Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- vbtrendreport.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:-
Magnum Hunter Resources Corp (NYSE:MHR) shares declined 4.10% and closed at $3.74 in the last trading session. The company, last week, announced an operational update on each of the Company's upstream unconventional resource plays for the fourth quarter of 2012 which includes (i) the Eagle Ford Shale, (ii) the Williston Basin, and (iii) the Appalachia/Marcellus/Utica Shales. Additionally, the Company has also provided an operational update for the Company's midstream division, Eureka Hunter Pipeline, LLC ("Eureka Hunter").
How Should Investors Trade MHR After The Solid Jump? Let’s Find Out Here
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares fell 4.08% to $1.88. The company, on Feb. 5, announced that after a long dispute with Italy-based Helios Technology S.p.A., the Venice Court of Appeal declared on January 16, 2013 that, according to the ICC Rules of Arbitration, the 2010 award in favor of LDK Solar is valid, effective and enforceable in Italy.
Additionally, the company, on Jan. 22, announced that it has entered into a share purchase agreement dated January 21, 2013 with Fulai Investments Limited, which has agreed to purchase 17,000,000 newly issued ordinary shares of LDK Solar, at a purchase price of USD1.83 per share with an aggregate purchase price of USD31,110,000, subject to the terms and conditions of the share purchase agreement, including a lock-up for 180 days from the closing date of the contemplated transactions.
Is LDK Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Her
Kinross Gold Corporation (USA) (NYSE:KGC) shares decreased 4.08% and closed at $7.99. The company, on Feb. 13, announced that for fiscal 2013, it expects to produce approximately 2.4-2.6 million gold equivalent ounces at a production cost of sales per gold equivalent ounce of $740-790.
Moreover, the company’s Board of Directors declared a dividend of $0.08 per share payable on March 28, 2013 to shareholders of record at the close of business on March 21, 2013.
Is KGC A Buy After The Recent Price Movement? Find Out Here
Medivation, Inc. (NASDAQ:MDVN) shares dropped 4.07% and closed at $51.18 in yesterday’s session. The company, on Feb. 4, announced that Kathryn E. Falberg has been elected to the Company's Board of Directors. Ms. Falberg will also serve as chair of the Audit Committee.
Additionally, the company announced that it will host a live teleconference with management to discuss fourth quarter and year-end 2012 financial results and provide a general business update on February 28, 2013 at 4:30 p.m. Eastern Time. A press release for the fourth quarter and year-ended 2012 will be released after markets close on February 28, 2013.
Is MDVN a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here
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