Following U.S. Stocks are among the “Most Active” Stocks in the course of recent trading session, Friday: National Bank of Greece (ADR)(NYSE:NBG), Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP), KB Home (NYSE:KBH), FreeSeas Inc (NASDAQ:FREE)
- National Bank of Greece (ADR)(NYSE:NBG), with shares picked up 12.50% is now trading at $1.35. The Stock is active as 11.44M shares changed hands versus its average volume of 19.40M shares.
- com International, Ltd. (ADR) (NASDAQ:CTRP), with shares raised 21.78% is now trading at $56.19. The Stock is active as 11.28M shares changed hands versus its average volume of 2.22M shares.
- KB Home (NYSE:KBH) with shares enhanced 9.59% is now trading at $15.43. The Stock is active as 9.85M shares changed hands versus its average volume of 3.81M shares.
- FreeSeas Inc (NASDAQ:FREE) with shares rose 27.00% is now trading at $0.0682. The Stock is active as 7.89M shares changed hands versus its average volume of 3.30M shares.
Latest NEWS regarding these Stocks are depicted underneath:
National Bank of Greece S.A. (NYSE:NBG)
National Bank of Greece S.A. (NBG), and its Turkish unit, Finansbank, have agreed to postpone a public offering of Finansbank shares, the Istanbul-based lender said on Friday.
Today, the stock is experiencing a greenish zone, however, on Thursday, the stock was declined and had a tough opening on the NYSE the day before. The plunge came primarily as a result of ECB denying the amount of liquidity assistance Greece’s central bank was vying for.
ECB’s governing council approved raising the ceiling of emergency liquidity to a total of $435 million. Greece was hoping for liquidity assistance to its lenders to be raised to a total of over $960 million, twice the amount ECB actually raised.
National Bank of Greece S.A., together with its auxiliaries, offers diversified financial services primarily in Greece. The corporation is involved in retail and commercial banking, investment administration, investment banking, insurance, investment activities, and securities trading activities. It offers demand deposits, savings deposits, and time deposits, and current accounts; investment products; consumer loans, personal loans, mortgage loans, automobile loans, overdraft facilities, and foreign currency loans, in addition to letters of credit and guarantees; credit cards; currency swaps and options; and ATMs.
Ctrip.com International Ltd. (NASDAQ:CTRP)
Ctrip.com International Ltd. (CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel administration in China, declared its unaudited financial results for the fourth quarter and the full year ended December 31, 2014.
Highlights for the Fourth Quarter of 2014:
Net proceeds were RMB1.9 billion (US$308 million) for the fourth quarter of 2014, up 33% year-on-year, surpassing our net proceed guidance of 30% raise year-on-year for the fourth quarter 2014.
Accommodation reservation volume raised 53% year-on-year, surpassing our guidance of 40-50% volume raise year-on-year, and accommodation reservation proceeds raised 31% year-on-year, reaching RMB842 million (US$136 million) for the fourth quarter of 2014.
Transportation ticketing volume raised 102% year-on-year, surpassing our guidance of 55-65% volume raise year-on-year, and transportation ticketing proceeds raised 34% year-on-year, reaching RMB774 million (US$125 million) for the fourth quarter of 2014.
Gross margin was 69% for the fourth quarter of 2014, contrast to 73% in the same period in 2013, and 72% in the previous quarter.
Net Loss attributable to Ctrip’s shareholders was RMB224 million (US$36 million) for the fourth quarter of 2014, contrast to net revenue attributable to Ctrip’s shareholders of RMB261 million (US$43 million) in the same period in 2013. Not including share-based compensation charges (non-GAAP), net loss attributable to Ctrip’s shareholders was RMB98 million (US$16 million), contrast to net revenue attributable to Ctrip’s shareholders of RMB368 million (US$61 million) in the same period in 2013.
Diluted earnings per ADS were RMB-1.60 (US$-0.26) for the fourth quarter of 2014. Not including share-based compensation charges (non-GAAP), diluted earnings per ADS were RMB-0.70 (US$-0.11) for the fourth quarter of 2014.
Share-based compensation charges were RMB127 million (US$20 million), accounting for 7% of the net proceeds, or RMB0.90 (US$0.15) per ADS for the fourth quarter of 2014.
Highlights for the Full Year 2014:
- Net proceeds were RMB7.3 billion (US$1.2 billion) in 2014, up 36% year-on-year.
- Accommodation reservation volume raised 63% year-on-year, and accommodation reservation proceeds raised 45% year-on-year, reaching RMB3.2 billion (US$516 million) in 2014.
- Transportation ticketing volume raised 90% year-on-year, and transportation ticketing proceeds raised 36% year-on-year, reaching RMB3.0 billion (US$475 million) in 2014.
- Gross margin was 71% in 2014, contrast to 74% in 2013.
- Net revenue attributable to Ctrip’s shareholders was RMB243 million (US$39 million) in 2014, down 76% year-on-year. Not including share-based compensation charges (non-GAAP), net revenue attributable to Ctrip’s shareholders was RMB739 million (US$119 million), down 49% year-on-year.
- Diluted earnings per ADS were RMB1.59 (US$0.26) in 2014. Not including share-based compensation charges (non-GAAP), diluted earnings per ADS were RMB4.84 (US$0.78) in 2014.
