Sunedison Inc (NASDAQ:SUNE) is scheduled to release its Q114 earnings data on Thursday, May 8th. Analysts expect Sunedison to post earnings of ($0.17) per share and revenue of $593.88 million for the quarter. Sunedison Inc(NYSE:SUNE) shares after opening at $2.10 moved to $2.15 on last trade day and at the end of the day closed at $18.31. Company price to sales ratio in past twelve months was calculated as 2.44 and price to cash ratio as 8.54. Sunedison Inc (NYSE:SUNE) showed a negative weekly performance of -4.78%.
Ariad Pharmaceuticals (ARIA) reported $8 million net sales of the leukemia drug Iclusig in the first quarter. well short of the $10 million consensus estimate. If you want to be generous, give Ariad credit for the $1.3 million in deferred Iclusig revenue tied to inventory. Sales still came up short. This is the first full quarter of Iclusig sales since Ariad re-launched the drug following last year’s epic toxicity-driven implosion. Investor expectations were probably on the low end. Still, I fail to see any reason to believe Iclusig makes a full recovery. Doctors have relegated Iclusig to third and fourth-line therapy in CML patients, with a smattering of second-line thrown in. Even expansion into other cancer indications like GIST (where competition also exists( won’t make up for the shortfall. Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA) shares fell -6.75% in last trading session and ended the day on $4.80. ARIA return on equity ratio is recorded as -98.50% and its return on assets is -65.80%. Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA) yearly performance is -61.54%.
AOL Inc has posted a drop in quarterly profit, with the company’s stock price falling 22 per cent after it missed earnings expectations due to the cost of restructuring its digital and media entertainment businesses. Net income dropped 64 per cent to $US9.3 million because of costs related to workforce reduction and a $US10 million impairment charge for software at the division that operates its legacy subscription dial-up services. AOL, Inc.(NYSE:AOL) shares moved down -20.62% in last trading session and was closed at $34.85, while trading in range of $ 32.31 – 40.01. AOL, Inc.(NYSE:AOL) year to date (YTD) performance is -25.25%.
SolarCity Corp (NASDAQ:SCTY) CEO Lyndon R. Rive sold 120,000 shares of SolarCity Corp stock on the open market in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $54.16, for a total transaction of $6,499,200.00. Following the sale, the chief executive officer now directly owns 779,257 shares in the company, valued at approximately $42,204,559. SolarCity Corp (NASDAQ:SCTY) weekly performance is -10.40%. On last trading day company shares ended up $47.71. SolarCity Corp (NASDAQ:SCTY) distance from 50-day simple moving average (SMA50) is -26.76%. Analysts mean target price for the company is $75.22.
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