New York (December 20th, 2012) - Homex Development Corp. (ADR) (NYSE: HXM), Mexico-based company engaged in the development of affordable, entry-level, middle-income and tourism housing in Mexico and affordable entry-level housing in Brazil, is marginally lower in mid-day trading today.
At last check, HXM was trading 0.40% lower at $12.50 on volume of 81,418, which is nearly a fifth of the daily average volume of 514,840. HXM traded in a very tight range last week before breaking through this week. However, the stock has slipped from $13 resistance level.
HXM had fallen sharply earlier in the month after the company said that it expects revenue to slip in 2013.
Find out more about HXM by getting the free full report here:
Kinross Gold Corporation (NYSE: KGC), a Canada-based company engaged in gold mining and related activities, is down sharply in mid-day trading today, extending its losses from the previous trading sessions.
KGC has slipped as gold prices fell sharply this week amid heavy technical selling and as investors reduced safe-haven bets as fiscal cliff worries eased. KGC is currently trading 3.07% lower at $9.16 on volume of 2.04 million, which is a quarter of the daily average volume of 8.19 million. The stock has fallen more than 5% in the last three trading sessions.
KGC has slipped below a key support level this week. The stock has support at around $9.15. If it falls below this level then the downward slide could continue.
Find out where KGC could be headed by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=KGC
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