Morning Buzz: Molycorp, Inc. (NYSE:MCP), Staples, Inc. (NASDAQ:SPLS), Gastar Exploration Inc. (NYSEMKT:GST), Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX), Waste Management, Inc. (NYSE:WM)

On November 20, 2014, Molycorp, Inc. (NYSE: MCP) entered into an exchange agreement with a holder of the Company’s 6.00% convertible senior notes due 2017 (the “2017 Notes”) and 5.50% convertible senior notes due 2018 (the “2018 Notes”, and together the with the 2017 Notes, the “Notes”) pursuant to which such holder agreed to exchange $27 million in aggregate principal amount of the 2017 Notes and $11 million in aggregate principal amount of the 2018 Notes for up to a maximum of 15,056,603 shares, but not less than 11,239,436 shares, of the Company’s common stock, par value $0.001 per share (the “Common Stock”). Molycorp, Inc. (NYSE:MCP) belongs to Basic Materials sector. Its weekly performance is -8.80%. On last trading day company shares ended up $1.14. Molycorp, Inc. (NYSE:MCP) distance from 50-day simple moving average (SMA50) is -15.58%.

Staples Inc. (NASDAQ:SPLS) is accelerating its store closings this year and making progress toward its “reinvention,” but the office supply chain expects fewer holiday sales compared to last year. Staples, Inc. (NASDAQ:SPLS) shares moved up 1.01% in last trading session and ended the day at $14.05. SPLS Gross Margin is 25.70% and its return on assets is 4.60%. Staples, Inc. (NASDAQ:SPLS) quarterly performance is 29.02%.

Gastar Exploration (NYSE:GST) Director Stephen A. Holditch acquired 6,000 shares of Gastar Exploration stock on the open market in a transaction that occurred on Wednesday, November 12th. The shares were purchased at an average price of $4.18 per share, with a total value of $25,080.00. Following the transaction, the director now directly owns 49,156 shares of the company’s stock, valued at approximately $205,472. On 21 November, Gastar Exploration Inc. (NYSEMKT:GST) shares moved up 5.13% and was closed at $4.30. GST EPS growth in last 5 year was 46.90%. Gastar Exploration Inc. (NYSEMKT:GST) year to date (YTD) performance is -37.86%.

Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) on Nov. 21 announced that it has priced its offering of $80,000,000 aggregate principal amount of 5.25% Convertible Senior Notes due 2021 in a private offering within the United States. The Convertible Notes were offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) ended the last trading day at $0.95. Company weekly volatility is calculated as 6.23% and price to cash ratio as 8.51. Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) showed a weekly performance of -25.78%.

Houston-based Waste Management Inc. (NYSE: WM) settled with Harris County and the state of Texas on a lawsuit against subsidiary McGinnis Industrial Maintenance Corp., or MIMC, for $29.2 million settlement, ultimately dismissing the state and county’s claims against Waste Management of Texas Inc. for disposing of toxic paper-mill waste into the San Jacinto River. Waste Management, Inc. (NYSE:WM) shares moved up 0.43% in last trading session and ended the day at $48.53. WM Gross Margin is 43.70% and its return on assets is 0.50%. Waste Management, Inc. (NYSE:WM) quarterly performance is 5.23%.