Protective Life Corporation May be Buyout Target; Alpha Natural Resources Drops on EPA Carbon Emissions Announcement


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Companies Mentioned

OTC:BB:LQMT / NYSE:PL / NASDAQ:NEWL / NYSE:ANR
06/03/2014 [ACCESSWIRE]

Liquidmetal Technologies Inc. (OTCBB: LQMT) - For an in-depth report on Liquidmetal Technologies Inc. follow: www.BullTrends.com/stockquote/LQMT

Shares of LQMT closed down 8.26% on about 37.8 million shares traded. The stock was one of the biggest decliners in the OTCBB market despite no company news. Last week the company announced that it recently participated in a development project with Jet Propulsion Laboratory (JPL) to demonstrate the properties of amorphous alloys in mechanical devices that transfer or transform force, motion, or energy to another point through elastic deformation. Compliant mechanisms are advantageous since they provide benefit by reducing part count, simplifying manufacturing and reducing assembly time and cost.

Protective Life Corporation (NYSE: PL) - For an in-depth report on Protective Life Corporation follow: www.BullTrends.com/stockquote/PL

Protective Life Corporation closed up 11.87% on Monday with about 5.8 million shares traded. The stock was one of the biggest gainers on the NYSE and hit a new yearly high of $60.38 during intra-day trading. Dai-ichi Life Insurance is planning to spend approximately $5 billion to buy an American insurer and Protective Life is the only insurer named in most reports.

NewLead Holdings Limited (NASDAQ: NEWL) - For an in-depth report on NewLead Holdings Limited follow: www.BullTrends.com/stockquote/NEWL

Shares of NewLead Holdings closed down 31.52% on about 22 million shares traded. The stock was one of the biggest decliners on the NASDAQ despite no company news. The company manages product tankers and dry bulk vessels worldwide. The company transports refined products, including gasoline and jet fuel; and dry bulk goods, such as iron ore, coal, and grains.

Alpha Natural Resources, Inc. (NYSE: ANR) - For an in-depth report on Alpha Natural Resources, Inc. follow:  www.BullTrends.com/stockquote/ANR

Shares of ANR closed down about 4% on Monday with about 14.7 million shares traded. The stock was one of the most active stocks on the NYSE and hit a new yearly low of $3.21 during intra-day trading. The drop may have been affected by the EPA announcing a plan to reduce carbon emissions from the power sector by 30% nationwide below 2005 levels by 2030.

 

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