Current Trade News Review: MGIC Investment Corp. (NYSE:MTG), Men’s Wear house Inc (NYSE:MW), Cliffs Natural Resources Inc (NYSE:CLF)

Current Trade News Review: MGIC Investment Corp. (NYSE:MTG), Men’s Wear house Inc (NYSE:MW), Cliffs Natural Resources Inc (NYSE:CLF)

- in Business & Finance
0

During Tuesday’s Morning trade, Shares of MGIC Investment Corp. (NYSE:MTG), lost -2.57% to $9.30.

MGIC Investment Corporation, issued an Operational Summary of its insurance auxiliaries for the month of October 2015 for their primary mortgage insurance.

The information concerning new notices and cures is compiled from reports received from loan servicers. The level of new notice and cure activity stated in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the number of business days in a month, and by transfers of servicing between loan servicers.

MGIC Investment Corporation, through its auxiliaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, in addition to covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure; and pool insurance coverage, which covers the excess of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage.

Shares of Men’s Wearhouse Inc (NYSE:MW), declined -2.05% to $21.58, during its current trading session.

Moores Clothing for Men, a partner of The Men’s Wear house, and Kenneth Cole Productions have collaborated to launch the “AWEARNESS Kenneth Cole” collection, available exclusively at Moores stores across Canada .

This collection of tailored clothing, which comprises suits retailing at $649 , sport coats at $349 , dress slacks at $149 , ties at $65 and dress shirts at $89 in slim fits, is part of the company’s ongoing aim of giving back to the communities in which it serves, as they partner with True Patriot Love Foundation to benefit military veterans.

“We are excited to partner with Moores Clothing for Men and bring tailored clothing to their customer while at the same time, be able to assist our veterans in their transition into the workforce,” said Kenneth Cole , Chairman and Chief Creative Officer of Kenneth Cole Productions. “We have always sought to make an impact on people’s wardrobes, in addition to communities in need, and are excited that this new partnership will do just that.”

The Men’s Wearhouse, Inc. operates as a specialty apparel retailer in the United States, Puerto Rico, and Canada. The company operates in two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, sportswear, outerwear, dress shirts, dress pants, overcoats, ties, shoes, and accessories for men in classic, modern, and slim fits in various sizes; and a selection of tuxedo rental products.

Finally, Shares of Cliffs Natural Resources Inc (NYSE:CLF), gained 4.31%, and is now trading at $3.40.

Moments ago, Trader’s Choice released new research updates concerning several important developing situations counting the following equities: Cocrystal Pharma Inc (COCP), Hackett Group Inc (HCKT), Cliffs Natural Resources Inc (CLF) and BlackRock Floating Rate Income Strategies Fund Inc (FRA). Trader’s Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.

Highlights from recently’s reports comprise:

On Friday, November 06, 2015, the NASDAQ Composite ended at 5,147.12, up 0.38%, the Dow Jones Industrial Average edged 0.26% higher, to finish the day at 17,910.33, and the S&P 500 closed at 2,099.20, down 0.03%.

- Cocrystal Pharma Inc’s stock edged lower by 1.41% to close Friday’s session at USD 0.70, below its 50-day and 200-day moving average of USD 0.73 and USD 0.95, respectively. The company’s shares oscillated between USD 0.69 and USD 0.73. The shares have a 52-week high of USD 1.53 and 52-week low of USD 0.40. The stock recorded a trading volume of 0.12 million shares, which was below its 50-day daily average volume of 0.19 million shares and lower than its 52-week average volume of 0.64 million shares. Over the last three days, Cocrystal Pharma Inc’s shares have remained flat and in the past one week it has moved up 3.70%. However, over the last three months, the stock has lost 18.13%. Further, the company has a Price/Book (MRQ) ratio of 2.51.

- The stock of Hackett Group Inc gained 3.36% to close Friday’s session at USD 16.29. The shares of the company moved in the range of USD 15.57 and USD 16.52. A trading volume of 0.17 million shares was recorded, which was greater than its 150-day daily average volume of 0.16 million shares and above its 52-week average volume of 0.13 million shares. Over the last five days, Hackett Group Inc’s shares have advanced 9.48% and in the past one month, it has gained a momentum of 16.27%. Additionally, over the last three months, the stock has advanced 32.98% and in the past six months, the shares have registered a profit of 74.04%. Hackett Group Inc has a current dividend yield of 1.35%. Further, the company is trading at a price to earnings ratio of 32.58 and a price to book ratio of 5.04. This compares to a historical PE ratio of 26.77. The historical PB ratio is near to 2.83. Further, the stock is trading at a price to cash flow ratio of 15.83 and price to sales ratio of 1.89.

Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and two metallurgical coal mines located in Alabama and West Virginia.

Leave a Reply

Your email address will not be published. Required fields are marked *