Dallas, TX -- (SBWIRE) -- 03/07/2013 -- 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:-
Invesco Mortgage Capital Inc. (NYSE:IVR) declined 2.78% and closed at $20.66 on a traded volume of 2.53 million shares. The Company announced that IAS Operating Partnership LP has agreed to sell in a private offering $350 million of its 5.00% Exchangeable Senior Notes due 2018. The Operating Partnership granted the initial purchasers a 30-day option to purchase up to an additional $50 million aggregate principal amount of the notes. The offering is expected to close on March 12, 2013, subject to the satisfaction of certain closing conditions.
How Should Investors Trade IVR After The Recent Price movement? Find out Here
Hovnanian Enterprises, Inc. (NYSE:HOV) went down 2.62% and closed at $5.94 on a traded volume of 16.94 million shares. The Company reported first quarter net loss of $11.3 million or $0.08 per share from $18.3 million or $0.17 per share in the prior year's fiscal first quarter. Analysts expected the company to report a loss of $0.10 per share for the quarter. Deliveries, including unconsolidated joint ventures, were 1,188 homes for the quarter compared to 1,012 homes in the 2012 first quarter.
Is HOV a Strong Buying Opportunity After The Recent Slump? Find out Here
Mindray Medical International Ltd (ADR) (NYSE:MR) went down 1.18% and closed at $37.69 on a traded volume of 1.04 million shares. So far this year, the stock is up over 15%. The 52-week range for the stock is $26.17 and $38.79. The Company manufactures, develops and markets electro-medical equipment covering three fields of patient monitoring, clinical laboratory and ultrasonic diagnosis. The Company offers three lines of products: patient monitors, laboratory instruments and ultrasound with Mindray brand to the international distributors.
Is MR a Buy After The Latest Price Action? Find Out Here
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