Top Stocks: Halcon Resources Corp, Allegheny Technologies, iStar Financial Inc., Strategic Hotels & Resorts Inc. (NYSE:BEE)

Lakeway, NY -- (SBWIRE) -- 03/08/2013 -- ThePennyStockProfiler.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:-

Halcon Resources Corp (NYSE:HK) shares gained 2.60% to $6.72. The company, on Feb. 28, said it generated revenues of $124.7 million for the quarter ended December 31, 2012, compared to $25.6 million for the quarter ended December 31, 2011. Revenues for the full year 2012 were $247.9 million, compared to $103.7 million for the full year 2011. The company eported adjusted net income of $10.5 million, or $0.02 per diluted share, and a net loss of $4.0 million, or $0.03 per diluted share, for the three months and full year ended December 31, 2012, respectively.

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Allegheny Technologies Incorporated (NYSE:ATI) shares jumped 2.51% and closed at $32.23 in the last trading session. The company will begin trading ex-dividend on March 11, 2013. A cash dividend payment of $0.18 per share is scheduled to be paid on March 27, 2013. Shareholders who purchased ATI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 22nd quarter that ATI has paid the same dividend.

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iStar Financial Inc. (NYSE:SFI) shares jumped 2.49% and closed at $10.72. The company, on Feb. 26, reported results for the fourth quarter and fiscal year ended December 31, 2012. The company reported fourth quarter net income (loss) of ($87.4) million, or ($1.04) per diluted common share, compared to ($35.2) million, or ($0.43) per diluted common share, for the fourth quarter 2011. Adjusted income (loss) for the fourth quarter was ($23.2) million, compared to $18.9 million for the fourth quarter 2011.

Strategic Hotels & Resorts Inc. (NYSE:BEE) shares gained 2.47% to $7.87. BEE’s stock had its target price lifted by JMP Securities from $8.00 to $9.00 in a research note issued to investors last week.

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Additionally, the company, on Feb. 26, reported a fourth-quarter net loss of $36.4 million or $0.18 per share, as compared to $15.9 million or $0.09 per share in the same quarter last year. Comparable funds from operations, or FFO, for the quarter was $12.2 million or $0.06 per share, down from $20.1 million or $0.11 per share a year ago. Analysts expected earnings of $0.05 per share for the quarter. Total revenues rose $224.07 million from $193.91 million in the comparable quarter prior year, while analysts expected revenues of $213.27 million for the quarter.

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