Early Day Notes: United Community Banks, Inc., DuPont Fabros Technology (NYSE:DFT), Achillion Pharmaceuticals (NASDAQ:ACHN), Laredo Petroleum (NYSE:LPI)

Posted by on Dec 24, 2015

On 23 December, Gener8 Maritime Inc. (NYSE:GNRT) shares moved up 8.97% and was closed at $9.48. GNRT EPS growth in last 5 year was -21.80%. Gener8 Maritime Inc. (NYSE:GNRT) year to date (YTD) performance is -27.63%.

Gener8 Maritime Inc. (NYSE:GNRT) announced that it has entered into a senior secured credit facility for up to $259.6 million of debt financing for its Chinese VLCC newbuilding program to be drawn in connection with the deliveries of the first four of the company’s six Chinese new buildings. Financing is being provided by Citibank, N.A. (“Citibank”), The Export-Import Bank of China (“CEXIM”), and the Bank of China (“BOC”).

United Community Banks, Inc. (NASDAQ:UCBI) shares moved up 0.77% in last trading session and ended the day at $19.53. UCBI has a return on assets of 0.90%. United Community Banks, Inc. (NASDAQ:UCBI) quarterly performance is -2.54%.

United Community Banks, Inc. (NASDAQ:UCBI) announced a quarterly dividend. Investors of record on Tuesday, December 15th will be given a dividend of 0.06 per share by the financial services provider on Monday, January 4th.

DuPont Fabros Technology, Inc. (NYSE:DFT) caters to the Financial space. It has a net profit margin of 16.30% and weekly performance is -0.37%. On the last day of trading company shares ended up at $32.14. DuPont Fabros Technology, Inc. (NYSE:DFT) distance from 50-day simple moving average (SMA50) is 1.53%.

DuPont Fabros Technology, Inc. (NYSE:DFT) announced a quarterly dividend. Investors of record on Wednesday, December 30th will be paid a dividend of 0.47 per share by the real estate investment trust on Friday, January 15th. This represents a $1.88 annualized dividend and a dividend yield of 5.84%. The ex-dividend date is Monday, December 28th.

Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) shares increased 2.43% in last trading session and ended the day at $10.13. ACHN has a return on assets of -14.80%. Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) quarterly performance is 19.88%.

William Blair reissued their outperform rating on shares of Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) in a report published on Tuesday, MarketBeat.Com reports. William Blair currently has a $16.00 target price on the biopharmaceutical company’s stock.

Laredo Petroleum, Inc. (NYSE:LPI) caters to the Basic Materials space. Its weekly performance is 4.32%. On the last day of trading company shares ended up at $8.70. Laredo Petroleum, Inc. (NYSE:LPI) distance from 50-day simple moving average (SMA50) is -21.04%.

On 21 December, Laredo Petroleum, Inc. (NYSE:LPI) made comments supporting legislation ending the ban on crude oil exports. The Company has been actively involved in the effort by Producers for American Crude Oil Exports (PACE) to educate law makers on the benefits to Americans of an export ban repeal. Significant independent research and analysis demonstrated that lifting the export ban would protect and create jobs, support economic growth and benefit consumers.

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