Announced Jan 30, Citigroup Inc. (NYSE:C)’s loss on a surge in the Swiss franc this month was exacerbated by the bank’s decision to let protections against currency swings lapse a week earlier, according to people with knowledge of the situation. The bank didn’t renew derivatives trades that would have blunted the impact from Switzerland’s surprise move to let the franc rise, said the people, who asked not to be identified discussing the strategy. The company’s losses exceeded $200 million in the hours after the announcement, before traders pared the deficit to closer to $150 million, the people said. On Monday shares of Citigroup Inc. (NYSE:C) closed at $47.72. Company’s sales growth for last 5 years was 5.20% and EPS growth for next 5 years is recorded as 13.00%.
Scorpio Bulkers Inc. (NYSE:SALT) announced that it has closed a previously announced credit facility with a leading European financial institution. On January 30, 2015, the Company closed a previously announced $42,000,000 credit facility with a leading European financial institution to finance a portion of the purchase price of two Kamsarmax vessels (of which one Kamsarmax vessel was recently delivered to the Company from Imabari Shipbuilding Co. Ltd., Japan and one Kamsarmax vessel is under construction at Imabari Shipbuilding Co. Ltd., Japan). The facility may be drawn in two tranches, each of which has a final maturity six years from the date of the respective vessel delivery from the yard. Scorpio Bulkers Inc. (NYSE:SALT) in last trading activity moved up 11.41% to close at $1.66. Company weekly performance is -4.60% while its quarterly performance stands at -65.77%. Scorpio Bulkers Inc. (NYSE:SALT) is -83.93% away from its 52 week high.
On Jan. 29, First Clover Leaf Financial Corp. (NASDAQ:FCLF) announced the approval by its Board of Directors of a cash dividend on its outstanding common stock of $0.06 per share for the quarter ended December 31, 2014. The dividend will be payable to stockholders of record as of February 13, 2015 and is expected to be paid on February 20, 2015. The Company has 7,007,283 shares of common stock outstanding. On last trading day First Clover Leaf Financial Corp. (NASDAQ:FCLF) moved down -0.91% to close at $8.75. Its volatility for the week is 2.81% while volatility for the month is 1.87%. FCLF’s sales growth for past 5 years was -4.30% and its EPS growth for past 5 years was 6.90%. First Clover Leaf Financial Corp. (NASDAQ:FCLF) monthly performance is -3.13%.
Gilead Sciences Inc. (NASDAQ:GILD) is scheduled to announce its fourth-quarter earnings Feb. 3. EARNINGS FORECAST: Net income of $2.20 a share for the fourth quarter is the consensus of analysts surveyed by Thomson Reuters, compared with 47 cents (diluted EPS; non-GAAP diluted EPS was 55 cents) reported a year earlier. The company did not give guidance for per-share earnings for 2014. Gilead Sciences Inc. (NASDAQ:GILD) has 0.40% insider ownership while its institutional ownership stands at 87.80%. In last trading activity company’s stock closed at $106.19.
Autodesk, Inc. (NASDAQ:ADSK) announced that it will broadcast its fourth quarter fiscal 2015 financial results conference call live via its website Thursday, February 26, 2015 at 2:00 p.m. Pacific Time. On last trading day Autodesk, Inc. (NASDAQ:ADSK) moved up 0.19% to close at $54.12. Its volatility for the week is 3.15% while volatility for the month is 2.62%. ADSK’s sales growth for past 5 years was -0.40% and its EPS growth for past 5 years was 4.60%. Autodesk, Inc. (NASDAQ:ADSK) monthly performance is -9.90%.