Stocks Recap: Yandex NV, Atlantic Power Corp, American Capital Mortgage Investment Crp, Rite Aid Corporation

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:-

Yandex NV (NASDAQ:YNDX) shares declined 3.16% and closed at $22.82. The company, on Mar. 18, announced the closing of the previously announced underwritten public offering by selling shareholders of an aggregate of 26,679,386 Class A shares, including 2,425,399 additional Class A shares sold pursuant to an option granted to the underwriters. The public offering price was $22.75 per share. Yandex will not receive any proceeds from the offering.

Is YNDX a Strong Buy After The Recent Gain? Let’s Find out Here

Atlantic Power Corp (NYSE:AT) shares climbed 3.18% and closed at $5.18. The company, on Mar. 11, announced that a subsidiary of the Company has entered into a purchase and sale agreement (the "Agreement") with Duke-American Transmission Company, LLC, a joint venture between Duke Energy and American Transmission Co., to sell the Company's interests in the Path 15 transmission project (the "Sale"), including Atlantic Path 15 Transmission, LLC, Atlantic Holdings Path 15, LLC and Atlantic Path 15, LLC.

Is AT a Strong Buying Opportunity After The Recent Slump? Find out Here

American Capital Mortgage Investment Crp (NASDAQ:MTGE) shares gained 3.15% to $25.48. MTGE’s stock had its target price trimmed by Deutsche Bank from $29.50 to $27.75 in a report issued on Feb. 15. They currently have a buy rating on the stock. Additionally, analysts at Maxim Group raised their price target on shares of American Capital Mortgage Investment Crp from $27.50 to $29.00 in a research note to investors last month. They now have a buy rating on the stock.

Should Investors Consider MTGE After The Recent price Action? Get Free Trend Analysis Here

Rite Aid Corporation (NYSE:RAD) shares decreased 3.12% to $1.86. The company on Feb.27, announced the two winners of the 2012 Favorite Pharmacy Team Member contest are a pharmacy technician from Ada, Ohio, and a long-time customer of the Birmingham, Mich., store. Both were selected at random from more than 13,000 entries in the annual contest honoring Rite Aid's pharmacy team members for their commitment to customer care and service.
Additionally, to help busy bunnies make quick work of their Easter preparations, Rite Aid stores nationwide are stocked with all sorts of candy, baskets, decor, toys and novelties plus garden gadgets and yard toys to herald the start of spring.

Should Investors Consider RAD After The Recent price Action? Get Free Trend Analysis Here

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