Author: Shelly Adams

  • Can’t Ignore: Superior Drilling Products (NYSEMKT:SDPI), Zebra Technologies Corporation (NASDAQ:ZBRA), Sony Corp (NYSE:SNE), JPMorgan Chase & Co. (NYSE:JPM)

    Avenue Financial Holdings, Inc. (NASDAQ:AVNU) shares increased 40.34% in last trading session and ended the day at $19.24. AVNU has a return on assets of 0.60%. Avenue Financial Holdings, Inc. (NASDAQ:AVNU) quarterly performance is 37.13%.

    Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Avenue Financial Holdings, Inc. (“Avenue” or the “Company”) (NASDAQ:AVNU) concerning the proposed acquisition of the Company by Pinnacle Financial Partners, Inc. (“Pinnacle”) (PNFP).

    Superior Drilling Products, Inc. (NYSEMKT:SDPI) ended the last trading day at $2.25. Company weekly volatility is calculated as 29.75% and price to cash ratio as 20.63. Superior Drilling Products, Inc. (NYSEMKT:SDPI) showed a weekly performance of 122.77%.

    Superior Drilling Products, Inc. (NYSE MKT:SDPI) announced that it reached an agreement to supply the Company’s Strider Drill String Oscillation System (“Strider”) and related services to Baker Hughes, a leading global supplier of oilfield services, products, technology and systems. The Strider utilizes its unique patent-pending design to reduce drill string friction on horizontal wells, resulting in improved rates of penetration and cost savings. Its revolutionary engineering provides a cost effective alternative to conventional downhole vibration tools.

    On 29 January, Zebra Technologies Corporation (NASDAQ:ZBRA) shares increased 8.44% and was closed at $60.40. ZBRA EPS growth in last 5 year was -5.10%. Zebra Technologies Corporation (NASDAQ:ZBRA) year to date (YTD) performance is -13.28%.

    Zebra Technologies Corporation (NASDAQ:ZBRA) is deeply saddened to announce that director, executive vice president and co-founder Gary Cless passed away on Friday following a long illness.

    Sony Corp (ADR) (NYSE:SNE) shares increased 17.69% in last trading session and ended the day at $23.88. SNE Gross Margin is 35.20% and its has a return on assets of 0.60%. Sony Corp (ADR) (NYSE:SNE) quarterly performance is -17.57%.

    Sony Corp. (ADR) (NYSE:SNE) seems determined to make its mark in the Internet of Things (IoT) arena. The company just snapped up Altair Semiconductor for $212 million to get a running start. Israel-based Altair makes modem chip technology and develops software for LTE, the standard data Relevant Products/Services communications protocol on most smartphones. Industry watchers expect LTE to be the connector of devices in the rising IoT market. Sony expects to complete the acquisition early next month.

    JPMorgan Chase & Co. (NYSE:JPM) caters to the Financial space. It has a net profit margin of 44.00% and weekly performance is 4.48%. On the last day of trading company shares ended up at $59.50. JPMorgan Chase & Co. (NYSE:JPM) distance from 50-day simple moving average (SMA50) is -5.92%.

    JPMorgan Chase & Co. (NYSE:JPM) will host a conference call to review first quarter 2016 financial results on Wednesday, April 13, 2016 at 8:30 a.m. (Eastern). The results are scheduled to be released at approximately 6:45 a.m. (Eastern).