On Tuesday, Following Stocks were among the “Top 50 Gainers” of U.S. Stock Market: Pampa Energia SA (NYSE:PAM), Millennial Media Inc. (NYSE:MM), Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), Noah Holdings Limited (NYSE:NOAH)
Pampa Energia SA (NYSE:PAM), with shares inclined 6.31%, closed at $18.71, hitting new 52-week high of $19.45.
Millennial Media Inc. (NYSE:MM), with shares jumped 5.92%, settled at $1.61.
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), with shares climbed 5.89%, and closed at $5.39.
Noah Holdings Limited (NYSE:NOAH), surged 5.78%, and closed at $22.71.
Latest NEWS regarding these Stocks are depicted underneath:
Pampa Energia SA (NYSE:PAM)
On March 11, Pampa Energia SA (PAM), the largest integrated electricity corporation in Argentina that, through its auxiliaries, take parts in the generation, transmission and distribution of electricity, declared the results for the fiscal year and quarter ended on December 31, 2014: All figures are stated in Argentine Pesos and have been prepared in accordance with International Financial Reporting Standards.
Highlights for the Fiscal Year 2014:
Merged sales proceeds of AR$6,204.6 million for the fiscal year ended on December 31, 2014, 16.3% higher than the AR$5,335.0 million for the fiscal year of 2013, primarily explained by raises of 31.4% (AR$544.1 million) in generation, 4.6% (AR$157.7 million) in distribution and 99.8% (AR$209.6 million) in holding and others segments.
Adjusted merged EBITDA of AR$(320.7) million for the fiscal year ended on December 31, 2014, contrast to AR$(505.9) million for the fiscal year of 2013, mainly due to raises of AR$747.9 million in generation, AR$208.3 million in transmission and AR$128.0 million in holding and others, partially offset by a decrease of AR$899.0 million in distribution.
Merged profit of AR$529.5 million during the fiscal year ended on December 31, 2014, of which a profit of AR$743.2 million are attributable to the owners of the Corporation, contrast to a AR$286.1 million profit attributable to the owners of the Corporation in the fiscal year of 2013, mainly explained by profits of AR$633.0 million in generation, AR$34,1 million in transmission and AR$963.9 million in holding and others, partially offset by a loss of AR$1,101.4 million in the distribution segment.
Pampa Energía S.A., together with its auxiliaries, generates, transmits, and distributes electricity in Argentina. The corporation operates hydroelectric and thermal generation facilities.
Millennial Media Inc. (NYSE:MM)
On March 9, Millennial Media Inc. (MM), the leading independent mobile advertising marketplace, stated financial results for the fourth quarter and full year ended December 31, 2014.
For the fourth quarter of 2014, proceed was $86.4 million contrast to $96.7 million in the fourth quarter of 2013, while For the full year 2014, proceed was $296.2 million contrast to $259.2 million for the full year 2013.
For the fourth quarter of 2014, gross margin was 38.3% contrast with gross margin of 38.7% for the fourth quarter of 2013, while For the full year 2014, gross margin was 39.3% contrast to gross margin of 40.3% for 2013.
For the fourth quarter of 2014, on a GAAP basis, net loss was $(11.6) million, contrast to net loss of $(3.7) million for the fourth quarter of 2013, while For the full year 2014, net loss, on a GAAP basis, was $(149.1) million, and comprises an impairment write-down on goodwill and intangible assets of $93.5 million, contrast to net loss of $(15.1) million for the full year 2013.
For the fourth quarter of 2014, Adjusted EBITDA, a non-GAAP financial measure, was a loss of $(1.8) million, contrast to Adjusted EBITDA of $7.6 million for the fourth quarter of 2013, while For the full year 2014, Adjusted EBITDA was a loss of $(19.4) million contrast to Adjusted EBITDA of $9.0 million for the full year 2013.
Millennial Media is the leading independent mobile marketplace, making mobile advertising simple for the world’s top brands, app developers, and mobile web publishers. Millennial Media’s unique data and technology assets enable its advertising clients to connect with their target audiences at scale. Millennial Media also drives monetization for its publisher and developer partners by connecting them to networks, advertisers, and a real-time-bidding, or RTB, exchange.
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR)
Petróleo Brasileiro S.A. - Petrobras (PBR), have received a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the corporation, StockRatingsNetwork reports.
A sell rating to the stock is issued by four analysts, while a hold rating is assigned by five, three have given a buy rating and one has issued a strong buy rating on the corporation. The average 1-year target price among analysts that have issued a report on the stock in the last year is $11.49.
Petróleo Brasileiro S.A. Petrobras operates as an integrated oil and gas corporation in Brazil and internationally. Its Exploration and Production segment is engaged in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; sale and transfer of crude oil in domestic and foreign markets; and sale of oil products produced at natural gas processing plants.
Noah Holdings Limited (NYSE:NOAH)
On Monday, Noah Holdings Limited (NOAH), declared the appointment of Kenny Lam to be Group President effective right away. He will oversee Noah’s operational and administration functions and key planned initiatives. He will report directly to Ms. Jingbo Wang, Chairman and Chief Executive Officer of Noah.
Mr. Lam brings 14 years of experience in planned, operational and administration transformations in the financial industry. He was a Global Senior Partner at McKinsey and a co-leader of its Asia Financial Service Practice, covering 13 markets across Asia. He was the fastest rising Partner in McKinsey Asia when elected as a Global Partner within six years from his entry to McKinsey. Under his leadership, McKinsey’s private, retail and digital banking practices have more than tripled their client activities. He has led transformational programs for leading financial institutions across Mainland China, India, Taiwan, Singapore, Hong Kong, Korea and Japan on a wide range of planned, financial and operational topics and is McKinsey’s expert on private banking and wealth administration. He has worked with governments and regulators on private banking strategy in the key offshore hubs of Asia. At McKinsey, he was also the Chairman of its people performance review committees, overseeing the review of Greater China’s more than 200 professionals.
Before McKinsey, he was with American law firm Shearman & Sterling in New York and Hong Kong, counseling multinational corporations in various M&A transactions and NYSE/Nasdaq public offerings.
Mr. Lam graduated with a MA (Honours) in Law from Oxford University and magna cum laude with a BS in Finance from the Wharton School of the University of Pennsylvania, where he was a Joseph Wharton Scholar and a Benjamin Franklin Scholar.
Noah Holdings Limited, through its auxiliaries, operates as a wealth administration service provider with focus on distributing wealth administration products in the People’s Republic of China.
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