Boston, MA -- (SBWIRE) -- 09/03/2013 -- 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: (Magnum Hunter Resources Corp (NYSE:MHR), Hovnanian Enterprises, Inc. (NYSE:HOV), Sonus Networks, Inc.(NASDAQ:SONS), JetBlue Airways Corporation(NASDAQ:JBLU)
Magnum Hunter Resources Corp (NYSE:MHR) shares decreased 2.31% and closed at $4.65. The company on August 26 announced that its Board of Directors has declared a dividend in the form of warrants to purchase shares of the Company's common stock at $8.50 per share. The warrants will be issued on October 15, 2013 to shareholders of record on September 16, 2013. Each shareholder of the Company's common stock will receive one warrant for every ten shares owned as of the record date.
How Should Investors Trade MHR After The Recent Volatility? Get Free Report Here
Hovnanian Enterprises, Inc. (NYSE:HOV) stock declined 1.72% to $5.15. The company will begin trading ex-dividend on August 12, 2013. A cash dividend payment of $0.453125 per share is scheduled to be paid on August 15, 2013. Shareholders who purchased HOV stock prior to the ex-dividend date are eligible for the cash dividend payment.
Additionally, the company will release its third quarter results for the period ended July 31, 2013 in the morning of Monday, September 9, 2013. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Monday, September 9, 2013.
How Should Investors Trade HOV After The Recent Volatility? Get Free Report Here
Sonus Networks, Inc.(NASDAQ:SONS) shares closed at $3.45. The company on August 26 announced that as part of the Company's previously announced stock buyback program, it has agreed to repurchase approximately 3.1 million shares of the Company's common stock in a privately negotiated transaction with Empire Capital Management, L.L.C. ("Empire") at $3.50 per share, the market closing price on August 23, 2013, for a total purchase price of approximately $11 million. The Company will pay for the share repurchase using cash on hand.
Is SONS A Good Buy After The Recent Price Movement? Find Out Here
JetBlue Airways Corporation(NASDAQ:JBLU) shares decreased 0.65% to $6.15. The company on August 29 announces the appointment of Marisa Von Wieding to the position of Vice President, System Operations Control. In this role, Ms. Von Wieding is responsible for the airline's operations of 850 daily flights in 79 locations throughout the Americas, including Dispatch, Air Traffic Management, Crew Services and Emergency Response and Care. Ms. Von Wieding is promoted from her role of Director, JFK Operations and Customer Service, and reports to Alex Battaglia, Senior Vice President, Airports and System Operations.
Is JBLU A Strong Buy? Get Advantage Of Our Free Trend Analysis 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.
http://winstonsmallcap.com/and its owners, and their affiliates, directors and officers, and immediate family members, are hereafter collectively referred to as “WSC” or “we” or “us” or “our”). WSC publishes information (the “Information”) about publicly traded companies (the “Profiled Company” or the “Profiled Companies”) which has been obtained from various sources including publicly available sources on the internet. WSC does not undertake any due diligence or investigation of the Information it obtains or publishes.
Read Full Disclaimer at: http://winstonsmallcap.com/disclaimer
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)