James River Coal Company (NASDAQ:JRCC), a U.S. based leading mine operator, made the announcement on April 7, 2014, that the firm and its associated subsidiaries voluntarily filed a petition for the Bankruptcy Code of Chapter 11 in the Court of Bankruptcy in the Eastern District, Richmond Virginia Division. By filing for Chapter 11 petition, JRCC intends to use Ch. 11’s processes for implementing a complete turnaround strategy for addressing the challenges being faced by the firm in the industry of coal mining. James River Coal Company (NASDAQ:JRCC) shares after opening at $0.29 moved to $0.30 on last trade day and at the end of the day closed at $0.230. Company price to sales ratio in past twelve months was calculated as 0.01 and price to cash ratio as 0.14. James River Coal Company (NASDAQ:JRCC) showed a negative weekly performance of -71.95%.
Yongye International (NASDAQ:YONG) announced Wednesday that it has agreed to an amended proposal to be acquired in a ‘going private’ transaction at $7.10 per Share. Yongye International, Inc (NASDAQ:YONG) shares advanced 2.20% in last trading session and ended the day on $6.96. YONG return on equity ratio is recorded as 31.50% and its return on assets is 21.00%. Yongye International, Inc (NASDAQ:YONG) yearly performance is 30.83%.
NuStar Energy L.P. (NYSE:NS) and NuStar GP Holdings, LLC (NSH) announced that on March 3, 2014 they filed their respective Annual Reports on Form 10-K for the year ended December 31, 2013 with the U.S. Securities and Exchange Commission. The filings can be viewed at NuStar Energy L.P. and NuStar GP Holdings, LLC’s Web sites at www.nustarenergy.com and www.nustargpholdings.com under the Investors section. NuStar Energy L.P. (NYSE:NS) shares moved up 0.90% in last trading session and was closed at $54.72 while trading in range of $53.81 – $55.79 – NuStar Energy L.P. (NYSE:NS) year to date (YTD) performance is 9.66%.
Equities researchers at Citigroup Inc. started coverage on shares of World Point Terminals (NYSE:WPT) in a research report issued on Friday, Stock Ratings Network reports. The firm set a “neutral” rating on the stock. World Point Terminals LP (NYSE:WPT) weekly performance is 9.18%. On last trading day company shares ended up $22.60. World Point Terminals LP (NYSE:WPT) distance from 50-day simple moving average (SMA50) is 8.58%. Analysts mean target price for the company is $22.83.
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