Gainers in Focus: DRDGOLD Ltd, Brookfield Asset Management Inc, PNM Resources, Moody's Corporation

Lakeway, TX -- (SBWIRE) -- 02/20/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

DRDGOLD Ltd. (ADR) (NYSE:DRD) shares jumped 3.90% and closed at $8.25 in the last trading session. The 52 week trading range for the company is $5.35 - $8.59. DRD is a South Africa-based surface gold retreatment company. DRDGOLD operates in a single segment, Ergo. Ergo is a surface retreatment operation and treats old slime and sand dumps to the south of Johannesburg’s central business district, as well as the east and central Rand goldfields.

Is DRD after A Fall In yesterday’s Session? Find Out Here

Brookfield Asset Management Inc. (USA) (NYSE:BAM) shares gained 3.86% to $38.48. The company, on Feb. 15, announced that the Board of Directors declared a quarterly dividend of USD0.15 per share (representing USD0.60 per annum), payable on May 31, 2013, to shareholders of record as at the close of business on May 1, 2013. This represents an increase of 7% over the current dividend rate. The Board also declared all of the regular monthly and quarterly dividends on preferred shares.

How Should Investors Trade BAM After The recent Report? Find Out Here

PNM Resources, Inc. (NYSE:PNM) shares gained 3.83% to $21.97 after PNM’s stock was upgraded by analysts at Jefferies Group from a “hold” rating to a “buy” rating in a research report issued to clients and investors yesterday. The firm currently has a $24.00 price target on the stock, up from their previous price target of $21.50. The company is an investor-owned holding company of energy and energy-related businesses.

Why Should Investors Consider Buying PNM Now? Find Out Here

Moody's Corporation (NYSE:MCO) shares climbed 3.78% and closed at $48.57. On February 12, 2013, the Board of Directors of Moody's Corporation authorized a new $1 billion share repurchase program. Moody's expects to commence repurchases under the new program following completion of the existing program, which had $677 million of share repurchase authority remaining as of December 31, 2012.
Additionally, the company will begin trading ex-dividend on February 15, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on March 11, 2013. Shareholders who purchased MCO stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the prior quarter.

Is MCO Still a Buy After The Recent momentum? Find Out Here

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