x min read

Big Movers: Oi SA (NYSE:OIBR), Bitauto Holdings Limited (NYSE:BITA), Inuvo, Inc. (NYSEMKT:INUV), Triumph Group, Inc. (NYSE:TGI), Kforce Inc. (NASDAQ:KFRC)

Big Movers: Oi SA (NYSE:OIBR), Bitauto Holdings Limited (NYSE:BITA), Inuvo, Inc. (NYSEMKT:INUV), Triumph Group, Inc. (NYSE:TGI), Kforce Inc. (NASDAQ:KFRC)
Written by
Charles Donlon
Published on
October 15, 2014
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Oi S.A. (NYSE:OIBR), pursuant to art. 157, §4º of Law No. 6,404/76 and CVM Instruction No. 358/02, on Sept. 17 informs its shareholders and the market in general that: The Board of Directors of Oi resolved, in a meeting that took place on this date, to authorize the management of Oi to take the necessary measures for the sale of Oi’s holdings in Africatel Holdings B.V. (“Africatel”), representing 75% of the capital stock of Africatel, and/or its assets.Oi SA (NYSE:OIBR) in last trading activity increased 16.36% to close at $0.64. Company weekly performance is -3.03% while its quarterly performance stands at -14.67%. Oi SA (NYSE:OIBR) is -69.38% away from its 52 week high.Bitauto Hldg Ltd (NASDAQ:BITA) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.09. The company had revenue of $84.20 million for the quarter, compared to the consensus estimate of $79.40 million. Analysts expect that Bitauto Hldg Ltd will post $1.73 EPS for the current fiscal year.On last trading day Bitauto Holdings Limited (NYSE:BITA) increased 4.66% to close at $66.03. Its volatility for the week is 7.32% while volatility for the month is 6.03%. BITA's sales growth for past 5 years was 43.20% and its EPS growth for past 5 years was 11.30%. Bitauto Holdings Limited (NYSE:BITA) monthly performance is -19.08%.Inuvo, Inc. (NYSEMKT:INUV), an Internet marketing and technology company that delivers purchase-ready customers to advertisers through a broad network of desktop and mobile websites and apps, today announced it has amended and renewed its financing agreement with Bridge Bank providing up to a $10 million revolving credit facility through September 2016 as well as a new $2 million term loan through September 2017.On last trading day Inuvo, Inc. (NYSEMKT:INUV) fell -3.10% to close at $1.25. Its volatility for the week is 11.11% while volatility for the month is 9.42%. INUV's sales growth for past 5 years was -3.20% and its EPS growth for past 5 years was 14.90%. Inuvo, Inc. (NYSEMKT:INUV) monthly performance is -18.30%.Triumph Group, Inc. (NYSE:TGI) will release second quarter fiscal year 2015 earnings on Wednesday, October 29th, 2014, after the close of the market. Jeffry D. Frisby, Triumph’s President and Chief Executive Officer, and Jeffrey L. McRae, Triumph’s Senior Vice President and Chief Financial Officer, will host a conference call the following morning, October 30th, 2014, at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast. Triumph Group, Inc. (NYSE:TGI) has 1.10% insider ownership while its institutional ownership stands at 92.40%. In last trading activity company's stock closed at $61.21.The health information management company Kforce Inc. (NASDAQ:KFRC) sold last month is branching out into real estate of its own. The rebranded company, Himagine Solutions Inc., has signed a lease for 15,257 square feet of office space in LakePointe One, a building in Highwoods Properties Inc.’s Tampa Bay Park. On Tuesday shares of Kforce Inc. (NASDAQ:KFRC) closed at $20.09. Company's sales growth for last 5 years was 2.90% and EPS growth for next 5 years is recorded as 20.98%.

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