- Share-based compensation charges were RMB497 million (US$80 million), accounting for 7% of the net proceeds, or RMB3.25 (US$0.52) per ADS in 2014.
Ctrip.com International, Ltd., together with its auxiliaries, provides travel services for hotel accommodations, ticketing services, packaged tours, and corporate travel administration in China.
KB Home (NYSE:KBH)
Today, KB Home (KBH), one of the nation’s largest and most recognized homebuilders, recently stated results for its first quarter ended February 28, 2015. Highlights and developments comprise the following:
Three Months Ended February 28, 2015:
- Total proceeds of $580.1 million rose 29% from $450.7 million in the year-earlier quarter, driven by growth in the Corporation’s housing and land sale proceeds. The Corporation’s total proceeds have raised on a year-over-year basis for 14 successive quarters.
- Housing proceeds grew 19% to $524.8 million in the current quarter from $440.1 million for the corresponding quarter of 2014. The Corporation delivered 1,593 homes in the first quarter, representing an raise of 10% from 1,442 homes delivered in the year-earlier quarter.
- The overall average selling price of homes delivered grew 8% to $329,500, up from $305,200 a year ago, reflecting a shift in the geographic mix of deliveries and generally favorable conditions in the Corporation’s served markets.
- Average selling prices in the Corporation’s West Coast, Central and Southeast homebuilding regions raised 5%, 13% and 3%, respectively, contrast to the same quarter of 2014, while the average selling price in its Southwest homebuilding region reduced 4%.
- Land sale proceeds raised to $53.0 million from $8.1 million a year ago, primarily due to the Corporation’s current quarter sale of a large parcel in northern California as part of its planned emphasis on enhancing asset efficiency by executing on targeted opportunities to monetize certain land positions.
- Homebuilding operating revenue totaled $14.4 million, contrast to $17.7 million in the year-earlier quarter. The current quarter comprised of a $6.0 million gain on the sale of land, contrast to a $1.0 million gain in the preceding-year quarter.
- The Corporation’s housing gross profit margin reduced 260 basis points to 15.1% from 17.7% in the year-earlier quarter. Not including the amortization of formerly capitalized interest and land option contract abandonment charges in each period, the Corporation’s first quarter adjusted housing gross profit margin was 19.5% in 2015 and 21.8% in 2014.
- The year-over-year decline in the housing gross profit margin was primarily due to higher land and construction costs, start-up field costs associated with new home community openings, competitive pricing pressures, and the close-out of certain higher margin communities within the Corporation’s West Coast homebuilding region in the latter part of 2014.
- Selling, general and administrative expenses as a percentage of housing proceeds improved 40 basis points to 13.5% from 13.9% in the year-earlier quarter even as the Corporation raised staffing levels during the current quarter to support community count growth and a higher number of deliveries anticipated in the second half of 2015.
- Interest expense reduced to $5.3 million from $11.3 million in the year-earlier quarter due to an raise in the amount of the Corporation’s inventory qualifying for interest capitalization in the current quarter, partly offset by an raise in interest incurred.
- Financial services operations generated pretax revenue of $1.7 million in the current quarter and $1.6 million in the year-earlier quarter. The current quarter results comprised of $.4 million of pretax revenue from Home Community Mortgage, LLC, the Corporation’s mortgage banking joint venture with Nationstar Mortgage LLC that commenced operations in July 2014.
- The Corporation’s total pretax revenue of $10.5 million for the first quarter of 2015 was nearly even with $10.8 million for the year-earlier period.
- The 2014 first quarter comprised of a gain of $3.2 million on the sale of the Corporation’s interest in an unmerged joint venture.
- Net revenue for the current quarter totaled $7.8 million, or $.08 per diluted share, contrast to $10.6 million, or $.12 per diluted share, for the first quarter of 2014.
- Revenue tax expense of $2.7 million for the current quarter reflected the favorable influence of $1.4 million of federal energy tax credits the Corporation earned from building high-efficiency homes, resulting in an effective tax rate of about 26%. The year-earlier quarter comprised of revenue tax expense of $.2 million.
KB Home is one of the largest and most recognized homebuilding companies in the United States. Since its founding in 1957, the corporation has built more than half a million quality homes. KB Home’s unique homebuilding approach lets each buyer customize their new home from lot location to floor plan and design features.
FreeSeas Inc. (NASDAQ:FREE)
FreeSeas Inc. (FREE), is skyrocketing the session, attaining volume of 9,627,188 shares as compared to its daily average volume of 2,515,260 shares. The stock is also showing an unusual surge in its volume. The company has the market capitalization of 2.60M. For the trailing twelve month, it reported its EPS growth of -1.58. The company has 1 year target estimated price of $1.00. The stock is very much volatile as its beta value is 7.21. As of December 31, the company was able to keep its return on assets at -18.60%, and its Return on Equity at -147.53%. 1.80% of shares of the company are held by institutions, and has an outstanding shares of 35.86M. Yesterday, the company hit its new 52-week low of $0.05 - the worst price for the year.
FreeSeas Inc., through its auxiliaries, provides drybulk shipping services. Its vessels carry various drybulk commodities, such as iron ore, grain, and coal, in addition to bauxite, phosphate, fertilizers, steel products, cement, sugar, and rice.
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