On Friday, Following Stocks were among the “Top 100 Losers” of U.S. Stock Market: Molycorp, Inc. (NYSE:MCP), Peabody Energy Corp. (NYSE:BTU), Tesla Motors, Inc. (NASDAQ:TSLA), Rex Energy Corporation (NASDAQ:REXX)
Molycorp, Inc. (NYSE:MCP), with shares declined -8.57%, closed at $0.320.
Peabody Energy Corp. (NYSE:BTU), with shares dropped -8.39%, settled at $5.13, hitting new 52-week low of $5.03.
Tesla Motors, Inc. (NASDAQ:TSLA), with shares dipped -2.84%, and closed at $185.
Rex Energy Corporation (NASDAQ:REXX), plummeted -8.31%, and closed at $3.86.
Latest NEWS regarding these Stocks are depicted underneath:
Molycorp, Inc. (NYSE:MCP)
Formerly on March 16, Molycorp, Inc. (MCP), stated a net loss of $1.43 per share for the quarter. The Corporation stated a net loss of $0.39 per share for the quarter on an adjusted non-GAAP basis. For the full year 2014, the Corporation stated a net loss of $2.70 per share. On an adjusted non-GAAP basis, the Corporation stated a net loss of $1.31 per share for the full year, due largely to impairment of goodwill and other intangible assets and write-offs of certain tangible assets.
Molycorp, Inc. produces and sells rare earths and rare metal materials in the United States and internationally. The corporation’s Resources segment extracts rare earth minerals, counting light rare earth concentrates; rare earth oxides (REO), such as lanthanum, cerium, and neodymium-praseodymium; heavy rare earth concentrates, which comprise samarium, europium, gadolinium, terbium, dysprosium, and others; and SorbX and PhosFIX, a line of rare earth-based water treatment products.
Peabody Energy Corp. (NYSE:BTU)
Formerly on March 16, Peabody Energy Corp. (BTU), declared that the early tender period for the formerly declared tender offer to purchase for cash any and all of the $650 million aggregate principal amount outstanding of its 7 3/8% Senior Notes due 2016 expired at 5:00 p.m., New York City time, on March 13, 2015.Holders of notes that were validly tendered and not validly withdrawn on or preceding to 5:00 p.m. on March 13, 2015, received the total consideration of $1,102.71 per $1,000 principal amount, which comprises of a $30.00 early tender premium for each $1,000 principal amount of notes plus the tender offer consideration of $1,072.71 per $1,000 principal amount. Holders whose notes were accepted for purchase also received accrued and unpaid interest on their purchased notes from the applicable last interest payment date to, but not counting, March 16, 2015.
At the deadline of 5:00 p.m., New York City time, March 13, 2015, $565,651,000 principal amount of all outstanding notes were tendered and not validly withdrawn, representing about 87% of all outstanding notes.
Peabody Energy Corporation engages in the mining of coal. The corporation operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments. It is involved in mining and sale of thermal coal to electric utilities and metallurgical coal for industrial customers.
Tesla Motors, Inc. (NASDAQ:TSLA)
Formerly on March 17, Tesla Motors, Inc. (TSLA), declared its 2014 annual and fourth quarter operating and financial results.
Tesla generated $33.7 million of gross margin, $11.7 million of Adjusted EBITDA and a merged net loss of $(11.5) million on $132.1 million of proceeds during 2014. The Corporation’s merged net revenue declined due to the lower activity and reduced margins across Tesla Canada, Tesla USA and Tesla Offshore, in addition to raised depreciation, an additional provision for bad debts and impairment of goodwill partially offset by an revenue tax recovery and a recovery of stock-based compensation.
Tesla Canada peaked at eight crews and operated over 80,000 channels during the seasonally strong first quarter of 2014 almost all of which was on three-dimensional and three-component programs in the oilsands region. Canadian operations utilized 23,000 stations (69,000 channels) of 3C recording equipment, counting 13,000 stations (39,000 channels) owned by the Corporation.
Tesla Canada also utilized 22,000 field station units of the Corporation’s multi-component wireless attainment system on several noteworthy programs during the first quarter of 2014. Demand for the Hawk system remains strong and it was deployed on smaller projects throughout the year, particularly in the fourth quarter.
To meet growing demand, Tesla Canada continued to expand the Corporation’s wireless multi-component seismic attainment system base with the purchase of 6,000 multi-component geophones and 6,000 Hawk FSUs in January which are presently deployed across Western Canada . These FSU’s have been utilized throughout the United States in addition to on two programs in the United Kingdom during 2014. The Corporation now owns 22,000 Hawk FSUs (66,000 channels).
Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles, electric vehicle powertrain components, and stationary energy storage systems in the United States, China, Norway, and internationally.
Rex Energy Corporation (NASDAQ:REXX)
Formerly on March 16, Rex Energy Corporation (REXX), offered an operational update on the corporation’s Appalachian Basin operations.
Appalachian Basin — Moraine East Area:
In the Moraine East Area, the corporation has accomplished drilling the final well of the four-well Renick pad. The four wells on the pad were drilled to an average lateral length of about 5,820 feet. The corporation anticipates to start completion operations on the four-well Renick pad at the end of March 2015.
Appalachian Basin — Warrior North Prospect, Carroll County, Ohio:
As formerly declared, the corporation’s first quarter 2015 production had been constrained, in part because of involuntary production curtailments in the Warrior North Prospect due to downtime at the Blue Racer compressor station. The issue at the Blue Racer compressor station has been resolved and the corporation does not anticipate future production to be constrained in the Warrior North Prospect.
Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas corporation in the Appalachian and Illinois basins in the United States.
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