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Los Angelas, CA -- (SBWIRE) -- 01/17/2013 -- Valero Energy Corporation (NYSE:VLO) insiders have sold a total of US$13.14 million in shares, which ranged in price from US$28.54 to US$34.06 each. Shares of Valero Energy made a new 52-week high of US$37.01 in the session. By market close, the stock soared US$0.99 (or 2.77%) to settle at US$36.79.
How Should Investors Trade VLO After The Recent Volatile Moves? Find Out Here
Cliffs Natural Resources Inc (NYSE:CLF) moved down 2.50% and closed at $35.88 on a traded volume of 7.33 million shares. According to report from Reuters, Cliffs Natural Resources and Anglo American Plc are set to divest their Amapa iron ore operation in Brazil to a single entity. The Company stated that the value of Amapa will be adjusted to reflect the fair value of its investment. The Companies did not disclose the value of the deal.
Is CLF Showing Any Sign of Buy At The Current Market Price? Find Out Here
Cobalt International Energy, Inc. (NYSE:CIE) stock fell 7.14% to $24.84 after the company yesterday announced the pricing of a previously announced registered underwritten public offering of 40,000,000 shares of its common stock, all of which will be sold by selling stockholders. The underwriters of this offering have been granted an option, exercisable within 30 days, to purchase up to an additional 6,000,000 shares of common stock from certain of the selling stockholders on the same terms and conditions. Cobalt will not receive any of the proceeds from the sale of the shares of common stock.
What impact would it Leave on CIE’s Stock Price amid High Volatility? Find Out Here
Barrick Gold Corporation (USA) (NYSE:ABX) shares went down -1.30% and closed at $34.14 in the last trading session and its overall traded volume was 8.23 million shares. Its opening price was $34.43 and the stock hit the day high price of $34.46 and day low of $34.03.
Will New Regulations Weigh over Barrick Gold Revenue Stream? Find Out Here
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