Stamford, CT -- (SBWIRE) -- 09/10/2013 -- High Rising Stocks provides investors with the hottest penny stock alerts on a regular basis. Our Penny Stock Newsletter will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: Office Depot Inc (NYSE:ODP), Monster Worldwide, Inc. (NYSE:MWW), ARMOUR Residential REIT, Inc.(NYSE:ARR), Alon USA Energy, Inc. (NYSE:ALJ)
Office Depot Inc (NYSE:ODP) shares increased 1.16% to $4.37. The company on August 29 announced the results of its previously announced cash offer to purchase any and all of its $250,000,000 in aggregate principal amount of outstanding 9.75% Senior Secured Notes due 2019 (CUSIP 676220AG1 and U67518AC1) (the "notes") pursuant to its offer to purchase dated July 30, 2013 (the "Offer to Purchase"). As of the expiration time of the offer (11:59 p.m., Eastern time, August 28, 2013), the Company did not receive any valid tenders from holders of the notes.
Should Investors Buy ODP After Yesterday’s Slump? Find Out Here
Monster Worldwide, Inc. (NYSE:MWW) shares gained 2.61% to $4.71. The New York Jets and Monster.com, the flagship brand of Monster Worldwide, Inc. (NYSE: MWW), on Sept. 10 announced that the search is over for the new on-air reporter for newyorkjets.com. Through Monster's Cool Jobs program, the Jets have hired Liz Gonzales as the team's newest on-air reporter for newyorkjets.com live programming. Gonzales was introduced to Jets fans at MetLife Stadium on Sunday during the Jets vs. Buccaneers season opener.
How Should Investors Trade MWW After The Recent Volatility? Get Free Report Here
ARMOUR Residential REIT, Inc.(NYSE:ARR) shares dropped 1.18% to $4.18. The company on August 27 announced that the Board of Directors has appointed Ms. Carolyn Downey as a new independent member of the Board of Directors of the Company, effective September 3, 2013.
With the appointment of Ms. Downey, the Company expects to regain compliance with Section 303A.01 of the New York Stock Exchange Listed Company Manual and Section 802(a) of the NYSE MKT LLC Company Guide, both which require a majority of independent directors on the Company's Board of Directors.
Is ARR A Good Buy After The Recent Price Movement? Find Out Here
Alon USA Energy, Inc. (NYSE:ALJ) shares declined 6.05% to $11.33. The company on Sept. 9 announced that it intends to offer, subject to market conditions and other factors, $130 million aggregate principal amount of convertible senior notes due 2018 (the "Convertible Notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Convertible Notes are expected to pay interest semiannually and will be convertible into cash, shares of the Company's common stock or a combination of cash and shares of the Company's common stock, at the Company's election, based on a conversion rate to be determined. The Convertible Notes will mature on September 15, 2018, unless repurchased or converted in accordance with their terms prior to such date. Prior to June 15, 2018, the Convertible Notes will be convertible only upon the occurrence of certain events and during certain periods.
Should Investors Rush To Buy ALJ After The Solid Rally? Get Special Report Here
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