Lakeway, TX -- (SBWIRE) -- 02/26/2013 -- 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:-
Hartford Financial Services Group Inc (NYSE:HIG) shares fell 4.32% and closed at $23.05 in the last trading session. The company, on Feb. 5, announced that its outlook for fiscal 2013 core earnings is $1.375 billion to $1.475 billion, which includes the impact of lower investment yields and the $260 million to $280 million decline in Talcott Resolutions earnings due to the continued shrinkage of the VA books and the sale of Individual Life and retirement plans. For the first quarter of 2013, the Company announced that its outlook is for core earnings of $0.75 to $0.80 per diluted share (EPS), including budgeted CATs of $57 million after-tax. Analysts on an average are expecting the Company to report EPS of $0.80 for the first quarter of 2013.
How Should Investors Trade HIG After The Recent Movement? Find Out Here
RF Micro Devices, Inc. (NASDAQ:RFMD) stock dropped 4.30% to $4.40. RFMD’s stock was downgraded by Raymond James to a “market perform” rating in a research note issued on Feb. 21.
Additionally, the company yesterday announced the addition of multiple new products to RFMD's industry-leading portfolio of envelope tracking (ET) power management and power amplifier (PA) solutions.
Is RFMD Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
KB Home (NYSE:KBH) shares dropped 4.30% and closed at $17.14. The company, on Feb. 19, announced it has acquired 34 acres of land along the IH-35 corridor northeast of San Antonio in Live Oak, Texas.
Additionally, the company recently announced that James Harrison has been named president of its Houston division. In this role, Harrison is responsible for all of the Company's homebuilding operations throughout Houston, from land acquisition and construction to sales and customer service.
Is KBH a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Western Potash Corp. (TSE:WPX) shares jumped 1.10% to $0.460. The company, on Feb. 5, announced that the Saskatchewan Ministry of Environment (the “MOE”) has initiated the 30 day public review phase on the Environmental Impact Statement (“EIS”) for the proposed Milestone Solution Potash Mine (the “Milestone Project”). A draft EIS was submitted to the MOE on August 31, 2012 and is the culmination of over two years of environmental data collection, analysis and reporting. Following a review by Government technical reviewers, Western Potash finalized the EIS and submitted it to the MOE in late January 2013.
How Should Investors Trade WPX After The Latest Earnings Report? Find Out Here
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