Author: Kate Vinson

  • Top Investments: FreightCar America Inc., Platform Specialty Products Corporation (NYSE:PAH), Enduro Royalty Trust (NYSE:NDRO), Oracle Corporation (NYSE:ORCL)

    United Security Bancshares Inc. (NASDAQ:USBI) shares increased 3.61% in last trading session and ended the day at $8.90. USBI has a return on assets of 0.50%. United Security Bancshares Inc. (NASDAQ:USBI) quarterly performance is 8.00%.

    United Security Bancshares, Inc. (NASDAQ: USBI) announced that its Board of Directors has extended USBI’s existing share repurchase program pursuant to which USBI may repurchase up to 642,785 shares of its common stock. The repurchase program originally approved by the USBI Board of Directors on January 19, 2006 has been extended to expire on December 31, 2016. To date, USBI has repurchased approximately 400,482 shares of common stock under the share repurchase program. Share repurchases under the repurchase program may be made through open market and privately negotiated transactions at times and in such amounts as management deems appropriate in accordance with regulatory requirements.

    FreightCar America Inc. (NASDAQ:RAIL) ended the last trading day at $20.57. Company weekly volatility is calculated as 4.08% and price to cash ratio as 2.03. FreightCar America Inc. (NASDAQ:RAIL) showed a weekly performance of 0.78%.

    On 29 December, Platform Specialty Products Corporation (NYSE:PAH) shares decreased -2.34% and was closed at $12.92. Platform Specialty Products Corporation (NYSE:PAH) year to date (YTD) performance is -44.36%.

    Platform Specialty Products Corporation (NYSE:PAH) announced that its Board of Directors has appointed Rakesh Sachdev as its new Chief Executive Officer. Mr. Sachdev will join Platform effective January 5, 2016. The Board of Directors also appointed Mr. Sachdev to serve as a Director on the Platform’s Board, effective January 5, 2016. In connection with Mr. Sachdev’s appointment, Daniel H. Leever, as previously announced in October, has retired as both Chief Executive Officer and as a Director of the Board, effective immediately.

    Enduro Royalty Trust (NYSE:NDRO) shares decreased -0.35% in last trading session and ended the day at $2.33. NDRO has a return on assets of 3.10%. Enduro Royalty Trust (NYSE:NDRO) quarterly performance is -11.12%.

    Enduro Royalty Trust (NYSE:NDRO) announced its monthly cash distribution to be paid in January 2016 and its 2016 capital program.A cash distribution of $0.029187 per unit will be paid on January 15, 2016 to the Trust’s unitholders of record on December 31, 2015. The distribution primarily represents oil production during the month of September 2015 and natural gas production during August 2015.

    Oracle Corporation (NYSE:ORCL) caters to the Technology space. It has a net profit margin of 24.50% and weekly performance is 1.70%. On the last day of trading company shares ended up at $37.04. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average (SMA50) is -3.58%.

    To keep pace with rapid cloud growth, Oracle corporation (NYSE: ORCL) unveiled plans to construct a next-generation technology campus in Austin, Texas. The company also confirmed that it will purchase housing for employees to live affordably and conveniently nearby.