A U.S. appeals court on Tuesday rejected Ecuador’s challenge to a $96 million international arbitration award in favor of energy giant Chevron Corporation (NYSE:CVX), marking the latest twist in a decades-long dispute over the development of oil fields in the South American country. The dispute stemmed from a 1973 deal that called for Texaco Petroleum Co, later acquired by Chevron, to develop oil fields in exchange for selling oil to the Ecuadorean government at below-market rates. Texaco filed several lawsuits in the 1990s accusing Ecuador of violating the contract.Chevron Corporation (NYSE:CVX) belongs to Basic Materials sector. Its net profit margin is 9.50% and weekly performance is -7.78%. On last trading day company shares ended up $85.21. Chevron Corporation (NYSE:CVX) distance from 50-day simple moving average (SMA50) is -12.37%.
Lantheus Holdings, Inc. (NASDAQ: LNTH), the parent company of Lantheus Medical Imaging, Inc. (“LMI”), announced that it will host a conference call at 4:30 p.m. ET on Tuesday, August 4, 2015, to discuss its financial and operating results for the second quarter of 2015. Lantheus Medical Imaging, Inc. (NASDAQ:LNTH) shares decreased -6.15% in last trading session and ended the day at $6.72. LNTH Gross Margin is 43.30% and its return on assets is -0.70%.
The E. W. Scripps Company (NYSE:SSP), like its lighthouse logo, has become a beacon of light for traditional print publishers seeking a remake in the digital age. The Cincinnati, Ohio-based company has acquired the podcast company Midroll Media, its most recent effort to strengthen the company’s digital operations. On 04 August, The E. W. Scripps Company (NYSE:SSP) shares advanced 0.65% and was closed at $21.84. SSP EPS growth in last 5 year was 15.40%. The E. W. Scripps Company (NYSE:SSP) year to date (YTD) performance is 14.81%.
On July 23, Investors Real Estate Trust (NYSE:IRET) announced that the Company will present at the 2015 InvestMNt conference sponsored by CFA Society Minnesota.The all-day event will take place August 5, 2015 at the University of St. Thomas in downtown Minneapolis. IRET’s Executive Vice President and Chief Financial Officer, Ted Holmes will present at 12:25 p.m. CT. Investors Real Estate Trust (NYSE:IRET) ended the last trading day at $7.14. Company weekly volatility is calculated as 2.08% and price to cash ratio as 20.19. Investors Real Estate Trust (NYSE:IRET) showed a weekly performance of 0.56%.
Alibaba Group Holding Ltd (NYSE:BABA) has hired former Goldman Sachs Group Inc partner Michael Evans to oversee the e-commerce company’s international expansion, a top priority as the firm looks beyond China to sustain its heady growth rates. Evans, who spent two decades at the investment bank in positions including vice chairman and head of Asia, has occupied a board seat at Alibaba since mid-2014, before the company held a record-setting public listing in New York. Alibaba Group Holding Ltd (NYSE:BABA) belongs to Services sector. Its net profit margin is 31.70% and weekly performance is -2.10%. On last trading day company shares ended up $78.87. Alibaba Group Holding Ltd (NYSE:BABA) distance from 50-day simple moving average (SMA50) is -6.89%.