Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Above Their 200 Day Moving Average
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

See How Hecla Mining Ranks Among Analysts' Top Metals Picks
Thursday, October 9, 11:52 AM ET, by Market News Video Staff

A study of analyst recommendations at the major brokerages shows that Hecla Mining Co. (HL) ...

SWC Crosses Critical Technical Indicator
Thursday, October 9, 4:09 PM ET, by Market News Video Staff

In trading on Thursday, shares of Stillwater Mining Co. (SWC) entered into oversold territory, changing ...

Short Interest In Stillwater Mining Declines 10%
Friday, October 10, 3:00 PM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 09/30/2014 ...

November 28th Options Now Available For SPDR S&P Metals and Mining ETF (XME)
Monday, October 13, 11:50 AM ET, by Market News Video Staff

Investors in SPDR S&P Metals and Mining ETF (XME) saw new options become available today, ...

Westmoreland Coal (WLB) Shares Cross Below 200 DMA
Monday, October 13, 7:59 PM ET, by Market News Video Staff

In trading on Monday, shares of Westmoreland Coal Co. (WLB) crossed below their 200 day ...

  More articles:  1 2 3 4 5 6 7 next »

SWC Announces Secondary Offering

By Market News Video Staff, Monday, November 29, 11:33 AM ET
Play Video: What Short Interest Means


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

Stillwater Mining Company (NYSE:SWC) shares are falling today after it announced a secondary offering a total of nearly 45 million shares of common stock by majority shareholder Norimet Limited.

If the offering is successful, Norimetís ownership of Stillwater will be less than 10%, or reduced to zero if the underwriters purchase additional shares to cover over-allotments.

Stillwater is the only U.S. producer of palladium and platinum.

Shares are trading down 6% Monday.

Stillwater is among the top ten holdings in the SPDR S&P Metals & Mining ETF (AMEX:XME), at 4.31% of the portfolio.

Top stock Massey Energy (MEE) us 5.23% of the fund, followed by Hecla Mining (NYSE:HL), at 5.09%, Walter Energy (NYSE:WLT), at 4.64%, and Patriot Coal (PCX), at 4.62%.


Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   AMEX   Average   Coal   Definition   Definitions   ETFs   Energy   Exchange   Fund   Hecla   Jones   Market   Metals   Mining   NYSE   Norimet   SPDR   Stillwater   Traded   Walter   allotments   among   announced   common   cover   down   followed   holdings   less   majority   million   offering   only   over   ownership   palladium   platinum   portfolio   producer   purchase   reduced   secondary   shares   stock   today   total   trading   underwriters   will   zero
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Portfolio Channel Stock Market Definitions
MNV

SWC Announces Secondary Offering | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.