Whats Hot Today: Ambev S.A. (NYSE:ABEV), TETRA Technologies, Inc. (NYSE:TTI), Banc of California, Inc. (NYSE:BANC), Laredo Petroleum, Inc. (NYSE:LPI),

On 25 February, Ambev S.A. (NYSE:ABEV) announces today its results for the 2015 fourth quarter and full year 2015. During 2015, we returned approximately R$ 12.1 billion to equity holders in dividends, interest on capital and buybacks. As of December 31st, 2015, our net cash position was R$ 10,233 million.

Ambev S.A. (NYSE:ABEV) belongs to Consumer Goods sector. Its weekly performance is 2.20%. On last trading day company shares ended up at $4.65. Ambev S.A. (NYSE:ABEV) distance from 50-day simple moving average (SMA50) is 5.57%.

On 26 February, TETRA Technologies, Inc. (NYSE:TTI) announced fourth quarter 2015 adjusted earnings per share of $0.01, excluding Maritech and other charges, which compares to $0.09 per share in the fourth quarter of 2014, also excluding Maritech and other charges. Fourth quarter 2015 revenue of $258 million declined 18% from the fourth quarter of 2014 primarily as a result of a 61% reduction in the North American rig count.

TETRA Technologies, Inc. (NYSE:TTI) shares increased 10.21% in last trading session and ended the day at $5.72. TTI Gross Margin is 18.60% and its return on assets is -6.40%. TETRA Technologies, Inc. (NYSE:TTI) quarterly performance is -38.63%.

Banc of California, Inc. (NYSE:BANC) announced that it has commenced a public offering (the “offering”) of its voting common stock, par value $0.01 per share. The Company expects to use the net proceeds from the offering for general corporate purposes and possibly to redeem certain of its outstanding indebtedness.

On 02 March, Banc of California, Inc. (NYSE:BANC) shares moved down -0.94% and was closed at $15.77. BANC EPS growth in last 5 year was 29.40%. Banc of California, Inc. (NYSE:BANC) year to date (YTD) performance is 7.87%.

Laredo Petroleum Inc (NYSE:LPI) had its target price lowered by equities research analysts at JPMorgan Chase & Co. from $9.50 to $6.00 in a research report issued to clients and investors on Tuesday, MarketBeat.Com reports. The firm presently has an “underweight” rating on the stock.

Laredo Petroleum, Inc. (NYSE:LPI) ended the last trading day at $5.91. Company weekly volatility is calculated as 12.50% and price to cash ratio as 40.49. Laredo Petroleum, Inc. (NYSE:LPI) showed a weekly performance of 34.62%.

Ares Commercial Real Estate Corporation (NYSE:ACRE) reported net income of $8.9 million or $0.31 per diluted common share and record net income of $34.3 million or $1.20 per diluted common share, respectively, for the fourth quarter and full-year of 2015. In addition, the Company announced that its board of directors declared a first quarter 2016 dividend of $0.26 per common share payable on April 15, 2016 to common stockholders of record on March 31, 2016.

Ares Commercial Real Estate Corporation (NYSE:ACRE) shares moved down -2.03% in last trading session and ended the day at $10.14. ACRE Gross Margin is 61.10% and its return on assets is 2.10%. Ares Commercial Real Estate Corporation (NYSE:ACRE) quarterly performance is -19.52%.

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