Lions Gate Entertainment Corp. (USA) (NYSE:LGF) shares bounced 3.8% yesterday to close at $28.66, thanks to box-office debut of Divergent, met analysts’ expectations. Option traders responded to the news by picking up nearly twice as many contracts as usual. More than two-thirds of these options crossed on the call side, and it is possible some of this heavy call activity was the work of short sellers hedging against additional upside — short interest accounts for 11.8% of LGF’s available float. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) shares after opening at $28.95 moved to $28.95 on last trade day and at the end of the day closed at $26.78. Company price to sales ratio in past twelve months was calculated as 1.37 and price to cash ratio as 48.99. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) showed a negative weekly performance of -12.88%.
Carnival Corporation (NYSE:CCL) reported first-quarter fiscal 2014 results before markets opened Tuesday. The cruise line operator reported adjusted earnings per share (EPS) of $0.00 on revenue of $3.6 billion. In the same period a year ago, Carnival reported adjusted EPS of $0.08 on revenue of $3.6 billion. First-quarter results also compare to the Thomson Reuters consensus estimates for an EPS loss of $0.08 and $3.56 billion in revenue. Carnival Corporation (NYSE:CCL) shares fell -4.95% in last trading session and ended the day on $38.02. CCL return on equity ratio is recorded as 4.50% and its return on assets is 2.70%. Carnival Corporation (NYSE:CCL) yearly performance is 16.20%.
Arlington Asset Investment Corp. (NYSE:AI) announced that it has commenced an underwritten registered public offering of 2,750,000 shares of Class A common stock. The Company also expects to grant the underwriters an option for 30 days to purchase up to an additional 412,500 shares of Class A common stock. Barclays Capital Inc., Credit Suisse Securities (USA) LLC and RBC Capital Markets, LLC will serve as joint bookrunning managers for the offering. Arlington Asset Investment Corp (NYSE:AI) shares moved down -4.90% in last trading session and was closed at $26.99, while trading in range of $26.86-$27.28. Arlington Asset Investment Corp (NYSE:AI) year to date performance is 2.27%.
The Shareholders Foundation announces that an investigation for current investors who purchased shares of General Cable Corporation (NYSE:BGC) in 2011 or earlier, was launched concerning whether certain General Cable directors and officers breached their fiduciary duties and caused damages to the company and its shareholders. General Cable Corporation (NYSE:BGC) weekly performance is -4.37%. On last trading day company shares ended up $27.15. General Cable Corporation (NYSE:BGC) distance from 50-day simple moving average is -7.32%. Analysts mean target price for the company is $34.63.