Nortel Inversora S.A. (ADR) (NYSE:NTL) holding company of Telecom Argentina S.A., announces that during its meeting held on May 28, 2014, the Board decided to deduct an amount from the “Voluntary Reserve for the Future Distribution of Dividends”, pursuant to the powers granted by the Annual and Extraordinary General Stockholders’ Meetings held on April 27, 2012, April 26, 2013 and April 29, 2014. The Board has resolved to deduct and distribute as cash dividends an amount of AR$ 332 million. Payment of such dividends will begin on June 13, 2014, or any following date pursuant to applicable law at the jurisdictions where Nortel’s shares are listed.Nortel Inversora SA (ADR) (NYSE:NTL) net profit margin is 3.20% and weekly performance is 8.71%. On last trading day company shares ended up $22.21. Analysts mean target price for the company is $16.00. Nortel Inversora SA (ADR) (NYSE:NTL) distance from 50-day simple moving average (SMA50) is 14.82%.
On May 30, Buenos Aires power distributor EDENOR S.A. (ADR) (NYSE:EDN) said it is weighing the economic impact of increasing the wages of its workers as ordered by the labor ministry. EDENOR S.A. (ADR) (NYSE:EDN) shares advanced 5.29% in last trading session and ended the day on $10.35. Gross Margin is 40.40% and its return on assets is 3.60%. EDENOR S.A. (ADR) (NYSE:EDN) quarterly performance is 64.81%.
On May 21, Concord Medical Services Hldg Ltd (ADR) (NYSE:CCM) a leading hospital management company and operator of the largest network of radiotherapy and diagnostic imaging centers in China, announced its unaudited consolidated financial results for the first quarter ended March 31, 2014. Gross profit in the first quarter of 2014 was RMB85.7 million ($13.8 million), a 19.9% increase from RMB71.5 million in the first quarter of 2013. Net income attributable to ordinary shareholders in the first quarter of 2014 was RMB26.7 million ($4.3 million), a 35.4% increase from RMB19.7 million in the first quarter of 2013. Concord Medical Services Hldg Ltd (ADR) (NYSE:CCM) shares moved up 9.92% in last trading session and was closed at $7.98, while trading in range of $7.11 – $7.98. Concord Medical Services Hldg Ltd (ADR) (NYSE:CCM) year to date (YTD) performance is 92.29%.
Amber Road, Inc. (NYSE:AMBR), a leading provider of global trade management (GTM) solutions, announced that CEO Jim Preuninger is a finalist for the EY Entrepreneur Of The Year™ 2014 Award for the New Jersey region. Amber Road Inc (NYSE:AMBR) ended the last trading day at $15.42. Company weekly volatility is calculated as 7.33% and price to cash ratio as 76.22. Amber Road Inc (NYSE:AMBR) showed a positive weekly performance of 23.86%.
Vaporin, Inc. (OTCQB:VAPO), a distributor and marketer of electronic cigarettes, vaporizers, e-liquids and e-hookah products, announced its entry into the medical cannabis industry through an exclusive distribution agreement with Terra Tech Corp. (OTCMKTS:TRTC). Terra Tech Corp (OTCMKTS:TRTC) On last trading day company shares ended up $0.655.
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