Wal-Mart Stores, Inc. (NYSE:WMT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.09% to close at $69.79 with the total traded volume of 422373 shares. Wal-Mart Stores Inc. (WMT) reported that its subscription-free, premium video streaming service Vudu has launched the first mobile offering to convert DVDs and Blu-rays into digital libraries, right from a consumer’s phone.Mobile Disc-to-Digital is accessible beginning March 23.
It turns DVDs and Blu-rays into digital movies with a simple scan through the Vudu app. These movies can then be viewed on hundreds of Vudu-enabled devices including televisions, Blu-ray disc players, gaming consoles, streaming players and through the Vudu app on phones and tablets.Movie fans can convert a DVD to SD or a Blu-ray disc to HDX for $2. To upgrade DVDs to HDX, it will cost $5 per title. All Vudu users will receive one complimentary first-time mobile conversion. The firm has institutional ownership of 29.70%, while insider ownership included 0.90%. Its price to sales ratio ended at 0.44. WMT attains analyst recommendation of 2.70 with week’s performance of -0.82%.
Starwood Property Trust, Inc. (NYSE:STWD) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.53% to $22.65. Starwood Property Trust, Inc. (STWD) reported that it is offering $200,000,000 aggregate principal amount of its Convertible Senior Notes due 2023 in an underwritten public offering.
The Company intends to use the net proceeds from the offering to repurchase from time to time, in privately negotiated transactions, outstanding 4.55% convertible senior notes due 2018 of the Company. The Company may use any remaining net proceeds to fund potential future acquisitions or for general corporate purposes, including, but not limited to, the payment of liabilities and other working capital needs. The share price of STWD attracts active investors, as stock price of week volatility recorded 0.77%. The stock is going forward to its 52-week low with 33.33% and lagging behind from its 52-week high price with -1.52%.