Boston, MA -- (SBWIRE) -- 09/12/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (United States Steel Corporation (NYSE:X), Synovus Financial Corp. (NYSE:SNV), Huntington Bancshares Incorporated (NASDAQ:HBAN), Cole Real Estate Investments Inc (NYSE:COLE)
United States Steel Corporation (NYSE:X) shares gained 2.20% to $20.46. Workers locked out at U.S. Steel Corp's (NYS:X) Lake Erie works in Canada have voted to accept a contract offer, according to results posted on their union's website late on Sept. 3. The union said 79 percent of its members participated in the vote, and 57 percent voted to accept the deal.
Additionally, the company’s Chairman and Chief Executive Officer John P. Surma on August 16 announced that General Counsel and Senior Vice President - Corporate Affairs James D. Garraux has informed the company of his plan to retire by the end of 2013 after 34 years with the company.
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Synovus Financial Corp. (NYSE:SNV) shares gained 2.84% to $3.26. SNV’s was downgraded by research analysts at Drexel Hamilton from a “buy” rating to a “hold” rating in a report released on August 15. They currently have a $3.50 price objective on the stock.
Additionally, the company on July 22 announced the commencement of an underwritten public offering of $130 million of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C.
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Huntington Bancshares Incorporated (NASDAQ:HBAN) shares declined 1.15% to $8.61. The company on August 30 announced that Gregory A. Smith was named president of Cincinnati-based Haberer Registered Investment Advisor, Inc., a wholly-owned subsidiary of the Huntington National Bank. Smith will report to Steven Short, executive vice president and director of Huntington Wealth Advisors.
Additionally, Huntington Asset Services, Inc., a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com), on August 19 has extended its relationship with Dean Family of Funds through December 2015. Dean has been a Huntington Asset Services client since November 1999.
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Cole Real Estate Investments Inc (NYSE:COLE) shares declined 0.78% to $11.59. The company on Sept. 9 announced that it made this year's InformationWeek 500 — a list of the top technology innovators in the United States. Cole was recognized for the development and implementation of a strategic sales call management system. This initiative was implemented on behalf of Cole Capital™, the private capital management business for Cole Real Estate Investments. The InformationWeek recognition is for the Cole Sales Cockpit, an internal, client-focused productivity platform that significantly improves workflow by making CRM data easily accessible — as well as actionable — for the Cole Capital Internal Sales team.
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Here at Winston we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. We focus on companies that we feel are trading at a discount to the market for various reasons. Enter your email and track our performance! We are sure you won’t sure you won’t be disappointed.
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