Boston, MA -- (SBWIRE) -- 08/16/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Toll Brothers Inc (NYSE:TOL), Ciena Corporation (NASDAQ:CIEN), Masco Corporation (NYSE:MAS), Kodiak Oil & Gas Corp (USA) (NYSE:KOG)
Toll Brothers Inc (NYSE:TOL) shares gained 3.42% to $32.33. The company on August 1 announced that it had finalized a new five-year $1.035 billion bank credit facility. The unsecured facility, which closed on August 1, 2013 and matures in August 2018, replaces the Company's existing $885 million revolving credit facility, which was scheduled to mature in October 2014. The new credit facility has an accordion feature under which it can increase to a maximum of $2.0 billion, subject to certain conditions.
Additionally, the company will broadcast live on its website, www.tollbrothers.com, a conference call to discuss its third quarter 2013 earnings results. The event is scheduled for 2:00 P.M. (EDT) on Wednesday, August 21, 2013.
Is TOL A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
Ciena Corporation (NASDAQ:CIEN) stock declined 5.65% to $21.22. The company, on August 7, announced the appointment of Hector Silva to the position of Chief Technology Officer / Strategic Sales Leader for the Caribbean and Latin American (CALA) region. The appointment follows Ciena's continued growth in key CALA markets and further underscores the company's commitment to the region.
Is CIEN A Good Buy After The Recent Price Movement? Find Out Here
Masco Corporation (NYSE:MAS) shares jumped 0.10% to $19.08 in the last trading session. MAS’s stock had its price target increased by JPMorgan Cazenove from $18.00 to $20.00 in a research report sent to investors on August 1. The firm currently has an underweight rating on the stock.
Additionally, the company released its earnings data on July 29. The company reported $0.23 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.03. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.10 billion.
How Should Investors Trade MAS After The Recent Volatility? Get Free Report Here
Kodiak Oil & Gas Corp (USA) (NYSE:KOG) shares increased 3.19% to $9.71. The company on August 5 reported financial results for the second quarter ended June 30, 2013. For the second quarter-ended June 30, 2013, the Company reported oil and gas sales of $173.5 million, as compared to $85.8 million during the same period in 2012 and $165.1 million in the first quarter 2013. For the second quarter 2013, the Company reported net income of $44.3 million, or $0.17 per diluted share, compared to net income of $93.1 million, or $0.35 per diluted share, for the same period in 2012.
How Should Investors Trade KOG After The Recent Volatility? Get Free Report Here
Here at Winston we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. We focus on companies that we feel are trading at a discount to the market for various reasons. Enter your email and track our performance! We are sure you won’t be disappointed.
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