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Top Wall Street Stories: Arch Coal Inc. (NYSE:ACI), Activision Blizzard, Inc. (NASDAQ:ATVI), Marvell Technology Group (NASDAQ:MRVL), Microsoft (NASDAQ:MSFT), Summit Midstream Partners (NYSE:SMLP)

Top Wall Street Stories: Arch Coal Inc. (NYSE:ACI), Activision Blizzard, Inc. (NASDAQ:ATVI), Marvell Technology Group (NASDAQ:MRVL), Microsoft (NASDAQ:MSFT), Summit Midstream Partners (NYSE:SMLP)
Written by
Charles Donlon
Published on
November 11, 2014
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On November 6, Arch Coal Inc. (NYSE:ACI) last week reported a net loss of $97 million in the third quarter compared with a net loss of $128 million in the third quarter of last year. The net loss in the first three quarters of the year was $381.2 million, compared with $270.6 million a year ago. Arch Coal Inc. (NYSE:ACI) belongs to Basic Materials sector. Its net profit margin is -23.70% and weekly performance is 15.14%. On last trading day company shares ended up $2.51. Arch Coal Inc. (NYSE:ACI) distance from 50-day simple moving average (SMA50) is 10.13%. Activision Blizzard, Inc. (NASDAQ:ATVI)’s Blizzard unit recently unveiled a new franchise after 17 long years. This new Intellectual Property (IP) known as Overwatch is a multi-player shooter game. The beta version of the game is scheduled for release in early 2015. Activision Blizzard, Inc. (NASDAQ:ATVI) shares advanced 1.31% in last trading session and ended the day at $20.92. ATVI Gross Margin is 64.40% and its return on assets is 6.70%. Activision Blizzard, Inc. (NASDAQ:ATVI) quarterly performance is -8.29%. Marvell Technology Group Ltd (NASDAQ:MRVL), a global leader in integrated silicon solutions, today announced it will conduct a conference call following the release of its third fiscal quarter of 2015 financial results on Thursday, November 20, 2014, at 1:45 p.m. Pacific Time. On 10 November, Marvell Technology Group Ltd. (NASDAQ:MRVL) shares advanced 1.42% and was closed at $13.57. MRVL EPS growth in last 5 year was 22.30%. Marvell Technology Group Ltd. (NASDAQ:MRVL) year to date (YTD) performance is -4.50%. Microsoft Corporation (NASDAQ:MSFT) said it would roll out its Lumia 535 smartphone this month with an affordable price tag in its key markets, dropping the Nokia name just months after buying the Finnish company's handset business. Microsoft Corporation (NASDAQ:MSFT) belongs to Technology sector. Its net profit margin is 23.40% and weekly performance is 3.06%. On last trading day company shares ended up $48.89. Microsoft Corporation (NASDAQ:MSFT) distance from 50-day simple moving average (SMA50) is 6.29%. Wells Fargo & Co. assumed coverage on shares of Summit Midstream Partners LP (NYSE:SMLP) in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm issued an outperform rating on the stock. Summit Midstream Partners, LP (NYSE:SMLP) shares advanced 2.15% in last trading session and ended the day at $46.19. SMLP Gross Margin is 59.20% and its return on assets is 1.60%. Summit Midstream Partners, LP (NYSE:SMLP) quarterly performance is -4.31%.

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