Stocks in News: American Express Company (NYSE:AXP), Petroleo Brasileiro Petrobras (NYSE:PBR-A), Tesla Motors Inc (NASDAQ:TSLA), Atlas Financial Holdings (NASDAQ:AFH), Resource Capital (NYSE:RSO)


On Wednesday shares of American Express Company (NYSE:AXP) closed at $80.11. Company’s sales growth for last 5 years was 6.30% and EPS growth for next 5 years is recorded as 9.50%. American Express Company (NYSE:AXP) is keeping its cards close to its vest. The company’s top executives steered clear of telling investors how they plan to persuade Costco Wholesale Corp. customers to keep using AmEx cards after AmEx’s 16-year exclusive partnership with the warehouse club ends next year. The Costco deal affects one in 10 AmEx cards in circulation.

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) in last trading activity increased 2.51% to close at $6.12. Company weekly performance is 6.43% while its quarterly performance stands at -20.83%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) is -72.36% away from its 52 week high. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) announced Tuesday that the Libra consortium has completed the drilling of the extension well 3-BRSA-1267-RJS/3-BRSA-1267A-RJS (3-RJS-735/735A) offshore Brazil. The drilling results have confirmed the presence of a hydrocarbon-bearing column of approximately 656 feet (200 meters) of good reservoir characteristics.

On Wednesday shares of Tesla Motors Inc (NASDAQ:TSLA) closed at $194.30. Company’s sales growth for last 5 years was 95.50%. Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk has said that in the next several months, the company will enable technology in its Model S all-electric sedan that may allow you to take your hands off the wheel in some instances.

Atlas Financial Holdings, Inc. (NASDAQ:AFH) has 3.60% insider ownership while its institutional ownership stands at 53.90%. In last trading activity company’s stock closed at $17.91. On March 16, Atlas Financial Holdings Inc. (NASDAQ:AFH) announced that it has closed the acquisition of Global Liberty Insurance Company of New York along with its affiliated underwriting and premium finance companies. The purchase price is approximately $24.7 million in cash and preferred shares of Atlas, which is subject to post-closing adjustments as set out in the definitive agreement with Global Liberty announced in October.

On last trading day Resource Capital Corp. (NYSE:RSO) fell -1.26% to close at $4.72. Its volatility for the week is 1.53% while volatility for the month is 2.00%. RSO’s sales growth for past 5 years was 8.20% and its EPS growth for past 5 years was 6.30%. Resource Capital Corp. (NYSE:RSO) monthly performance is -3.28%. Resource Capital Corp. (NYSE: RSO) announced that its Board of Directors has declared a cash dividend of $0.16 per common share for the quarter ending March 31, 2015. The dividend will be paid on April 28, 2015 to holders of record on March 31, 2015.


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