HSBC downgraded shares of IAMGOLD Corp (NYSE:IAG) from an overweight rating to an underweight rating in a report issued on Monday, TheFlyOnTheWall.com reports. On Wednesday shares of IAMGOLD Corp. (NYSE:IAG) closed at $2.65. Company’s sales growth for last 5 years was 5.70% and EPS growth for next 5 years is recorded as 3.00%.
Goldcorp Inc. (NYSE:GG) announce that it has closed the previously announced purchase of 7,320,200 common shares of Probe Mines Limited (“Probe”) (TSX-V: PRB) and 2,347,951 warrants to purchase common shares of Probe from Agnico Eagle Mines Limited (“Agnico”) (TSX & NYSE: AEM) for cash consideration of C$5.00 per common share and C$2.90 per warrant for an aggregate purchase price of approximately C$43 million. Each warrant is exercisable to purchase one common share of Probe at a price of C$2.10 until May 28, 2015. Goldcorp Inc. (NYSE:GG) in last trading activity moved down -3.25% to close at $23.78. Company weekly performance is -2.70% while its quarterly performance stands at 8.98%. Goldcorp Inc. (NYSE:GG) is -18.73% away from its 52 week high.
During its annual shareholder meeting in Austin, Minn., Hormel Foods Corporation (NYSE:HRL), a multinational marketer of consumer-branded food and meat products, celebrated a record fiscal year 2014, and highlighted the company’s foodservice business under its Refrigerated Foods segment. On last trading day Hormel Foods Corporation (NYSE:HRL) moved down -1.02% to close at $52.40. Its volatility for the week is 1.79% while volatility for the month is 1.70%. HRL’s sales growth for past 5 years was 7.40% and its EPS growth for past 5 years was 11.90%. Hormel Foods Corporation (NYSE:HRL) monthly performance is -0.64%.
On Jan 21, USMD Holdings, Inc. (NASDAQ:USMD) announced that two new physicians – Hedieh Davanloo, M.D., and Paul Fabela, M.D. – have joined USMD Affiliated Services. USMD Holdings, Inc. (NASDAQ:USMD) has 0.60% insider ownership while its institutional ownership stands at 0.40%. In last trading activity company’s stock closed at $15.48.
On Jan. 26, Silicon Motion Technology Corp. (NASDAQ:SIMO) announces its quarterly cash dividend. On last trading day Silicon Motion Technology Corp. (NASDAQ:SIMO) moved down -5.29% to close at $27.06. Its volatility for the week is 7.62% while volatility for the month is 5.90%. SIMO’s sales growth for past 5 years was -47.30% and its EPS growth for past 5 years was -19.10%. Silicon Motion Technology Corp. (NASDAQ:SIMO) monthly performance is 13.84%.