News Buzz: Level 3 Communications, Inc. (NYSE:LVLT), Allied Nevada Gold Corp. (NYSEMKT:ANV), Franklin Resources Inc. (NYSE:BEN), PBF, The Wet Seal, Inc. (NASDAQ:WTSL)

On Oct. 31, Level 3 Communications, Inc. (NYSE:LVLT) announced it completed its acquisition of tw telecom. The transaction further positions the company as a global leader in the rapidly evolving business communications market. Level 3 Communications, Inc. (NYSE:LVLT) belongs to Technology sector. Its net profit margin is 2.40% and weekly performance is 4.98%. On last trading day company shares ended up $47.25. Level 3 Communications, Inc. (NYSE:LVLT) distance from 50-day simple moving average (SMA50) is 7.62%. Allied Nevada Gold Corp. (NYSEMKT:ANV) reported a loss of $62.4 million in its third quarter. On a per-share basis, the Reno, Nevada-based company said it had a loss of 60 cents. Losses, adjusted for non-recurring costs, came to 13 cents per share. Allied Nevada Gold Corp. (NYSEMKT:ANV) shares fell -24.46% in last trading session and ended the day at $1.05. ANV Gross Margin is 16.90% and its return on assets is -0.50%. Allied Nevada Gold Corp. (NYSEMKT:ANV) quarterly performance is -67.69%. On Oct 27, Franklin Resources, Inc. (NYSE: BEN) announced preliminary net income1 of $640.6 million or $1.02 per diluted share for the quarter ended September 30, 2014, as compared to $578.9 million or $0.92 per diluted share for the previous quarter and $509.0 million or $0.80 per diluted share for the quarter ended September 30, 2013. Preliminary net income1 for the year ended September 30, 2014 was $2,384.3 million or $3.79 per diluted share, as compared to $2,150.2 million or $3.37 per diluted share for the previous year. On 04 November, Franklin Resources Inc. (NYSE:BEN) shares moved up 0.11% and was closed at $55.68. BEN EPS growth in last 5 year was 24.40%. Franklin Resources Inc. (NYSE:BEN) year to date (YTD) performance is -2.91%. PBF Energy Inc. (NYSE:PBF) and PBF Logistics LP announced that Michael Gayda, President of PBF Energy Inc. and PBF Logistics LP, has elected to retire, effective around year-end. Mr. Gayda will continue to be involved in day-to-day management until his retirement. Mr. Gayda will remain on the board of directors of the General Partner of PBF Logistics LP and will continue to serve in his capacity as a director after his retirement as President. PBF Energy Inc. (NYSE:PBF) ended the last trading day at $26.48. Company weekly volatility is calculated as 4.96% and price to cash ratio as 8.09. PBF Energy Inc. (NYSE:PBF) showed a weekly performance of 6.60%. Zacks reaffirmed their neutral rating on shares of The Wet Seal (NASDAQ:WTSL) in a research note issued to investors on Wednesday. The firm currently has a $0.50 price target on the stock. The Wet Seal, Inc. (NASDAQ:WTSL) shares moved up 9.03% in last trading session and ended the day at $0.38. WTSL Gross Margin is 20.80% and its return on assets is -54.20%. The Wet Seal, Inc. (NASDAQ:WTSL) quarterly performance is -54.57%.