News Buzz: Cordia Bancorp Inc. (NASDAQ:BVA), Kona Grill Inc. (NASDAQ:KONA), Central European Media Enterprises Ltd. (NASDAQ:CETV), Medifast Inc. (NYSE:MED),

Cordia Bancorp Inc. (NASDAQ:BVA), announced that it has sold its student loan origination platform, CordiaGrad, to its chief executive officer, Jack Zoeller, who has stepped down from his positions with Cordia and Bank of Virginia in connection with the transaction. The transaction was approved by a committee of disinterested directors and the Board of Directors. RP Financial, LC. provided a fairness opinion.

Cordia Bancorp Inc. (NASDAQ:BVA) belongs to Financial sector. Its net profit margin is 7.50% and weekly performance is 2.58%. On last trading day company shares ended up at $3.97. Cordia Bancorp Inc. (NASDAQ:BVA) distance from 50-day simple moving average (SMA50) is 0.12%.

Kona Grill Inc. (NASDAQ:KONA) reported Restaurant sales in the fourth quarter of 2015 increased 20.6% to $38.1 million compared to $31.6 million in the prior year same quarter. The increase was driven by operating week growth of 21.2% and a same-store sales increase of 3.2%. The increase in same-store sales reflects higher average check per customer and was partially offset by a slight reduction in traffic. Same-store sales increased 3.1% in the year-ago quarter.

Kona Grill Inc. (NASDAQ:KONA) shares moved down -15.01% in last trading session and ended the day at $12.85. KONA Gross Margin is 37.90% and its return on assets is -3.50%. Kona Grill Inc. (NASDAQ:KONA) quarterly performance is -7.62%.

On 22 February, Central European Media Enterprises Ltd. (NASDAQ:CETV) reported a loss of $11.4 million in its fourth quarter. The company said it had a loss of 11 cents per share. Losses, adjusted to account for discontinued operations, came to 2 cents per share. The media and entertainment company posted revenue of $195.6 million in the period. For the year, the company reported that its loss narrowed to $114.9 million, or 90 cents per share. Revenue was reported as $605.8 million.

On 02 March, Central European Media Enterprises Ltd. (NASDAQ:CETV) shares moved down -0.80% and was closed at $2.47. CETV EPS growth in last 5 year was 14.50%. Central European Media Enterprises Ltd. (NASDAQ:CETV) year to date (YTD) performance is -8.18%.

Medifast, Inc. (NYSE:MED), will announce financial results for the fourth quarter and fiscal year ended December 31, 2015 on Thursday, March 10, 2016, after market close.

Medifast Inc. (NYSE:MED) ended the last trading day at $30.57. Company weekly volatility is calculated as 2.31% and price to cash ratio as 5.41. Medifast Inc. (NYSE:MED) showed a weekly performance of 0.49%.

On 22 February, Lattice Semiconductor Corporation (NASDAQ:LSCC), announced availability of an updated version of its Lattice Diamond® design tool suite, version 3.7. It includes support for more Lattice devices as well as performance improvements to help customers design solutions based on Lattice FPGAs with the lowest possible size, power consumption and cost.

Lattice Semiconductor Corporation (NASDAQ:LSCC) shares moved down -3.38% in last trading session and ended the day at $5.71. LSCC Gross Margin is 54.20% and its return on assets is -19.10%. Lattice Semiconductor Corporation (NASDAQ:LSCC) quarterly performance is -9.22%.

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