Morning Alert: Whiting Petroleum Corp. (NYSE:WLL), Office Depot (NASDAQ:ODP), BioMed Realty Trust Inc. (NYSE:BMR), Hewlett-Packard Company (NYSE:HPQ), NICE Systems (NASDAQ:NICE)


Per media reports, Whiting Petroleum Corp. (NYSE:WLL) is looking for a buyer and has hired bankers for the same. A weak pricing market is anticipated to be the reason. The news, however, brought good tidings for the company as shares gained nearly 11% on the NYSE. Exploration & production firms like Whiting have seen tough times lately amid the plunge in crude prices. On Tuesday shares of Whiting Petroleum Corp. (NYSE:WLL) closed at $37.24. Company’s sales growth for last 5 years was 26.90% and EPS growth for next 5 years is recorded as -11.17%.

On March 4, Office Depot Inc. (NASDAQ:ODP) said that it is closing its Bristol customer service center as part of its merger with Office Max Inc., laying off about 140 people. In a notice to Virginia officials, the Florida-based office products supplier says the closure will occur between May 22 and March 24, 2016. Office Depot, Inc. (NASDAQ:ODP) in last trading activity fell -0.43% to close at $9.26. Company weekly performance is -2.11% while its quarterly performance stands at 46.52%. Office Depot, Inc. (NASDAQ:ODP) is -5.22% away from its 52 week high.

Biomed Realty Trust (NYSE:BMR)‘s stock had its “hold” rating reissued by investment analysts at MLV & Co in a note issued to investors on Monday. They currently have a $23.00 price objective on the stock. On last trading day BioMed Realty Trust Inc. (NYSE:BMR) moved up 2.00% to close at $21.38. Its volatility for the week is 2.91% while volatility for the month is 2.07%. BMR’s sales growth for past 5 years was 13.30% and its EPS growth for past 5 years was 16.80%. BioMed Realty Trust Inc. (NYSE:BMR) monthly performance is -6.56%.

The new Cloudline systems, developed with Foxconn, target Web-scale companies while pushing back at the encroachment by ODMs into the data center.Hewlett-Packard Company (NYSE:HPQ) last year announced a partnership with contract manufacturer Foxconn to build open, low-cost servers for cloud environments that would enable the tech giant to push back at the encroachment of white-box makers in the data center. HP on March 10 unveiled the first fruits of the Foxconn partnership, announcing a new family of basic, low-cost servers under the Cloudline name. On Tuesday shares of Hewlett-Packard Company (NYSE:HPQ) closed at $32.67. Company’s sales growth for last 5 years was -0.50% and EPS growth for next 5 years is recorded as 4.26%.

On March 5, NICE Systems Ltd. (NASDAQ:NICE) announced that it is the winner of three Stevie Awards for its contribution to sales, contact center and customer service operations. NICE was recognized for its ‘New Products and Services’ at a ceremony that took place in Las Vegas on February 27. On last trading day NICE Systems Ltd. (NASDAQ:NICE) fell -1.60% to close at $59.47. Its volatility for the week is 1.49% while volatility for the month is 1.69%. NICE’s sales growth for past 5 years was 8.70% and its EPS growth for past 5 years was 6.80%. NICE Systems Ltd. (NASDAQ:NICE) monthly performance is 10.87%.


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