Mueller Water Products, Inc. (NYSE: MWA) reported net sales of $257.4 million and net income of $1.1 million for the fiscal 2014 first quarter ended December 31, 2013. The following compares fiscal 2014 first quarter results from continuing operations with those of the prior year period. In the 2014 first quarter, the Company: Increased net sales $12.3 million to $257.4 million from $245.1 million, Improved operating income 103 percent to $14.0 million from $6.9 million and adjusted operating income 86 percent to $14.1 million from $7.6 million, Increased net income per diluted share to $0.01 from a loss of $0.03 and increased adjusted net income per diluted share to $0.01 from a loss of $0.02. Mueller Water Products, Inc. (NYSE:MWA) stock opened at $8.62 in last trading session, and closed at $8.93, trading in the range of $8.51 – $9.03. The stock showed a positive weekly performance of 4.08%.
The company said its drug to treat a rare muscular disorder in young boys stabilized respiratory muscle function in patients at 120 weeks of treatment. Sarepta Therapeutics Inc (NASDAQ:SRPT)said data from the mid-stage study in patients with Duchenne muscular dystrophy showed an increase in the pressure of inhalation and exhalation, which measure diaphragm muscle weakness. Sarepta said in October 2012 that the trial met its main goal of increasing the level of a key protein after 48 weeks of treatment. The study was extended to monitor the drug’s safety and efficacy. Sarepta Therapeutics Inc (NASDAQ:SRPT) stock advanced 9.45% and finished the last session at $25.13. The EPS of the stock remained -5.52. Company’s market capitalization is $944.44 million.
Analysts at CSFB raised their price objective on shares of Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) from C$8.00 to C$9.00 in a research report issued to clients and investors on Wednesday, AnalystRatings.Net reports. The firm currently has a “neutral” rating on the stock. CSFB’s target price suggests a potential upside of 7.27% from the company’s current price. Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) shares closed at $8.03 on last trade day, by gaining 6.22%. Stock 52 week range is $5.18 – $12.12. Company’s market capitalization is $662.59 billion.
First BanCorp (Puerto Rico) (NYSE:FBP) released its earnings data on Monday. The company reported $0.07 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.11 by $0.04, Analyst Ratings Network.com reports. During the same quarter in the prior year, the company posted $0.07 earnings per share. First Bancorp (NYSE:FBP) stock opened at $4.41 in last trading session and closed at $4.77. The 52 week range of the stock is $4.36 – $8.70 and the day range was $4.36 – $4.77.
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