Oasis Petroleum Inc. (NYSE:OAS) was downgraded by equities researchers at SunTrust from a “buy” rating to a “neutral” rating in a research report issued on Monday. They currently have a $15.00 price objective on the stock, down from their previous price objective of $33.00. SunTrust’s price objective indicates a potential upside of 24.69% from the stock’s previous close. Oasis Petroleum Inc. (NYSE:OAS) in last trading activity moved up 5.24% to close at $12.66. Company weekly performance is -19.62% while its quarterly performance stands at -72.67%. Oasis Petroleum Inc. (NYSE:OAS) is -78.21% away from its 52 week high.
On 4 December GlaxoSmithKline plc (NYSE:GSK) said that it will cut 900 jobs in North Carolina as part of the U.K. drugmaker’s plan to reduce costs by 1 billion pounds ($1.57 billion). On last trading day GlaxoSmithKline plc (NYSE:GSK) decreased -3.18% to close at $44.11. Its volatility for the week is 1.15% while volatility for the month is 0.83%. GSK’s sales growth for past 5 years was 1.70% and its EPS growth for past 5 years was 4.70%. GlaxoSmithKline plc (NYSE:GSK) monthly performance is -1.78%.
Nordic American Offshore Ltd. (NYSE:NAO) announced the purchase of 198,624 shares in Nordic American Offshore Ltd. (NYSE: NAO), increasing the NAT shareholding in NAO from 4,008,764 to 4,207,388 shares or from 17.1% to 18% ownership. The shares were bought in the open market Friday November 28, 2014 at an average price of $12.89 per share. NAO has 23,431,370 shares in issue. On last trading day Nordic American Offshore Ltd. (NYSE:NAO) decreased -4.40% to close at $10.44. Its volatility for the week is 5.98% while volatility for the month is 5.24%. Nordic American Offshore Ltd. (NYSE:NAO) monthly performance is -31.32%.
On 10 November Ascent Capital Group, Inc. (NASDAQ:ASCMA) released its earnings data on Monday. The company reported ($0.82) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.52) by $0.30. The company had revenue of $136.03 million for the quarter, compared to the consensus estimate of $137.40 million. Ascent Capital Group, Inc. (NASDAQ:ASCMA) has 2.40% insider ownership while its institutional ownership stands at 94.80%. In last trading activity company’s stock closed at $55.39.
On 28 November Teekay Offshore Partners LP (NYSE:TOO) announced that it has agreed to issue 6.70 million common units to a group of institutional investors for proceeds of approximately $175.0 million (excluding the Partnership’s general partner’s proportionate capital contribution). The common units are being registered pursuant to a registration statement on Form F-3 previously filed and declared effective by the Securities and Exchange Commission.
On Tuesday shares of Teekay Offshore Partners LP (NYSE:TOO) closed at $23.70. Company’s sales growth for last 5 years was -1.50% and EPS growth for next 5 years is recorded as 6.00%.