Lakeway, TX -- (SBWIRE) -- 02/20/2013 -- 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:-
Intersil Corp (NASDAQ:ISIL) shares jumped 3.78% and closed at $9.07 in the last trading session. The company, on Feb. 19, announced restructuring initiatives designed to prioritize the company's sales and development efforts, strengthen financial performance and improve cash flow. The restructuring plans will be substantially completed during the first quarter of 2013 and are expected to reduce annual operating expenses by approximately $30 million.
Is ISIL after A Solid Pop Up? Find Out Here
Magnum Hunter Resources Corp (NYSE:MHR) shares gained 3.74% and closed at $3.88 in the last trading session. The company, last week, announced an operational update on each of the Company's upstream unconventional resource plays for the fourth quarter of 2012 which includes (i) the Eagle Ford Shale, (ii) the Williston Basin, and (iii) the Appalachia/Marcellus/Utica Shales. Additionally, the Company has also provided an operational update for the Company's midstream division, Eureka Hunter Pipeline, LLC ("Eureka Hunter").
Will MHR Continue To Trend Higher After The Recent Gain? Find Out Here
Netflix, Inc. (NASDAQ:NFLX) shares gained 3.66% to $196.45. Netflix, Inc. and DreamWorks Animation SKG, Inc. (Nasdaq: DWA), on Feb. 12, announced they will create the first ever Netflix Original Series for kids. Based on the highly-anticipated DreamWorks Animation movie Turbo, premiering in theaters this summer, the Netflix series Turbo: F.A.S.T. (Fast Action Stunt Team) debuts exclusively this December in the United States and across the globe in the 40 countries where Netflix offers its service.
Is NFLX a Buy Opportunity After The Recent Slump? Find Out Here
Electronic Arts Inc. (NASDAQ:EA) shares climbed 3.62% and closed at $17.58. Electronic Arts Inc and Zynga Inc have recently agreed to dismiss claims against each other in a case involving alleged copyright violations and employee poaching. Electronic Arts had accused Zynga of copying key elements of its game "The Sims Social" for Zynga's "The Ville." Zynga then countersued to stop what it called Electronic Arts' improper effort to prevent it from hiring that company's employees.
Is EA Still a Buy After The Recent momentum? Find Out Here
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