Boston, MA 04/02/2014 (wallstreetpr) – GASTAR EXPLORATION, Inc. (NYSEMKT:GST) hosts equity analysts and investors today, where the company’s senior management will provide details about current and future operations plans. The management will particularly take analysts and investors through discussions on expanded drilling inventory in Marcellus Shale. The event takes place in Houston, Texas. The company’s CEO J. Russell Porter will lead his senior management team during the discussion event. The event comes just when the company recently announced the increase of its borrowing base which now stands at $120 million under the revolving credit facility. The new revolving credit amount represents addition of $20 million over the borrowing base as of December 2013. GASTAR EXPLORATION, INC. (NYSEMKT:GST) is involved in the business of exploration, development and production of oil and natural gas.
Pharmacyclics, Inc. (NASDAQ:PCYC) is showing signs of bounce-back and takeoff after recent decline. Share of the company have been rising steadily in recent times, hitting more than 7 percent jump Tuesday. The stock suffered a one-month pullback, falling from its high price levels of the year. The cancer traded company also witnessed nearly double the average volume of shares changing hands. Investors are visibly impressed by Pharmacyclics, Inc. (NASDAQ:PCYC)’s progress in developing therapies for cancer and the market opportunities for such drugs.
Bridgepoint Education Inc (NYSE:BPI), possibly trading on the positive analyst note, jumped more than 6 percent Tuesday to edge closer to the 52-week high. The stock had its rating adjusted upwards and stock price estimates maintained at a point higher than the prevailing price. Analysts at BMO Capital upped rating on BPI stock to outperform from market-perform and reiterated their price target at $19. Shares closed at $15.79 Tuesday. The analysts observed that Bridgepoint Education Inc (NYSE:BPI), which offers postsecondary education services, has gotten most of its troubled behind and also solidified its operations for a strong future. Among other things, the company switched accreditation and increased its focus on student retention, not to mention delivering quality service that will even attract more students to its services. Its continuing education programs are also important for its revenue growth.
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