Stocks to Watch: Alpha Natural Resources, Keryx Biopharmaceuticals, KAR Auction Services Inc, Vantage Drilling Company

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:-

Alpha Natural Resources, Inc. (NYSE:ANR) shares gained 3.75% to $8.31. The company announced that members of Alpha's management team will participate in Howard Weil's 41st Annual Energy Conference on Wednesday, March 20, 2013; and Barclays Americas Mining and Materials Forum on Thursday, March 21, 2013.

Additionally, the company, on Mar. 11, announced that 10 mines and other facilities operated by its affiliates in West Virginia have been honored for outstanding safety achievements in 2012, including the state's top safety award for surface mining.

Get Latest News, Updates on ANR Here

Keryx Biopharmaceuticals(NASDAQ:KERX) shares jumped 3.66% to $7.37. The company, on Mar. 11, announced its results for the fourth quarter and year ended December 31, 2012. The net loss for the fourth quarter was $6.6 million or $0.09 per share, compared to $8.4 million, or $0.12 per share for the 2011. The change in net loss in the fourth quarter of 2012 from 2011 was primarily attributable to a $3.1 million decrease in research and development expenses due to the cessation of the development of KRX-0401 since May 2012.

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

KAR Auction Services Inc (NYSE:KAR) shares jumped 3.64% and closed at $20.51. The company, on Mar. 13, announced that it has entered into an amendment to its Credit Agreement dated as of May 19, 2011 (the "Credit Agreement"). The amendment, among other things, provides for the repricing of the term loans under the Credit Agreement through the incurrence of $1,674.5 million of new term loans (the "New Term Loans"). The interest rate of the New Term Loans was reduced to LIBOR plus 2.75% with a LIBOR floor of 1.00%.

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

Vantage Drilling Company(NYSEAMEX:VTG) shares gained 3.61% to $1.72. The company, on Feb. 15, reported a net loss for the three months ended December 31, 2012 of $11.5 million or ($0.04) per diluted share excluding approximately $122.1 million of charges for the early retirement of debt, as compared to a net loss of $9.3 million or ($0.03) per diluted share for the three months ended December 31, 2011. Including the charges for the early retirement of debt, the Company reports a net loss of $133.6 million or ($.45) per diluted share for the three months ended December 31, 2012.

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

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