Dallas, TX -- (SBWIRE) -- 03/19/2013 -- 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:-
Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA) shares fell 4.06% to $9.70. Unnim Banc SA announced that on March 15, 2013 Banco Bilbao Vizcaya Argentaria SA (BBVA) approved the Project of Merger by Incorporation of Unnim Banc SA into BBVA. BBVA is a majority shareholder of Unnim Banc SA. Under the terms of the agreement BBVA will acquire all the assets of Unnim Banc SA with all their rights and obligations, pursuant to the provisions of the Law 3/2009, April 3, on Structural Modifications of Corporations, as well as in accordance with the provisions of the Merger Project signed by the Board of Directors of BBVA and Unnim Banc SA on January 31, 2013.
How Should Investors Trade BBVA After The Recent Price movement? Find out Here
National Bank of Greece (ADR)(NYSE:NBG) shares declined 3.61% to $0.960. The company, on Mar. 8, announced that it will not proceed with a tender offer for the acquisition of all the shares of Eurobank Properties Real Estate Investment Co. The reason is the failure to obtain the required license from the Directorate General for Competition of the European Commission.
Is NBG a Strong Buying Opportunity After The Recent Slump? Find out Here
MEMC Electronic Materials, Inc.(NYSE:WFR) shares decreased 3.97% to $4.35. WFR’s stock had its target price cut by UBS AG from $5.50 to $5.25 in a research note issued to investors on Mar. 18. The firm currently has a buy rating on the stock.
Additionally, the company, on Mar. 13, said it is filing a Form 8-K with the Securities and Exchange Commission to provide the slides that will be presented later today at the company's Capital Markets Day in Belmont, California, as well as a 2013 financial outlook and details on a forthcoming company name change proposal to shareholders.
Is WFR a Buy After The Latest Price Action? Find Out Here
New York Mortgage Trust, Inc. (NASDAQ:NYMT) shares fell 3.97% to $7.26. Zacks cut shares of NYMT from a neutral rating to an underperform rating in a research note issued to investors on Mar. 13. The firm currently has $6.80 target price on the stock.
Additionally, the company, on Mar. 18, announced that its Board of Directors declared a regular quarterly cash dividend of $0.27 per share on shares of its common stock for the quarter ending March 31, 2013. The dividend will be payable on April 25, 2013 to common stockholders of record as of March 28, 2013.
Is NYMT a Buy After The Latest Price Action? Find Out Here
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