Las Vegas, NV -- (SBWIRE) -- 01/31/2013 -- PennyStockParlay.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:-
Cosan Limited (USA) (NYSE:CZZ) increased 1.44% and closed at $19.73. The Market Cap of the Company is 5.34 billion and the price to earnings ratio is 34.57. Citigroup upgraded the rating of the Company from neutral rating to buy rating. The firm currently has$21 price target on the stock of the Company. The Price/Sales ratio of the Company is 0.42. The Company engages in the energy, food, logistics, infrastructure, and farmland development and management businesses primarily in Brazil, Europe, Latin America, the Middle East, Asia, and North America.
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Adecoagro SA (NYSE:AGRO) declined 4.33% and closed at $8.18. The Company announced the pricing of an underwritten secondary offering of 13,900,000 common shares offered by HBK Master Fund LP at a price per share to the public of $8.00.The selling shareholder has granted to Morgan Stanley & Co. LLC a 30-day option to purchase up to an additional 2,085,000 of the common shares. The Company will not receive any of the proceeds from the sale by the selling shareholder of the common shares in this offering.
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Plains All American Pipeline L.P. (NYSE:PAA) increased 0.27% and closed at $52.20. RBC Capital have $54.00 target price on the Company. The firm currently has an outperform rating on the stock.
A cash dividend payment of $0.5625 per share is scheduled to be paid on February 14, 2013 to the shareholders who purchased stock prior to the ex-dividend date.
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Abercrombie & Fitch Co (NYSE:ANF) declined 0.30% and closed at $50.56. BMO Capital Markets upgraded the rating of the Company to outperform. The firm currently has $61 price target on the stock of the Company. The Price/Sales and Price/Book ratio of the Company is 0.92 and 2.42 respectively. The 50 Day Moving Average and 200 Day Moving Average of the Company is 48.25 and 39.07 respectively. The Company through its subsidiaries operates as a specialty retailer of casual apparel for men, women, and kids.
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Buckeye Technologies Inc. (NYSE:BKI) declined 6.37% and closed at $28.83. The Company has reported EPS of $0.60 for second quarter of 2013. The Board of Directors of the Company declared a regular quarterly cash dividend in the amount of $0.09 per common share payable on March 15, 2013 to shareholders of record date of February 15, 2013. The Company announced that for third quarter of 2013 it expects adjusted earnings per share to be about the same as second quarter earnings excluding the insurance benefit, before improving in the fourth quarter.
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