Active Stocks in the News: Groupon Inc (NASDAQ:GRPN), Axcelis Technologies Inc (NASDAQ:ACLS), AmTrust Financial Services Inc (NASDAQ:AFSI)


On Wednesday, Shares of Groupon Inc (NASDAQ:GRPN),lost -0.47% to $4.27.


Groupon and the Lincoln Park Chamber of Commerce, proclaimed the dispatch of a hyperlocal, devoted Groupon accumulation We Love Lincoln Park, showcasing a whole neighborhood and some of its most prominent nearby organizations. Begun as of late and going through September 10, neighborhood Lincoln Park vendors — whose offerings range from ethnic foods to fun things to do — are running restrictive offers with Groupon to help drive more prominent consciousness of the considerable number of items, administrations and encounters in Lincoln Park.

The gathering additionally highlights an altruistic component — customers can give to one or a few taking an interest neighborhood associations (in products of $10) through a Groupon Grassroots magnanimous crusade. 100% of gifts go specifically to the picked philanthropy (or philanthropies).

“Groupon’s compass is evident and we are excited that Lincoln Park’s various, connecting with and prevalent organizations are being advanced through the synergistic, wide-coming to Groupon model,” said LPCC president and CEO Kim Schilf. “Notwithstanding the promoting advantages, the organizations taking part in our Groupon arrangement will assemble important understanding about the shoppers who buy an arrangement at their shop, eatery, theater or different business.”

Groupon, Inc. works online nearby trade commercial centers that join shippers to customers by offering products and administrations at a rebate around the world. It additionally offers bargains on items for which it goes about as the dealer of record.

Shares of Axcelis Technologies Inc (NASDAQ:ACLS), declined -0.62% to $3.21, during its last trading session.

Axcelis Technologies announced money related results for the second quarter finished June 30, 2015. Highlights contain:

  • Incomes of $78.4 million, a 7% improve over the first quarter.
  • Working benefit of $7.2 million, a 108.5% improve over the first quarter.
  • Enhanced gross edge to 34.6% from 31.9% in the first quarter.
  • Raised money and money counterparts to $78.1 million from $74.5 million in the first quarter.

The Company expressed second quarter income of $78.4 million, complexity to $73.3 million for the first quarter of 2015. Working benefit for the quarter was $7.2 million, complexity to $3.4 million for the first quarter. Net wage for the quarter was $5.9 million, or $0.05 per offer. This contrasts with net wage for the first quarter of 2015 of $1.9 million, or $0.02 per offer. Money and money reciprocals was $78.1 million at June 30, 2015, difference to $74.5 million on March 31, 2015.

President and CEO Mary Puma said, “Axcelis’ top line kept on growwing in the second quarter, driven by enduring Purion framework deals and a powerful administration business. Specifically, the Purion H keeps on picking up piece of the overall industry, and is the quickest developing new item in Axcelis history. Since the begin of the year we have multiplied the quantity of Purion H clients, notwithstanding included three new, non-memory Purion XE clients. The achievement we are seeing with Purion is situating us well for future income and piece of the overall industry development, notwithstanding more grounded profit and income.”

Axcelis Technologies, Inc. outlines, makes, and administrations particle implantation and other preparing gear utilized as a part of the manufacture of semiconductor chips around the world. It gives offers a line of high vitality, high current, and medium current implanters for all application necessities.

Finally, AmTrust Financial Services Inc (NASDAQ:AFSI), ended its last trade with -4.91% loss, and closed at $62.97.

AmTrust Financial Services pronounced that it has come to an agreement to secure Amsterdam based, N.V, Nationale Borg-Maatschappij and its partners from Egeria and HAL Investments. The money price tag of EURO154 million is liable to conformity based upon Nationale Borg’s substantial book esteem at time of shutting. Nationale Borg is a 120 year old, Amsterdam-based universal direct essayist and reinsurer of surety and exchange credit protection in more than 70 nations. In 2014, Nationale Borg produced premiums of EURO91 million. Pending administrative support, the gatherings expect shutting will happen by year-end 2015.

“Consolidating Nationale Borg’s universal and local surety and exchange acknowledge protection operations for AmTrust’s set up surety operations makes an impressive worldwide surety business with over $200 million in premiums,” said AmTrust Financial Services, Inc. President and CEO, Barry Zyskind. “With the fruition of the exchange, AmTrust will be in more than 44 nations and have a stage with more than one hundred years of experience. With this association we trust we can keep on building an adaptable and productive operation in the specialty market for surety and exchange credit protection.”

AmTrust Financial Services, Inc., through its helpers, guarantees and gives property and setback protection in the United States and universally. It works in three fragments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program.


About the Author

Vince Hart
Vince Hart is a quant reporter at JBH News. He studied mathematics at the University of Chicago and Purdue University. :)