New York, NY – (NISMAGAZINE) – 3/25/2013- 1st NRG Corp. (PINK:FNRC) shot up 54.17% to $0.0037 after trading over 80 million shares compared to its normal daily average of just 4.5 million shares. It is an exploration and production company headquartered in Denver, Colorado. The Company currently holds natural gas (CBM) assets in the Powder River Basin of Wyoming. The company trades at a market cap of just $40,271.
Is FNRC a solid investment at these levels? Find out here.
Eagle Bulk Shipping Inc. (NASDAQ:EGLE) shed 5.43% to close at $3.66 after trading 1.2 million shares. The company is the largest U.S.-based owner of Handymax dry bulk vessels and its modern fleet is comprised mainly of Supramax class vessels, a larger and more efficient Handymax design that enjoys strong demand from customers around the world. Stocks in the dry bulk shipping sector have been staging a rally for the past couple of months, and spiked last week on news that the Chinese economy was showing sustainable signs of recovery. However investors should be wary that companies in the sector could face the risk of bankruptcy prior to a return to long-term profitability.
How Should Investors Trade EGLE Now? Find out here.
Apollo Group Inc (NASDAQ:APOL) vaulted 7.1% at $18.25 after trading 15.7 million shares compared to the daily average volume of 2.6 million shares. The company is a private education provider and offers educational programs and services both online and on-campus at the undergraduate, master’s and doctoral levels through its wholly owned subsidiaries. The company declared FQ2 EPS of $0.34 which beat by $0.16 and revenue of $834.4 million which beat by $11.6 million.”Higher education is rapidly evolving as workforce demands and technological innovations drive change in our global economy, said Apollo Group Chief Executive Officer Greg Cappelli. “We are further positioning our organization and brand with our continued commitment to help students acquire real workplace skills, achieve their academic goals, and through the power of education realize their career aspirations.” The company guided revenue during 2013 in the range $3.65 billion-$3.75 billion. The company also revealed a share repurchase program of a value of $250 million.
How Should Investors React To APOL Now? Find out here.
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