Squawk Box Stocks Reports on: Microsoft Corporation (NASDAQ: MSFT), Vale S.A. (NYSE: VALE), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Allied Nevada Gold Corp. (NYSE: ANV)
http://media.marketwire.com/attachments/201211/53317_equitynewscircuit-logo-final.jpghttp://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=1005624&ProfileId=051205&sourceType=1NEW YORK, NY -- (Marketwired) -- 04/10/13 -- Microsoft Corporation (NASDAQ: MSFT), Vale S.A. (NYSE: VALE), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Allied Nevada Gold Corp. (NYSE: ANV).
Microsoft Corporation (MSFT) saw shares advancing 3.57% or $1.02 per share to close at $29.61 on volume of 75,413,291 shares traded during Tuesday's trading session. Microsoft was one of the biggest gainers among large-cap tech stocks, as the company's shares rose more than 3% on the day. There were no clear news drivers for the stock, though the company is slated to report their quarterly results next week for a period that likely saw continued pressure in the PC segment. The stock has significantly underperformed the broader market over the last six months. Will shares continue to rise? Find out our thoughts & what to expect from Microsoft's upcoming earnings report in our exclusive report at: http://squawkboxstocks.com/reports/MSFT
Vale S.A. (VALE) saw shares rising 4.89% to close yesterday's trading session at $18.25 on volume of 27,036,235 shares traded. The basic materials company saw shares rise sharply following a report out of Brazil stating the government was working to change how it taxes its companies' foreign subsidiaries which could give Vale a big boost, according to BofA Merrill Lynch. Will speculators continue to send shares higher or will we see the stock give back some gains? Find out more in our exclusive report at: http://squawkboxstocks.com/reports/VALE
Freeport-McMoRan Copper & Gold Inc. (FCX) saw shares advancing 4.13% or $1.34 per share to close yesterday at $33.76 on volume of 22,109,046 shares traded. The mining company saw shares rise sharply as prices of metals like copper, gold and silver have rebounded this week after slumping for the first three months of the year on waning demand. Having missed out on most of this years mearket rally will shares of Freeport-McMoRan begin to play catch up & stage an extended rally? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/reports/FCX
Allied Nevada Gold Corp. (ANV) saw shares advancing 30.20% or $3.56 per share to close yesterday at $15.35 on volume of 8,741,999 shares traded. The Canadian miner reiterated its production guidance. Allied Nevada Gold said that it was on track to meet its previously announced production guidance of 90,000-100,000 ounces of gold. The company said it had sold 27,256 ounces of gold and 174,766 ounces of silver in the first quarter, and plans to sell about 7,200 ounces of gold and 43,200 ounces of silver in the second quarter. Will these positive production results & sales forecasts push ANV shares even higher or will traders look to secure profits? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/reports/ANV
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