Morning Buzz : Bank of America (NYSE:BAC), Freeport-McMoRan Inc. (NYSE:FCX), Biocept, Inc. (NASDAQ:BIOC), NGL Energy Partners LP (NYSE:NGL), Westar Energy, Inc. (NYSE:WR),

Technology Stocks News 13

Bank of America Corporation (NYSE:BAC) on Tuesday announced a Catalytic Finance Initiative, designed to stimulate at least $10 billion of new investment into high-impact clean energy projects. Bank of America Corporation (NYSE:BAC) belongs to Financial sector. Its net profit margin is 13.10% and weekly performance is 2.03%. On last trading day company shares ended up $17.05. Bank of America Corporation (NYSE:BAC) distance from 50-day simple moving average (SMA50) is 7.97%.

Freeport-McMoRan (NYSE:FCX) was downgraded by research analysts at Tigress Financial from a “strong-buy” rating to a “neutral” rating in a report released on Tuesday, TheFlyOnTheWall.com reports. Freeport-McMoRan Inc. (NYSE:FCX) shares fell -0.63% in last trading session and ended the day at $32.96. FCX Gross Margin is 29.10% and its return on assets is 4.00%. Freeport-McMoRan Inc. (NYSE:FCX) quarterly performance is -6.81%.

On Sept. 18, 2 Biocept, Inc. (NASDAQ:BIOC) announced that the Company has been granted a patent in China for its microfluidic channel technology used to capture CTCs. The granted patent is the subject of Chinese Patent No. ZL200780032530.2, entitled, “Detection or Isolation of Target Molecules Using a Microchannel Apparatus.” On 23 September, Biocept, Inc. (NASDAQ:BIOC) shares remains unchanged and was closed at $3.33. Biocept, Inc. (NASDAQ:BIOC) year to date (YTD) performance is -64.57%.

NGL Energy Partners (NYSE:NGL) Insider Vincent J. Osterman sold 5,000 shares of NGL Energy Partners stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $42.40, for a total value of $212,000.00. Following the sale, the insider now directly owns 31,458 shares of the company’s stock, valued at approximately $1,333,819. NGL Energy Partners LP (NYSE:NGL) ended the last trading day at $41.75. Company weekly volatility is calculated as 1.84% and price to cash ratio as 94.10. NGL Energy Partners LP (NYSE:NGL) showed a weekly performance of 0.60%.

Westar Energy (NYSE:WR) CFO Anthony D. Somma unloaded 2,000 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $36.73, for a total value of $73,460.00. Following the completion of the sale, the chief financial officer now directly owns 35,678 shares in the company, valued at approximately $1,310,453. Westar Energy, Inc. (NYSE:WR) shares fell -1.09% in last trading session and ended the day at $34.43. WR Gross Margin is 64.00% and its return on assets is 3.10%. Westar Energy, Inc. (NYSE:WR) quarterly performance is -6.97%.

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