March 07, 2013 at 12:33 PM EST
Potential Stock Market Movers with Major News: The Kroger Co (NYSE:KR), J.C. Penney Company (NYSE:JCP)

universalpennystocks.com focus is on Hot Penny Stocks that trade on OTCBB and OTC markets, which are mostly referred to as “penny stocks”. These Penny Stocks could offer the greatest potential return on your short or long term investment. Sign up for our free newsletter before you miss the next alert.

The Kroger Co (NYSE:KR) on Thursday swung to profit in fiscal fourth-quarter as the company booked solid revenue expansion, while also getting benefit from an accounting related credit, an extra week in this period, and the absence of a big pension related charge compared to previous year.

Shares of grocery-store operator hiked 3.9% to settle at $30.49 in recent early trading session as results surpass Wall Street forecasts.

Kroger forecasted EPS in the range of $2.71 to $2.79 for full year, while Thomson Reutersanalyst’ssurvey most recently forecasted $2.64.

J.C. Penney Company, Inc’s (NYSE:JCP) stock hiked 2.3% on Thursday, overturning a 3 day drop that wiped out almost one-fifth of the company’s value.

New York Post published by mention a source that the struggling retailer has fired 1,500 store-level department managers and merchandising positions across its chain, after previous month lowering 300 jobs at its Plano, Texas headquarters.

Want to Learn How to Trade Penny Stocks? Click Here and Join Best Penny Stock Newsletter.

See More Updates on Our Blog: http://universalpennystocks.com/blog/index.php

About Universal Penny Stocks

universalpennystocks.com is an Independent Company, our focus is on small cap stocks that trade on OTCBB and OTC markets, and are mostly referred to as “penny stocks”. These are stocks that normally trade under $5 a share and could offer the greatest potential return on your short or long term investment. You must read our Disclaimer page for more information regarding conflicts of interest and the risks involved.

We try to spot stocks in all types of market conditions. In addition, we provide emerging small cap companies with profiling and investor relations services for compensation. If you believe your company is an emerging company, with a solid product, or a company that offers our members a profitable short or long term opportunity please feel free to send us an e-mail and we’ll review the company and reply to your inquiry promptly. Please provide as much information you believe we’ll need to review your request.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here