KB Home (NYSE:KBH) soared 6.91% to $15.32 on unusual volumes. The company
posted a quarterly profit without the benefit of tax gains for the first time in
almost four years, boosted by higher margins and cost cutting. Net income of the
company was $17.4 million, or 23 cents per share, for the fourth quarter, ended
November 30. Analysts average forecast was 17 cents a share, according to
Thomson Reuters. Borders Group, Inc. (NYSE:BGP) jumped 8% to $0.930 on more than
its daily average volume after The Wall Street Journal said the struggling
bookstore operator has been in talks with advisers to rework its debt load. The
paper also cited people familiar with the situation as saying that the company
isn't contemplating a bankruptcy filing at this time. The stock opened at
$0.98 and is trading within the range of $0.88-$0.98. Ivanhoe Energy Inc. (USA)
(NASDAQ:IVAN) rose 3.60% to $3.03 on high volumes. The stock has a 52-week range
of $1.46-$3.89. The stock has average daily volume of 1.24 million shares. At
current market price, the market capitalization of the company stands at $1.01
billion. Oilsands Quest Inc. (AMEX:BQI) rallied 8.42% to $0.483 on unusual
volumes. Over the past five trading sessions, the stock jumped more than 14%.
Disclaimer: The assembled information distributed by epicstockpicks.com is for
information purposes only, and is neither a solicitation to buy nor an offer to
sell securities. Epicstockpicks.com does expect that investors will buy and sell
securities based on information assembled and presented herein.
EpicStockPicks.com will not be responsible in any way for or accept any
liability for any losses arising from an investor's reliance on or use of
information obtained from our website or emails. PLEASE always do your own due
diligence, and consult your financial advisor.
No comments:
Post a Comment