Dallas, TX -- (SBWIRE) -- 03/19/2013 -- Marketbuzzreport.com, 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:-
ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) shares increased 5.50% and closed at $6.52. Analysts at Jefferies Group initiated coverage on shares of ACAD in a research report issued to clients and investors on Mar. 18. The firm set a “buy” rating on the stock.
Additionally, the company, on Mar. 12, announced its financial results for the fourth quarter and year ended December 31, 2012. ACADIA reported a net loss of $6.8 million, or $0.11 per common share, for the fourth quarter of 2012, compared to a net loss of $5.3 million, or $0.10 per common share, for the fourth quarter of 2011.
Get Latest News, Updates on ACAD Here
Huntington Bancshares Incorporated (NASDAQ:HBAN) shares jumped 0.50% to $7.47 after the company announced today that it has exceeded its 2010 $4 billion lending commitment to small businesses in six states. More than 24,000 small businesses obtained loans over the three-year period, helping to jump start hiring in Huntington's markets, which stretch from West Virginia to Michigan. Small businesses create more than 66 percent of all new jobs.
Is HBAN a Strong Buying Opportunity After The Recent Slump? Find out Here
Gastar Exploration Limited (USA)(NYSEAMEX:GST) shares climbed 14.71% to $1.57. The company, on Mar. 11, reported financial and operating results for the three and twelve months ended December 31, 2012. Net income attributable to Gastar's common shareholders for the fourth quarter of 2012 was $2.9 million, or $0.05 per diluted share.
Looking forward, the company, on Mar. 11, announced that for the first quarter of 2013, it is reducing its average daily production guidance to 38 MMcfe to 41 MMcfe, versus 41 MMcfe to 43 MMcfe per day.
Is GST Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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