Fast Moving Stocks: Summit Financial Group Inc. (NASDAQ:SMMF), Bristol-Myers Squibb Company (NYSE:BMY), Rite Aid Corporation (NYSE:RAD), Oracle Corporation (NYSE:ORCL),

On 29 February, Summit Financial Group Inc. (NASDAQ:SMMF) announced the signing of a definitive merger agreement between Summit Community Bank, Inc., a wholly-owned subsidiary of Summit, and HCB. Pursuant to the terms of the merger agreement, Summit Community Bank, Inc. will acquire all of the outstanding shares of common stock of HCB in exchange for cash in the amount of $38.00 per share, subject to an adjustment if HCB’s adjusted shareholders’ equity as of the effective date of the merger deviates materially from the target determined by the parties.

Summit Financial Group Inc. (NASDAQ:SMMF) belongs to Financial sector. Its net profit margin is 27.30% and weekly performance is 8.14%. On last trading day company shares ended up at $13.69. Summit Financial Group Inc. (NASDAQ:SMMF) distance from 50-day simple moving average (SMA50) is 3.87%.

Bristol-Myers Squibb Company (NYSE:BMY) will present at the Cowen and Company 36thAnnual Global Health Care Conference on Monday, March 7, 2016, in Boston. Fouad Namouni, senior vice president, Head of Medical, will make a formal presentation about the company at 1:20 p.m. EST.

Bristol-Myers Squibb Company (NYSE:BMY) belongs to Healthcare sector. Its net profit margin is 9.50% and weekly performance is 4.29%. On last trading day company shares ended up at $64.90. Bristol-Myers Squibb Company (NYSE:BMY) distance from 50-day simple moving average (SMA50) is 1.72%.

On 29 February, Rite Aid Corporation (NYSE:RAD) said that, its first-ever Innovation Challenge has selected the Tri-Tip Walking Cane, an ergonomic walking cane, for development and sale in Rite Aid stores and online at Created by Jamie Jordan, an engineer based in Grapevine, Texas, the Tri-Tip Walking Cane features three legs that function independently for added stability and also uses a spring-loaded, shock absorbing system, alleviating hand, wrist, shoulder and back pain commonly associated with use of a traditional walking cane.

Rite Aid Corporation (NYSE:RAD) shares advanced 0.38% in last trading session and ended the day at $7.97. RAD Gross Margin is 26.40% and its return on assets is 18.00%. Rite Aid Corporation (NYSE:RAD) quarterly performance is 1.14%.

Oracle Corporation (NYSE:ORCL) has updated VSM 6 to v7 four years after VSM 6 was launched, adding beefier CPUs, greater scale and auto-tiering to Larry’s own cloud. VSM is a deduping virtual tape library (VTL) or disk array with a tape library interface, and up until now has been for mainframes only.

On 02 March, Oracle Corporation (NYSE:ORCL) shares decreased -0.61% and was closed at $37.76. ORCL EPS growth in last 5 year was 12.80%. Oracle Corporation (NYSE:ORCL) year to date (YTD) performance is 3.79%.

Scotiabank upgraded shares of Potash Corporation of Saskatchewan Inc. (NYSE:POT) from a sector perform rating to a sector outperform rating in a report published on Thursday morning,ARN reports.

Potash Corporation of Saskatchewan Inc. (NYSE:POT) ended the last trading day at $18.23. Company weekly volatility is calculated as 3.90% and price to cash ratio as 209.07. Potash Corporation of Saskatchewan Inc. (NYSE:POT) showed a weekly performance of 10.22%.

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