Why Making Dramatic Moves : First Niagara Financial Group Inc. (NASDAQ:FNFG), Energy XXI (Bermuda) Limited (NASDAQ:EXXI), Whiting Petroleum Corp. (NYSE:WLL), LOJN, STRP

Technology Stocks News 16

Shares of First Niagara Financial Group Inc. (NASDAQ:FNFG) are lower, on heavy trading volume Monday after the company was downgraded to “sector perform” from “outperform” by analysts at RBC Capital Markets this morning. First Niagara Financial Group Inc. (NASDAQ:FNFG) belongs to Financial sector. Its net profit margin is 21.20% and weekly performance is -10.22%. On last trading day company shares ended up $7.38. First Niagara Financial Group Inc. (NASDAQ:FNFG) distance from 50-day simple moving average (SMA50) is -13.27%.

On Oct. 20, The Board of Directors of Energy XXI (Bermuda) Limited (NASDAQ:EXXI) appointed Mr. Bruce W. Busmire to the position of Chief Financial Officer, replacing West Griffin who is stepping down effective October 20, 2014. Mr. Busmire will lead Energy XXI’s corporate finance, accounting, information technology, investor relations, planning and strategy functions. Energy XXI (Bermuda) Limited (NASDAQ:EXXI) shares decreased -5.68% in last trading session and ended the day at $7.14. EXXI Gross Margin is 67.90% and its return on assets is 1.00%. Energy XXI (Bermuda) Limited (NASDAQ:EXXI) quarterly performance is -65.37%.

On Oct 22, Whiting Petroleum Corp. (NYSE:WLL) announced that, in connection with its previously announced agreement to acquire Kodiak Oil & Gas Corp. (NYSE: KOG) (“Kodiak”), Kodiak has obtained an interim order from the British Columbia Supreme Court authorizing, among other procedural matters, the calling and holding of a special meeting of Kodiak’s securityholders to be held on December 3, 2014 at 8:00 am Mountain Time to vote on matters related to the proposed acquisition. On 27 October, Whiting Petroleum Corp. (NYSE:WLL) shares decreased -7.40% and was closed at $57.10. WLL EPS growth in last 5 year was 0.60%. Whiting Petroleum Corp. (NYSE:WLL) year to date (YTD) performance is -7.71%.

LoJack Corporation (NASDAQ:LOJN) announced a strategic alliance with leading international telematics provider Trackunit A/S. This agreement enables both companies to strengthen their positions as leading providers of commercial equipment telematics solutions. LoJack Corporation (NASDAQ:LOJN) ended the last trading day at $3.46. Company weekly volatility is calculated as 5.48% and price to cash ratio as 2.99. LoJack Corporation (NASDAQ:LOJN) showed a weekly performance of -4.95%.

On Oct 14, Straight Path Communications Inc. (NYSEMKT:STRP), announced operating results for its fourth quarter of fiscal 2014 and fiscal year ended July 31, 2014. Total revenues were $4.8 million, compared to revenues of $1.1 million in fiscal 2013. Straight Path Communications Inc. (NYSEMKT:STRP) shares decreased -2.12% in last trading session and ended the day at $21.22. STRP Gross Margin is 47.90% and its return on assets is 6.90%. Straight Path Communications Inc. (NYSEMKT:STRP) quarterly performance is 117.86%.

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