Following U.S. Stocks were among the “Top Losers” during Friday’s trade: Key Energy Services, Inc (NYSE:KEG), PPL Corporation (NYSE:PPL), Omega Healthcare Investors Inc (NYSE:OHI), MiMedx Group Inc (NASDAQ:MDXG)
Their insights are depicted underneath:
Key Energy Services, Inc (NYSE:KEG) dipped -5.05%, and closed at $1.88.
Key Energy Services Inc. (KEG), presented at the 36th Annual Raymond James Institutional Investors Conference, Monday, March 2, 2015 in Orlando, FL.
Key Energy Services is the largest onshore, rig-based well servicing contractor based on the number of rigs owned. Key provides a complete range of well intervention services and has operations in all major onshore oil and gas producing regions of the continental United States and internationally in Mexico, Colombia, Ecuador, the Middle East and Russia.
MiMedx Group Inc (NASDAQ:MDXG) dropped -5.03%, and closed at $9.81.
According to PRNewswire, MiMedx Group, Inc. (MDXG), the leading regenerative medicine corporation utilizing human amniotic tissue and patent-protected processes to develop and market advanced products and therapies for the Wound Care, Surgical, Orthopedic, Spinal, Sports Medicine, Ophthalmic and Dental sectors of healthcare, declared its record results for the fourth quarter and full year ended December 31, 2014.
Full Year and Fourth Quarter 2014 Highlights:
- Full Year 2014 proceed of $118.2 million doubles 2013 proceed and exceeds upper end of guidance
- Q4 proceed of $39.6 million raises 120% over Q4 2013
- Q4 proceed exceeds $38.3 million upper end of guidance by $1.3 million
- Q4 is 13th successive quarter of meeting or surpassing proceed guidance
- 2014 is 3rd successive fiscal year of meeting or surpassing guidance
- Full year 2014 Wound Care sales more than doubles full year 2013
- Q4 Wound Care sales grows 24% sequentially over Q3 2014
- 2014 Commercial Accounts and Government Accounts proceed grows 208% and 18%, respectively
- First annual operating revenue of 6% of proceed recorded for full year 2014
- Q4 is 12th successive quarter of positive Adjusted EBITDA*
- Full Year Adjusted EBITDA* is 17.5% of proceed and a 278% improvement over full year 2013
- Q4 Adjusted EBITDA* is 22% of proceed and a 542% improvement over Q4 2013
- 2014 Cash Flow from Operating Activities grows to $16.8 million.
MiMedx® is an integrated developer, processor and marketer of patent protected regenerative biomaterial products and bioimplants processed from human amniotic membrane. “Innovations in Regenerative Biomaterials” is the framework behind our mission to give physicians products and tissues to assist the body heal itself.
PPL Corporation (NYSE:PPL) dwindled -3.93%, and closed at $31.74.
In response to utilities sector slump, PPL Corporation (PPL), shares dropped Friday. According to The Street, The Allentown, PA-based energy and utility Holding Corporation is now down more than 7% in the past week and more than 12% year-to-date.
The stock was the biggest loser among the utilities recently, the worst performing sector on the S&P 500 benchmark index. A stronger February jobs report led to speculation that the Fed could raise interest rates as soon as June.
On the other hand, PRNewswire’s publication on February 27, declared a quarterly ordinary stock dividend on Friday (2/27) of $0.3725 per share, payable April 1, 2015, to shareowners of record as of March 10, 2015.
PPL Corporation, with 2014 proceeds of $11.5 billion, is one of the largest companies in the U.S. utility sector. The PPL family of companies delivers electricity and natural gas to about 10 million customers in the United States and United Kingdom. In June 2014, PPL declared an contract to combine its competitive generation business with the competitive generation business of Riverstone Holdings LLC to form Talen Energy Corporation, an independent power producer.
PPL Corporation, an energy and utility holding corporation, generates, transmits, distributes, and sells electricity to wholesale and retail customers in the United States and the United Kingdom.
Omega Healthcare Investors Inc (NYSE:OHI) dipped - 4.97%, and closed at $38.02.
According to BUSINESS WIRE, Omega Healthcare Investors Inc. (OHI), declared that its Board of Directors has confirmed a prorated dividend of $0.36 per share of Omega’s ordinary stock in view of the pending attainment of Aviv REIT, Inc. (AVIV), following a merger of Aviv with and into a wholly owned partner of Omega.
The dividend will be payable in cash on April 7, 2015 to stockholders of record as of the close of business on March 31, 2015. The per share dividend amount payable by Omega is intended to represent dividends for February and March 2015, at a quarterly dividend rate of $0.54 per share of ordinary stock, representing an raise of $0.01 per share over the quarterly dividend rate for the right away preceding quarter. Omega anticipates to declare a dividend for the remaining portion of its customary quarterly dividend period (April) early in the second quarter.
The Merger is predictable to occur early in the second quarter of 2015, subject to the approval of stockholders of Omega and Aviv and the satisfaction of customary closing conditions. Both companies have planned a special meeting of stockholders to consider and vote upon the projected attainment and related matters on March 27, 2015. There can be no assurance that the Merger will be accomplished when predictable or at all.
Omega is a real estate investment trust investing in and providing financing to the long-term care industry. As of December 31, 2014, Omega’s portfolio of investments comprised of 560 operating healthcare facilities located in 37 states and operated by 50 third-party healthcare operating companies.
