Trader’s Watch List: Morgan Stanley (NYSE:MS), Gerdau (NYSE:GGB), Camden National (NASDAQ:CAC), Mechel OAO (NYSE:MTL), American International Group, Inc. (NYSE:AIG)

Technology Stocks News 16

On 20 AUG Morgan Stanley (NYSE:MS) said that it believes the readers of its report should short 10-year U.S. Treasuries and long the S&P 500. The bank uses a proprietary Real-Time Tracker to predict what Existing Home Sales will be. The RTT estimate is for +2.6 percent or 5.17 million versus consensus expectations of -0.4 percent or 5.02 million. Morgan Stanley (NYSE:MS) belongs to Financial sector. Its net profit margin is 11.20% and weekly performance is 4.88%. On last trading day company shares ended up $34.20. Morgan Stanley (NYSE:MS) distance from 50-day simple moving average (SMA50) is 6.09%.

On 30 JULY Gerdau S.A. (NYSE:GGB) last issued its quarterly earnings data on Wednesday. The company reported $0.09 earnings per share for the quarter. Analysts expect that Gerdau will post $0.94 EPS for the current fiscal year. Gerdau S.A. (NYSE:GGB) shares advanced 1.41% in last trading session and ended the day at $5.75. GGB Gross Margin is 13.40% and its return on assets is 3.20%. Gerdau S.A. (NYSE:GGB) quarterly performance is -6.66%.

On 29 JULY Camden National Corp. (NASDAQ:CAC) reported net income for the second quarter of 2014 of $6.3 million and diluted earnings per share (“EPS”) of $0.85, representing a 10% increase in earnings and a $0.10 increase in EPS compared to the first quarter of 2014.  Camden National’s return on equity and return on assets for the second quarter of 2014 was 10.92% and 0.95%, respectively, compared to 9.97% and 0.89% last quarter. On 25 August, Camden National Corp. (NASDAQ:CAC) shares moved down -0.11% and was closed at $36.35. CAC EPS growth in last 5 year was 8.20%. Camden National Corp. (NASDAQ:CAC) year to date (YTD) performance is -11.30%.

On 18 AUG Mechel OAO (NYSE:MTL) said Monday that it has appointed Alexey Ivanushkin as First Deputy Chief Executive Officer. Mechel OAO (NYSE:MTL) ended the last trading day at $1.79. Company weekly volatility is calculated as 3.28%and price to cash ratio as 1.75. Mechel OAO (NYSE:MTL) showed a weekly performance of 0.00%.

American International Group, Inc. (NYSE:AIG) said that in its quarterly filing with the Securities Exchange Commission, disclosed its settlement for a class action lawsuit filed by shareholders for $960 million. The lawsuit was filed in the US District Court, Southern District of New York in 2008, by AIG’s shareholders. The suit demanded over $100 billion in compensation from the company for the huge losses shareholders incurred during the 2008 financial crisis. American International Group, Inc. (NYSE:AIG) shares advanced 1.01% in last trading session and ended the day on $55.89. AIG return on assets is 1.60%. American International Group, Inc. (NYSE:AIG) quarterly performance is 4.21%.

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