Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- 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:-
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares gained 0.68% to $14.77. PBR’s stock, on Mar. 1, has been reiterated by TheStreet Ratings as a hold with a ratings score of C . The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels and growth in earnings per share.
Additionally, the company, last week, said that its oil production in Brazil fell to 1.965 million barrels a day equivalent in January, down 3.3 percent from December's average rate. The company said the shutdown of platform SS-11 for maintenance in the Bauna Field was the principal cause of the drop in production, but planned maintenance and operational problems with other platforms also factored into the monthly numbers.
How Should Investors Trade PBR After The Recent Movement? Find Out Here
New Oriental Education & Tech Grp (ADR) (NYSE:EDU) shares jumped 2.04% and closed at $15.51 in the last trading session. The 52 week trading range for the company is $9.41 - $29.19. The company is a provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.
Is EDU Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Dollar Tree, Inc. (NASDAQ:DLTR) stock climbed 2.05% to $46.11. The company last week said it posted a higher quarterly profit in line with its forecast as shoppers spent more when they came into its stores and the chain controlled costs. The company earned $228.6 million, or $1.01 per share, in the fourth quarter ended on February 2, up from $187.9 million, or 80 cents per share, a year earlier. Sales jumped 15.4 percent to $2.25 billion, including a boost of $125 million from an extra week in the quarter.
Is DLTR a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Cerner Corporation (NASDAQ:CERN) shares gained 2.02% to $89.23. The company, on Feb. 25, announced it has reached an agreement to acquire PureWellness , health and wellness company which develops solutions to enable population health, individual engagement and measurable lifestyle improvements. The acquisition is anticipated to close in March 2013.
How Should Investors Trade CERN After The Latest Earnings Report? Find Out Here
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