On Tuesday, Following Stocks were among the “Top 50 Gainers” of U.S. Stock Market: Walter Energy, Inc. (NYSE:WLT), American Eagle Energy Corporation (NYSEMKT:AMZG), Black Diamond, Inc. (NASDAQ:BDE), Esperion Therapeutics, Inc. (NASDAQ:ESPR)
Walter Energy, Inc. (NYSE:WLT), with shares inclined 52%, closed at $0.61.
American Eagle Energy Corporation (NYSEMKT:AMZG), with shares skyrocketed 37.32%, settled at $0.28.
Black Diamond, Inc. (NASDAQ:BDE), with shares boosted 36.74%, and closed at $9.64.
Esperion Therapeutics, Inc. (NASDAQ:ESPR), surged 29.18%, and closed at $99.60, hitting new 52-week high of $100.50.
Latest NEWS regarding these Stocks are depicted underneath:
Walter Energy, Inc. (NYSE:WLT)
Walter Energy, Inc. (WLT), is going to lay off 46 mining jobs in Brookwood, bringing the total number of employees to 1016, in another step to survive from a possible bankruptcy. According to the corporation, whenever the positions get open again, the laid off workers would be eligible to apply again. The company is in trouble because of many factors including its results for the fourth quarter which states that net loss in 2014 came in $470.6 million against a net loss of $359 million in 2013. The other factor which may be considered involved is the decline in coal price. Because of fall in oil prices the production in 5b coal mines is reduced, as all these mines are owned by the corporation.
Note: If the stock price stays below $1 till 2015 September, the stock may be delisted.
Analysts at Brean Capital set a $1.00 price target on shares of Walter Energy and gave the corporation a “hold” rating in a research note on Wednesday, February 18th. Four investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. Walter Energy presently has an average rating of “Hold” and a consensus target price of $4.12.
Walter Energy, Inc. produces and exports metallurgical coal for the steel industry. It operates through two segments, U.S. Operations, and Canadian and U.K.
American Eagle Energy Corporation (NYSEMKT:AMZG)
On Monday, American Eagle Energy Corporation (AMZG), declared that it will be filing Form 12b-25, extending the filing of its Form 10-K no later than March 31, 2015, and postponing its earnings conference call.
American Eagle Energy Corporation is engaged in the attainment, exploration, development, and producing of oil and gas properties. It primarily holds interests in the Spyglass property covering an area of about 12,000 net acres located in Sheridan, Daniels, and Richland counties, Montana, and southeastern Saskatchewan, Canada.
Black Diamond, Inc. (NASDAQ:BDE)
On Monday, Black Diamond, Inc. (BDE), stated financial results for the fourth quarter and full year ended December 31, 2014.
Sales in the fourth quarter of 2014 raised 10% to $59.4 million contrast to $54.1 million in the same year-ago quarter. The raise was primarily due to the continued growth of Black Diamond Apparel and an raise in POC’s preseason bookings, in addition to restocking orders for winter seasonal product. Not including the influence of foreign exchange, sales grew by 13%. However, Sales in 2014 raised 15% to $193.1 million contrast to $168.1 million in 2013. Not including the influence of foreign exchange, sales grew by 16%.
Gross margin in the fourth quarter of 2014 was 39.0% contrast to 37.4% in the year-ago quarter. The 160 basis point raise was primarily due to both a favorable mix of higher margin products and higher margin channel mix, partially offset by a 175 basis point influence from foreign exchange., while Gross margin in 2014 raised 250 basis points to 38.8% contrast to 36.3% in 2013. Gross margin in 2014 comprised of a 50 basis point negative influence from foreign exchange. Gross margin in 2013 comprised of a $1.5 million charge for a PIEPS product recall. Not including this amount, adjusted gross margin in 2013 was 37.2%.
2015 Outlook:
Black Diamond anticipates fiscal year 2015 sales of about $208 million, which would represent an raise of about 8% from 2014 sales (a raise of 11% on a constant currency basis). The Corporation also anticipates gross margin in fiscal year 2015 to be about 40%.
Black Diamond, Inc. is a global leader in designing, manufacturing and marketing innovative active outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing, cycling and a wide range of other year-round outdoor recreation activities.
Esperion Therapeutics, Inc. (NASDAQ:ESPR)
On Tuesday, Esperion Therapeutics, Inc. (ESPR), an emerging pharmaceutical corporation focused on developing and commercializing first-in-class, oral low-density lipoprotein cholesterol (LDL-cholesterol) lowering therapies for the treatment of hypercholesterolemia and other cardiometabolic risk markers, declared that it intends to offer and sell, subject to market and other conditions, $150 million of its ordinary stock in an underwritten public offering. Esperion anticipates to grant the underwriters a 30-day option to purchase up to $22.5 million of additional shares of its ordinary stock.
Credit Suisse Securities (USA) LLC is acting as lead book-running manager for the projected offering, with RBC Capital Markets, LLC and UBS Securities LLC acting as joint book-running managers.
Esperion Therapeutics, Inc. is an emerging pharmaceutical corporation focused on developing and commercializing first-in-class, oral, LDL-cholesterol lowering therapies for the treatment of patients with hypercholesterolemia and other cardiometabolic risk markers.
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