Author: Carmen Gutierrez

  • Swing Stocks: Alliance Healthcare Services, Inc., Verizon Communications (NYSE:VZ), AT&T (NYSE:T), Sprint Corporation (NYSE:S), Endocyte (NASDAQ:ECYT)

    Alliance Healthcare Services, Inc. (NASDAQ:AIQ) ended the last trading day at $8.80. Company weekly volatility is calculated as 8.45% and price to cash ratio as 2.11. Alliance Healthcare Services, Inc. (NASDAQ:AIQ) showed a weekly performance of -3.51%.

    Alliance Healthcare Services, Inc. (NASDAQ:AIQ) announced that Fujian Thai Hot Investment Co. Ltd. (“Fujian Thai Hot”), Oaktree Capital Management, LLC (“Oaktree”), and other related stockholders have entered into an amendment to the Stock Purchase Agreement among such parties (the “Stock Purchase Agreement”). The Stock Purchase Agreement originally provided that either Fujian Thai Hot or the selling stockholders may terminate the Stock Purchase Agreement if the transaction was not consummated on or prior to January 14, 2016 (the “Termination Date”). On January 5, 2016, the parties to the Stock Purchase Agreement entered into an amendment to revise the Termination Date to February 29, 2016.

    On 06 January, Verizon Communications Inc. (NYSE:VZ) shares moved down -2.11% and was closed at $45.52. VZ EPS growth in last 5 year was 7.10%. Verizon Communications Inc. (NYSE:VZ) year to date (YTD) performance is -1.51%.

    On 1 January, Verizon Communications Inc. (NYSE:VZ) has taken another step in its copper retirement program, announcing in an FCC filing that it is replacing copper facilities with FTTH in its Washington Street central office (CO) in Providence, R.I.

    AT&T, Inc. (NYSE:T) shares moved down -1.53% in last trading session and ended the day at $34.06. T Gross Margin is 52.60% and its has a return on assets of 2.60%. AT&T, Inc. (NYSE:T) quarterly performance is 3.71%.

    On 31 December, AT&T, Inc. (NYSE:T) has announced that it will stop offering new contracts to consumers next week. It had been the final holdout among the four national wireless carriers. Verizon (VZ, Tech30) and Sprint (S) did away with contracts a few months ago, and T-Mobile (TMUS) killed off contracts in 2013.

    Sprint Corporation (NYSE:S) caters to the Technology space. It has a net profit margin of -9.60% and weekly performance is -6.75%. On the last day of trading company shares ended up at $3.59. Sprint Corporation (NYSE:S) distance from 50-day simple moving average (SMA50) is -10.24%.

    Sprint Corporation (NYSE:S) Chief Financial Officer Tarek Robbiati will speak at the Citi 2016 Internet, Media & Telecommunications Conference in Las Vegas on Thursday, Jan. 7 at 5:00 p.m. ET.

    Endocyte, Inc. (NASDAQ:ECYT) caters to the Healthcare space. Its weekly performance is -4.60%. On the last day of trading company shares ended up at $3.73. Endocyte, Inc. (NASDAQ:ECYT) distance from 50-day simple moving average (SMA50) is 5.12%.

    Endocyte, Inc. (NASDAQ:ECYT) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday, Market Beat.com reports.