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Market Update


Shares of Pepco Holdings Inc (NYSE: POM) fell about 1.3% after the company announced its plans to make a registered underwritten public offering of up to 15,400,000 shares of its common stock.

Shares of Gold Resource Corporation (AMEX: GORO) dropped about 1.3% after the company hired Mr. Rick Irvine as its Chief Operating Officer.

Shares of First Majestic Silver Corp (NYSE: AG) fell about 1.4% after the company reported a 55% rise in its Q4 profit. It also expects a rise in its production this year. First Majestic's quarterly net income climbed to C$21.3 million ($21.56 million), or 20 Canadian cents a basic share, from C$13.7 million, or 14 Canadian cents a basic share, in the year-earlier period. On an adjusted basis, First Majestic earned 24 Canadian cents a share. First Majestic's revenue jumped 52% to C$60.8 million.

Shares of The Ensign Group Inc (NASDAQ: ENSG) rose about 0.5% after the company reported that its urgent care joint venture, Immediate Clinic LLC, has bought Doctors Express, a national urgent care franchise system.

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