Morning Movers: Top Ships Inc. (NASDAQ:TOPS), Avon Products Inc. (NYSE:AVP), RELM Wireless Corp. (NYSEMKT:RWC), Google Inc (NASDAQ:GOOG), Dollar Tree (NASDAQ:DLTR)


TOP Ships Inc. (NASDAQ:TOPS) announced that the previously announced sale and leaseback for M/T StenaWeco Energy has been consummated. The net proceeds after the repayment of the vessel’s loan facility and relevant fees and expenses are approximately $7.7 million and will be used to finance part of the Company’s shipyard installments in relation to its newbuilding vessels and for working capital and general corporate purposes. On Tuesday shares of Top Ships Inc. (NASDAQ:TOPS) closed at $1.12. Company’s sales growth for last 5 years was -34.30%.

Avon Products, Inc. (NYSE: AVP) will provide a live webcast of its fourth-quarter and full-year 2014 earnings conference call on Thursday, February 12, 2015, at 9:00 A.M. Eastern time. Avon Products Inc. (NYSE:AVP) in last trading activity increased 7.27% to close at $8.71. Company weekly performance is 10.11% while its quarterly performance stands at -15.76%. Avon Products Inc. (NYSE:AVP) is -44.08% away from its 52 week high.

On January 28, 2015, RELM Wireless Corporation (NYSEMKT:RWC) RELM Communications, Inc., the Registrant’s wholly-owned subsidiary (“RELM Communications”), and Silicon Valley Bank, as lender (“SVB”), amended the Loan and Security Agreement dated as of October 23, 2008, as amended by the First Amendment thereto dated as of October 20, 2010, the Second Amendment thereto dated as of June 22, 2011, and the Third Amendment thereto dated as of December 18, 2012, by and among the Registrant, RELM Communications and SVB (as amended, the “Loan and Security Agreement”), under which the Registrant’s existing $5.0 million secured revolving credit facility is maintained, by entering into the Fourth Amendment to Loan and Security Agreement (the “Fourth Amendment”). On last trading day RELM Wireless Corp. (NYSEMKT:RWC) fell -0.19% to close at $5.29. Its volatility for the week is 8.29% while volatility for the month is 6.43%. RWC’s sales growth for past 5 years was 7.10% and its EPS growth for past 5 years was 21.70%. RELM Wireless Corp. (NYSEMKT:RWC) monthly performance is 9.98%.

Google Inc (NASDAQ:GOOG) is preparing to offer its own ride-hailing service, putting it in direct competition with Uber, Bloomberg News reported, citing a person close to Uber’s board. Google Inc (NASDAQ:GOOG) has 0.19% insider ownership while its institutional ownership stands at 31.90%. In last trading activity company’s stock closed at $529.24.

Dollar Tree Inc. (NASDAQ:DLTR) provided update on the Federal Trade Commission’s or the “FTC” review process of the Company’s pending acquisition of Family Dollar Stores, Inc. (FDO). On last trading day Dollar Tree, Inc. (NASDAQ:DLTR) increased 2.99% to close at $74.39. Its volatility for the week is 2.82% while volatility for the month is 2.74%. DLTR’s sales growth for past 5 years was 11.00% and its EPS growth for past 5 years was 26.50%. Dollar Tree, Inc. (NASDAQ:DLTR) monthly performance is 5.74%.


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