Stocks in Spotlight: Western Potash Corp, Strategic Hotels and Resorts Inc, Yingli Green Energy Hold. Co. Ltd, Forest Oil 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:-

Western Potash Corp. (TSE:WPX) shares closed at $0.455. The company, on Feb. 28, announced its unaudited operating and financial results for the fourth quarter and the year ended Dec. 31, 2012. The company reported an unaudited net loss of $223 million for full-year 2012, or a loss of $1.12 per share on a fully-diluted basis, compared with a net loss of $302 million, or a loss of $1.53 per share, in 2011. The net loss from continuing operations was $245 million in 2012 vs. $160 million for full-year 2011.

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Strategic Hotels and Resorts Inc(NYSE:BEE) shares gained 4.81% to $8.28. The company, along with certain affiliates of Blackstone Real Estate Partners VI L.P., its joint-venture partner, on Mar. 12 announced that it has closed on a $475 million loan secured by the Hotel del Coronado. This new financing replaces the $425 million financing previously encumbering the property.

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

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares climbed 4.80% to $2.40. YGE’s stock was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Mar. 7. They currently have a $3.20 target price on the stock.
The company released its earnings data Mar. 4. The company reported ($0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.42) by $0.51. The company had revenue of $466.00 million for the quarter, compared to the consensus estimate of $366.38 million.

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

Forest Oil Corporation (NYSE:FST) shares climbed 4.77% to $6.15. 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.

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

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