Sears Names New CEO and 3 Morning Hot Stocks Trading Now

Goldcorp (NYSE:GG): Current Price: $35.14

On Tuesday, Goldcorp upped its annual dividend by 11 percent and announced that it expects 2013 gold production to increase 10 percent, to between 2.55 and 2.80 million ounces. The company also said that cash costs are projected to increase from 2012 levels. Cost expectations are set between $525 to $575 per ounce on a by-product basis and between $700 to $750 per ounce on a co-product basis partly because of industry-wide cost inflation.

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Metlife (NYSE:MET): Current Price: $36.16

The Federal Reserve agreed to give the insurance provider a six-month extension for submitting its revised capital plan. The company announced in a regulatory filing on Tuesday that it is working to rid itself of banking operations, by the Fed’s deadline of June 30, which will remove regulatory oversight of the company. According to Bloomberg, Metlife received approval to sell its banking assets in December.

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Sears Holding Corporation (NASDAQ:SHLD): Current Price: $40.11

After announcing that Eddie Lampert will assume the position of Chief Executive Officer, shares of the retailer rose 2.6 percent in pre-market trading. The company’s new appointment follows on the heels of an update to its fourth quarter and full year earnings guidance for 2012. Despite a fall in same-store sales of 0.2 percent for the recent nine-week period, online sales increased by 20 percent and Sears now expects fourth-quarter earnings per share of $1.25 – $2.00, beating consensus estimates of $0.86.

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Walter Investment Group (NYSEAMEX:WAC): Current Price: $48.92

Shares of the business services provider rose 9 percent in pre-market trading after the company announced that it expects to earn between $55 million and $60 million in earnings before the deduction of interest, tax, and amortization expenses from the $93 billion portfolio of home loans it purchased from Bank of America (NYSE:BAC) on Monday. The company, which had $60.3 billion in EBITA in its most recent quarter, told investors on a conference call on January 7 that its acquisition pipeline remains “robust.”

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