On Dec 24, Freeport-McMoRan Inc. (NYSE: FCX) announced a successful production test from Freeport-McMoRan Oil & Gas’s (FM O&G) Highlander discovery, located onshore in South Louisiana in the Inboard Lower Tertiary/Cretaceous trend. The production test, which was performed in the Cretaceous/Tuscaloosa section, indicated a flow rate of approximately 43.5 million cubic feet of natural gas per day (MMcf/d), approximately 21 MMcf/d net to FM O&G, on a 22/64th choke with flowing tubing pressure of 11,880 pounds per square inch. Freeport-McMoRan Inc. (NYSE:FCX) belongs to Basic Materials sector. Its net profit margin is 10.20% and weekly performance is 3.02%. On last trading day company shares ended up $23.51. Freeport-McMoRan Inc. (NYSE:FCX) distance from 50-day simple moving average (SMA50) is -13.36%.
On Dec 22, JUNO THERAPEUTICS, INC. (NASDAQ:JUNO) sold 11 million shares at $24 each on Thursday in its initial public offering. The company increased its price and the number of shares offered earlier that day after a surge in demand. JUNO THERAPEUTICS, INC. (NASDAQ:JUNO) shares advanced 21.86% in last trading session and ended the day at $48.73.
On Dec. 21, TAL Education Group (NYSE:XRS), announced that TAL has invested approximately US$15 million in Guokr, Inc. (“Guokr”), a popular mobile and web-based community for science and technology education in China, for Guokr’s minority equity interest. On 26 December, TAL Education Group (NYSE:XRS) shares fell -0.18% and was closed at $28.34. XRS EPS growth in last 5 year was 72.30%. TAL Education Group (NYSE:XRS) year to date (YTD) performance is 28.88%.
Tianyin Pharmaceutical Co., Inc. (NYSEMKT:TPI), announced that the Company is engaged in discussion with a pharmaceutical industry strategic partner to form an Alliance (the “Alliance”) in building a nationwide mTCM portfolio platform.
On Dec. 22, Raytheon Company (NYSE: RTN) has received a $2.4 billion Foreign Military Sales contract for new-production fire units of the combat-proven Patriot Air and Missile Defense System for the State of Qatar. Qatar, a new Patriot customer, now brings the total number of global Patriot customers to 13. Raytheon Company (NYSE:RTN) shares fell -0.35% in last trading session and ended the day at $110.08. RTN Gross Margin is 23.40% and its return on assets is 8.30%. Raytheon Company (NYSE:RTN) quarterly performance is 9.09%.