Services Sector Unusual Volume: Safeguard Scientifics (NYSE:SFE), AAR Corp. (NYSE:AIR), LIN MEDIA LLC (NYSE:LIN), Hemisphere Media Group (NASDAQ:HMTV)

Posted by on Mar 25, 2014

Safeguard Scientifics, Inc. (NYSE:SFE) announced that it will release its financial results for the first quarter 2014 prior to market open on Thursday, April 24, 2014. Safeguard Scientifics, Inc (NYSE:SFE) shares after opening at $21.59 on last trade day and at the end of the day closed at $21.2. Company price to cash ratio in past twelve months was calculated as 2.60. Safeguard Scientifics, Inc (NYSE:SFE) showed a positive weekly performance of 5.04%.

AAR CORP. (NYSE: AIR) has been named among the “100 Most Trustworthy Companies in America” in the mid-cap category of public companies by Forbes magazine. AAR is the only aerospace and defense contractor to be recognized this year, based on a rigorous assessment of the Company’s accounting, management and corporate governance practices over the four quarters of the previous fiscal year. AAR Corp. (NYSE:AIR) shares advanced 0.95% in last trading session and ended the day on $28.72. AIR return on equity ratio is recorded as 7.90% and its return on assets is 3.40%. AAR Corp. (NYSE:AIR) yearly performance is 57.98%.

Wolf Haldenstein Adler Freeman & Herz LLP is investigating claims on behalf of investors of LIN MEDIA LLC(NYSE:LIN) concerning the Company’s proposed acquisition by Media General, Inc. Under the terms of the transaction, LIN shareholders will receive either $27.82 in cash or 1.5762 shares of the new holding company for each share of LIN stock. While the consideration offered represents a 29.5% one day premium, at least one analyst set a target price of $32.00 per share and LIN’s stock recently traded above the offer price at $29.24 per share on January 9, 2014. LIN MEDIA LLC(NYSE:LIN) shares moved up 1.41% in last trading session and was closed at $26.69, while trading in range of $26.07 – $26.87. LIN MEDIA LLC(NYSE:LIN) year to date (YTD) performance is -7.04%.

Hemisphere Media Group Inc (NASDAQ:HMTV), the only publicly traded pure-play U.S. media company targeting the high growth Hispanic TV/cable networks business, announced financial results for the fourth quarter and full year ended December 31, 2013. Hemisphere Media Group Inc (NASDAQ:HMTV) weekly performance is 16.65%. On last trading day company shares ended up $12.47. Hemisphere Media Group Inc (NASDAQ:HMTV) distance from 50-day simple moving average (SMA50) is 10.26%. Analysts mean target price for the company is $18.00.

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