Market Movers: RiT Technologies (NASDAQ:RITT), Alon USA Partners (NYSE:ALDW), Arthur J Gallagher (NYSE:AJG), Bank of the James Financial Group Inc. (NASDAQ:BOTJ), VRTS


RiT Technologies Ltd. (NASDAQ:RITT) a leading provider of Intelligent infrastructure Management and cabling solutions announced that it has signed an MOU with Wipro Ltd., an international information technology, consulting and outsourcing company. Under the agreement, the parties will cooperate in identifying relevant projects in India and customizing their integrated solutions for projects, to maximize their business in India. On Monday shares of RiT Technologies Ltd. (NASDAQ:RITT) closed at $1.48. Company’s sales growth for last 5 years was -13.10% and EPS growth for next 5 years is recorded as 15.00%.

On January 12, 2015, Mr. Amit Ben Itzhak was appointed to the board of directors of the general partner of Alon USA Partners, LP (NYSE:ALDW). Alon USA Partners, LP (NYSE:ALDW) in last trading activity increased 7.81% to close at $14.35. Company weekly performance is 11.24% while its quarterly performance stands at -18.42%. Alon USA Partners, LP (NYSE:ALDW) is -29.00% away from its 52 week high.

Arthur J. Gallagher & Co. (NYSE:AJG) will release its fourth quarter 2014 earnings after the market closes on Tuesday, February 3, 2015. On last trading day Arthur J Gallagher & Co. (NYSE:AJG) increased 0.42% to close at $45.70. Its volatility for the week is 1.71% while volatility for the month is 1.53%. AJG’s sales growth for past 5 years was 14.10% and its EPS growth for past 5 years was 12.00%. Arthur J Gallagher & Co. (NYSE:AJG) monthly performance is -3.75%.

Bank of the James Financial Group, Inc. (NASDAQ: BOTJ), the parent company of Bank of the James, a full-service commercial and retail bank serving the Greater Lynchburg MSA, commonly known as “Region 2000” and other markets in Central Virginia, on 23 January announced unaudited results for the three months and twelve months ended December 31, 2014.
Net income for the three months ended December 31, 2014 was $951,000 or $0.28 per diluted share, an increase of 43.7% compared with net income of $662,000 or $0.20 per diluted share for the three months ended December 31, 2013. For the twelve months of 2014, net income rose to $3.41 million or $1.01 per diluted share compared with $3.06 million or $0.91 for the twelve months of 2013. Bank of the James Financial Group Inc. (NASDAQ:BOTJ) has 6.10% insider ownership while its institutional ownership stands at 10.20%. In last trading activity company’s stock closed at $10.85.

Virtus Investment Partners (NASDAQ:VRTS) announced an agreement to acquire a majority interest in ETF Issuer Solutions (ETFis), a New York City-based company that operates a platform for listing, operating, and distributing exchange-traded funds. The transaction will provide Virtus with manufacturing capabilities for both active and passive ETFs, adding to its broad product line-up.On last trading day Virtus Investment Partners, Inc. (NASDAQ:VRTS) increased 3.30% to close at $144.31. Its volatility for the week is 4.03% while volatility for the month is 3.35%. VRTS’s sales growth for past 5 years was 16.90% and its EPS growth for past 5 years was 16.00%. Virtus Investment Partners, Inc. (NASDAQ:VRTS) monthly performance is -14.59%.


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