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National Bank of Greece (ADR)(NYSE:NBG)’s shares gained 10.56% to $1.99. The 52 week trading range for the company is $1.76 – $5.98. The shares of the company plunged 65% in the last one year. The company is a Greece-based financial institution. It provides a range of financial services including retail and commercial banking, asset management, brokerage, investment banking, insurance and real estate at a global level. Its segments are: Retail Banking, Corporate and Investment Banking, Global Markets and Asset Management and International Banking Operations.
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Seadrill Ltd(NYSE:SDRL) shares jumped 10.55% to $12.16. Levi & Korsinsky on Dec. 16 announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Seadrill Limited American Depository Receipts (“ADRs”) between July 10, 2014 and November 25, 2014. The complaint alleges that Seadrill issued materially false and misleading information to the investing public. In particular, the complaint alleges that the Company issued statements suggesting that the Company would maintain its dividend until at least the end of 2015, but then on November 26, 2014, the Company disclosed it would indefinitely suspend its dividend, citing Seadrill’s need to pay down its debt to strengthen its balance sheet.
Is SDRL Going To Rise or Fall After Today’s Price Action? Find Out Here
Teck Resources Ltd (USA) (NYSE:TCK)’s shares jumped 10.46% to $12.36. The company on Dec. 17 announced the first shipment of zinc and lead in concentrate from its restarted Pend Oreille Operations in northeastern Washington State to its nearby Trail Operations in British Columbia for processing.
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“The restart of our Pend Oreille zinc mine was completed on time and under budget and allows us to grow our zinc production at a time when global supply is constrained,” said Don Lindsay, President and CEO. “We are pleased to be operating again in Washington State and helping to support jobs and economic activity in the community, region and state.”
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]]>Free Urgent Insider Catalyst Report For CLF Available Here
Additionally, Research firm Deutsche Bank on Jan. 14 upgraded stocks of CLF from Hold rating to Buy rating.
Rite Aid Corporation(NYSE:RAD) shares gained 0.09% to $5.86. The company announced that John Standley, chairman, and chief executive officer; Frank Vitrano, senior executive vice president, chief financial officer and chief administrative officer; and Matt Schroeder, group vice president, strategy, investor relations and treasurer, addressed the 32nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 15, at the Westin St. Francis Hotel in San Francisco. Rite Aid’s presentation is scheduled for 4:00 p.m. PT.
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National Bank of Greece (ADR)(NYSE:NBG) shares declined 3.45% to $5.37. The company on Nov. 25 said it has agreed to sell a majority stake in its real estate arm Pangaia to private equity firm Invel Real Estate in a 653 million-euro ($882 million) deal. The sale, which was revealed last week, is part of a restructuring by National Bank (NBG) aimed at boosting its capital base. Under the terms of the latest deal Invel will acquire 66 percent of Pangaia and will pay 161 million in cash, contribute equity in the form of real estate and also take out a loan from NBG.
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