Consumer Cyclical Sector Review: Molycorp Deal, Amerigon Up 8%
Amerigon Incorporated (NASDAQ:ARGN): Reports Q4 revenue $$131M, consensus $119.96M
The shares closed at $16.45, up $1.26, or 8.29%, on the day. Its market capitalization is $381.15 million.
Ford Motor Company (NYSE:F): Molycorp’s (NYSE:MCP) deal to acquire Neo Material Technologies could make it an attractive takeover target, reports Reuters. According to Byron Capital Markets analyst Jon Hykawy, the deal that would make Molycorp into a one-stop rare earth shop could attract interest from automakers.
The shares closed at $12.43, down $0.15, or 1.19%, on the day. Its market capitalization is $47.24 billion.
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