Traders Are Watching: CymaBay Therapeutics Inc. (NASDAQ:CBAY), Johnson & Johnson (NYSE:JNJ), American Express (NYSE:AXP), Rose Rock Midstream (NYSE:RRMS), Extra Space Storage (NYSE:EXR)


On Wednesday shares of CymaBay Therapeutics Inc. (NASDAQ:CBAY) closed at $2.87. On 8 May, CymaBay Therapeutics, Inc. (NASDAQ:CBAY) reported Q1 results. The company said, Net loss for the three months ended March 31, 2015 was $2.3 million compared to $10.1 million for three months ended March 31, 2014. The difference in net loss between these periods was primarily due to a non-cash gain of $4.6 million for the three months ended March 31, 2015 compared to a non-cash loss of $4.8 million for the three months ended March 31, 2014, from the mark to market valuation of CymaBay’s warrant liability.

On Wednesday shares of Johnson & Johnson (NYSE:JNJ) closed at $100.55. Company’s sales growth for last 5 years was 3.70% and EPS growth for next 5 years is recorded as 5.13%. Johnson & Johnson (NYSE:JNJ) and Actavis plc (NYSE:ACT) have been cleared of any wrongdoing after being accused of not doing enough to warn patients of addiction risks posed by their prescription pain killers on sale. However, Purdue Pharma will have to make its case after a U.S District Court concluded it had a case to answer on the same issue.

On last trading day American Express Company (NYSE:AXP) advanced 0.99% to close at $79.86. Its volatility for the week is 1.27% while volatility for the month is 1.24%. AXP’s sales growth for past 5 years was 6.20% and its EPS growth for past 5 years was 29.40%. American Express Company (NYSE:AXP) monthly performance is 0.47%. American Express Co (NYSE:AXP) approved the repurchase of up to 150 million common shares, from time to time, subject to market conditions and the Federal Reserve’s non-objection of the company’s capital plans. This authorization replaces the prior 150 million share repurchase program that had approximately 45 million shares of common stock remaining under board authorization.

Rose Rock Midstream, L.P. (NYSE:RRMS) has 0.30% insider ownership while its institutional ownership stands at 32.10%. In last trading activity company’s stock closed at $50.81. Rose Rock Midstream LP (NYSE:RRMS) said May 11 it has priced its offering of senior unsecured notes due 2023. The offering was increased to $350 million in aggregate principal amount from $300 million. The notes were priced at 98.345% of par to yield 5.875%. Proceeds will be used to repay amounts borrowed under its revolving credit facility and for general partnership purposes.

On last trading day Extra Space Storage Inc. (NYSE:EXR) decreased -0.52% to close at $68.55. Its volatility for the week is 2.76% while volatility for the month is 2.02%. EXR’s sales growth for past 5 years was 18.20% and its EPS growth for past 5 years was 32.10%. Extra Space Storage Inc. (NYSE:EXR) monthly performance is 2.36%. Citigroup Inc. reiterated their neutral rating on shares of Extra Space Storage (NYSE:EXR) in a research note released on 11 May.


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