Stamford, CT -- (SBWIRE) -- 09/09/2013 -- High Rising Stocks provides investors with the hottest penny stock alerts on a regular basis. Our Penny Stock Newsletter will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: Smithfield Foods, Inc. (NYSE:SFD), Rite Aid Corporation (NYSE:RAD), Huntington Bancshares Incorporated (NASDAQ:HBAN), Cliffs Natural Resources Inc(NYSE:CLF)
Smithfield Foods, Inc. (NYSE:SFD) shares gained 0.77% to $34.18. Shuanghui International Holdings Limited and Smithfield Foods, on Sept. 6 announced that the companies have received clearance on their proposed transaction from the Committee on Foreign Investment in the United States (CFIUS). Smithfield and Shuanghui International also announced that the parties have received governmental merger clearance in Ukraine.
The transaction remains subject to Smithfield shareholder approval and other customary closing conditions. Smithfield's shareholders are scheduled to vote on the transaction at a special shareholders meeting on Tuesday, September 24, 2013. Shuanghui International and Smithfield expect the transaction to close shortly thereafter.
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Rite Aid Corporation (NYSE:RAD) shares gained 1.43% to $3.54. The company said that it will release financial results for its Fiscal 2014 Second Quarter, which ended Aug. 31, 2013, on Thursday, Sept. 19, 2013. The company will hold an analyst call at 8:30 a.m.Eastern Daylight Time (5:30 a.m. Pacific Time) with remarks by Rite Aid's management team.
Additionally, the company on Sept. 9 announced a set of comprehensive resources to help customers better understand the Affordable Care Act and to provide them with information they can use to help them make the best health insurance choices for themselves and their families.
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Huntington Bancshares Incorporated (NASDAQ:HBAN) shares declined 0.82% to $8.45. The company on August 30 announced that Gregory A. Smith was named president of Cincinnati-based Haberer Registered Investment Advisor, Inc., a wholly-owned subsidiary of the Huntington National Bank. Smith will report to Steven Short, executive vice president and director of Huntington Wealth Advisors.
Additionally, Huntington Asset Services, Inc., a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN;www.huntington.com), on August 19 has extended its relationship with Dean Family of Funds through December 2015. Dean has been a Huntington Asset Services client since November 1999.
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Cliffs Natural Resources Inc(NYSE:CLF) shares increased 4.99% to $22.94. The company on August 29 announced that the United Steelworkers Union local membership have ratified a three-year labor contract agreement for its Bloom Lake Mine in Fermont, Quebec. The new labor agreement covers approximately 300 represented workers.
Duke Vetor, executive vice president, global operations services, commented, "We are pleased to reach a new labor contract with mutually aligned performance objectives that is fair and equitable to both parties. This labor agreement provides Cliffs with a sustainable cost structure and a highly skilled workforce that will be key to our ability to stay competitive in a challenging global market. Cliffs values our longstanding relationship with the United Steelworkers and we are pleased to begin this new chapter in Quebec."
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