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WNR – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 Mid Day Review: EXM, BTU, DDD, WNR, BZH http://www.usmarketbuzz.com/mid-day-review-exm-btu-ddd-wnr-bzh-757 Tue, 29 Jan 2013 19:37:07 +0000 http://usmarketbuzz.com/?p=757 Excel Maritime Carriers Ltd (NYSE:EXM) shares gained 4.11% to $0.573. Last month, Zacks maintained their long-term Neutral recommendation on Excel Maritime ahead of its third quarter fiscal 2012 financial results. The company has delayed to declare its third quarter results. The company is engaged in providing worldwide sea borne transportation services for drybulk cargo including, among others, iron ore, coal and grain, collectively referred to as major bulks, and steel products, fertilizers, cement, bauxite, sugar and scrap metal, collectively referred to as minor bulks.

Peabody Energy Corporation (NYSE:BTU) shares increased 5.45% to $26.53 in the morning hour after the company reported fourth-quarter net loss of $1.01 billion or $3.78 per share, as compared to net income of $222.4 million or $0.82 per share in the same quarter last year. Adjusted loss from continuing operations for the quarter was $295.2 million. Analysts expected the company to report earnings of $0.25 per share for the quarter. Revenues for the quarter declined to $2.02 billion from $2.23 billion in the prior year quarter. Analysts had consensus revenue estimate of $1.93 billion for the quarter.

3D Systems Corporation (NYSE:DDD) stock jumped 5.70% to $62.89 after the company announced the immediate availability of eight new ProJet 3500 professional 3D printers that deliver greater productivity and are equipped with its latest remote tablet controls for the production of functional plastic parts and investment casting wax patterns for professional grade design and manufacturing applications.

Western Refining, Inc. (NYSE:WNR) stock gained 5.32% to $31.88. The company will begin trading ex-dividend on January 28, 2013. A cash dividend payment of $0.12 per share is scheduled to be paid on February 14, 2013. Shareholders who purchased WNR stock prior to the ex-dividend date are eligible for the cash dividend payment.

Beazer Homes USA, Inc. (NYSE:BZH) shares climbed 5.61% to $19.20 in the early hour. The company slid to a loss in its fiscal first quarter, as sharp gains in home orders and completed sales were offset by the impact of a larger income tax benefit in the same period last year.

The company reported a loss of $20.4 million, or 84 cents per share. That compares with profit of $739,000, or 4 cents per share, in the prior-year quarter, which included a $36.1 million income tax benefit. Beazer’s revenue surged 31% to $246.9 million. Analysts expected a loss of 99 cents per share in the recent quarter on revenue of $260.5 million.

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