Lakeway, TX -- (SBWIRE) -- 02/26/2013 -- vb-news.net, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Anthera Pharmaceuticals Inc (NASDAQ:ANTH) shares dropped 5.92% and closed at $0.620. The company, on Feb. 5, announced that Senior Vice President of Product Development Georgina Kilfoil has notified the company she will leave the company effective February 15, 2013 to pursue other opportunities.
Additionally, the company, said on Jan. 25, that it has priced an underwritten public offering of about 60.6 million shares of its common stock, offered at a price of $0.66 per share. The company estimates that the gross proceeds from the offering will be $40.0 million.
How Should Investors Trade ANTH After The Solid Jump? Let’s Find Out Here
Swift Energy Company (NYSE:SFY) shares fell 5.79% to $13.18 after SFY’s stock had its target price trimmed by Ladenburg Thalmann from $48.00 to $32.00 in a research note issued to investors yesterday. The firm currently has a buy rating on the stock.
Additionally, the company, on Feb. 21, announced earnings from continuing operations of $11.2 million for the fourth quarter of 2012, or $0.26 per diluted share, a 46% decrease when compared to fourth quarter 2011 earnings from continuing operations of $20.7 million, or $0.48 per diluted share, and an increase of 259% when compared to earnings of $3.1 million in the third quarter of 2012. Total revenues for the fourth quarter of 2012 increased 2% to $157.9 million from the $155.1 million generated in the fourth quarter of 2011.
Is SFY Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Hercules Offshore, Inc. (NASDAQ:HERO) shares fell 5.76% to $6.54. The company, on Feb. 21, announced the execution of an agreement to acquire the offshore drilling rig Ben Avon from a subsidiary of KCA Deutag. The purchase price is $55 million in cash. The Ben Avon is a LeTourneau Class 82 SD-C self-elevating drilling rig registered and flagged in Panama. Subject to completion of certain closing conditions, the Company expects the acquisition to close by late-March 2013.
The company, on Feb. 12, reported a fourth-quarter profit of $4.3 million, or three cents a share, compared with a year-earlier loss of $21.5 million, or 16 cents a share. Higher day rates, the daily price operators pay to rent a drilling rig or vessel, added to Hercules' revenue, which climbed 24% to $202.6 million during the quarter.
Is HERO Buy After The Recent Price Movement? Find Out Here
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