, TX -- (SBWIRE) -- 02/06/2013 -- 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:-
Matador Resources Co (NYSE:MTDR) says proved oil and natural gas reserves at year-end 2012 totaled 23.8M boe. Proved oil reserves of 10.5M barrels comprised 44% of total proved reserves, vs. 12% a year ago, attributable to its ongoing drilling program in the Eagle Ford shale. Proved natural gas reserves of 80B cu. ft. declined from 170.4B a year ago.
Is MTDR a Buy After The Latest Announcement? Find out Here
CAS Medical Systems Inc (NASDAQ:CASM) moved up over 6% after the company announced results from a key study showing otherwise unrecognized cerebral desaturation events occurred in more than half of post-surgical ICU patients. The study revealed that 53% of the patients studied suffered from low levels of brain oxygen that were otherwise unrecognized by standard monitoring, and of those suffering from the malady, 18% died. CASM - which makes the FORE-SIGHT Absolute Cerebral Oximeter - says the data suggests that there may be an important role for cerebral oximetry monitoring in the ICU.
Is CASM a Buy after the Solid report? Get Special Coverage Here
TiVo Inc. (NASDAQ:TIVO) slid over 2% to $12.81 on news of top customer Virgin Media's M&A talks with Liberty Global, but has since recouped most of its losses. The fact Liberty uses a proprietary DVR solution for its pay-TV networks has some investors on edge. Janney's Tony Wilbe (a long-time TiVo bull) argues a merger shouldn't affect TiVo's existing contract with Virgin, and suggests the company has a good relationship with John Malone. But not everyone is convinced.
How Should Investors Trade TIVO After The Latest Earnings Report? Find Out Here
SUPERVALU INC. (NYSE:SVU) names Sam Duncan as its new CEO to replace Wayne Sears in a move which was signaled by the company about a month ago. Turnaround specialist Duncan will preside over a slimmed-down Supervalue with several of its grocery store chains sold to Cerberus.
How Should Investors Trade SVU After The Latest Earnings Report? Find Out Here
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