Lakeway, NY -- (SBWIRE) -- 03/12/2013 -- ThePennyStockProfiler.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:-
The Blackstone Group L.P.(NYSE:BX) shares climbed 1.83% to $19.99. Blackstone Group LP and TPG Capital recently have placed separate final bids for Australia's largest poultry producer, Inghams Chicken, sources with direct knowledge of the matter told Reuters last week. The bids could value the privately owned company at around A$800 million dollars ($821 million), according to sources.
Additonally, private equity firm Blackstone Group LP last month said it is leading the charge for investments into India's commercial real estate market after the recent global recession has lowered interest in its once red hot residential market. As a result, the number of unsold units has risen, causing a glut in the market.
Is BX a Strong Buy After The Recent Slump? Let’s Find out Here
AFLAC Incorporated (NYSE:AFL) shares gained 1.81% to $51.05. The company, on Mar. 6, has been selected to Ethisphere's 2013 annual list of World's Most Ethical Companies. Aflac is the only insurance company to appear on the prestigious list for seven consecutive years.
Additionally, the company, last month, has been recognized by FORTUNE magazine as a World's Most Admired Company for the 12th time. According to FORTUNE, the World's Most Admired Companies list is the definitive report card on corporate reputations. Aflac was listed at number one in the Insurance: Life and Health category.
Is AFL a Strong Buying Opportunity After The Recent Slump? Find out Here
SLM Corp (NASDAQ:SLM) shares gained 1.78% to $19.41. The company will begin trading ex-dividend on March 01, 2013. A cash dividend payment of $0.4908 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased SLMBP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -6.89% decrease from the prior quarter.
Should Investors Consider SLM After The Recent price Action? Get Free Trend Analysis Here
Flextronics International Ltd. (NASDAQ:FLEX) shares climbed 1.76% and closed at $6.93. Zacks upgraded shares of FLEX from an underperform rating to a neutral rating in a research note issued to investors on Mar. 1. The firm currently has $6.80 target price on the stock.
Additionally, Fitch Ratings last month has assigned a 'BBB-' rating to Flextronics;s proposed offering of $1 billion in senior unsecured notes. Fitch expects the proceeds to be used to refinance most of Flextronics' $1.2 billion senior unsecured term loan maturing October 2014.
Get latest News, Updates on FLEX Here
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