Market Movers: American Axle & Manufacturing (NYSE:AXL), DryShips (NASDAQ:DRYS), Meredith (NYSE:MDP), Intercontinental Hotels Group plc (NYSE:IHG), United Security Bancshares (NASDAQ:USBI)

Technology Stocks News 15

American Axle & Manufacturing Holdings Inc. (NYSE:AXL) shares are down -7.5% to $17.01 after reporting second quarter earnings of 67 cents per share, 4 cents worse than consensus estimates of 71 cents. American Axle & Manufacturing Holdings Inc. (NYSE:AXL) belongs to Consumer Goods sector. Its net profit margin is 3.60% and weekly performance is -8.56%. On last trading day company shares ended up $17.52. American Axle & Manufacturing Holdings Inc. (NYSE:AXL) distance from 50-day simple moving average (SMA50) is -8.06%.

DryShips, Inc. (NASDAQ:DRYS) owns 42 drybulk carriers and tankers and ships worldwide. It also owns and operates 11 ultra-Deepwater drilling units. Drybulk shipping was hot prior to the recession but the industry overbuilt and that pushed rates down. It is one of the few industries that have yet to recover. DryShips, Inc. (NASDAQ:DRYS) shares decreased -4.20% in last trading session and ended the day at $2.74. DRYS Gross Margin is 53.90% and its return on assets is -1.40%. DryShips, Inc. (NASDAQ:DRYS) quarterly performance is -4.53%.

Meredith Corporation (NYSE:MDP) reported adjusted earnings of 88 cents per share for the fourth quarter of fiscal 2014, which was way ahead of the Zacks Consensus Estimate of 84 cents and grew 17.3% on a year-over-year basis. Including one-time items, earnings came in at 89 cents, up 19% year over year. On 01 August, Meredith Corporation (NYSE:MDP) shares increased 0.20% and was closed at $46.01. MDP EPS growth in last 5 year was -0.40%. Meredith Corporation (NYSE:MDP) year to date (YTD) performance is -9.46%.

InterContinental® Hotels & Resorts, the luxury brand of Intercontinental Hotels Group plc (NYSE:IHG) is encouraging guests to make the most of the summer months with three special offers at participating hotels within its European portfolio. The new ‘Summer Offer’ provides guests with a choice of three unique ways to save; encouraging travelers to find their sweet summer escape.  For stays booked between July 4th through September 4, 2014, guests can select their preferred offer at participating IHG® hotels across Europe. Intercontinental Hotels Group plc (NYSE:IHG) ended the last trading day at $39.66. Company weekly volatility is calculated as 1.11%and price to cash ratio as 64.85. Intercontinental Hotels Group plc (NYSE:IHG) showed a weekly performance of -4.36%.

On July 29, 2014, United Security Bancshares Inc. (NASDAQ:USBI) issued a press release announcing financial results for the second quarter ended June 30, 2014. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission. United Security Bancshares Inc. (NASDAQ:USBI) shares decreased -0.58% in last trading session and ended the day on $8.10. USBI return on assets is 0.70%. United Security Bancshares Inc. (NASDAQ:USBI) quarterly performance is 5.92%.

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