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Top Wall Street Stories: Halliburton Company (NYSE:HAL), Shire PLC (ADR) (NASDAQ:SHPG), Mercer International Inc. (NASDAQ:MERC), JPMorgan Chase & Co. (NYSE:JPM)

Top Wall Street Stories: Halliburton Company (NYSE:HAL), Shire PLC (ADR) (NASDAQ:SHPG), Mercer International Inc. (NASDAQ:MERC), JPMorgan Chase & Co. (NYSE:JPM)
Written by
Charles Donlon
Published on
October 15, 2014
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Halliburton Company (NYSE:HAL) last posted its quarterly earnings results on Monday, July 21st. The company reported $0.91 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.91. The company had revenue of $8.10 billion for the quarter, compared to the consensus estimate of $7.88 billion. During the same quarter in the previous year, the company posted $0.73 earnings per share. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, analysts predict that Halliburton Company will post $4.00 earnings per share for the current fiscal year. Halliburton Company (NYSE:HAL) in last trading activity decreased -1.25% to close at $49.63. Company weekly performance is -18.92% while its quarterly performance stands at -30.78%. Halliburton Company (NYSE:HAL) is -33.09% away from its 52 week high.“Sentiment is extremely weak at the moment,” Guy Foster, head of research at Brewin Dolphin Securities Ltd., said by phone from London. His firm manages about $46 billion. “The negative sentiment seems to be driving an overreaction in stock-specific news, as with Shire PLC (ADR) (NASDAQ:SHPG). On last trading day Shire PLC (ADR) (NASDAQ:SHPG) decreased -0.57% to close at $244.57. Its volatility for the week is 2.32% while volatility for the month is 1.84%. SHPG's sales growth for past 5 years was 10.30% and its EPS growth for past 5 years was 50.60%. Shire PLC (ADR) (NASDAQ:SHPG) monthly performance is -4.71%.Mercer International Inc. (NASDAQ:MERC) it has agreed to acquire all of the shareholder loans (aggregating approximately $48 million) and substantially all of the shares of the minority shareholder in its Stendal mill and other rights for Euro 13 million ($17 million), of which Euro 3 million ($4 million) will be paid in cash and Euro 10 million ($13 million) will be payable by way of a one-year payment-in-kind note, as the company said in the press release received by Lesprom Network. On last trading day Mercer International Inc. (NASDAQ:MERC) increased 2.24% to close at $10.05. Its volatility for the week is 2.87% while volatility for the month is 3.29%. MERC's sales growth for past 5 years was 8.60% and its EPS growth for past 5 years was 25.10%. Mercer International Inc. (NASDAQ:MERC) monthly performance is 1.93%.JPMorgan Chase & Co. (NYSE:JPM) Chairman and CEO, Jamie Dimon, said that its Mortgage Banking division continues to reposition the business in the third quarter. The segment was also managing the cyclical lows witnessed in the recent past. He said that the Consumer & Community Banking deposit uptick led the nation even as the FDIC recognized Chase as the number one in deposit growth for the third straight year. JPMorgan Chase & Co. (NYSE:JPM) has 0.10% insider ownership while its institutional ownership stands at 75.00%. In last trading activity company's stock closed at $57.99.Prospect Capital Corporation (NASDAQ:PSEC) recently hosted a complimentary webinar on “Uncovering Value in the BDC Industry in the Current Economic & Interest Rate Environment.” While the session, which was presented by Grier Eliasek and approved by the IMCA for 1.00 CIMA/CPWA credit, is certainly an informative tool for investors, it’s important to note that companies like Prospect often engage in these activities simply to boost their public relations. By providing this information, Prospect its building a trusting relationship with its potential customer base. Regardless, the webinar was made available at no charge to the viewer.On Tuesday shares of Prospect Capital Corporation (NASDAQ:PSEC) closed at $9.35. Company's sales growth for last 5 years was 47.90% and EPS growth for next 5 years is recorded as 5.00%.

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