Stocks With Major News- Lockheed Martin (NYSE:LMT), Vonage Holdings (NYSE:VG), Hilton Worldwide (NYSE:HLT), The Bank of New York Mellon (NYSE:BK)
Lockheed Martin (LMT) is escalating relationships with Korean universities to set up a local science, technology, and research investment fund to benefit students, universities, and industry in the region. Lockheed Martin Corporation (NYSE:LMT) [Trend Analysis] reported the loss of -2.14% and closed at $155.43 with the total traded volume of 1.50 million shares. Its market capitalization is $9.96 billion. The company’s shares have fell -6.07% in the last one month and gain of 4.00% in the previous three months, compared to a decrease of -2.35% and -0.50% in the S&P 500 during the respective periods.
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Vonage Holdings Corp. (VG) reported that has been granted its first four patents in 2014 by the USPTO. The co now owns 41 U.S. patents and has more than 215 U.S. patent applications pending. Vonage Holdings Corp. (NYSE:VG) [Trend Analysis] dropped -3.20%, closing the day at $3.93 in last regular trading. Corporation has the total of cash of $84.66 million as compares to total debt of $134.76 million for the most recent quarter with the current ratio of 0.80 for the most recent quarter.
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Homewood Suites by Hilton (HLT) reported that extension into Canada, with two new hotel openings in Q1 2014, and four more properties slated to open in the market in Q2 2014. In last trading session, shares of Hilton Worldwide Holdings Inc (NYSE:HLT) [Trend Analysis] decreased -1.53%, closing the day at $21.18, after wavering among $21.04 and $21.57 during the trading session. Its net profit margin in lasted declared quarter was 2.35% as compared to 4.73% in previous year in same year.
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The Bank of New York Mellon Corporation (NYSE:BK) reported that GSO Capital Partners, the credit investment arm of Blackstone, will invest $150M in Rentech in the form of $100M of convertible preferred stock and a $50M term loan. The Bank of New York Mellon Corporation (NYSE:BK) [Trend Analysis] after opening at $34.00 hit its intraday high price of $34.03 moreover then finished at $33.33 by shares decreased -1.88%. As took noticed on the firm sales growth (year/est), it is calculated 3.90% in Current Qtr. and for next quarter was forecasted 2.30%.
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