Lakeway, TX -- (SBWIRE) -- 02/08/2013 -- 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:-
CIGNA Corporation (NYSE:CI) went up 2.82% and closed at $61.35. The Company announced a definitive agreement with Berkshire Hathaway Life Insurance Company of Nebraska. Under the terms, Berkshire will reinsure Cigna's Run-off Guaranteed Minimum Death Benefits and Guaranteed Minimum Income Benefits businesses effective February 4, 2013. Cigna will fund this transaction with an incremental $100 million of parent company cash, approximately $1.8 billion of investment assets.
Is FBR after A Solid Pop Up? Find Out Here
Tellabs, Inc. (NASDAQ:TLAB) moved up 2.79% and closed at $2.21. Law Offices of Howard G. Smith announces that a class action lawsuit has been filed in the United States District Court for the Northern District of Illinois on behalf of a class composed of all purchasers of the securities of Tellabs, Inc. between October 26, 2010 and April 26, 2011.
Will MAS Continue To Trend Higher After The Recent Gain? Find Out Here
Boyd Gaming Corporation (NYSE:BYD) surged up 2.75% and closed at $7.10. The Kansas Star Casino was not included in layoffs by Boyd Gaming Corp. Boyd Gaming Corporation is a multi-jurisdictional gaming company. The Company is an operator of 16 wholly owned gaming entertainment properties and one controlling interest in a limited liability company.
Is JCI a Buy Opportunity After The Recent Slump? Find Out Here
Tesoro Corporation (NYSE:TSO) escalated 2.72% and closed at $52.55. The Company reported fourth quarter 2012 net income of $27 million or $0.19 per diluted share compared to net loss of $124 million or $0.89 per diluted share in the fourth quarter of 2011. The retail fuel sales volumes in the fourth quarter were up 20% year-over-year.
Is IBN Still a Buy After The Recent momentum? Find Out Here
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