Morning Watch List: Amicus Therapeutics (NASDAQ:FOLD), Office Depot (NASDAQ:ODP), AstraZeneca PLC (NYSE:AZN), Key Energy Services Inc. (NYSE:KEG), Cornerstone Strategic (NYSEMKT:CLM)


On Nov. 17, Amicus Therapeutics, Inc. (NASDAQ:FOLD) announced it has commenced a $75 million underwritten public offering of its common stock. J.P. Morgan Securities LLC is acting as sole book-running manager for the proposed offering. Cowen and Company, LLC and Leerink Partners are acting as lead managers and Janney Montgomery Scott is acting as co-manager for the offering. Amicus Therapeutics, Inc. (NASDAQ:FOLD) in last trading activity increased 17.75% to close at $6.70. Company weekly performance is 8.06% while its quarterly performance stands at 46.61%. Amicus Therapeutics, Inc. (NASDAQ:FOLD) is -12.19% away from its 52 week high.

Goldman Sachs lowered shares of Office Depot (NYSE:ODP) from a buy rating to a neutral rating in a research report released on Monday morning, TheFlyOnTheWall.com reports. On last trading day Office Depot, Inc. (NASDAQ:ODP) moved down -1.47% to close at $6.69. Its volatility for the week is 3.62% while volatility for the month is 4.58%. ODP’s sales growth for past 5 years was -5.00% and its EPS growth for past 5 years was 44.30%. Office Depot, Inc. (NASDAQ:ODP) monthly performance is 38.80%.

UK-based drugmaker AstraZeneca PLC (NYSE:AZN) said its strategy is on track to deliver sustainable growth and value through innovation. The firm said its pipeline is expected to drive strong and consistent revenue growth, delivering annual revenues in excess of $45 billion by 2023. AstraZeneca PLC (NYSE:AZN)’s stock on 17 November traded at beginning with a price of $71.70 and when day-trade ended the stock finally fell -0.48% to end at $72.50. AstraZeneca PLC (NYSE:AZN)’s showed weekly performance of -0.97%.

Shares of Key Energy Services (NYSE:KEG) have been given an average rating of “Hold” by the eighteen ratings firms that are currently covering the stock, Stock Ratings Network.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have given a buy recommendation to the company. Key Energy Services Inc. (NYSE:KEG) has 0.90% insider ownership while its institutional ownership stands at 91.20%. In last trading activity company’s stock closed at $2.49.

On Nov 14, Cornerstone Strategic Value Fund Inc. (NYSEMKT:CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), announced that in keeping with each Fund’s previously adopted monthly distribution policy, each Fund is declaring the following distributions, which have been reset for the calendar year 2015. On Monday shares of Cornerstone Strategic Value Fund Inc. (NYSEMKT:CLM) closed at $5.05.


Leave a Reply

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