Investor’s pick: SINA Corporation (NASDAQ:SINA), Ariad Pharmaceuticals Inc. (NASDAQ:ARIA), Cardinal Financial Corp. (NASDAQ:CFNL), FTI Consulting (NYSE:FCN), Oi SA (ADR) (NYSE:OIBR)


SINA Corporation (NASDAQ:SINA) had its price target trimmed by JPMorgan Chase & Co. from $92.00 to $53.00 in a research report sent to investors on Monday morning. The firm currently has an overweight rating on the stock. On Friday shares of SINA Corporation (NASDAQ:SINA) closed at $36.97. Company’s sales growth for last 5 years was 12.50% and EPS growth for next 5 years is recorded as 21.24%.

On 22 January Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) announced the appointment of Thomas J. DesRosier Esq. to the position of executive vice president chief legal and administration officer and secretary. Mr. DesRosier will be responsible for global legal operations information technology and other administrative functions. He will report to ARIAD’s chairman and chief executive officer Harvey J. Berger M.D. Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) has 0.90% insider ownership while its institutional ownership stands at 67.00%. In last trading activity company’s stock closed at $6.10.

Cardinal Financial Corp. (NASDAQ:CFNL) announced that its Board of Directors has increased its quarterly cash dividend to $0.11 per share, up $0.01 or 10%, from the prior quarter. This dividend will be paid on February 23, 2015 to shareholders of record as of the close of business on February 5, 2015. Cardinal Financial Corp. (NASDAQ:CFNL) has 0.90% insider ownership while its institutional ownership stands at 89.10%. In last trading activity company’s stock closed at $18.22.

On 20 January FTI Consulting, Inc. (NYSE:FCN) announced that the Board of Directors elected Mark S. Bartlett as a director of the Company. FTI Consulting, Inc. (NYSE:FCN) has 0.20% insider ownership. In last trading activity company’s stock closed at $40.29.

On 19 January Oi SA (ADR) (NYSE:OIBR) said it would retain 400 million euros ($460 million) of debt issued by merger partner Portugal Telecom SGPS in a proposed sale of Portuguese assets to Altice SA. On last trading day Oi SA (ADR) (NYSE:OIBR) moved down -3.45% to close at $2.80. Its volatility for the week is 25.40%. OIBR’s EPS growth for past 5 years was -27.00%.


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