Alcoa Inc (NYSE:AA) announced yesterday morning that it will be selling its stake in the Jamalco bauxite mining and alumina refining joint venture to Noble for a total proceeds of $140 million. That being said, Alcoa World Alumina and Chemicals will remain the managing operator of the company for three years, meaning that all employees will remained employed by Jamalco. In other words, not only was Alcoa able to make a business decision for its own good, but it did so without taking jobs away from Jamaican workers. Alcoa Inc. (NYSE:AA) in last trading activity moved up 1.47% to close at $14.50. Company weekly performance is -9.77% while its quarterly performance stands at -11.21%. Alcoa Inc. (NYSE:AA) is -16.47% away from its 52 week high.
ACADIA Pharmaceuticals (NASDAQ:ACAD) CEO Uli Hacksell sold 30,000 shares of ACADIA Pharmaceuticals stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $24.15, for a total transaction of $724,500.00. On last trading day ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) moved up 9.75% to close at $25.11. Its volatility for the week is 8.40% while volatility for the month is 5.21%. ACAD’s sales growth for past 5 years was -7.20% and its EPS growth for past 5 years was 24.00%. ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) monthly performance is -7.14%.
PVH Corp (NYSE:PVH) has been given a “BB” credit rating by analysts at Morningstar. The firm’s “BB” rating suggests that the company is an above-average default risk. They also gave their stock a three star rating. On last trading day PVH Corp. (NYSE:PVH) moved up 0.29% to close at $112.82. Its volatility for the week is 3.05% while volatility for the month is 2.02%. PVH’s sales growth for past 5 years was 26.90% and its EPS growth for past 5 years was -0.20%. PVH Corp. (NYSE:PVH) monthly performance is -10.76%.
Top U.S. automaker General Motors Company (NYSE:GM) has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to wirelessly connected cars. General Motors Company (NYSE:GM) has 0.10% insider ownership while its institutional ownership stands at 70.20%. In last trading activity company’s stock closed at $29.69.
AudioCodes (NASDAQ:AUDC) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.05 by $0.01. The company had revenue of $37.60 million for the quarter, compared to the consensus estimate of $37.00 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The company’s quarterly revenue was up 11.6% on a year-over-year basis. On average, analysts predict that AudioCodes will post $0.18 earnings per share for the current fiscal year. On Wednesday shares of AudioCodes Ltd. (NASDAQ:AUDC) closed at $4.36. Company’s sales growth for last 5 years was -4.70% and EPS growth for next 5 years is recorded as 25.00%.