Westmoreland Coal Co. (NASDAQ:WLB), and its Chief Executive Officer Keith E. Alessi, received a letter dated July 26, 2015, from Mr. Charles Frischer of LF Partners. “I am in receipt of Mr. Charles Frischer’s letter in which he directs numerous suggestions to me and the board of directors of Westmoreland,” stated Mr. Alessi. “The Board and I always welcome the constructive input of major shareholders and, being focused on both the strategic needs of the business and the long term value to our investors, we will certainly give Mr. Frischer’s suggestions consideration. We are acutely aware of the negative market sentiments caused by the failure of other coal companies. We will continue to tell the Westmoreland story centered on long-term contracted positions and a cash generating model, versus our industry’s more common commodity price driven model. We remain focused on safe and efficient production. Westmoreland Coal Co. (NASDAQ:WLB) belongs to Basic Materials sector. Its net profit margin is -10.20% and weekly performance is -27.84%. On last trading day company shares ended up $11.25. Westmoreland Coal Co. (NASDAQ:WLB) distance from 50-day simple moving average (SMA50) is -44.13%.
SandRidge Energy, Inc. (NYSE:SD) has appointed Julian Bott as its new executive V.P. and CFO.Bott, who most recently served as CFO at Texas American Resources Company, assumes the CFO role from Eddie M. LeBlanc, 66, who has served as CFO since July 2013 and has announced his retirement. Bott, who will begin his role on Aug. 17, brings to SandRidge more than thirty years of diverse financial experience across the oil and gas and investment banking industries. SandRidge Energy, Inc. (NYSE:SD) shares fell -9.76% in last trading session and ended the day at $0.50. SD Gross Margin is 65.80% and its return on assets is -12.40%. SandRidge Energy, Inc. (NYSE:SD) quarterly performance is -68.98%.
Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of Connection Lifecycle Management (CLM) software and related services, announced financial results for its second quarter ended June 30, 2015. Our second quarter results and full year outlook were impacted by sales execution challenges,” stated Al Subbloie, president and CEO of Tangoe. “While our results were lower than expected, we believe we are taking the steps in order to increase our recurring revenue growth over time. We remain confident in Tangoe’s future especially given our large target market opportunity, as well as the roll out of our new and enhanced Matrix platform.On 07 August, Tangoe, Inc. (NASDAQ:TNGO) shares fell -31.50% and was closed at $7.09. TNGO EPS growth in last 5 year was 18.60%. Tangoe, Inc. (NASDAQ:TNGO) year to date (YTD) performance is -45.59%.
Hardinge Inc. (NASDAQ:HDNG), announced that its Board of Directors has approved payment of a regular quarterly cash dividend of $0.02 per common share. The dividend is payable September 10, 2015 to stockholders of record at the close of business on September 1, 2015. Hardinge Inc. (NASDAQ:HDNG) ended the last trading day at $8.44. Company weekly volatility is calculated as 3.55% and price to cash ratio as 5.93. Hardinge Inc. (NASDAQ:HDNG) showed a weekly performance of -0.71%.
Internap Corporation (NASDAQ: INAP), announced financial results for the second quarter of 2015. We delivered solid financial results for the second quarter of 2015 with revenue and adjusted EBITDA within our guidance range. Data center services returned to sequential revenue growth, while a positive mix shift from higher core colocation, hosting and cloud services resulted in favorable margin expansion,” said Michael Ruffolo, President and Chief Executive Officer of Internap. “Our strategy of providing an integrated platform of high-performance hybrid Internet infrastructure services continues to provide unique, compelling value to our customers. With a keen focus on improved execution, we are confident in our ability to accelerate top-line revenue growth, expand margins and create superior shareholder value. Internap Corporation (NASDAQ:INAP) shares increased 2.25% in last trading session and ended the day at $8.65. INAP Gross Margin is 44.50% and its return on assets is -8.40%. Internap Corporation (NASDAQ:INAP) quarterly performance is -9.33%.