Published On: Mon, Jul 11th, 2016

Stocks with Considerable News: Pan American Silver (NASDAQ:PAAS), MetLife (NYSE:MET), Southern (NYSE:SO)

Pan American Silver Corp. (NASDAQ:PAAS) [Trend Analysis] stock closed at $18.36 in last session with the total traded volume of 3.42 Million. Pan Am Silver: Kootenay raises equity financing and confirms Pan American Silver’s intention to exercise participation right – will subscribe for up to an additional 1.25 million units (PAAS). Kootenay Silver reports that in connection with its before reported private placement offering of units at a price of CAD$0.40 per Unit, it has amended its contract with Haywood Securities to raise the amount of the Offering from 10,000,000 Units to up to 11,250,000 Units for aggregate gross proceeds of up to CAD$4,500,000.

In addition, the Firm reported that Pan American Siver has indicated it intends to exercise its participation right in full to maintain its pro-rata 10% interest in the Firm. As a result, Pan American will subscribe for up to an additional 1,250,000 Units at the Offering Price for aggregate gross proceeds of up to CAD$500,000. As taking short look on the firm profit margin was recorded -31.40%, and operating margin was recorded -32.20%. The Financial Institutional ownership of the firm was 60.90% while by insiders was 0.00%.

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MetLife, Inc. (NYSE:MET) [Trend Analysis] surged 2.43% in last regular trading with 8.55 Million trading volume. MetLife Hong Kong, a wholly-owned subsidiary of MetLife (MET) recorded growth and notes strength in its biz results. Notable achievements according to The firm include 116% y/y biz growth in 1FIRST QUARTER6, marking MetLife Hong Kong as one of the fastest growing life insurers in the market, 150% y/y agency force growth, brokerage biz growth of over 48 times y/y, and an expanding telemarketing network with a new long-term alliance.

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Southern Firm (NYSE:SO) [Trend Analysis] shown itself as moving stock, climbed 0.89% to close at $54.14. Southern Firm (SO) subsidiary Southern Power and Turner Renewable Energy reported the acquisition of the 74 MW Rutherford Farm facility in North Carolina from Cypress Creek Renewables.. Its total outstanding shares are 930.23 million shares and a floated share was 930.23 million. Its beta value stands at 0.03 times and price to earnings ratio was 21.12.

Why NYSE:SO on Bearish Notes in Eye of Experts? Find Inside Facts Here