Hot Runners: Cambrex Corporation. (NYSE:CBM), Canadian Solar Inc. (NASDAQ:CSIQ), Journal Communications Inc. (NYSE:JRN), Meritor (NYSE:MTOR), JDS Uniphase Corporation (NASDAQ:JDSU)


Cambrex Corporation. (NYSE:CBM) announced that it has initiated the second significant expansion of its Charles City, Iowa facility in less than three years. Strong continued growth in demand for the Company’s active pharmaceutical ingredient (API) contract manufacturing capabilities is driving the need for more capacity. On Friday shares of Cambrex Corporation. (NYSE:CBM) closed at $30.01. Company’s sales growth for last 5 years was 5.00% and EPS growth for next 5 years is recorded as 21.00%.

On 3 February, Canadian Solar Inc. (NASDAQ:CSIQ) announced that it had entered into a definitive agreement with Sharp Corporation to acquire Recurrent Energy. The transaction is valued at $265 million. Canadian Solar is getting a good deal out of this as it is paying 13% less than the amount Sharp paid for recurrent five years ago. On last trading day Canadian Solar Inc. (NASDAQ:CSIQ) moved up 1.26% to close at $25.66. Its volatility for the week is 7.71% while volatility for the month is 6.26%. CSIQ’s sales growth for past 5 years was 18.60% and its EPS growth for past 5 years was 35.80%. Canadian Solar Inc. (NASDAQ:CSIQ) monthly performance is 16.96%.

Journal Communications Inc. (NYSE:JRN) and V E.W. Scripps Company (NYSE: SSP) have received notice that the Securities and Exchange Commission has declared effective the registration statement on Form S-4 of Scripps relating to the spinoff and merger transactions between the two companies. On last trading day Journal Communications Inc. (NYSE:JRN) increased 0.97% to close at $10.42. Its volatility for the week is 3.43% while volatility for the month is 3.41%. JRN’s sales growth for past 5 years was -2.50% and its EPS growth for past 5 years was 16.30%. Journal Communications Inc. (NYSE:JRN) monthly performance is -2.89%.

On 28 January, Meritor, Inc. (NYSE:MTOR) said that it is launching a network of Meritor-approved independent commercial vehicle repair shops across the U.S. and Canada. Meritor, Inc. (NYSE:MTOR) has 1.00% insider ownership while its institutional ownership stands at 90.00%. In last trading activity company’s stock closed at $13.52.

JDS Uniphase Corporation (NASDAQ:JDSU) had its price objective trimmed by Barclays from $15.00 to $14.00 in a report released on Friday. Barclays currently has an equal weight rating on the stock. On last trading day JDS Uniphase Corporation (NASDAQ:JDSU) fell -1.56% to close at $12.58. Its volatility for the week is 3.34% while volatility for the month is 3.40%. JDSU’s sales growth for past 5 years was 6.30% and its EPS growth for past 5 years was 54.70%. JDS Uniphase Corporation (NASDAQ:JDSU) monthly performance is -7.23%.


Leave a Reply

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