Dallas, TX -- (SBWIRE) -- 03/20/2013 -- 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:-
Two Harbors Investment Corp (NYSE:TWO) shares declined 2.81% and closed at $13.48. The company, on Mar. 19, announced that it has priced a public offering of 50,000,000 shares of its common stock at an offering price of $13.46 per share, for total gross proceeds (before underwriting discount and commissions and estimated expenses) of approximately $673.0 million. The company has granted the underwriters an option for 30 days to purchase up to an additional 7,500,000 shares of the company's common stock to cover over-allotments, if any. The offering is expected to close on or about March 22, 2013.
Get Latest News, Updates on TWO Here
Radian Group Inc. (NYSE:RDN) shares fell 2.75% to $9.89. Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group, on Mar. 18 announced the addition of 30-year mortgage industry veteran, Phillip Bracken, to the team. In the newly created role of Chief Policy Officer - Government and Industry Relations, Bracken will represent Radian on Capitol Hill, by promoting a more traditional balance between private and public capital in the mortgage finance market.
Is RDN a Strong Buying Opportunity After The Recent Slump? Find out Here
Starz (NASDAQ:STRZA) shares fell 2.68% and closed at $20.35. Pivotal Research Group maintained Starz on Mar. 5 with a Buy rating and raised the price target from $21.00 to $23.00.
The company, last month, reported fourth quarter and year end 2012 results. Revenue decreased 2% to $422 million for the fourth quarter and increased 1% to $1,631 million for the year. Operating income decreased 2% to $86 million for the fourth quarter and decreased 5% to $405 million for the year.
Is STRZA Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
Comstock Resources Inc (NYSE:CRK) shares fell 2.62% and closed at $17.50 after CRK’s stock had its target price boosted by Ladenburg Thalmann from $18.00 to $21.00 in a report released on Mar. 15. Ladenburg Thalmann currently has a buy rating on the stock.
Additionally, Rosetta Resources Inc. (Nasdaq:ROSE) on Mar. 15 announced it has entered into a definitive agreement to acquire Permian Basin assets from Comstock Resources for a purchase price of approximately $768 million, subject to customary closing adjustments.
Get latest News, Updates on CRK Here
Marketbuzzreport.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. Marketbuzzreport.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at http://www.marketbuzzreport.com
The assembled information disseminated by Marketbuzzreport.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Marketbuzzreport.com does expect that investors will buy and sell securities based on information assembled and presented in Marketbuzzreport.com. PLEASE always do your own due diligence, and consult your financial advisor.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)