Top Morning News: Bankrate (NYSE:RATE), Biogen Idec Inc. (NASDAQ:BIIB), EMC Corporation (NYSE:EMC), ArcelorMittal SA (ADR) (NYSE:MT), Comstock Resources Inc. (NYSE:CRK)


On 2 March 2015, Bankrate, Inc. (NYSE:RATE) reported that as per a new Bankrate.com survey report, high medical expenses are Americans’ biggest financial worry about retirement. Data collected by Princeton Survey Research Associates International for the Bankrate’s poll revealed that the highest-income households (over $75,000 per year) are more concerned about high medical expenses than the overall population. On Friday shares of Bankrate, Inc. (NYSE:RATE) closed at $12.72. Company’s sales growth for last 5 years was 22.30% and EPS growth for next 5 years is recorded as 18.00%.

Biogen Idec Inc (NASDAQ:BIIB) and Swedish Orphan Biovitrum AB (SOBI.ST) announced the positive top-line results of Phase 3 clinical study of Kids B-LONG that evaluated the safety, efficacy and the pharmacokinetics of ALPROLIX® [Coagulation Factor IX (Recombinant), Fc Fusion Protein] in children under the age 12 with severe hemophilia B. Biogen Idec Inc. (NASDAQ:BIIB) in last trading activity decreased -1.87% to close at $417.63. Company weekly performance is 1.96% while its quarterly performance stands at 20.24%. Biogen Idec Inc. (NASDAQ:BIIB) is -1.90% away from its 52 week high.

AVEVA announced on 2 March 2015, that it has collaborated with EMC Corporation (NYSE:EMC)’s Enterprise Content Division to deliver an integrated software solution for the management and control of engineering data and associated documents. On last trading day EMC Corporation (NYSE:EMC) fell -1.29% to close at $27.65. Its volatility for the week is 1.45% while volatility for the month is 1.69%. EMC’s sales growth for past 5 years was 11.70% and its EPS growth for past 5 years was 20.00%. EMC Corporation (NYSE:EMC) monthly performance is 3.02%.

ArcelorMittal SA (NYSE:MT) has been given a “BB+” credit rating by analysts at Morningstar. The firm’s “BB+” rating suggests that the company is an above-average default risk. They also gave their stock a five star rating. ArcelorMittal SA (ADR) (NYSE:MT) has institutional ownership stands at 3.60%. In last trading activity company’s stock closed at $10.68.

Comstock Resources Inc. (NYSE:CRK) announced the pricing of secured notes worth $700 million. The notes, which are due to mature in 2020, carry an interest rate of 10%. The offering is likely to close on Mar 13, 2015. On last trading day Comstock Resources Inc. (NYSE:CRK) decreased -3.37% to close at $4.88. Its volatility for the week is 8.58% while volatility for the month is 9.84%. CRK’s sales growth for past 5 years was 13.70% and its EPS growth for past 5 years was -8.70%. Comstock Resources Inc. (NYSE:CRK) monthly performance is -11.11%.


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