Big Movers: La Jolla Pharmaceutical Co. (NASDAQ:LJPC), Bank of America Corporation (NYSE:BAC), Albemarle (NYSE:ALB), Office Depot (NASDAQ:ODP), Walker & Dunlop (NYSE:WD)


On Monday shares of La Jolla Pharmaceutical Co. (NASDAQ:LJPC) closed at $21.37. Company’s EPS growth for next 5 years is recorded as 13.20%. La Jolla Pharmaceutical Company (NASDAQ:LJPC) reported fourth quarter and full year 2014 financial results and highlighted recent corporate progress and near-term milestones. At December 31, 2014, La Jolla had $48.6 million in cash, compared to $8.6 million at December 31, 2013. The significant increase in cash is due to the completion of an underwritten public offering of common stock in July 2014, with net proceeds to La Jolla of approximately $53.1 million.

Bank of America Corporation (NYSE:BAC) in last trading activity moved up 0.25% to close at $16.13. Company weekly performance is -0.25% while its quarterly performance stands at -7.41%. Bank of America Corporation (NYSE:BAC) is -11.12% away from its 52 week high. Bank of America Corp (NYSE:BAC)‘s stock had its “outperform” rating reissued by equities research analysts at Raymond James in a research note issued to investors on Tuesday. They currently have a $18.00 price target on the stock.

On last trading day Albemarle Corporation (NYSE:ALB) fell -0.28% to close at $52.79. Its volatility for the week is 1.60% while volatility for the month is 1.67%. ALB’s sales growth for past 5 years was 4.00% and its EPS growth for past 5 years was 5.70%. Albemarle Corporation (NYSE:ALB) monthly performance is -1.64%. On March 12, Albemarle Corporation (NYSE:ALB), announced that it has entered into discussions with its Middle Eastern partner Ali & Sons Oilfield Supplies & Services Co. (ASOS) to construct a manufacturing facility for FCC catalysts and additives in Abu Dhabi, United Arab Emirates.

Office Depot, Inc. (NASDAQ:ODP) has 0.50% insider ownership while its institutional ownership stands at 92.60%. In last trading activity company’s stock closed at $9.28.

On last trading day Walker & Dunlop, Inc. (NYSE:WD) moved up 0.36% to close at $16.68. Its volatility for the week is 2.04% while volatility for the month is 2.04%. WD’s sales growth for past 5 years was 32.40% and its EPS growth for past 5 years was -10.60%. Walker & Dunlop, Inc. (NYSE:WD) monthly performance is -0.42%. Walker & Dunlop, Inc. (NYSE: WD) announced the sale of 8,246,534 shares of its common stock, par value $0.01 per share, held by funds managed by affiliates of Fortress Investment Group LLC (NYSE: FIG) (“Fortress”). Morgan Stanley & Co. LLC will act as the underwriter of the offering (the “Underwriter”). The Company will not receive any proceeds from this offering.


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