Austin, TX -- (SBWIRE) -- 04/18/2013 -- Jackpotpennystocks.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-
Agnico-Eagle Mines Limited (USA) (NYSE:AEM) shares fell 4.82% to $31.02. The company, on April 9, announced that it has agreed to subscribe for 26,966,292 units ("Units") of Sulliden Gold Corporation Ltd. ("Sulliden") in a non-brokered private placement at a price of $0.89 per Unit for total consideration of $24,000,000.
Each Unit is comprised of one common share of Sulliden (a "Common Share") and 0.7 of one common share purchase warrant of Sulliden (each whole common share purchase warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share at a price of $1.31 for a period of two years from the closing date. Closing of the private placement is expected to occur on or about April 12, 2013.
Can AEM Recover After The Recent fall? Find Out Here
Yamana Gold Inc. (USA)(NYSE:AUY) shares fell 4.72% to $11.10. The company, on April 10, reported that it will release its first quarter 2013 results after market close on April 30, 2013 followed by a conference call and webcast on May 1, 2013 at 8:30 a.m. ET. The Company will host its annual meeting of shareholders on May 1, 2013 at 11:00 a.m. ET.
Additionally, analysts at Canaccord Genuity decreased their price target on shares of AUY on April 11 and the firm currently has a “buy” rating on the stock.
Can AUY Bounce To Move Higher? Find Out Here
Cincinnati Bell Inc. (NYSE:CBB) shares decreased 4.60% to $3.32. CBB’s stock on April 8 has been downgraded by TheStreet Ratings from hold to sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and weak operating cash flow.
Additionally, the company April 8 announced it will begin selling the new Sony Xperia? ZL, a premium smartphone with a razor-sharp 5-inch high-definition Reality Display. The Xperia ZL from Sony will be available from Cincinnati Bell online and in stores by May 1 for $249.99 after mail-in rebate with a two-year equipment agreement.
How Should Investors Trade CBB Now? Find Out Here
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