International Business Machines Corporation (NYSE:IBM) is introducing new storage software as the company tries to boost sales for higher-margin technology products. International Business Machines Corp.’s new portfolio, called IBM Spectrum Storage, lets customers use a single dashboard to manage massive amounts of information across existing storage infrastructure, including data centers and the cloud. On Wednesday shares of International Business Machines Corporation (NYSE:IBM) closed at $162.19. Company’s sales growth for last 5 years was -0.60% and EPS growth for next 5 years is recorded as 4.51%.
Catalyst Pharmaceutical Partners Inc. (NASDAQ:CPRX) will double the size of its Coral Gables office as it moves toward the release of its rare-disease drug Firdapse. The company just completed a $37.4 million equity financing and will hire more than 20 people in South Florida this year. Catalyst Pharmaceutical Partners Inc. (NASDAQ:CPRX) in last trading activity increased 5.09% to close at $3.51. Company weekly performance is 3.54% while its quarterly performance stands at 31.95%. Catalyst Pharmaceutical Partners Inc. (NASDAQ:CPRX) is -11.59% away from its 52 week high.
On February 12, Pinnacle Entertainment, Inc. (NYSE:PNK) reported financial results for the fourth quarter and full year stopped December 31, 2014. 2014 Fourth Quarter Highlights: Net revenues increased by $19.3 million or 3.6% year over year to $554.3 million. Consolidated Adjusted EBITDA increased by $9.0 million or 6.4% year over year to $149.5 million, and was negatively impacted by $2.5 million of unusual expense items related to severance and Lake Charles team member retention program costs. On last trading day Pinnacle Entertainment Inc. (NYSE:PNK) increased 0.86% to close at $25.95. Its volatility for the week is 2.59% while volatility for the month is 3.19%. PNK’s sales growth for past 5 years was 18.40% and its EPS growth for past 5 years was 21.00%. Pinnacle Entertainment Inc. (NYSE:PNK) monthly performance is 15.33%.
Tesoro Corporation (NYSE:TSO) said Tuesday that it will spend almost $400 million on two projects at its Anacortes, Washington, refinery. Locally based Tesoro said its board approved plans to spend $90 million on an isomerization project that will enhance its ability to produce clean projects and help it comply with expected regulations to reduce sulfur in gasoline. Tesoro Corporation (NYSE:TSO) has 0.60% insider ownership while its institutional ownership stands at 98.40%. In last trading activity company’s stock closed at $87.09.
The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 30 cents per common share, payable on May 6, 2015, to shareholders of record at the close of business on April 20, 2015. The Company has approximately 59 million shares outstanding. On last trading day Graco Inc. (NYSE:GGG) increased 0.05% to close at $75.26. Its volatility for the week is 1.34% while volatility for the month is 1.85%. GGG’s sales growth for past 5 years was 16.10% and its EPS growth for past 5 years was 35.10%. Graco Inc. (NYSE:GGG) monthly performance is -0.79%.