Eye Catching Stocks: Ariad Pharmaceuticals (NASDAQ:ARIA), Informatica (NASDAQ:INFA), Canadian Pacific Railway Limited (NYSE:CP), EnLink Midstream, LLC (NYSE:ENLC), Trex (NYSE:TREX)

Technology Stocks News 11

Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) an oncology company, is engaged in the discovery, development, and commercialization of medicines for cancer patients. Currently there are 5 analysts that rate ARIAD Pharmaceuticals a buy, no analysts rate it a sell, and 6 rate it a hold. Ariad Pharmaceuticals Inc. (NASDAQ:ARIA)’s stock on 31 July traded at beginning with a price of $6.03 and when day-trade ended the stock finally moved down -5.88% to end at $5.76. Ariad Pharmaceuticals Inc. (NASDAQ:ARIA)’s showed weekly performance of -6.80%.

Informatica Corporation (NASDAQ:INFA) shares were hit hard last week when 2014 guidance was cut from the range of $1.55 – $1.65 to $1.50 – $1.60. Analysts at Nomura think the selloff is a buying opportunity. The research house raised its rating from Hold to Buy, but cut the price target from $48 to $41 (31.6 percent upside). Informatica Corporation (NASDAQ:INFA) on Thursday closed at $31.72. Stock institutional ownership is 95.70% while insider ownership includes 1.00%. Informatica Corporation (NASDAQ:INFA) distance from 50-day simple moving average (SMA50) is -10.61%.

The Board of Directors of Canadian Pacific Railway Limited (NYSE:CP) today declared a quarterly dividend of thirty-five cents ($0.35) Canadian per share on the outstanding Common Shares. Canadian Pacific Railway Limited (NYSE:CP)’s shares on Thursday traded in the range of 189.65 – 192.68and ended up on $189.95. Canadian Pacific Railway Limited (NYSE:CP) distance from 200-day simple moving average (SMA200) is 20.63%. CP’s sales growth for past 5 years was 4.00% and its EPS growth for past 5 years was 5.20%.

On July 25, 2014, EnLink Midstream, LLC (NYSE:ENLC) issued a press release announcing that on August 14, 2014, it will pay a quarterly distribution of $0.22 per common unit to its common unitholders of record on August 4, 2014. A copy of the press release is furnished as an exhibit to this Current Report on Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and in the attached exhibit shall be deemed to be furnished and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). EnLink Midstream, LLC (NYSE:ENLC)’s stock on 31 July moved down -2.05% to the closing price of $38.21. Its fifty two weeks range is $18.50 – 42.88. The total market capitalization recorded $6.267B. EnLink Midstream, LLC (NYSE:ENLC) monthly performance is -8.37%.

Trex Co. Inc. (NYSE:TREX) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow. Trex Co. Inc. (NYSE:TREX) on Thursday closed at $28.15. Stock institutional ownership is 96.40% while insider ownership includes 1.30%. Trex Co. Inc. (NYSE:TREX) distance from 50-day simple moving average (SMA50) is -5.19%.

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