OTC Market Movers: April 27, 2012

April 27, 2012

On The Upside:

Shares of Trelawney Mining and Exploration, Inc. (OTCPink: TWNNF.PK) shot up 47.73% to $3.324 after Iamgold Corp. (NYSE: IAG) reached an agreement to acquire the company for C$3.30 per share in an all cash deal.

The ADRs of Man Group Plc (OTCPink: MNGPY.PK) climbed 14.48% to $1.724 on an analyst upgrade and speculation that the group may be a potential takeover target.

On The Downside:

The ADRs of brazilian real estate developers slid today including Rossi Residencial S.A. (OTCPink: RSRZY.PK) down 4% to $2.16, PDG Realty S.A. (OTCPink: PDGRY.PK) down 4.81% to $4.95 and Cyrela Brazil Realty S.A. (OTCPink: CYRBY.PK) down 8.11% to $8.38.

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