Oshkosh Corporation (NYSE:OSK) [Trend Analysis] a supplier of heavy-duty trucks to the US military, reported first-quarter net income of $34.6 million or $0.43 per share, down from $54.7 million or $0.63 per share in the same period last year. The latest quarter’s results included a $2.1 million after-tax other postretirement benefit curtailment gain in the defense segment. Adjusted earnings for the quarter were $0.41 per share, compared to $0.63 per share in the year- ago period. On average, sixteen analysts polled by Thomson-Reuters expected earnings of $0.24 per share for the quarter. Analysts’ estimates typically exclude one-time items. Oshkosh Corporation (NYSE:OSK) showed itself as moving stock, surged 5.79% to close at $44.57. Its total outstanding shares are 78.13 million shares and floated shares were 77.46 million with the market capitalization of 3.557 Billion. Its beta value stands at 2.16 times and price to earnings ratio was 12.35.
Synergy Resources Corporation (NYSEMKT:SYRG) [Trend Analysis] Co intends to use the net proceeds from the offering, along with cash on hand, to fund additional asset acquisitions in the Wattenberg Field which may become available from time to time, to pay down outstanding indebtedness under its revolving credit facility and for corporate purposes, including working capital. Shares of Synergy Resources Corporation (NYSEMKT:SYRG) trading start with a price of $12.22 and throughout the trading session hit its highest level of $12.48 and at the time when day-trade ended the stock finally plunged -2.05% to closed at $11.96. Shares price isolated positively from its 50 days moving average with 1.10% and remote positively from 200 days moving average with 0.63%.
Yahoo! Inc. (NASDAQ:YHOO) [Trend Analysis] The co announced management has recommended and the Board of Directors has authorized a plan for a tax-free spin-off of the company’s remaining holdings in Alibaba Group will be distributed pro rata to Yahoo shareholders, resulting in SpinCo becoming a separate publicly traded company. Yahoo! Inc. (NASDAQ:YHOO) has 947.35 million outstanding shares with market capitalization of 45.463 Billion. The company stock closed at $47.99 by plunging -2.93% in last trading day. As the returns are concern, return on equity was recorded 40.90% and firm increased its return on investment 3.10% while its return on asset stayed at 28.80%.