Birmingham, West Midlands -- (SBWIRE) -- 10/02/2013 -- Value Penny Stocks issues special report on: A JC Penney Co (NYSE:JCP), Office Depot, Inc. (Office Depot), Arch Coal, Inc. (NYSE:ACI), DryShips Inc. (NASDAQ:DRYS)
A JC Penney Co (NYSE:JCP) stock owner on Tuesday sued the underdog retailer over its shocking decision to issue above $810 million of stock to support liquidity, which resulted in a steep decline in its share price. The plaintiff, Alan Marcus, reported that JC Penney publicly assured investors in August and September that its business was enhancing and that it witnessed no need to generate capital, just to subsequently decided to sell 84 million common shares at $9.65 each.
Can Investors Bet on JCP after this News update? Find out in this Research Report
Office Depot, Inc. (Office Depot) is a global supplier of office products and services. The Company operates in three business segments: North American Retail Division, North American Business Solutions Division and International Division. The stock settled at $4.95 after floating in a range of $ 4.80 - 4.99. Its market capitalization was $1.43 billion. Its 52-week range has been $ 2.24 - 6.10.
Is Office Depot a Solid Investment at These Levels? Read This Report For Details
Arch Coal, Inc. (NYSE:ACI) is the coal producer. The Company sells substantially all of its coal to power plants, steel mills and industrial facilities. As of December 31, 2012, it operated, or contracted out the operation of, 32 active mines located in each of the coal-producing regions of the United States. In trading on Tuesday, bargain hunters could buy shares of Arch Coal, Inc. (NYSE: ACI) and achieve a cost basis even cheaper than Hunt, with shares changing hands as low as $4.01 per share. Arch Coal, Inc. shares ended the session off about 2.19% on Tuesday.
For How Long ACI will Fight for Profitability? Read This Trend Analysis report
DryShips Inc. (NASDAQ:DRYS) is a holding company engaged in the ocean transportation services of drybulk cargoes and crude oil worldwide through the ownership and operation of drybulk carrier vessels and oil tankers and offshore drilling services through the ownership and operation of ultra-deepwater drilling units. DryShips Inc. (NASDAQ:DRYS) settled higher 5.37% at $3.73 on below normal volume of 19.05 shares during the last trading day. The stock has its 12-month high at $4.00 and 52-week low price was $1.46. It traded in a range of $ 3.54-$3.82 during the Tuesday trading session.
Will DRYS Continue To Move Higher? Find Out Here
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