Avis Budget Group, Inc. (NASDAQ:CAR) Reported Net revenue inched up 0.8% to $Array,902 million, but missed the Zacks Consensus Estimate of $Array,942.9 million. The year-over-year improvement in the top line was mainly driven by an 8% rise in rental days (including the Maggiore acquisition), partly offset by the adverse impact from currency headwinds. Revenue was up 5% on a currency-neutral basis.
Avis Budget Group, Inc. (NASDAQ:CAR) belongs to Services sector. Its net profit margin is 4.00% and weekly performance is -25.64%. On last trading day company shares ended up at $22.04.
On 12 February, Activision Blizzard, Inc. (NASDAQ: ATVI) announced that, in relation to the Company’s proposed acquisition of King Digital Entertainment plc, previously announced on November 2, 2015, the Company today received clearance under the EU Merger Regulation from the European Commission, meaning that the Condition relating to European Commission clearance has now been satisfied.
Activision Blizzard, Inc. (NASDAQ:ATVI) shares increased 3.19% in last trading session and ended the day at $31.71. ATVI Gross Margin is 66.00% and its return on assets is 6.10%. Activision Blizzard, Inc. (NASDAQ:ATVI) quarterly performance is -15.46%.
Engaged Capital, LLC (together with its affiliates, “Engaged Capital”), an investment firm specializing in enhancing the value of small and mid-cap North American equities, and a 14.6% shareholder of Outerwall Inc. (NASDAQ:OUTR), announced that it has delivered a letter and presentation to the Board of Directors (the “Board”) of OUTR. The letter and presentation outline Engaged Capital’s concerns regarding the governance and management of the Company’s assets and recommends a series of actions aimed at creating significant, and lasting, shareholder value.
On 24 February, Outerwall Inc. (NASDAQ:OUTR) shares moved down -5.21% and was closed at $30.01. OUTR EPS growth in last 5 year was 6.30%. Outerwall Inc. (NASDAQ:OUTR) year to date (YTD) performance is -17.87%.
Spartan Motors, Inc. (NASDAQ:SPAR) announced preliminary financial results for the fourth quarter of 2015. The Company expects fourth quarter revenue of approximately $140 million, higher than previous guidance of $130 – $135 million. Management also projects a fourth quarter 2015 operating loss of approximately $10.0 million versus prior guidance of an operating loss of approximately $3.0 million.
Spartan Motors Inc. (NASDAQ:SPAR) ended the last trading day at $2.95. Company weekly volatility is calculated as 3.52% and price to cash ratio as 4.84. Spartan Motors Inc. (NASDAQ:SPAR) showed a weekly performance of 2.08%.
Taseko Mines Ltd. (NYSEMKT:TGB) reported Earnings from mining operations before depletion and amortization* were $50.8 million, a decrease from $52.3 million in 2014; The Company generated cash flows from operations of $51.7 million, up from $50.6 million in 2014.
Taseko Mines Ltd. (NYSEMKT:TGB) shares moved down -8.55% in last trading session and ended the day at $0.35. TGB Gross Margin is 0.30% and its return on assets is -6.50%. Taseko Mines Ltd. (NYSEMKT:TGB) quarterly performance is -8.55%.