Dallas, TX -- (SBWIRE) -- 03/07/2013 -- Marketbuzzreport.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:-
AuRico Gold Inc (USA) (NYSE:AUQ) shares jumped 3.99% to $6.26. The company, on Feb. 21, announced that as part of the Company's long-term strategy to maximize shareholder value, the Board of Directors has approved the implementation of a new, two-tiered dividend policy: In 2013, the Company will pay an annual dividend of $0.16 per common share (payable quarterly). The first quarterly dividend ($0.04 per common share) is expected to be declared on March 25, 2013.
How Should Investors Trade AUQ After The Recent Price movement? Find out Here
Pactera Technology Intl Ltd (ADR) (NASDAQ:PACT) shares gained 3.97% and closed at $7.07 in the last trading session. The company, on Feb. 27, announced that for first quarter of 2013, it expects net revenues to be at least USD158.0 million and Non-GAAP diluted net income per ADS to be at least $0.12. For fiscal 2013 excluding the revenues from large telecom customer for both 2012 and 2013, net revenues are to be at least USD675 million and Non-GAAP diluted net income per ADS to be in the range of $0.75 to $0.80. Analysts are expecting the Company to report revenue of $172 million and EPS of $0.23 for first quarter of 2013; revenue of $741 million and EPS of $0.90 for fiscal 2013.
Is PACT a Strong Buying Opportunity After The Recent Slump? Find out Here
M/I Homes Inc (NYSE:MHO) shares climbed 3.93% and closed at $24.84 after the company, on Mar. 5, announced the pricing and upsizing to $75 million aggregate principal amount of its previously announced public offering of convertible senior subordinated notes due 2018. The Company also granted to the underwriters an option to purchase up to an additional $11.25 million aggregate principal amount of notes. Citigroup, J.P. Morgan and Wells Fargo Securities are acting as joint book-running managers for the notes offering.
Additionally, Fitch Ratings has affirmed the ratings for MHO, including the company's Issuer Default Rating (IDR) at 'B'. The Rating Outlook is Stable.
Is MHO a Buy After The Latest Price Action? Find Out Here
Informatica Corporation (NASDAQ:INFA) shares gained 3.90% to $36.20. The company, on Feb. 26, announced that Informatica Cloud has been named the recipient of the Salesforce AppExchange Customer Choice Awards for IT & Administration, as selected by salesforce.com customers. In receiving this award, Informatica joined all the winners in receiving recognition for their ability to take customer success to new levels.
Get latest News, Updates on INFA Here
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