On Nov. 25, MGM Resorts International (NYSE:MGM) announced that it has completed its previously announced issuance of $1.15 billion in aggregate principal amount of 6% senior unsecured notes due 2023, which were issued at par, and its issuance of $100 million in aggregate principal amount of additional 6% senior unsecured notes due 2023, which were issued at 100.75%. MGM Resorts International (NYSE:MGM) in last trading activity advanced 0.04% to close at $22.82. Company weekly performance is 2.84% while its quarterly performance stands at -8.21%. MGM Resorts International (NYSE:MGM) is -20.63% away from its 52 week high.
Staples, Inc. (NASDAQ:SPLS) on Nov 19, said it would close more stores this year, after sales continued to slide during the office supplier’s key back-to-school selling season. The company also warned that it could lose money dealing with a possible card-data breach disclosed in October. On last trading day Staples, Inc. (NASDAQ:SPLS) fell -1.21% to close at $13.92. Its volatility for the week is 2.21% while volatility for the month is 2.49%. SPLS’s sales growth for past 5 years was 0.00% and its EPS growth for past 5 years was -1.10%. Staples, Inc. (NASDAQ:SPLS) monthly performance is 12.62%.
On Nov. 18, Vipshop Holdings Limited (NYSE:VIPS) announced its unaudited financial results for the quarter ended September 30, 2014. Total net revenues increased by 130.0% year over year to US$882.6 million, primarily attributable to a 136.8% year-over-year increase in the number of active customers to 9.5 million and a 117.6% year-over-year increase in total orders to 25.5 million. On last trading day Vipshop Holdings Limited (NYSE:VIPS) advanced 4.37% to close at $22.94. Its volatility for the week is 4.43% while volatility for the month is 4.86%. Vipshop Holdings Limited (NYSE:VIPS) monthly performance is 5.23%.
On Nov 12, Allied Motion Technologies Inc. (NASDAQ:AMOT) announced net income increased 394% to $4,115,000 or $0.45 per diluted share for the quarter ended September 30, 2014 compared to $833,000 or $0.09 per diluted share for the quarter ended September 30, 2013. Revenues for the quarter increased 162% to $65,280,000 compared to $24,876,000 last year with sales to U.S. customers up 233% and foreign sales up 81%. Allied Motion Technologies Inc. (NASDAQ:AMOT) has 12.70% insider ownership while its institutional ownership stands at 17.90%. In last trading activity company’s stock closed at $21.19.
Corning (NYSE:GLW) was upgraded by equities researchers at Standpoint Research from a “hold” rating to a “buy” rating in a research report issued on Monday. The firm currently has a $28.00 target price on the stock. Standpoint Research’s target price indicates a potential upside of 34.62% from the company’s current price. On Wednesday shares of Corning Inc. (NYSE:GLW) closed at $21.07. Company’s sales growth for last 5 years was 5.60% and EPS growth for next 5 years is recorded as 13.50%.