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Los Angelas, CA -- (SBWIRE) -- 03/08/2013 -- Ross Stores, Inc. (NASDAQ:ROST) shares went down after Piper Jaffray dropped its price target on the stock from $86 to $71. However, the firm has restated its “overweight” rating on the stock.
In the last trading session, Ross Stores, Inc. reported the fall of -7.49% to close at $55.23 and its total traded volume was 9.98 million shares. ROST has earnings per share of $3.31 and its price to earnings ratio ended at 16.70. ROST has a market cap of 12.28 billion.
Will ROST Reach The Bottom After Yesterday’s Correction? Find Out Here
McEwen Mining Inc. (NYSE:MUX) declined 5.93% and closed at $2.54 on a traded volume of 4.34 million shares. So far this year, the stock is down over 34%. The 52-week range for the stock is $1.96 and $5.23. McEwen Mining Inc. formerly US Gold Corporation, is engaged in the exploration for and production of precious metals in the United States, Mexico and Argentina. McEwen Mining’s operating segments include USA and Mexico.
Is it the Right to Grab MUX after the Recent Slump? Find Out Here
James River Coal Company (NASDAQ:JRCC) slipped 6.67% and closed at $2.38 on a traded volume of 1.37 million shares. The Company reported net loss of $138.9 million or $3.99 per share for the year ended December 31, 2012 and a net loss of $76.9 million or $2.21 per fully diluted share for the fourth quarter of 2012. This is compared to a net loss of $39.1 million or $1.19 per fully diluted share for the year ended December 31, 2011 and a net loss of $28.5 million or $0.82 per fully diluted share for the fourth quarter of 2011.
Why Should Investors Buy JRCC After The Recent Fall? Find Out Here
BankUnited (NYSE:BKU) moved down 3.41% and closed at $26.08 on a traded volume of 1.80 million shares. The Company announced the pricing of an underwritten offering of 19,600,000 shares of its common stock by certain of its existing stockholders at $25.25 per share. The Company will not receive any proceeds from the offering. In connection with the offering, the underwriters have a 30-day option to purchase an additional 2,940,000 shares in the offering from the Selling Stockholders.
Is BKU Showing Any Sign of Buy At The Current Market Price? Find Out Here
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