Great Plains Energy Incorporated (NYSE:GXP) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -5.87% to close at $29.18 with the total traded volume of 12.64 Million shares. Westar Energy to be acquired by Great Plains Energy (GXP) for $51/share in cash & $9/share in Great Plains Energy common stock, expects $12.2 billion transaction to be neutral to EPS in first full year & ‘significantly’ accretive thereafter (WR).
Under the terms of the agreement Westar shareholders will receive $60.00/share of total consideration for each share of Westar common stock, consisting of $51.00 in cash and $9.00 in Great Plains Energy (GXP) common stock, subject to a 7.5% collar based upon the Great Plains Energy common stock price at the time of the closing of the transaction, with the exchange ratio for the stock consideration ranging between 0.2709 to 0.3148 shares of Great Plains Energy common stock for each Westar share of common stock, representing a consideration mix of 85% cash and 15% stock. Great Plains Energy expects the acquisition will be neutral to earnings-per-share in the first full calendar year of operations and ‘significantly’ accretive thereafter. The firm has institutional ownership of 81.30%, while insider ownership included 0.40%. Its price to sales ratio ended at 1.78. GXP attains analyst recommendation of 2.70 with week performance of -4.29%.
Frontline Ltd. (NYSE:FRO) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 10.72% to $8.88. Frontline Ltd. (FRO) reported first-quarter net income of $78.9 million. The Hamilton, Bermuda-based company said it had profit of 50 cents per share. Earnings, adjusted for non-recurring gains, came to 48 cents per share. The results beat Wall Street expectations.
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. The shipping company posted revenue of $191.6 million in the period. The share price of FRO attracts active investors, as stock price of week volatility recorded 3.82%. The stock is going forward to its 52-week low with 20.00% and lagging behind from its 52-week high price with -44.85%.
YY Inc. (NASDAQ:YY) [Trend Analysis] moved down reacts as active mover, shares a loss -0.14% to traded at $43.45 and the percentage gap between open changing to regular change was 2.25%. YY Inc. (YY) reported that its first-quarter earnings of $32.3 million. On a per-share basis, the Guangzhou, China-based company said it had profit of 57 cents. Earnings, adjusted for stock option expense, came to 71 cents per share.
The social media company posted revenue of $255.8 million in the period. The firm’s current ratio calculated as 2.60 for the most recent quarter. The firm past twelve months price to sales ratio was 2.62 and price to cash ratio remained 5.47. As far as the returns are concern, the return on equity was recorded as 37.60% and return on investment was 16.90% while its return on asset stayed at 14.90%. The firm has total debt to equity ratio measured as 0.00.