Five Star Equities Issues New Research Reports on AGEN, CIDM, GNK and WLT


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Companies Mentioned

NASDAQ:AGEN / NASDAQ:CIDM / NYSE:GNK / NYSE:WLT
03/21/2014 [ACCESSWIRE]

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Agenus Inc. (NASDAQ: AGEN) shares declined 11.63 percent to close at $3.80 a share Thursday. The stock traded between $3.37 and $4.02 on volume of 3.53 million shares traded. The company’s potential lung cancer treatment, in collaboration with GlaxoSmithKline, failed to meet its first or second co-primary endpoint. Shares of Agenus are up approximately 43.0 percent year-to-date.

Get more information on Agenus and free access to the in-depth equity report at:  
www.FiveStarEquities.com/AGEN

Cinedigm Corp. (NASDAQ: CIDM) shares dropped 11.39 percent to close at $2.80 a share Thursday. The stock traded between $2.66 and $2.84 on volume 3.73 million shares traded. The company announced the pricing of a secondary offering of 10.2 million shares of Class A common stock at a price per share of $2.70. Shares of Cinedigm are up approximately 38.0 percent year-to-date.

Get more information on Cinedigm and free access to the in-depth equity report at:  
www.FiveStarEquities.com/CIDM

Genco Shipping & Trading Limited (NYSE: GNK) shares tumbled 22.98 percent to close at $1.24 a share Thursday. The stock traded between $1.14 and $1.86 on volume of 17.49 million shares traded. The New York Post has reported that Genco Shipping & Trading is expected to file for Chapter 11 bankruptcy. Shares of Genco Shipping & Trading are down approximately 50.0 percent year-to-date.

Get more information on Genco Shipping & Trading and free access to the in-depth equity report at:  
www.FiveStarEquities.com/GNK

Walter Energy, Inc. (NYSE: WLT) shares fell 20.02 percent to close at $7.27 a share Thursday. The stock traded between $7.07 and $8.10 on volume 27.67 million shares traded. The company announced plans to sell $200 million senior secured notes due 2019, which was increased from an initial size of $100 million.  Shares of Walter Energy are down approximately 56.0 percent year-to-date.

Get more information on Walter Energy free access to the in-depth equity report at:  
www.FiveStarEquities.com/WLT

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Five Star Equities has no financial relationship with any company whose stock is mentioned in this release.

Contact:             
Five Star Equities
info@fivestarequities.com

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