Hyperdynamics Corporation Soars on Tullow Oil Force Majeure; Samsung Wont Expand Universal Display TV Production


Follow this company

Companies Mentioned

NYSE:HDY / NASDAQ:NEWL / PK:VOIS / NASDAQ:OLED
05/06/2014 [ACCESSWIRE]

Hyperdynamics Corporation (NYSE: HDY) - For an in-depth report on Hyperdynamics Corporation follow: www.BullTrends.com/stockquote/HDY

Shares of Hyperdynamics Corporation closed up nearly 200% on Monday with about 26.3 million shares traded. The stock was one of the biggest gainers on the NYSE. News revealed that its drilling partner Tullow Oil had lifted its force majeure on a joint project in Guinea. Tullow Guinea Limited provided notice to the Government of Guinea that it had lifted its Force Majeure effective from May 3.

NewLead Holdings Limited (NASDAQ: NEWL) - For an in-depth report on NewLead Holdings Limited follow: www.BullTrends.com/stockquote/NEWL

Shares of NewLead Holdings closed down 27.50% on about 22.6 million shares traded. The stock was one of the biggest decliners on the NASDAQ. There was no news to explain the decline. The company transports various products, including gasoline, jet fuel, iron ore, coal, and grains.

Mind Solutions, Inc. (OTC: VOIS) - For an in-depth report on Federal Mind Solutions, Inc. follow: www.BullTrends.com/stockquote/VOIS

Shares of Mind Solutions Inc. closed up 59.09% on about 216 million shares traded. The stock was one of the biggest gainers in the OTC market as well as one of the most active. The company provided an update to shareholders to inform them of the progress being made to complete The Company's EEG Headset and solidify a partner with deeper resources and market penetration.

Universal Display Corp. (NASDAQ: OLED) - For an in-depth report on Universal Display Corp. follow:  www.BullTrends.com/stockquote/OLED

Shares of OLED closed down 9.73% on about 2 million shares traded on Monday. The stock hit a new yearly low of $23.45 during intra-day trading. The drop came after it was reported that Samsung won't expand its OLED TV production. According to Nikkei Asian Review, Samsung abandoned its plans for a new facility that would produce next-generation OLED panel for TVs due to production inefficiency and price competition.

 

Disclosure: BullTrends.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please read our report and visit our website, for complete risks and disclosures.

COMMENTS

Leave a comment...
 * 

Your Name
 *