On Friday shares of Alcoa Inc. (NYSE:AA) closed at $13.54. Company’s sales growth for last 5 years was 5.30% and EPS growth for next 5 years is recorded as 11.38%. On May 11, 2015, Alcoa Inc. (NYSE:AA) announced that its majority-owned subsidiary, Alcoa of Australia Limited (AofA), will permanently close the Anglesea coal mine and power station on August 31, 2015. The Anglesea power station previously supplied approximately 40 percent of the power needs for the Point Henry smelter, which AofA closed in August 2014. The decision to permanently close the Anglesea coal mine and power station was based on the following factors: the sale process did not result in a sale; and there would be imminent operating costs and financial constraints related to this site in the remainder of 2015 and beyond, including significant costs to source coal from available resources, necessary maintenance costs, and a depressed outlook for forward electricity prices.
Cheetah Mobile Inc. (NYSE:CMCM) in last trading activity moved up 5.82% to close at $30.53. Company weekly performance is 35.15% while its quarterly performance stands at 51.14%. Cheetah Mobile Inc. (NYSE:CMCM) is -0.78% away from its 52 week high. Cheetah Mobile Inc. (NYSE:CMCM) announced that it plans to release its first quarter 2015 financial results on Tuesday, May 19, 2015 before market opens. The Company will hold a conference call on Tuesday, May 19, 2015 at 8:00 am Eastern Time or 8:00 pm Beijing Time to discuss the financial results.
AOL Inc. (NYSE:AOL) in last trading activity fell -0.22% to close at $50.64. Company weekly performance is 16.63% while its quarterly performance stands at 21.21%. AOL Inc. (NYSE:AOL) is -0.35% away from its 52 week high. On May 12, it was reported that, AOL Inc. (NYSE:AOL) will shed a portion of its Dulles campus as it plans to sell itself to telecommunications giant Verizon Communications for $4.4 billion. The transactions could accelerate the company’s diminishing presence in Northern Virginia, where it was once one of Loudoun County’s largest employers.
Imprimis Pharmaceuticals, Inc. (NASDAQ:IMMY) has 12.90% insider ownership while its institutional ownership stands at 11.20%. In last trading activity company’s stock closed at $8.07. On May 13, it was reported that, Imprimis Pharmaceuticals, Inc. (NASDAQ:IMMY) has entered into a loan agreement with IMMY Funding LLC, an affiliate of Life Sciences Alternative Funding LLC (LSAF), a leading provider of debt capital to fund growth for commercial-stage life sciences companies. The agreement provides Imprimis with up to $15 million of available borrowing capacity.
On last trading day ARM Holdings plc (NASDAQ:ARMH) fell -1.52% to close at $51.80. Its volatility for the week is 1.73% while volatility for the month is 1.81%. ARMH’s sales growth for past 5 years was 21.10% and its EPS growth for past 5 years was 42.10%. ARM Holdings plc (NASDAQ:ARMH) monthly performance is 1.72%. RBC Capital reiterated their outperform rating on shares of ARM Holdings plc (NASDAQ:ARMH) in a research note released on Friday morning. They currently have a GBX 1,330 ($20.54) target price on the stock.