A technical committee in Guinea has recommended the government strip mining firm BSG Resources (BSGR) and its partner Vale SA (ADR) (NYSE:VALE) of the rights to exploit a giant iron ore deposit because the panel alleges BSGR obtained the concession through corruption, sources close to the matter said. Vale SA (ADR) (NYSE:VALE) stock opened at $13.43 in last session, and closed at $13.04, while the day range of Vale SA (ADR) (NYSE:VALE) stock is $13.00 – $13.44. The stock showed a positive weekly performance of -7.97%.
Alpha Natural Resources Inc., (NYSE:ANR) the second-largest coal producer in the U.S., agreed on Wednesday to pay a $27.5 million fine for violating the Clean Water Act. Alpha Natural Resources, Inc. (NYSE:ANR) stock opened at $5.29 in last session, and closed at $4.80 by losing -12.41%. The 52 week range of $4.78 – $9.05. Company’s market capitalization is $1.06 billion.
Renren Inc. (NYSE:RENN) announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2013 on Tuesday, March 18, 2014. Renren Inc. (NYSE:RENN) stock decreased -5.82% and finished the last session at $4.21. The EPS of the stock remained -0.16. Company’s market capitalization is $1.55 billion.
Seaworld Entertainment logo Seaworld Entertainment (NASDAQ:SEAS) traded down 5.7% during mid-day trading on Friday after an insider sold shares in the company, American Banking & Market News reports. The stock traded as low as $32.52 and last traded at $33.12, with a volume of 3,018,737 shares trading hands. The stock had previously closed at $35.11. SeaWorld Entertainment Inc. (NYSE:SEAS) stock opened the session at $35.22, and closed the session at $33.12. The 52 week range of the SeaWorld Entertainment Inc. (NYSE:SEAS) stock remained $27.48 – $39.65 and the day range was $32.52 – $35.22.