Fed-funds futures indicated Friday that investors see a 22% likelihood of a rate rise in June, contrast with 16% a day earlier and 24% a month ago, according to data from CME Group Inc. The chances of a rate rise at the September Fed meeting were 64% on Friday, contrast with 51% on Thursday.
Insights about U.S. Stocks that landed in the Active-Zone during Friday’s trade, are depicted underneath:
Southern Co (NYSE:SO)’s shares declined -2.07%, and traded at $44.09. The Stock is active as 11.52M shares changed hands versus its average volume of 6.35M shares. The company holds the market capitalization of 40.12B. The stock return on equity value is 10.20%, while return on assets value is 3.00%, in response to its return on investment value of 6.30%. Its 20-day moving average declined -4.93%, and the stock moved below 50-day moving average of -9.25%. The mean recommendation of analysts for this stock is 3.30.(where 1=Buy, 5=Sale).
The Southern Company, together with its auxiliaries, operates as a public electric utility corporation. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The corporation also constructs, attains, owns, and manages generation assets, counting renewable energy projects.
American International Group Inc (NYSE:AIG), raised 0.70%, and traded at $56.00. The Stock is active as 11.48M shares changed hands versus its average volume of 9.57M shares.
In 4Q14, American International Group, Inc. (AIG), repurchased formerly issued more expensive debt—high coupon hybrid and senior notes—of around $3.7 billion and issued a total of ~$2.75 billion of long-term debt in October 2014 and January 2015. This debt repurchase resulted in ~$800 million charges in 4Q14.
For the full year 2014, AIG repurchased $6.5 billion of high coupon debt. Replacing existing higher coupon debt with lower coupon debt and reducing total outstanding debt will assist AIG reduce its interest burden by ~$249 million per year, alongside de-risking the capital structure.
American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally.
Newmont Mining Corp (NYSE:NEM), dropped -7.91%, and traded at $23.30. The Stock is active as 11.44M shares changed hands versus its average volume of 8.00M shares.
Following the downfall in gold prices Friday, Newmont Mining Company, (NEM), stock fell. Gold prices were falling to two-month lows following the Labor Department’s February jobs report.
Gold for April delivery was falling 1.8% to $1,174.30 an ounce Friday morning, the lowest levels for the commodity since Jan. 5.
Gold prices dropped down because the U.S. economy added more jobs than predictable in February, which could pilot to the Federal Reserve raising interest rates near the middle of the year, according to the Wall Street Journal.
Newmont Mining Company, (NEM), operates in the mining industry. It primarily attains, develops, explores for, and produces gold, copper, and silver deposits.
J C Penney Company Inc (NYSE:JCP), dipped -0.91%, and traded at $7.65. The Stock is active as 11.35M shares changed hands versus its average volume of 13.38M shares. The company has the market capitalization of $2.33B. The beta value of the stock is 1.92. On the other hand the stock’s volatility for the week is 4.37%, and for the month is 4.15%. The stock price to book value is $0.96, however price to sale value is $0.19. Analyst’s mean recommendation regarding this stock is 3.20. (where 1=Buy, 5=Sale).
J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The corporation sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, in addition to provides various services, counting styling salon, optical, portrait photography, and custom decorating.
