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Sunday 31 May 2015
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Trending Losers In Focus - Endo International plc - Ordinary Shares (ENDP), Abercrombie & Fitch (ANF), Virgin America (VA), Hewlett-Packard Company (HPQ)

On Tuesday, Endo International plc - Ordinary Shares (NASDAQ:ENDP)’s shares declined -2.38% to $84.60.

Endo International plc - Ordinary Shares (ENDP) declared the acquisition of a broad portfolio of branded and generic injectable and established products focused on pain, anti-infectives, cardiovascular and other specialty therapeutics areas from a partner of Aspen Holdings, a leading publicly-traded South African company that supplies branded and generic products in more than 150 countries. The transaction is predictable to meaningfully expand Endo’s presence in South Africa by adding a product portfolio that generated about $28 million of revenue during the fiscal year ended June 30, 2014, in addition to a sizeable pipeline of products in various phases of development that are predictable to launch over the next several years. For 2015, Endo anticipates that EBITDA to be generated by the attained portfolio will translate into a transaction multiple of less than 10 times EBITDA on a post-synergized basis.

Endo International plc, a specialty healthcare company, focuses on branded and generic pharmaceuticals and devices worldwide. It operates through four segments: U.S. Branded Pharmaceuticals, U.S. Generic Pharmaceuticals, Devices, and International Pharmaceuticals.

Abercrombie & Fitch Co. (NYSE:ANF)’s shares dropped -2.36% to $21.55.

Abercrombie & Fitch Co. (ANF) will be holding its quarterly earnings conference call for all interested parties on May 28, 2015, at 8:30 a.m. EDT. The earnings press release is planned to cross the wire shortly after 7:30 a.m. EDT.

Abercrombie & Fitch Co., through its auxiliaries, operates as a specialty retailer of apparel for men, women, and kids. The company operates through three segments: U.S. Stores, International Stores, and Direct-to-Consumer.

At the end of Tuesday’s trade, Virgin America Inc (NASDAQ:VA)‘s shares dipped -2.35% to $28.23.

Virgin America Inc (VA) stated its preliminary operational results for April 2015. The airline’s traffic (measured in revenue passenger miles) raised 2.8 percent on capacity (measured in accessible seat miles) that was 1.2 percent higher than the same month in 2014.

Load factor was 85.4 percent, up 1.3 points from April 2014. The number of onboard passengers raised 4.8 percent from the same month last year.

Virgin America Inc. provides planned air travel services. As of December 31, 2014, it offered services to 21 airports in the United States and Mexico with a fleet of about 53 Airbus single-aisle aircraft, counting of 10 Airbus A319s and 43 Airbus A320s.

Hewlett-Packard Company (NYSE:HPQ), ended its Tuesday’s trading session with -2.31% loss, and closed at $32.92.

Hewlett-Packard Company (HPQ) declared that it will start selling later this month Sprout by HP through its commercial channel in the U.S. With its dual touchscreen display and HP Touch Mat, instant capture capability and remote partnership capabilities, Sprout enables improved creativity and partnership for commercial and education markets.

Sprout is the world’s first immersive computer. At its core a high-performance All-In-One PC, Sprout’s revolutionary new features blend the physical and digital worlds everyone creates in, allowing users to go from thought to expression in an instant.

Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to to the government, health, and education sectors worldwide.

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