News Buzz: American Airlines NASDAQ:AAL), The Dow Chemical (NYSE:DOW), China Gerui Advanced Materials (NASDAQ:CHOP), Atlas Pipeline Partners. (NYSE:APL), Laporte Bancorp (NASDAQ:LPSB)


Bank of America upgraded shares of American Airlines Group (NASDAQ:AAL) from a neutral rating to a buy rating in a report released on Monday. Bank of America currently has $55.00 price objective on the stock, up from their previous price objective of $46.00. American Airlines Group Inc. (NASDAQ:AAL) in last trading activity advanced 0.79% to close at $48.24. Company weekly performance is 9.26% while its quarterly performance stands at 25.72%. American Airlines Group Inc. (NASDAQ:AAL) is -2.49% away from its 52 week high.

A feud between The Dow Chemical Company (NYSE:DOW) and one of its largest shareholders, an investment firm called Third Point, reportedly has been resolved with a comprehensive agreement to add four new directors to Dow’s Board, according to a company news release on 29 November. On last trading day The Dow Chemical Company (NYSE:DOW) advanced 1.25% to close at $49.42. Its volatility for the week is 2.50% while volatility for the month is 2.34%. DOW’s sales growth for past 5 years was -0.10% and its EPS growth for past 5 years was 42.10%. The Dow Chemical Company (NYSE:DOW) monthly performance is 0.59%.

On 27 November China Gerui Advanced Materials Group Ltd., (NASDAQ:CHOP) a Chinese specialty steelmaker, was sued by an investor for spending more than $230 million on antique porcelain. On last trading day China Gerui Advanced Materials Group Ltd. (NASDAQ:CHOP) decreased -3.90% to close at $2.10. Its volatility for the week is 8.65% while volatility for the month is 14.41%. CHOP’s sales growth for past 5 years was -3.30% and its EPS growth for past 5 years was -15.30%. China Gerui Advanced Materials Group Ltd. (NASDAQ:CHOP) monthly performance is -27.59%.

Atlas Pipeline Partners, L.P. (NYSE:APL) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Tuesday. The firm currently has a $38.60 price objective on the stock. Zacks‘s price objective indicates a potential upside of 12.60% from the stock’s previous close. Atlas Pipeline Partners, L.P. (NYSE:APL) has 1.30% insider ownership while its institutional ownership stands at 54.00%. In last trading activity company’s stock closed at $30.51.

LaPorte Bancorp (NASDAQ:LPSB) Director Lester Charles Lukmann III acquired 6,000 shares of the stock on the open market in a transaction dated Friday, November 28th. The shares were purchased at an average price of $11.76 per share, for a total transaction of $70,560.00. Following the purchase, the director now directly owns 31,289 shares of the company’s stock, valued at approximately $367,959.On Wednesday shares of Laporte Bancorp, Inc. (NASDAQ:LPSB) closed at $11.82. Company’s sales growth for last 5 years was -1.90%.


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