Las Vegas, NV -- (SBWIRE) -- 01/29/2013 -- PennyStockParlay.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:-
Transocean LTD (NYSE:RIG) shares jumped 2.48% and closed at $58.17 in the last trading session. Activist capitalist Carl Icahn inflated his stake in Transocean to 5.6% and was seeking regulative approvals to accumulate shares price over $682 million which might build him one among the Transocean’s largest shareholders with a stake of over five-hitter and urged the offshore oil-drilling contractor to declare least $4 dividend per share as he believes its shares area unit undervalued and if it doesn’t declares he can propose it himself at the company’s next annual meeting.
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Groupon Inc (NASDAQ:GRPN) shares gained 2.47% to $5.40. On Jan. 22, Milberg LLP announces that a class action lawsuit has been filed in the United States District Court for the Northern District of Illinois on behalf of purchasers of Groupon, Inc. common stock between May 14, 2012 and November 8, 2012, inclusive (the "Class Period").
Additionally, the company, last week, has stopped all current and future gun-related deals, apparently bowing to customer pressure a month after the deadly mass shooting at Sandy Hook School in Newtown, Conn.
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Sunstone Hotel Investors Inc (NYSE:SHO) shares climbed 2.47% and closed at $12.05. The company announced that it has agreed to sell 17,250,000 shares of its common stock in an underwritten public offering. The underwriter may offer shares of common stock in transactions of the NYSE, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices.
Additionally, SHO) had its target price lifted by Stifel Nicolaus from $12.00 to $14.00 in a research note issued to investors yesterday. The firm currently has a buy rating on the stock.
Get More latest News, Rumors and Updates On SHO SHO
salesforce.com, inc. (NYSE:CRM) shares increased 2.42% to $178.07 in yesterday’s session. The company, on Jan. 26, plans a four-for-one stock split that would make each of its shares more “affordable and attractive” to more investors. The San Francisco-based company will hold a meeting at its headquarters on March 20 for shareholders to approve a higher share count. The proposal would let Salesforce issue as many as 1.61 billion shares, from the 405 million it can currently issue.
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Wabash National Corporation (NYSE:WNC) shares gained 2.38% to $10.74 after WNC) had its target price boosted by FBR Capital from $12.00 to $17.50 in a report issued yesterday. They currently have an outperform rating on the stock.
Additionally, the company, on Jan. 25, announced that it has entered into a definitive agreement to acquire certain assets of the tank and trailer business of Beall Corporation, a Portland, Oregon-based manufacturer of aluminum tank trailers and related equipment, for approximately $15 million in cash. The acquisition is expected to close during the first quarter of 2013.
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