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:-
Aurizon Mines Ltd.(USA) (NYSEAMEX:AZK) shares jumped 2.54% and closed at $4.44. The company on Mar. 4 announced that it has entered into a definitive agreement pursuant to which Hecla Mining Co will acquire all of the outstanding diluted common shares of Aurizon for approximately CAD796 million. Under the terms of the Arrangement, Aurizon shareholders may elect to receive in exchange for each Aurizon Share, CAD4.75 per share or 0.9953 of a Hecla share or a combination of both, subject in each case to pro-ration based on a maximum cash consideration of approximately CAD513.6 million and a maximum of approximately 57,000,000 Hecla shares.
How Should Investors Trade AZK After The Recent Price movement? Find out Here
Cablevision Systems Corporation (NYSE:CVC) shares increased 2.47% to $14.08. The company, on Mar. 11, said that it has appointed Gregg Seibert as vice chairman. In addition to the new leadership position, Seibert will continue to serve as the company's chief financial officer, reporting to James Dolan, Cablevision president and chief executive officer.
Additionally, the company will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on April 03, 2013. Shareholders who purchased CVC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that CVC has paid the same dividend.
Is CVC a Strong Buying Opportunity After The Recent Slump? Find out Here
Tenneco Inc(NYSE:TEN) shares increased 2.21% and closed at $38.78. The company on Mar. 14 said it is planning to expand its Monroe Ride & Drive program, taking the seminar to several key industry training schools, including the upcoming VISION Hi-Tech Training Expo in Kansas City, Mo.
Additionally, the company, on Feb. 14, announced organizational changes that will align its businesses along product lines to support the company's plans for revenue and earnings growth and its longer-term strategic vision. The company has established a Clean Air division, which includes Tenneco's emissions control businesses, and a Ride Performance division, comprised of its ride control businesses.
Is TEN a Buy After The Latest Price Action? Find Out Here
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