On Tuesday, Shares of Iconix Brand Group Inc (NASDAQ:ICON), gained 2.41% to $7.22.
Iconix Brand Group, a brand administration company and owner of a diversified portfolio of 35 global consumer brands recently declared Q3 net loss sending shares tumbling far below the 50 - day SMA. The Company stated a third-quarter loss of $6.3 million, after reporting a profit in the same period a year earlier. Earnings, adjusted for non-recurring costs, were 9 cents per share. The clothing brand licensing company posted revenue of $88.9 million in the period, a decrease from the previous quarter. Iconix shares have declined 80 percent since the starting of the year and 83 percent in the last 12 months.
Administration has remained positive about the financial wellbeing of the company, however analysts have taken a different approach. The stock is presently trading near a 52 - week low and has attracted a noteworthy amount of attention with volumes reaching well over 25 million shares on Monday, as compared to an average of 1.7 million shares.
Iconix Brand Group, Inc., a brand administration company, owns, licenses, and markets a portfolio of consumer brands across women’s, men’s, entertainment, and home primarily in the United States and internationally.
Shares of Quanta Services Inc (NYSE:PWR), inclined 1.18% to $21.49, during its last trading session.
Quanta Services, declared that company administration will present at the Baird 2015 Industrial Conference to be held November 9-11, 2015, in Chicago. Jim O’Neil, chief executive officer and Kip Rupp, vice president – investor relations, will present at the Baird 2015 Industrial Conference on Tuesday, November 10, 2015, at 2:00 p.m. Central time.
Quanta Services, Inc. provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. The company’s Electric Power Infrastructure Services segment provides network solutions comprising design, installation, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure, and substation facilities.
Finally, Shares of Caterpillar Inc. (NYSE:CAT), ended its last trade with 0.78% gain, and closed at $72.45.
Caterpillar Inc. (CAT), Group President of Energy & Transportation Jim Umpleby and Director of Investor Relations Rich Moore will speak at the Baird 2015 Industrial Conference on Wednesday, November 11. They are planned to speak at 11 a.m. Central Time.
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company’s Construction Industries segment offers backhoe, small wheel, skid steer, multi-terrain, compact track, medium and compact wheel, and track-type loaders; mini, wheel, and track excavators; track-type tractors; and select work tools, motor graders, tele handlers, soil compactors, and pipelayers, in addition to its related parts for the heavy and general construction, rental, mining and quarry, and aggregates markets.
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