Tag: Quality Distribution Inc

  • Services Sector News Highs: Jumei International Holding Ltd (ADR) (NYSE:JMEI), McGraw Hill Financial Inc(NYSE:MHFI), Robert Half International Inc.(NYSE:RHI), PharMerica Corporation(NYSE:PMC), Quality Distribution Inc(NASDAQ:QLTY)

    On June 5, 2014, Jumei International Holding Ltd (ADR)(NYSE:JMEI) announced that the underwriters of its initial public offering exercised their option to purchase 1,583,854 additional ADS at the initial public offering price of US$22.00 per ADS. Including the exercise of the over-allotment and the private placement completed concurrently with the public offering, Jumei offered a total of 19,542,036 ADSs, which represents a total capital raise of US$429,924,792. Jumei International Holding Ltd (ADR)(NYSE:JMEI) weekly performance is 7.96% .On last trading day company shares ended up $29.69. Jumei International Holding Ltd(ADR)(NYSE:JMEI) distance from 50-day simple moving average (SMA50) is 14.38%.

    On June 5, 2014, Residential construction is a key engine behind economic growth in the United States. According to McGraw Hill Construction’s Dodge Construction Market Forecast, single and multifamily housing projects account for about 45% of the value of all construction projects started in the United States in 2014. With that market forecasted to grow rapidly in coming years, the green activity and drivers in the market are critical. McGraw Hill Financial Inc. (NYSE:MHFI) shares advanced 1.66% in last trading session and ended the day on $83.69. MHFI Gross Margin is 56.80% and its return on assets is 27.00% .McGraw Hill Financial Inc (NYSE:MHFI) quarterly performance is 2.83%.

    Robert Half International (NYSE:RHI) EVP Robert W. Glass sold 29,437 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $44.93, for a total value of $1,322,604.41. Following the transaction, the executive vice president now directly owns 377,912 shares of the company’s stock, valued at approximately $16,979,586. Robert Half International Inc. (NYSE:RHI) shares moved up 1.86% in last trading session and was closed at $46.60, while trading in range of $45.66 – $46.97. Robert Half International Inc. (NYSE:RHI) year to date (YTD) performance is 11.94%.

    PharMerica Corporation (NYSE:PMC) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Wednesday. They currently have a $31.40 target price on the stock. Zacks‘s price objective would suggest a potential upside of 14.02% from the company’s current price. PharMerica Corporation (NYSE:PMC) ended the last trading day at $29.74. Company weekly volatility is calculated as 3.51% and price to cash ratio as $70.23. PharMerica Corporation (NYSE:PMC) showed a positive weekly performance of 9.58%.

    Quality Distribution (NASDAQ:QLTY) Director Thomas R. Miklich sold 10,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $14.44, for a total value of $144,400.00. Following the sale, the director now directly owns 36,873 shares of the company’s stock, valued at approximately $532,446. Quality Distribution Inc. (NASDAQ:QLTY) shares moved up 1.70% in last trading session and was closed at $15.55, while trading in range of $15.20 – $15.73. Quality Distribution Inc. (NASDAQ:QLTY) year to date (YTD) performance is 21.20%.