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Inc. (NYSE:WPX) – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 Big Movers: WPX Energy, Inc. (NYSE:WPX), Companhia Siderurgica Nacional (NYSE:SID), VimpelCom Ltd. (NASDAQ:VIP) http://www.usmarketbuzz.com/big-movers-wpx-energy-inc-nysewpx-companhia-siderurgica-nacional-nysesid-vimpelcom-ltd-nasdaqvip-2512 Thu, 18 Dec 2014 14:16:42 +0000 http://www.usmarketbuzz.com/?p=2512 Lakeway, NY — (MARKET NEWS CALL) — 12/18/2014— thenextbigtrade.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market about the small and penny stocks, issues news alert on WPX Energy, Inc. (NYSE:WPX), Companhia Siderurgica Nacional (NYSE:SID), VimpelCom Ltd. (NASDAQ:VIP).

WPX Energy, Inc. (NYSE:WPX)’s shares gained 12.11% to $11.94. The company on Dec. 2 announced it signed an agreement to sell its operations in northeast Pennsylvania and release certain firm transportation capacity to Southwestern Energy Company (SWN) for approximately $300 million cash.

Should Investors Buy WPX After The Recent Development? Find Out Here

WPX’s first transaction involving its Marcellus Shale operations marks the company’s sixth significant agreement it has entered into since May to narrow the company’s business focus, increase scalability of core assets, bring value forward and further strengthen its balance sheet. As previously announced, WPX also recently executed a new five-year, $1.5 billion senior unsecured credit facility.

Companhia Siderurgica Nacional (NYSE:SID)’s shares climbed 11.80% to $1.99. SID’s stock has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D on Dec. 5.

Is SID Going To Rise or Fall After Today’s Price Action? Find Out Here

Additionally, the company on Nov. 14 announces its results for the third quarter of 2014 (3Q14): Iron ore sales volume in the first nine months of 2014 reached a record of 21.3 million tonnes, a 19% year-on-year improvement; Iron ore shipments by Tecar totaled a record of 24.4 million tonnes in 9M14, 23% up on 9M13; Cement sales reached the record level of 589 thousand tonnes in 3Q14, with record net revenue of R$120 million. Year-to-date sales totaled 1.6 million tonnes and net revenue came to R$331 million, also Company records.

VimpelCom Ltd. (NASDAQ:VIP)’s stock gained 11.55% to $3.67. Telenor said on Dec. 8 its chief executive Jon Fredrik Baksaas had stepped down from the supervisory board of U.S.-listed VimpelCom. Amsterdam-based Vimpelcom, Uzbekistan’s biggest mobile operator by subscribers, said in March it was being investigated by the U.S. Securities and Exchange Commission (SEC) and Dutch authorities. Telenor holds 33 percent of the economic interests in VimpelCom and 43 percent of the voting rights.

Can Traders Buy VIP After The Solid Rally? Get Free Trend Analysis Here

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