Weatherford International Hits New Yearly High; Zogenix Issues Update on Zohydro ER


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Companies Mentioned

NYSE:WFT / NASDAQ:AAL / NASDAQ:PNC / NASDAQ:ZGNX
04/17/2014 [ACCESSWIRE]

Weatherford International Ltd. (NYSE: WFT) – For an in-depth report on Weatherford International Ltd. follow: www.BullTrends.com/stockquote/WFT

Shares of WFT closed up 6.81% on Wednesday with about 21.8 million shares traded almost. The stock was one of the biggest gainers on the NYSE and hit a new yearly high of $18.28 during intra-day trading. The jump may be a result of the U.S rig count rising. The counts show one measure of oil and gas drilling activity, the figure can also be a useful indicator to gauge the activity levels of oilfield service companies such as WFT.

American Airlines Group Inc. (NASDAQ: AAL) - For an in-depth report on American Airlines Group Inc. follow: www.BullTrends.com/stockquote/AAL

Shares of AAL closed up 5.31% on Wednesday with about 15.6 million shares traded. The company will webcast a live audio feed of its first quarter 2014 financial results conference call with financial reporters and analysts on Thursday, April 24, at 10:30 a.m. CDT.

The PNC Financial Services Group, Inc. (NYSE: PNC) - For an in-depth report on The PNC Financial Services Group, Inc. follow: www.BullTrends.com/stockquote/PNC

Shares of PNC Financial Services closed up a modest 2.71% on about 4.3 million shares traded. The stock was one of the most active stocks on the NYSE. The company beat earnings estimates in its first quarter and recorded net income of $1.82 for the three months to March. Analysts surveyed by Thomson Reuters had expected $1.66 a share in net income. 

Zogenix, Inc. (NASDAQ: ZGNX) – For an in-depth report on Zogenix, Inc. follow: www.BullTrends.com/stockquote/ZGNX

Shares of ZGNX closed up 20.51% on Wednesday with about 6.9 million shares traded almost. The stock was one of the biggest gainers on the NASDAQ as well as one of the most active. The company issued a press release noting that the U.S. District Court in Massachusetts entered an order to prevent the implementation of the state's ban on the company’s Zohydro ER, effective April 22, 2014.

 

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