PREMARKET ALERT: Sterlite Industries (SLT)
Posted in GeneralJuly 16th, 2009
Sterlite Industries (NYSE: SLT) shares may see a volume spike lower after the India-based metals and mining company raised about $1.5 billion by selling American Depository Shares in an offering priced at $12.15, or about a 6 percent discount to the company’s closing price on Wednesday. — Mike Tarsala
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