Early Day Buzz: Apollo Education Group, Inc., Plains GP Holdings, L.P. (NYSE:PAGP), Allot Communications (NASDAQ:ALLT), Huntington Bancshares Incorporated (NASDAQ:HBAN)

Posted by on Feb 10, 2016

Eros International Plc (NYSE:EROS) shares moved down -3.03% in last trading session and ended the day at $7.04. EROS Gross Margin is 46.80% and its has a return on assets of 4.20%. Eros International Plc (NYSE:EROS) quarterly performance is -45.85%.

Eros International PLC (NYSE: EROS) (“Eros”), a leading global company in the Indian film entertainment industry, announced that it has released consolidated financial results by its majority-owned subsidiary, Eros International Media Limited for the fiscal third quarter 2016.

Apollo Education Group, Inc. (NASDAQ:APOL) ended the last trading day at $8.56. Company weekly volatility is calculated as 5.23% and price to cash ratio as 1.37. Apollo Education Group, Inc. (NASDAQ:APOL) showed a weekly performance of 23.70%.

Apollo Education Group, Inc. (NASDAQ: APOL) announced it has entered into a definitive agreement to be acquired by a consortium of investors including The Vistria Group, LLC, funds affiliated with Apollo Global Management, LLC (NYSE: APO), and Najafi Companies for $9.50 per share in cash for both Class A and B shares. The purchase price represents a premium of 30 percent over Apollo Education Group’s 30-day volume weighted average stock price for the period ended Feb. 5, 2016, and a 44 percent premium over the closing price on Jan. 8, 2016, immediately prior to the announcement that the Board of Directors was pursuing strategic alternatives.

On 09 February, Plains GP Holdings, L.P. (NYSE:PAGP) shares moved down -16.48% and was closed at $5.32. Plains GP Holdings, L.P. (NYSE:PAGP) year to date (YTD) performance is -42.11%.

Plains GP Holdings LP (NYSE:PAGP) on Monday reported fourth-quarter profit of $25 million. The Houston-based company said it had profit of 11 cents per share. The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. The oil and gas holding company posted revenue of $5 billion in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $8.17 billion.

Allot Communications Ltd. (NASDAQ:ALLT) shares moved down -7.88% in last trading session and ended the day at $4.56. Allot Communications Ltd. (NASDAQ:ALLT) quarterly performance is -20.14%.

Allot Communications Ltd. (NASDAQ:ALLT) reported total revenues for the fourth quarter of 2015 were $25.4 million compared to $23.5 million of revenue reported for the third quarter of 2015 and $30.6 million of revenue reported for the fourth quarter of 2014. Gross margin was 48% compared to 74% reported for the third quarter of 2015 and 66% during the fourth quarter of 2014. Cost of revenues includes impairment charge of $5.8 resulting from intangible assets write offs in the quarter. GAAP tax expenses amounted to $3.0 include $2.7 million of deferred tax asset and pre-paid tax expenses write-off. Net loss for the fourth quarter of 2015 was $10.4 million, or $0.31 per basic and diluted share.

Huntington Bancshares Incorporated (NASDAQ:HBAN) caters to the Financial space. It has a net profit margin of 31.30% and weekly performance is 0.48%. On the last day of trading company shares ended up at $8.45.

Huntington Bancshares Incorporated (NASDAQ:HBAN) participated at the Credit Suisse Financial Services Forum on February 10, 2016. Mr. Steve Steinour, Chairman, President, and CEO, and Mr. Howell “Mac” McCullough, Senior Executive Vice President and CFO, presented to analysts and investors at 9:30 AM ET.

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