Russian Hill Capital, LP, would like to make investors aware of new language that The Bank of New York Mellon Trust Company (the “Trustee”) has included in the latest annual report for Whiting USA Trust (NYSE:WHX). Whiting USA Trust (NYSE:WHX) shares after opening at $5.08 moved to $5.26 on last trade day and at the end of the day closed at $3.50. Company price to sales ratio in past twelve months was calculated as 1.62 and price to cash ratio as 242.62. Whiting USA Trust (NYSE:WHX) showed a negative weekly performance of -33.96%.
Magnegas Corporation (NASDAQ:MNGA)’s stock dropped 3.92% to $1.47. The company on Mar. 27 announced its financial results for the fiscal year ending December 31, 2013. MagneGas Corporation (NASDAQ:MNGA) shares fell -10.60% in last trading session and ended the day on $1.35. MNGA return on equity ratio is recorded as -87.60% and its return on assets is -81.20%. MagneGas Corporation (NASDAQ:MNGA) yearly performance is 20.54%.
Arthur Levinson notified Amyris, Inc. (NASDAQ:AMRS) that he would, effective as of the Company’s upcoming 2014 annual meeting of stockholders, resign as a member of the Company’s Board of Directors (the “Board”) due to increasing time commitments as Chief Executive Officer of Calico. Amyris Inc (NASDAQ:AMRS) shares moved down -5.70% in last trading session and was closed at $3.64 while trading in range of $3.62 – $3.95 – Amyris Inc (NASDAQ:AMRS) year to date (YTD) performance is -31.19%.
Hyperdynamics Corporation (NYSE:HDY) announced that it has communicated to the Government of Guinea and Tullow its response to Tullow’s assertion without advance notification or discussion of force majeure and suspension of plans to commence drilling of an exploratory well offshore Guinea. Hyperdynamics Corporation (NYSE:HDY) weekly performance is -16.27%. On last trading day company shares ended up $1.75. Hyperdynamics Corporation (NYSE:HDY) distance from 50-day simple moving average (SMA50) is -64.46%. Analysts mean target price for the company is $8.50.