Lakeway, TX -- (SBWIRE) -- 03/18/2013 -- 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:-
Host Hotels and Resorts Inc (NYSE:HST) shares fell 1.24% to $17.51. Fitch Ratings, on Feb. 28, has upgraded the credit ratings of HST and its operating partnership.
Additionally, the company, on Feb. 21, said its net income fell to $15 million from last year's $17 million, while earnings per share were flat with last year's $0.02. On a continuing operations basis, earnings dropped from last year. FFO increased to $293 million from last year's $224 million. FFO per share was $0.40, a growth of 29 percent from last year's $0.31. Adjusted FFO grew to $298 million or $0.40 per share. Analysts expected earnings of $0.38 per share for the quarter. Total quarterly revenues grew 7 percent to $1.75 billion from the previous year's $1.63 billion, while 17 analysts estimated revenues of $1.72 billion.
How Should Investors Trade HST After The Recent Movement? Find Out Here
Carnival Corporation(NYSE:CCL) shares dropped 2.06% to $34.23. Deutsche Bank analyst Richard Carter today reiterated a Buy rating on Carnival Corporation, but lowered the price target from $47.00 to $42.00.
Additionally, the company, on Mar. 13, announced non-GAAP net income of $65 million, or $0.08 diluted EPS for the first quarter of 2013. Reported U.S. GAAP net income, which included net unrealized losses on fuel derivatives of $28 million, was $37 million, or $0.05 diluted EPS. Non-GAAP net income for the first quarter of 2012 was $13 million, or $0.02 diluted EPS.
Is CCL Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
The Bank of New York Mellon Corporation (NYSE:BK) shares fell 1.46% to $28.43. The company, on Mar. 18, has announced the launch of BNY Mellon Risk View(SM). A unique and powerful new service, Risk View combines data, visualization technology, and asset-specific expertise in a next-generation tool that can serve as a foundation for enhanced risk management. BNY Mellon Risk View is based on an innovative approach to collecting, normalizing and managing investment data from multiple sources.
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Suncor Energy Inc. (USA)(NYSE:SU) shares declined 1.70% to $30.56. SU‘s stock had its “overweight” rating restated by equities researchers at Barclays Capital in a report issued on Mar. 7. They currently have a $48.00 target price on the stock.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 25th. Shareholders of record on Monday, March 4th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, February 28th.
How Should Investors Trade SU After The Latest Earnings Report? Find Out Here
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