Dallas, TX -- (SBWIRE) -- 03/22/2013 -- 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:-
Nordic American Tanker Ltd (NYSE:NAT) increased 3.91% and closed at $10.64 on a traded volume of 1.18 million shares. The Company has entered into a preliminary agreement to acquire its twenty-first vessel, a very modern double-hull Suezmax tanker delivered from a top yard in South Korea earlier this year. The agreed purchase price is in the region of $55 million. This first class vessel is expected to be delivered to us no later than May 15, 2013. The acquisition will be financed from the financial resources of the Company.
How Should Investors Trade NAT After The Recent Price movement? Find out Here
NovaGold Resources Inc. (USA) (NYSEAMEX: NG) soared 3.85% and closed at $4.05 on a traded volume of 1.24 million shares. The Company will release its first quarter financial results after market close April 10, 2013.
Is NG a Strong Buying Opportunity After The Recent Slump? Find out Here
AstraZeneca plc (ADR) (NYSE:AZN) went up 3.83% and closed at $47.95 on a traded volume of 5.38 million shares. AstraZeneca outlined a major restructuring of its business on including some 2,300 job cuts worldwide as it overhauls its research operations. The cuts come only three days after the company axed 1,600 research positions, bringing the total number of cuts to more than 11,000 in the past 13 months.
Is AZN a Buy After The Latest Price Action? Find Out Here
FleetCor Technologies, Inc. (NYSE:FLT) moved up 3.79% and closed at $72.38 on a traded volume of 1.99 million shares. Last week, the Company has signed definitive documents to acquire a mobile business that tracks the location of mobile workers in field based businesses.
Is FLT a Buy After The Latest Price Action? Find Out Here
IAMGOLD Corporation (USA) (NYSE:IAG) soared 3.76% and closed at $7.18 on a traded volume of 5.82 million shares. The Company announced that the gold processing plant at the Westwood Mine in Quebec has started up. Initially processing stockpiled ore from the adjacent Mouska Mine, in 2013 the plant is expected to produce approximately 140,000 ounces of gold, 60,000 ounces from the 30-year old Mouska Mine and approximately 80,000 ounces from the new Westwood Mine. The first gold pour, which is expected at the end of March, will likely be sold to a refinery in the second quarter of 2013.
How Should Investors Trade IAG After The Recent Price movement? Find out Here
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