Traders’ Alert: General Motors Company, American International Group Inc, Las Vegas Sands Corp, Companhia Siderurgica
NEW YORK, April 05, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on General Motors Company, American International Group Inc, Las Vegas Sands Corp, Companhia Siderurgica.
General Motors Company(NYSE:GM) shares declined 1.33% to $27.37. The company is mulling a contingency plan to move workers and possibly vehicle production from South Korea if political tensions there continue to
escalate.
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Additionally, the company announced plans on April 4 to invest nearly $332 million in four U.S. manufacturing sites to produce more fuel-efficient engines and transmissions. The commitment comes just days after the Detroit automaker reported a 6.4% increase in March sales, led by fuel-efficient cars as well as trucks and crossovers.
American International Group Inc(NYSE:AIG) shares declined 1.70% and closed at $37.05. Analysts at Barclays Capital boosted their price target on shares of AIG from $33.00 to $36.00 in a research report issued to clients and investors on April 2. The firm currently has an “equal weight”rating on the stock.
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Additionally, the company, on April 4, announced that two new Director nominees, William G. Jurgensen, former Chief Executive Officer of Nationwide Insurance, and Theresa M. Stone, Former Executive Vice President and
Treasurer of the Massachusetts Institute of Technology and former Executive Vice President and Chief Financial Officer of Jefferson-Pilot Corporation, will stand for election with 11 of the current 12 members of the AIG Board at the AIG 2013 Annual Meeting of Shareholders scheduled for May 15, 2013.
Las Vegas Sands Corp. (NYSE:LVS) stock fell 3.74% to $51.49. The company on Mar. 20 said it is facing its second trial in a case brought by a Hong Kong businessman who says the casino operator run by billionaire Sheldon Adelson owes him for obtaining a license to operate in Macau.
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Additionally, TheStreet reissued their buy rating on shares of Las Vegas Sands in a research report released on April 2.
Companhia Siderurgica Nacional (ADR)(NYSE:SID) shares decreased 2.48% to $4.32. The company, on Feb. 7, announced that it has filed a lawsuit against the Grupo Ternium comprised of Confab Industrial SA, Prosid
Investments SCA, Siderar SAIC and Ternium Investments Sarl. The entities named in the CSN lawsuit had acquired a 43.3% participation in Usinas Siderurgicas de Minas Gerais SA - Usiminas (Usiminas) in January 2012.
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(OR Just copy and paste the link)
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