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Why Making Dramatic Moves: SandRidge Energy, Inc. (NYSE:SD), Newfield Exploration Co. (NYSE:NFX), Taubman Centers, Inc. (NYSE:TCO), Sotheby's (NYSE:BID)

Why Making Dramatic Moves: SandRidge Energy, Inc. (NYSE:SD), Newfield Exploration Co. (NYSE:NFX), Taubman Centers, Inc. (NYSE:TCO), Sotheby's (NYSE:BID)
Written by
Charles Donlon
Published on
October 17, 2014
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SandRidge Energy Inc. (NYSE:SD) announced that its Board of Directors has declared a $3.50 per share semi-annual dividend on its shares of 7.0% Convertible Perpetual Preferred Stock that will be paid in cash on November 15, 2014 to holders of record on November 1, 2014. The company has 3,000,000 shares of 7.0% Convertible Perpetual Preferred Stock outstanding. SandRidge Energy, Inc. (NYSE:SD) in last trading activity moved up 0.66% to close at $4.57. Company weekly performance is 20.58% while its quarterly performance stands at -29.80%. SandRidge Energy, Inc. (NYSE:SD) is -38.49% away from its 52 week high.Newfield Exploration Company (NYSE:NFX) will host its third quarter 2014 earnings conference call at 10:00 a.m. (CDT), Wednesday, October 29, 2014. The Company plans to release its third quarter earnings after market close on October 28, 2014. To participate in the conference call, please dial (913) 312-1403. On last trading day Newfield Exploration Co. (NYSE:NFX) moved up 5.42% to close at $27.41. Its volatility for the week is 8.58% while volatility for the month is 4.94%. NFX's sales growth for past 5 years was -4.30% and its EPS growth for past 5 years was 17.30%. Newfield Exploration Co. (NYSE:NFX) monthly performance is -30.45%.After roughly seven years, Dallas-based AT&T Inc. (NYSE:T) no longer will be the naming rights sponsor for the Cotton Bowl game, but will keep a sponsorship stake. AT&T, Inc. (NYSE:T) in last trading activity decreased -0.68% to close at $33.64. Company weekly performance is -2.94% while its quarterly performance stands at -5.77%. AT&T, Inc. (NYSE:T) is -9.05% away from its 52 week high.Taubman Centers (NYSE:TCO) last released its earnings data on Wednesday, July 30th. The company reported $0.86 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.81 by $0.05. The company had revenue of $170.00 million for the quarter, compared to the consensus estimate of $168.14 million. During the same quarter last year, the company posted $0.75 earnings per share. Taubman Centers’s revenue was down 4.6% compared to the same quarter last year. On average, analysts predict that Taubman Centers will post $3.58 earnings per share for the current fiscal year. Taubman Centers, Inc. (NYSE:TCO) has 0.50% insider ownership while its institutional ownership stands at 96.80%. In last trading activity company's stock closed at $74.17.Craig Hallum upgraded shares of Sothebys (NYSE:BID) from a hold rating to a buy rating in a report issued on Tuesday, 07 October 2014. On Thursday shares of Sotheby's (NYSE:BID) closed at $36.62. Company's sales growth for last 5 years was 4.30% and EPS growth for next 5 years is recorded as 20.00%.

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