Stock Alert :Small Stocks in News (SKH, ISLE, ENER)

Skilled Healthcare Group, Inc. (NYSE:SKH) soared 26% to $3.10 and recovered almost all of its losses over the past couple of trading sessions.

The company said in a press release that settlement discussions continue as court proceedings in California were postponed until Sept. 2.

To Subscribe to daily free stock newsletter visit: http://www.PennyStockMoneyTrain.com

On Friday, the Superior Court of the State of California, County of Humboldt, denied Skilled Healthcare's motion for mistrial or a new trial on grounds of juror misconduct. The Court also granted an order for permanent injunction requiring Skilled Healthcare's California skilled nursing facilities to provide specified nurse staffing levels, comply with specified state and federal laws governing staffing levels and posting requirements, and provide reports and information to a monitor.

Isle of Capri Casinos (NASDAQ:ISLE) shares plunged 11.35% to $7.86 after the company said that it had a loss of $2.66 million, or 8 cents per share in its fiscal first quarter, reversing its profit of $905 thousand, or 3 cents per share, in the prior-year quarter.

Revenue fell to $251.92 million from $257.91 million last year.

Analysts were expecting the company to report earnings of 12 cents per share on revenue of $263.60 million.

Isle of Capri Casinos, Inc. is a developer, owner and operator of branded gaming facilities and related lodging and entertainment facilities in regional markets in the United States and internationally.

Shares of Energy Conversion Devices, Inc. (NASDAQ:ENER) jumped 8% to $4.30 on very high volume after the company posted a narrower than expected loss in the fiscal fourth-quarter.

To Subscribe to daily free stock newsletter visit: http://www.PennyStockMoneyTrain.com

The company said that during the latest quarter its net loss widened to $20.28 million, or $0.48 a share, compared with net loss of $17.57 million or $0.41 a share, in the corresponding quarter last year.

Revenue soared 68% to $86.15 million from $51.42 million.

Analysts were eyieng the company to post a loss of 60 cents per share on revenue of $72.34 million.

Looking the current quarter of fiscal year 2011, the company sees revenues of $63 - $68 millio, lower than the analysts expectations of $80.09 million.

For fiscal 2011, the company anticipate revenues of $280 - $330 million. Analysts currently expect revenues of $333.84 million for the year.

ABOUT http://www.PennyStockMoneyTrain.com
 

The website provides stock market alert to investors seeking information on hot stocks, penny stocks, top gainers and other stocks of the day. We provide daily stock newsletter to help investors stay ahead in the market. To feature your company on our website you can contact us at the email given below.