A Coca-Cola (KO) bottling plant located at the intersection of 4th and Merrick in Los Angeles, which is a century old, will be made over so that the basement and first floor will be dedicated to retail space, while the two floors above will be used as office space. Until recently, the building housed a warehouse for a toy business. The Coca-Cola Company operates in the consumer goods sector and has a net profit margin of 17.4 percent. The company generated a performance of 1.18 percent for the week, while the previous day of trading saw company stock close the day out at a price of $42.79. The Coca-Cola Company is trading at 1.36 percent away from its 50-day simple moving average.
Verastem, Inc. (VSTM) stated that they would be holding poster presentations between November 18 and November 21, 2014 at the 26th edition of the EORTC – NCI – AACR Symposium on Molecular Targets and Cancer Therapeutics to be held in Barcelona. Verastem saw their shares decline by 1.6 percent during the previous session of trading, with the stock closing out the day at $9.22. The company has a return on assets of -45.5 percent, while their performance for the quarter was 2.56 percent.
On November 5, an announcement was made that Lifshitz & Miller would be conducting an investigation regarding certain breaches of fiduciary duties that may have taken place in reference to the proposal to sell AmREIT, Inc. (AMRE) to Edens Investment Trust. The transaction was slated to be all-cash, with a total value of about $763 million, which would work out to an average $26.55 per share. November 13 saw AmREIT, Inc. stock advance by 0.04 percent, with shares closing out the day at $26.53. The company generated a growth in EPS of 19.6 percent over the past five years. AmREIT generated a performance of 62.96 percent on a year-to-date basis.
Central Valley Community Bancorp (CVCY) saw Zacks lower their rating on company stock. Thus, Zacks downgraded the company from a rating of neutral to a rating of underperform, with the information being published in a research report issued last week. At the moment, Zacks has a price target of $10.20 per share. The previous day of trading saw Central Valley Community Bancorp stock close the day out at $10.51 per share. The company generated a volatility of 1.98 percent for the week, while price/cash ratio works out to 1.93. Central Valley Community Bancorp’s performance for the week was -4.36 percent.
Zix Corporation (ZIXI) made an announcement that ZixOne, their Bring Your Own Device (BYOD) solution, had been chosen by Innovative Care Management (ICM), a company specializing in medical management, to give employees the ability to access their company email via their personal devices in a completely secure manner. ZixOne enables employees to access their emails without allowing the information to remain on the device, which means that Innovative Management Care can protect its sensitive information without reducing the productivity of their employees. Zix Corporation saw their shares decline by 2.97 percent during the previous session of trading, with the stock ending the day at a price of $3.27 per share. The company has a gross margin of 83.9 percent, while the return on assets works out to 9.3 percent. Zix Corporation achieved a performance of -11.38 percent for the quarter.