Goldman Sachs initiated coverage on shares of ConocoPhillips (NYSE:COP) in a research report released on Monday morning. The firm issued a neutral rating and a $65.00 price objective on the stock. On Tuesday shares of ConocoPhillips (NYSE:COP) closed at $60.87. Company’s sales growth for last 5 years was -18.90% and EPS growth for next 5 years is recorded as 0.52%.
On March 9, Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) reported its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2014. Revenues were $431.2 million, a 94.6% increase from $221.6 million in the fourth quarter of 2013. Net income attributable to Qihoo 360 was $76.8 million, compared to $16.6 million in the fourth quarter of 2013. Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) in last trading activity fell -5.17% to close at $45.16. Company weekly performance is -4.20% while its quarterly performance stands at -28.66%. Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) is -63.50% away from its 52 week high.
On March 04, Sovran Self Storage Inc. (NYSE:SSS) announced the closure of the public offering comprising 1.38 million common shares. Priced at $90.40 per share, the offering reaped a gross proceed of $125 million. On last trading day Sovran Self Storage Inc. (NYSE:SSS) moved up 0.34% to close at $88.95. Its volatility for the week is 1.76% while volatility for the month is 1.81%. SSS’s sales growth for past 5 years was 11.30% and its EPS growth for past 5 years was 27.60%. Sovran Self Storage Inc. (NYSE:SSS) monthly performance is -7.33%.
Covanta Holding Corporation (NYSE:CVA) participated at The Raymond James Institutional Investors Conference in Orlando, FL on Monday, March 2, 2015. Bradford Helgeson, Executive Vice President and CFO, will be speaking at 8:05 AM (Eastern). Covanta Holding Corporation (NYSE:CVA) has 0.90% insider ownership while its institutional ownership stands at 86.20%. In last trading activity company’s stock closed at $20.90.
Reliance Steel & Aluminum Co. (NYSE:RS) announced its Board has approved an executive leadership succession plan. David Hannah has announced his intention to transition from his role as CEO effective May 20, 2015 following Reliance’s Annual Meeting of Shareholders. Gregg Mollins, who currently serves as President and COO of Reliance, will succeed Hannah as President and CEO. On last trading day Reliance Steel & Aluminum Co. (NYSE:RS) fell -5.20% to close at $55.56. Its volatility for the week is 2.87% while volatility for the month is 2.22%. RS’s sales growth for past 5 years was 14.50% and its EPS growth for past 5 years was 18.70%. Reliance Steel & Aluminum Co. (NYSE:RS) monthly performance is 3.33%.