Dallas, TX -- (SBWIRE) -- 03/06/2013 -- 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:-
Gevo, Inc. (NASDAQ:GEVO) shares jumped 4.30% to $1.94 after the company yesterday announced its financial results for the three months ended December 31, 2012. Revenues for the fourth quarter of 2012 were $1.9 million compared to $17.2 million in the same period in 2011. The net loss for the fourth quarter of 2012 was $13.2 million compared to $14.2 million for the fourth quarter of 2011.
How Should Investors Trade GEVO After The Recent Price movement? Find out Here
MGIC Investment Corp. (NYSE:MTG) shares jumped 10.67% to $5.92 after the company yesterday announced that it has commenced a public offering of 135 million shares of its common stock and $350 million aggregate principal amount of its convertible senior notes due 2020. The convertible senior notes will be convertible into shares of the Company's common stock. The Company intends to grant to the underwriters a 30-day option to purchase up to an additional 15 percent of the number of shares offered and an option to purchase up to an additional $50 million aggregate principal amount of the convertible senior notes. Neither the offering of the common stock nor the offering of convertible senior notes will be contingent on the completion of the other offering.
Is MTG a Strong Buying Opportunity After The Recent Slump? Find out Here
Trina Solar Limited (ADR) (NYSE:TSL) shares is trading at $4.15. The 52 week trading range for the company is $2.04 - $10.28. The shares of the company declined 53% in the last one year. The company is an integrated solar-power products manufacturer based in China with a global distribution network covering Europe, North America and Asia.
Is TSL a Buy After The Latest Price Action? Find Out Here
Harvest Natural Resources, Inc. (NYSE:HNR) stock jumped 3.37% to $5.52. The company, on Feb. 20, announced the Share Purchase Agreement (SPA) between PT Pertamina (Persero) and HNR Energia B.V., a wholly owned subsidiary of Harvest, for the purchase of Harvest's interests in Venezuela for $725 million has been terminated as a result of the Government of Indonesia, in capacity as sole shareholder of PT Pertamina (Persero), voting not to approve the transaction. The SPA, announced on June 21, 2012, the approval of the Government of the Bolivarian Republic of Venezuela and a majority of Harvest's stockholders.
Get latest News, Updates on HNR Here
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