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:-
Redwood Trust, Inc. (NYSE:RWT) shares climbed 2.14% and closed at $21.92 after RWT’s stock had its price target raised by Jefferies & Co. from $20.00 to $23.00 in a research report released last week. Jefferies & Co. currently has a buy rating on the stock.
Additionally, the company also recently announced a quarterly dividend, which is scheduled for Friday, March 29th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 5.22%. The ex-dividend date is Wednesday, March 13th. This is a boost from Redwood Trust’s previous quarterly dividend of $0.25.
Is RWT a Strong Buy After The Recent Gain? Let’s Find out Here
Harmony Gold Mining Co. (ADR) (NYSE:HMY) shares increased 2.71% and closed at $6.44. Pan African Resources last month announced that Harmony Gold Mining Company Limited's last remaining condition precedent to the acquisition of Evander Gold Mines Limited From Harmony Gold Mining Company Ltd has been fulfilled following receipt of the consent required in accordance with section 11 of the Mineral and Petroleum Resources Development Act, No. 28 of 2002.
Is HMY a Strong Buying Opportunity After The Recent Slump? Find out Here
Celsion Corporation (NASDAQ:CLSN) shares jumped 2.68% to $1.15. The company, on Feb. 22, announced that it has received commitments from institutional investors to purchase an aggregate of $15 million of the Company's securities in an at-the-market registered direct offering, led by a dedicated health care fund.
Additionally, the company entered into definitive purchase agreements with these investors pursuant to which the Company agreed to sell an aggregate of 15,000 shares of its zero coupon preferred stock (which are convertible into a total of approximately 12.1 million shares of common stock) and warrants potentially exercisable for up to approximately 6.0 million additional shares of its common stock.
Additionally, the company, on Feb. 5, announced the release of interactive eBooks from Disney Publishing Worldwide, the world's largest publisher of children's books and magazines, as part of LeapFrog's new third-party developer program for its award-winning platforms.
Should Investors Consider CLSN After The Recent price Action? Get Free Trend Analysis Here
Ashland Inc. (NYSE:ASH) shares climbed 2.63% and closed at $81.45. Ashland Specialty Ingredients, a commercial unit of ASH,on Mar. 8, said it is increasing the price of its portfolio of intermediates and specialty solvents sold in Asia effective April 1, or as contracts allow. Prices for 1,4 Butanediol (BDO) and its derivatives Tetrahydrofuran (THF), N-Methyl-2-Pyrrolidone (NMP) and Gamma-Butyrolactone (BLO) will increase by $150/metric ton.
Additionally, the company announced its earnings results on Feb. 19. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.31 by $0.02. Analysts expect that QEP Resources will post $1.43 EPS for the current fiscal year.
Is ASH a Strong Buy After The Recent Gain? Let’s Find out Here
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