Harwood Feffer LL Pis investigating potential claims against the board of directors of AMCOL International Corporation (NYSE:ACO) concerning the proposed acquisition of the Company by Imerys S.A. (“Imerys”). On February 12, 2014, AMCOL announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by Imerys. Under the terms of the agreement, AMCOL shareholders will receive $41 per share held. AMCOL International Corporation (NYSE:ACO) stock opened at $ 41.20 in last trading session, and closed at $41.24, trading in the range of $41.17 – $41.67. The stock showed a positive weekly performance of 17.06%.
Saratoga Resources, Inc. (NYSEMKT:SARA) announced they will present at The Oil & Services Conference, hosted by EnerCom, Inc. The presentation will be at 8:25 AM PT (10:25 CT, 11:25 ET) on Wednesday February 19, 2014. Mr. Andy Clifford, President of Saratoga Resources, will be making the presentation which will be web cast and can be viewed at the Company website, www.saratogaresources.com. Saratoga Resources, Inc. (NYSEMKT:SARA) shares closed at $ 1.14 on last trade day, by gaining 8.58%. Stock 52 week range is $0.95 – $3.18. Company’s market capitalization is $35.28 million.
Warren Resources (NASDAQ:WRES) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Wednesday, Stock Ratings Network.com reports. The firm currently has a $3.50 price target on the stock. Zacks‘ target price suggests a potential upside of 11.82% from the stock’s previous close. Warren Resources, Inc. (NASDAQ:WRES) stock increased 2.31% and finished the last session at $3.55. The EPS of the stock remained 0.42. Company’s market capitalization is $258.58 billion.
The Valspar Corporation (NYSE:VAL)’s expanding partnerships with Lowe’s and Ace Hardware helped the coatings maker beat Wall Street’s expectations Wednesday as first quarter sales rose 9 percent and adjusted earnings jumped 11 percent. Valspar shares closed at a 52-week high of $75.03, up 6.3 percent, or $4.44, for the day. For the three months ended Jan. 24, Valspar’s sales rose 9 percent to $956 million while adjusted earnings jumped 11 percent to $61 million, or 70 cents a share. Analysts had expected adjusted earnings of 66 cents a share. The Valspar Corporation (NYSE:VAL) stock opened at $74.44 in last trading session and closed at $75.03. The 52 week range of the stock is $58.97 – $76.18 and the day range was $72.78 – $76.18.