Hot News : Plains All American Pipeline, L.P. (NYSE:PAA), General Electric Company (NYSE:GE), Cowen Group (NASDAQ:COWN), Monarch Financial (NASDAQ:MNRK), Western Refining (NYSE:WNR)

More than two months after oil from a ruptured pipeline fouled California beaches, documents released Wednesday disclosed that the spill might have been far larger than earlier projected. Plains All American Pipeline, L.P. (NYSE:PAA) had estimated that the May 19 break along a corroded section of pipe near Santa Barbara released up to 101,000 gallons of crude. The resulting mess forced a popular state park to shut down for two months, and goo from the spill washed up on beaches as far as 100 miles away. Plains All American Pipeline, L.P. (NYSE:PAA) belongs to Basic Materials sector. Its net profit margin is 3.80% and weekly performance is -16.50%. On last trading day company shares ended up $34.92. Plains All American Pipeline, L.P. (NYSE:PAA) distance from 50-day simple moving average (SMA50) is -18.59%.

General Electric Company (NYSE:GE) is planning to launch cloud-based services for industries such as the energy, health-care and transportation sectors it already works with, the company said in a statement Wednesday. The Predix Cloud, which will go on sale in 2016, is GE’s entry into the cloud-services business, it noted. General Electric Company (NYSE:GE) shares moved down -0.27% in last trading session and ended the day at $26.03. GE Gross Margin is 37.50% and its return on assets is -1.00%. General Electric Company (NYSE:GE) quarterly performance is -2.92%.

Cowen Group Inc. (NASDAQ:COWN) on July 30, reported second-quarter net income of $6.7 million. The New York-based bank said it had earnings of 5 cents per share. Earnings, adjusted for non-recurring costs, were 9 cents per share. On 06 August, Cowen Group, Inc. (NASDAQ:COWN) shares moved down -1.59% and was closed at $5.57. COWN EPS growth in last 5 year was 24.90%. Cowen Group, Inc. (NASDAQ:COWN) year to date (YTD) performance is 16.04%.

Monarch Financial Holdings, Inc. (NASDAQ:MNRK) ended the last trading day at $13.14. Company weekly volatility is calculated as 2.60% and price to cash ratio as 0.94. Monarch Financial Holdings, Inc. (NASDAQ:MNRK) showed a weekly performance of 4.45%.

Western Refining Inc. (WNR) on Tuesday reported second-quarter earnings of $133.9 million. On a per-share basis, the El Paso, Texas-based company said it had net income of $1.40. Earnings, adjusted for non-recurring costs, came to $1.44 per share. Western Refining, Inc. (NYSE:WNR) shares moved up 6.83% in last trading session and ended the day at $48.35. WNR Gross Margin is 10.00% and its return on assets is 11.50%. Western Refining, Inc. (NYSE:WNR) quarterly performance is 10.96%.

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