Shining on Major News: Chesapeake Energy Corporation (NYSE:CHK), Cliffs Natural Resources Inc. (NYSE:CLF), ManTech International Corporation (NASDAQ:MANT), Compugen (NASDAQ:CGEN), Spark Networks (NYSEMKT:LOV)


On Wednesday shares of Chesapeake Energy Corporation (NYSE:CHK) closed at $14.72. Company’s sales growth for last 5 years was 22.20%. Chesapeake Energy Corporation (NYSE:CHK) on Wednesday reported a net loss of nearly $3.8 billion in the first quarter, driven down by an almost $5 billion non-cash impairment charge related to the price of oil. The net loss translates into a loss of $5.72 per share, down from a profit of $374 million, or 54 cents a share, in the first quarter of 2014. Adjusted for one-time expenses, the company earned $42 million, or 11 cents a share, down from $405 million, or 59 cents a share, in the year-ago quarter.

Cliffs Natural Resources Inc. (NYSE:CLF) in last trading activity decreased -0.15% to close at $6.57. Company weekly performance is 21.44% while its quarterly performance stands at 4.12%. Cliffs Natural Resources Inc. (NYSE:CLF) is -63.50% away from its 52 week high. Cliffs Natural Resources Inc. (NYSE:CLF) said Tuesday it will eliminate 95 management positions at five U.S. iron ore operations. Three of those operations are in northern Minnesota.

On last trading day ManTech International Corporation (NASDAQ:MANT) moved up 0.49% to close at $28.88. Its volatility for the week is 3.01% while volatility for the month is 1.82%. MANT’s sales growth for past 5 years was -2.60% and its EPS growth for past 5 years was -16.40%. ManTech International Corporation (NASDAQ:MANT) monthly performance is -14.63%. The U.S. Army has given ManTech International Corporation (NASDAQ:MANT) an indefinite-delivery/indefinite-quantity contract to provide global intelligence support services. The award is one of 11 such contracts from given to industry by INSCOM, or the Army’s Intelligence and Security Command. It has a one-year base period of performance with four option years. The total potential value of the contracts is $5 billion.

Compugen Ltd. (NASDAQ:CGEN) has 10.04% insider ownership while its institutional ownership stands at 18.20%. In last trading activity company’s stock closed at $6.70. Zacks lowered shares of Compugen Ltd. (NASDAQ:CGEN)from a hold rating to a sell rating in a research report released on Wednesday morning.

On last trading day Spark Networks, Inc. (NYSEMKT:LOV) decreased -3.80% to close at $3.80. Its volatility for the week is 8.50% while volatility for the month is 3.55%. LOV’s sales growth for past 5 years was 6.30% and its EPS growth for past 5 years was 30.60%. Spark Networks, Inc. (NYSEMKT:LOV) monthly performance is -5.71%. Spark Networks Inc. (NYSEMKT:LOV) on Wednesday reported first-quarter net income of $723,000, after reporting a loss in the same period a year earlier. On a per-share basis, the Los Angeles-based company said it had net income of 3 cents. The online dating company posted revenue of $13.5 million in the period.


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