Search
Monday 29 June 2015
  • :
  • :

Pre-Market Stocks Roundup: Nordic American Tanker (NYSE:NAT), Edison International (NYSE:EIX), Kimco Realty (NYSE:KIM), Akebia Therapeutics (NASDAQ:AKBA)

On Monday, Nordic American Tanker Ltd (NYSE:NAT)’s shares inclined 2.45% to $14.61.

Nordic American Tankers Limited (NAT) is a tanker company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on NAT’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Nordic American Tankers could be a solid choice for investors.

Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. As of December 31, 2014, it owned 24 Suezmax crude oil tankers, counting two new buildings under construction. The company was founded in 1995 and is based in Hamilton, Bermuda.

Edison International (NYSE:EIX)’s shares dropped -0.39% to $58.38.

Edison International (EIX) declared a quarterly common stock dividend of $0.4175 per share, payable on July 31, 2015, to shareholders of record on June 30, 2015.

Additionally, the Board of Directors of Southern California Edison Company recently declared the following dividends:

  • A quarterly dividend of $1.0325 per share on the Series A preference stock, payable on July 31, 2015, to shareholders of record on July 2, 2015.
  • A semi-annual dividend of $31.25 per share on the Series E preference stock, payable on August 1, 2015, to shareholders of record on July 2, 2015.

Edison International, through its auxiliaries, generates and supplies electricity. The company generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It supplies electricity primarily to commercial, residential, agricultural and other, industrial, and public authorities through transmission and distribution networks.

At the end of Mondays trade, Kimco Realty Corp (NYSE:KIM)‘s shares dipped -1.07% to $23.50.

Kimco Realty Corp (KIM) will declare its second quarter earnings on Tuesday, July 28, 2015 after market close. You are invited to listen to our quarterly earnings conference call, which will be broadcast live over the Internet on Wednesday, July 29, 2015 at 10:00 AM EDT.

Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in acquisitions, development, and management of neighborhood and community shopping centers. The firm also provides property management services relating to the management, leasing, operation, and maintenance of real estate properties. Kimco Realty Corporation was formed in 1966 and is based in New Hyde Park, New York with additional office all across North America.

Akebia Therapeutics Inc (NASDAQ:AKBA), ended its Monday’s trading session with 19.90% gain, and closed at $9.58.

Akebia Therapeutics Inc (AKBA) declared that John P. Butler, President and Chief Executive Officer, will present at the 2015 JMP Securities Life Sciences Conference on Tuesday, June 23 at 3:00 p.m. Eastern Time. The conference will take place at The St. Regis New York in New York City.

Akebia Therapeutics, Inc., a biopharmaceutical company, focuses on the development and commercialization of proprietary therapeutics based on hypoxia inducible factor (HIF) biology for patients with kidney disease. Its lead product candidate is AKB-6548, an oral therapy which has accomplished a Phase 2b study for the treatment of anemia related to chronic kidney disease in non-dialysis patients, in addition to tested in a Phase 2 study for the treatment of anemia in patients undergoing dialysis. The company was founded in 2007 and is headquartered in Cambridge, Massachusetts.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

 




Leave a Reply

Your email address will not be published. Required fields are marked *