Basic Materials Movers in Spotlight: AA, HAL, CHK, ANR

Los Angelas, CA -- (SBWIRE) -- 12/18/2012 -- Alcoa Inc. (NYSE:AA) shares gained 1.49% to $8.88 in the morning hour. The company’s Chairman and CEO Klaus Kleinfeld praised the bipartisan leadership that led to today’s signing of the Russia and Moldova Jackson-Vanik Repeal Act of 2012 in the Oval Office at the White House. President Obama’s signature paves the way for permanent normal trade relations with Russia through the rules-based World Trade Organization (WTO).

How Should Investors Trade AA After Today’s Rally? Find Out Here

Halliburton Company (NYSE:HAL) settled the day up $0.15 to $33.54 in the previous trading session. Today's trading range was between $33.19 and $33.67 respectively. On the volume side, 7M shares were traded, which is less than the average volume of 11M shares. HAL is trading above the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $26.28 and 52 week high is $39.19. Within the last week, the shares have lost -1.15% of their value. The stock has a P/E ratio of 10.79 and a dividend yield of 1.08%.

How Should Investors Trade HAL Now? Find Out Here

Chesapeake Energy Corporation (NYSE:CHK) announced the $58 million worth of dividends on Monday, which directly translates to 8.75 cents per share to the obvious delight of shareholders. The company’s stock has fallen 25 percent since the beginning of 2012, which means that the dividend could be a confidence booster to investors as capital gains seem well differed to the long-term future. This is justified by the fact that 21 out of 34 recommendations believe that investors should hold the stock, with only six recommending that investors buy the stock.

Is CHK Showing Any Sign of Buy At The Current Market Price? Find Out Here

Alpha Natural Resources, Inc. (NYSE:ANR), together with its subsidiaries, engages in producing, processing, and selling steam and metallurgical coal in the United States. The company has mining operations in Virginia, West Virginia, Pennsylvania, Kentucky, and Wyoming. Alpha Natural Resources has a market cap of $2.06 billion and is part of the metals & mining industry. Shares are down 52.6% year to date as of the close of trading on Friday. Currently there are nine analysts that rate Alpha Natural Resources a buy, one analyst rates it a sell, and eight rate it a hold.

Will ANR Bounce Back After yesterday’s Sharp Sell off? Find Out Here

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