NYSE Bullish stocks: Noranda Aluminum Holding (NYSE:NOR), Centrais Eletricas Brasileiras (NYSE:EBR.B), Platform Specialty Products (NYSE:PAH), Doral Financial (NYSE:DRL), Dillard’s (NYSE:DDS)

Technology Stocks News 13

In the annual meeting of stockholders of Noranda Aluminum Holding Corporation (NYSE:NOR), on May 9, 2014 the Company’s stockholders approved the Noranda Aluminum Holding Corporation 2014 Long-Term Incentive Plan (the “2014 LTI Plan”). A summary of the 2014 LTI Plan is included on pages 32 – 36 of the Company’s proxy statement for the Annual Meeting and is incorporated herein by reference. Such summary is qualified in its entirety by reference to the full text of the 2014 LTI Plan, which is incorporated into this Current Report on Form 8-K by reference and filed as Exhibit 99.1 hereto. As a result of stockholder approval of the 2014 LTI Plan, no further grants will be made under the Third Amended and Restated Noranda Aluminum Holding Corporation 2007 Long-Term Incentive Plan and the Noranda Aluminum Holding Corporation 2010 Incentive Award Plan. Noranda Aluminum Holding Corporation (NYSE:NOR) stock performance was 5.39% in last session and finished the day at $3.13. Traded volume was 629,680 shares in the last session and the average volume of the stock remained 856.65K shares. The beta of the stock remained 2.35. Noranda Aluminum Holding Corporation (NYSE:NOR)insider ownership is 1.40%.

The Ibovespa (IBOV) extended its third straight weekly advance as Centrais Eletricas Brasileiras SA (ADR) led a rally among electric utilities after swinging to a profit.Water utility Cia. de Saneamento Basico do Estado de Sao Paulo rallied after earnings beat the average forecast of analysts by 30 percent. Cia. Energetica de Minas Gerais, the power utility known as Cemig, advanced after quarterly revenue exceeded estimates. Vale SA followed iron-ore prices lower. Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B) rose 2.38% to $4.73 yesterday on volume of 760,029 shares. The intra-day range of the stock was $4.65 – 4.75. Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B) has a market capitalization of $1.23 billion.

Platform Specialty Products Corp (NYSE:PAH) announced on May 14, 2014 that it entered into subscription agreements with certain eligible purchasers for the purchase of a total of 15.8 million shares of its common stock for an aggregate purchase price of $300.2 million, or $19.00 per share. Such shares will be issued through a private placement, which is expected to close on or about May 20, 2014, subject to customary closing conditions. Platform Specialty Products Corp (NYSE:PAH)’s stock on May 16, 2014 reported a increase 6.38% to the closing price of $22.35. Its fifty two weeks range is $11.75 – 22.60. The total market capitalization recorded $2.55 billion. The overall volume in the last trading session was 779,313 shares. In its share capital, Platform Specialty Products Corp (NYSE:PAH) has 120.24 million outstanding shares.

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 14, 2014 to file lead plaintiff applications in two securities class action lawsuits that have been against Doral Financial Corp. (NYSE:DRL), if they purchased the Company’s securities during the period between April 2, 2012 and May 1, 2014, inclusive (the “Class Period”). This action is pending in the United States District Court for the District ofPuerto Rico. On Friday, shares of Doral Financial Corp. (NYSE:DRL) advanced 8.15% to close the day at $2.92. Company return on investment (ROI) is 9.00% and its monthly performance is recorded as -71.09%. Doral Financial Corp. (NYSE:DRL) quarterly revenue growth is -73.67%.

Dillard’s, Inc. (NYSE:DDS), last released its earnings data on Thursday, May 15th. The company reported $2.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.41 by $0.15. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.68 billion. Analysts expect that Dillard’s will post $7.77 EPS for the current fiscal year. On Friday, shares of Dillard’s, Inc. (NYSE:DDS) advanced 14.91% to close the day at $111.00. Company return on investment (ROI) is 13.30% and its monthly performance is recorded as 20.60%. Dillard’s, Inc. (NYSE:DDS) quarterly revenue growth is 23.83%.

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