US Stocks Up on News (PEI, NSM, ARO, HIBB, CTRN)
Stocks Up on News
(EMAILWIRE.COM, March 13, 2010 ) Dallas, Tx - Pennsylvania R.E.I.T. (NYSE:PEI) surged 5.03% to $12.10 on 2.01 million shares. The company announced that its fourth-quarter net loss attributable to the company was $61.1 million or $1.41 per share, compared to a net loss of $0.7 million or $0.02 per share, for the fourth quarter of 2008.
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National Semiconductor Corporation (NYSE:NSM) added 0.28% to $14.38 on 21.36 million shares after the company posted results and a revenue outlook that beat estimates, as sales to industrial markets and improved corporate spending pushed margins to a record high.
Aeropostale, Inc. (NYSE:ARO) went up 4.18% to $28.18 on 7.15 million shares. The company was today upgraded to Neutral from Underweight with a price target of $31 by Piper Jaffray.
Hibbett Sports, Inc. (NASDAQ:HIBB) gained 1.30% to $25.03. The company today announced results for the fourth quarter and fiscal year ended January 30, 2010. Net income in Fiscal 2010 increased 10.5% to $32.5 million compared with $29.4 million in Fiscal 2009. Earnings per diluted share increased 10.0% to $1.12 compared with $1.02 for the 52-week period ended January 31, 2009.
Citi Trends, Inc. (NASDAQ:CTRN) also went up 2.71% to $30.75. The company today announced that its fourth-quarter net income increased 11.9% to $11.3 million from $10.1 million in last year's fourth quarter. Earnings per share increased to $0.78 from $0.69 in the fourth quarter of 2008. Income from operations increased 18.4% to $16.8 million from $14.2 million in 2008.
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National Semiconductor Corporation (NYSE:NSM) added 0.28% to $14.38 on 21.36 million shares after the company posted results and a revenue outlook that beat estimates, as sales to industrial markets and improved corporate spending pushed margins to a record high.
Aeropostale, Inc. (NYSE:ARO) went up 4.18% to $28.18 on 7.15 million shares. The company was today upgraded to Neutral from Underweight with a price target of $31 by Piper Jaffray.
Hibbett Sports, Inc. (NASDAQ:HIBB) gained 1.30% to $25.03. The company today announced results for the fourth quarter and fiscal year ended January 30, 2010. Net income in Fiscal 2010 increased 10.5% to $32.5 million compared with $29.4 million in Fiscal 2009. Earnings per diluted share increased 10.0% to $1.12 compared with $1.02 for the 52-week period ended January 31, 2009.
Citi Trends, Inc. (NASDAQ:CTRN) also went up 2.71% to $30.75. The company today announced that its fourth-quarter net income increased 11.9% to $11.3 million from $10.1 million in last year's fourth quarter. Earnings per share increased to $0.78 from $0.69 in the fourth quarter of 2008. Income from operations increased 18.4% to $16.8 million from $14.2 million in 2008.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert provides free stock newsletters on various stocks of the day. These alerts help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily stock news. We provide alerts on hot stocks, midcap & smallcap penny stocks, most active stocks and much more. You can become leader in stock market by keeping track of the daily activity.
###
Press release service and press release distribution by EmailWire.Com for public traded companies on NASDAQ, NYSE, AMEX, OTC, TMX, CNSX and Pink Sheets Stock Exchanges - http://www.emailwire.com/press_release_service_otc_pink_sheets.php
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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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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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