SandRidge Energy Inc. (NYSE:SD) increased oil and natural gas production and improved its financing despite posting a $1.4 billion loss in the second quarter, the Oklahoma City company said Wednesday. SandRidge said it produced about 89,000 barrels of oil equivalent in the second quarter, up 27 percent from year-ago levels. The company also increased its full-year forecast to 29 million to 30.5 million equivalent barrels, up from earlier guidance of 28 million to 30.5 million. SandRidge Energy, Inc. (NYSE:SD) belongs to Basic Materials sector. Its net profit margin is -63.30% and weekly performance is -1.79%. On last trading day company shares ended up $0.55. SandRidge Energy, Inc. (NYSE:SD) distance from 50-day simple moving average (SMA50) is -37.00%.
On 30 July, PTC Therapeutics, Inc. (NASDAQ:PTCT) reported Net loss for the second quarter of 2015 was $38.4 million compared to a net loss of $25.1 million for the same period in 2014. Cash, cash equivalents, and marketable securities totaled $255.2 million as of June 30, 2015 compared to $315.2 million as of December 31, 2014.PTC Therapeutics, Inc. (NASDAQ:PTCT) shares decreased -7.45% in last trading session and ended the day at $45.69. PTCT return on assets is -43.10%. PTC Therapeutics, Inc. (NASDAQ:PTCT) quarterly performance is -17.12%.
NETGEAR, Inc. (NASDAQ:NTGR), announced Super-fast 4G LTE 3G speeds worldwide. With the AirCard 785, up to 15 laptops, tablets, smartphones, digital cameras, gaming consoles, or other WiFi-enabled devices can easily and securely connect on-the-go to the built-in 802.11b/g/n wireless access point and share a single mobile broadband connection. On 06 August, Netgear Inc. (NASDAQ:NTGR) shares decreased -1.67% and was closed at $32.94. NTGR EPS growth in last 5 year was -2.30%. Netgear Inc. (NASDAQ:NTGR) year to date (YTD) performance is -7.42%.
On 3 August, Columbia Bank (NASDAQ: COLB) is pleased to announce the appointment of Bruce Morehead as Senior Vice President, Banking Solutions Manager. In his new role, Mr. Morehead will report to Executive Vice President and Chief Operating Officer, Hadley Robbins, and will lead the organization’s new Banking Solutions division. Columbia Banking System Inc. (NASDAQ:COLB) ended the last trading day at $32.67. Company weekly volatility is calculated as 1.82% and price to cash ratio as 9.95. Columbia Banking System Inc. (NASDAQ:COLB) showed a weekly performance of 1.08%.
Rackspace Hosting (NYSE:RAX) was downgraded by research analysts at Vetr from a “buy” rating to a “hold” rating in a report issued on Monday, Analyst Ratings Net reports. They currently have a $36.00 price target on the hosting company’s stock. Vetr‘s price objective points to a potential upside of 6.98% from the stock’s previous close. Rackspace Hosting, Inc. (NYSE:RAX) shares decreased -4.57% in last trading session and ended the day at $31.50. RAX Gross Margin is 67.50% and its return on assets is 6.80%. Rackspace Hosting, Inc. (NYSE:RAX) quarterly performance is -41.23%.