Top Wall Street Stories : Chimera Investment Corporation (NYSE:CIM), EMC Corporation (NYSE:EMC), Scripps Networks Interactive(NYSE:SNI), SeaChange International Inc. (NASDAQ:SEAC), HZNP


The Board of Directors of Chimera Investment Corporation (NYSE:CIM) on Sept. 17 announced the declaration of its third quarter 2014 cash dividend of $0.09 per common share. This dividend is payable October 29, 2014, to common shareholders of record on September 30, 2014. The ex-dividend date is September 26, 2014. Chimera Investment Corporation (NYSE:CIM) in last trading activity advanced 0.65% to close at $3.09. Company weekly performance is 0.32% while its quarterly performance stands at -0.64%. Chimera Investment Corporation (NYSE:CIM) is -4.63% away from its 52 week high.

Data storage products manufacturer EMC Corporation (NYSE:EMC) announced plans to buy out a portion of Cisco Systems Inc.’s take in their joint venture called VCE for a value that remains undisclosed. On last trading day EMC Corporation (NYSE:EMC) advanced 1.70% to close at $28.17. Its volatility for the week is 2.67% while volatility for the month is 2.12%. EMC’s sales growth for past 5 years was 9.30% and its EPS growth for past 5 years was 16.90%. EMC Corporation (NYSE:EMC) monthly performance is -1.85%.

Scripps Networks Interactive (NYSE:SNI) last posted its quarterly earnings results on Thursday, August 7th. The company reported $1.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.13 by $0.01. The company had revenue of $708.00 million for the quarter, compared to the consensus estimate of $710.23 million. During the same quarter last year, the company posted $1.08 earnings per share. Scripps Networks Interactive’s revenue was up 6.5% compared to the same quarter last year. Analysts expect that Scripps Networks Interactive will post $3.87 EPS for the current fiscal year. On last trading day Scripps Networks Interactive, Inc. (NYSE:SNI) advanced 0.93% to close at $76.18. Its volatility for the week is 1.81% while volatility for the month is 1.97%. SNI’s sales growth for past 5 years was 10.30% and its EPS growth for past 5 years was 89.30%. Scripps Networks Interactive, Inc. (NYSE:SNI) monthly performance is -2.08%.

SeaChange International, Inc. (NASDAQ:SEAC), a leading global multi-screen video software company, announced that the Board of Directors has unanimously appointed Jay Samit as Chief Executive Officer effective immediately. Samit will also become a member of the Board. Samit succeeds SeaChange’s current CEO Raghu Rau. SeaChange International Inc. (NASDAQ:SEAC) has 0.80% insider ownership while its institutional ownership stands at 95.10%. In last trading activity company’s stock closed at $6.50.

Horizon Pharma plc (NASDAQ:HZNP), which holds the U.S. NDA for VIMOVO, and POZEN plan to list U.S. patents 8,858,996 and 8,852,636 in the FDA’s Approved Drug Products with Therapeutic Equivalence Evaluations, or Orange Book. This will bring to ten, the total patents listed in the Orange Book for VIMOVO. U.S. patent 8,865,190, which covers the process for preparing VIMOVO, is not eligible to be listed in the Orange Book. On Friday shares of Horizon Pharma plc (NASDAQ:HZNP) closed at $12.34. Company’s EPS growth for next 5 years is recorded as 18.30%.


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