Orlando, FL -- (SBWIRE) -- 10/03/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Molycorp Inc. (NYSE:MCP), MGIC Investment Corp.(NYSE:MTG).
Molycorp Inc. (NYSE:MCP) shares increased 10.51% to $7.36. The company on Oct. 2 announces Mechanical Completion and the Start of Commissioning of Both the Chloralkali Plant and the Final Unit of Multi-Stage Cracking at Mountain Pass
Additionally, the company on Oct. 2 announced that the chloralkali plant at Mountain Pass, California, is now mechanically complete and that full-scale commissioning operations have commenced. The chloralkali plant will recycle wastewater and produce hydrochloric acid and caustic soda used as part of the rare earth separations process. Company officials said that once fully operational and optimized, the chloralkali plant is expected to help the facility achieve its cash production cost targets, which the Company believes will make it competitive with the lowest cost producers globally.
Are investors worried about the recent updates with MCP? Find out with a free trend analysis HERE
MGIC Investment Corp.(NYSE:MTG) shares decreased 0.27% to $7.28. MTG‘s stock had its “neutral” rating reiterated by Zacks in a report issued on Sept. 20. They currently have a $8.00 target price on the stock. Zacks‘price objective suggests a potential upside of 4.30% from the stock’s previous close. Separately, analysts at JMP Securities initiated coverage on shares of MTG in a research report issued to clients and investors on Sept. 17. The firm set a “market perform” rating on the stock.
Is MTG going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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