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Stocks to Watch: Cameco Corporation, Molson Coors Brewing Company, GrafTech International

 
 
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Lakeway, NY -- (SBWIRE) -- 03/12/2013 -- ThePennyStockProfiler.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:-

Cameco Corporation (USA) (NYSE:CCJ) shares jumped 2.48% and closed at $21.51 in the last trading session. The company, on Mar. 8, announced that Victor J. Zaleschuk will step down as Chairman of Cameco's Board of Directors following the corporation's annual general meeting on May 14, 2013. Cameco's board has selected A. Neil McMillan to succeed Zaleschuk as non-executive Chairman of the board, provided he is re-elected at Cameco's annual general meeting. Zaleschuk will continue to serve as a director if re-elected.

Get Latest News, Updates on CCJ Here

Molson Coors Brewing Company (NYSE:TAP) shares gained 2.51% to $48.56. Fitch Ratings has taken the rating actions on Molson Coors Brewing Company (Molson Coors) and its related entities on Mar. 11. Molson Coors' ratings are supported by its strong-to-competitive market share positions in large profitable mature beer markets.

Additionally, Miller Brewing Co, a subsidiary of SABMiller Plc, said on Feb. 27 it is terminating its Canadian license agreement with Molson Coors Brewing Co's Molson Coors Canada affiliate. Miller said it has provided Molson Coors Canada with the necessary 6-months' notice of termination, as of Jan. 18, 2013. The agreement is set to be terminated as of July 22.

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

GrafTech International Ltd (NYSE:GTI) shares gained 2.49% and closed at $7.01. Zacks upgraded shares of GTI from an underperform rating to a neutral rating in a research note issued to investors on Feb. 26. The firm currently has $8.70 target price on the stock.

Additionally, the company released its earnings data on February 26. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.21 by $0.04. The company had revenue of $371.00 million for the quarter, compared to the consensus estimate of $317.10 million.

Is GTI Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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