Trader’s Recap: Itau Unibanco Holding (NYSE:ITUB), Trio-Tech International (NYSEMKT:TRT), The Phoenix Companies Inc. (NYSE:PNX), Sirius XM (NASDAQ:SIRI), NextEra Energy Partners (NYSE:NEP)

Brazil’s Itau Unibanco Holding SA (ADR) (NYSE:ITUB) will walk away from its deal to merge with Chile’s CorpBanca if it is forced to carry out a tender offer, but does not see that as a likely outcome, a senior Itau executive told a local paper. The $3.7 billion deal, Latin America’s largest banking merger since 2008, was agreed in January, but U.S. activist investor Cartica has tried to block it. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) belongs to Financial sector. Its net profit margin is 18.00% and weekly performance is -0.64%. On last trading day company shares ended up $14.00. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) distance from 50-day simple moving average (SMA50) is -5.11%.

Trio-Tech International (NYSEMKT:TRT) announced financial results for the first quarter of fiscal 2015. For the three months ended September 30, 2014, revenue decreased to $8,093,000 compared to revenue of $9,497,000 for the same period last fiscal year. The net loss attributable to Trio-Tech common shareholders for the first quarter of fiscal 2015 was $136,000, or $0.04 per basic and diluted share, which included income from the discontinued fabrication services business of $14,000, or $0.00 per share. Trio-Tech International (NYSEMKT:TRT) shares moved down -11.90% in last trading session and ended the day at $3.10. TRT Gross Margin is 22.90% and its return on assets is 0.30%. Trio-Tech International (NYSEMKT:TRT) quarterly performance is -17.75%.

The Phoenix Companies, Inc. (NYSE:PNX) arranged its 2014 Annual Meeting of Shareholders on Nov 20, 2014. The meeting will take place at the company’s offices at One American Row, Hartford, Conn., beginning at 10 a.m., EST. On 18 November, The Phoenix Companies Inc. (NYSE:PNX) shares moved up 0.92% and was closed at $60.15. PNX EPS growth in last 5 year was 19.50%. The Phoenix Companies Inc. (NYSE:PNX) year to date (YTD) performance is -2.04%.

Sirius XM Holdings Inc (NASDAQ:SIRI) cannot force owners of vehicles sold with trial subscriptions to its satellite radio service to arbitrate disputes, a federal appeals court decided on Monday, in a case involving alleged unsolicited sales calls. Circuit Court of Appeals in Pasadena, California said owners may try to pursue their claims as a group rather than in individual arbitrations, which can be costly and time-consuming. The panel found no showing that plaintiff Erik Knutson, a San Diego-area real estate broker, agreed to arbitrate disputes with Sirius when he bought his Toyota Tacoma truck in Nov. 2011. Sirius XM Holdings Inc. (NASDAQ:SIRI) belongs to Services sector. Its net profit margin is 10.20% and weekly performance is 1.42%. On last trading day company shares ended up $3.56. Sirius XM Holdings Inc. (NASDAQ:SIRI) distance from 50-day simple moving average (SMA50) is 3.43%.

Deutsche Bank reiterated their hold rating on shares of Nextera Energy Partners (NYSE:NEP) in a research note released. NextEra Energy Partners, LP (NYSE:NEP) shares moved up 2.16% in last trading session and ended the day at $35.50. NEP return on assets is 2.30%. NextEra Energy Partners, LP (NYSE:NEP) quarterly performance is 6.10%.