Up to Date Stocks News Update: Halliburton (NYSE:HAL), Mylan (NASDAQ:MYL), MannKind (NASDAQ:MNKD)
On Wednesday, Halliburton Company (NYSE:HAL)s shares inclined 2.11% to $38.27.
Halliburton Company (HAL) has the market capitalization of $32.08 billion. The stock has P/B ratio of 2.12 while EPS was $0.31. Institutional ownership of the company was 79.90% while 855.81 million shares were outstanding. Net profit margin of the Company was 0.90% while its gross profit margin was 12.40%. Share of the company moved above its SMA 50 with 1.79%. ROE ratio was 1.60% while ROI was 15.90%.
Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions, which form the basis for its two operating segments: the Completion and Production segment, and the Drilling and Evaluation segment.
Mylan NV (NASDAQ:MYL)s shares gained 1.81% to $44.89.
Mylan NV (MYL) has market capitalization of $43.35 billion. Its current ratio was 1.50 while its shares were below its 50 days simple moving average with -2.59%. The company offered earning per share of $2.18 while its 491.55 million shares were outstanding. YTD performance of the company was -20.37%. Stock volatility for the week was 5.67% while for the month it was shown at 4.78%.
Mylan, declared that the Tel Aviv District Court denied an attempt by Perrigo Company plc ( PRGO) to prevent Mylan from listing its shares on the Tel Aviv Stock Exchange (TASE).
Mylans Executive Chairman Robert J. Coury commented, We are very happy by the Courts ruling, clearing the way for the TASE to approve our listing and for Perrigos Israeli shareholders to take part in our highly compelling offer, which would provide them with immediate and noteworthy accretion, 2.3 Mylan shares and $75 in cash for each Perrigo share tendered, in addition to a highly attractive multiple. Mylan looks forward to receiving the final approval of the TASE, signaling our strong commitment to Israel and the Israeli market. We look forward to traveling to Israel next week to personally celebrate our new listing and meet directly with Perrigo shareholders to further discuss our attractive offer.
We are extremely attracted to the innovative R&D and biotech ecosystem and talent pool that exist in Israel, and we are very excited to learn more about the opportunities for Mylan in this dynamic market. Not only will listing Mylans shares on the TASE maintain liquidity in Israel for the convenience of those Perrigo shareholders in Israel who prefer to trade on the TASE, it also will allow Mylan to access a new shareholder base irrespective of the Perrigo offer.
Mylan N.V., formerly Mylan Inc., is a global pharmaceutical company, which develops, licenses, manufactures, markets and distributes generic, branded generic and specialty pharmaceuticals. Mylan operates in two segments: Generics and Specialty.
At the end of Wednesday’s trade, MannKind Corporation (NASDAQ:MNKD)s shares surged 5.29% to $3.78.
MannKind Corporation (MNKD) Its past 5-day performance at 21.94%. So far in 2015, the company has a year-to-date performance of -27.52%. The stock, as of last close, traded 31.25% up from its 52 week low and was -52.03% below its 52 week high. Its latest closing price was -23.08% below the SMA200 while the distance from SMA 50 and SMA 20 was 9.20% and 17.57% respectively.
MannKind Corporation (MannKind) is a biopharmaceutical company focused on the discovery and development of therapeutic products for diseases, such as diabetes. The Companys product candidate is AFREZZA, inhaled insulin used to control high blood sugar in adults with type one and type two diabetes and also to improve glycemic control. AFREZZA comprises of a dry formulation of human insulin delivered from a small and portable inhaler.