The Bank of Nova Scotia (NYSE:BNS) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.92% to close at $48.93 with the total traded volume of 1.67 Million shares. Bank of Nova Scotia (BNS) reported that fiscal second-quarter net income of $1.15 billion. The bank, based in Toronto, said it had earnings of 93 cents per share. Earnings, adjusted for restructuring costs and amortization costs, came to $1.11 per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share. The bank posted revenue of $4.97 billion in the period. Its price to sales ratio ended at 3.70. BNS attains analyst recommendation of 2.00 with week performance of 1.33%.
Western Refining, Inc. (NYSE:WNR) [Trend Analysis] plunged reacts as active mover, shares a decrease -2.16% to traded at $21.24 and the percentage gap between open changing to regular change was 0.74%. Western Refining reported successful syndication of a $500 million Term Loan B-2 (WNR). The term loan, which has a 7 year maturity and is priced at LIBOR (subject to a 1% floor) plus 4.5%, will be used to fund a portion of the purchase price for the previously announced acquisition of the remaining publicly-traded units of Northern Tier Energy (NTI).
The closing of the offering, which was oversubscribed and placed with a diverse group of institutional investors, is contingent upon the successful closing of the NTI acquisition, the execution of definitive documentation and customary closing conditions. The firm’s current ratio calculated as 2.40 for the most recent quarter. The firm past twelve months price to sales ratio was 0.21 and price to cash ratio remained 3.19. As far as the returns are concern, the return on equity was recorded as 25.90% and return on investment was 23.50% while its return on asset stayed at 5.70%. The firm has total debt to equity ratio measured as 1.40.
General Mills, Inc. (NYSE:GIS) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.14% to $62.78. General Mills (GIS) released that a recall of 10M pounds of flour because of a possible link to an outbreak of E. coli that has sickened 38 people in 20 states since December. The recall covers some bags of Gold Medal bleached and unbleached flour, bleached and unbleached Signature Kitchen flour, Gold Medal self-rising flour and Gold Medal Wondra quick-mixing flour. A full list of the recalled flours is listed below and on the General Mills website.
General Mills’ Gold Medal flour is the most widely used flour in the United States, spokesman Mike Siemienas said. The share price of GIS attracts active investors, as stock price of week volatility recorded 1.21%. The stock is going forward to its 52-week low with 35.23% and lagging behind from its 52-week high price with -3.58%.