MRV Communications, Inc. (NASDAQ:MRVC) shares moved down -0.76% in last trading session and ended the day at $14.38. MRVC Gross Margin is 33.70% and its has a return on assets of -6.70%. MRV Communications, Inc. (NASDAQ:MRVC) quarterly performance is -14.51%.
MRV Communications (NASDAQ: MRVC), a global provider of packet and optical networking solutions, reported financial results for the three- and nine- months ended September 30, 2015. At September 30, 2015, cash and equivalents were $19.9 million, compared to $13.5 million at June 30, 2015 and $22.4 million at December 31, 2014. During the quarter, the company generated $6.4 million in cash, including $4.3 million from operations. From January 1, 2015 through September 30, 2015, the company used $4.9 million to repurchase 502,000 shares and $2.5 million to retire short-term debt.
General Electric Company (NYSE:GE) ended the last trading day at $30.16. Company weekly volatility is calculated as 2.25% and price to cash ratio as 3.08. General Electric Company (NYSE:GE) showed a weekly performance of 1.75%.
General Electric Company (NYSE:GE) Thursday won approval from the U.S. Environmental Protection Agency to shut down a 100-acre plant the company has used during a seven-year project to treat polluted sediment dredged from the bed of the Hudson River.
On 12 November, Cummins Inc. (NYSE:CMI) shares moved down -2.25% and was closed at $97.83. CMI EPS growth in last 5 year was 33.10%. Cummins Inc. (NYSE:CMI) year to date (YTD) performance is -30.85%.
In a plenary address at the BSR Conference 2015, Tom Linebarger, Chairman and Chief Executive Officer of Cummins Inc. (NYSE:CMI), explored how resilience can help build a better world. If we have the opportunity and are provided with leadership responsibility, we should work to make the world a more just and sustainable place,” Linebarger said. Following his address, Linebarger joined a conversation with John Hodges, Managing Director, Advisory Services, BSR, and answered live questions from BSR Conference participants and Twitter.
Approach Resources, Inc. (NASDAQ:AREX) shares moved down -9.84% in last trading session and ended the day at $2.20. AREX Gross Margin is 73.30% and its has a return on assets of -10.30%. Approach Resources, Inc. (NASDAQ:AREX) quarterly performance is -18.22%.
Facing “significant commodity price headwinds” in the third quarter, Approach Resources, Inc. (NASDAQ:AREX) is standing by a decision to suspend drilling for the rest of the year. The Fort Worth-based oil and gas company said Thursday that it lost $148.7 million in the third quarter, compared with $22.4 million profit a year earlier. Its adjusted net loss was $5.9 million, or 14 cents per diluted share.
Whiting Petroleum Corp. (NYSE:WLL) caters to the Basic Materials space. Its weekly performance is -14.09%. On the last day of trading company shares ended up at $16.16. Whiting Petroleum Corp. (NYSE:WLL) distance from 50-day simple moving average (SMA50) is -10.03%.
-Whiting Petroleum Corporation (NYSE: WLL) announced that Mike Stevens, Whiting’s Senior Vice President and CFO, and Pete Hagist, Whiting’s Senior Vice President, participated at the Bank of America Merrill Lynch Global Energy Conference at the Fontainbleau Hotel in Miami. Whiting’s presented at 9:00 a.m. Eastern Standard Time on Tuesday, November 10, 2015.
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