General Motors Company (NYSE:GM) [Trend Analysis] plunged reacts as active mover, shares a decrease -0.84% to traded at $37.91 and the percentage gap between open changing to regular change was -0.65%. PSA Group, the maker of Peugeot and Citroen cars, agreed to buy General Motors Co.’s (GM) Opel unit in a transaction valued at 2.2 billion euros.
The deal includes the Germany-based Opel, its U.K. nameplate Vauxhall, as well as the GM Financial’s European operations. The combination is expected to generate annual savings of 1.7 billion euros by 2026, with the loss-making Opel unit generating an operating profit margin of 2 percent by 2020 and 6 percent by 2026, GM and PSA Group said. GM noted that it will take a primarily non-cash special charge of $4.0 billion-$4.5 billion in connection with the transaction. GM’s Opel/Vauxhall subsidiary and GM Financial’s European operations will join the PSA Group in a transaction valuing these activities at 1.3 billion euros and 0.9 billion euros, respectively. The firm’s current ratio calculated as 0.90 for the most recent quarter.
The firm past twelve months price to sales ratio was 0.34 and price to cash ratio remained 2.26. As far as the returns are concern, the return on equity was recorded as 21.80% and return on investment was 5.50% while its return on asset stayed at 4.40%. The firm has total debt to equity ratio measured as 1.93.
AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 2.38% to $23.65. AMAG Pharmaceuticals, Inc. (AMAG) reported that changes to the company’s executive and commercial leadership teams, including that Frank Thomas, president and chief operating officer, intends to transition out of the organization on April 30, 2017.
Following this transition, Ted Myles, chief financial officer, and Joseph Vittiglio, general counsel, along with AMAG’s business development function, will report directly to William Heiden, chief executive officer of AMAG. Mr. Vittiglio joined AMAG as chief counsel in August 2015, and Mr. Myles joined the company as chief financial officer in April 2016.“I would like to thank Frank for all of his contributions to AMAG where he has been an effective leader for the past six years, helping to build and implement our successful growth and portfolio expansion strategy,” said William Heiden.
“I am especially grateful for the strong team he has helped put in place to execute on AMAG’s next stage of growth.” The share price of AMAG attracts active investors, as stock price of week volatility recorded 5.06%. The stock is going forward to its 52-week low with 31.98% and lagging behind from its 52-week high price with -35.79%.