SOURCE: IO News Wire

August 06, 2009 12:08 ET

PennyStockNewsLetter.info Lists NYSE Most Active Stocks

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IONewsWire.

NEW YORK, NY--(Marketwire - August 6, 2009) - PennyStockNewsletter.info is pleased to alert investors of stocks on the move.

Limited Brands, Inc. (NYSE: LTD) is the one of the largest percentage gainers on high trading activity. In the early morning trade, the stock has jumped up over 11% to $14.16 on impressive volume of 2.30 million shares after it reported a comparable store sales decrease of 7% for the four weeks ended Aug. 1, 2009, compared to the four weeks ended Aug. 2, 2008 against an expected Limited to post a comparable-sales drop of 12% by Thomson Reuters. The company reported net sales of $556.2 million for the four weeks ended Aug. 1, 2009, compared to net sales of $601.3 million last year.

Comcast Corporation (NASDAQ: CMCSA) is also rallying over 2.30% in the early morning trade after it reported its second-quarter earnings rose to $967 million, or 33 cents a share, from $632 million, or 21 cents a share, in the year-ago period. Revenue rose 4.5% to $8.9 billion from $8.6 billion. Analysts polled by FactSet Research were looking or earnings of 26 cents a share in the most recent quarter with sales of $8.6 billion, on average. The stock is now up $0.35or 2.30% to $15.41 on over 4.9 million shares million shares within few minutes of trading.

ON Semiconductor Corp. (NASDAQ: ONNN) has surged over 2 % to $7.65 following its second quarter results announcement. Within less than an hour 4.72 million shares have traded and 17,130 trades. Revenues were $419.8 million and $562.7 million during the quarters ended July 3, 2009 and June 27, 2008, respectively. The decrease from the second quarter of 2008 to the second quarter of 2009 was primarily due to the drop in product volume and mix of 22% and reduction in average selling prices of 5%, partially offset by an increase in revenues from our acquisition of Catalyst of $13.0 million or 2%.

Macy's, Inc. (NYSE: M) is witnessing a strong gain of 5.20% on huge volume. Now the stock is trading at $14.96 after touching an intraday high of $15.94 on huge volume of 5.07 million shares within less than an hour of trade. Department-store operator Macy's Inc. said Thursday its same-store sales fell 10.7% in July, a bigger drop than analysts expected. Department stores have been among the hardest hit in the recession. Company's total sales for the four weeks ended Aug. 1 fell 11% to $1.38 billion from $1.54 billion a year ago. Analysts surveyed by Thomson Reuters, on average, expected same-store sales to fall 9.1%. For the second quarter ended Aug. 1, same-store sales fell 9.5%, while total sales fell 10% to $5.17 billion. Analysts expected sales of $5.2 billion. Macy's also estimated second-quarter income above analyst projections, and its shares rose $1.08, or 7.6%, to $15.30 in premarket activity. The stock has traded in a 52-week range of $5.07 to $22.96.

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