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Opening Stocks Buzz: Facebook Inc, J.C. Penney Company, Sirius XM Radio, Yahoo! Inc

Thursday, 05 December 2013 10:40 AM

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New York, December 05, 2013 /Accesswire/ - Market Buzz Report, a leading penny stock newsletters provider, issues major news alert for Facebook Inc(NASDAQ:FB), J.C. Penney Company, Inc.(NYSE:JCP), Sirius XM Radio Inc(NASDAQ:SIRI), Yahoo! Inc.(NASDAQ:YHOO).

Facebook Inc(NASDAQ:FB) shares dropped 1.23% to $48.01. Security experts on Dec. 4 have uncovered a trove of some 2 million stolen passwords to websites including Facebook, Google, Twitter and Yahoo from Internet users across the globe. Researchers with Trustwave's SpiderLabs said they discovered the credentials while investigating a server in the Netherlands that cyber criminals use to control a massive network of compromised computers known as the "Pony botnet."

Free Urgent Insider Catalyst Report For FB Available Here:  http://marketbuzzreport.com/index.php?code=FB (Or Copy and paste the URL into your browser)

Additionally, the company announced that Jason Taylor, Director, Infrastructure will participate in the Credit Suisse Technology Conference on Dec. 4.  J.C.

Penney Company, Inc.(NYSE:JCP) shares dropped 0.83% to $9.58 in the pre-market hour. The company on Dec. 3 estimated that its same-store sales climbed 10% during November, while its online sales were well ahead of year-earlier levels and were consistent with the previous month's trend. "We are pleased with our performance over the Thanksgiving holiday weekend, particularly in light of the continued spending pressures on consumers," Chief Executive Myron E. Ullman III said.

Free Urgent Insider Catalyst Report For JCP Available Here:  http://marketbuzzreport.com/index.php?code=JCP (Or Copy and paste the URL into your browser)

Additionally, Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., on Nov. 28 remind investors with large financial interests that they have only until December 2, 2013 to file lead plaintiff applications in securities class action lawsuits against J.C. Penney Company, Inc. (JCP). Investor losses must relate to purchases of the Company's securities during the expanded period between May 16, 2013 and September 26, 2013, inclusive. This action is pending in the United States District Court for the Eastern District of Texas.

Sirius XM Radio Inc(NASDAQ:SIRI) shares dropped 0.54% to $3.70 in the pre-market hour. The company on Dec. 2 announced that Sirius FM-6, the newest addition to its satellite fleet, has been successfully placed in orbit and was declared ready for service. The new satellite, which was manufactured by Space Systems/Loral, is intended to help ensure SiriusXM's array of audio entertainment and data services are received by vehicles, receivers for home and business, as well as mobile devices.  It will play an important role in bolstering the continuity of SiriusXM's service for years to come.

Free Urgent Insider Catalyst Report For SIRI Available Here:  http://marketbuzzreport.com/index.php?code=SIRI (Or Copy and paste the URL into your browser)

Additionally, the company on Dec. 4 announced that legendary entertainer Regis Philbin, host of FOX Sports' "Crowd Goes Wild," will return as the host of SiriusXM's "Bing Crosby Christmas Radio," a limited-run 24/7 holiday channel devoted to the American entertainment icon synonymous with classic holiday entertainment.  

Yahoo! Inc.(NASDAQ:YHOO) shares climbed 0.18% to $38.20 in the pre-market hour. Yahoo Canada on Dec. 3 revealed its ninth annual Year in Review, highlighting the stories, events, and personalities Canadians searched for throughout the year on Yahoo. Based on Yahoo Search data, the much-anticipated top 10 Search lists look back at the news, scandals, trendsetters, and heartbreaks that fascinated Canadians in 2013.

Free Urgent Insider Catalyst Report For YHOO Available Here:  http://marketbuzzreport.com/index.php?code=YHOO (Or Copy and paste the URL into your browser)  

Additionally, the company on Nov. 18 says it plans to sell $1 billion in convertible senior notes in a private placement and will use the money to buy back shares and for other purposes. The Sunnyvale, Calif., company said Tuesday that it added $5 billion to its stock buyback program. Yahoo had spent $3.1 billion buying back 123 million shares in the first nine months of this year. Companies sell stock in an effort to boost the value of their remaining shares.

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