Bridgford Foods Corp. (BRID) : The Anaheim, California- based maker of sliced luncheon meats and cheeses said it had a quarterly loss of $278,000, according to the company’s annual report.
Citigroup Inc. (C) : Chairman Richard Parsons, who helped oversee the bank’s recovery after its near collapse in 2008, plans to step down after 16 years on the panel. Board member Michael O’Neill was named to succeed him.
Consol Energy Inc. (CNX) : The Canonsburg, Pennsylvania- based company is poised to rise if coal and natural-gas prices rebound and improve its profitability, Barron’s reported.
InfoSpace Inc. (INSP) : The Bellevue, Washington-based Internet search services company said director Lewis Taffer told the board that he would not stand for re-election at the annual meeting on May 31.
Pandora Media Inc. (P) (P US) rose 3.2 percent to $14.34. The online music service provider was upgraded to buy from hold at Stifel Nicolaus & Co., which cited the expansion of the company’s advertising sales staff.
Scorpio Tankers Inc. (STNG) : Scorpio Tankers is among shipping companies that look attractive as the industry shows early signals of recovery, Barron’s reported in its “The Trader” column, citing Edward Holl of MP Maritime in San Francisco. Teekay Tankers Ltd. (TNK) : The shipping company was also named by MP Maritime’s Holl as attractive, Barron’s reported.
Tiffany & Co. (TIF) : The New York-based jewelry retailer is poised to rise to the mid-$70s over the next year as consumers return to luxury items, boosting its sales and profit, Barron’s reported. Tiffany closed at $67.47 on March 2.
Verisk Analytics Inc. (VRSK) : The Jersey City, New Jersey-based information services company looks attractive for long-term investors as the property-casualty insurance data provider expands its health-care operation and boosts sales, Barron’s reported.
WPX Energy Inc. (WPX) (WPX US) gained 3.6 percent to $18.47. The Tulsa, Oklahoma-based company looks “significantly undervalued” as investors sold shares after natural-gas prices slumped to a decade low, Barron’s reported in its “The Trader” column, citing Craig Giventer of Financial Partners Capital Management.
Zynga Inc. (ZNGA) (ZNGA US) slipped 3.5 percent to $14.18. The biggest developer of games for social-networking sites was cut to neutral from overweight by JPMorgan Chase & Co., meaning the shares are expected to perform in line with the stocks the analyst covers over the next six-to-twelve months. JPMorgan cited Zynga’s rally since the end of January.
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