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Shining on Major News: Arch Coal Inc. (NYSE:ACI), KeyCorp. (NYSE:KEY), Valeant Pharmaceuticals Intl Inc (NYSE:VRX), Cisco Systems (NASDAQ:CSCO), Tesla Motors (NASDAQ:TSLA)

Shining on Major News: Arch Coal Inc. (NYSE:ACI), KeyCorp. (NYSE:KEY), Valeant Pharmaceuticals Intl Inc (NYSE:VRX), Cisco Systems (NASDAQ:CSCO), Tesla Motors (NASDAQ:TSLA)
Written by
Charles Donlon
Published on
October 15, 2014
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Arch Coal (NYSE:ACI) has taken the unusual step of providing preliminary Q3 results ahead of the release of its Q3 earnings report on 28th October. Arch Coal Inc. (NYSE:ACI) in last trading activity moved up 7.69% to close at $1.68. Company weekly performance is 3.70% while its quarterly performance stands at -48.31%. Arch Coal Inc. (NYSE:ACI) is -68.72% away from its 52 week high.KeyCorp. (NYSE:KEY) reported that its third-quarter net income attributable to common shareholders declined to $204 million or $0.23 per share, from $266 million or $0.29 in the comparable quarter last year. Quarterly net income from continuing operations attributable to common shareholders was $197 million, or $0.23 per common share, compared to $229 million, or $0.25 per common share, in the prior year period. On last trading day KeyCorp. (NYSE:KEY) moved up 0.94% to close at $12.89. Its volatility for the week is 2.19% while volatility for the month is 1.84%. KEY's sales growth for past 5 years was -9.70% and its EPS growth for past 5 years was 18.30%. KeyCorp. (NYSE:KEY) monthly performance is -6.66%.US drug maker AbbVie, Inc announced Tuesday that it intends to reconsider its recommendation made to its shareholders to adopt the merger agreement to acquire Irish drug company Shire PLC amid the proposed changes in tax rules in the US A notice to this effect has been sent to Shire on AbbVie's intention to withdraw or modify its recommendation. Companies like drug maker Valeant Pharmaceuticals International, Inc, Actavis PLC, and Endo International PLC have already closed such deals since 2010. On last trading day Valeant Pharmaceuticals Intl Inc (NYSE:VRX) moved up 1.22% to close at $114.94. Its volatility for the week is 3.08% while volatility for the month is 3.07%. VRX's sales growth for past 5 years was 50.10% and its EPS growth for past 5 years was -33.00%. Valeant Pharmaceuticals Intl Inc (NYSE:VRX) monthly performance is -5.34%.Cisco Systems tackled head on the notion that some aspects of the much-hyped “Internet of Things” was indeed over-hyped, hosting a panel session at this week’s Internet of Things World Forum asking if the “smart grid bubble” was more hype or hope. Cisco Systems, Inc. (NASDAQ:CSCO) in last trading activity advanced 0.55% to close at $23.06. Company weekly performance is -6.43% while its quarterly performance stands at -10.57%. Cisco Systems, Inc. (NASDAQ:CSCO) is -10.91% away from its 52 week high.Tesla Motors Inc recently made big news when it chose Nevada as the site of its $5 billion Gigafactory. The factory is expected to build 35 GWh per year of lithium-ion battery packs, more than all the world's capacity in 2013, enough for 500,000 electric cars, by 2020. Tesla Motors Inc (NASDAQ:TSLA) in last trading activity increased 1.10% to close at $227.06. Company weekly performance is -12.52% while its quarterly performance stands at 4.56%. Tesla Motors Inc (NASDAQ:TSLA) is -22.08% away from its 52 week high.

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