Finance

Morning Buzz: Activision Blizzard (NASDAQ:ATVI), Altria (NYSE:MO), Tofutti Brands (NYSEMKT:TOF), Karyopharm Therapeutics, Inc. (NASDAQ:KPTI), ICICI Bank Ltd. (NYSE:IBN)

Activision Blizzard, Inc. (NASDAQ: ATVI) reported Q2 EPS of $0.06, $0.04 better than the analyst estimate of $0.02. Revenue for the quarter came in at $658 million versus the consensus estimate of $607.75 million. Activision Blizzard, Inc. (NASDAQ:ATVI) belongs to Technology sector. Its net profit margin is 29.10% and weekly performance is -2.61%. On last trading day company shares ended up $22.36. Activision Blizzard, Inc. (NASDAQ:ATVI) distance from 50-day simple moving average (SMA50) is 1.59%.

Altria Group Inc. (NYSE:MO), the parent company of Philip Morris, had donated $200,000 to the American Revolution Museum, which will replace the Yorktown Victory Center in late 2016.  Altria Group Inc. (NYSE:MO) shares fell -0.39% in last trading session and ended the day at $40.57. MO Gross Margin is 41.30% and its return on assets is 12.40%. Altria Group Inc. (NYSE:MO) quarterly performance is 3.21%.

On May 13,2014 Tofutti Brands Inc. (NYSEMKT:TOF) announced its results for the thirteen week period ended March 29, 2014. On 05 August, Tofutti Brands Inc. (NYSEMKT:TOF) shares fell -1.15% and was closed at $4.30. TOF EPS growth in last 5 year was -45.40%. Tofutti Brands Inc. (NYSEMKT:TOF) year to date (YTD) performance is 26.10%.

Karyopharm Therapeutics (NASDAQ:KPTI) major shareholder Ltd Chione unloaded 30,000 shares of Karyopharm Therapeutics stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $35.20, for a total value of $1,056,000.00. Following the completion of the transaction, the insider now directly owns 10,228,079 shares in the company, valued at approximately $360,028,381.Karyopharm Therapeutics, Inc. (NASDAQ:KPTI) ended the last trading day at $36.02. Company weekly volatility is calculated as 6.47%and price to cash ratio as 8.11. Karyopharm Therapeutics, Inc. (NASDAQ:KPTI) showed a weekly performance of 0.22%.

ICICI Bank Ltd, India’s second-biggest lender by assets, reported a 17 percent rise in quarterly profit to Rs 2,655 crore, beating estimates, helped by loan growth and higher fee income – on consolidated basis, bank’s net profit inches up three per cent to Rs 2,832 crore.ICICI Bank Ltd. (NYSE:IBN) shares fell -1.49% in last trading session and ended the day on $50.11. IBN return on assets is 3.00%. ICICI Bank Ltd. (NYSE:IBN) quarterly performance is 15.70%.