On May 27, 2014, Weyerhaeuser Company (NYSE:WY), is up with its exchange offer that it announced on November 4, 2013. It is an exchange offer related with the “Reverse Morris Trust” transaction. It is an initiative to split-off its real estate business. As per the offer, WRECO and a wholly owned subsidiary of Tri Pointe Homes Inc (NYSE:TPH) will merge. WRECO will then become a wholly owned subsidiary of TPH. Weyerhaeuser Company (NYSE:WY), net profit margin is 6.80% and weekly performance is 3.37%. On last trading day company shares ended up $31.27. Analysts mean target price for the company is $33.25. Weyerhaeuser Company (NYSE:WY), distance from 50-day simple moving average (SMA50) is 6.63%.
Vertex Energy Inc (NASDAQ:VTNR), was downgraded byZacks from an “outperform” rating to a “neutral” rating in a research note issued on Tuesday. They currently have a $9.50 price target on the stock. Zacks‘s price objective would suggest a potential downside of 1.14% from the company’s current price. Vertex Energy Inc (NASDAQ:VTNR), advanced 1.98% in last trading session and ended the day on $9.80. VTNR, Gross Margin is 10.10% and its return on assets is 16.50%. Vertex Energy Inc (NASDAQ:VTNR), quarterly performance is 157.22%.
On May 14, 2014, Allied Motion Technologies, Inc. (NASDAQ:AMOT), announced net income increased 124% to $2,148,000 or $0.24 per diluted share for the quarter ended March 31, 2014 compared to $960,000 or $0.11 per diluted share for the quarter ended March 31, 2013. Revenues for the quarter increased 140% to $60,435,000 compared to $25,143,000 last year with sales in the U.S. up 200% and foreign sales up 78%. Cash at March 31, 2014 increased to $9,718,000 compared to $8,420,000 on March 31, 2013. During the first quarter of 2014, the company received $1,434,000 from the former owner of Globe Motors from a purchase price working capital adjustment, reducing the overall purchase price of Globe to $88,566,000. Allied Motion Technologies, Inc. (NASDAQ:AMOT), shares moved up 1.15% in last trading session and was closed at $14.90, while trading in range of $14.65 – 14.92. Allied Motion Technologies, Inc. (NASDAQ:AMOT), year to date (YTD) performance is 20.16%.
U.S. Lime & Minerals Inc. (NASDAQ:USLM), ended the last trading day at $64.31. Company weekly volatility is calculated as 3.13% and price to cash ratio as 7.40. U.S. Lime & Minerals Inc. (NASDAQ:USLM), showed a negative weekly performance of 14.23%.
Argus downgraded shares of General Dynamics Corporation (NYSE:GD), from a buy rating to a hold rating in a research note released on Tuesday morning,TheFlyOnTheWall.com reports. The analysts noted that the move was a valuation call. General Dynamics Corporation (NYSE:GD), net profit margin is 7.60% and weekly performance is 2.90%. On last trading day company shares ended up $117.97. Analysts mean target price for the company is $123.79. General Dynamics Corporation (NYSE:GD), distance from 50-day simple moving average (SMA50) is 7.25%.