Wall Street stocks and U.S. Treasuries have scored strong gains in large part due to the Fed’s ultra-loose economic policy to battle the recent slump and global credit crisis.
In February, The U.S. Labor Department said employers added 295,000 workers, beating a forecast of 240,000. It was the longest run of 200,000-plus raises since 1994. The unemployment rate dipped to 5.5 percent from 5.7 percent in January.
Insights about U.S. Stocks that landed in the Active-Zone during Friday’s trade, are depicted underneath:
American Realty Capital Properties Inc (NASDAQ:ARCP)’s shares dipped -3.91%, and traded at $9.59. The Stock is active as 12.37M shares changed hands versus its average volume of 11.65M shares.
American Realty Capital Properties, Inc. (ARCP), formerly declared the completion of its restatement and filing of amendments to its 2013 Annual Report on Form 10-K and first and second quarter 2014 Quarterly Reports on Form 10-Q, as well the filing of its Quarterly Report on Form 10-Q for the third quarter of 2014 on March 2, 2015. The March 2 Press Release also indicated that ARCP anticipates to report its fourth quarter and full year 2014 financial results in its 2014 Annual Report on Form 10-K on or preceding to March 31, 2015.
On March 6, 2015, as predictable, ARCP received a standard notice from the NASDAQ Listing Qualifications Department (“NASDAQ”) stating that, as a result of the delay in ARCP’s filing of the 2014 10-K, ARCP remains non-compliant with NASDAQ Listing Rule 5250(c)(1), which requires timely filing of reports with the U.S. Securities and Exchange Commission (the “SEC”).
The NASDAQ notice has no immediate effect on the listing or trading of ARCP’s ordinary stock or Series F Preferred Stock on the NASDAQ Global Select Market. Following the initial NASDAQ notice received on November 12, 2014 related to the delay in filing ARCP’s Quarterly Report on Form 10-Q for the third quarter of 2014, ARCP presented a compliance plan to NASDAQ and received an extension until April 15, 2015 to file its delinquent reports and regain compliance. As formerly indicated in the March 2 Press Release, ARCP anticipates to file with the SEC its 2014 10-K on or preceding to March 31, 2015, which is before the extension date of April 15, 2015 prescribed by NASDAQ.
ARCP is a leading, self-managed commercial real estate investment trust (“REIT”) focused on investing in single tenant freestanding commercial properties subject to net leases with high credit quality tenants. ARCP attains and manages assets on behalf of the Cole Capital® non-traded REITs.
FuelCell Energy Inc (NASDAQ:FCEL), raised 6.82%, and traded at $1.41. The Stock is active as 12.34M shares changed hands versus its average volume of 3.34M shares.
FuelCell Energy Inc. (FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, declared the continued progress in the commercialization of an affordable and efficient carbon capture solution utilizing fuel cells, following thousands of hours of testing with simulated flue gas of a coal-fired power plant. In addition to this evaluation under a U.S. Department of Energy (DOE) contract, the program comprised of a detailed design and cost analysis for fuel cell applications capturing carbon dioxide (CO2) from large scale coal-fired power plants. Results of this study support cost targets below the U.S. Department of Energy threshold of $40/ton. An additional benefit demonstrated is tolerance levels and clean up requirements for the impurities in coal plant exhaust, in addition to the ability to destroy about 70 percent of smog-producing nitrogen oxide (NOx).
In addition to this progress for coal-fired applications, testing is being conducted with private funding for the evaluation of fuel cells for capturing CO2 from natural gas fired power plants. Results to date are supporting the viability and cost targets for gas-fired power plants and exhaust sources.
FuelCell Energy is a global leader in providing ultra-clean baseload distributed generation to utilities, industrial operations, universities, municipal water treatment facilities, government installations and other customers around the world.
Sprint Corp (NYSE:S) declined -2.79%, and traded at $5.23. The Stock is active as 12.29M shares changed hands versus its average volume of 18.23M shares.
During the month of March, Sprint Corporation (S), customers who originally opted out of Total Equipment Protection at the time of purchase have another chance to enroll. Total Equipment Protection covers wireless phones, smartphones and Sprint mobile broadband cards. For a range of $9 to $13 per month (per line, depending on device model), customers receive comprehensive coverage that comprises protection from loss, theft, accidental damage, device malfunction and threats to private data.
“Our phones are such an integral part of our lives,” said Jaime Jones, president-Postpaid Consumer and General Business for Sprint. “We rely on them to stay connected to loved ones and friends, and assist us handle the myriad tasks we do every day. The peace of mind that comes from knowing your phone is protected, and having someone there to assist you if needed, is why device protection plans make perfect sense.”
Total Equipment Protection (TEP), administered by Asurion, provides comprehensive protection for a customer’s phone, smartphone or Sprint mobile broadband card against loss, theft and liquid or physical damage. This coverage also comprises an in-store repair function for mechanical or electrical failure caused by defect or normal wear and tear. As an added feature, customers can download the Sprint Protect app to locate, lock and otherwise protect their phone remotely from a computer.
TEP offers comprehensive end-to-end coverage and peace of mind from an easy, hassle-free solution. Equipment Service and Repair (sold separately) is a component of TEP and assists customers who enroll by resolving many device issues the same day at Sprint full-service locations.
- In some cases device issues can be serviced or repaired in about one hour.
- It saves the customer per-incident fees for in-store service or repair transactions.
- If the device is lost, stolen or exhibits liquid or physical damage, approved replacements will typically arrive in one business day.
- TEP saves customers from paying full retail price to replace their phone.
Sprint (NYSE:S) is a communications services corporation that creates more and better ways to connect its customers to the things they care about most. Sprint served nearly 56 million connections as of Dec. 31, 2014, and is widely recognized for developing, engineering and deploying innovative technologies, counting the first wireless 4G service from a national carrier in the United States; leading no-contract brands counting Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone.
Altria Group Inc (NYSE:MO), dropped -3.84%, and traded at $53.37. The Stock is active as 12.21M shares changed hands versus its average volume of 6.49M shares.
Altria Group Inc. (MO), declares the expiration of its formerly declared cash tender offer for any and all of its senior unsecured 9.700% Notes due 2018. The terms and conditions of the tender offer are described in the Offer to Purchase, dated February 26, 2015, the related Letter of Transmittal and the Notice of Guaranteed Delivery.
The tender offer for the Notes expired at 5:00 p.m., New York City time, on Wednesday, March 4, 2015.
According to information offered by Global Bondholder Services Corporation, the Depositary and Information Agent for the tender offer, $792,538,000 aggregate principal amount of the Notes was validly tendered at or preceding to the Expiration Time and not validly withdrawn, which amount comprises $81,000 aggregate principal amount of the outstanding Notes that remain subject to guaranteed delivery procedures.
Altria anticipates to accept for purchase all Notes validly tendered and not validly withdrawn at or preceding to the Expiration Time. The conditions to the tender offer have been satisfied, therefore, Altria anticipates the payment for the purchased Notes, counting Notes delivered in accordance with guaranteed delivery procedures, to be made on March 9, 2015.
Altria Group, Inc., through its auxiliaries, manufactures and sells cigarettes, smokeless products, and wine in the United States and internationally.
