On Wednesday, Following Stocks were among the “Top 50 Losers” of U.S. Stock Market: Genetic Technologies Limited (ADR) (NASDAQ:GENE), E-House (China) Holdings Limited (ADR) (NYSE:EJ), Delta Air Lines, Inc (NYSE:DAL), Altisource Portfolio Solutions S.A (NASDAQ:ASPS)
Genetic Technologies Limited (ADR) (NASDAQ:GENE), with shares declined -9.09%, closed at $3.90.
E-House (China) Holdings Limited (ADR) (NYSE:EJ), with shares dropped -8.73%, settled at $5.23, hitting new 52-week low of $5.22.
Delta Air Lines, Inc (NYSE:DAL), with shares dipped -1.80%, and closed at $45.81.
Altisource Portfolio Solutions S.A (NASDAQ:ASPS), plummeted -8.46%, and closed at $13.85, hitting new 52-week low of $13.60.
Latest NEWS regarding these Stocks are depicted underneath:
Genetic Technologies Limited (NASDAQ:GENE)
In the course of month of February, Genetic Technologies Limited (GENE), saw a large growth in short interest. As of February 27th, There was short interest totaling 1,420,200 shares, a growth of 40.0% from the February 13th total of 1,014,606 shares, AnalystRatings.Net reports. Based on an average daily volume of 8,315,261 shares, the days-to-cover ratio is presently 0.2 days.
The mean recommendation of analysts for this stock is 3.0, where 1=Buy & 5=Sell.
Genetic Technologies Limited provides genetic testing services primarily in Australia and the United States. It offers a range of genetic tests for breast and ovarian cancer, bowel and uterine cancer, and prostate cancer; neurogenetic diagnostic assays; and gene testing for Epilepsy SCN1A gene related disorders.
E-House (China) Holdings Limited (NYSE:EJ)
On Wednesday, E-House (China) Holdings Limited (EJ), a leading real estate services corporation in China, declared its unaudited financial results for the fiscal quarter and full year ended December 31, 2014.
Fourth Quarter 2014 Highlights:
- Total proceeds raised by 22% year-on-year to $312.3 million.
- Proceeds from real estate online services raised by 36% year-on-year to $171.8 million, counting $124.5 million in proceeds from e-commerce services, which grew by 61% year-on-year.
- Proceeds from real estate information and consulting services raised by 30% year-on-year to $31.7 million.
- Proceeds from primary real estate agency services raised by 6% year-on-year to $95.0 million.
- Non-GAAP revenue from operations was $39.7 million; not including spending of $11.7 million in new business units (community value-added services and real estate financial services) launched in 2014, non-GAAP revenue from operations was $51.5 million
- Non-GAAP net revenue attributable to E-House shareholders was $25.9 million, or $0.14 per diluted American depositary share.
Business outlook describes the corporation estimates that its fiscal 2015 total proceeds will be about $1.05 billion to $1.10 billion, which would represent an raise of about 16% to 22% from $904.5 million in 2014. This forecast reflects the Corporation’s current and preliminary view, which is subject to change.
E-House (China) Holdings Limited, through its auxiliaries, operates as a real estate services corporation primarily in the People’s Republic of China. It operates through Real Estate Online Services, Real Estate Brokerage Services, Real Estate Information and Consulting Services, and Other Services segments.
Delta Air Lines, Inc. (NYSE:DAL)
On March 10, UATP declared that SilverRail Technologies has joined the UATP Network which will allow Subscribers to easily purchase European and North American train tickets through SilverRail with their UATP card.
Rail is complex because there is no ‘industry standard’ with each rail corporation utilizing its own internal coding and ticketing process. SilverRail fixed this issue by creating a single global ticketing platform for buyers to use. Through the UATP – SilverRail integration, UATP Subscribers are able to purchase rail tickets in Belgium, Canada, Germany, Italy, the Netherlands, Spain, Sweden, the U.K. and the U.S with their UATP card.
UATP is a global payment solution owned and operated by the world’s airlines and accepted by thousands of merchants for air, rail, hotel and travel agency payments. Accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies and Amtrak®; UATP accounts are issued by: Aeromexico; Air Niugini; Air New Zealand (ANZFF.PK); American Airlines (AAL); Austrian Airlines; China Eastern Airlines (CEA); Delta Air Lines (DAL); EL AL Israel Airlines; Etihad Airways; GOL Linhas aereas inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4); Hahn Air; Japan Airlines (9201:JP); Luhfthansa German Airlines; Malaysia Airlines; Qantas Airways (QUBSF.PK); Shandong Airlines; United Airlines (UAL); and US Airways.
Delta Air Lines, Inc. provides planned air transportation for passengers and cargo worldwide. The corporation operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita.
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS)
Formerly on March 9, Altisource Portfolio Solutions S.A. (ASPS), a leading provider of mortgage, financial and technology services for the real estate industry, declared that three of its businesses–Equator®, Hubzu® and Mortgage Builder® were recognized on HousingWire’s annual HW TECH100™ list of the 100 most innovative technology businesses serving the U.S. mortgage finance and real estate industries.
“Technology and innovation are the foundational elements of how Altisource delivers value to our customers throughout the real estate ecosystem, and we’re honored to be recognized for accomplishments on these fronts by HousingWire,” said Barbara Goose, Global Chief Marketing Officer at Altisource. “The real estate industry is very dynamic, and having access to integrating technology and expert experience in the real estate, mortgage and financial industries is critical for meeting performance and compliance needs.”
The Altisource® businesses named to the list are: Equator, Hubzu, and Mortgage builder.
At the start of the month of March i.e., on March 2, Altisource Portfolio Solutions S.A. (ASPS), stated financial results for the fourth quarter and full year 2014.
Full Year 2014 Results Contrast to 2013:
- Service proceed of $938.7 million, a 42% raise
- Net revenue attributable to Altisource of $134.5 million, a 3% raise
- Diluted earnings per share of $5.69, a 10% raise
- Adjusted diluted earnings per share of $7.17, a 15% raise
- Cash from operations of $197.5 million, a 6% raise
Fourth Quarter 2014 Results Contrast to Fourth Quarter 2013:
- Service proceed of $217.8 million, a 13% raise
- Net loss attributable to Altisource of $1.5 million contrast to net revenue attributable to Altisource of $35.5 million in the fourth quarter 2013
- Diluted loss per share of $0.08 contrast to diluted earnings per share of $1.42 in the fourth quarter 2013
- Adjusted diluted earnings per share of $0.30, an 83% decrease
- Cash from operations of $71.8 million, a 41% raise.
Altisource Portfolio Solutions S.A. operates as a marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries in the United States. Altisource leverages proprietary business process, vendor and electronic payment administration software and behavioral science based analytics to improve outcomes for marketplace participants.
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.