On Oct 28, Spanning Cloud Apps, Inc., the most trusted provider of data backup and recovery for cloud applications, today announced that it has been acquired by EMC Corporation (NYSE:EMC). The company will continue to operate under the Spanning® Cloud Apps brand in Austin, Texas and will be the foundation of EMC’s “born-in-the-cloud” data protection strategy in its Core Technologies Division. Terms of the acquisition were not disclosed. EMC Corporation (NYSE:EMC) belongs to Technology sector. Its net profit margin is 12.40% and weekly performance is 1.36%. On last trading day company shares ended up $29.12. EMC Corporation (NYSE:EMC) distance from 50-day simple moving average (SMA50) is 1.57%.
Cliffs Natural Resources (NYSE:CLF) was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. The firm currently has a $18.00 target price on the stock. Cliffs Natural Resources Inc. (NYSE:CLF) shares advanced 5.98% in last trading session and ended the day at $11.17. CLF Gross Margin is 11.90% and its return on assets is -53.80%. Cliffs Natural Resources Inc. (NYSE:CLF) quarterly performance is -38.05%.
Sanderson Farms, Inc. (NASDAQ: SAFM) announced that management will participate in the Goldman Sachs U.S. Emerging/SMID Cap Growth Conference to be held November 20, 2014, at The New York Marriott Marquis in New York City. On 07 November, Sanderson Farms, Inc. (NASDAQ:SAFM) shares moved down -3.04% and was closed at $84.81. SAFM EPS growth in last 5 year was 36.10%. Sanderson Farms, Inc. (NASDAQ:SAFM) year to date (YTD) performance is 19.10%.
Albany Molecular Research Inc. (NASDAQ:AMRI) on Nov 05, reported a loss of $8.6 million in its third quarter. On a per-share basis, the Albany, New York-based company said it had a loss of 27 cents. Losses, adjusted for non-recurring costs and restructuring costs, came to 2 cents per share. Albany Molecular Research Inc. (NASDAQ:AMRI) ended the last trading day at $16.84. Company weekly volatility is calculated as 8.98% and price to cash ratio as 4.19. Albany Molecular Research Inc. (NASDAQ:AMRI) showed a weekly performance of -27.60%.
Plains All American Pipeline, L.P. (NYSE:PAA) said Nov 6, it has agreed to buy Occidental Petroleum Corp. ’s 50% stake in BridgeTex Pipeline Company LLC for $1.075 billion. BridgeTex is the owner of a 300,000-barrel-a-day crude oil pipeline running from the Permian Basin to the Houston Gulf Coast area. Plains All American Pipeline, L.P. (NYSE:PAA) shares advanced 3.53% in last trading session and ended the day at $54.28. PAA Gross Margin is 5.20% and its return on assets is 3.70%. Plains All American Pipeline, L.P. (NYSE:PAA) quarterly performance is -4.65%.