Boston, MA -- (SBWIRE) -- 09/04/2013 -- 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: (SUPERVALU INC.(NYSE:SVU), AK Steel Holding Corporation(NYSE:AKS), BioScrip Inc (NASDAQ:BIOS), JetBlue Airways Corporation(NASDAQ:JBLU)
SUPERVALU INC.(NYSE:SVU) shares declined 0.98% to $7.10. The company on July 24 announced that as soon as practicable on or following August 7, 2013 the Company will grant Mr. Bruce Besanko stock options to acquire 225,000 shares of Company common stock with an exercise price equal to the closing price of a share of Company common stock on the New York Stock Exchange on the grant date and 225,000 restricted stock shares of Company common stock.
Additionally, the company on July 18 posted first-quarter net earnings of $85 million, or $0.34 a share. Adjusted first-quarter fiscal 2014 net earnings from continuing operations totaled $34 million, or $0.14 a share. Quarterly net sales were $5.16 billion, compared with $5.24 billion last year. Analysts expected earnings per share of $0.06 on revenues of $5.17 billion for the quarter.
How Should Investors Trade SVU After The Recent Volatility? Get Free Report Here
AK Steel Holding Corporation(NYSE:AKS) shares fell 0.30% to $3.35. AK Steel Holding Corporation (NYSE: AKS) announced on August 29 that its subsidiary, AK Steel Corporation ("AK Steel"), has completed its offer to exchange up to $380.0 million in aggregate principal amount of its 8.750% senior secured notes due 2018, not registered under the Securities Act of 1933, as amended, for an equal aggregate principal amount of its registered 8.750% senior secured notes due 2018.
How Should Investors Trade AKS After The Recent Volatility? Get Free Report Here
BioScrip Inc (NASDAQ:BIOS) shares dropped 6.39% to $11.42. The company announced that the Company will present at the Morgan Stanley Global Healthcare Conference to be held Monday, September 9 - Wednesday, September 11, 2013 at the Grand Hyatt New York.
Additionally, the company, on August 14, announced the upsizing and pricing of the previously announced registered underwritten public offering of its common stock. The size of the offering has been upsized from the previously announced 6,800,000 shares to 6,895,873 shares, all of which will be sold by selling stockholders. BioScrip will not receive any of the proceeds from the initial sale of the shares of common stock or the sale of any additional shares pursuant to the option.
Is BIOS A Good Buy After The Recent Price Movement? Find Out Here
JetBlue Airways Corporation(NASDAQ:JBLU) shares decreased 0.81% to $6.10. LiveTV, a wholly owned subsidiary of JetBlue Airways (Nasdaq: JBLU), on Sept. 3 has received a Supplemental Type Certificate (STC) for Airbus 320 aircraft from the Federal Aviation Administration (FAA) for the first-of-its-kind Ka-band system, a satellite-based inflight connectivity and streaming entertainment solution, paving the road for next generation commercial inflight broadband.
Additionally, 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.
Is JBLU A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
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