NEW YORK, April 24, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Metlife Inc, RadioShack Corporation, Wal-Mart Stores.
SUPERVALU INC. (NYSE:SVU) shares soared 7.20% to $5.74. The company, on April 24, reported fourth quarter fiscal 2013 net sales of $3.89 billion and a net loss of $1.41 billion, or $6.65 per diluted share. Net loss from continuing operations for the fourth quarter of fiscal 2013 was $179 million, or $0.85 per diluted share, and included $149 million in after-tax charges, or $0.71 per diluted share, primarily related to non-cash asset impairment charges and employee severance.
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Additionally, SVU‘s stock had its “buy” rating restated by analysts at Cantor Fitzgerald in a research report issued to clients and investors on April 23. They currently have a $7.00 price target on the stock.
Broadcom Corporation(NASDAQ:BRCM) shares jumped 5.18% to $34.66. The company on April 23 reported unaudited financial results for its first quarter ended March 31, 2013. Net revenue for the first quarter of 2013
was $2.01 billion. This represents a decrease of 3.6% compared with the $2.08 billion reported for the fourth quarter of 2012 and an increase of 9.7% compared with the $1.83 billion reported for the first quarter of 2012.
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Net income computed in accordance with U.S. generally accepted accounting principles (GAAP) for the first quarter of 2013 was $191 million, or $.33 per share (diluted), compared with GAAP net income of $251
million, or $.43 per share (diluted), for the fourth quarter of 2012 and GAAP net income of $88 million, or $.15 per share (diluted), for the first quarter of 2012.
Apple Inc.(NASDAQ:AAPL) shares declined 0.76% to $403.20. The company on April 23 delivered financial results that topped Wall Street expectations once again.
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Revenue for the company’s second quarter topped US$43.6-billion, an increase of 11% over the US$39.2-billion the company generated in the same quarter a year ago. But net income fell to US$9.5-billion, down 18% from US$11.6-billion in the second quarter last year.
The company also raised its quarterly dividend 15% to US$3.05 a share, from US$2.65, and boosted its share-repurchase program to US$60-billion from US$10-billion.
Ford Motor Company (NYSE:F) shares fell 0.30% to $13.34. The company on April 24 reported a 15% increase in its first-quarter profit as a record financial performance in the company's North American division offset
softness in other regions around the world.
Net income for the quarter was $1.61 billion, or 40 cents a share, compared with $1.4 billion, or 35 cents a share in the first quarter of 2012. Excluding one-time items, the company generated 41 cents a share, beating analyst estimates of 37 cents a share. Revenue rose to $35.8 billion.
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Additionally, The Board of Directors of the Ford Motor Company on April 12 declared a second quarter dividend of $0.10 per share on the company's outstanding Class B and common stock. This is the same level of dividend paid in the first quarter of 2013, and double the amount paid in the same quarter last year. The second quarter dividend is payable on June 3, 2013 to shareholders of record on May 3, 2013.
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