AOL Inc (NYSE:AOL) posted its quarterly earnings results on Wednesday. The company reported $0.11 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.45 by $0.34, American Banking & Market News reports. The company had revenue of $583.30 million for the quarter, compared to the consensus estimate of $577.70 million. AOL, Inc. (NYSE:AOL) net profit margin is 4.00% and weekly performance is -17.07%. On last trading day company shares ended up $36.39. Analysts mean target price for the company is $52.55. AOL, Inc. (NYSE:AOL) distance from 50-day simple moving average (SMA50) is -15.31%.
Lannett Company, Inc. (NYSE:LCI) reported financial results for its fiscal 2014 third quarter and nine months ended March 31, 2014. For the fiscal 2014 third quarter, net sales doubled to $80.0 million from $39.0 million in last year’s third quarter. Gross profit more than tripled to $56.1 million, or 70% of net sales, from $15.2 million, or 39% of net sales, for the fiscal 2013 third quarter. Research and development (R&D) expenses increased to $10.6 million from $5.2 million for the fiscal 2013 third quarter. Lannett Company, Inc. (NYSE:LCI) shares advanced 4.03% in last trading session and ended the day on $35.37. Gross Margin is 37.80% and its return on assets is 9.20%. Lannett Company, Inc. (NYSE:LCI) quarterly performance is 10.43%.
The Blackstone Group L.P (NYSE:BX) will acquire properties from Mirvac Group for A$826 million (~$766 million). It includes the purchase of core and non-core assets of Mirvac across Australia. As a result, Mirvac shares jumped up by 4.2% in ASX. But, Blackstone shares were down by 4.8% as of April 30, 2014. Time will tell whether the acquisition of assets in Australia is economically viable for Blackstone or not. The Blackstone Group L.P. (NYSE:BX) shares moved up 0.91% in last trading session and was closed at $28.86, while trading in range of $28.31 – $29.29 -. The Blackstone Group L.P. (NYSE:BX) year to date (YTD) performance is -5.66%.
Twitter Inc (NYSE:TWTR) General Counsel Vijaya Gadde sold 13,346 shares of Twitter stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $33.77, for a total transaction of $450,694.42. Following the completion of the sale, the general counsel now directly owns 848,296 shares in the company, valued at approximately $28,646,956. Twitter Inc (NYSE:TWTR) ended the last trading day at $31.96. Company weekly volatility is calculated as 7.05% and price to cash ratio as 8.66. Twitter Inc (NYSE:TWTR) showed a positive/negative weekly performance of -18.24%.
SandRidge Energy Inc. (NYSE:SD) is warming up with the weather, but that did not prevent the Oklahoma City-based company from posting a net loss of $128 million, or 29 cents a share, for the first quarter.The company lost $531 million, or $1.03 a share, in the same period of last year. SandRidge Energy Inc. (NYSE:SD) net profit margin is -55.60% and weekly performance is -2.79%. On last trading day company shares ended up $6.63. Analysts mean target price for the company is $6.36. SandRidge Energy Inc. (NYSE:SD) distance from 50-day simple moving average (SMA50) is 2.61%.