Stocks in Focus: Marathon Petroleum Corporation (NYSE:MPC), Sorrento Therapeutics, Inc. (NASDAQ:SRNE), Micron Technology (NASDAQ:MU), Bank of the Ozarks (NASDAQ:OZRK), Gladstone Land (NASDAQ:LAND)

Marathon Petroleum Corporation (NYSE:MPC) belongs to Basic Materials sector. Its net profit margin is 3.70% and weekly performance is 7.34%. On last trading day company shares ended up $58.78. Marathon Petroleum Corporation (NYSE:MPC) distance from 50-day simple moving average (SMA50) is 13.80%. Marathon Petroleum (NYSE:MPC) announced its master limited partnership, MPLX (MPLX), will buy natural gas processor MarkWest Energy Partners (MWE) in a deal valued at roughly $15.8 billion.

Sorrento Therapeutics, Inc. (NASDAQ:SRNE) shares advanced 7.08% in last trading session and ended the day at $18.30. SRNE Gross Margin is 47.40% and its return on assets is -28.70%. Sorrento Therapeutics, Inc. (NASDAQ:SRNE) quarterly performance is 52.12%. On July 9, Globavir Biosciences, Inc., a specialty biotechnology company developing small molecule drugs to treat cancer and infectious diseases, and Sorrento Therapeutics, Inc. (NASDAQ:SRNE), announced that the companies have entered into an agreement under which Globavir exclusively licensed its novel oncology compound, BC001, to Sorrento Therapeutics.

Micron Technology, Inc. (NASDAQ:MU) belongs to Technology sector. Its net profit margin is 21.30% and weekly performance is -3.88%. On last trading day company shares ended up $17.61. Micron Technology, Inc. (NASDAQ:MU) distance from 50-day simple moving average (SMA50) is -29.16%. China’s largest state-owned chip maker Tsinghua Unigroup Ltd. has made a $23 billion bid to buy U.S. memory chip maker Micron Technology Inc. (NASDAQ:MU), the Wall Street Journal reported Monday, citing people familiar with the matter. According to the WSJ report, Tsinghua Unigroup has offered to acquire Micron Technology for $21 per share, representing a 19.3 percent premium to Micron’s closing stock price of $17.61 on Monday. Tsinghua Unigroup has reportedly presented a letter to Micron, outlining its bid.

Bank of the Ozarks, Inc. (NASDAQ:OZRK) shares increased 1.25% in last trading session and ended the day at $46.29. OZRK return on assets is 2.30%. Bank of the Ozarks, Inc. (NASDAQ:OZRK) quarterly performance is 23.44%. Bank of the Ozarks Inc (NASDAQ:OZRK) on Monday reported second-quarter net income of $44.8 million or $0.51 per share compared with $26.5 million or $0.34 per share last year. Analysts polled by Thomson Reuters expected earnings of $0.51 per share for the quarter. Analysts’ estimates typically exclude special items.

Gladstone Land Corporation (NASDAQ:LAND) shares decreased -0.09% in last trading session and ended the day at $10.98. LAND Gross Margin is 79.50% and its return on assets is -0.10%. Gladstone Land Corporation (NASDAQ:LAND) quarterly performance is -8.76%.

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