Dallas, TX -- (SBWIRE) -- 03/07/2013 -- 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:-
Royal Gold, Inc USA) (NASDAQ:RGLD) shares jumped 4.82% and closed at $65.93 in the last trading session. The company, on Feb. 26, announced the expansion of its Board of Directors from seven to eight members, and the election of Ronald J. Vance to fill the newly created position. Mr. Vance has over 30 years of experience in the mining industry as a senior executive in the areas of corporate development, marketing, project development, and finance.
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Aegerion Pharmaceuticals, Inc. (NASDAQ:AEGR) shares gained 4.79% to $36.12 after the company yesterday reported fourth-quarter net loss of $21.8 million or $0.86 per share, from $13.9 million or $0.66 per share in the year ago quarter. Analysts expected the company to report a loss of $0.64 per share for the quarter. Research and development expenses for the quarter were $8.6 million, compared to $8.4 million for the same period in 2011.
Is AEGR a Strong Buying Opportunity After The Recent Slump? Find out Here
SandRidge Energy Inc. (NYSE:SD) shares gained 4.74% to $5.74. Wunderlich decreased their price target on shares of SandRidge from $7.00 to $5.00 in a research note issued on Mar. 4. The firm currently has a “hold” rating on the stock.
Additionally, the company, on Feb. 28, reported a fourth quarter net loss of $301.79 million or $0.63 per share, narrower than $388.60 million or $0.97 per share in the prior-year quarter. Adjusted net income for the quarter was $35.29 million or $0.06 per share. Analysts expected the company to report breakeven per share results for the fourth quarter. Total revenues for the quarter soared to $1.34 billion from $373.84 million in the same quarter last year, and significantly topped analysts' consensus estimate of $551.11 million.
Is SD Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
Forest Oil Corporation (NYSE:FST) shares jumped 4.64% and closed at $5.64. Analysts at Howard Weil lowered their price target on shares of FST from $9.00 to $7.00 in a research report issued to clients and investors on Mar. 4. The firm currently has a “sector perform” rating on the stock.
The company, on Feb. 20, announced financial and operational results for the fourth quarter and full-year 2012 and provided year-end estimated proved reserves. For the three months ended December 31, 2012, Forest reported a net loss of $287 million, or $(2.48) per diluted share. Adjusted net earnings and earnings per share on a diluted basis was $17 million, or $0.14 per diluted share, compared to $20 million, or $0.18 per diluted share, in the corresponding 2011 period.
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