MGM Resorts International (NYSE:MGM) has a cost-cutting and revenue-boosting plan it says will earn it an extra $300 million annually before taxes and other costs by 2017, with most centering on the Las Vegas Strip.The plan involves, in part, buying food direct from farmers and ranchers, winnowing the several different types of towels and linens in its multiple resorts, pricing its shows and meals based on demand and getting advice from other industries on streamlining labor costs.MGM Resorts CEO Jim Murren said during a Tuesday conference call to discuss MGM’s better-than-anticipated second-quarter results that the profit growth plan it’s been working on for nearly a year is aimed at redesigning the entire company, describing it as a “seminal internal transformation. MGM Resorts International (NYSE:MGM) belongs to Services sector. Its net profit margin is 0.20% and weekly performance is 13.15%. On last trading day company shares ended up $22.20. MGM Resorts International (NYSE:MGM) distance from 50-day simple moving average (SMA50) is 16.03%.
Amtech Systems Inc. (NASDAQ:ASYS), reported its third quarter earnings Thursday.Amtech reported a loss of $1.6 million, or 12 cents a share, on revenue of $40 million, for the quarter that ended June 30.That compares to a loss of $5.3 million, or 53 cents a share, on revenue of $9.2 million, for the same quarter in 2014. Amtech Systems Inc. (NASDAQ:ASYS) shares fell -8.95% in last trading session and ended the day at $6.00. ASYS Gross Margin is 22.10% and its return on assets is -15.00%. Amtech Systems Inc. (NASDAQ:ASYS) quarterly performance is -44.50%.
PetMed Express, Inc. (NASDAQ:PETS) begin trading ex-dividend on July 30, 2015. A cash dividend payment of $0.18 per share is scheduled to be paid on August 14, 2015. Shareholders who purchased PETS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.88% increase over the same period a year ago. On 07 August, PetMed Express, Inc. (NASDAQ:PETS) shares advanced 1.76% and was closed at $16.81. PETS EPS growth in last 5 year was -5.30%. PetMed Express, Inc. (NASDAQ:PETS) year to date (YTD) performance is 20.82%.
ATRM Holdings, Inc. (NASDAQ:ATRM) announced that a Special Committee of its Board of Directors has set terms for its previously announced rights offering to holders of shares of its common stock.Upon commencement of the rights offering on August 17, 2015, the Company will distribute to its shareholders as of 5:00 p.m., Eastern Time, on July 27, 2015, the record date, one subscription right for each share of the Company’s common stock owned. Each subscription right will entitle the holder to purchase one share of the Company’s common stock at a subscription price of $3.00 per share, with the subscription period expiring at 5:00 p.m., Eastern Time, on September 16, 2015, unless extended. The rights offering also will include an over-subscription privilege, which will entitle each rights holder that exercises its basic subscription rights in full to purchase additional shares of common stock that remain unsubscribed at the expiration of the rights offering, subject to certain limitations. The Company expects to issue an aggregate of 1,246,473 shares of common stock in the rights offering, assuming the rights offering is fully subscribed. ATRM Holdings, Inc. (NASDAQ:ATRM) ended the last trading day at $2.84. Company weekly volatility is calculated as 6.66% and price to cash ratio as 4.75. ATRM Holdings, Inc. (NASDAQ:ATRM) showed a weekly performance of -12.35%.
Euroseas, Ltd. (NASDAQ:ESEA), announced that it will release its financial results for the second quarter ended June 30, 2015 on Tuesday, August 11, 2015, after the market closes in New York. The following day, Wednesday, August 12, 2015, at 9:00 a.m. Eastern Time, the Company’s management will host a conference call and webcast to discuss the results.Euroseas, Ltd. (NASDAQ:ESEA) shares fell -0.30% in last trading session and ended the day at $6.55. ESEA Gross Margin is 93.90% and its return on assets is -11.50%. Euroseas, Ltd. (NASDAQ:ESEA) quarterly performance is -18.12%.