On Thursday, Pinnacle Entertainment Inc. (NYSE:PNK) joined the parade. The regional casino operator announced that it will seek approval from the Internal Revenue Service to split into two public companies, one of which would be a REIT holding its real estate. Pinnacle Entertainment Inc. (NYSE:PNK) in last trading activity fell -9.44% to close at $23.22. Company weekly performance is -8.15% while its quarterly performance stands at 5.02%. Pinnacle Entertainment Inc. (NYSE:PNK) is -15.41% away from its 52 week high.
Molycorp, Inc. (NYSE:MCP) announced financial and operating results for the third quarter 2014. The Company reported consolidated net revenues in the third quarter of 2014 of $123.9 million, a 6% increase over the preceding quarter. Product sales volume in the quarter was 3,356 metric tons (mt), a 12% sequential increase, at an average selling price (“ASP”) of $36.93/kg, a 5% decrease over the preceding quarter’s ASP of $39.02/kg. On last trading day Molycorp, Inc. (NYSE:MCP) fell -9.22% to close at $1.28. Its volatility for the week is 7.22% while volatility for the month is 8.57%. MCP’s sales growth for past 5 years was 205.00% and its EPS growth for past 5 years was -42.40%. Molycorp, Inc. (NYSE:MCP) monthly performance is -20.50%.
In company news, Energy XXI Bermuda Ltd. (NASDAQ:EXXI) was falling Thursday after the oil and gas company swung to a fiscal Q1 net loss as well, trailing Wall Street estimates while also posting quarterly revenue lagging the Street view. Net loss for the quarter was $9.3 million, or a $0.10 per share, reversing $40.3 million in net income during the same quarter last year and surprising analysts who had looking for EXXI to record a $0.07 per share profit. On last trading day Energy XXI (Bermuda) Limited (NASDAQ:EXXI) fell -6.39% to close at $6.45. Its volatility for the week is 9.73% while volatility for the month is 12.22%. EXXI’s sales growth for past 5 years was 23.20% and its EPS growth for past 5 years was 15.20%. Energy XXI (Bermuda) Limited (NASDAQ:EXXI) monthly performance is -35.82%.
Talent management software provider Cornerstone OnDemand, Inc. (NASDAQ:CSOD) announced results for its quarter ended September 30, 2014. Revenue for the third quarter of 2014 was $68.3 million, representing a 42% increase compared to the same period in 2013. Bookings, which the Company defines as revenue plus the change in deferred revenue for the period, were $82.1 million for the third quarter of 2014, representing a 31% increase compared to the same period in 2013.1 Bookings for the first nine months of 2014 were $201.8 million, representing a 37% increase compared to the same period in 2013.1 Deferred revenue at September 30, 2014 was $153.5 million, representing a 41% increase compared to the balance at September 30, 2013. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has 7.60% insider ownership while its institutional ownership stands at 95.20%. In last trading activity company’s stock closed at $27.55.
Web.com Group Inc. (NASDAQ:WWWW) released its earnings data on Wednesday, November 5th. The company reported $0.63 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.61 by $0.02. The company had revenue of $137.40 million for the quarter, compared to the consensus estimate of $143.70 million. During the same quarter last year, the company posted $0.55 earnings per share. Web.com Group’s revenue was up 6.7% compared to the same quarter last year. Analysts expect that Web.com Group will post $2.46 EPS for the current fiscal year. On Thursday shares of Web.com Group, Inc. (NASDAQ:WWWW) closed at $14.72. Company’s sales growth for last 5 years was 32.60% and EPS growth for next 5 years is recorded as 15.67%.