E TRADE Financial Corporation (NASDAQ:ETFC) shares gained 7.23% and closed at $7.86 in yesterday’s session. The 52 week trading range for the company is $7.08 - $13.75. The shares of the company have plunged 35% in the last one year. The shares of the company had its “equalweight” rating restated by analysts at Barclays Capital in a research report issued to clients and investors last month.
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Companhia Siderurgica Nacional (ADR) (NYSE:SID) shares jumped 7.14% and closed at $5.10 in the last trading session. The 52 week trading range for the company is $4.43 - $10.99. The shares of the company have plunged 44% in the last one year. The company is a Brazil-based company primarily engaged in the steel industry.
Sirius XM Radio Inc (NASDAQ:SIRI) shares climbed 2.37% and closed at $2.16 in the previous trading session. Maxim Group reissued their buy rating on shares of Sirius XM Radio in a report released on Friday. Additionally, the company will unveil its latest earnings on Tuesday, August 7, 2012. The average analyst estimate is for net income of $0.02 per share, a decline of 33.3% from the company’s actual earnings for the year-ago quarter.
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Pitney Bowes Inc. (NYSE:PBI) shares increased 7.11% and closed at $13.86 in yesterday’s session. The company last week reported second-quarter net income of $99.6 million, as against $100.9 million in the comparable quarter last year. Earnings per share for the quarter were $0.50, compared to $0.49 per share a year ago. Adjusted income from continuing operations for the quarter was $100.1 million or $0.50 per share, as compared to $105.5 million or $0.52 per share in the year-ago quarter. Total revenue declined 5% to $1.25 billion from $1.31 billion in the same period last year. Analysts expected the company to earn $0.49 per share on revenues of $1.25 billion for the quarter.
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Arrow Electronics, Inc. (NYSE:ARW) shares jumped 6.91% and closed at $35.11 in the last trading session. Research analysts at Brean Murray dropped their target price on shares of Arrow Electronics from $45.00 to $41.00 in a report released last week. Moreover, analysts at Stifel Nicolaus maintained its Buy rating on the shares of the company but lowered its price target from $48 to $45.