Noranda Aluminum Holding Corporation (NYSE:NOR) announced the commencement of a secondary public offering of 10,000,000 shares of the Company’s common stock by certain funds affiliated with Apollo Global Management, LLC (the “Selling Stockholders”). The Company itself is not selling any shares and will not receive any proceeds from the proposed offering. Noranda Aluminum Holding Corporation (NYSE:NOR) stock opened at $4.51 in last session, and closed at $4.39, while the day range of Noranda Aluminum Holding Corporation (NYSE:NOR) stock is $4.26 – $4.58. The stock showed a positive weekly performance of -4.15%.
Energy XXI (Bermuda) Ltd. (NASDAQ:EXXI) shareholders are expected to own about 77 percent of the combined company, with EPL stockholders owning the remaining 23 percent. Energy XXI (Bermuda) Limited (NASDAQ:EXXI) stock opened at $21.49 in last session, and closed at $21.54 by losing -7.83%. The 52 week range of $20.40 – $33.93. Company’s market capitalization is $1.59 billion.
Hyperdynamics Corporation (NYSE:HDY) said U.K’s Tullow Oil Plc, its partner in an offshore exploration block in Guinea, claimed that U.S. regulatory investigations into the U.S. company constituted a force majeure. Hyperdynamics Corporation (NYSE:HDY) stock decreased -58.37% and finished the last session at $2.19. The EPS of the stock remained -0.95. Company’s market capitalization is $46.09 million.
The Minnesota Department of Natural Resources has received more than 40,000 comments on the proposed PolyMet Mining Corp. (USA) (NYSEMKT:PLM) copper mine near Hoyt Lakes and expects thousands more by the time the public comment period officially closes Thursday afternoon. PolyMet Mining Corp. (USA) (NYSEMKT:PLM) stock opened the session at $1.50, and closed the session at $1.30. The 52 week range of the PolyMet Mining Corp. (USA) (NYSEMKT:PLM) stock remained $0.67 – $1.56 and the day range was $1.22 – $1.50.