Stocks Buzz: Silver Standard Resources Inc, Grupo Financero Sntdr Mxco SAB de CV ADR, IAMGOLD Corporation, Ternium S.A.

Lakeway, TX -- (SBWIRE) -- 02/21/2013 -- 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:-

Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) slipped 7.01% and closed at $10.22 on a traded volume of 1.29 million shares. The Company announced the closing of $15 million aggregate principal amount of 2.875% convertible senior notes due 2033 pursuant to the partial exercise of the over-allotment option granted to the initial purchasers of the Notes in connection with Silver Standard's previously announced offering of US$250 million of Notes, which closed on January 16 , 2013.

How Should Investors Trade SSRI After The Latest Earnings Report? Find Out Here

Grupo Financero Sntdr Mxco SAB de CV ADR (NYSE:BSMX) went down 6.85% and closed at $14.14 on a traded volume of 4.49 million shares. The Company announced fourth quarter and year end results. Comparable net income for 4Q12 rose 16% to Ps.3, 938 million. Comparable net income for FY12 increased 31.4% to Ps.17, 238 million.

Is BSMX a Buy After The Solid Earnings? Get Free Trend Analysis Here

IAMGOLD Corporation (USA) (NYSE:IAG) moved down 6.78% to $7.42. The Company reported consolidated financial and operating results for the year and fourth quarter ending December 31, 2012. Revenues were $1.7 billion for 2012. Net earnings from continuing operations attributable to equity holders were $334.7 million or $0.89 per share in 2012 compared to $391.3 million or $1.04 per share in 2011.

How Should Investors Trade IAG After The Recent Movement? Find Out Here

Ternium S.A. (ADR) (NYSE:TX) went down 6.59% and closed at $21.12 on a traded volume of 1.08 million shares. The Company reported fourth quarter results. The net sales were 6% down in the fourth quarter 2012 compared to the third quarter 2012. Operating income was USD122.7 million, a sequential decrease of USD129.8 million mainly related to a lower operating income in the steel segment due to a USD19 decrease in revenue per ton. Ternium's net loss in the fourth quarter 2012 was USD275.0 million, a USD421.6 million lower result compared to net income in the third quarter 2012.

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