Stocks In News (BP, CROX, CPY) : by Penny Stock Pick Report

BP plc (ADR) (NYSE:BP) went up by 0.08 to $38.10.

The Company announced that they would delay its third-quarter results by one week. BP Plc released a report on Gulf oil spill earlier this week. The report reflected companies working on the well also contributed to the accident. On the same day, Fitch raised its credit rating on BP.

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BP plc is an international oil and gas company. The Company operates in more than 80 countries, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products. There are two business segments Exploration and Production, and Refining and Marketing.

Crocs, Inc (NASDAQ:CROX) plunged 9.97% to $10.47 on a traded volume of 12.68 million shares.

The Company has come up with the reaffirmation of third quarter of 2010 guidance. Management expects revenue to be approximately $205 million and diluted earnings per share (EPS) to be in the range $0.22 to $0.24. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.24 on revenue of $206 million for the third quarter of 2010.

Crocs, Inc is a designer, manufacturer, distributor, worldwide marketer and brand manager of footwear for men, women, and children. The Company designs and sells footwear, apparel, gear and accessories. The Crocs footwear products are divided into four categories: Core, Active, Casual and Style.

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CPI Corp (NYSE:CPY) moved down 0.91% to $21.88.

The Company has extended its Master Lease with Walmart till January 31, 2016. Renato Cataldo, CEO and President of CPI was pleased to extend the agreement and expects to generate substantial growth, as the Company would roll out new photography products and services that expand and deepen relationships with Wal-Mart’s customer base.

CPI Corp deals in the professional portrait photography of young children, individuals and families. It has 2,935 studios throughout the United States, Canada, Mexico and Puerto Rico as of February 6, 2010. The Company provides professional portrait photography for Sears’ customers.

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