Bank of America Corporation (NYSE:BAC) is making a big push into auto lending just as regulators are sending warning signals, losses from auto loans are rising, and rivals are growing more cautious after years of strong returns. The bank tapped mortgage executives Matt Vernon and John Schleck to lead the auto lending business last May, saying they would be able to sell auto loans alongside other products such as checking accounts and home equity loans.
On Friday Bank of America Corporation (NYSE:BAC) share price closed at $13.54. Company net profit margin stands at 28.90% whereas its return on equity (ROE) is 6.20%. Bank of America Corporation (NYSE:BAC) is -26.01% away from its 52 week high and its 52 week range is $10.99 – 18.48.
Oracle Corporation (NYSE:ORCL) announced that its third quarter fiscal year 2016 results will be released on Tuesday, March 15th, after the close of the market. Oracle will host a conference call and live webcast at 2:00 p.m. Pacific Time to discuss the financial results.
Oracle Corporation (NYSE:ORCL) traded 10.64 Million shares and its share price remains unchanged to close at $37.89. Company has 26.60% insider ownership. Oracle Corporation (NYSE:ORCL) quarterly performance is -1.69% while its year to date (YTD) performance is 4.15%.
Delta Air Lines, Inc. (NYSE:DAL) filed an application with the U.S. government to provide non-stop service to Cuba from four key cities in the United States. Delta seeks approval to serve Havana with daily flights from its hubs in Atlanta and New York’s JFK International Airport as well as from Miami and Orlando.
On Friday Delta Air Lines, Inc. (NYSE:DAL) share price closed at $48.67. Company net profit margin stands at 11.10% whereas its return on equity (ROE) is 45.50%. Delta Air Lines, Inc. (NYSE:DAL) is -7.48% away from its 52 week high and its 52 week range is $34.61 – 52.77.
Gigamon Inc. (NYSE:GIMO) announced the introduction of a Metadata Engine for their GigaSECURE® Security Delivery Platform (SDP). The Metadata Engine enhances the GigaSECURE NetFlow/IPFIX generation capability and in doing so turns their platform into a single source for the network context demanded by today’s security analytics approaches.
Gigamon Inc. (NYSE:GIMO) increased 1.46% to close at $28.51 on 04 March. Its return on assets (ROA) is 2.60% while return on investment (ROI) is 3.80%. Gigamon Inc. (NYSE:GIMO) price to sales (P/S) ratio is 4.42.
Horizon Pharma plc (NASDAQ:HZNP) announced it received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for U.S. patent application number 14/705,593 (U.S. publication number 2015-0313998), entitled “Diclofenac Topical Formulation” that covers Horizon’s U.S. approved medicine PENNSAID® (diclofenac sodium topical solution) 2% w/w (PENNSAID 2%). This Notice of Allowance concludes the substantive examination of the patent application and will result in the issuance of a U.S. patent after administrative processes are completed. The U.S. patent scheduled to issue from this application will expire October 17, 2027. After issuance, Horizon plans to list the U.S. patent in the FDA’s Approved Drug Products with Therapeutic Equivalence Evaluations, or Orange Book.
On 04 March Horizon Pharma plc (NASDAQ:HZNP) ended the day at $16.78. Company net profit margin stands at -2.60% whereas its return on equity (ROE) is -1.70%. Horizon Pharma plc (NASDAQ:HZNP) is -36.80% away from its 52 week high.