PennyStockNewsLetter.info: Caterpillar (NYSE:CAT) DOMTAR (NYSE:UFS) and Las Vegas Sands (NYSE:LVS) Most Active
NEW YORK, NY -- www.PennyStockNewsletter.info is pleased to alert investors of stocks on the move.
Caterpillar Inc. (NYSE:CAT) jumped up 6.14% in yesterdays trading to close at $47.89 after the company reaffirms its FY 2009 Guidance. In the late trading session the stock had hit a high of $47.95 and low of $45.35. A total of 25.30 million shares were traded, higher than its total daily average volume of 14.78 million shares. Today, before the opening bell, Caterpillar Inc. reaffirmed its fiscal 2009 guidance and expects sales and revenue to be in the range of $32-$36 billion and profit to be in the range of $0.40-$1.50 per share including redundancy costs of about $0.75 per share. Excluding redundancy costs, it expects profit to be between $1.15 and $2.25 per share (EPS). According to Reuters Estimates, analysts are expecting the Company to report EPS of $1.47 on revenues of $33 billion for fiscal 2009.
Las Vegas Sands Corp. (NYSE:LVS) was one of the top active stocks. The stock opened on a slightly positive note but surged to day’s high of $11.33 in the late afternoon In today’s trade the stock surged 8.45% and closed at $10.91 with a total of 60.44 million shares were being traded. During the day, the stock moved in a range of $10.10-$11.33. Yesterday, Las Vegas Sands posted that its Board of Directors stated a quarterly dividend payment of $2.50 per share on the company’s Cumulative Perpetual Preferred Stock.
Domtar Corp. (USA) (NYSE:UFS) was another stock which jumped up 25.93% on huge volume of 3.26 million shares and closed at $24.90. Domtar Corporation (NYSE/TSX: UFS) today, in its preliminary second quarter 2009 financial results, it reported net earnings of $48 million ($1.12 per share) for the second quarter of 2009 compared to a net loss of $45 million ($1.05 per share) for the first quarter of 2009 and net earnings of $24 million ($0.56 per share) for the second quarter of 2008. Sales for the second quarter of 2009 amounted to $1.3 billion. Excluding items (1) listed below, the Company lost $33 million ($0.76 per share(1)) for the second quarter of 2009 compared to a loss of $38 million ($0.88 per share(1)) for the first quarter of 2009 and earnings of $32 million ($0.74 per share(1)) for the second quarter of 2008.
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