Recap for Traders: Bank of America Corporation (NYSE:BAC), Ellington Financial LLC (NYSE:EFC), New Media Investment Group (NYSE:NEWM), Erin Energy Corporation (NYSEMKT:ERN)

Physicians Realty Trust (NYSE:DOC) shares decreased -0.75% in last trading session and ended the day at $18.46. DOC Gross Margin is 76.00% and its has a return on assets of 0.80%. Physicians Realty Trust (NYSE:DOC) quarterly performance is 13.69%.

Physicians Realty Trust (NYSE: DOC) (the “Company”), a self-managed healthcare properties REIT, announced that the Company has executed purchase and sale agreements for 47 medical office facilities, a signed letter of intent (“LOI”) for 3 medical office facilities and is negotiating to purchase 2 additional medical office facilities owned and anchored by Catholic Health Initiatives regional health systems for a total purchase price of approximately $724.9 million.

Bank of America Corporation (NYSE:BAC) ended the last trading day at $13.19. Company weekly volatility is calculated as 1.81% and price to cash ratio as 0.23. Bank of America Corporation (NYSE:BAC) showed a weekly performance of -1.71%.

Bank of America Corporation (NYSE:BAC) announced the Board of Directors authorized a regular quarterly cash dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on May 2 to shareholders of record as of April 1.

On 05 April, Ellington Financial LLC (NYSE:EFC) shares advanced 0.06% and was closed at $17.16. EFC EPS growth in last 5 year was -14.30%. Ellington Financial LLC (NYSE:EFC) year to date (YTD) performance is 5.25%.

Ellington Financial LLC (NYSE:EFC) announced that its 2016 Annual Meeting of Shareholders will be held on Tuesday, May 17, 2016, at 10:30 AM Eastern Time at the Hyatt Regency at 1800 East Putnam Avenue, Old Greenwich, CT 06870. The Board of Directors has established March 23, 2016 as the record date for determining shareholders entitled to vote at the 2016 Annual Shareholders Meeting.

New Media Investment Group Inc. (NYSE:NEWM) shares decreased -8.50% in last trading session and ended the day at $14.85. NEWM has a return on assets of 5.20%. New Media Investment Group Inc. (NYSE:NEWM) quarterly performance is -20.27%.

On 22 March, New Media Investment Group Inc. (NYSE:NEWM) announced that Propel Business Services, Inc. d/b/a Propel Marketing (“Propel”), a leading national provider of digital marketing products and solutions for local businesses, has acquired ThriveHive for $11.8 million funded with cash on the balance sheet.

Erin Energy Corporation (NYSEMKT:ERN) caters to the Basic Materials space. Its weekly performance is -17.24%. On the last day of trading company shares ended up at $1.68. Erin Energy Corporation (NYSEMKT:ERN) distance from 50-day simple moving average (SMA50) is -24.17%.

On March 30, 2016, Erin Petroleum Nigeria Limited (“EPNL”), a wholly owned subsidiary of Erin Energy Corporation (NYSEMKT:ERN), obtained a waiver from Zenith Bank Plc (“Zenith Bank”) to defer for 90 days the principal payment due on March 31, 2016 under EPNL’s five-year senior secured term loan, dated September 30, 2014 (the “Term Loan Facility”). The preceding description of the deferment does not purport to be complete and is qualified in its entirety by reference to Zenith Bank’s letter to EPNL, dated March 30, 2016.

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