Boston, MA -- (SBWIRE) -- 09/12/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Eldorado Gold Corp (USA)(NYSE:EGO), MBIA Inc. (NYSE:MBI), US Airways Group, Inc.(NYSE:LCC), Elan Corporation, plc (ADR) (NYSE:ELN)
Eldorado Gold Corp (USA)(NYSE:EGO) shares closed at $7.56. Paul N. Wright, Chief Executive Officer of Eldorado Gold Corporation, on Sept. 5 provided a progress report on Eldorado's exploration programs for the first half of 2013. To date this year, 106,500 metres of drilling have been completed at exploration programs in China, Turkey, Brazil, Romania, and Greece. Exploration highlights include: Discovery of two high grade zones of mineralization within the Qinlongtan mining license at Tanjianshan, including drillhole intercepts of 45.0m @ 9.04 g/t Au (QD-303), 22.0m @ 9.80 g/t Au (QD-306), 10.9m @ 17.53 g/t Au (QD-300) and 3.0m @ 17.06 g/t Au (QD-301).
How Should Investors Trade EGO After The Recent Volatility? Get Free Report Here
MBIA Inc. (NYSE:MBI) shares fell 2.87% to $11.52. National Public Finance Guarantee Corporation (National), an indirect subsidiary of MBIA Inc. (NYSE: MBI), on August 19 announced that the Plan of Rehabilitation for Financial Guaranty Insurance Company ("FGIC") that includes a Novation Agreement between FGIC and National has become effective as of August 19, 2013 (the "Effective Date").
How Should Investors Trade MBI After The Recent Volatility? Get Free Report Here
US Airways Group, Inc.(NYSE:LCC) shares dropped 2.21% to $17.72. American Airlines (AAMRQ) and US Airways Group Inc. (LCC), on August 30, fought the Justice Department over when the government’s antitrust lawsuit to block the airlines’ proposed merger should go to trial.
The Justice Department is seeking a March trial, while the airlines are pressing for November to resolve the case that is keeping American parent AMR Corp. stuck in bankruptcy. U.S. District Judge Colleen Kollar-Kotelly in Washington is hearing arguments from both sides.
Is LCC A Good Buy After The Recent Price Movement? Find Out Here
Elan Corporation, plc (ADR) (NYSE:ELN) stock jumped 0.06% to $15.43. Perrigo Company (NYSE:PRGO) on July 29 decided to buy Elan Corporation, plc (ADR) (NYSE:ELN) for $8.6 billion in a contract that will hand it tax savings from being domiciled in Ireland and royalties from a blockbuster multiple sclerosis cure. Elan excluded three lower bids from U.S. investment firm Royalty Pharma amid orders, court hearings and a war of words before setting itself up for sale last month.
Is ELN A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
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