Tag: Universal Forest Products

  • Stocks To Watch: BlackBerry Ltd (NASDAQ:BBRY), Universal Forest Products (NASDAQ:UFPI), MGP Ingredients (NASDAQ:MGPI), Live Nation Entertainment (NYSE:LYV)

    BlackBerry Ltd (NASDAQ:BBRY) recently acknowledged that the Heartbleed bug is a serious threat to all platforms, be it mobile or desktop. However, the Canadian tech company also stated that a hacker needed to be highly professional to exploit the vulnerabilities caused by the bug. BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $7.18 moved to $7.27 on last trade day and at the end of the day closed at $7.15. Company price to sales ratio in past twelve months was calculated as 0.30 and price to cash ratio as 1.37. BlackBerry Ltd (NASDAQ:BBRY) showed a negative weekly performance of -6.78%.

    Universal Forest Products, Inc. (NASDAQ:UFPI) accepted the resignation of Robert Lees, president of the Company’s Eastern Division, effective as of April 17, 2014. In connection with this resignation, the Company announced the restructuring of its Eastern Division operations into two geographic operating groups. These new operating groups, within the Company’s Eastern Division, are intended to facilitate and enhance the management of the growth of the Company’s operations in that region. Universal Forest Products, Inc. (NASDAQ:UFPI) shares fell -2.21% in last trading session and ended the day on $53.00. UFPI return on equity ratio is recorded as 7.80% and its return on assets is 5.20%. Universal Forest Products, Inc. (NASDAQ:UFPI) yearly performance is 44.53%.

    Local 74D of the United Food and Commercial Workers (UFCW) Union yesterday ratified a new five-year collective bargaining unit agreement with MGPI Processing, Inc., a subsidiary of MGP Ingredients, Inc (NASDAQ:MGPI). The agreement, which covers union employees at the company’s Atchison, Kan., plant, took effect on April 16, 2014 and extends through Aug. 31, 2019. MGP Ingredients Inc (NASDAQ:MGPI) shares moved up 2.21% in last trading session and was closed at $6.48 while trading in range of $6.39 – $6.52 – MGP Ingredients Inc (NASDAQ:MGPI) year to date (YTD) performance is 25.83%.

    Live Nation Entertainment, Inc. (NYSE:LYV) announced that it has acquired Creativeman’s minority stake in Live Nation Japan, resulting in Live Nation Entertainment assuming full ownership. Live Nation Entertainment, Inc. (NYSE:LYV) weekly performance is 1.33%. On last trading day company shares ended up $20.58. Live Nation Entertainment, Inc. (NYSE:LYV) distance from 50-day simple moving average (SMA50) is -6.18%. Analysts mean target price for the company is $26.42.