(APA) Company News for January 24, 2012 – Corporate Summary

•    Fifth Street Finance Corp’s (NASDAQ:FSC) shares declined 5.11% to close at $10.02 after the company initiated a public sale of 10 million shares

•    Share of natural-gas producer Chesapeake Energy (NYSE:CHK) gained 6.3% after the company announced it plans to further reduce dry-gas drilling activity by half and limit its gas production by about 8% due to a drop in natural-gas prices

•    Apache Corporation (NYSE:APA) is all set to purchase privately owned oil and gas company Cordillera Energy Partners for $2.85 billion in an all cash-and-stock deal

•    Maker of marine and heavy-duty off-highway power transmission equipment, Twin Disc Inc’s (NASDAQ:TWIN) shares plummeted 18.78% to close at $32.00 after the company’s earnings figures came in short of analyst’s expectations

•    Pan American Silver Corp. (NASDAQ:PAAS) will acquire Vancouver-based Minefinders Corp. (AMEX:MFN) for about $1.48 billion. Following this report, the U.S. listed shares of Minefinders surged 22.91% to close the day at $13.95

APACHE CORP (APA): Free Stock Analysis Report

CHESAPEAKE ENGY (CHK): Free Stock Analysis Report

FIFTH STREET FI (FSC): Free Stock Analysis Report

MINEFINDERS CP (MFN): Free Stock Analysis Report

PAN AMER SILVER (PAAS): Free Stock Analysis Report

TWIN DISC (TWIN): Free Stock Analysis Report

To read this article on Zacks.com click here.

About vitalstocks

This is a sample profile field. Vitalstocks is the operating company for Stockbloghub. This will place the picture of the author or company in the profile. Here is another extra line of information.

Comments

Powered by Facebook Comments


Similar Posts: | | | | | | | | | | | | Basic Materials | Independent Oil & Gas

RSS feeds: APA | Apache Corporation | Chesapeake Energy Corporation | CHK | Fifth Street Finance Corporation | FSC | MFN | Minefinders Corporation Limited | PAAS | Pan American Silver Corporation | TWIN | Twin Disc Inc. | Basic Materials | Independent Oil & Gas |

Other Posts by | RSS Feed for this author