Lakeway, NY -- (SBWIRE) -- 03/22/2013 -- ThePennyStockProfiler.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:-
Stillwater Mining Company (NYSE:SWC) soared 1.51% and closed at $12.80. The Company said palladium prices will continue to outperform platinum this year on rising auto industry demand and a lack of new mine supply. Stillwater Chairman and Chief Executive Officer Francis McAllister said, It’s “highly probable” that palladium prices will increase to reach 65% of platinum’s value per ounce. Stillwater, which operates mines in Montana, produces roughly three ounces of palladium for each ounce of platinum, McAllister said.
Is SWC a Still a Buy after the Solid momentum? Let’s Find out Here
Agnico-Eagle Mines Limited (USA) (NYSE:AEM) went up 1.48% and closed at $41.20. The Company announced that it had entered into an agreement to subscribe for 9,600,000 units of ATAC Resources Ltd. in a private placement at a price of $1.35 per unit for a total consideration of $12,960,000. Each Unit is comprised of one common share of ATC and one half of a common share purchase warrant. The closing of the private placement is expected to occur on or about March 22, 2013.
Is AEM a Strong Buying Opportunity After The Recent Slump? Find out Here
Boardwalk Pipeline Partners, LP (NYSE:BWP) increased 1.39% and closed at $28.44. So far this year, the stock is up over 15%. The 52-week range for the stock is $23.55 and $29.16. Boardwalk Pipeline Partners, LP is a limited partnership company. The Company owns and operates three interstate natural gas pipeline systems including integrated storage facilities.
Should BWP Buy BWP After The Recent Movement? Let’s Find out Here
CenterPoint Energy, Inc. (NYSE:CNP) augmented 1.38% and closed at $23.44. Recently, CenterPoint Energy inked a deal with OGE Energy Corp. and ArcLight Capital Partners LLC to form a new midstream partnership business arm. The partnership will be run by a general partner and controlled equally by CenterPoint and OGE Energy.
Is CNP a Strong Buying Opportunity After The Recent Slump? Find out Here
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