Tag: NYSE:GSE

  • Basic Material Top Losers – Alcoa Inc (NYSE:AA), Natural Resource Partners LP (NYSE:NRP), MagneGas Corporation (NASDAQ:MNGA), GSE Holding (NYSE:GSE)

    A subsidiary of Alcoa Inc (NYSE:AA) has pleaded guilty and along with the parent company will pay $384 million for paying bribes to the kingdom of Bahrain through a London-based middleman. Alcoa Inc (NYSE:AA) stock opened at $9.98 in last session, and closed at $10.11, while the day range of stock is $9.82 – $10.20. The stock showed a negative weekly performance of -4.35%.

    Natural Resource Partners LP (NYSE:NRP) has been the subject of a number of recent research reports. Analysts at Hilliard Lyons downgraded shares of Natural Resource to an “underperform” rating in a research note to investors on Friday. On a related note, analysts at Stifel Nicolaus downgraded shares of Natural Resource from a “buy” rating to a “hold” rating in a research note to investors on Friday. Natural Resource Partners LP (NYSE:NRP) stock opened at $18.83, in last session and closed at $16.60, by losing -18.39%. The 52 week range of the stock is $16.60 – $24.36. Company’s market capitalization is $1.82 billion.

    MagneGas Corporation (NASDAQ:MNGA) jumped 49.50% yesterday following a 50% gain on Wednesday, consolidating its past two-day rally around 125% after news hit the market that its Italian Distributor, “Nuova MagneGas Italia” has signed a contract with the Italian National Alternative Energy Laboratory to perform various tests on MagneGas fuels. MagneGas Corporation (NASDAQ:MNGA) stock decreased -10.60% and finished the last session at $1.35. The EPS of the stock remained -0.38. Company’s market capitalization is $30.88 billion.

    GSE Holding, Inc. (NYSE: GSE) and certain of its affiliates (collectively with the Company, the “Credit Parties”), including GSE Environmental, Inc., the borrower and a wholly owned subsidiary of the Company, entered into a waiver and seventh amendment (the “Amendment”) to its first lien senior secured credit facility with General Electric Capital Corporation (the “Agent”) and the other financial institutions party thereto (as amended from time to time, the “First Lien Credit Facility”). The First Lien Credit Facility provides funding to the Company’s U.S. GSE Holding Inc (NYSE:GSE) stock opened the session at $2.07, and closed the session at $1.39. The 52 week range of the stock remained $1.36 – $8.43 and the day range was $1.36 – $2.47.