Morning Alert: TriMas Corporation (NASDAQ:TRS), General Motors Company (NYSE:GM), Caterpillar Inc. (NYSE:CAT), United Development Funding IV (NASDAQ:UDF), Medgenics, Inc. (NYSEMKT:MDGN)

TriMas Corp. (NASDAQ:TRS) on Tuesday reported second-quarter earnings of $1.7 million. The Bloomfield Hills, Michigan-based company said it had profit of 4 cents per share. Earnings, adjusted to account for discontinued operations and severance costs, came to 30 cents per share.The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. TriMas Corporation (NASDAQ:TRS) belongs to Industrial Goods sector. Its net profit margin is 5.50% and weekly performance is -17.83%. On last trading day company shares ended up $18.59. TriMas Corporation (NASDAQ:TRS) distance from 50-day simple moving average (SMA50) is -22.02%.

General Motors (NYSE:GM) says it’s investing $877 million to upgrade an assembly plant in Flint. The company plans to build a new, 883,000-square-foot body shop for Flint Assembly, which makes full-size pickups for the Chevrolet and GMC brands. General Motors Company (NYSE:GM) shares moved down -0.51% in last trading session and ended the day at $31.52. GM Gross Margin is 10.90% and its return on assets is 2.50%. General Motors Company (NYSE:GM) quarterly performance is -9.04%.

On July 28, Caterpillar Inc. (NYSE:CAT) announced it will begin independently designing and manufacturing its vocational truck product family at its plant in Victoria, Texas. The plant, which opened in 2012, currently produces hydraulic excavators. Caterpillar launched its first vocational truck, the CT660, in the North American market in 2011. Two more models have since been added to the lineup, the CT680 and CT681. To date, Caterpillar has worked with Navistar for the products’ design and build, which are currently manufactured in Escobedo, Mexico. On 04 August, Caterpillar Inc. (NYSE:CAT) shares moved down -0.85% and was closed at $76.60. CAT EPS growth in last 5 year was 32.70%. Caterpillar Inc. (NYSE:CAT) year to date (YTD) performance is -14.14%.

United Development Funding IV (NASDAQ:UDF) announced that the Trust will release financial results for its second quarter ended June 30, 2015 on Wednesday, August 5, 2015 before the market opens. The Trust will host a conference call that morning at 11:00 a.m. Eastern Time (ET). United Development Funding IV (NASDAQ:UDF) ended the last trading day at $18.05. Company weekly volatility is calculated as 3.32% and price to cash ratio as 41.58. United Development Funding IV (NASDAQ:UDF) showed a weekly performance of 4.09%.

Medgenics, Inc. (NYSEMKT:MDGN) shares moved up 1.16% in last trading session and ended the day at $7.86. MDGN return on assets is -91.50%. Medgenics, Inc. (NYSEMKT:MDGN) quarterly performance is -1.87%.

Leave a Reply

Your email address will not be published. Required fields are marked *