Market Wrap Up: Google Inc (NASDAQ:GOOGL), Big Lots Inc. (NYSE:BIG), CommScope Holding Company (NASDAQ:COMM), WidePoint Corp. (NYSEMKT: WYY), Patrick Industries (NASDAQ:PATK)


Google Inc (NASDAQ:GOOGL) said it plans to roll out child-friendly versions of its most popular products in a bid to be “fun and safe for children”. Google Inc (NASDAQ:GOOGL) in last trading activity decreased -2.67% to close at $528.08. Company weekly performance is -3.82% while its quarterly performance stands at -12.23%. Google Inc (NASDAQ:GOOGL) is -14.14% away from its 52 week high.

Big Lots Inc. (NYSE:BIG) reported a loss from continuing operations of $3.1 million, or $0.06 per share, for the third quarter of fiscal 2014 ended November 1, 2014. This result compares to our guidance of a loss of $0.04 to $0.10 per share affirmed on September 29, 2014 and to an adjusted loss from continuing U.S. operations of $4.1 million, or $0.07 per share (non-GAAP), for the third quarter of fiscal 2013. Net sales from continuing operations for the third quarter of fiscal 2014 increased 0.2% to $1,107.1 million, compared to net sales from continuing U.S. operations of $1,104.9 million for the same period of fiscal 2013. On last trading day Big Lots Inc. (NYSE:BIG) decreased -16.58% to close at $40.00. Its volatility for the week is 4.31% while volatility for the month is 3.06%. BIG’s sales growth for past 5 years was 2.70% and its EPS growth for past 5 years was 2.60%. Big Lots Inc. (NYSE:BIG) monthly performance is -10.09%.

Commscope Holding Company, Inc. (NASDAQ:COMM) SVP Peter U. Karlsson sold 7,500 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $22.10, for a total transaction of $165,750.00. On last trading day CommScope Holding Company, Inc. (NASDAQ:COMM) increased 1.79% to close at $23.83. Its volatility for the week is 3.05% while volatility for the month is 3.09%. COMM’s sales growth for past 5 years was -2.80% and its EPS growth for past 5 years was 15.30%. CommScope Holding Company, Inc. (NASDAQ:COMM) monthly performance is 10.32%.

On 1 December WidePoint Corp. (NYSEMKT: WYY) announced that it has received three new contract awards and one contract expansion from United States Federal government agencies to manage telecommunications assets. WidePoint Corp. (NYSEMKT: WYY) has 0.80% insider ownership while its institutional ownership stands at 19.70%. In last trading activity company’s stock closed at $1.42.

On 10 November Patrick Industries Inc. (NASDAQ:PATK) announced that it has completed the acquisition of the business and certain assets of Bremen, Indiana-based Charleston Corporation (“Charleston”). Charleston is a manufacturer of fiberglass and plastic components primarily used in the recreational vehicle (“RV”), marine, and vehicle aftermarket industries. The Company estimates Charleston’s 2014 annual revenues to be approximately $20 million and expects the acquisition to be accretive to 2015 net income per share. On Friday shares of Patrick Industries Inc. (NASDAQ:PATK) closed at $43.54. Company’s sales growth for last 5 years was 12.80% and EPS growth for next 5 years is recorded as 15.00%.


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