Investors Recap: North American Palladium Ltd, United Rentals, AngloGold Ashanti Limited, MEMC Electronic Materials

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:-

North American Palladium Ltd (USA) (NYSEAMEX:PAL) shares increased 4.38% and closed at $1.43. The company, on Feb. 21, announced financial and operational results for the year ended December 31, 2012 and guidance for its Lac des Iles mine ("LDI") in 2013. As previously announced, the Company is in the process of exploring divestiture opportunities for its Quebec-based gold division. The year-end financials treat the gold division as a discontinued operation (held for sale) therefore this news release will only focus on the palladium operations.

Get Latest News, Updates on PAL Here

United Rentals, Inc. (NYSE:URI) shares fell 1.24% to $54.26. URI‘s stock had its “buy” rating restated by analysts at Bank of America in a research report issued to clients and investors on Mar. 5.

Additionally, the company, on Jan. 23, reported fourth quarter net income from continuing operations of $41 million or $0.40 per share, higher than $29 million or $0.39 per share in the prior-year quarter. Adjusted earnings from continuing operations for the quarter were $1.27 per share. Analysts expected the company to report earnings of $1.01 per share for the fourth quarter. Total revenues for the quarter surged to $1.25 billion from $746 million in the same quarter last year, but missed analysts' consensus estimate of $1.26 billion by a whisker.

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

AngloGold Ashanti Limited (ADR) (NYSE:AU) shares increased 4.18% and closed at $24.43 in the last trading session. The company, on Feb. 20, announced that for fiscal 2013, it expects production to grow to between 4.1 million ounces and 4.4 million ounces at an improved total cash cost of $815/oz to $845/oz. The company is a gold mining company with a portfolio of assets and differing orebody types in key gold producing regions.

Is AU Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

MEMC Electronic Materials, Inc. (NYSE:WFR) shares jumped 4.17% and closed at $5.24. The company, on Mar. 4, announced that the Company's Board of Directors has appointed Randy H. Zwirn as a new independent member of the Board. Mr. Zwirn, 59, is the Chief Executive Officer, Energy Services Division of Siemens AG (NYSE: SI), Energy Sector. He also serves as President and Chief Executive Officer of Siemens Energy, Inc. with regional responsibility for the overall Energy Sector in the Americas.

Get latest News, Updates on WFR Here

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