Hot S&P Stock Gainers (LSI, HIG, ZION, MEE, AA, LNC)
S&P Stock Gainers.
(EMAILWIRE.COM, March 17, 2010 ) Dallas, Tx - LSI Corporation (NYSE:LSI) is the biggest gainer and soared 10.50% to $6.43 after making a new 52-week high of $6.55 earlier in the session. The company expects its first-quarter results to be between a loss of $0.03 per share and earnings of $0.04 per share, with revenue of $620 million to $640 million. Analysts expect LSI to report earnings of $0.07 per share and revenue of $603 million.
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Hartford Financial Services (NYSE:HIG) surged 5% to $28.60 after it said that it will sell $2.38 billion in stock and debt in order to repay its indebtedness under the government's Troubled Asset Relief Program (TARP). HIG plans to buy back $3.4 billion in preferred shares issued to the Treasury Department last year, although the insurance issue has no plans to repurchase the Treasury's warrants to purchase 52 million shares at $9.79 each.
Zions Bancorporation (NASDAQ:ZION) rose 4.41% to $23.20 after hitting a new 52-week high of $23.65 earlier in the session.
Massey Energy Company (NYSE:MEE) shares trading higher by 6% to $53.23 after hitting a fresh 52-week high of $53.53a after it announced a definitive agreement to acquire Cumberland Resources yesterday evening. The deal is worth $960 million in cash and stock, according to the press release. The deal with Cumberland Resources Corp. will see Massey Energy Company buying its privately held rival for $640 million in cash and $320 million in stock.
Alcoa Inc. (NYSE:AA) surged 4.71% to $14.45 after on higher commodities prices.
Lincoln National Corporation (NYSE:LNC) surged 5.13% to $29.93 on high volume after BofA Merrill Lynch upgraded the company’s share from Neutral to Buy and raised the price target by $5 to $33.
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Hartford Financial Services (NYSE:HIG) surged 5% to $28.60 after it said that it will sell $2.38 billion in stock and debt in order to repay its indebtedness under the government's Troubled Asset Relief Program (TARP). HIG plans to buy back $3.4 billion in preferred shares issued to the Treasury Department last year, although the insurance issue has no plans to repurchase the Treasury's warrants to purchase 52 million shares at $9.79 each.
Zions Bancorporation (NASDAQ:ZION) rose 4.41% to $23.20 after hitting a new 52-week high of $23.65 earlier in the session.
Massey Energy Company (NYSE:MEE) shares trading higher by 6% to $53.23 after hitting a fresh 52-week high of $53.53a after it announced a definitive agreement to acquire Cumberland Resources yesterday evening. The deal is worth $960 million in cash and stock, according to the press release. The deal with Cumberland Resources Corp. will see Massey Energy Company buying its privately held rival for $640 million in cash and $320 million in stock.
Alcoa Inc. (NYSE:AA) surged 4.71% to $14.45 after on higher commodities prices.
Lincoln National Corporation (NYSE:LNC) surged 5.13% to $29.93 on high volume after BofA Merrill Lynch upgraded the company’s share from Neutral to Buy and raised the price target by $5 to $33.
ABOUT http://www.SuperHotPennyStocks.com
Super Hot Penny Stocks alerts its members through its stock newsletters so that they can invest wisely. Thousands of investors receive our daily stock alerts and have made huge gains in the penny stocks. You can also take advantage of the information provided, to be really successful in the stock market business. We also track various hot stocks of the day, top gainers,52 week high and much more. You can also feature your web link on our website by contacting us through email.
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This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Super Hot Penny Stocks
Robert
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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