General Electric Company (NYSE:GE) Ghana has committed $3.5m for capacity-building in the oil and gas industry in Ghana. GE is expected to work in partnership with the Ghana National Petroleum Corporation (GNPC) and Ashesi University to build capacity for the country’s nascent oil and gas sector. On Friday shares of General Electric Company (NYSE:GE) closed at $23.89. Company’s sales growth for last 5 years was -4.30% and EPS growth for next 5 years is recorded as 7.01%.
Shake Shack Inc. (NYSE:SHAK) soared in its debut on the New York Stock Exchange after raising $105 million in an initial public offering, bolstered by investor demand for more upscale fast food. Shake Shack, Inc. (NYSE:SHAK) in last trading activity advanced 118.57% to close at $45.90.
B. Riley downgrades their rating on the shares of Vince Holding Corp (NYSE:VNCE). On last trading day Vince Holding Corp (NYSE:VNCE) fell -0.85% to close at $23.45. Its volatility for the week is 3.30% while volatility for the month is 4.26%. Vince Holding Corp (NYSE:VNCE) monthly performance is -10.22%.
On January 21, Bank of the Ozarks (NASDAQ:OZRK),said that it is converting to a new core banking platform, Fiserv’s Premier. The bank, which has $6.8 billion in assets, has grown significantly over the last few years via acquisitions, and needed to standardise and unify its operations on a common solution. Speaking at the announcement of the bank’s Q4 financial results, Tyler Vance, the bank’s COO, stated that 2014 was ‘a very important year’. He explained: ‘We successfully implemented the biggest technology advancements our company has made in the past 30 years. Laying a foundation that should serve us well for years to come.’ Bank of the Ozarks, Inc. (NASDAQ:OZRK) has 2.50% insider ownership while its institutional ownership stands at 79.60%. In last trading activity company’s stock closed at $32.43.
Mizuho Financial Group Inc. (NYSE:MFG)’s third-quarter profit unexpectedly rose as a jump in bond trading income made up for shrinking loan profitability at home. Net income at Japan’s third-largest bank by market value climbed 26 percent from a year earlier to 167.9 billion yen ($1.4 billion) in the three months ended Dec. 31, figures showed Friday. That beat the 126.1 billion-yen average estimate of five analysts surveyed by Bloomberg. On last trading day Mizuho Financial Group, Inc. (NYSE:MFG) fell -3.88% to close at $3.22. Its volatility for the week is 1.61% while volatility for the month is 1.44%. MFG’s sales growth for past 5 years was -9.80% and its EPS growth for past 5 years was 17.10%. Mizuho Financial Group, Inc. (NYSE:MFG) monthly performance is -5.57%.