Market Movers: Visa Inc. (NYSE:V), Keryx Biopharmaceuticals Inc. (NASDAQ:KERX), SI Financial Group Inc. (NASDAQ:SIFI), Formula Systems (1985) Ltd. (ADR) (NASDAQ:FORTY), Cleco (NYSE:CNL)

On 28 July, Visa Inc. (NYSE:V) and Stripe, announced a strategic partnership to support new technologies and online payment experiences for merchants, developers and consumers worldwide. Through this relationship, Stripe will accelerate its international expansion, particularly in emerging markets, accessing Visa’s global footprint through its acquiring and issuing partners. To support this growth and joint long-term initiatives, Visa has also made a strategic investment in Stripe. Visa Inc. (NYSE:V) belongs to Financial sector. Its net profit margin is 43.40% and weekly performance is 0.71%. On last trading day company shares ended up $75.27. Visa Inc. (NYSE:V) distance from 50-day simple moving average (SMA50) is 7.60%.

On 27 July, Keryx Biopharmaceuticals, Inc. (NASDAQ:KERX) announced the appointment of Scott A. Holmes to Chief Financial Officer effective immediately. Mr. Holmes will be responsible for Keryx’s finance function and will be a member of the company’s executive team. He will succeed James Oliviero whose planned departure was announced earlier this year. Mr. Oliviero will stay with the company through a transition period. Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) shares moved down -2.13% in last trading session and ended the day at $7.34. KERX Gross Margin is 50.00% and its return on assets is -86.80%. Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) quarterly performance is -28.74%.

The Board of Directors of SI Financial Group, Inc. (NASDAQ:SIFI) has declared a cash dividend on the Company’s outstanding shares of common stock. The dividend of $0.04 per share will be paid on or about August 24, 2015 to stockholders of record as of the close of business on August 3, 2015.On 04 August, SI Financial Group Inc. (NASDAQ:SIFI) shares advanced 0.17% and was closed at $11.87. SIFI EPS growth in last 5 year was 55.20%. SI Financial Group Inc. (NASDAQ:SIFI) year to date (YTD) performance is 4.77%.

Formula Systems (1985) Ltd. (NASDAQ:FORTY), announced that its Board of Directors has declared a cash dividend in the amount of US $0.34 per share and in the aggregate amount of approximately US $5.0 million. The dividend is payable on August 6, 2015 to all of the Company’s shareholders of record at the close of trading on the NASDAQ Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on July 20, 2015. Formula Systems (1985) Ltd. (ADR) (NASDAQ:FORTY) ended the last trading day at $30.54. Company weekly volatility is calculated as 0.53% and price to cash ratio as 3.55. Formula Systems (1985) Ltd. (ADR) (NASDAQ:FORTY) showed a weekly performance of 1.50%.

Cleco Corporation (NYSE:CNL) will begin trading ex-dividend on August 05, 2015. A cash dividend payment of $0.4 per share is scheduled to be paid on August 17, 2015. Cleco Corporation (NYSE:CNL) shares moved down -0.20% in last trading session and ended the day at $54.33. CNL Gross Margin is 85.20% and its return on assets is 3.40%. Cleco Corporation (NYSE:CNL) quarterly performance is 0.93%.

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