Lakeway, NY -- (SBWIRE) -- 02/27/2013 -- 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:-
Cypress Semiconductor Corporation (NASDAQ:CY) shares increased 2.44% and closed at $10.08 in yesterday’s session. The company, on Feb. 25, announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share payable to holders of record of the Company's common stock at the close of business on March 28, 2013. This dividend will be paid on April 18, 2013.
How Should Investors Trade CY After The Recent Price movement? Find out Here
Fortune Brands Home & Security Inc (NYSE:FBHS) shares jumped 2.42% and closed at $33.90 in the last trading session. FBHS’s stock was upgraded by KeyBanc Capital Mkts from a “hold” rating to a “buy” rating in a research note issued on Feb. 7. The firm currently has a $38.00 price target on the stock.
Additionally, the company announced its earnings results on January 31. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. The company had revenue of $947.90 million for the quarter, compared to the consensus estimate of $929.58 million.
Is FBHS a Strong Buying Opportunity After The Recent Slump? Find out Here
Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) shares gained 2.40% to $12.35. The company, on Feb. 19, reported a fourth-quarter net loss of $24.3 million or $0.14 per share. Adjusted earnings were $28.1 million or $0.16 per share for the latest quarter. Analysts expected the company to report earnings of $0.20 per share for the quarter. Total revenues for the quarter declined to $350.9 million from $388.2 million in the prior year quarter.
Additionally, the company last week also disclosed in a regulatory filing that it plans to consolidate North American site to create a more simplified and efficient organization that is aligned more closely with its business priorities. The Plan includes closure of twelve offices and one warehouse.
How Should Investors Trade MDRX After The Recent Price movement? Find out Here
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