Big Moves in Focus: Flextronics International Ltd. (NASDAQ:FLEX), Keryx Biopharmaceuticals Inc. (NASDAQ:KERX), Altisource Asset Management (NYSEMKT:AAMC), DreamWorks Animation (NASDAQ:DWA), Rite Aid (NYSE:RAD)

Technology Stocks News 6

Flextronics International (NASDAQ:FLEX) CAO David P. Bennett unloaded 18,000 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $11.17, for a total value of $201,060.00. Following the sale, the chief accounting officer now directly owns 95,650 shares of the company’s stock, valued at approximately $1,068,411. Flextronics International Ltd. (NASDAQ:FLEX) belongs to Technology sector. Its net profit margin is 1.90% and weekly performance is -1.33%. On last trading day company shares ended up $11.10. Flextronics International Ltd. (NASDAQ:FLEX) distance from 50-day simple moving average (SMA50) is 3.05%.

On Dec. 22 Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) announced it has begun shipping AURYXIA™ (ferric citrate) tablets to wholesalers in the U.S. Auryxia is approved for the control of serum phosphorus levels in patients with chronic kidney disease (CKD) on dialysis. Auryxia is the first and only absorbable-iron-based phosphate binder that is clinically proven to effectively control phosphate levels within the KDOQI guidelines range of 3.5 mg/dL to 5.5 mg/dL. Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) shares moved up 1.34% in last trading session and ended the day at $14.34. KERX Gross Margin is 98.10% and its return on assets is -72.40%. Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) quarterly performance is -8.25%.

On Dec. 22, Altisource Asset Management Corporation (NYSEMKT:AAMC) announced that William C. Erbey is stepping down from his position as Director and Chairman of the Board of Directors of the Company, effective January 16, 2015. The Company also announced that David B. Reiner, a current independent Director of the Company, has been appointed Chairman, effective January 16, 2015. Mr. Erbey, who has been Chairman since inception, is stepping down in connection with the Consent Order entered into by Ocwen Financial Corporation with the New York Department of Financial Services. On 02 January, Altisource Asset Management Corporation (NYSEMKT:AAMC) shares moved up 5.50% and was closed at $327.18. Altisource Asset Management Corporation (NYSEMKT:AAMC) year to date (YTD) performance is 5.50%.

DreamWorks Animation (NASDAQ:DWA) announced that it has appointed Bonnie Arnold and Mireille Soria, as co-presidents of feature animation. As part of this transition, chief creative officer Bill Damaschke will step down from his position. DreamWorks Animation SKG Inc. (NASDAQ:DWA) belongs to Services sector. Its net profit margin is -4.40% and weekly performance is -0.31%. On last trading day company shares ended up $22.65. DreamWorks Animation SKG Inc. (NASDAQ:DWA) distance from 50-day simple moving average (SMA50) is 0.36%.

Rite Aid Corporation (NYSE:RAD) on Friday said sales at stores open at least a year grew 5.3% in December, boosted again by strengthening pharmacy sales. Rite Aid Corporation (NYSE:RAD) shares moved up 1.46% in last trading session and ended the day at $7.63. RAD Gross Margin is 28.60% and its return on assets is 4.70%. Rite Aid Corporation (NYSE:RAD) quarterly performance is 52.91%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone