On Tuesday, Following U.S. Stocks were among the “Top Losers”: Midstates Petroleum Company, Inc. (NYSE:MPO), Akorn, Inc. (NASDAQ:AKRX), Hercules Offshore, Inc. (NASDAQ:HERO)

• Midstates Petroleum Company, Inc. (NYSE:MPO)’s with shares dwindled -12.82%, closed at $0.85, hitting new 52-week low of $0.77.

• Akorn, Inc. (NASDAQ:AKRX), with shares declined -12.35%, settled at $45.44.

• Hercules Offshore, Inc. (NASDAQ:HERO), with shares dipped -12.32%, and closed at $0.50.

Latest NEWS regarding these Stocks are depicted underneath:

Midstates Petroleum Company, Inc. (NYSE:MPO)

Midstates Petroleum Company, Inc. (MPO), declared that its wholly-owned partner, Midstates Petroleum Corporation LLC, has executed a Purchase and Sale Contract (“PSA”) with Pintail Oil and Gas LLC, a portfolio corporation of Ridgemont Equity Partners, for the sale of its Dequincy assets located in Beauregard and Calcasieu Parishes, Louisiana for total consideration of $44 million, subject to customary purchase price adjustments. The PSA comprises Midstates’ ownership interest in developed and undeveloped acreage totaling about 12,700 net mineral acres in the Dequincy area. At year-end 2014, the properties produced about 1,300 barrels of oil equivalent per day. The transaction does not comprise Midstates’ acreage and interests in the Fleetwood area of Louisiana. The net proceeds from the sale will be used to pay down a portion of the outstanding borrowings under the Corporation’s revolving credit facility and for general corporate purposes. The transaction has an effective date of March 1, 2015 and is predictable to close on or before April 30, 2015, subject to customary closing conditions. RBC Richardson Barr acted as advisors to the Corporation on the transaction.

Mark E. Eck, Midstates’ Executive Vice President and COO commented, “This sale of our Dequincy assets is another step forward in our overall planned plan to add liquidity and focus on our premier position in the Mid-Continent. We will continue to evaluate all options that maximize value for our stakeholders and best position Midstates to succeed in the future.”

Midstates Petroleum Corporation, Inc. is engaged in the exploration, development, and production of oil, natural gas liquids, and natural gas in the United States.

Akorn, Inc. (NASDAQ:AKRX)

Akorn, Inc. (AKRX), reaffirms its 2015 EPS metrics issued on February 26, 2015 calling for proceed of between $960 million and $980 million and adjusted diluted earnings per share (EPS) of between $1.88 and $1.98.

Akorn’s Chief Financial Officer Tim Dick will present at the Barclays Global Healthcare Conference on Thursday, March 12, 2015 at 10:15 a.m. EDT (9:15 a.m. CDT) at the Loews Miami Beach Hotel in Miami Beach, Florida. Mr. Dick’s presentation to investors will be webcast and accessible to interested investors and analysts.

Akorn, Inc. (Akorn), is a manufacturer and markets a full line of diagnostic and therapeutic ophthalmic pharmaceuticals, in addition to hospital drugs and injectable pharmaceuticals.

Hercules Offshore, Inc. (NASDAQ:HERO)

Formerly on February 26, Hercules Offshore, Inc. (HERO), declared that it has received a notice from Saudi Aramco terminating its drilling contract for the Hercules 261, effective March 27, 2015. The Corporation is in the process of seeking a basis for ongoing the Hercules 261 contract. As formerly revealed, the Corporation has been in discussions with Saudi Aramco about a possible rate reduction on the Hercules 262 and Hercules 266. The Corporation has not received a notice of termination from Saudi Aramco with respect to these rigs.

Headquartered in Houston, Hercules Offshore, Inc. operates a fleet of 33 jackup rigs, counting one rig under construction, and 24 liftboats. The Corporation offers a range of services to oil and gas producers to meet their needs during drilling, well service, platform inspection, maintenance, and decommissioning operations in several key shallow water provinces around the world.

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