Empire District Electric (EDE) Hits New High Over Graphic Packaging Holding (GPK), Amkor Technology (AMKR), Comscore (SCOR)

The Empire District Electric Company (EDE) Thursday announced first-quarter profit of $20.9 million or $0.48 per share, up from $12.6 million or $0.30 per share in the same period last year. Looking formerly to the fiscal year 2014, the company projects normal earnings in the range of $1.38 to $1.50 per share. Empire District Electric Co. (NYSE:EDE), Electric Utilities company, burgeoned 1.93% in last regular trading to $24.77. The stock is priced with the difference of 9.69% 200-day simple moving average and 3.76% 50-day moving average. EDE’s return on investment is 6.60%. Company’s 48.70% shares are under accumulation by financial institutions compare to 0.50% by insiders. EDE’s yearly performance is 15.69%. Experts rate it a ‘Hold’ stock.

Graphic Packaging Holding Co. (GPK), a provider of packaging solutions to food, beverage and other consumer products companies, pointed out the company and its subsidiary, Graphic Packaging International, Inc., have agreed to sell their Multi-wall Bag business to Mondi Group. The non-core assets to be sold consist of 9 Multi-wall Bag converting plants located across the U.S. Graphic Packaging Holding Company (NYSE:GPK), Packaging & Containers company, soared 0.52% in last trading session and ended the day on $11.63. The stock is trading 0.52% below its 52-week high and 57.59% above its 52-week low. At the closing bell, shares in Graphic Packaging Holding Company recorded a trading volume of 4948800. Its total outstanding shares are 326.94 million with the market capitalization of $3802.31 million. GPK showed 2.38% weekly performance. Investment experts consider it a ‘Buy’ stock.

Tessera Technologies Inc. (TSRA) reported Wednesday that its Tessera, Inc. subsidiary received an arbitration award alongside Amkor Technology Inc. (AMKR) from the International Court of Arbitration of the International Chamber of Commerce or ICC. The total award of all over $145 million includes $20 million paid by Amkor in 2012, unpaid principal of $113 million, and estimated unpaid interest of $12 million through the date of the award. Amkor Technology, Inc. (NASDAQ:AMKR), Semiconductor – Integrated Circuits company, collapsed -0.25% in last trading session and ended the day on $12.18. The stock is trading -0.41% below its 52-week high and 211.51% above its 52-week low. AMKR’s price to free cash flow is 70.11%. Company is trading at a P/E multiple of 23.42x with 3.13% monthly volatility. The stock is having 13.80% return on equity and 3.70% return on assets. AMKR’s year to date performance is 98.69%. We recommend to ‘Hold’ the stock.

comScore, Inc. (SCOR) conveyed Thursday that chief financial officer Kenneth Tarpey will retire from the company in August 2014. The company mentioned it has retained Charles Walton of Kindred Partners to assist with a search for a successor. Serge Matta, comScore’s chief executive officer, said, “Over the past five years, Ken has led and enhanced comScore’s Finance function during a period of rapid growth and development, comprising international expansion and multiple acquisitions.” The price of comScore, Inc. (NASDAQ:SCOR), Business Services company, stock burgeoned 0.37% to $35.03. The stock is dealing at -0.48% below its 52-week high and 56.73% above its 52-week low. Company has 36.10 million shares outstanding with $1264.58 million market capitalization. comScore, Inc. has -$0.03 EPS currently and sees 80.00% growth this year and 556.60% next year. SCOR’s yearly performance is 50.28%. Investment experts consider it a ‘Hold’ stock.

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Jason Tolbert is a stock analyst with The Downtown Leader. If you have a great story idea for Jason Tolbert, you can write at [Jason.Tolbert@downtownleader.com ].

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