Stocks in News: Rite Aid Corporation, Plug Power Inc, Ultra Petroleum Corp, Goodrich Petroleum Corporation

Dallas, TX -- (SBWIRE) -- 03/15/2013 -- 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:-

Rite Aid Corporation (NYSE:RAD) shares climbed 6.29% to $1.86. The company on Feb.27, announced the two winners of the 2012 Favorite Pharmacy Team Member contest are a pharmacy technician from Ada, Ohio, and a long-time customer of the Birmingham, Mich., store. Both were selected at random from more than 13,000 entries in the annual contest honoring Rite Aid's pharmacy team members for their commitment to customer care and service.

Get Latest News, Updates on RAD Here

Plug Power Inc (NASDAQ:PLUG) shares gained 3.85% to $0.170. The company, on Feb. 14, announced that it has priced an underwritten public offering of 18,910,000 shares of its common stock and accompanying warrants to purchase 18,910,000 shares of common stock. The shares and the warrants will be sold together as a fixed combination, with each combination consisting of one share of common stock and one warrant to purchase one share of common stock, at a price to the public of $0.15 per fixed combination for gross proceeds of approximately $2.8 million.

Is PLUG a Strong Buying Opportunity After The Recent Slump? Find out Here

Ultra Petroleum Corp. (NYSE:UPL) shares jumped 6.14% and closed at $20.75. The company, on Feb. 15, announced that for fiscal 2013, it expects annual production to range between 228-238 Bcfe. For first quarter of 2013, it expects production to range between 57.5-59.5 Bcfe. The company is an independent oil and gas company. The Company is engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties.

Is UPL Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Goodrich Petroleum Corporation (NYSE:GDP) shares increased 6.05% and closed at $15.59. The company, on Feb. 20, announced financial and operating results for the year and fourth quarter ended December 31, 2012. The Company announced a net loss of $77.2 million for the quarter, or ($2.12) per basic share, versus a net loss applicable to common stock of $23.8 million, or ($0.66) per basic share in the prior year period.
On Feb. 18, the board of directors of GDP has declared a quarterly cash dividend of $0.6719 per share on its 5.375% Series B Cumulative Convertible Preferred Stock. The dividend will be paid on March 15, 2013 to stockholders of record as of March 1, 2013.

Is GDP Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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