| By PR Newswire | Article Rating: |
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| January 18, 2013 11:22 AM EST | Reads: |
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LONDON, January 18, 2013 /PRNewswire/ --
General Electric Co reported net income which rose 8 percent in the fourth quarter as earnings at all of the conglomerate's industrial segments improved due to growth in emerging markets. GE, based in Fairfield, Conn., reported net income of $4 billion on revenue of $39.3 billion for the quarter. Last year in the same quarter the company earned $3.7 billion on sales of $38 billion. Earnings per share also increased.
AMR Corp (OTC: AAMRQ) seems to have slowed down in terms of price performance and volume over the last few days with the speculation and hype surrounding the company calms somewhat. AMR Corp did announce that they are moving forward with a new look for the brand and are changing their logo for the first time in 40 years. Shares of AAMRQ were flat in early trading on just over $1 million.
Vumee Inc. (OTC: VUME) ticked higher once more on Wall Street today with shares climbing an additional 6% on the OTCQB market. VUME has been steadily trading higher all week after a big surge in shares initially. We will be following the name into next week to see if VUME can build on current prices.
If you are looking to know what's going on with these companies on the OTC and in addition receive weekly picks on stocks that we feature, simply sign up at our website for free.
USA Graphite (OTC: USGT) continued on with high volume right from the opening bell this morning on Wall Street. Shares however were trading flat on Friday in early trading right around 0.85 cents per share.
Zippy Bags (OTC: ZPPB) also traded heavily into Friday as it has done all week, however the price of the stock was lower in trading on the OTC markets. ZPPB was lower by 13% on a quarter million traded in the first half hour on the street today.
Regardless of what's going on in the mainstream we will always keep you updated and look to be value added. We hope you have enjoyed our coverage; we will be back to you tomorrow with our daily look at the OTC markets.
We track the volume and keep in touch with any increasing trends to the upside or downside. We also cover the top stocks on the OTCQB, OTCQX, and the Pink Sheet markets.
Disclosure: Clubpennystocks is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Clubpennystocks is a wholly owned entity of a financial public relations firm. We have not been compensated by any of the companies listed in this news release.
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SOURCE Clubpennystocks.com
Published January 18, 2013 Reads 169
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