On Wednesday, Shares of Stone Energy Corporation (NYSE:SGY), lost -3.05% to $3.82.
On Monday, December 28, 2015, Nasdaq Composite ended at 5,040.99, down 0.15%, Dow Jones Industrial Average declined 0.14%, to finish the day at 17,528.27, and the S&P 500 closed at 2,056.50, down 0.22%.
Stone Energy Corp.’s stock edged lower by 8.87% to close Monday’s session at USD 3.80. The company’s shares oscillated between USD 3.73 and USD 4.00. The stock recorded a trading volume of 1.84 million shares, which was below its 50-day daily average volume of 3.09 million shares and its 52-week average volume of 1.97 million shares. Over the last three days Stone Energy Corp.’s shares have advanced 11.11% and in the past one week the stock has moved up 1.06%. However, over the last three months the stock has lost 22.92% and in the past six months the shares have shed 70.20%. On a compounded total return basis, the company has returned 18.01% in the past one week. The stock is trading at a price to book ratio of 0.72, which compares to a historical PB ratio near to 0.84. Additionally, the stock is trading at a price to cash flow ratio of 0.84 and price to sales ratio of 0.36.
Stone Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico and the Appalachia region.
Shares of International Business Machines Corp. (NYSE:IBM), declined -0.28% to $139.32, during its last trading session.
WANdisco (WAND.L) a leading provider of continuous availability software for global enterprises to meet the challenges of Big Data, declared two of the largest deals ever for its flagship Fusion product for Hadoop, with a combined value of well over one million dollars. These two new contracts comprise an initial sale to a well-known US financial services firm, and a major expansion deal with an existing customer that is also one of Europe’s largest mobile carriers. Both customers use Fusion to meet stringent SLAs (service level agreements) for their production business applications deployed on Hadoop.
The financial services customer, one of the largest life insurers in the US, faces stringent regulatory and business requirements for guaranteed data consistency and availability across multiple data centers. Without a large IT staff dedicated to Hadoop support, they also required a solution that was easy to administer with automated disaster recovery to eliminate downtime and data loss. After extensive evaluation, they selected WANdisco Fusion over the backup and recovery solutions offered by the leading Hadoop distribution vendors, in addition to those from several major hardware vendors that not only couldn’t match its capabilities, but also came with much greater cost and complexity.
The telecommunications customer, one of Europe’s leading mobile carriers, initially selected WANdisco’s big data technology for continuous availability in 2013 after moving to Hadoop to streamline their service activation system, formerly spread across multiple applications and databases. Recently, they expanded the system to new data centers and migrated to a new Hadoop distribution, leveraging Fusion to avoid the downtime and business disruption these activities normally entail. After migration, they found WANdisco Fusion’s platform independent architecture and ability to scale enabled it to work seamlessly in their new environment.
Both companies appreciate WANdisco Fusion’s flexible, easy-to-deploy architecture that eliminates Hadoop downtime and data loss, and enables them to avoid Hadoop vendor lock-in. WANdisco Fusion can be implemented across mixed storage environments, counting Oracle BDA, IBM Big Insights (IBM), Cloudera, Hortonworks (HDP), EMC (EMC) and MapR. WANdisco declared Fusion support for replication to the most widely used cloud storage platforms for migration to cloud, hybrid burst to cloud and streaming backup without downtime or disruption. With all platforms, the functionality is the same.
International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support.
Finally, MGIC Investment Corp. (NYSE:MTG), ended its last trade with -1.22% loss, and closed at $8.91.
On Monday, December 28, 2015, Nasdaq Composite ended at 5,040.99, down 0.15%, Dow Jones Industrial Average declined 0.14% to finish the day at 17,528.27, and the S&P 500 closed at 2,056.50, down 0.22%.
MGIC Investment Corp.’s stock reduced by 1.21% to close Monday’s session at USD 8.97. The company’s shares fluctuated in the range of USD 8.92 and USD 9.07. A total of 1.86 million shares exchanged hands, which was lesser than its 50-day daily average volume of 4.73 million shares and its 52-week average volume of 5.07 million shares. Over the last three days MGIC Investment Corp.’s shares have declined by 0.88%, while in the past one week the stock has moved up 1.70%. Furthermore, over the last three months the stock has lost 2.39% and in the past six months the shares have shed 20.41%. Further, the company shares are trading at a price to earnings ratio of 3.49 and a price to book ratio of 1.43. This compares to a historical PE ratio of 14.59 and a historical PB ratio of 3.04. Additionally, the stock is trading at a price to cash flow ratio of 46.23 and price to sales ratio of 3.01.
MGIC Investment Corporation, through its auxiliaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, in addition to covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure; and pool insurance coverage, which covers the excess of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage.
