New York, NY -- (ReleaseWire) -- 03/09/2013 --Zynga, Inc. (NASDAQ:ZNGA) ended its last quarter with $1.65 billion in cash and cash equivalents. With 784.21 million shares outstanding, Zynga has $2.10 in cash per share. Shares of gambling stocks and mobile gaming stocks have been trending upwards in recent weeks after the two largest gambling states in the U.S. Nevada and New Jersey announced the legalization of online gambling.
Zynga Inc. develops, markets, and operates online social games as live services on the Internet, social networking sites, and mobile platforms in the United States and internationally. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.
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Southwest Airlines Co. (NYSE:LUV) announced that the Company flew 7.1 billion revenue passenger miles (RPMs) in February 2013, a 2.3 percent decrease from the 7.2 billion RPMs flown in February 2012. Available seat miles (ASMs) decreased 3.1 percent to 9.3 billion from the February 2012 level of 9.6 billion. The February 2013 load factor was 75.8 percent, compared to 75.2 percent in February 2012. For February 2013, passenger revenue per ASM (PRASM) is estimated to have increased approximately two percent compared to February 2012.
Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States.
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