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DAILY Wrap-Up & Commentary On: (NYSE: MHR), (NASDAQ: RRD)


New York, NY -- (ReleaseWire) -- 01/22/2013 --Magnum Hunter Resources Corp. (NYSE: MHR) traded in the range of $4.32 and $4.44 during its latest trading session. The stock had opened at $4.32 and is currently at $4.40, up 1.85 percent from its previous close of $4.32 with heavy volume. Magnum Hunter Resources recorded the volume of 1.843 million shares. The stock price is trading above its short term moving average price of $4.25 and long term moving average price of $4.10. The stock is likely to go as high as $4.58 in near future. Magnum Hunter Resources reported that it is planning to develop its Utica leasehold position in Ohio.

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R.R. Donnelley & Sons Company (NASDAQ: RRD) shows bullish trend as the stock made an up movement in its latest trading session. It opened the session at $9.61 and remained in $9.55 and $10.08 price range during the session so far. The stock is 4.10 percent higher at $9.90. R.R. Donnelley & Sons’ first resistance level is at $9.93. Upon breaching this level, the stock may go as high as $10.60. R.R. Donnelley & Sons recently declared quarterly dividend of 26 cents per share. The dividend is payable on March 1, 2013 and the record date has been set at January 25th.

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