Lakeway, NY -- (SBWIRE) -- 03/12/2013 -- ThePennyStockProfiler.com, 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:-
CBRE Group Inc (NYSE:CBG) shares gained 2.35% to $25.22 after the company, on Mar. 11, said that it has priced its offering of $800 million in aggregate principal amount of 5.00% senior notes due 2023. The Notes are being issued at a price equal to 100% of their face value. The Notes will be issued by the company's wholly-owned subsidiary, CBRE Services, Inc., and guaranteed by the company and the subsidiaries that guarantee its senior secured credit facility, on a full and unconditional basis. The company estimates that the net proceeds from the offering will be about $785.2 million, after deducting the underwriters' discounts and estimated offering expenses.
Is CBG a Strong Buy After The Recent Gain? Let’s Find out Here
Potash Corp./Saskatchewan (USA) (NYSE:POT) shares jumped 2.31% and closed at $41.11 in the last trading session. The company, on Jan. 30, announced that it and its wholly owned subsidiary PCS Sales (USA) Inc. have settled eight private antitrust lawsuits, which were filed by direct and indirect purchasers of potash in the United States in U.S. federal courts in 2008, for a total of $43.75 million. The settlements are subject to final approval of the U.S. District Court for the Northern District of Illinois.
Is POT a Strong Buy After The Recent Gain? Let’s Find out Here
Cablevision Systems Corporation (NYSE:CVC) shares increased 2.22% and closed at $14.27 in yesterday’s session. The company, on Mar. 11, said that it has appointed Gregg Seibert as vice chairman. In addition to the new leadership position, Seibert will continue to serve as the company's chief financial officer, reporting to James Dolan, Cablevision president and chief executive officer.
Additionally, the company will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on April 03, 2013. Shareholders who purchased CVC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that CVC has paid the same dividend.
Is CVC a Strong Buying Opportunity After The Recent Slump? Find out Here
Atlantic Power Corp (NYSE:AT) shares climbed 2.21% and closed at $5.55. The company, on Mar. 11, announced today that a subsidiary of the Company has entered into a purchase and sale agreement (the "Agreement") with Duke-American Transmission Company, LLC, a joint venture between Duke Energy and American Transmission Co., to sell the Company's interests in the Path 15 transmission project (the "Sale"), including Atlantic Path 15 Transmission, LLC, Atlantic Holdings Path 15, LLC and Atlantic Path 15, LLC.
Should Investors Consider AT After The Recent price Action? Get Free Trend Analysis Here
EZchip Semiconductor Ltd. (NASDAQ:EZCH) shares increased 2.19% and closed at $24.31 in yesterday’s session after EZCH‘s stock had its “strong-buy” rating reiterated by equities research analysts at Feltl & Co. in a research note issued to investors on Mar. 11.
Additionally, the company announced its earnings results on Wednesday, February 13th. The company reported $0.26 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.21 by $0.05. The company had revenue of $15.20 million for the quarter, compared to the consensus estimate of $14.00 million.
Should Investors Consider EZCH After The Recent price Action? Get Free Trend Analysis Here
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