Hot Alert – Oi SA (ADR) (NYSE:OIBR), Lentuo International Inc (ADR) (NYSE:LAS) , Delek US Holdings, Inc. (NYSE:DK) , CONN’S, Inc. (NASDAQ:CONN)

Technology Stocks News 13

On 16 July 2014, Oi SA (ADR) (NYSE:OIBR) entered into a Memorandum of Understanding (“MOU”) with PT SGPS to establish the basis of an agreement between them in relation to financial investments in Rio Forte commercial paper (the “Securities”) made by the Oi Subsidiaries. Oi SA (ADR) (NYSE:OIBR) stock performance was 10.83% in last session and finished the day at $0.753. Traded volume was 50.03million shares in the last session and the average volume of the stock remained 20.30million shares. The beta of the stock remained 1.22.

Lentuo International Inc (ADR) (NYSE:LAS) reported its financial results for the first quarter ended March 31. “I am extremely pleased to report a profitable start to 2014, as we build upon the momentum we gained last year,” said Hetong Guo, Founder and Chairman of Lentuo International. “Our turnaround to profitability in the first quarter was the result of three main factors. First, we succeeded in raising the average selling price of our new vehicles by nearly 13 percent, which helped us achieve a nearly 12 percent increase in quarterly revenue. Lentuo International Inc (ADR) (NYSE:LAS) dropped -3.93 percent to $2.20 Wednesday on volume of 54,604.00million shares. The intra-day range of the stock was $2.13 to $2.30. Lentuo International Inc (ADR) (NYSE:LAS) has a market capitalization of $64.83million.

Delek US Holdings, Inc. (NYSE:DK) (“Delek US”) today announced that the Company intends to issue a press release summarizing second quarter 2014 results after the U.S. stock market closes on Wednesday, August 6, 2014. A conference call to discuss second quarter 2014 results is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET) on Thursday, August 7, 2014. Delek US Holdings, Inc. (NYSE:DK)’s stock on July 16, 2014 reported a decrease of -2.07% to the closing price of $28.34. Its fifty two weeks range is $19.83 -$35.11. The total market capitalization recorded $1.72billion. The overall volume in the last trading session was 342,250.00million shares. In its share capital, DK has 60.73million outstanding shares.

CONN’S, Inc (NASDAQ:CONN) has earned a consensus rating of “Buy” from the ten ratings firms that are presently covering the company, Analyst Ratings Network.com reports. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $64.13. On Wednesday, shares of CONN’S, Inc. (NASDAQ:CONN) dropped -0.72% to close the day at $42.99. Company return on investment (ROI) is 9.70% and its monthly performance is recorded as -6.11%. CONN’S, Inc. (NASDAQ:CONN) quarterly revenue growth is -5.47%.

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