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:-
Kinross Gold Corporation (USA) (NYSE:KGC) shares jumped 4.24% and closed at $7.86 in the last trading session. The company, on Feb. 13, announced that for fiscal 2013, it expects to produce approximately 2.4-2.6 million gold equivalent ounces at a production cost of sales per gold equivalent ounce of $740-790.
How Should Investors Trade KGC After The Recent Price movement? Find out Here
Ixia (NASDAQ:XXIA) shares gained 4.22% to $22.24. The company, last month, said that it has linked with log and security information and event analysis provider LogRhythm, to develop a network security incident remediation product. According to Ixia, the new product uses automatic capture of network packets, to help detect and respond to network anomalies and threats.
Is XXIA a Strong Buying Opportunity After The Recent Slump? Find out Here
Arch Coal Inc (NYSE:ACI) shares jumped 4.21% and closed at $5.20. The company will begin trading ex-dividend on February 27, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased ACI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ACI has paid the same dividend.
Additionally, for the period ended Dec. 31, Arch Coal lost $295.4 million, or $1.39 per share. Excluding one-time items, Arch lost 42 cents per share in the quarter. Revenue fell to $968.2 million from $1.23 billion. Analysts expected a loss of 17 cents per share on $999.2 million in revenue.
Is ACI a Buy After The Latest Price Action? Find Out Here
Pan American Silver Corp. (USA) (NASDAQ:PAAS) shares climbed 4.20% to $16.11. Esperanza Resources Corp last week announced that it has entered into a binding letter agreement with Pan American Silver Corp (Pan American) whereby: Esperanza will acquire a portfolio of advanced stage gold projects.
Additionally, the company, on Feb. 20, announced that the its Board of Directors has approved the first quarterly cash dividend of 2013 and increased the amount of the quarterly cash dividend by 150% to $0.125 per common share, representing dividends of $0.50 per common share on an annual basis assuming the Board of Directors approves future quarterly dividends in this amount.
Is PAAS a Buy After The Latest Price Action? Find Out Here
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