x min read

Active Watch List: Bank of America Corporation (NYSE:BAC), Halcon Resources Corp. (NYSE:HK), CoStar Group Inc. (NASDAQ:CSGP), Alleghany Corporation (NYSE:Y)

Active Watch List: Bank of America Corporation (NYSE:BAC), Halcon Resources Corp. (NYSE:HK), CoStar Group Inc. (NASDAQ:CSGP), Alleghany Corporation (NYSE:Y)
Written by
Richard Sandle
Published on
October 15, 2014
Copy URL
Share on LinkedIn
Share on Reddit
Share on Twitter/X
Share on Facebook
InsidrFinancial

Bank of America Corp (NYSE:BAC) – the second-largest American bank by assets – is scheduled to announce its third fiscal quarter (3QFY14) earnings tomorrow before the market opens. Analysts estimate that the lender will report adjusted earnings of $0.32 per share (EPS) from revenues of $21.4 billion in the three-month period. These projections depict a 14% rise in earnings and a fall of around 3.5% in revenues, when compared to the prior year’s quarter. Bank of America Corporation (NYSE:BAC) in last trading activity advanced 0.73% to close at $16.52. Company weekly performance is -2.13% while its quarterly performance stands at 6.86%. Bank of America Corporation (NYSE:BAC) is -8.01% away from its 52 week high.Halcon Resources Corp. (NYSE:HK) will release third quarter 2014 financial results on Nov. 10, 2014 after market closes on New York Stock Exchange. On last trading day Halcon Resources Corp. (NYSE:HK) advanced 2.39% to close at $2.57. Its volatility for the week is 13.51% while volatility for the month is 8.19%. HK's sales growth for past 5 years was 37.20% and its EPS growth for past 5 years was 10.10%. Halcon Resources Corp. (NYSE:HK) monthly performance is -44.85%.CoStar Group, Inc. (NASDAQ:CSGP) will announce financial results for the third quarter of 2014 following the market close on Wednesday, October 29, 2014. Management will conduct a conference call to discuss the third quarter results and the company's outlook at 11:00 AM EDT on Thursday, October 30, 2014. On last trading day CoStar Group Inc. (NASDAQ:CSGP) advanced 0.86% to close at $138.78. Its volatility for the week is 3.59% while volatility for the month is 2.50%. CSGP's sales growth for past 5 years was 15.70% and its EPS growth for past 5 years was -3.60%. CoStar Group Inc. (NASDAQ:CSGP) monthly performance is -11.20%.Alleghany Corp. (NYSE:Y) Director Jefferson Kirby sold 4,581 shares of Alleghany stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $422.31, for a total value of $1,934,602.11. Following the transaction, the director now directly owns 68,030 shares of the company’s stock, valued at approximately $28,729,749. Alleghany Corporation (NYSE:Y) has 0.60% insider ownership while its institutional ownership stands at 83.70%. In last trading activity company's stock closed at $414.61.InterDigital, Inc. (NASDAQ:IDCC) recently demonstrated its Network-as-a-Service solutions at the 2014 Telecom Council Carrier Connections Executive Summit in Mountain View, California. The presentation including a discussion of how the company’s technology addresses the need for multivendor management optimization solutions and what 5G means for the wireless community. On Tuesday shares of InterDigital, Inc. (NASDAQ:IDCC) closed at $41.00. Company's sales growth for last 5 years was 7.30%.

Discover Hidden Gems

Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.