TSX Top Traders: (BBD-B), (BB), (ARZ), (SMF)
Visit: Bombardier Inc.
New York, New York - February 22, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top traders on the TSX for February 22nd, 2013.
Bombardier Inc., (TSX:BBD-B) trading at $3.985 rose by $0.095 or 2.44% on a volume of 4,327,905 shares, making it today's top trader on the TSX.
Bombardier announced today that it will provide a program update on its game-changing CSeries aircraft at 10 a.m. on March 7, 2013, at its facility in Mirabel, Québec. Media representatives are invited to attend the two-hour event in person, or to join via webcast.
UK-based journalists are invited to attend a briefing and tour of Bombardier''s Belfast, Northern Ireland, CSeries wing manufacturing and assembly facility, where they will also be able to join the live video webcast.
Research In Motion Limited (TSX:BB) trading at $13.610 lowered by $-0.520 or -3.68% on a volume of 3,040,437 shares.
Aurizon Mines Ltd., (TSX:ARZ) trading at $4.460 gained $0.250 or 5.94% on a volume of 2,849,406 shares.
Aurizon Mines Ltd. said earlier this week that the British Columbia Securities Commission has extended its shareholder rights plan, amid a hostile takeover bid by Alamos Gold Inc.
The miner said the consent order, which expires on March 4, was agreed upon by both Aurizon and Alamos. Alamos had proposed a $780-million deal for Aurizon, which was rejected by the company's board in late January.
Aurizon has eight properties in Quebec, including the Casa Berardi gold mine, as well as several development and exploration projects, while Alamos has a mine and mineral rights in Mexico and an advanced development project in Turkey.
Alamos is offering $4.65 in cash or 0.2801 of an Alamos share for each Aurizon share with the cash portion capped at a maximum of $305 million and the stock portion limited to 23.5 million Alamos shares.
However, Aurizon has said the offer was actually less than $4.65 per share due to the price of Alamos shares, which have traded lower since the proposal was first announced in January.
Semafo Inc., (TSX:SMF) trading at $2.790 moved up $0.310 or 12.50% on a volume of 2,647,086 shares.
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