Market Alert: Precision Castparts Corp. (NYSE:PCP), Denbury Resources Inc. (NYSE:DNR), Northrop Grumman Corporation (NYSE:NOC), The Sherwin-Williams Company (NYSE:SHW), Calamos Asset Management (NASDAQ:CLMS)

On Jan. 15, Precision Castparts Corp. (NYSE:PCP) announced that lower demand in oil & gas end markets, further aerospace engine destocking at a single customer, year-end customer inventory management actions, and an extended equipment upgrade negatively impacted the company’s third quarter fiscal year 2015 sales and earnings. The combination of these factors leads the company to expect that third quarter sales will be in the range of $2.42 billion to $2.47 billion and earnings per share (EPS) from continuing operations (attributable to PCC) in the range of $3.05 to $3.10 (diluted). Precision Castparts Corp. (NYSE:PCP) belongs to Industrial Goods sector. Its net profit margin is 18.80% and weekly performance is -13.03%. On last trading day company shares ended up $199.63. Precision Castparts Corp. (NYSE:PCP) distance from 50-day simple moving average (SMA50) is -14.43%.

Barclays lowered Denbury Resources (NYSE:DNR) price target on the stock from $8.00 to $5.00, American Banking reports. Barclays currently has an equal weight rating on the stock. Denbury Resources traded as low as $6.32 and last traded at $6.45, with a volume of 7,197,610 shares. Denbury Resources Inc. (NYSE:DNR) shares moved up 4.90% in last trading session and ended the day at $6.85. DNR Gross Margin is 98.90% and its return on assets is 3.00%. Denbury Resources Inc. (NYSE:DNR) quarterly performance is -46.15%.

Northrop Grumman Corporation (NYSE:NOC announced that the Ministry of Defense for Japan has selected Northrop Grumman systems which the government believes will enhance its intelligence, surveillance and reconnaissance capabilities. On 16 January, Northrop Grumman Corporation (NYSE:NOC) shares moved up 0.67% and was closed at $153.33. NOC EPS growth in last 5 year was 22.90%. Northrop Grumman Corporation (NYSE:NOC) year to date (YTD) performance is 4.03%.

On Jan 14, Wayfair Inc. announced a partnership with The Sherwin-Williams Company (NYSE:SHW), to integrate color matching and inspiration throughout the shopping experience. Shoppers will be able to browse paint colors alongside more than two million products in furniture, d├ęcor and bedding. The Sherwin-Williams Company (NYSE:SHW) ended the last trading day at $273.82. Company weekly volatility is calculated as 1.84% and price to cash ratio as 100.60. The Sherwin-Williams Company (NYSE:SHW) showed a weekly performance of -0.22%.

Calamos Asset Management (NASDAQ:CLMS) CEO John P. Sr Calamos, Sr. acquired 23,336 shares of the stock on the open market in a transaction dated Friday, January 9th. The stock was purchased at an average cost of $12.48 per share, with a total value of $291,233.28. Calamos Asset Management Inc. (NASDAQ:CLMS) shares moved up 3.44% in last trading session and ended the day at $12.92. CLMS return on assets is 3.20%. Calamos Asset Management Inc. (NASDAQ:CLMS) quarterly performance is 10.05%.

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