Author: Gary Demarzo

  • In the News Stocks: Verizon Communications Inc., Yahoo! Inc. (NASDAQ:YHOO), ArcelorMittal SA (NYSE:MT), Goldcorp (NYSE:GG), Agenus (NASDAQ:AGEN)

    Verizon Communications Inc. (NYSE:VZ) ended the last trading day at $46.34. Company weekly volatility is calculated as 1.32% and price to cash ratio as 45.10. Verizon Communications Inc. (NYSE:VZ) showed a weekly performance of 1.73%.

    Verizon Communications Inc. (NYSE:VZ) said that, it plans to sell a premium, for-pay version of its Go90 mobile video service in Q1, under which customers will access content without usage being counted toward their monthly data caps, says Barclays in a report.

    On 22 December, Yahoo! Inc. (NASDAQ:YHOO) shares advanced 3.70% and was closed at $34.19. YHOO EPS growth in last 5 year was 77.90%. Yahoo! Inc. (NASDAQ:YHOO) year to date (YTD) performance is -32.31%.

    Yahoo! Inc. (NASDAQ:YHOO) announced that it was abandoning the spinoff of its 15% stake in Chinese ecommerce giant Alibaba on Wednesday, marking a major about-face for the company which had planned to complete the transaction by January.

    ArcelorMittal SA (ADR) (NYSE:MT) shares advanced 7.22% in last trading session and ended the day at $4.16. MT has a return on assets of -2.40%. ArcelorMittal SA (ADR) (NYSE:MT) quarterly performance is -28.77%.

    ArcelorMittal SA (ADR) (NYSE:MT) has said it will simplify its management structure in-line with an on going drive to promote a performance-driven culture. Consequently, the Group Management Board, which was established to ensure a smooth integration following the creation of ArcelorMittal, will be replaced with a more flexible structure.

    Goldcorp Inc. (NYSE:GG) caters to the Basic Materials space. It has a net profit margin of -56.00% and weekly performance is 6.22%. On the last day of trading company shares ended up at $11.78. Goldcorp Inc. (NYSE:GG) distance from 50-day simple moving average (SMA50) is -7.39%.

    Goldcorp Inc. (NYSE:GG) announced a monthly dividend. Stockholders of record on Thursday, December 17th will be given a dividend of 0.02 per share on Tuesday, December 29th. This represents a $0.24 annualized dividend and a dividend yield of 2.00%. The ex-dividend date is Tuesday, December 15th.

    Agenus Inc. (NASDAQ:AGEN) caters to the Healthcare space. Its weekly performance is 13.01%. On the last day of trading company shares ended up at $4.43. Agenus Inc. (NASDAQ:AGEN) distance from 50-day simple moving average (SMA50) is -4.85%.

    Investment analysts at Jefferies Group started coverage on shares of Agenus Inc. (NASDAQ:AGEN) in a research note issued on Wednesday, The Fly reports. The firm set a “buy” rating on the stock.