PhotoMedex, Inc. (NASDAQ:PHMD) announces the sale of its LCA-Vision subsidiary to Vision Acquisition, LLC for $40 million in cash. Excluding working capital adjustments and professional fees, PhotoMedex will realize net proceeds of approximately $35.3 million. The Company’s secured creditors as well as its board of directors have approved this transaction, which closed effective as of January 31, 2015. LCA-Vision operates 59 LasikPlus® vision centers in the U.S., including 51 full-service LasikPlus fixed-site laser vision correction centers and eight pre- and post-operative LasikPlus® satellite centers. On Tuesday shares of PhotoMedex, Inc. (NASDAQ:PHMD) closed at $1.62. Company’s sales growth for last 5 years was 45.20% and EPS growth for next 5 years is recorded as 15.00%.
Scotia Howard Weil lowered their price target on shares of Halcon Resources Corp (NYSE:HK) from $3.00 to $2.00 in a research note issued on Monday. The firm currently has a “sector perform” rating on the stock. Scotia Howard Weil’s target price suggests a potential upside of 30.72% from the company’s current price. Halcon Resources Corporation (NYSE:HK) in last trading activity increased 13.73% to close at $1.74. Company weekly performance is 18.37% while its quarterly performance stands at -44.05%. Halcon Resources Corporation (NYSE:HK) is -76.80% away from its 52 week high.
National Oilwell Varco, Inc. (NYSE:NOV) reported that for its fourth quarter ended December 31, 2014, it earned net income from continuing operations of $595 million, or $1.39 per fully diluted share, compared to net income from continuing operations of $699 million, or $1.62 per fully diluted share in the third quarter of 2014 and $627 million, or $1.46 per fully diluted share in the fourth quarter of 2013. On last trading day National Oilwell Varco, Inc. (NYSE:NOV) moved down -4.10% to close at $54.08. Its volatility for the week is 5.79% while volatility for the month is 3.73%. NOV’s sales growth for past 5 years was 11.20% and its EPS growth for past 5 years was 2.10%. National Oilwell Varco, Inc. (NYSE:NOV) monthly performance is -17.42%.
On Jan. 30, Ellington Financial LLC (NYSE: EFC) announced that it will release financial results for the quarter ended December 31, 2014 after market close on Wednesday, February 11, 2015. Ellington Financial LLC (NYSE:EFC) has 1.50% insider ownership while its institutional ownership stands at 55.30%. In last trading activity company’s stock closed at $21.18.
W. R. Berkley Corp. (NYSE:WRB) reported fourth-quarter net income to shareholders of $110.71 million or $0.83 per share, compared to $130.38 million or $0.93 per share, prior year. Operating earnings per share was $0.73, for the quarter. On Tuesday shares of W.R. Berkley Corporation (NYSE:WRB) closed at $49.92. Company’s sales growth for last 5 years was 6.40% and EPS growth for next 5 years is recorded as 7.30%.