IAMGOLD Corp. (USA) (NYSE:IAG) recently declared its 2013 year-end mineral reserve and resource statement. Major Highlights shows that Total attributable proven and probable gold reserves decreased by 11% or 1.2 million ounces (after depletion) to 10.1 million ounces of gold at the end of 2013 mainly impacted by Rosebel (-1.4 million ounces) as a result of mining parameter changes reflecting higher costs associated to hard rock mining and Sadiola (-0.7 million ounces) due to change in gold price assumptions used, partially offset by an increase at Essakane (+0.8 million ounces) due to positive drilling results. IAMGOLD Corp (USA) (NYSE:IAG) stock opened at $3.92 in last session, and closed at $4.06, while the day range of stock is $3.77 – $4.07. The stock showed a positive weekly performance of 4.64%.
Alpha Natural Resources, Inc. (NYSE:ANR) last week had its stock price objective and rating by several investment analysts and brokerages tracking the company. Analysts at Barclays lowered their price target on the stock to $6 from $7 and planted and “equal-weight” rating. Alpha Natural Resources, Inc. (NYSE:ANR) stock opened at $5.24, in last session and closed at $5.18, by losing -1.33%. The 52 week range of the stock is $4.78 – $9.69. Company’s market capitalization is $1.14 billion.
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Zale Corporation (NYSE: ZLC) by Signet Jewelers Limited . On February 19, 2014, the companies announced the signing of a definitive agreement pursuant to which Signet will acquire all outstanding shares of Zale stock for $21.00 per share in cash. Zale Corporation (NYSE:ZLC) stock advanced 0.33% and finished the last session at $20.99. The EPS of the stock remained 0.07. Company’s market capitalization is $689.50 million.
MannKind Corporation (NASDAQ:MNKD)’s shares gained 2.20% to $6.04. The company on Feb. 18 reported financial results for the fourth quarter and full year ended December 31, 2013. The net loss applicable to common stockholders for fiscal year 2013 was $(191.5) million, or $(0.64) per share based on 299.6 million weighted average shares outstanding, compared with a net loss applicable to common stockholders of $(169.4) million, or $(0.94) per share based on 180.9 million weighted average shares outstanding for fiscal year 2012. MannKind Corporation (NASDAQ:MNKD) stock opened the session at $5.98, and closed the session at $5.96. The 52 week range of the stock remained $2.46 – $8.70 and the day range was $5.81 – $6.09.
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