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:-
KB Home (NYSE:KBH) shares dropped 7.54% and closed at $18.03 in the last trading session. The company, on Feb. 19, nnounced it has acquired 34 acres of land along the IH-35 corridor northeast of San Antonio in Live Oak, Texas. Land development is currently underway for 172 homesites, which will comprise KB Home’s new community, Ironwood at Crestway. Model homes showcasing the flexible floor plans and beautiful home designs available are scheduled to open to the public in June.
Is KBH a Buy After The Latest Announcement? Find out Here
Coeur d'Alene Mines Corporation (NYSE:CDE) shares fell 7.52% and closed at $18.81. The company, on Feb. 13, announced that it is offering to repurchase all of its outstanding 3.25% Convertible Senior Notes due 2028 (the “Notes”). As of February 12, 2013, there was $48,658,000 aggregate principal amount of Notes outstanding. The Indenture governing the Notes provides the holders of the Notes with a right to require the Company to purchase their Notes on March 15, 2013.
Additionally, the company, on Feb. 18, announced that Orko Silver Corp.'s (OK.V: Quote) Board has unanimously determined that Coeur's buyout Proposal constitutes a "Superior Proposal" pursuant to its arrangement agreement with First Majestic Silver Corp.
Is CDE a Buy after the Solid report? Get Special Coverage Here
Jaguar Mining Inc (USA) (NYSE:JAG) shares declined 7.42% to $0.611. The company, last month, announced that its full year 2012 production totaled 102,823 ounces of gold, in line with its most recent public guidance targets. Gold production for the quarter ended December 31, 2012 totaled 21,676 ounces. These production results compare to 33,397 ounces of gold in the fourth quarter of 2011 and 155,764 ounces for the full year 2011.
How Should Investors Trade JAG After The Latest Report? Find Out Here
Brigus Gold Corp (USA) (NYSEAMEX:BRD) shares dropped 7.41% to $0.750 in yesterday’s session. The company, on Jan. 7, announced that the production guidance for fiscal 2013 is 90,000 to 100,000 ounces and cash costs are anticipated to stabilize in the range of $700 - $750 per ounce. The company is a mining company. The Company is engaged in the extraction, processing, and refining of gold deposits, as well as related activities, including the acquisition, exploration and development of mineral properties principally located in North America. Its sole mining operation is the Black Fox Mine.
How Should Investors Trade BRD After The Latest Earnings Report? Find Out Here
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