Birmingham, West Midlands -- (SBWIRE) -- 03/01/2013 -- Value Penny Stock key goal and commitment to our members is to provide you with exclusive newsletter that represents our reliability, and differentiates us from the other promotional newsletters! We pride ourselves in presenting picks that will make our followers money on a regular basis, as well as staying away from the stocks that are frequently being diluted.
Jefferies Group, Inc. (NYSE:JEF) declared that the stockholders of Jefferies Group, Inc. and the shareholders of Leucadia National Corporation tremendouslyaccepted the merger between the two companies pursuant to which Jefferies’ stockholders will get 0.81 of a share of Leucadia common stock for each share of Jefferies common stock they held and that the merger will be completedon March 1, 2013.
In the last trading session, Jefferies Group, Inc. (NYSE:JEF)jumped +0.42% and closed at $21.72 with the overall traded volume of 31.04 million shares more than the average volume of 1.86 million.
Why Should Investors Buy JEF After The Recent Gain? Just Go Here and Find Out
MGIC Investment Corp. (NYSE:MTG) surged +6.43% with the closing price of $2.98. The overall volume in the last trading session was 36.20 million shares. Its fifty two week range was $0.66-$5.15. The total market capitalization remained $602.06million.
MTG is ahead its 52 week low with 351.52% and its last month price volatility remained 13.04%. Its beta coefficient was 3.33 with a target price of $1.33. MTG has insider ownership of 2.80% with its institutional ownership remained 77.71%. Company’s current year earnings per share reduced with 17.23% while the five year EPS growth rate was +9.94%.
What was the Moving Force behind MTG On Bullish Run? Read This Research Report on MTG
Leucadia National Corp. (NYSE:LUK) shares also went up and traded with high volume after merger agreement with the Jefferies Group. In the last trading session, Leucadia National Corp. (NYSE:LUK) soared +0.64% to close at $26.90 and its total traded volume was $18.70 million shares beating the average volume of 1.64 million. LUK has earnings per share of $3.45.
For How Long LUK will Fight for Profitability? Read This Trend Analysis report
Corrections Corp Of America (NYSE:CXW) moved up +0.63% and closed at $38.35 in the last trading session and its overall traded volume was 17.87 million shares. Stock price 52 weeks high was $39.31 and 52 weeks low price was $24.52. Corrections Corporation of America (CCA) is an owner and operator of privatized correctional and detention facilities and prison operators in the United States.
For How Long CXW’s Gloss will Attract Investors? Find out via this report
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