Morning Watch List: Xtera Communications, Inc. (NASDAQ:XCOM), PharMerica Corporation (NYSE:PMC), Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), AK Steel Holding Corporation (NYSE:AKS),

Xtera Communications Inc (NASDAQ:XCOM) had its target price reduced by BMO Capital Markets to $6.00 in a report issued on Thursday, reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ target price indicates a potential upside of 93.55% from the company’s current price.

Xtera Communications, Inc. (NASDAQ:XCOM) belongs to Technology sector. Its weekly performance is -2.99%. On last trading day company shares ended up at $3.25. Xtera Communications, Inc. (NASDAQ:XCOM) distance from 50-day simple moving average (SMA50) is -3.85%.

PharMerica Corporation (NYSE:PMC) reported its financial results for the fourth quarter and full year ended December 31, 2015. Revenues for the fourth quarter of 2015 were $520.6 million compared with $523.5 million for the fourth quarter of 2014. The decrease in revenues was driven by a decline of 1.1 million in prescriptions dispensed offset by significant growth in the Company’s specialty pharmacy businesses.

PharMerica Corporation (NYSE:PMC) shares decreased -27.30% in last trading session and ended the day at $22.48. PMC Gross Margin is 16.90% and its return on assets is 1.70%. PharMerica Corporation (NYSE:PMC) quarterly performance is -33.67%.

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) said that, it will issue its Q415 quarterly earnings data on Monday, February 29th.

On 26 February, Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) shares advanced 2.00% and was closed at $1.53. ARNA EPS growth in last 5 year was 20.30%. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) year to date (YTD) performance is -19.47%.

AK Steel Holding Corporation (NYSE:AKS) said that it will increase base prices for all of its stainless steel products, effective with shipments on March 1, 2016. For commodity sheet and strip, specialty sheet and strip, and pipe and tube sheet and strip products, the increase will be achieved through a reduction in the functional discount of two percentage points.

AK Steel Holding Corporation (NYSE:AKS) ended the last trading day at $2.74. Company weekly volatility is calculated as 6.52% and price to cash ratio as 8.61. AK Steel Holding Corporation (NYSE:AKS) showed a weekly performance of 8.73%.

Farmers National Banc Corp. (NASDAQ:FMNB) declared a cash dividend of $0.04 per share. The common stock cash dividend will have a record date of March 11, 2016 and is payable to shareholders on March 31, 2016. The 2016 first quarter dividend payment represents a 33% increase over the 2015 first quarter dividend payment.

Farmers National Banc Corp. (NASDAQ:FMNB) shares moved up 0.12% in last trading session and ended the day at $8.43. FMNB return on assets is 0.50%. Farmers National Banc Corp. (NASDAQ:FMNB) quarterly performance is 0.60%.

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