Author: Fran Carter

  • Making Moves: Magellan Health (NASDAQ:MGLN), American Homes 4 Rent (NYSE:AMH), Weingarten Realty Investors (NYSE:WRI), Code Rebel Corp (NASDAQ:CDRB), Ignyta (NASDAQ:RXDX)

    Magellan Health, Inc. (NASDAQ:MGLN) shares decreased -0.20% in last trading session and ended the day at $66.12. MGLN Gross Margin is 3.90% and its has a return on assets of 1.50%. Magellan Health, Inc. (NASDAQ:MGLN) quarterly performance is 23.75%.

    On 7 March, Magellan Health, Inc. (NASDAQ:MGLN) announced that software from its industry-leading Computerized Cognitive Behavioral Therapy (CCBT) suite has received the highest rating from the Substance Abuse and Mental Health Administration’s (SAMHSA) National Registry of Evidence-based Programs and Practices (NREPP). In its review, SAMHSA stated that the program “is effective… (and) yielded strong evidence of a favorable effect.”1 The review and analysis was of software from Magellan’s proprietary suite of CCBT programs, a toolset that includes digital behavioral health ‘smart screening’ and CCBT programs.

    American Homes 4 Rent (NYSE:AMH) ended the last trading day at $15.79. Company weekly volatility is calculated as 2.48% and price to cash ratio as 56.52. American Homes 4 Rent (NYSE:AMH) showed a weekly performance of 2.54%.

    American Homes 4 Rent (NYSE:AMH) announced that David P. Singelyn, Chief Executive Officer, will present at the Citi 2016 Global Property CEO Conference at the Diplomat Resort & Spa in Hollywood, Florida. The presentation will begin at 7:30 a.m. Eastern Time on Wednesday, March 16, 2016.

    On 14 March, Weingarten Realty Investors (NYSE:WRI) shares decreased -0.30% and was closed at $36.93. WRI EPS growth in last 5 year was 60.30%. Weingarten Realty Investors (NYSE:WRI) year to date (YTD) performance is 7.87%.

    Weingarten Realty Investors (NYSE:WRI) announced that its first quarter 2016 earnings will be released after the market closes on Thursday, April 21, 2016. Senior Management will host our quarterly earnings conference call on Friday, April 22, 2016 at 10:00 a.m. Central Time.

    Code Rebel Corp (NASDAQ:CDRB) shares decreased -1.60% in last trading session and ended the day at $2.46. CDRB has a return on assets of -28.40%. Code Rebel Corp (NASDAQ:CDRB) quarterly performance is -14.58%.

    Code Rebel Corp. (NASDAQ:CDRB), announced it entered into a definitive Merger Agreement on March 11, 2016 with Aegis Identity Software, Inc, a Delaware corporation (“Aegis Identity”). Code Rebel and Aegis Identity have also entered into a Joint Operating Agreement to better realize the potential of both businesses for the benefit of each company and the post-closing combined entity in advance of the proposed merger closing.

    Ignyta, Inc. (NASDAQ:RXDX) caters to the Healthcare space. Its weekly performance is -0.66%. On the last day of trading company shares ended up at $7.52.

    Ignyta, Inc. (NASDAQ:RXDX) reported net loss was $92.5 million, or $3.44 per share, compared with $40.0 million, or $2.18 per share, for the 2014 fiscal year. Ignyta had no material revenues during 2015 or 2014. Research and development expenses for 2015 were $73.5 million, compared with $30.5 million for 2014. The majority of the increase was due to non-cash costs incurred in connection with the acquisition of rights to development programs from Teva and Lilly during 2015.