Stocks Buzz: Two Harbors Investment Corp, Manitowoc Company, Novartis AG, Grupo Financero Sntdr Mxco SAB De CV ADR

Dallas, TX -- (SBWIRE) -- 03/18/2013 -- 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 climbed 1.39% and closed at $13.84. The company, on Mar. 14, announced that one of its wholly-owned subsidiaries received approval as a servicer under the Federal Home Loan Mortgage Corporation's ("Freddie Mac") home mortgage (1-4 unit) program. This approval allows the company to invest in Mortgage Servicing Rights (MSRs) on Freddie Mac loans.

Additionally, Sterne Agee analyst Henry J. Coffey reiterated a Neutral rating on TWO on Mar. 15.

Get Latest News, Updates on TWO Here

Manitowoc Company, Inc. (NYSE:MTW) shares gained 1.36% to $20.80. Zacks reaffirmed their neutral rating on shares of Manitowoc in a report issued on Mar. 5. They currently have a $19.00 target price on the stock. Additionally, analysts at BMO Capital Markets reiterated an outperform rating on shares of Manitowoc Company in a research note to investors on Feb. 4. They now have a $23.00 price target on the stock, up previously from $18.00.

Is MTW a Strong Buying Opportunity After The Recent Slump? Find out Here

Novartis AG (ADR)(NYSE:NVS) shares gained 1.36% and closed at $69.89 in the previous trading session. The company, on Mar. 15, said that its experimental cancer drug LDK378 was designated as a breakthrough therapy by the Food and Drug Administration. The Swiss drugmaker is studying LDK378 as a treatment for a rare type of metastatic non-small cell lung cancer. It is intended for patients whose cancer progressed during treatment with Pfizer Inc.'s drug Xalkori, or who could not tolerate treatment with Xalkori.

Is NVS Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Grupo Financero Sntdr Mxco SAB de CV ADR (NYSE:BSMX) shares jumped 1.36% and closed at $15.64. The company is a Mexico-based financial institution. The Company is primarily engaged, through its subsidiaries, in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities.

Is BSMX Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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