Levi & Korsinsky announced on 12 November that a class action lawsuit has been commenced in the United States District Court for the District of Delaware on behalf of investors who purchased iBio, Inc. (NYSE MKT:IBIO) securities between October 13, 2014 and October 23, 2014. iBio, Inc. (NYSEMKT:IBIO) in last trading activity moved down -2.78% to close at $1.05. Company weekly performance is -9.48% while its quarterly performance stands at 138.64%. iBio, Inc. (NYSEMKT:IBIO) is -69.83% away from its 52 week high.
Nokia Corporation (ADR) (NYSE:NOK) Oyj (NOK1V)’s raised earnings target failed to convince investors seeking support for a stock that had gained about 25 percent in six months, underlining the challenge faced by Chief Executive Officer Rajeev Suri. Adjusted operating profit at the wireless-network unit, which makes up about 90 percent of Nokia’s sales, is targeted at 8 percent to 11 percent of revenue long term, the Espoo, Finland-based company . Analysts on average predict 10.8 percent for 2015 and 10.6 percent for 2016, according to Nordea Bank AB. On last trading day Nokia Corporation (ADR) (NYSE:NOK) moved down -4.84% to close at $7.86. Its volatility for the week is 1.58% while volatility for the month is 1.74%. NOK’s sales growth for past 5 years was -24.20% and its EPS growth for past 5 years was -46.10%. Nokia Corporation (ADR) (NYSE:NOK) monthly performance is 0.77%.
Alleghany Corporation (NYSE:Y) on 4 November reported net earnings of $11.40 per share for the third quarter of 2014, outperforming the Zacks Consensus Estimate of $7.82 by 45.8%. Results also improved 68.9% year over year. On last trading day Alleghany Corporation (NYSE:Y) advanced 0.10% to close at $451.58. Its volatility for the week is 1.25% while volatility for the month is 1.25%. Y’s sales growth for past 5 years was 32.40% and its EPS growth for past 5 years was 69.80%. Alleghany Corporation (NYSE:Y) monthly performance is 9.21%.
Barnes Group Inc. (NYSE:B) Director Thomas O. Barnes sold 2,000 shares of the stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $36.12, for a total transaction of $72,240.00. Following the transaction, the director now directly owns 374,371 shares in the company, valued at approximately $13,522,281. Barnes Group Inc. (NYSE:B) has 2.60% insider ownership while its institutional ownership stands at 87.80%. In last trading activity company’s stock closed at $37.30.
On Friday shares of Kansas City Life Insurance Company (NASDAQ:KCLI) closed at $48.17. Company’s sales growth for last 5 years was 2.10%.