Market Alert: The Coca-Cola Company (NYSE:KO), Staples, Inc. (NASDAQ:SPLS), OCI Resources LP (NYSE:OCIR), Fulton Financial Corporation (NASDAQ:FULT), Lentuo International Inc. (NYSE:LAS)

Technology Stocks News 19

The Coca-Cola Company (NYSE:KO) announced the 2014 winners of its “Shaping a Better Future Grant Challenge” – a competition exclusively for members of the World Economic Forum’s Global Shapers Community. Global Shapers from Chandigarh, India received the $50,000 Grand Prize for their project, “Kalpa Vrishka,” or “The Tree of Wishes.” This innovative technology-driven project developed a network of mobile apps to match organizations and charities in most need with willing donors and philanthropists. The Coca-Cola Company (NYSE:KO) belongs to Consumer Goods sector. Its net profit margin is 17.40% and weekly performance is 1.71%. On last trading day company shares ended up $43.36. The Coca-Cola Company (NYSE:KO) distance from 50-day simple moving average (SMA50) is 1.40%.

Starboard Value, the activist investor with stakes in both Staples, Inc. (NASDAQ:SPLS) and Office Depot Inc. (ODP), is ratcheting up pressure on the office-supply rivals to merge. The investment firm sent a letter to Staples Chief Executive Officer Ronald Sargent Tuesday demanding that his company engage advisers to begin work on a deal. The move represents Starboard’s most public push for such a transaction following behind-the-scenes prodding. Staples, Inc. (NASDAQ:SPLS) shares advanced 0.61% in last trading session and ended the day at $16.49. SPLS Gross Margin is 25.60% and its return on assets is 5.40%. Staples, Inc. (NASDAQ:SPLS) quarterly performance is 34.94%.

On 16 January, OCI Resources LP (NYSE:OCIR) announced the approval, on January 15, 2015, of an increase to its quarterly distribution by the board of directors of its general partner. The minimum quarterly distribution of $0.5315 for the fourth quarter of 2014 is payable on February 13, 2015, to unitholders of record on January 30, 2015. On 21 January, OCI Resources LP (NYSE:OCIR) shares decreased -0.94% and was closed at $26.45. OCI Resources LP (NYSE:OCIR) year to date (YTD) performance is 2.92%.

Fulton Financial Corp (NASDAQ:FULT) has received a “BBB+” credit rating from analysts at Morningstar. The research firm’s “BBB+” rating suggests that the company is a moderate default risk. They also gave their stock a three star rating. Fulton Financial Corporation (NASDAQ:FULT) ended the last trading day at $11.23. Company weekly volatility is calculated as 2.74% and price to cash ratio as 3.48. Fulton Financial Corporation (NASDAQ:FULT) showed a weekly performance of -4.83%.

Lentuo International Inc. (NYSE:LAS), announced that on January 16, 2015, it received notice from the New York Stock Exchange, Inc. (“NYSE”) that the Company is no longer in compliance with the NYSE’s continued listing standards because the average per share closing price of the Company’s American depositary shares (“ADS”) for the consecutive 30 trading-day period ended on January 9, 2015 has fallen below the NYSE’s share price requirements. Lentuo International Inc. (NYSE:LAS) shares decreased -3.92% in last trading session and ended the day at $0.63. LAS Gross Margin is 9.90% and its return on assets is 1.10%. Lentuo International Inc. (NYSE:LAS) quarterly performance is -58.82%.

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