On Monday, Following U.S. Stocks were among the “Top Losers”: Anthera Pharmaceuticals Inc (NASDAQ:ANTH), NTELOS Holdings Corp (NASDAQ:NTLS), Axion Power International, Inc. (NASDAQ:AXPW), Seventy Seven Energy Inc (NYSE:SSE)
Anthera Pharmaceuticals Inc (NASDAQ:ANTH), with shares declined -26.82%, closed at $4.01.
NTELOS Holdings Corp (NASDAQ:NTLS), with shares dropped -23.74%, settled at $4.85.
Axion Power International, Inc. (NASDAQ:AXPW), with shares dipped -20.63%, and closed at $0.0912.
Seventy Seven Energy Inc (NYSE:SSE), plummeted -15.57%, and closed at $3.09.
Latest NEWS regarding these Stocks are depicted underneath:
Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH)
Anthera Pharmaceuticals, Inc. (ANTH), in partnership with its partner Zenyaku Kogyo Co., Ltd. recently declared that the BRIGHT-SC study of blisibimod in patients with IgA nephropathy (IgAN) should continue to completion as planned. This follows the successful completion of an interim futility analysis, conducted by an independent statistician, which evaluated several important biomarkers of renal disease in patients who had accomplished at least 8 weeks of treatment.
As formerly revealed, following meetings with the European Medicines Agency, the Japanese PMDA, the US FDA, and our partner Zenyaku Kogyo, the corporation amended the BRIGHT-SC protocol preceding to the interim analysis to reflect collective feedback. All agencies were receptive to the use of proteinuria as a surrogate endpoint with appropriate post-marketing studies.
Anthera Pharmaceuticals is a biopharmaceutical corporation focused on developing and commercializing products to treat serious and life-threatening diseases, counting systemic lupus erythematosus, IgA nephropathy, and exocrine pancreatic insufficiency due to cystic fibrosis.
NTELOS Holdings Corp. (NASDAQ:NTLS)
In a note issued to shareholders on last Monday i.e., 9th March, Investment analysts at Jefferies Group restated NTELOS Holdings Corp. (NTLS)’s stock “hold” rating. They presently have a $6.00 price target on the stock, up from their previous price target of $5.00. Jefferies Group’s target price would indicate a potential downside of 0.66% from the corporation’s current price.
Formerly on February 26, the company declared operating and financial results for its fourth quarter and year ended December 31, 2014. These results supplement the preliminary information released on January 20, 2015.
Recent Financial and Operational Highlights:
- Proceeds were $128.3 million for the fourth quarter 2014, a 5% raise contrast to $121.8 million for the fourth quarter 2013. Proceeds for the year 2014 were $487.8 million, contrast to $491.9 million for the year 2013;
- Adjusted EBITDA was $31.4 million for the fourth quarter 2014, contrast to $26.7 million for the fourth quarter 2013. Merged Adjusted EBITDA for the year 2014 was $132.4 million, contrast to $150.9 million for the year 2013; and
- Closed on first installment of formerly declared towers sale, divesting 85 towers for gross proceeds of about $35.0 million.
NTELOS Holdings Corp. (NTLS), operating through its auxiliaries as “nTelos Wireless,” is headquartered in Waynesboro, VA, and provides high-speed, dependable nationwide voice and data coverage for about 282,100 retail subscribers based in Virginia, West Virginia and portions of Maryland, North Carolina, Pennsylvania, Ohio and Kentucky.
Axion Power International Inc. (NASDAQ:AXPW)
As delisting from NASDAQ is becoming ever more likely, Axion Power International Inc. (AXPW), is ongoing to suffer from poor investor confidence, unless administration can find a way to boost the stock back above $1. With RSI of 26.46 the stock may be underestimated at the moment, but it is a very exploratory buy. The company hit its 52-Week Low of $0.09, on Monday, which is the worst price of the year, while a year ago on Apr 4, 2014, the stock hit its 52-week best price of $10.00.
Axion Power International, Inc. is engaged in the design, development, manufacture, and sale of advanced energy storage devices, components, and systems based on its patented PbC Technology.
Seventy Seven Energy Inc. (NYSE:SSE)
Seventy Seven Energy Inc. (SSE), has become the part of discussion for many research firms and every research firm analyze the stock according to their specific criteria and information.
In a research note on Tuesday, March 3rd, analysts at Wunderlich set a “buy” rating on the stock, and lowered their price target on shares of Seventy Seven Energy from $9.00 to $6.00.
In a research note on Monday, February 2nd, analysts at Jefferies Group set a “buy” rating on the stock and lowered their price target on shares of Seventy Seven Energy from $9.00 to $7.00. As a final point, analysts at Capital One Financial Corp. initiated coverage on shares of Seventy Seven Energy in a research note on Friday, December 19th. They set an “equal weight” rating and a $6.00 price target on the stock. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $16.78.
Seventy Seven Energy Inc. provides oilfield services in the United States. The corporation operates in four segments: Drilling, Hydraulic Fracturing, Oilfield Rentals, and Oilfield Trucking.
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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
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