Stocks Recap: MasTec, Valero Energy Corporation, Celgene Corporation, Garmin Ltd

Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- 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:-

MasTec, Inc. (NYSE:MTZ) shares gained 2.29% to $30.78. The company, on Mar. 1, announced that it will offer $350,000,000 aggregate principal amount of senior notes in a registered public offering. The senior notes will be MasTec's senior unsecured unsubordinated obligations and will rank equally in right of payment with any existing and future unsubordinated debt, and senior in right of payment to any existing and future subordinated debt. The senior notes will be effectively junior to MasTec's secured debt, including MasTec's existing credit facility, to the extent of the value of the assets securing that debt.

How Should Investors Trade MTZ After The Recent Movement? Find Out Here

Valero Energy Corporation (NYSE:VLO) shares jumped 2.28% and closed at $46.63 in the last trading session. The company announced that Bill Klesse, Chairman and CEO of Valero Energy Corporation, will present at the Bank of America Merrill Lynch Refining Conference on Thursday, March 7 at 7:55 a.m. Eastern Time. The company is an international manufacturer and marketer of transportation fuels, other petrochemical products and power.

Is VLO Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Celgene Corporation (NASDAQ:CELG) shares gained 2.28% to $105.62. The company plans to present at two upcoming investor conferences. The conferences will be webcast live and will be available in the Investor Relations section of the Company's Web site on Tuesday, March 5, 2013 Celgene will present at the Cowen and Company 33rd Annual Health Care Conference at 11:20 a.m. ET.

Is CELG a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Garmin Ltd. (NASDAQ:GRMN) shares gained 2.27% to $35.14. Garmin International Inc., a unit of GRMN, on Feb. 26, announced that Piper Aircraft has selected the G1000 all-glass, integrated flight deck for its twin-class Seneca V model, introduced at the Australian International Airshow and Aerospace and Defence Exposition.
Additionally, the company, on Feb. 20, announced that its Board of Directors authorized the Company to repurchase up to $300 million of the Company’s shares as market and business conditions warrant through December 31, 2014.

How Should Investors Trade GRMN After The Latest Earnings Report? Find Out Here

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