Watch List: Plug Power Inc, Valero Energy Corporation, American International Group, Molycorp Incadmin
New York, December 04, 2013 /Accesswire/ – Market Buzz Report, a leading penny stock newsletters provider, issues major news alert for Plug Power Inc(NASDAQ:PLUG), Valero Energy Corporation (NYSE:VLO), American International Group Inc (NYSE:AIG), Molycorp Inc. (NYSE:MCP).
Power Inc(NASDAQ:PLUG) soars in early trading after the company provides a
positive business update.The alternative fuel cell provider says it has seen an
extra $17.8M in orders since a previous update on October 8 and that it’s on
track for a “blowout” quarter. Revenue of $30M-$40M for Q4 is now
Free Urgent Insider Catalyst Report For PLUG Available Here: http://marketbuzzreport.com/index.php?code=PLUG (Or Copy and paste the URL into your browser)
Valero Energy Corporation (NYSE:VLO) shares closed at $46.77 in the last trading session. The company on Dec. 2 announced that it has commenced an initial public offering of 15,000,000 common units representing limited partner interests pursuant to a Registration Statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission (“SEC”). The underwriters of the offering are expected to be granted a 30-day option to purchase up to an additional 2,250,000 common units from Valero Energy Partners. The common units are expected to trade on the New York Stock Exchange under the ticker symbol “VLP.”
Free Urgent Insider Catalyst Report For VLO Available Here: http://marketbuzzreport.com/index.php?code=VLO (Or Copy and paste the URL into your browser)
Additionally, the company on Nov. 8 said its Board of Directors has declared a regular quarterly cash dividend on the company`s common stock of $0.225 per share. The dividend is payable on December 18, 2013 to holders of record at the close of business on November 27, 2013. The company is an international manufacturer and marketer of transportation fuels, other petrochemical products and power.
American International Group Inc (NYSE:AIG) shares closed at $48.65. The company on Nov. 6 has agreed to settle a $274 million lawsuit by a former executive who said the insurer refused to pay him during the financial crisis in 2008. The settlement came as a trial was due to have begun Tuesday in a federal court in New York, which was expected to reopen the issue of executive pay at AIG. The group was bailed out by the U.S. government in the crisis.
Free Urgent Insider Catalyst Report For AIG Available Here: http://marketbuzzreport.com/index.php?code=AIG (Or Copy and paste the URL into your browser)
Molycorp Inc. (NYSE:MCP) shares closed at $5.12. The company on Nov. 7 reported a wider third-quarter loss as prices for rare earth metals remained weak. Molycorp’s loss attributable to common shareholders was $65.5 million, or 43 cents a share, in the three months to end-September compared with a loss of $11.5 million, or 19 cents, a year earlier. Net revenues for the quarter were $149.1 million, up 9% from the second quarter of the year. The increase in revenues was primarily attributable to higher product volumes and slightly higher ASPs in the Chemicals and Oxides segment and higher product volumes for its Magnetic Materials and Alloys segment.
Free Urgent Insider Catalyst Report For MCP Available Here: http://marketbuzzreport.com/index.php?code=MCP (Or Copy and paste the URL into your browser)
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Posted: December 4th, 2013 under ACCESSWIRE.