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Morning Alert: Southwest Airlines Co. (NYSE:LUV), Insmed Incorporated (NASDAQ:INSM), Olin Corp. (NYSE:OLN), Media General (NYSE:MEG), AtriCure (NASDAQ:ATRC) - Property Mentor Group

Morning Alert: Southwest Airlines Co. (NYSE:LUV), Insmed Incorporated (NASDAQ:INSM), Olin Corp. (NYSE:OLN), Media General (NYSE:MEG), AtriCure (NASDAQ:ATRC)


On Friday shares of Southwest Airlines Co. (NYSE:LUV) closed at $44.24. Company’s sales growth for last 5 years was 12.40% and EPS growth for next 5 years is recorded as 28.90%. Southwest Airlines Co. (NYSE:LUV) is acknowledging the very practical reasons that we get on planes today with a series of new comical ads and fare sales. The first spot shows a father and son visiting colleges, each one appearing better than previous one in the students’ eyes. The second spot follows a bridesmaid to a number of weddings, each marked with bad dresses and worse dance moves.

Insmed Incorporated (NASDAQ:INSM) in last trading activity advanced 5.29% to close at $20.50. Company weekly performance is -5.96% while its quarterly performance stands at 34.07%. Insmed Incorporated (NASDAQ:INSM) is -9.25% away from its 52 week high. On March 23, Insmed Incorporated (NASDAQ:INSM) announced that Eugene Sullivan, M.D. has joined Insmed as its Chief Medical and Scientific Officer. Dr. Sullivan will report to Will Lewis, President and Chief Executive Officer.

On last trading day Olin Corp. (NYSE:OLN) advanced 14.01% to close at $31.00. Its volatility for the week is 4.78% while volatility for the month is 3.46%. OLN’s sales growth for past 5 years was 7.90% and its EPS growth for past 5 years was -5.30%. Olin Corp. (NYSE:OLN) monthly performance is 9.39%. Olin Corp. (NYSE:OLN) is buying a large part of Dow Chemical’s chlorine business in a deal valued at $5 billion. The deal, the largest in Olin’s 123-year history, will make the company the world’s biggest chlor-alkali producer, while more than tripling its sales.

Media General, Inc. (NYSE:MEG) has 0.10% insider ownership while its institutional ownership stands at 97.60%. In last trading activity company’s stock closed at $16.63. On March 23, Media General, Inc. (NYSE:MEG) said its board of directors has authorized the company to repurchase up to $120 million of its shares. The company, which owns or operates 71 television stations, said it plans to pay for the share repurchase by using cash proceeds from the sale of the Providence, R.I., television station WJAR-TV. The sale was completed last year to meet regulatory requirements for the merger of Media General and LIN Media.

On last trading day AtriCure, Inc. (NASDAQ:ATRC) advanced 0.66% to close at $21.20. Its volatility for the week is 4.13% while volatility for the month is 3.04%. ATRC’s sales growth for past 5 years was 14.60% and its EPS growth for past 5 years was 11.60%. AtriCure, Inc. (NASDAQ:ATRC) monthly performance is 18.24%. Equities researchers at Stifel Nicolaus hoisted their price target on shares of AtriCure (NASDAQ:ATRC) from $22.00 to $25.00 in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 14.26% from the stock’s previous close.


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