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Hot Gainers: CONSOL Energy Inc. (NYSE:CNX), Host Hotels and Resorts, Prudential Financial Inc (NYSE:PRU), MRC Global Inc (NYSE:MRC)

 
 
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Lakeway, NY -- (SBWIRE) -- 03/11/2013 -- 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:-

CONSOL Energy Inc. (NYSE:CNX) shares gained 2.36% to $32.12. Goldman Sachs reported on Mar. 4, that they have lowered their rating for CNX. The firm has downgraded CNX from “Buy” to “Neutral,” and has raised the company’s price target from $34 to $36.

Additionally, Four CONSOL Energy Inc. operations were recognized for their safety performance in 2012, receiving safety awards in both the surface and underground mine categories, through the West Virginia Mountaineer Guardian Awards program. The awards were presented during the 40th annual West Virginia Mining Symposium held in Charleston, WV, March 7.

Is CNX a Strong Buy After The Recent Gain? Let’s Find out Here

Host Hotels and Resorts Inc (NYSE:HST) shares climbed 2.36% to $16.93. Fitch Ratings, on Feb. 28, has upgraded the credit ratings of HST and its operating partnership.

Is HST a Strong Buy After The Recent Gain? Let’s Find out Here

Prudential Financial Inc (NYSE:PRU) shares jumped 2.35% and closed at $59.60 in the last trading session. Prudential Retirement, a business unit of Prudential Financial, Inc. on Mar. 5, announced four new plan sponsor clients with over 1,500 participants. Interstate Resources, an Arlington, Va.-based independent containerboard supplier of linerboard and corrugating recycled medium, has selected Prudential as its recordkeeper in November.

Additionally, Prudential Mortgage Capital Company, on Feb. 26, announced that it provided $425 million in financing for two office properties in Chicago and Seattle, building on the momentum of its second highest yearly production in 2012 and moving toward its 2013 production goal of up to $13 billion. Prudential Mortgage Capital Company is the commercial mortgage lending business of PRU.

Is PRU a Strong Buying Opportunity After The Recent Slump? Find out Here

MRC Global Inc (NYSE:MRC) shares gained 2.23% to $30.70. The company on Mar. 8 announced that in connection with the previously announced public offering of 23 million shares of the company's common stock by PVF Holdings LLC, the company's majority stockholder, the underwriters have exercised their option to purchase an additional 3.45 million shares at a price to the public of $28.00 per share. As a result, PVF Holdings LLC will sell a total of 26.45 million shares in the offering. The offering is expected to close on March 12, 2013, subject to the satisfaction of customary closing conditions. The company will not receive any of the proceeds of the offering.

Should Investors Consider MRC After The Recent price Action? Get Free Trend Analysis Here

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