Newmont Mining Corp (NYSE:NEM) was upgraded by investment analysts at Jefferies Group from an “underperform” rating to a “hold” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $23.00 price objective on the stock. On Wednesday shares of Newmont Mining Corporation (NYSE:NEM) closed at $22.24. Company’s sales growth for last 5 years was -1.10%.
On March 4, Encana Corporation (NYSE:ECA) announced that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets, Credit Suisse and Scotiabank, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 85,616,500 common shares of Encana (the “Shares”) at a price of C$14.60 per Share (the “Offering Price”), for gross proceeds of approximately C$1.25 billion (the “Offering”). Encana Corporation (NYSE:ECA) in last trading activity advanced 1.17% to close at $11.20. Company weekly performance is -8.72% while its quarterly performance stands at -16.23%. Encana Corporation (NYSE:ECA) is -54.50% away from its 52 week high.
On last trading day First Citizens Bancshares Inc. (NASDAQ:FCNCA) advanced 0.42% to close at $246.48. Its volatility for the week is 1.31% while volatility for the month is 1.57%. FCNCA’s sales growth for past 5 years was 0.60% and its EPS growth for past 5 years was 4.00%. First Citizens Bancshares Inc. (NASDAQ:FCNCA) monthly performance is -1.62%.
Keurig Green Mountain, Inc. (NASDAQ:GMCR), and DS Services of America, Inc. (DS Services), a subsidiary of Cott Corporation (NYSE:COT) and a leading bottled water, coffee and tea direct-to-consumer services provider, announced a multi-year agreement to offer DS Services’ Javarama® coffee in K-Cup® packs for use in Keurig® hot brewing systems. Cott Corporation (NYSE:COT) has 1.50% insider ownership while its institutional ownership stands at 74.30%. In last trading activity company’s stock closed at $9.54.
On March 2, China Sunergy Co. Ltd. (NASDAQ:CSUN) announced its financial results for the second quarter ended June 30, 2014. Total revenue was US$88.5 million, an increase of 41.0% from US$62.7 million in the first quarter of 2014. Self-branded revenue totaled US$80.8 million and OEM revenue was US$6.4 million. On last trading day China Sunergy Co. Ltd. (NASDAQ:CSUN) advanced 3.36% to close at $1.54. Its volatility for the week is 13.92% while volatility for the month is 11.33%. CSUN’s sales growth for past 5 years was -2.10% and its EPS growth for past 5 years was -15.20%. China Sunergy Co. Ltd. (NASDAQ:CSUN) monthly performance is 6.21%.