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News Recap: JinkoSolar Holding Co., Ltd, Southern Copper Corp., Banro Corporation

 
 
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Lakeway, TX -- (SBWIRE) -- 02/22/2013 -- Bestdamnpennystocks, 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:-

JinkoSolar Holding Co., Ltd. (NYSE:JKS) slipped 12.15% and closed at $8.46. The Company has entered into a strategic cooperation agreement with China Three Gorges New Energy Corp. to deliver, during the three years from 2013 to 2015, a total of 600 megawatts of its high-efficiency solar panels to be installed in western China. JinkoSolar is a leading solar power product manufacturer with production operations in Jiangxi and Zhejiang Provinces in China.

Is JKS after A Solid Pop Up? Find Out Here

Southern Copper Corp. (NYSE:SCCO) decreased 1.41% and closed at $36.96. The Company signed a new three-year contract with workers in Peru that increase salaries and ends the immediate threat of an indefinite strike. The Company and workers reached an agreement to raise wages 6.5% the first year, and 5%each of the next two following years. The contract expires at the end of 2015.

Is SCCO Still a Buy After The Recent momentum? Find Out Here

Banro Corporation (USA) (NYSEAMEX: BAA) jumped up 7.66% and closed at $2.53. The Company has entered into agreements to arrange a financing package of up to $90 million, comprising of the issue of preferred shares to the value of $40 million to BlackRock World Mining Trust plc. and credit facilities for aggregate $30 million with two African commercial banks.

Will BAA Continue To Trend Higher After The Recent Gain? Find Out Here

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