Stocks Gaining Momentum: Apple Inc. (NASDAQ:AAPL), LiveDeal (NASDAQ:LIVE), Syngenta AG (NYSE:SYT), Bloomin’ Brands (NASDAQ:BLMN)

Posted by on Apr 17, 2014

Apple Inc. (NASDAQ:AAPL)’s $158.8 billion cash stockpile more than triples the $48.5 billion currently in the coffers of the U.S. government, according to a new report. Apple Inc. (NASDAQ:AAPL), shares after opening at $518.05 moved to $521.09 on last trade day and at the end of the day closed at $519.01. Company price to sales ratio in past twelve months was calculated as 2.66 and price to cash ratio as 11.37. Apple Inc. (NASDAQ:AAPL), showed a negative weekly performance of 2.13%.

In company news, LiveDeal Inc (NASDAQ:LIVE), plunged -10.44% against apparent profit taking by investors as the stock was flying high recently when the company announced that it expects revenues for the quarter ended March 31, 2014 to have increased over the previous quarter, which ended December, 2013. LiveDeal Inc (NASDAQ:LIVE), shares fell 2.02% in last trading session and ended the day on $4.37. LiveDeal Inc (NASDAQ:LIVE), return on equity ratio is recorded as -205.00% and its return on assets is -159.00%. LiveDeal Inc (NASDAQ:LIVE), yearly performance is 337.00%.

Syngenta AG (ADR) (NYSE:SYT), premarket after reporting Q1 sales rose 2% to $4.68B, in line with analyst expectations, helped by a strong start to the European season and growth in emerging markets; excluding exchange rate moves, sales climbed 5%.Expects weaker currencies to knock ~$100M off FY 2014 EBITDA, particularly the devaluation of Ukraine’s hryvnia, compared with an earlier forecast for a $50M impact; SYT gets 4%-5% of its total sales from the Commonwealth of Independent States, which includes Ukraine.Mild weather in Europe helped the planting season get off to a strong start and sales in its Europe, Africa and Middle East region rose 10%, helping compensate for a 7% drop in sales in North America, where a cold winter has delayed the start of planting. Syngenta AG (ADR) (NYSE:SYT), shares moved up 1.89% in last trading session and was closed at $77.72, while trading in range of $ 77.33 – 78.23. Syngenta AG (ADR) (NYSE:SYT), year to date (YTD) performance is -2.78%.

On April 16, 2014, Bloomin’ Brands Inc (NASDAQ:BLMN), announced that its wholly-owned subsidiary, OSI Restaurant Partners, LLC, has initiated a process to refinance a portion of its existing senior secured credit facilities (the “Credit Facilities”). The existing Credit Facilities provide for senior secured financing of up to $1.225 billion, consisting of a $1.0 billion Term Loan B and a $225.0 million revolving credit facility, which mature in October 2019 and October 2017, respectively. Bloomin’ Brands Inc (NASDAQ:BLMN), weekly performance is -2.80%. On last trading day company shares ended up $22.90. Bloomin’ Brands Inc (NASDAQ:BLMN), distance from 50-day simple moving average (SMA50) is -4.17%. Analysts mean target Price for the company is $28.33.

Leave a Reply

Your email address will not be published. Required fields are marked *