Five Star Equities Issues New Research Reports on OTEX, MCK, TXI and WLT


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NASDAQ:OTEX / NYSE:TXI / NYSE:MCK / NYSE:WLT
01/28/2014 [ACCESSWIRE]

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Open Text Corporation (NASDAQ: OTEX)(TSX: OTC) shares spiked 10.53 percent to close at $100.16 a share Friday, its market debut. The stock traded between $98.79 and $104.21 on volume of 2.37 million shares traded. The company reported total revenue was $363.5 million for the second quarter of fiscal 2014, an increase of 3.0 percent year-over-year. Shares of Open Text have gained nearly 70.0 percent in the past year.

Get more information on Open Text and free access to the in-depth equity report at:  
www.FiveStarEquities.com/OTEX

Texas Industries, Inc. (NYSE: TXI) shares jumped 9.27 percent to close at $75.06 a share Friday. The stock traded between $67.12 and $77.40 on volume 1.35 million shares traded. According to numerous reports, Martin Marietta Materials is in acquisition talks with the company. Shares of Texas Industries have gained approximately 25.0 percent in the past year.

Get more information on Texas Industries and free access to the in-depth equity report at:  
www.FiveStarEquities.com/TXI

McKesson Corporation (NYSE: MCK) shares increased 0.78 percent to close at $173.72 a share Friday. The stock traded between $172.53 and $177.50 on volume 4.56 million shares traded. The company has reached an agreement with Franz Haniel & Cie. GmbH to acquire their entire holding of Celesio shares for EUR 23.50 per share. Shares of McKesson have gained approximately 60.0 percent in the past year.

Get more information on McKesson free access to the in-depth equity report at:  
www.FiveStarEquities.com/MCK

Walter Energy, Inc. (NYSE: WLT) shares dropped 9.20 percent to close at $11.35 a share Friday. The stock traded between $11.24 and $12.10 on volume 11.45 million shares traded. Wells Fargo has downgraded its rating on the company to "market perform" from "outperform". Shares of Walter Energy have fallen approximately 70.0 percent in the past year.

Get more information on Walter Energy and free access to the in-depth equity report at:  
www.FiveStarEquities.com/WLT

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Five Star Equities has no financial relationship with any company whose stock is mentioned in this release.

Contact:         
Five Star Equities
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