Following U.S. Stocks were among the “Top Gainers” during Friday’s trade: Walter Energy, Inc (NYSE:WLT), Zynga Inc (NASDAQ:ZNGA),Enphase Energy Inc(NASDAQ:ENPH),BG Medicine, Inc (NASDAQ:BGMD)
Their insights are depicted underneath:
Walter Energy, Inc (NYSE:WLT)’s shares picked up 5.58%, and closed at $0.876.
According to Marketwired, Walter Energy, Inc. (WLT), a leading, publicly traded “pure-play” producer of metallurgical coal for the global steel industry, declared that the Corporation has been notified by the New York Stock Exchange that its ordinary stock does not presently satisfy one of the NYSE’s continued listing standards. The NYSE requires that the average closing price per share of a listed corporation’s ordinary stock be at least $1.00 over a successive 30 trading-day period. As of March 3, 2015, the average closing price per share of the Corporation’s ordinary stock over the preceding 30 trading-day period was $0.99.
Under the NYSE’s rules, the Corporation has six months to regain compliance with the NYSE’s continued listing standards. The Corporation’s ordinary stock will continue to be listed and traded on the NYSE during this period, subject to the Corporation’s compliance with other continued listing standards. As required by the NYSE’s rules, the Corporation plans to notify the NYSE within 10 business days of the receipt of the notice of non-compliance of its intent to cure the deficiency.
The deficiency does not affect the Corporation’s business operations or its Securities and Exchange Commission reporting requirements, and it does not violate any of the Corporation’s credit contracts or other debt obligations.
Walter Energy is a leading, publicly traded “pure-play” metallurgical coal producer for the global steel industry with planned access to steel producers in Europe, Asia and South America. The Corporation also produces thermal coal, anthracite, metallurgical coke and coal bed methane gas. Walter Energy employs about 2,700 employees, with operations in the United States, Canada and the United Kingdom.
Zynga Inc (NASDAQ:ZNGA), raised 5.39%, and closed at $2.54.
Zynga, Inc. (ZNGA), declared that Chief Executive Officer Don Mattrick presented at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on Thursday, March 5, 2015.
Zynga Inc. is a leading developer of the world’s most popular social games that are played by more than 100 million monthly consumers. The corporation has created evergreen franchises such as FarmVille, Zynga Casino and Words With Friends.
Enphase Energy Inc(NASDAQ:ENPH), enhanced 5.37%, and closed at $15.10.
According to BUSINESS WIRE, Enphase Energy, Inc. (ENPH), declared that Paul Nahi, president and CEO, told a House subcommittee that “solar and other energy technologies will play a fundamental role in the new energy economy.” Nahi made his comments during a hearing convened by the House Committee on Energy and Commerce’s Subcommittee on Energy and Power. Titled “21st Century Electricity Challenge: Ensuring a Secure, Reliable and Modern Electricity System,” the hearing examined how new advanced grid technologies can assist support the modernization of the American electricity system while increasing reliability and security.
Nahi testified that the raised deployment and integration of smart solar, storage and energy administration technologies can assist modernize and stabilize the utility grid with a high degree of reliability. “It is my opinion that solar and other energy technologies will play a fundamental role in the new energy economy, as a result of our ability to innovate and scale, resulting in highly cost competitive, reliable and secure energy generation,” he said.
The committee’s series of hearings will also review the positions of the North American Electric Reliability Corporation (NERC) and the Advanced Energy Economy Association and their competing positions on the EPA’s Clean Power proposal. NERC’s position was issued in a report entitled Potential Reliability Influences of EPA’s Projected Clean Power Plan. AEE issued a rebuttal report entitled Compliance with EPA’s Clean Power Plan Unlikely to Materially Affect Electric Grid Reliability. Noting that Enphase has been “built on a foundation of collaboration,” Nahi told the committee that the corporation believes “a healthy industry lifts all market participants.”
Acknowledging that the corporation’s “number-one job is to assist provide clean affordable and renewable energy while increasing grid stability,” Nahi also emphasized to the committee “the urgent need to raise the security of our energy supply. Energy security is fundamental to the health of our country. It must be recognized that new, clean energy resources can play a noteworthy role in ‘enhancing’ our energy security.”
Enphase Energy delivers energy administration technology for the solar industry that raises energy production, simplifies design and installation, improves system uptime and reliability, reduces fire safety risk and provides a platform for intelligent energy administration.
BG Medicine, Inc (NASDAQ:BGMD), rose 4.77%, and closed at $0.900. The company has the market capitalization of $31.10M. The beta value of the stock is 1.33. On the other hand the stock’s volatility for the week is 15.20%, and for the month is 11.30%. The stock price to book value is $18, however price to sale value is $9.15. Analyst’s mean recommendation regarding this stock is 3. (where 1=Buy, 5=Sale).
BG Medicine, Inc. (BGMD), the developer of the BGM Galectin-3(R) Test, is focused on the development and delivery of diagnostic solutions to aid in the clinical administration of heart failure and related disorders.
