Market Watch: United States Steel Corp. (NYSE:X), Geron Corporation (NASDAQ:GERN), Great Lakes Dredge & Dock (NASDAQ:GLDD), Life Partners (NASDAQ:LPHI), Hudson City Bancorp (NASDAQ:HCBK)


United States Steel Corp. (NYSE:X)‘s stock had its “under perform”rating reaffirmed by investment analysts at Bank of America in a note issued to investors on Thursday. They currently have a $29.00 target price on the stock, down from their previous target price of $32.00. Bank of America’s price target suggests a potential upside of 1.61% from the stock’s previous close. United States Steel Corp. (NYSE:X) in last trading activity fell -8.39% to close at $26.19. Company weekly performance is -5.49% while its quarterly performance stands at -40.26%. United States Steel Corp. (NYSE:X) is -43.66% away from its 52 week high.

Geron Corporation (NASDAQ:GERN) announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvement Acts of 1976 (HSR Act) in connection with the exclusive worldwide license and collaboration agreement executed by the company on November 13, 2014 with Janssen Biotech, Inc. (Janssen) to develop and commercialize, imetelstat, Geron’s telomerase inhibitor product candidate. On last trading day Geron Corporation (NASDAQ:GERN) fell -4.29% to close at $3.12. Its volatility for the week is 4.66% while volatility for the month is 6.50%. GERN’s sales growth for past 5 years was -14.20% and its EPS growth for past 5 years was 17.60%. Geron Corporation (NASDAQ:GERN) monthly performance is -4.00%.

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) said that it has been awarded two projects, consisting of the New Jersey shore and the Arthur Kill Channel projects, together valued at over $210 million. The projects will be included in the company’s backlog and will help in improving fleet utilization. On last trading day Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) remains unchanged to close at $8.17. Its volatility for the week is 3.35% while volatility for the month is 3.32%. GLDD’s sales growth for past 5 years was 4.50% and its EPS growth for past 5 years was 30.50%. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) monthly performance is 9.96%.

On 3 December Life Partners Holdings, Inc. (NASDAQ:LPHI) and two top executives were ordered to pay a combined $46.9 million for filing false or misleading regulatory reports. Life Partners Holdings, Inc. (NASDAQ:LPHI) has 1.50% insider ownership while its institutional ownership stands at 8.70%. In last trading activity company’s stock closed at $0.74.

Hudson City Bancorp, Inc. (NASDAQ:HCBK) and M&T Bank Corporation (NYSE: MTB) (“M&T”) announced that they have agreed to extend the date after which either party may elect to terminate the Agreement and Plan of Merger dated August 27, 2012, if the merger has not yet been completed from December 31, 2014 to April 30, 2015 pursuant to Amendment No. 3 to the Agreement and Plan of Merger, which has been approved by both the Hudson City and M&T Boards of Directors. The consideration and exchange ratio as provided in the Agreement and Plan of Merger will remain the same. On Monday shares of Hudson City Bancorp, Inc. (NASDAQ:HCBK) closed at $10.09. Company’s sales growth for last 5 years was -12.50% and EPS growth for next 5 years is recorded as 12.40%.


Leave a Reply

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