Sony Corporation has announced that Nicole Seligman has been named to a new position — president of Sony Entertainment, the parent company of subsidiaries Sony Pictures Entertainment, Sony Music Entertainment and joint venture Sony/ATV Music Publishing. Sony Corp (ADR) (NYSE:SNE) net profit margin is -1.60%. On last trading day company shares ended up $16.18. Analysts mean target price for the company is $21.51. Sony Corp (ADR) (NYSE:SNE) distance from 50-day simple moving average (SMA50) is -9.08%.
Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) on May 16 priced its fifth Multifamily DUS REMIC in 2014 totaling $1.24 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on May 9, 2014. Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) shares fell -0.23% in last trading session and ended the day on $4.43.
MJ Holdings, Inc. (OTCQB: MJNE), a publicly traded company that provides real estate financing and related solutions to licensed marijuana operators, announced that is has entered into an agreement with Medbox, Inc. (OTCQB: MDBX), the pioneer in marijuana dispensing technologies and a leader in licensed marijuana consulting, whereby Medbox will market MJ Holdings’ real estate financial products and offerings to its roster of consulting clients and will direct all incoming real estate related opportunities to MJ Holdings. Medbox Inc (OTCMKTS:MDBX) shares moved down -7.81% in last trading session and was closed at $18.53, while trading in range of $18.50 – $19.47.
Actuant Corporation (NYSE:ATU) reported EPS in 0.569. For the Current Fiscal year, the company is expected to report EPS of 1.99. For the Next Quarter and Next Year, the company is expected to report EPS of 0.61 and 2.30 respectively. At Current Market Price, ATU is in distance of -0.45% from its 50-day Moving Average price of $34.2529 and -3.89% from its 200-day Moving Average price of $35.4815. Actuant Corporation designs, manufactures and distributes a range of industrial products and systems to various end markets. Actuant Corporation (NYSE:ATU) ended the last trading day at $35.53. Company weekly volatility is calculated as 1.44% and price to cash ratio as 16.28. Actuant Corporation (NYSE:ATU) showed a positive weekly performance of 3.53%.
The government ordered Ally Financial Inc. and Ally Bank to pay $80 million to harmed minority borrowers and $18 million in penalties. Bank of America agreed to pay $335 million to settle allegations that its Countrywide Financial unit discriminated against black and Hispanic borrowers during the 2006-09 housing crash. Ally Financial Inc (NYSE:ALLY) net profit margin is -8.50% and weekly performance is -1.87%. On last trading day company shares ended up $23.56. Analysts mean target price for the company is $27.85. Ally Financial Inc (NYSE:ALLY) distance from 50-day simple moving average (SMA50) is -2.90%.
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