To get free alerts on Top Stocks, subscribe to Stock Markets Alerts by visiting: http://www.pennystockpickreport.com/
Jackson Hewitt Tax Service Inc. (NYSE:JTX) surged 18.16% to $4.88 on 3.26 million shares after the company reported financial results for the second quarter of fiscal 2010. Jackson Hewitt reported a net loss of $19.5 million, or $0.68 per basic and diluted share, versus a net loss of $22.2 million in the second quarter of fiscal 2009, or $0.78 per basic and diluted share. On an adjusted basis, Jackson Hewitt's net loss in the 2010 second quarter was $18.9 million, or $0.66 per basic and diluted share, versus an adjusted net loss of $20.4 million, or $0.72 per basic and diluted share, in the year ago quarter.
Valassis Communications, Inc. (NYSE:VCI) soared 19.44% to $19.48 on 2.39 million shares after Valassis Communications, Inc. announced that for fiscal 2010, it expects adjusted EBITDA of approximately $280 million and diluted cash earnings per share (EPS) of $2.48. According to Reuters Estimates, analysts are expecting the Company to report EPS of $1.61, EBITDA of $250 million for the same period.
Borders Group, Inc. (NYSE:
ABOUT PennyStockPickReport.com
Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.