Morning Buzz: The Dow Chemical Company (NYSE:DOW), Vipshop Holdings Limited (NYSE:VIPS), Checkpoint Systems Inc. (NYSE:CKP), The Fresh Market (NASDAQ:TFM), eMagin Corp. (NYSEMKT:EMAN)


The Dow Chemical Company (NYSE:DOW) and activist investor Dan Loeb’s Third Point hedge fund reached a crucial agreement last Friday, under which, the former agreed to add four new, independent directors to its board (including two suggested by Third Point), thus avoiding the possibility of a proxy battle between them. The Dow Chemical Company (NYSE:DOW) in last trading activity advanced 0.72% to close at $51.76. Company weekly performance is 0.54% while its quarterly performance stands at -2.83%. The Dow Chemical Company (NYSE:DOW) is -5.18% away from its 52 week high.

Vipshop Holdings Limited (NYSE:VIPS) on 18 November announced Total net revenues increased by 130.0% to US$882.6 million from US$383.7 million in the prior year period, primarily driven by growth in the number of active customers and total orders, as well as the increasing revenue contribution from the mobile platform. On last trading day Vipshop Holdings Limited (NYSE:VIPS) advanced 4.37% to close at $22.94. Its volatility for the week is 4.43% while volatility for the month is 4.86%. Vipshop Holdings Limited (NYSE:VIPS) monthly performance is 5.23%.

Checkpoint Systems Inc. (NYSE:CKP) on 3 November reported Net revenues from continuing operations in the third quarter of 2014 decreased 8.2%, to $160.6 million from $174.9 million in the third quarter of 2013. Foreign currency translation effects resulted in a $0.4 million or 0.2% decrease in net revenues. During the quarter, gross profit margins were 44.2% compared with 40.3% in the 2013 third quarter. On last trading day Checkpoint Systems Inc. (NYSE:CKP) moved down -2.27% to close at $12.91. Its volatility for the week is 2.55% while volatility for the month is 2.79%. CKP’s sales growth for past 5 years was -5.50% and its EPS growth for past 5 years was 44.50%. Checkpoint Systems Inc. (NYSE:CKP) monthly performance is -2.20%.

The Fresh Market, Inc. (NASDAQ:TFM) on 20 November announced GAAP net income in the third quarter of fiscal 2014 was $14.9 million, compared to $11.1 million in the third quarter of fiscal 2013. Third quarter fiscal 2014 GAAP net income includes a pre-tax net benefit of $2.9 million related to adjustments to store closure and exit costs. The Fresh Market, Inc. (NASDAQ:TFM) has 0.20% insider ownership while its institutional ownership stands at 93.70%. In last trading activity company’s stock closed at $40.49.

eMagin Corp (NYSEMKT:EMAN) CEO Andrew George Sculley, Jr. sold 21,000 shares of eMagin stock on the open market in a transaction dated Monday, November 17th. The stock was sold at an average price of $2.41, for a total transaction of $50,610.00. Following the completion of the transaction, the chief executive officer now directly owns 133,900 shares of the company’s stock, valued at approximately $322,699. On Wednesday shares of eMagin Corp. (NYSEMKT:EMAN) closed at $2.45. Company’s sales growth for last 5 years was 8.40% and EPS growth for next 5 years is recorded as 5.00%.


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