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Stocks with Major News: Steven Madden, Ltd. (NASDAQ:SHOO), Staples, Inc. (NASDAQ:SPLS), Tesoro Corporation (NYSE:TSO)

Stocks with Major News: Steven Madden, Ltd. (NASDAQ:SHOO), Staples, Inc. (NASDAQ:SPLS), Tesoro Corporation (NYSE:TSO)
Written by
Ryan Mitchell
Published on
October 21, 2014
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Steven Madden, Ltd. (NASDAQ:SHOO) reduced its 2014 outlook as the footwear and accessories form projected unsatisfactory third- quarter results, mostly on weakness in its retail segment. Steven Madden, Ltd. (NASDAQ:SHOO) has the market capitalization of 1.884 Billion. Shares of firm moved down -9.61% to close at $28.87 with the total traded volume of 2.78 Million. The firm has current ratio of 2.90 for the most recent quarter.Staples, Inc. (NASDAQ:SPLS) dropped over around 2% in premarket trading session as the firm is investigating a "potential issue" concerning credit-card fraud, according to news reports quoted security blogger Brian Krebbs as saying. The retailer's senior spokesman reported the firm was looking into a "potential issue involving credit-card data and has contacted law enforcement. Staples, Inc. (NASDAQ:SPLS) begun last trade with a price of $11.99 and throughout the trading session climbed at a high of $12.37. The day-trade ended with 3.19% to $12.30. The stock is going forward to its 52 week low with 16.02% and lagging behind from its 52 week high price with -23.32%. SPLS last month stock price volatility remained 2.70%.Tesoro Corporation (NYSE:TSO) inched up in afterhours trading session on Monday after frimd declared that its affiliate Tesoro Logistics (TLLP) had decided to purchase QEP Field Services for $2.5B. From the PR earlier, in conjunction with the transaction, Tesorohas committed to investing $350M in TLLP common units as well as maintaining its 2% general partner interest. The investment is expected togenerate significant value through Tesoro's ownership interests in TLLP." Tesoro Corporation (NYSE:TSO) stock price closed at $65.43 with the total traded volume of 6.34 Million shares. Its price to sales ratio ended at 0.20. Its market capitalization is 8.460 Billion. The stock owned by the Financial Institutions was 92.30% while by insiders was 0.40%.

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