HotPennyStockNews.com is devoted to fetch you the most exclusive stocks in the market today. Apart from scanning the markets for the most underrated stocks. We propel those victors directly to your email inbox first ahead of the rest of the marketplace gets a prospect.
Los Angelas, CA -- (SBWIRE) -- 12/19/2012 -- General Motors Co. (NYSE:GM) jumped 9.06 percent in premarket after the auto giant plans to repurchase 200 million shares at $27.50 per share from Treasury, which intends to exit its investment in the company within the next 15 months.
Can GM Extend Rally? Find Out Here
Knight Capital Group (NYSE:KCG) confirmed its decision to pursue a merger with electronic trading group Getco LLC. The $1.8 billion deal for Knight, which values the firm at $1.4 billion plus $400 million in debt held by Getco, will create a trading powerhouse ranking as one of the largest players on U.S. exchanges and the main trading partner of online brokerage firms that service everyday investors. A trading error this summer drove a $461 million loss for Knight, forcing the firm to seek a rescue investment from a group of six financial firms, including Getco. Shares jumped 6.6% to $3.55 in premarket trade.
Can KCG Continue To Move Higher? Find Out Here
Alterra Capital Holdings Ltd. (NASDAQ:ALTE) may be in focus after the insurer agreed to be acquired by rival Markel Corp. for around $3.13 billion, or $31 per share, in cash and stock.
Can ALTE Extend This Massive Gain? Find Out Here
Navistar International Corp. (NYSE:NAV) swung to a wider-than-expected fiscal fourth-quarter loss as the commercial-truck maker booked several large charges and saw a double-digit percentage drop in sales. Shares slumped 4.8% to $21.75 premarket.
Can NAV Recover After The Recent fall? Find Out Here
Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein..
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)