Tag: SIEGY

  • Top News: E Commerce China Dangdang Inc. (ADR) (NYSE:DANG), Chimera Investment Corporation (NYSE:CIM), CIG, Avon Products, Inc. (NYSE:AVP), Siemens AG (ADR) (OTCMKTS:SIEGY)

    Dangdang (NASDAQ:DANG) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on 19 May. They currently have a $9.60 price objective on the stock. Zacks‘s target price indicates a potential upside of 5.49% from the stock’s previous close. E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) net profit margin is -2.30% and weekly performance is -12.38%. On last trading day company shares ended up $9.70. Analysts mean target price for the company is $12.53. E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) distance from 50-day simple moving average (SMA50) is -26.10%.

    Chimera Investment Corporation (NYSE:CIM) At June 30, 2013 the difference between GAAP book value and estimated economic book value was determined to be $529.5 million. At December 31, 2012 the difference between GAAP book value and estimated economic book value was determined to be $416.1 million. This difference is primarily driven by the value of the RMBS assets we have retained in these re-securitization transactions as compared to the value of consolidated loans and securities net of RMBS assets sold and recorded at amortized cost in these transactions. Chimera Investment Corporation (NYSE:CIM) shares advanced 0.65% in last trading session and ended the day on $3.09. CIM gross Margin is 72.00% and its return on assets is 5.00%.Chimera Investment Corporation (NYSE:CIM) quarterly performance is 2.32%.

    Companhia Energetica de Minas Gerais (NYSE:CIG), also known as CEMIG, posted a net income of R$1,250.1 million (US$529.7 million), up 52.1% year over year, in first-quarter 2014. CEMIG generated net revenues of R$4,760.8 million (US$2,017.3 million), reflecting an increase of 29.5% year over year. Sales to end consumers accounted for 71% of the net revenues generated. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) shares moved up 0.27% in last trading session and was closed at $7.31, while trading in range of $7.18 – $7.32. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) year to date (YTD) performance is 29.61%.

    Avon Products, Inc. (NYSE:AVP) has signed a partnership agreement with Coty Inc. in which it will distribute the latter’s fragrances through its Brazilian 1.5 million independent Sales representatives. The deal essentially joins Avon’s extensive network of representatives with Coty’s Celebrity portfolio of representative, expected to increase market share in the fragrance industry. Avon Products, Inc. (NYSE:AVP) ended the last trading day at $13.96. Company weekly volatility is calculated as 1.76% and price to cash ratio as 7.63.Avon Products, Inc. (NYSE:AVP) showed a positive weekly performance of 2.27%.

    Shares of Siemens AG (OTCMKTS:SIEGY) are trading with heavy volume after it was reported that the company is working on a formal asset-swap offer for Alstom’s power business that could come as early as this week and see France take a stake in a resulting rail-focused French group, sources told Reuters. On last trading day company shares ended up $131.42.