Following U.S. Stocks are among the “Most Active” Stocks in the course of recent trading session, Friday: Apple Inc (NASDAQ:AAPL), Nike Inc (NYSE:NKE), Macerich Co (NYSE:MAC), Yamana Gold Inc. (USA) (NYSE:AUY)
- Apple Inc (NASDAQ:AAPL), with shares picked up 0.25% is now trading at $127.82. The Stock is active as 20.98M shares changed hands versus its average volume of 57.44M shares.
- Nike Inc (NYSE:NKE), with shares raised 4.52% is now trading at $102.76, hitting new 52-week high of $103.08. The Stock is active as 7.12M shares changed hands versus its average volume of 3.72M shares.
- Macerich Co (NYSE:MAC) with shares dwindled -3.99% is now trading at $89.77. The Stock is active as 6.33M shares changed hands versus its average volume of 1.56M shares.
- Yamana Gold Inc. (USA) (NYSE:AUY) with shares rose 5.53% is now trading at $3.91. The Stock is active as 5.73M shares changed hands versus its average volume of 9.76M shares.
Latest NEWS regarding these Stocks are depicted underneath:
Apple Inc. (NASDAQ:AAPL)
Analysts at Morgan Stanley issued an Apple Inc. (AAPL), a positive note on the iPhone maker, saying the stock deserves a higher multiple due to its forthcoming television service.
According to Wall Street Journal, Apple is planning a TV package with about 25 channels by later this year. According to Buzzfeed, this declaration is expected to be made in June at Worldwide Developer Conference.
Therefore, Morgan Stanley says Apple should be viewed as a “platform” corporation, and its stock deserves a higher premium multiple.
The firm noted that if 8% of U.S. Apple users sign up for the service, Apple would potentially add 15 million subscribers. That means Apple could add an estimated $5.5 billion in proceed if the service is priced at $30 per month.
The company is expected to release its next earning report between Apr 21 - Apr 27.
Mean recommendation of analysts for this most active stock is 1.9.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide.
Nike, Inc. (NYSE:NKE)
Nike, Inc. (NKE), stated financial results for its fiscal 2015 third quarter ended February 28, 2015. Diluted earnings per share for the quarter were up 19 percent due to higher proceeds as a result of continued strong demand for NIKE, Inc. brands and gross margin expansion, partially offset by higher SG&A investments and a higher effective tax rate.
Third Quarter Revenue Statement Review:
- Proceeds for NIKE, Inc. rose 7 percent to $7.5 billion, up 13 percent on a currency neutral basis.
- Proceeds for the NIKE Brand were $6.9 billion, up 11 percent on a currency neutral basis driven by growth in every geography and in most key categories.
- Proceeds for Converse were $538 million, up 33 percent on a currency neutral basis, mainly driven by continued growth and timing of shipments in North America, the transition to direct distribution in AGS (Austria, Germany, Switzerland) and growth in the Direct to Consumer (DTC) business.
- Gross margin expanded 140 basis points to 45.9 percent. Gross margin benefitted from a continued shift in mix to higher margin products, partially offset by higher product input and warehousing costs.
- Selling and administrative expense raised 10 percent to $2.4 billion. Demand creation expense was $731 million, flat to the preceding year as raised investments in digital brand marketing and sports marketing were offset by lower advertising expense due to product launch timing. Operating overhead expense raised 15 percent to $1.6 billion, reflecting growth in the DTC business and targeted investments in infrastructure and consumer-focused digital capabilities.
- Other revenue, net was $5 million, comprised primarily of net foreign exchange gains. For the quarter, the Corporation estimates the year-over-year change in foreign currency related gains and losses comprised of in other revenue, net, combined with the influence of changes in exchange rates on the translation of foreign currency-denominated profits, reduced pretax revenue by about $20 million.
- The effective tax rate was 24.4 percent, contrast to 22.5 percent for the same period last year, primarily due to the influence of tax expense on intercorporation transactions, partially offset by the retroactive reinstatement of the U.S. research and development tax credit.
- Net revenue raised 16 percent to $791 million, driven by strong proceed growth and gross margin expansion, while diluted earnings per share raised 19 percent to $0.89, reflecting a 2 percent decline in the weighted average diluted ordinary shares outstanding.
NIKE, Inc., together with its auxiliaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide.
The Macerich Company (NYSE:MAC)
Today, The Macerich Corporation (MAC), confirmed that it has received a revised, unsolicited proposal from Simon Property Group, Inc. (SPG) to attain the Corporation for $95.50 per share in cash and stock.
The Macerich Board of Directors will review the Revised Proposal with its financial and legal advisors. Macerich stockholders are advised to take no action at this time.
The Corporation noted that on March 9, 2015, Simon projected to attain Macerich for $91.00 per share in cash and stock. On March 17, 2015, after a comprehensive review conducted in consultation with its financial and legal advisors, the Board unanimously determined that the unsolicited proposal to attain the Corporation for $91.00 per share in cash and stock substantially undervalued Macerich and was not in the best interests of Macerich and its stockholders.
Deutsche Bank Securities Inc., Goldman, Sachs & Co. and JP Morgan Securities LLC are acting as financial advisors to Macerich and Kirkland & Ellis LLP, Goodwin Procter LLP and Venable LLP are acting as legal counsel.
Macerich, an S&P 500 corporation, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the attainment, leasing, administration, development and redevelopment of regional malls throughout the United States.
Yamana Gold, Inc. (NYSE:AUY)
Last week, on Thursday, Yamana Gold, Inc. (AUY), declared the signing of a Definitive Contract with the provincial Government of Catamarca, Argentina, represented by the provincial mining corporation Catamarca Mineria y Energetica Sociedad del Estado. The Contract advances the formerly declared Memorandum of Understanding, which set the groundwork for cooperation to consolidate important mining projects and prospective properties in the province, most notably the Agua Rica property and the Cerro Atajo prospect, to create the Catamarca mining district. The Contract is the first of its kind between a provincial corporation and a private corporation in the Catamarca Province.
The signing of the Contract provides the basis for further advancement of exploration and ultimately mining in the District. Yamana anticipates to use the existing workforce at Agua Rica to start a planned exploration program in 2015 with a focus on Cerro Atajo. In addition, a plan is being implemented to train the existing workforce in Catamarca to ensure local communities have the opportunity to benefit directly from planned
The Corporation and the Government through CAMYEN will continue to evaluate the potential of Cerro Atajo and as the potential is confirmed a plan will be developed to improve and upgrade infrastructure in the District. Under the Contract CAMYEN will receive up to a 5% interest in a combined entity, counting the Agua Rica project and the Cerro Atajo prospect.
Agua Rica is a low cost, large-scale copper, gold, silver and molybdenum deposit located in the province of Catamarca, Argentina.
Yamana is a Canadian-based gold producer with noteworthy gold production, gold development stage properties, exploration properties, and land positions throughout the Americas counting Brazil, Argentina, Chile, Mexico and Canada. Yamana plans to continue to build on this base through existing operating mine expansions, throughput raises, development of new mines, the advancement of its exploration properties and by targeting other gold consolidation opportunities with a primary focus in the Americas.
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