US Stocks Up on News (PEI, NSM, ARO, HIBB, CTRN)


(EMAILWIRE.COM, March 13, 2010 ) Dallas, Tx - Pennsylvania R.E.I.T. (NYSE:PEI) surged 5.03% to $12.10 on 2.01 million shares. The company announced that its fourth-quarter net loss attributable to the company was $61.1 million or $1.41 per share, compared to a net loss of $0.7 million or $0.02 per share, for the fourth quarter of 2008.

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National Semiconductor Corporation (NYSE:NSM) added 0.28% to $14.38 on 21.36 million shares after the company posted results and a revenue outlook that beat estimates, as sales to industrial markets and improved corporate spending pushed margins to a record high.

Aeropostale, Inc. (NYSE:ARO) went up 4.18% to $28.18 on 7.15 million shares. The company was today upgraded to Neutral from Underweight with a price target of $31 by Piper Jaffray.

Hibbett Sports, Inc. (NASDAQ:HIBB) gained 1.30% to $25.03. The company today announced results for the fourth quarter and fiscal year ended January 30, 2010. Net income in Fiscal 2010 increased 10.5% to $32.5 million compared with $29.4 million in Fiscal 2009. Earnings per diluted share increased 10.0% to $1.12 compared with $1.02 for the 52-week period ended January 31, 2009.

Citi Trends, Inc. (NASDAQ:CTRN) also went up 2.71% to $30.75. The company today announced that its fourth-quarter net income increased 11.9% to $11.3 million from $10.1 million in last year's fourth quarter. Earnings per share increased to $0.78 from $0.69 in the fourth quarter of 2008. Income from operations increased 18.4% to $16.8 million from $14.2 million in 2008.

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