Sizzling Stocks: Kinder Morgan, Inc. (NYSE:KMI), Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), Johnson Controls Inc. (NYSE:JCI), American Express Company (NYSE:AXP), eBay Inc. (NASDAQ:EBAY)

Technology Stocks News 9

Kinder Morgan, Inc. (NYSE:KMI) will spend $3 billion to buy a new oil pipeline and other energy assets in the Bakken Shale from a private partnership controlled by oil billionaire Harold Hamm. Kinder Morgan, Inc. (NYSE:KMI) belongs to Basic Materials sector. Its net profit margin is 7.60% and weekly performance is 2.71%. On last trading day company shares ended up $42.00. Kinder Morgan, Inc. (NYSE:KMI) distance from 50-day simple moving average (SMA50) is 3.14%.

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) announced that it has sold 21,000,000 shares of common stock to Jefferies LLC and Piper Jaffray & Co. as underwriters for its previously announced public offering. The underwriters offered the shares to purchasers in transactions on The NASDAQ Global Select Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) shares moved down -10.96% in last trading session and ended the day at $4.71. ARNA Gross Margin is 80.80% and its return on assets is -15.50%. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) quarterly performance is 12.95%.

Johnson Controls Inc. (NYSE:JCI), Japanese electronics company Hitachi Ltd. and Hitachi Appliances, Inc. reaches a definitive agreement for their global joint venture. The new Johnson Controls-Hitachi joint venture will allow both companies to deliver the most diverse technology portfolio in the heating, ventilation, air conditioning and refrigeration industry. Johnson Controls Inc. (NYSE:JCI) belongs to Consumer Goods sector. Its net profit margin is 2.80% and weekly performance is -0.13%. On last trading day company shares ended up $45.85. Johnson Controls Inc. (NYSE:JCI) distance from 50-day simple moving average (SMA50) is -4.54%.

American Express Company (NYSE:AXP) will cut more than 4,000 jobs this year, an executive said, after the credit card company also reported higher quarterly expenses and provisions for bad loans. American Express Company (NYSE:AXP) shares increased 0.47% in last trading session and ended the day at $87.67. AXP Gross Margin is 73.70% and its return on assets is 3.70%. American Express Company (NYSE:AXP) quarterly performance is 4.67%.

EBay Inc. (NASDAQ:EBAY) is cutting 2,400 positions, buying back shares and entering into a standstill agreement with activist investor Carl Icahn as the company prepares to split its marketplace and payments businesses. On 21 January, eBay Inc. (NASDAQ:EBAY) shares decreased -0.56% and was closed at $53.38. EBAY EPS growth in last 5 year was 9.90%. eBay Inc. (NASDAQ:EBAY) year to date (YTD) performance is -4.88%.

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