Sizzling Stocks: Twenty-First Century Fox, Inc. (NASDAQ:FOXA), American Realty Capital Properties, Inc. (NASDAQ:ARCP), Kindred Healthcare (NYSE:KND), Progressive (NYSE:PGR), Napco Security Technologies (NASDAQ:NSSC)

Technology Stocks News 18

Shares of Twenty-First Century Fox (NASDAQ:FOXA) were the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 57,533,470 shares, an increase of 7.9% from the November 28th total of 53,310,421 shares, American Banking & Market News reports. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) belongs to Services sector. Its net profit margin is 13.10% and weekly performance is 1.30%. On last trading day company shares ended up $39.01. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) distance from 50-day simple moving average (SMA50) is 9.25%.

Activist investor Keith Meister’s hedge fund firm, Corvex Management LP, disclosed in a regulatory filing that it accumulated 64.70 million shares or a 7.1% stake, in American Realty Capital Properties Inc. (NASDAQ:ARCP). American Realty Capital Properties, Inc. (NASDAQ:ARCP) belongs to Financial sector. Its net profit margin is -71.80% and weekly performance is 5.74%. On last trading day company shares ended up $8.48. American Realty Capital Properties, Inc. (NASDAQ:ARCP) distance from 50-day simple moving average (SMA50) is -9.08%.

Kindred Healthcare, Inc. (NYSE:KND) announced the commencement of an exchange offer for all of its outstanding 6.375% Senior Notes due 2022 (the “Initial Notes”), which are not registered under the Securities Act of 1933, as amended (the “Securities Act”), for an equal principal amount of its 6.375% Senior Notes due 2022, which have been registered under the Securities Act (the “New Notes”). Kindred Healthcare Inc. (NYSE:KND) shares decreased -1.51% in last trading session and ended the day at $18.28. KND Gross Margin is 93.60% and its return on assets is -2.30%. Kindred Healthcare Inc. (NYSE:KND) quarterly performance is -6.54%.

On Dec 16, Progressive Corp. (NYSE: PGR) has agreed to acquire a controlling position in ARX Holding Corp., the parent company of American Strategic Insurance (ASI) and its affiliates, for approximately $875 million in cash. The shares will be purchased primarily from non-management shareholders and will bring Progressive’s interest in the company to approximately 67%, up from the 5% interest it’s held since 2012. Progressive Corp. (NYSE:PGR) ended the last trading day at $27.12. Company weekly volatility is calculated as 0.93% and price to cash ratio as 175.95. Progressive Corp. (NYSE:PGR) showed a weekly performance of 2.11%.

Napco Security Technologies (NASDAQ:NSSC) was downgraded by research analysts at TheStreet from a “buy” rating to a “hold” rating in a report released on Friday. Napco Security Technologies, Inc. (NASDAQ:NSSC) shares increased 3.91% in last trading session and ended the day at $4.78. NSSC Gross Margin is 32.10% and its return on assets is 5.80%. Napco Security Technologies, Inc. (NASDAQ:NSSC) quarterly performance is 1.49%.

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