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Active Stocks in Focus: Workday, Inc. (NYSE:WDAY), Portugal Telecom, SGPS S.A. (NYSE:PT), ArcBest Corporation (NASDAQ:ARCB)

Active Stocks in Focus: Workday, Inc. (NYSE:WDAY), Portugal Telecom, SGPS S.A. (NYSE:PT), ArcBest Corporation (NASDAQ:ARCB)
Written by
Ryan Mitchell
Published on
November 5, 2014
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Workday, Inc. (NYSE:WDAY) declared that the City of Orlando has seen greater efficiencies, improved management of costs as well as resources, and rose employee engagement with Workday's unified suite of applications, comprising Workday Financial Management and Workday Human Capital Management Workday, Inc. (NYSE:WDAY) begun last trade with a price of $95.35 and throughout the trading session climbed at a high of $96.25. The day-trade ended with -0.13% to $95.51.According to WSJ, Altice SA has made a binding propose to purchase Portugal Telecom, SGPS (ADR) (NYSE:PT) from its Brazilian owner Oi SA, worth the Portuguese telecom business at €7.03B ($8.8B). The proposal is for the Portuguese assets of former state monopoly Portugal Telecom but keep outs Portugal Telecom’s Rio Forte debt securities, Oi treasury shares and Portugal Telecom financing vehicles, Altice said in a statement. Portugal Telecom, SGPS S.A. (NYSE:PT) has the market capitalization of 1.358 Billion. Shares of firm moved down -4.32% to close at $1.55 with the total traded volume of 1.39 Million. The firm has current ratio of 1.40 for the most recent quarter.ArcBest Corporation (NASDAQ:ARCB) released its third quarter earnings of $0.72 per share. At ABF Freight, Q3 revenue was $523.4M, an 11% surge over $471M in the similar period prevoius year. Operating income surged to $24.7M from $17.2M in Q3 2013. ArcBest Corporation (NASDAQ:ARCB) stock price closed at $41.99 with the total traded volume of 481688 shares. Its price to sales ratio ended at 0.45. Its market capitalization is 1.092 Billion. The stock owned by the Financial Institutions was 90.00% while by insiders was 3.40%.

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