Tuesday, December 7, 2010

Large Cap Stock Movers (AGL, FSYS, TRGP)

AGL Resources Inc. (NYSE:AGL) shares slid 5.20% to $35.20 on over 2.75 million shares after it agreed to buy Nicor Inc. for $2.4 billion in cash and stock, almost doubling the number of gas customers it serves. Nicor holders will receive $21.20 in cash and 0.8382 shares of AGL, valuing the target company at $53 a share. Fuel Systems Solutions, Inc. (NASDAQ:FSYS) fell 7.20% to $33.92 on over 700K after the stock was downgraded by Needham & Co to "hold" from "buy." Fuel Systems Solutions, Inc. (Fuel Systems) designs, manufactures and supplies alternative fuel components and systems for use in the transportation and industrial markets. Targa Resources Investments Inc (NYSE:TRGP) rose 12% to $24.64 on over 12.15 million shares after The natural-gas pipeline company controlled by Warburg Pincus LLC sold $360 million of shares after increasing the size of its initial public offering by 25 percent. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
tdp2664
Epic Stock Picks



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...