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Petr Announces Well Online and Estimates 26,000 Barrels of Oil per Day; MannKind’s Afressa Drug Decision Extended by the FDA

Tuesday, 08 April 2014 12:10 AM

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Petr (NYSE: PBR) – For an in-depth report on Petr follow: www.BullTrends.com/stockquote/PBR

Petr closed up nearly 7% on Monday with about 49 million shares traded. The stock was one of the biggest gainers on the NYSE. The move came after Petr announced that the oil and gas company's "7-SPH-04-SPS Well" went online. The well began operating on April 3 at depths of 2,120 meters. Petr expects the well to produce an estimated 26,000 barrels of oil per day.

MannKind Corp. (NASDAQ: MNKD) - For an in-depth report on MannKind Corp. follow: www.BullTrends.com/stockquote/MNKD

Shares of MNKD closed down 8.01% on about 26.7 million shares traded. The stock was one of the biggest decliners on the NASDAQ. The stock fell as much as 20% after the company updated shareholders on the status of its marketing application for inhaled diabetes therapy Afrezza before the opening bell. The Food and Drug Administration had extended its PDUFA decision on approving or rejecting MannKind's potential blockbuster therapy by three months until July 15, 2014.

SunEdison, Inc. (NYSE: SUNE) - For an in-depth report on SunEdison, Inc. follow: www.BullTrends.com/stockquote/SUNE

Shares of SUNE closed down 8.03% on about 19.7 million shares traded. It was one of the biggest decliners on the NYSE. The company announced it is abandoning a 20 MW project it won in February in India because the job is no longer financially viable. Rules about local manufacturing of panels have resulted in rising prices, and those higher costs make the project unprofitable. The move will cost the company a $333,000 bidding deposit.

Ehouse Global, Inc. (OTCBB: EHOS) - For an in-depth report on Ehouse Global, Inc. follow: www.BullTrends.com/stockquote/EHOS

Shares of EHOS closed up 90.91% on about 21 million shares traded. The stock was one of the biggest gainers in the OTCBB marketplace despite any news released by the company. EHouse Global is a publicly traded company on the OTCBB Market stock exchange under the ticker symbol EHOS. Headquartered in La Jolla, CA, EHouse Global acquires, develops and sells leading edge consumer oriented products ready for rapid commercialization.

 

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