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Los Angelas, CA -- (SBWIRE) -- 12/28/2012 -- Magnum Hunter Resources Corp. (NYSE:MHR) unveiled what the oil-and-gas producer said are the best well results from the 42 successful ones it has drilled in the Eagle Ford shale of South Texas since 2010. They are so good that Chief Executive Gary Evans said management and the board “may very well have second thoughts about our decision to possibly completely divest these properties at this time.” Shares rose 0.5% to $3.80 premarket.
Can MHR Extend Rally? Find Out Here
Barnes & Noble, Inc. (NYSE:BKS) is expected by Stifel Nicolaus to report a 2 percent rise in in-store sales during the holiday period compared to 2011, and this will be driven by strength in educational toys and games. The firm has predicted that NOOK revenue will see a boost of 12 percent year over year, but it keeps its Hold rating on the stock.
Is BKS Ready To Move Back To New Highs This Year? Find Out Here
Herbalife Ltd.(NYSE:HLF) shares increased 3.25% to $28.30. The company, this week, said it has hired a strategic adviser and will hold an analyst and investor meeting next month in an effort to thwart a wave of criticism reignited by investor William Ackman. In addition, Herbalife is working with law firm Boies, Schiller & Flexner LLP in connection with the dispute, according to people familiar with the matter. It wasn’t immediately clear what kind of counsel Boies Schiller might provide.
How Should Investors React To HLF Now? Find Out Here
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares increased 1.67% to $1.22 after the company announced that the China International Economic and Trade Arbitration Commission (CIETAC) stated that the wafer equipment supply contract entered into in July 2008 between LDK Solar and JYT Corporation of Beijing (JYT) is valid and effective through the duration and at terms and conditions related to quantities and prices set forth therein.
Is LDK Showing Any Sign of Buy At The Current Market Price? Find Out Here
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