Critical Insider Analysis: MGM Resorts International, Groupon Inc, Gilead Sciences, Barrick Gold Corporationadmin
New York, December 17, 2013 / Accesswire / – Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for MGM Resorts International (NYSE:MGM), Groupon Inc (NASDAQ:GRPN), Gilead Sciences, Inc. (NASDAQ:GILD), Barrick Gold Corporation (USA) (NYSE:ABX).
MGM Resorts International (NYSE:MGM) shares increased 2.41% to $21.71. The company on Dec. 16 announced that it has priced a public offering of $500 million in aggregate principal amount of 5.25% senior unsecured notes due March 31, 2020 at par. The transaction is expected to close on December 19, 2013. The Company plans to use the net proceeds of the offering for general corporate purposes, which may include repaying a portion of its outstanding 5.875% senior notes due February 2014 at maturity.
Additionally, Moody’s Investors Service on Dec. 16 assigned a B3 rating to MGM Resorts International’s (“MGM”) proposed $500 million senior unsecured guaranteed note offering. Moody’s affirmed the company’s B2 Corporate Family and Probability of Default ratings, Ba2 senior secured ratings, B3 senior unsecured ratings, and (P)Caa1 senior subordinated ratings. MGM has an SGL-3 Speculative Grade Liquidity rating and a stable rating outlook.
Free Urgent Insider Catalyst Report For MGM Available Here: http://marketbuzzreport.com/index.php?code=MGM%20 (Or Copy and paste the URL into your browser)
Groupon Inc (NASDAQ:GRPN) shares gained 1.17% to $10.36. The company on Dec. 13 announced that Breadcrumb PRO (https://breadcrumb.groupon.com/pro), the company’s iPad point-of-sale system for bars and restaurants, is sponsoring Jon Taffer’s, the host and executive producer of Spike TV’s Bar Rescue (http://www.spike.com/shows/bar-rescue), 2013-2014 Rescue Tour. The tour, which is presented by Nightclub & Bar Media Group provides bar owners and their employees with a unique opportunity to learn from Jon Taffer and other industry leaders on the best practices and techniques they need to be successful in the bar and nightlife industry.
Additionally, the company on Dec. 12 said it is offering a local deal to experience the treasures of Tahiti, Fiji, Samoa and more at the Polynesian Cultural Center in Honolulu. There are four options for general admission available at http://www.groupon.com/deals/polynesian-cultural-center-1.
Free Urgent Insider Catalyst Report For GRPN Available Here: http://marketbuzzreport.com/index.php?code=GRPN (Or Copy and paste the URL into your browser)
Gilead Sciences, Inc.(NASDAQ:GILD) shares increased 0.03% to $71.42. The company on Dec.16 announced that Health Canada has issued a Notice of Compliance for Sovaldi™ (sofosbuvir) 400 mg tablets, a once-daily oral nucleotide analog polymerase inhibitor for the treatment of chronic hepatitis C (CHC) infection. Sovaldi is indicated for use in adult patients with compensated liver disease, including cirrhosis, for the treatment of genotype 1 or 4 CHC in combination with pegylated interferon and ribavirin, and for the treatment of genotype 2 or 3 CHC in combination with ribavirin.
Additionally, the company on Dec. 13 announced that the U.S. Food and Drug Administration (FDA) has approved the single tablet HIV-1 regimen Complera® (emtricitabine/rilpivirine/tenofovir disoproxil fumarate) for use in certain virologically-suppressed (HIV RNA).
Free Urgent Insider Catalyst Report For GILD Available Here: http://marketbuzzreport.com/index.php?code=GILD (Or Copy and paste the URL into your browser)
Barrick Gold Corporation (USA) (NYSE:ABX) shares gained 1.85% to $17.05. Barrick Gold Corp is reducing its headcount on the Argentine side of its suspended Pascua-Lama gold mine project, by 1,500 workers, says Reuters on Dec. 14.
Additionally, the company on Dec. 4 announced that its Founder and Chairman, Peter Munk, will retire as Chairman of Barrick and will step down from the company’s Board of Directors at the 2014 Annual Meeting of Shareholders (AGM). Mr. Munk founded Barrick in 1983, growing the company from a small junior producer with one mine into the global gold industry leader and a Canadian champion, with operations on five continents.
Free Urgent Insider Catalyst Report For ABX Available Here: http://marketbuzzreport.com/index.php?code=ABX (Or Copy and paste the URL into your browser)
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Posted: December 17th, 2013 under ACCESSWIRE.