Morning Alert: Steven Madden, (NASDAQ:SHOO), Ally Financial Inc. (NYSE:ALLY), Churchill Downs Inc. (NASDAQ:CHDN), Taylor Morrison Home Corporation (NYSE:TMHC), SeaChange International (NASDAQ:SEAC)


On 9 January Steven Madden, Ltd. (NASDAQ:SHOO) announced preliminary sales results for the fourth quarter and fiscal year ended December 31, 2014 and updated its fiscal year 2014 EPS guidance. On Monday shares of Steven Madden, Ltd. (NASDAQ:SHOO) closed at $33.97. Company’s sales growth for last 5 years was 23.50% and EPS growth for next 5 years is recorded as 11.10%.

On 5 January Ally Financial Inc. (NYSE:ALLY) announced that it completed the sale of its 40 percent interest in the China joint venture SAIC-GMAC Automotive Finance Company Limited (formerly known as GMAC-SAIC Automotive Finance Company Limited) to General Motors Financial Company, Inc. and GMAC UK PLC, each wholly-owned subsidiaries of General Motors Co. Ally received a payment of approximately $1 billion for the transaction and expects to record an after-tax gain of approximately $400 million in the first quarter of 2015 related to this transaction. Ally Financial Inc. (NYSE:ALLY) in last trading activity decreased -5.49% to close at $22.57. Company weekly performance is -3.75% while its quarterly performance stands at 8.15%. Ally Financial Inc. (NYSE:ALLY) is -19.10% away from its 52 week high.

Zacks upgraded shares of Churchill Downs Inc. (NASDAQ:CHDN) from an underperform rating to a neutral rating in a research note issued to investors on Wednesday. The firm currently has $96.60 price target on the stock. On last trading day Churchill Downs Inc. (NASDAQ:CHDN) decreased -0.48% to close at $93.97. Its volatility for the week is 2.15% while volatility for the month is 2.09%. CHDN’s sales growth for past 5 years was 10.80% and its EPS growth for past 5 years was 8.00%. Churchill Downs Inc. (NASDAQ:CHDN) monthly performance is 0.96%.

Taylor Morrison Home Corporation (NYSE:TMHC) announced details on homes it will offer in Woodson’s Reserve, a new community being developed by Toll Brothers in the north Houston market. Taylor Morrison Home Corporation (NYSE:TMHC) has 14.46% insider ownership while its institutional ownership stands at 85.60%. In last trading activity company’s stock closed at $19.58.

SeaChange International, Inc. (NASDAQ:SEAC) announced that Jay Samit, Chief Executive Officer, will participate in Noble Financial Capital Markets’ 11 Annual Equity Conference (Jan. 18-21, Sandpiper Bay, Florida). Mr. Samit’s January 19 conference presentation will be available live via video webcast. On last trading day SeaChange International, Inc. (NASDAQ:SEAC) advanced 0.15% to close at $6.62. Its volatility for the week is 3.87% while volatility for the month is 4.15%. SEAC’s sales growth for past 5 years was -2.00% and its EPS growth for past 5 years was -16.80%. SeaChange International, Inc. (NASDAQ:SEAC) monthly performance is 21.92%.


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