Lakeway, TX -- (SBWIRE) -- 02/22/2013 -- 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:-
Tidbits from Procter & Gamble's (PG -0.6%) presentation at the Consumer Analyst Group of New York Conference: 1) The FY13 "All-In" sales growth projection of 1%-2% includes an organic sales growth expectation of 3% to 4% and a -2% impact from foreign exchange. 2) The company sees FY13 share repurchases of between $5B-$6B and paying out more than $6B in dividends. 3) Naturally, China and India are a focus. Increased distribution in those regions has improved household penetration, according to execs. 4) The company will stay full-speed ahead, anticipating no pullback in marketing spending for emerging markets.
Is PG a Buy After The Latest Announcement? Find out Here
Zale's (ZLC +6.6%) FQ2: The company backs its previous forecast that it will return to profitability for FY13 after its holiday season came in stronger than expected. Same-store sales were up 2.8% during the period. On the earnings call (webcast, slides), execs note the retailer boosted profitability by lowering interest expenses. For the current month, they warn February sales started off slowly before picking up around Valentine's day.
Is ZLC a Buy after the Solid report? Get Special Coverage Here
The EU approves Alexza Pharmaceuticals' (ALXA +2.2%) Adasuve, a treatment for the rapid control of mild-to-moderate agitation in adult patients with schizophrenia or bipolar disorder. The authorization adds to FDA backing. Alexza plans to launch Adasuve in the U.S. and EU in Q3.
How Should Investors Trade ALXA After The Latest Earnings Report? Find Out Here
WellPoint (WLP) declares dividend of $0.375/share for Q1, up 30% and representing an annualized dividend of $1.50. The payout equates to a yield of 2.4% based on yesterday's close of $62.58. Payable on March 25 to shareholders of record on March 8. WellPoint continues to expect that it will return $2B to shareholders in 2013 via stock buybacks and dividends.
How Should Investors Trade WLP After The Latest Earnings Report? Find Out Here
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