Tag: Mitsui & Co

  • Conglomerates: Mitsui & Co Ltd (OTCMKTS: MITSY), Scorpio Tankers (NYSE:STNG), Harbinger Group (NYSE:HRG), REX American Resources (NYSE:REX), Icahn Enterprises LP (NASDAQ:IEP)

    On 12 MAY Mitsui & Co Ltd (ADR) (OTCMKTS: MITSY)’s CEO Masami Iijima hosted an analyst conference to announce new medium-term management plan. Mitsui & Co Ltd (ADR) (OTCMKTS: MITSY) net profit margin is 3.15% and weekly performance is -3.19%. On last trading day company shares ended up $298.95. Analysts mean target price for the company is $627.80. Mitsui & Co Ltd (ADR) (OTCMKTS: MITSY) distance from 50-day simple moving average (SMA50) is 3.06%.

    On 2 JUNE Scorpio Tankers Inc. (NYSE:STNG) said it has entered into an agreement to buy back millions of its own common stock. The company has also updated about the vessel deliveries. Scorpio Tankers Inc. (NYSE:STNG) shares fell -0.99% in last trading session and ended the day on $9.01. STNG Gross Margin is 24.60% and its return on assets is 4.00%. Scorpio Tankers Inc. (NYSE:STNG) quarterly performance is -9.17%.

    On 29 MAY Harbinger Group Inc (NYSE:HRG) announced the early tender results of its previously announced offer (the “Offer”) to exchange a portion of its outstanding 7.875% Senior Secured Notes due 2019 (the “Senior Secured Notes”) for up to $350,000,000 aggregate principal amount (the “Tender Cap”) of new 7.750% Senior Notes due 2022 (the “Additional Unsecured Notes”). Harbinger Group Inc (NYSE:HRG) shares moved down -0.17% in last trading session and was closed at $11.67, while trading in range of $11.58 – $11.74. Harbinger Group Inc (NYSE:HRG) year to date (YTD) performance is 1.04%.

    On 28 MAY REX American Resources Corp (NYSE:REX) reported record financial results for its fiscal 2014 first quarter (“Q1 ‘14”) ended April 30, 2014. REX American Resources Corp (NYSE:REX)’s Q1 ‘14 net sales and revenue were $155.9 million, the Company’s gross profit rose to $36.6 million, from $9.0 million in the prior year period. The strong growth in quarterly gross profit and income of unconsolidated ethanol affiliates resulted in Q1 ’14 net income from continuing operations before income taxes and non-controlling interests of $38.0 million, compared with $5.8 million in Q1 ’13. REX American Resources Corp (NYSE:REX) ended the last trading day at $73.69. Company weekly volatility is calculated as 5.62% and price to cash ratio as 5.74.REX American Resources Corp (NYSE:REX) showed a positive weekly performance of 17.96%.

    On 8 MAY Icahn Enterprises LP (NASDAQ:IEP) reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.71 by $2.48. The company had revenue of $5.00 billion for the quarter, compared to the consensus estimate of $5.40 billion. On average, analysts predict that Icahn Enterprises will post $9.41 earnings per share for the current fiscal year. Icahn Enterprises LP (NASDAQ:IEP) net profit margin is 4.90% and weekly performance is -2.18%. On last trading day company shares ended up $99.74. Analysts mean target price for the company is $115.00. Icahn Enterprises LP (NASDAQ:IEP) distance from 50-day simple moving average (SMA50) is 0.50%.