Morgan Stanley assumed coverage on shares of IAC/InterActiveCorp (NASDAQ:IACI) in a research note issued to investors on Wednesday, TheFlyOnTheWall.comreports. The firm issued an underweight rating and a $48.00 price target on the stock. On Wednesday shares of IAC/InterActiveCorp (NASDAQ:IACI) closed at $68.46. Company’s sales growth for last 5 years was 18.20% and EPS growth for next 5 years is recorded as 7.67%.
Ericsson (NASDAQ:ERIC) and Telefonica have announced that they will continue a partnership aimed at transforming the latter’s global networks, extending an agreement originally reached between the two companies back in 2013. With a view to ‘executing on the results that [the initial deal] provided’, a press release confirming the extended partnership noted that the focus of the partnership is on network transformation, including finishing an ongoing network virtualisation total cost of ownership (TCO) study. On Wednesday shares of Ericsson (NASDAQ:ERIC) closed at $12.82. Company’s sales growth for last 5 years was 2.00% and EPS growth for next 5 years is recorded as 8.25%.
The Board of Directors of NewMarket Corporation (NYSE:NEU) declared a quarterly dividend in the amount of $1.40 per share on the common stock of the Corporation. The dividend is payable April 1, 2015 to NewMarket shareholders of record at the close of business on March 16, 2015. On last trading day NewMarket Corporation (NYSE:NEU) moved down -0.55% to close at $469.47. Its volatility for the week is 1.26% while volatility for the month is 1.51%. NEU’s sales growth for past 5 years was 8.80% and its EPS growth for past 5 years was 11.60%. NewMarket Corporation (NYSE:NEU) monthly performance is 5.10%.
On February 27, it was reported that, Clayton Williams Energy, Inc. (NYSE:CWEI) provided insight on its plans for 2015 and an update on its Eagle Ford and Delaware Basin operations. The Company announced that its strategy for 2015 is to preserve the Company’s ability to resume long term production growth once crude oil prices recover. In the current low price environment, the Company has little incentive to accelerate oil production by continuing with non-essential drilling operations. Clayton Williams Energy, Inc. (NYSE:CWEI) has 0.20% insider ownership while its institutional ownership stands at 47.60%. In last trading activity company’s stock closed at $46.53.
On March 2, Revance Therapeutics, Inc. (NASDAQ:RVNC) announced financial results for the fourth quarter and full year ended December 31, 2014. For the full year ended December 31, 2014, the company’s loss from operations was $52.1 million. Cash and cash equivalents as of December 31, 2014 were $171.0 million. On last trading day Revance Therapeutics, Inc. (NASDAQ:RVNC) increased 2.80% to close at $15.44. Its volatility for the week is 6.25% while volatility for the month is 4.51%. Revance Therapeutics, Inc. (NASDAQ:RVNC) monthly performance is -2.15%.