Author: Robyn Carmichael

  • Stocks on the Move: Camden Property Trust (NYSE:CPT), Ford Motor Company (NYSE:F), Santander Consumer USA Holdings (NYSE:SC), SandRidge Energy (NYSE:SD), Abeona Therapeutics (NASDAQ:ABEO)

    Camden Property Trust (NYSE:CPT) shares increased 2.16% in last trading session and ended the day at $75.15. CPT Gross Margin is 60.60% and its has a return on assets of 6.00%. Camden Property Trust (NYSE:CPT) quarterly performance is -5.25%.

    Camden Property Trust (NYSE:CPT) announced operating results for the three and nine months ended September 30, 2015. We are pleased to report another solid quarter of earnings growth,” said Richard Campo, Camden’s Chairman and CEO. “Operating fundamentals in the apartment industry remain favorable, and we expect 2016 to be another strong year for our business. Subsequent to quarter-end, the Company acquired a 5.8-acre land parcel in Gaithersburg, MD for $13.3 million for the future development of approximately 365 apartment homes. The Company also disposed of Camden Providence Lakes, a 260-home community in Brandon, FL for $33.0 million subsequent to quarter-end.

    Ford Motor Company (NYSE:F) shares fell -0.35% in last trading session and ended the day at $14.28. F Gross Margin is 14.30% and its has a return on assets of 2.20%. Ford Motor Company (NYSE:F) quarterly performance is -1.73%.

    The United Auto Workers union and Ford Motor Company (NYSE:F) have reached a tentative agreement on a new four-year labor contract, UAW leaders said in an update to members Friday.UAW leaders will vote on Monday whether to send the contract to the union’s 52,000 members — including about 9,000 workers at Ford’s two plants in Louisville — for final ratification. I know this has been a very long and stressful process, but I thank each of the 52,000 hard working men and women of UAW-Ford for their patience, understanding and solidarity,” UAW President Dennis Williams and Vice President Jimmy Settles said in the update to members.

    On 10 November, Santander Consumer USA Holdings Inc. (NYSE:SC) shares decreased -1.11% and was closed at $17.75. SC EPS growth in last 5 year was 29.10%. Santander Consumer USA Holdings Inc. (NYSE:SC) year to date (YTD) performance is -9.48%.

    Santander Consumer USA Holdings Inc. (NYSE:SC), announced it will expand its operations to the Centrica project at 1550 W. Southern Ave. in the Fiesta District in Mesa, Arizona. The company is new to the Phoenix market and will lease the entire 117,000 sq. ft. Centrica project. Santander will employ more than 970 people over three years with an average wage of approximately $51,000. The company expects to occupy the building in January.We are excited to expand our corporate footprint to the Mesa, Arizona, Fiesta District,” said Brad Martin, SC’s COO. “Santander Consumer USA looks forward to bringing new jobs to the area, and earning the trust and respect of the community.”

    SandRidge Energy, Inc. (NYSE:SD) shares decreased -7.50% in last trading session and ended the day at $0.37. SD Gross Margin is 56.30% and its has a return on assets of -49.30%. SandRidge Energy, Inc. (NYSE:SD) quarterly performance is -38.33%.

    SandRidge Energy, Inc. (NYSE: SD) announced that it has agreed to acquire the assets of EE3, LLC (EE3) in a privately negotiated transaction for $190 million in cash, pending standard due diligence and post-closing adjustments. The transaction is expected to close in the fourth quarter of 2015. With this acquisition, SandRidge will have a material, derisked Niobrara Shale position in the North Park Basin, Jackson County, Colorado. The Niobrara Shale is characterized by numerous stacked pay reservoirs, proven production history, long-lived reserves and repeatable drilling results. The acquired acreage is largely concentrated in rural north central Colorado and ideal for pad drilling and efficient infrastructure installation.

    Abeona Therapeutics Inc. (NASDAQ:ABEO) caters to the Healthcare space. Its weekly performance is 2.51%. On the last day of trading company shares ended up at $4.49. Abeona Therapeutics Inc. (NASDAQ:ABEO) distance from 50-day simple moving average (SMA50) is -13.26%.

    Abeona Therapeutics (NASDAQ:ABEO)‘s stock had its “outperform” rating reiterated by equities researchers at FBR & Co. in a research note issued on Friday.