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Hot News : Novartis AG (NYSE:NVS), Chevron Corporation (NYSE:CVX), Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT), NewStar Financial (NASDAQ:NEWS), OPOWER, Inc. (NYSE:OPWR)

Hot News : Novartis AG (NYSE:NVS), Chevron Corporation (NYSE:CVX), Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT), NewStar Financial (NASDAQ:NEWS), OPOWER, Inc. (NYSE:OPWR)
Written by
Charles Donlon
Published on
October 24, 2014
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Earlier this week, Novartis AG (NYSE:NVS) announced that the FDA’s Dermatologic and Ophthalmic Drugs Advisory Committee (:DODAC) has unanimously voted in favor of approving AIN457 (secukinumab), a selective interleukin-17A (IL-17A) inhibitor, for the treatment of moderate-to-severe plaque psoriasis in adult patients suitable for systemic therapy or phototherapy. Novartis AG (NYSE:NVS) in last trading activity moved up 1.18% to close at $89.24. Company weekly performance is 4.96% while its quarterly performance stands at 0.94%. Novartis AG (NYSE:NVS) is -6.55% away from its 52 week high. Chevron Corporation (NYSE:CVX) has announced that the Guadalupe well in the Gulf of Mexico has come in, encountering ‘significant oil pay’. Along with confirmation of the central North Sea find i mentioned yesterday it has been a good week for the exploration department at Beeps. On last trading day Chevron Corporation (NYSE:CVX) moved up 1.92% to close at $116.19. Its volatility for the week is 1.82% while volatility for the month is 2.09%. CVX's sales growth for past 5 years was -3.60% and its EPS growth for past 5 years was -1.00%. Chevron Corporation (NYSE:CVX) monthly performance is -5.07%. Starwood Preferred Guest (SPG), the award-winning loyalty program from Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), announced a two-year extension of its partnership with the Mercedes AMG Petronas Formula One Team. SPG officially launched the new global partnership at the start of Formula One’s 2012 European season and after three successful years together the two partners have now announced that their relationship will continue ahead of the United States Grand Prix. On last trading day Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) moved up 0.92% to close at $78.90. Its volatility for the week is 2.58% while volatility for the month is 2.95%. HOT's sales growth for past 5 years was 1.20% and its EPS growth for past 5 years was 16.80%. Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) monthly performance is -5.66%. NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc. (NASDAQ:NEWS), announced on 08 October 2014 that it has provided a $10 million revolving credit facility to Climax Manufacturing Co. (“Climax”). Located in Lowville, NY, Climax is a leading manufacturer of quality folding cartons used primarily in the specialty retail and supermarket sectors. NewStar Financial, Inc. (NASDAQ:NEWS) has 1.10% insider ownership while its institutional ownership stands at 86.80%. In last trading activity company's stock closed at $12.31. According to reports, Opower Inc (NYSE:OPWR) has announced the launch of Opower 5.5: Flex, which is the next generation customer engagement platform. OPWR is a market leader in the field of cloud-based software services. It mainly renders its services to the utility industry. On Thursday shares of OPOWER, Inc. (NYSE:OPWR) closed at $16.94. Company's EPS growth for next 5 years is recorded as 25.00%.

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