Traders Are Watching: Lennar Corp. (NYSE:LEN), SunEdison (NYSE:SUNE), Cosi Inc. (NASDAQ:COSI), Powell Industries (NASDAQ:POWL), Sirona Dental Systems Inc. (NASDAQ:SIRO)

Technology Stocks News 17

City staffers are reviewing preliminary plans to demolish the 83-year-old, 8,000 square-foot residence at 22 Star Island that was once home to the island’s yacht club built by legendary Miami Beach developer Carl Fisher. The homeowner — Stuart Miller, CEO of Miami-based homebuilding giant Lennar Corporation (NYSE:LEN) wants to erect a 22,000-square-foot mansion in its place. Lennar Corp. (NYSE:LEN) belongs to Industrial Goods sector. Its net profit margin is 7.40% and weekly performance is 6.16%. On last trading day company shares ended up $38.80. Lennar Corp. (NYSE:LEN) distance from 50-day simple moving average (SMA50) is -1.61%.

SunEdison, Inc. (NYSE:SUNE) on Aug. 7 announced financial results for the 2014 second quarter. Operating cash used in the 2014 second quarter was $78.6 million and was primarily the result of changes in working capital and continued investment to grow the business. Free cash flow was ($80.2) million and was largely influenced by solar energy project financing and solar project construction activities, acquisitions, and capital expenditures. Second quarter 2014 GAAP earnings per share was ($0.16) and non-GAAP earnings per share was $0.12. SunEdison, Inc. (NYSE:SUNE) shares moved down -0.09% in last trading session and ended the day at $21.95. SUNE Gross Margin is 6.80% and its return on assets is -18.60%. SunEdison, Inc. (NYSE:SUNE) quarterly performance is 24.93%.

Così, Inc. (NASDAQ:COSI), the fast casual restaurant company, today reported a net loss for the second quarter ended June 30, 2014 of $(4,814,000), or $(0.27) per basic and diluted common share, compared with the net loss of $(2,135,000), or $(0.12) per basic and diluted common share, reported for the 2013 second quarter.  Excluding the impact of one-time costs of $2,103,000 incurred during the 2014 second quarter, the net loss was $(2,711,000) or $(0.15) per basic and diluted common share. Company’s total revenues for the 2014 second quarter decreased by $2,738,000 to $20,670,000 from $23,408,000 in the 2013 second quarter.  Company-owned net restaurant sales decreased by $2,649,000 to $20,007,000 from $22,656,000 for the 2013 second quarter. Franchise fees and royalty revenues for the quarter contributed $663,000 compared to $752,000 in the 2013 second quarter. On 19 August, Cosi Inc. (NASDAQ:COSI) shares increased 1.41% and was closed at $1.44. COSI EPS growth in last 5 year was 16.60%. Cosi Inc. (NASDAQ:COSI) year to date (YTD) performance is -14.29%.

Powell Industries (NASDAQ:POWL) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.24 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.88 by $0.64. The company had revenue of $150.80 million for the quarter, compared to the consensus estimate of $191.16 million. During the same quarter last year, the company posted $0.89 earnings per share. Powell Industries’s revenue was down 12.2% compared to the same quarter last year. On average, analysts predict that Powell Industries will post $2.17 earnings per share for the current fiscal year. Powell Industries, Inc. (NASDAQ:POWL) ended the last trading day at $53.10. Company weekly volatility is calculated as 2.27%and price to cash ratio as 7.26. Powell Industries, Inc. (NASDAQ:POWL) showed a weekly performance of 2.31%.

Sirona Dental Systems, Inc. (NASDAQ:SIRO) issued an update on its FY14 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $3.60-3.70 for the period, compared to the Thomson Reuters consensus estimate of $3.66. Sirona Dental Systems Inc. (NASDAQ:SIRO) shares increased 0.67% in last trading session and ended the day on $80.56. SIRO Gross Margin is 53.90% and its return on assets is 9.70%. Sirona Dental Systems Inc. (NASDAQ:SIRO) quarterly performance is 7.67%.

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