On Dec 17, Penn West Petroleum Ltd. (NYSE:PWE) said it was slashing its dividend and reducing its capital budget in response to the sharp decline in oil prices. Starting with the first quarter of 2015, the dividend will be cut to 3 Canadian cents from 14 cents. Penn West Petroleum Ltd. (NYSE:PWE) belongs to Basic Materials sector. Its net profit margin is -33.20% and weekly performance is 9.60%. On last trading day company shares ended up $2.17. Penn West Petroleum Ltd. (NYSE:PWE) distance from 50-day simple moving average (SMA50) is -44.53%.
Shares of Frontier Communications Corp (NASDAQ:FTR) were the recipient of a large increase in short interest in November. As of November 28th, there was short interest totalling 152,758,737 shares, an increase of 0.9% from the November 14th total of 151,404,507 shares, Analyst RN reports. Frontier Communications Corporation (NASDAQ:FTR) shares advanced 1.04% in last trading session and ended the day at $6.79. FTR Gross Margin is 90.70% and its return on assets is 1.10%. Frontier Communications Corporation (NASDAQ:FTR) quarterly performance is 4.62%.
Allegiant Travel Co. (NASDAQ:ALGT) said that it is taking a $43.2 million write-down on the value of its Boeing 757 aircraft fleet. The charge will occur in the fourth quarter of 2014. Allegiant Travel Company (NASDAQ:ALGT) belongs to Services sector. Its net profit margin is 12.10% and weekly performance is 5.75%. On last trading day company shares ended up $142.09. Allegiant Travel Company (NASDAQ:ALGT) distance from 50-day simple moving average (SMA50) is 10.14%.
Oracle Corporation (NYSE:ORCL) on Monday agreed to buy startup Datalogix Holdings Inc., an important advertising partner to Google Inc. and Facebook Inc. The deal shows how big software companies are refashioning themselves into marketing powerhouses. Oracle Corporation (NYSE:ORCL) shares fell -0.76% in last trading session and ended the day at $45.65. ORCL Gross Margin is 80.80% and its return on assets is 11.60%. Oracle Corporation (NYSE:ORCL) quarterly performance is 17.93%.
On Dec 18, Ford Motor Company (NYSE:F) said it has agreed to government demands to expand a driver’s side air bag inflator recall to the entire U.S. The move announced Thursday adds 447,000 Ford vehicles to the list of those recalled due to driver’s inflators made by Japan’s Takata Corp. On 22 December, Ford Motor Company (NYSE:F) shares increased 1.26% and was closed at $15.22. F EPS growth in last 5 year was 17.80%. Ford Motor Company (NYSE:F) year to date (YTD) performance is 1.81%.