30th of July, Thursday was a good day for MedAssets at the stock market where it saw a gain of a huge 10.75% which got its shares to be traded at a price of $23.59.
The reason behind the gain could be that the company recently announced results for its second quarter. The company saw an increase in the net revenues which were $175.4 million in the second quarter of previous year and now stand at $190.4 million. They saw an increase of 8.2%. Even in other sectors, the company has seen a growth.
MedAssets is a health care performance improvement country which is based in the United States of America. The company has its headquarters in Alpharetta and provides its products to over 4400 hospitals and more than 120,000 non-acute health care providers in New Jersey, Colorado, Washington, Texas and California.
Pitney Bowes Inc. wasn’t as lucky as MedAssets. The company saw a loss in the market of -1.54% which made the shares of the company to be traded at a cost of $20.45.
This is also a surprising news since the company was speculated to see a rise at the stock market. This was because recently an announcement was made thatPitney Bowes (PBI) and General Electrics (GE) acknowledged that an alliance is made which will develop tailored asset performance administration applications for Pitney Bowes and its customers. These services will be built and powered by Predix which is General Electric’s software platform for the Industrial Internet. This will allow and empower Pitney Bowes to studythe data which will becreated from its own production mailing and shipping machines and also of its clients. This will help the company in providing client and productivity services and on top of that job scheduling capabilities which will further improve business results.
Pitney Bowes Inc. is a provider of technology based solutions for its clients internationally and in the United States of America. It has its base in Stamford and enjoys its position in the S&P 500. It was established in 1957 and deals with providing ecommerce solutions to its clientele.
CARBO Ceramics also faced a good day at the market and saw an increase of 6.66% which made its shares to be traded at a price of $37.02.
Recently the company announced that its Board of Directors have come up to a decision of paying $0.10 per share to its stock holders. The payment will be made on the 17th of August.
It is a company that makes and deals with selling of resin-coated ceramic proppants, and resin-coated sand proppants which are used in hydraulic fracturing of oil and gas wells in the United States and internationally as well.