Morning Alert: Abeona Therapeutics Inc. (NASDAQ:ABEO), Era Group Inc. (NYSE:ERA), Extra Space Storage Inc. (NYSE:EXR), Cisco Systems, Inc. (NASDAQ:CSCO), Amazon.com, Inc. (NASDAQ:AMZN)

Abeona Therapeutics Inc. (NASDAQ:ABEO) announced it had closed an upsized $15.5 million direct placement of registered common stock with institutional investors, including Soros Fund Management and Perceptive Life Science Fund, and two members of the Board of Directors. The financing is comprised of 2.83 million shares of common stock at a price of $5.50 per share. Abeona Therapeutics plans to use the proceeds of the financing for the development of its proprietary rare disease programs, working capital and general corporate purposes. Abeona Therapeutics Inc. (NASDAQ:ABEO) belongs to Healthcare sector. Its weekly performance is 4.00%. On last trading day company shares ended up $6.36. Abeona Therapeutics Inc. (NASDAQ:ABEO) distance from 50-day simple moving average (SMA50) is -1.72%.

Era Group Inc. (NYSE:ERA) reported net income of $11.3 million, or $0.55 per diluted share, for its second quarter ended June 30, 2015 (“current quarter”) on operating revenues of $70.7 million compared to net income for the quarter ended June 30, 2014 (“prior year quarter”) of $5.2 million, or $0.26 per diluted share, on operating revenues of $86.6 million. Excluding a pre-tax gain of $12.9 million on the sale of the Company’s fixed base operations (“FBO”) business in Alaska and a one-time net deferred tax expense of $1.0 million in connection with the Sicher acquisition discussed below, current quarter net income would have been $4.1 million, or $0.20 per diluted share. Era Group Inc. (NYSE:ERA) shares advanced 10.14% in last trading session and ended the day at $17.60. ERA Gross Margin is 37.90% and its return on assets is 1.30%. Era Group Inc. (NYSE:ERA) quarterly performance is -18.25%.

Extra Space Storage Inc. (NYSE:EXR) earnings conference call or presentation Thursday, July 30, 2015 at 5:00:00pm GMT. Last month the company announced the SmartStop acquisition and we completed an equity offering. The offering was well-received and we issued 6.3 million shares at $68.15 per share. This resulted in gross proceeds of $431 million. On 05 August, Extra Space Storage Inc. (NYSE:EXR) shares advanced 0.51% and was closed at $74.69. EXR EPS growth in last 5 year was 32.10%. Extra Space Storage Inc. (NYSE:EXR) year to date (YTD) performance is 29.46%.

Networking company Cisco Systems, Inc. (NASDAQ:CSCO) will report its second quarter 2015 earnings on Wednesday, August 12, after market close. There are several factors to consider heading into earnings, such as the impact of new CEO Chuck Robbins, who recently took the reins from John Chambers, one of the longest-tenured CEOs. Additionally, Cisco will likely include updates on cyber-security, its Invicta technology EoL (end of life), sales of its set-top box business to Technicolor, and insight into how it can dominate the Internet of Everything (IOE) era. Wall Street analysts have been weighing in on Cisco ahead of earnings with different insights and predictions. Cisco Systems, Inc. (NASDAQ:CSCO) shares advanced 0.86% in last trading session and ended the day at $28.27. CSCO Gross Margin is 60.30% and its return on assets is 8.50%. Cisco Systems, Inc. (NASDAQ:CSCO) quarterly performance is -1.66%.

Amazon.com, Inc. (NASDAQ:AMZN) has built a competitive edge with two-day delivery in its Amazon Prime service. Amazon (NASDAQ:AMZN) also has a Prime Now service that delivers products within a same-day in select zip codes.
Same day delivery gets goods to the end users within a day and it removes the trip to a store. The fact that you can order and receive a product in about the same time it would take you to go to a store has been one of the reasons Amazon has been a hit in the ecommerce space. Amazon.com, Inc. (NASDAQ:AMZN) shares advanced 0.96% in last trading session and ended the day at $537.01. AMZN Gross Margin is 31.30% and its return on assets is -0.40%. Amazon.com, Inc. (NASDAQ:AMZN) quarterly performance is 28.13%.

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