Oklahoma-based oil and gas producer WPX Energy Inc. (NYSE:WPX) is going all-in on a trio of core oil and gas plays in North Dakota, Colorado and New Mexico, according to tulsaworld.com. The firm announced a new five-year strategy today that contains stake in the Williston, Piceance and San Juan basins. The strategy is in place to simplify WPX’s geographic focus and expand return margins, and cash flows over the next five years. WPX Energy, Inc. (NYSE:WPX) belongs to Basic Materials sector. Its net profit margin is -38.60% and weekly performance is -15.50%. On last trading day company shares ended up $19.73. WPX Energy, Inc. (NYSE:WPX) distance from 50-day simple moving average (SMA50) is -18.68%.
American International Group (NYSE:AIG) has increased its excess casualty liability limits for Class 1 railroads in the US and Canada to $1bn per occurrence. The expanded coverage for cat losses is one of the largest capacities offered to the rail industry by a single insurer and would sit above $1.5bn in underlying limits, AIG said. American International Group, Inc. (NYSE:AIG) shares fell -3.06% in last trading session and ended the day at $50.42. AIG return on assets is 1.60%. American International Group, Inc. (NYSE:AIG) quarterly performance is -7.32%.
Dendreon Corp. (NASDAQ:DNDN)’s stock had its “sell” rating reaffirmed by analysts at Citigroup Inc. in a research report issued to clients and investors on Oct. 2. On 09 October, Dendreon Corp. (NASDAQ:DNDN) shares fell -8.93% and was closed at $1.02. DNDN EPS growth in last 5 year was -19.80%. Dendreon Corp. (NASDAQ:DNDN) year to date (YTD) performance is -65.89%.
Kennedy-Wilson Holdings, Inc. (NYSE:KW) recently announced a quarterly dividend, which is scheduled for Tuesday, October 7th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Friday, September 26th. Kennedy-Wilson Holdings, Inc. (NYSE:KW) ended the last trading day at $23.72. Company weekly volatility is calculated as 1.89% and price to cash ratio as 6.44. Kennedy-Wilson Holdings, Inc. (NYSE:KW) showed a weekly performance of -1.74%.
Acceleron Pharma Inc. (NASDAQ:XLRN) SVP Matthew L. Sherman unloaded 5,082 shares of Acceleron Pharma stock on the open market in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $29.50, for a total value of $149,919.00. Following the completion of the sale, the senior vice president now directly owns 23,858 shares in the company, valued at approximately $703,811. Acceleron Pharma, Inc. (NASDAQ:XLRN) shares fell -4.20% in last trading session and ended the day at $29.00. XLRN return on assets is -39.80%. Acceleron Pharma, Inc. (NASDAQ:XLRN) quarterly performance is -4.29%.