Investors Alert: Rubicon Minerals Corp, Summit Hotel Properties Inc, PBF Energy Inc, Silicon Image

Dallas, TX -- (SBWIRE) -- 03/18/2013 -- 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:-

Rubicon Minerals Corp. (USA)(NYSEAMEX:RBY) shares increased 4.70% and close at $2.45 in the last trading session. The company, on ,March 12, along with the Province of Ontario have both consented to the request of Wabauskang First Nation ("WFN") to postpone their application for judicial review of the production closure plan. Also, West Kirkland recently negotiated a change of option agreement terms within its option agreement with Rubicon Minerals Corporation dated June 23, 2011.

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

Summit Hotel Properties Inc(NYSE:INN) Shares grew 4.35% and closed at $10.31. The company, on March 13, announced the pricing of an underwritten public offering of 3,000,000 shares of its 7.125% Series C Cumulative Redeemable Preferred Stock ("Series C Preferred Stock") at a public offering price of $25.00 per share.

Additionally, the company on March 12, announced that it has closed on the previously announced acquisition of a portfolio of five unencumbered Louisiana hotels (the "Louisiana portfolio") containing an aggregate of 823 rooms for a total purchase price of approximately $135.0 million.

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

PBF Energy Inc(NYSE:PBF) shares climbed 4.31% and closed at $39.70. The company, on Feb.21, announced the election of Edward F. Kosnik as an independent member to its Board of Directors and also released its earning’s report on the same day. The company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.07. The company had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $2.67 billion. Analysts expect that PBF Energy will post $6.48 EPS for the current fiscal year.

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

Silicon Image, Inc.(NASDAQ:SIMG) shares jumped 4.11% and closed at $5.07. The company, on Feb. 27, announced the availability of a new 60GHz WirelessHD® omnidirectional RF receiver. The SiI6312 is a small form factor integrated circuit (IC) that contains a complete 60GHz RF receiver with an on-chip embedded antenna array.
Additionally, the company, last month, announced that for the first quarter of 2013, it expects revenue of approximately $59 million to $61 million. Analysts were expecting the Company to report revenue of $60 million for the first quarter of 2013.

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

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