Dallas, TX -- (SBWIRE) -- 03/19/2013 -- 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:-
ING Groep N.V. (ADR)(NYSE:ING) shares decreased 4.67% and closed at $7.97. Reuters on Mar. 5 reported that the sale of ING Groep NV's South Korean unit is set to be revived after private equity-backed Tong Yang Life Insurance Co Ltd said it was considering whether to buy the business, which is valued at about $2.1 billion. In a regulatory filing on Wednesday, Vogo Capital-owned Tong Yang said it was reviewing whether to buy ING's South Korean insurance unit. Tong Yang did not say how it plans to fund the acquisition if it decides to proceed with a bid, which would be almost double the size of Tong Yang's market value of $1.1 billion.
How Should Investors Trade ING After The Recent Price movement? Find out Here
Just Energy Group Inc(TSE:JE) shares declined 4.55% to $6.92 in the last trading session. The company, on Mar. 4, said it filed notice with the Toronto Stock Exchange and the New York Stock Exchange today announcing its March dividend. A dividend of Cdn. $0.10333/common share will be paid on March 31, 2013 to shareholders of record at the close of business on March 15th, 2013. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. The common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol "JE".
Is JE a Strong Buying Opportunity After The Recent Slump? Find out Here
Rosetta Resources Inc.(NASDAQ:ROSE) shares fell 4.46% to $47.75. The company, on Mar. 16, agreed to buy 53,306 net acres in West Texas from Comstock Resources Inc. (CRK) for $768 million, marking its entrance into the Permian Basin. The cash acquisition includes an area that may hold the equivalent of 145 million barrels of oil and currently produces about 3,300 barrels a day, Houston-based Rosetta said in a statement. Comstock, based in Frisco, Texas, will use proceeds to reduce debt and double drilling rigs in the Eagle Ford shale formation of South Texas this year.
Is ROSE a Buy After The Latest Price Action? Find Out Here
Furniture Brands International, Inc.(NYSE:FBN) shares declined 4.44% to $1.29. The company’s Chairman and CEO Ralph Scozzafava on Mar. 12 received total compensation of $1.98 million last year, up 9 percent from $1.8 million in 2011. His 2012 compensation was comprised of a $750,000 salary; $591,000 in stock awards; $541,944 in non-equity incentive plan compensation; and $97,573 in all other compensation, according to a filing with the Securities and Exchange Commission.
Get latest News, Updates on FBN Here
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