Dallas, TX -- (SBWIRE) -- 03/13/2013 -- 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:-
Apple Inc. (NASDAQ:AAPL) declined 2.16% and closed at $428.43 on a traded volume of 16.64 million shares. The research house IDC predicted that shipments of tablets running Google Inc's Android will overtake the iPad this year for the first time as Apple Inc. cedes more mobile market share to hard-charging rivals around the globe. iPad and iPhone shipments are expected to keep growing at enviable rates, but arch-rival Samsung Electronics and others have hurt Apple with a combination of savvy marketing, greater variety and rapid technology adoption.
How Should Investors Trade BKS After The Recent Price movement? Find out Here
MGIC Investment Corp. (NYSE:MTG) decreased 2.14% and closed at $5.02 on a traded volume of 22.08 million shares. The Company announced that it received proceeds from its previously announced concurrent public offerings of common stock and 2.00% convertible senior notes due 2020. The Company sold 135 million shares of Common Stock and $500 million principal amount of notes and received aggregate net proceeds of approximately $1.15 billion.
Is MTG a Strong Buying Opportunity After The Recent Slump? Find out Here
Herbalife Ltd. (NYSE:HLF) decreased 2.13% and closed at $40.38 on a traded volume of 4.69 million shares. The 52-week range for the stock is $24.24 and $73.0. The Company has Price/Sales ratio of 1.02 and Price/Book ratio of 10.26. The 50-Day Moving Average and 200-Day Moving Average prices is $38.69 and $44.12 respectively.
Is HLF a Buy After The Latest Price Action? Find Out Here
Brookfield Asset Management Inc. (USA) (NYSE:BAM) was down 2.10% and closed at $36.86 on a traded volume of 3.89 million shares. Recently, Brookfield Renewable Energy Partners L.P. and Brookfield Asset Management announced a bought-deal secondary offering with a syndicate of underwriters led by Scotiabank, CIBC, RBC Capital Markets and TD Securities Inc. through which a wholly-owned subsidiary of Brookfield has agreed to sell 8,065,000 L.P. units of Brookfield Renewable at an offering price of $31.00 per L.P. unit.
Is BAM a Buy After The Latest Price Action? Find Out Here
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