Stocks Up After Earnings (JOYG, PAY, HOV)
Stock Earnings in Morning session.
(EMAILWIRE.COM, March 03, 2010 ) Dallas, Tx - Joy Global Inc. (NASDAQ:JOYG) jumped 5.60% to $54.38 after its first-quarter net income dropped to 73 cents a share from 83 cents in the year-ago period. The Milwaukee maker of mining equipment's revenue dropped to $729.2 million from $754.9 million. Wall Street analysts expected 64 cents a share on revenue of $661.7 million, according to FactSet. Joy Global also raised the low end of its 2010 earnings target by 20 cents.
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VeriFone Holdings, Inc. (NYSE:PAY) rose 0.50% to $20.74 after it swung to a first-quarter profit of 12 cents a share from a year-earlier loss of $2.16 a share.
Hovnanian Enterprises, Inc. (NYSE:HOV) rose 4.30 to $4.14 after yesterday a first-quarter profit of $236.2 million, or $2.97 per share, from a loss of $178.4 million, or $2.29 per share, in the year-ago period. Revenue declined to $319.6 million from $373.8 million for the same quarter last year.
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VeriFone Holdings, Inc. (NYSE:PAY) rose 0.50% to $20.74 after it swung to a first-quarter profit of 12 cents a share from a year-earlier loss of $2.16 a share.
Hovnanian Enterprises, Inc. (NYSE:HOV) rose 4.30 to $4.14 after yesterday a first-quarter profit of $236.2 million, or $2.97 per share, from a loss of $178.4 million, or $2.29 per share, in the year-ago period. Revenue declined to $319.6 million from $373.8 million for the same quarter last year.
ABOUT http://www.SuperHotPennyStocks.com
Super Hot Penny Stocks alerts its members on daily stock trading so that they can invest wisely. Thousands of investors receive our daily stock alerts and have made huge gains in the penny stocks. You can also take advantage of the information provided, to be really successful in the stock market business. We also track various hot stocks of the day, top gainers,52 week high and much more. You can also feature your web link on our website by contacting us through email.
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Robert
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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