Daily Hot List: Sparton Corp. (NYSE:SPA), Treehouse Foods (NYSE:THS), Active Power (NASDAQ:ACPW), Energy Transfer Equity, L.P. (NYSE:ETE), ArcelorMittal SA (NYSE:MT)

Posted by on Apr 14, 2016

Sparton Corp. (NYSE:SPA) shares increased 5.55% in last trading session and ended the day at $19.97. SPA Gross Margin is 20.10% and its has a return on assets of 3.90%. Sparton Corp. (NYSE:SPA) quarterly performance is 7.77%.

Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE) and Sparton Corporation (NYSE:SPA) announce the award of subcontracts valued at $17.5 million from their ERAPSCO/SonobuoyTech Systems joint venture. Multiple foreign contracts represent the manufacture of Passive and Active Sonobuoys in support of multiple underwater missions. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $11.5 million to Ultra Electronics USSI and $6.0 million to Sparton De Leon Springs LLC.

Treehouse Foods, Inc. (NYSE:THS) ended the last trading day at $88.35. Company weekly volatility is calculated as 2.00% and price to cash ratio as 112.26. Treehouse Foods, Inc. (NYSE:THS) showed a weekly performance of 0.66%.

TreeHouse Foods, Inc. (NYSE:THS) will host a live audio Webcast of its first quarter earnings results conference call on Thursday, May 5, 2016 at 9:00 a.m. EDT. Management will discuss the results for the first quarter and its outlook for the balance of 2016. An earnings release will be issued before the market opens on the same date.

On 13 April, Active Power Inc. (NASDAQ:ACPW) shares moved down -1.90% and was closed at $1.03. ACPW EPS growth in last 5 year was -2.00%. Active Power Inc. (NASDAQ:ACPW) year to date (YTD) performance is -20.77%.

Active Power (NASDAQ: ACPW), will hold a conference call on Tuesday, April 26, 2016, at 8:30 a.m. ET to discuss results for the first quarter ended March 31, 2016. Financial results will be issued in a news release prior to the call.

Energy Transfer Equity, L.P. (NYSE:ETE) shares increased 8.84% in last trading session and ended the day at $9.36. ETE Gross Margin is 19.30% and its has a return on assets of 2.10%. Energy Transfer Equity, L.P. (NYSE:ETE) quarterly performance is 8.15%.

On March 31, 2016, Energy Transfer Equity, L.P. (NYSE:ETE) and Sunoco LP (“SUN”) closed the previously announced sale by SUN to ETE of 2,236,158 common units representing limited partner interests in SUN (the “SUN Common Units”) in a private transaction exempt from registration under Section 4(a)(2) of the Securities Act of 1933 (the “PIPE Transaction”). In connection with the PIPE Transaction, ETE entered into a registration rights agreement with SUN (the “Registration Rights Agreement”), pursuant to which SUN is required to file a shelf registration statement to register the SUN Common Units upon the request of the holders of a majority of the then-outstanding SUN Common Units.

ArcelorMittal SA (ADR) (NYSE:MT) caters to the Basic Materials space. It has a net profit margin of -13.40% and weekly performance is 19.96%. On the last day of trading company shares ended up at $5.53. ArcelorMittal SA (ADR) (NYSE:MT) distance from 50-day simple moving average (SMA50) is 32.75%.

ArcelorMittal SA (ADR) (NYSE:MT) has published a convening notice for its Annual General Meeting of shareholders, which will be held on 4 May 2016 at 2 p.m. CET at the company`s office, 24-26, Boulevard d`Avranches in Luxembourg. The ArcelorMittal shareholders entitled to vote at the Annual General Meeting will be those who are shareholders on the record date of 20 April 2016 at midnight (24:00 hours) CET.

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