Top Wall Street Stories: Newmont Mining Corporation (NYSE:NEM), Frontier Communications Corporation (NASDAQ:FTR), Cempra, Inc. (NASDAQ:CEMP), King Digital Entertainment (NYSE:KING), Baytex Energy (NYSE:BTE)

Technology Stocks News 3

Newmont Mining Corporation (NYSE:NEM) has prepaid $100 million toward a 5-year $575 million unsecured amortizing term loan received in Mar 2014. The term loan was utilized to repay $575 million of convertible debt which matured in Jul 2014. Newmont Mining Corporation (NYSE:NEM) belongs to Basic Materials sector. Its net profit margin is -7.70% and weekly performance is 2.20%. On last trading day company shares ended up $19.53. Newmont Mining Corporation (NYSE:NEM) distance from 50-day simple moving average (SMA50) is -8.99%.

An issue of Frontier Communications Corp (NYSE:FTR) debt fell 1.8% as a percentage of its face value during trading on Tuesday, Analyst RN reports. The high-yield issue of debt has a 7.125% coupon and will mature on January 15, 2023. The bonds in the issue are now trading at $105.00 and were trading at $104.82 last week. Price moves in a company’s debt in credit markets often anticipate parallel moves in its share price. Frontier Communications Corporation (NASDAQ:FTR) shares advanced 0.57% in last trading session and ended the day at $7.06. FTR Gross Margin is 90.70% and its return on assets is 1.10%. Frontier Communications Corporation (NASDAQ:FTR) quarterly performance is 6.17%.

Zacks lowered shares of Cempra (NASDAQ:CEMP) from an outperform rating to a neutral rating in a report released on Thursday. Zacks currently has $13.70 price objective on the stock. On 26 November, Cempra, Inc. (NASDAQ:CEMP) shares advanced 4.60% and was closed at $14.54. CEMP EPS growth in last 5 year was -11.70%. Cempra, Inc. (NASDAQ:CEMP) year to date (YTD) performance is 17.35%.

King Digital Entertainment plc (NYSE:KING) said Wednesday that Melvyn Morris has stepped down from the role of Chairman of the company’s Board and will take a leave of absence from the Board for personal reasons with immediate effect. King Digital Entertainment plc (NYSE:KING) belongs to Services sector. Its net profit margin is 27.90% and weekly performance is -0.75%. On last trading day company shares ended up $15.82. King Digital Entertainment plc (NYSE:KING) distance from 50-day simple moving average (SMA50) is 21.32%.

On Nov. 17, Baytex Energy Corp. (NYSE:BTE) reports that a cash dividend of $0.24 per common share in respect of November operations will be paid on December 15, 2014 to shareholders of record on November 28, 2014. The ex-dividend date is November 26, 2014 for Canadian shareholders and November 25, 2014 for United States shareholders. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Baytex Energy Corp. (NYSE:BTE) shares moved down -1.60% in last trading session and ended the day at $26.47. BTE Gross Margin is 78.50% and its return on assets is 5.60%. Baytex Energy Corp. (NYSE:BTE) quarterly performance is -39.07%.

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