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Morning Buzz: American Airlines Group Inc. (NASDAQ:AAL), Towerstream Corporation (NASDAQ:TWER), Gentex Corp. (NASDAQ:GNTX), Marchex, Inc. (NASDAQ:MCHX), Red Robin Gourmet Burgers (NASDAQ:RRGB)

Morning Buzz: American Airlines Group Inc. (NASDAQ:AAL), Towerstream Corporation (NASDAQ:TWER), Gentex Corp. (NASDAQ:GNTX), Marchex, Inc. (NASDAQ:MCHX), Red Robin Gourmet Burgers (NASDAQ:RRGB)
Written by
Charles Donlon
Published on
October 20, 2014
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American Airlines Group Inc. (NASDAQ:AAL) today appointed two new officers to its leadership team. 1. Loral Blinde, Vice President – People and Employee Services Loral Blinde joins American Airlines as Vice President – People and Employee Services from the Seabury Group. 2. Bruce Wark, Vice President and Deputy General CounselBruce Wark has been promoted to Vice President and Deputy General Counsel and will oversee all intellectual property, commercial litigation and antitrust matters for the airline. American Airlines Group Inc. (NASDAQ:AAL) in last trading activity advanced 1.24% to close at $33.38. Company weekly performance is 8.45% while its quarterly performance stands at -21.42%. American Airlines Group Inc. (NASDAQ:AAL) is -25.62% away from its 52 week high.Towerstream Corporation (NASDAQ:TWER), a leading 4G and Small Cell Rooftop Tower company, announced the closing of a $35 million debt capital transaction with affiliates of Melody Capital Partners, LP ("Melody") a New York City based private investment firm and one of the largest independent owners of wireless cellular sites in the United States. On last trading day Towerstream Corporation (NASDAQ:TWER) advanced 8.04% to close at $1.21. Its volatility for the week is 10.14% while volatility for the month is 7.71%. TWER's sales growth for past 5 years was 25.60% and its EPS growth for past 5 years was 0.50%. Towerstream Corporation (NASDAQ:TWER) monthly performance is -29.65%.Gentex Corp. (NASDAQ:GNTX)’s SVP Bruce A. Los sold 9,382 shares of the stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $26.92, for a total value of $252,563.44. On last trading day Gentex Corp. (NASDAQ:GNTX) advanced 1.50% to close at $27.69. Its volatility for the week is 3.17% while volatility for the month is 2.57%. GNTX's sales growth for past 5 years was 13.40% and its EPS growth for past 5 years was 28.60%. Gentex Corp. (NASDAQ:GNTX) monthly performance is -4.68%.On September 19, 2014, Marchex Inc. (NASDAQ:MCHX) received notice of termination from Allstate Insurance Company (NYSE:ALL), an Illinois insurance company (“Allstate”) regarding that certain Amended Statement of Work (2014 Call Advertising Services Project) entered into on May 1, 2014 (the “Amendment”) which amends the Original Statement of Work (2014 Call Advertising Services Project) effective January 1, 2014, by and between Marchex Sales, LLC (f/k/a Marchex Sales, Inc., f/k/a MDNH, Inc.) and Allstate (the “Agreement”) in light of the circumstances described in the first sentence of the third paragraph of Marchex’s press release dated September 18, 2014 (the “Press Release”) furnished on Marchex’s Current Report on Form 8-K of the same date, which sentence (but no other part of the Press Release) is expressly incorporated by reference herein. Information regarding the Agreement was previously reported in Marchex’s Current Report on Form 8-K which was originally filed with the Securities and Exchange Commission (the “SEC”) on March 14, 2014. Marchex, Inc. (NASDAQ:MCHX) has 11.10% insider ownership while its institutional ownership stands at 65.40%. In last trading activity company's stock closed at $3.88.Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB) opened two of its smaller, fast-service Red Robin Burger Works locations in Chicago this summer. On Friday shares of Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB) closed at $50.91. Company's sales growth for last 5 years was 3.20% and EPS growth for next 5 years is recorded as 12.10%.

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