The Exxon Mobil Corporation (NYSE:XOM) On Mar. 17 announced a new five-part US dollar benchmark bond to price later in the day. The company announced 3-year and 5-year fixed and/or floating-rate tranches as well as a 10-year issue. HSBC, JP Morgan and Morgan Stanley are the active bookrunners on the deal. Bank of America Merrill Lynch, Barclays and Citi are passive books. Exxon Mobil Corporation (NYSE:XOM) shares after opening at $94.41 moved to $95.25 on last trade day and at the end of the day closed at $94.71. Company price to sales ratio in past twelve months was calculated as 0.98 and price to cash ratio as 88.96. Exxon Mobil Corporation (NYSE:XOM) showed a positive weekly performance of 0.74%.
Soros Fund Management LLC, the hedge fund headed by billionaire investor George Soros, increased its stake in Penn Virginia Corporation (NYSE:PVA) to 6,003,509 shares or 9.18% based on its latest 13D filed with the Securities and Exchange Commission (SEC) on Wednesday, March 12th.Penn Virginia Corporation (NYSE:PVA) shares advanced 15.58% in last trading session and ended the day on $15.73. PVA return on equity ratio is recorded as -17.90% and its return on assets is -6.50%. Penn Virginia Corporation (NYSE:PVA) yearly performance is 234.68%.
AK Steel Holding Corp. (NYSE:AKS)‘s stock had its “outperform” rating reiterated by Zacks in a note issued to investors on Tuesday, American Banking News.com reports. They currently have a $7.25 price target on the stock. Zacks‘s price objective would suggest a potential upside of 18.46% from the stock’s previous close. AK Steel Holding Corporation (NYSE:AKS) shares moved up 6.54% in last trading session and was closed at $6.52, while trading in range of $6.03-$6.59. AK Steel Holding Corporation (NYSE:AKS) year to date performance is -20.49%.
The IAMGOLD Corp (USA) (NYSE:IAG) On Mar. 6 announced that it has finalized a five-year option agreement with Sarafina N.V. under which IAMGOLD’s subsidiary, Rosebel Gold Mine (“RGM”) may earn a 100% interest in Sarafina’s 10,000 hectare mining concession, located 25 kilometres from the Rosebel Gold Mine in Suriname. The Company may exercise its right to purchase the property at any time for a cash purchase price of US$1 million. To maintain this purchase option, RGM is required to make scheduled option payments totaling US$575,000 over five years. IAMGOLD Corp (USA) (NYSE:IAG) weekly performance is 3.49%. On last trading day company shares ended up $3.85. IAMGOLD Corp (USA) (NYSE:IAG) distance from 50-day simple moving average is 1.32%. Analysts mean target price for the company is $4.58.