Kolkata, West Bengal -- (SBWIRE) -- 09/13/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Alpha Natural Resources, Inc. (NYSE:ANR), Weatherford International Ltd(NYSE:WFT), LDK Solar Co., Ltd (ADR) (NYSE:LDK).
Alpha Natural Resources, Inc. (NYSE:ANR) shares decreased 4.36% to $6.36. Alpha Natural on Sept. 6 has been initiated with an Underperform at Macquarie on Sept. 6 with a price target of $5.
Additionally, the company on August 28 announced topline results from the ongoing phase 2 of SGI-110 in patients with AML and MDS. The Phase 2 study is a randomized study of SGI-110 given either as 60 or 90 mg/m2 daily for 5 days in a 28-day course. As of end of June data cutoff, 67 AML patients had a minimum follow up of 3 months (50 patients representing the complete cohort of relapsed/refractory AML, and 17 patients in the treatment-naive elderly AML not suitable for induction chemotherapy cohort).
Should Investors Buy ANR After Yesterday’s Jump? Find Out Here
Weatherford International Ltd(NYSE:WFT) shares dropped 4.89% to $14.97. The company announced that it has scheduled a conference call for Tuesday, November 5, 2013 at 8:30 a.m. ET. The purpose of the conference call is to discuss results for the Company's third quarter ended September 30, 2013. The call will be open to the public.
Additionally, Equities research analysts at Cowen and Company increased their target price on shares of Weatherford from $19.00 to $20.00 in a research note issued to investors on August 1. The firm currently has an “outperform” rating on the stock.
How Should Investors Trade WFT After The Recent Volatility? Get Free Trend Analysis Here
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares fell 3.16% and closed at $1.53. The company on Sept. 9 announced its engagement of Jefferies LLC as financial advisor for strategic advice in connection with LDK Solar's offshore debt obligations, including the US$-Settled 10% Senior Notes due 2014.
Additionally, the company on August 27 reported its unaudited financial results for the second quarter ended June 30, 2013. Net sales for the second quarter of fiscal 2013 were $114.7 million, compared to $104.3 million for the first quarter of fiscal 2013, and $235.4 million for the second quarter of fiscal 2012. Net loss for the second quarter of fiscal 2013 was $165.3 million, or a loss of $0.97 per diluted ADS, compared to net loss of $187.1 million, or a loss of $1.21 per diluted ADS for the first quarter of fiscal 2013 and net loss of $254.3 million, or a loss of $2.00 per dwiluted ADS for the second quarter of fiscal 2012.
Is LDK A Good Buy After The Recent Price Movement? Find Out Here
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