Oct 2, 2013

Posted by in Stock Market News | 0 Comments

Investors Watch List: Pandora (NYSE:P), StemCells (NASDAQ:STEM) Alcoa Inc. (NYSE:AA) and SunCoke Energy Partners (NYSE:SXCP)

Investors Watch List: Pandora (NYSE:P), StemCells (NASDAQ:STEM) Alcoa Inc. (NYSE:AA) and SunCoke Energy Partners (NYSE:SXCP)

StemCells (NASDAQ:STEM) announces planned public offering of common stock; size of which was not recvealed. StemCells reported that it plans to offer and sell common stock and warrants, conditional on market and other conditions, in an underwritten public offering.

StemCells plans to use the net proceeds of the offering for general corporate purposes, counting working capital and operational purposes, consisting of product development.

Alcoa Inc. (NYSE:AA) is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its participation in technology, mining, refining, smelting, fabricating, and recycling.

Its shares opened the trading session at $8.10, moved higher during the session and were hanging around the session at 0.86% to $8.42. The company held market cap of 8.76 billion and 52 week range of 7.63 – 9.37.

SunCoke Energy Partners (NYSE:SXCP) finishes Kanawha River Terminals acquisition; predicted to be right away accretive. The firm finished the takeover of 100 percent of the ownership interest in Kanawha River Terminals LLC for $86 million. SXCP financed this takeover with a combination of available cash and its present revolving credit facility.

Pandora (NYSE:P), the leading Internet radio service, today declared that the firm’s Vice President, Mr. Dominic Paschel, would present at the Lazard Capital Markets 2nd Annual Digital Media Day in New York, NY. Mr. Paschel will host a fireside chat Thursday, October 3, 2013 at 5:30 a.m. PT / 8:30 a.m. ET.

Pandora shares have gained 1.59% to $25.53. Over the last twelve months, the stock has gained 36% and past five days performance showed positive change of 1.57%.


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