Pompano Beach FL, January 4, 2013 - Good Times Restaurants Inc. (NASDAQ: GTIM) stock surged 26.04% to $3.05 after the company announced its same store sales increased 11.6% for the month of December and 3.8% for its first fiscal quarter. Sales for the new breakfast daypart featuring authentic Hatch Valley Green Chile Breakfast Burritos were approximately 5.9% for the quarter, which was rolled out system-wide throughout the quarter.
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Harvest Natural Resources, Inc. (NYSE: HNR) shares climbed 16.72% to $10.75 after the company announced that it has encountered oil in the wildcat well Dussafu Tortue Marin-1 (DTM-1) drilled in the Dussafu Marin PSC, in the offshore waters of Gabon, West Africa. Harvest operates the Dussafu PSC, holding a 66.667 percent interest. The well was spudded on November 19, 2012, and is being drilled to test the potential of the pre-salt Gamba and Dentale Formations.
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Excel Maritime Carriers Ltd (NYSE: EXM) shares gained 21.24% to $0.547 in the morning hour. Zacks reissued their neutral rating on shares of Excel Maritime Carriers in a research note issued to investors on Dec. 24. The firm currently has a $0.50 target price on the stock. The company is engaged in providing worldwide sea borne transportation services for drybulk cargo including, among others, iron ore, coal and grain, collectively referred to as major bulks, and steel products, fertilizers, cement, bauxite, sugar and scrap metal, collectively referred to as minor bulks.
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Eagle Bulk Shipping Inc. (NASDAQ: EGLE) stock jumped 46.66% to $2.63. The 52 week trading range for the company is $1.32 - $9.80. The shares of the company declined 36% in the last one year. The company is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.
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Acme Packet, Inc. (NASDAQ: APKT) stock surged 8.89% to $23.28 after APKT’s stock was upgraded by investment analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a note issued to investors today. The firm currently has a $27.00 target price on the stock. Additionally, analysts at Oppenheimer reiterated a “perform” rating on shares of Acme Packet in a research note to investors on November 15.
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