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Active Stocks in Focus: Old Republic International Corporation (NYSE:ORI), Chevron Corporation (NYSE:CVX), Nucor Corporation (NYSE:NUE)

Active Stocks in Focus: Old Republic International Corporation (NYSE:ORI), Chevron Corporation (NYSE:CVX), Nucor Corporation (NYSE:NUE)
Written by
Ryan Mitchell
Published on
October 24, 2014
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InsidrFinancial

Old Republic International Corporation (NYSE:ORI) released that its third quarter earnings of $0.30 a share, $0.04 improved than the Capital IQ Consensus anticipates of $0.26; revenues dropped 0.4% year/year to $1.37B as compared to the $1.32B consensus. Pretax operating income reflected moderately lower general insurance earnings and a continuation of renewed profitability in the run-off mortgage guaranty line. Losses in the consumer credit indemnity portion of the run-off business, however, offset MI profitability. Year-over-year title insurance operating income was lower as transitory weaknesses in housing-related markets eroded the fast-paced earnings progress of the past three years.Shares of Old Republic International Corporation (NYSE:ORI) traded at $14.55 by moving down -0.34% with price volatility of 2.50% for a week and 2.23% for a month. Its beta stands at 0.87 times.Old Republic International Corporation (NYSE:ORI) reported that a new oil discovery at the Guadalupe view in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered important oil pay in the Lower Tertiary Wilcox Sands. The well is located around 180 miles off the Louisiana coast in 3,992 feet of water and it was drilled to a depth of 30,173 feet. Chevron Corporation (NYSE:CVX) stock has highest price of $117.32 in last session, beginning with a price of $116.04 and reported an advance of 1.92% to the closed at $116.19 with a day range of $114.95-$117.32.Nucor Corporation (NYSE:NUE) released that its third quarter earnings of $0.76 a share, $0.01 improved than the Capital IQ Consensus anticipates of $0.75 and on top of previous outlook of $0.70-0.75. Nucor Corporation (NYSE:NUE) stock hit highest price at $51.87, beginning with a price of $51.87 and reported a decrease of -1.14% to the closed at $51.12 with a day range of $50.25-$51.87. The total market capitalization remained 16.299 Billion, total volume of 3.55 Million shares held in the session was surprisingly higher than its average volume of 1915.47 shares.

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