Stock Trading News : Notable Stock Offering (GMR, EPB, URRE, HCP)

General Maritime Corporation (NYSE:GMR) plunged 3.11% to $6.85 after the company late Thursday  priced its underwritten public offering of 30,600,000 shares at $6.75 per share.

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

General Maritime Corporation is a provider of international seaborne crude oil transportation services. The Company also provides transportation services for refined petroleum products.

El Paso Pipeline Partners, L.P. (NYSE:EPB) also slid 4.60% to $28.57 after late Thursday the company priced its 10 million units  at $28.80 per common unit.

El Paso Pipeline Partners, L.P. owns and operates natural gas transportation pipelines and storage assets. The Company conducts its business activities through various natural gas pipeline systems and storage facilities, including the Wyoming Interstate Company, Ltd., (WIC) system, a 58% general partner interest in Colorado Interstate Gas Company (CIG) and a 25% general partner interest in Southern Natural Gas Company (SNG).

Uranium Resources, Inc. (NASDAQ:URRE) slumped 11.60% to $0.610 on heavy volume after the company said it is planning to offer up to 25 million shares of common stock in an underwritten public offering.

The offering is expected to price before 9:30 a.m. EDT on Tuesday, June 22, 2010.

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

HCP, Inc. (NYSE:HCP) lost over 4% to $32.95 the company announced that it intends to issue 12,000,000 shares of its common stock. HCP intends to grant the underwriters an option for 30 days to purchase up to 1,800,000 additional shares of common stock.

HCP, Inc. (HCP) is a real estate investment trust (REIT). The Company invests primarily in real estate serving the healthcare industry in the United States.

About http://www.pennystockpickreport.com/

Penny Stock Pick Report offers Stock Trading News on OTC, PINKSHEETS ,OTCBB, AMEX, NASDAQ and NYSE stock exchange. Our subscribers receive daily up to date stock information on hot stocks, most active movers, top gainers, penny stocks and much more. If you wish to feature your organization on our website then you can contact us at the email given below.