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PLG Platinum Group Metals Ltd New

1.38
-0.06 (-4.17%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Platinum Group Metals Ltd New AMEX:PLG AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.06 -4.17% 1.38 1.47 1.38 1.47 187,329 23:30:00

U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH

11/12/2012 11:53am

Dow Jones News


Platinum Group Metals (AMEX:PLG)
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Among the companies with shares expected to actively trade in Tuesday's session are Urban Outfitters Inc. (URBN), HCA Holdings Inc. (HCA) and Limited Brands Inc. (LTD).

Urban Outfitters offered a better-than-expected snapshot of its fourth quarter, saying in a filing after the market close that same-store sales in its retail business are "high single-digit positive" so far this quarter. Janney on Friday said consensus was for a mid-single digit gain, given strong Black Friday showings at the company's namesake and FreePeople shops. Shares jumped 6.5% to $39.41 after hours.

HCA Holdings Inc. (HCA) said its two biggest stockholders are offering 32 million shares as they wind down their interest in the operator of private hospitals. Shares slipped 2.6% to $33 after hours.

Limited unveiled a special dividend of $3 a share, which will be paid on Dec. 26, joining a growing list of companies that have declared special dividends ahead of next year's possible "fiscal-cliff." The retailer's shares were up 2.7% to $52 after hours.

Hertz Global Holdings Inc. (HTZ) said its three biggest stockholders are selling 50 million shares. Funds affiliated with Clayton Dubilier & Rice Inc., Carlyle Group L.P. (CG) and Bank of America Corp.'s (BAC) Merrill Lynch recently held a 38% stake in the company, or around 160 million shares. After the offering, the funds will continue to hold a roughly 26% interest in the car rental company. Shares fell 3.2% to $15.70 after hours.

Kinder Morgan Energy Partners L.P. (KMP) is offering 3.9 million units as it seeks to pay down commercial paper debt. The pipeline operator recently had around 246.1 million units outstanding. Units fell 2.7% after hours to $78.36.

 
   Watchlist: 

ABM Industries Inc.'s (ABM) fiscal fourth-quarter earnings increased 53% as a one-time tax benefit boosted the facility services contractor's bottom-line results, though government sales continued to weaken.

Casey's General Stores Inc.'s (CASY) fiscal second-quarter earnings fell 13% as the convenience-store operator reported that gas margins declined from record highs a year earlier and operating expenses increased.

Gilead Sciences Inc.'s (GILD) board approved a two-for-one split in the biopharmaceutical company's stock that will take effect early next year.

Graphic Packaging Holding Co. (GPK) said certain shareholders are offering 16.5 million shares. The paperboard packaging company won't receive any proceeds from the offering, and has agreed to buy back up to $300 million of the shares offered. The company recently had around 393.7 million shares outstanding, according to FactSet.

Hanover Insurance Group Inc. (THG) expects superstorm Sandy-related losses to affect earnings by $120 million to $140 million, but said it expects the costs to be manageable.

Murphy Oil Corp. (MUR) said it has entered into an accelerated share-repurchase agreement with J.P. Morgan Chase & Co. (JPM) to buy back $250 million of the oil-and-gas company's common stock.

Nasdaq OMX Group Inc. (NDAQ) on Monday struck a deal to acquire a stake in a Dutch stock- and options-trading venue, extending Nasdaq OMX's efforts to develop its European derivatives franchise.

Orchard Supply Hardware Corp.'s (OSH) fiscal third-quarter loss widened as the home-improvement retailer recorded hefty impairment charges and flat same-store sales.

Platinum Group Metals Ltd. (PLG, PTM.T) is offering shares to raise around 180 million Canadian dollars ($182.3 million). The platinum mining company intends to use the proceeds for purposes including developing its WBJV Project 1 platinum mine and exploration and engineering at the Waterberg project.

Teavana Holdings Inc. (TEA) swung to a fiscal third-quarter loss as the tea retailer reported higher expenses, partly related to its acquisition of Teaopia stores earlier this year, masking revenue growth.

Texas Instruments Inc. (TXN) nudged up its view of core fourth-quarter earnings after accounting for the full cost of its exit from most of the mobile-chip market.

United Continental Holdings Inc.'s (UAL) traffic fell 2.3% in November from a year earlier as the carrier's capacity also slipped and superstorm Sandy hurt revenue.

Write to Nathalie Tadena at nathalie.tadena@dowjones.com

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