Lakeway, TX -- (SBWIRE) -- 03/08/2013 -- 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:-
H&R Block, Inc.(NYSE:HRB) shares increased 8.73% to $27.19 after the company today said its third quarter loss from continuing operations widened to $17 million or $0.06 per share, versus $4 million or $0.01 per share in the same quarter last year. Adjusted net loss was $60 million or $0.22 per share, as compared to break-even in the prior year. Total revenues for the third quarter fell 29% to $472.0 million from $663.3 million a year ago.
How Should Investors Trade HRB After The Recent Movement? Find Out Here
SunTrust Banks, Inc.(NYSE:STI) shares raised 1.79% to 29.07. The company last month said it will begin trading ex-dividend on February 27, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased STI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that STI has paid the same dividend.
Is STI Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
McDonald's Corporation(NYSE:MCD) shares grew 1.44% to $98.49 in the morning hour after the company today said its global same-store sales fell 1.5% in February as the company faced a tough comparison as the year-earlier period included an extra day due to the leap year. Adjusted same-store sales were up 1.7%. Analysts were expecting a 1.63% decline in global sales at restaurants that have been open at least 13 months.
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The Blackstone Group L.P.(NYSE:BX) shares climbed 0.94% to $19.23. Blackstone Group LP and TPG Capital have placed separate final bids for Australia's largest poultry producer, Inghams Chicken, sources with direct knowledge of the matter told Reuters yesterday. The bids could value the privately owned company at around A$800 million dollars ($821 million), according to sources.
Additionally, the company was scheduled to host its first semi-annual debt investor conference call on Thursday, March 7, 2013. Chief Financial Officer; Kathy Skero, Principal Accounting Officer; and Weston Tucker, Head of Investor Relations, will review Blackstone's 2012 results.
How Should Investors Trade BX After The Latest Earnings Report? Find Out Here
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