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Market Movers: Itau Unibanco Holding SA (ADR) (NYSE:ITUB), QEP Resources, Inc. (NYSE:QEP), Lantronix, Inc. (NASDAQ:LTRX), Regions Financial (NYSE:RF)

Market Movers: Itau Unibanco Holding SA (ADR) (NYSE:ITUB), QEP Resources, Inc. (NYSE:QEP), Lantronix, Inc. (NASDAQ:LTRX), Regions Financial (NYSE:RF)
Written by
Charles Donlon
Published on
October 16, 2014
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Itaú Unibanco Holding SA (ADR) (NYSE:ITUB), Brazil's largest bank by market value, expects loan book growth this year to reach about 8 percent, below the guidance range initially targeted. In a securities filing published on Tuesday, Itaú said the estimate had been unveiled at an investor meeting on Oct. 13 in Belo Horizonte. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) in last trading activity decreased -6.12% to close at $15.02. Company weekly performance is -1.18% while its quarterly performance stands at 3.02%. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) is -18.72% away from its 52 week high.QEP Midstream Partners (NASDAQ:QEPM) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.05. The company had revenue of $30.20 million for the quarter, compared to the consensus estimate of $31.75 million. The company’s revenue for the quarter was down 24.7% on a year-over-year basis. On average, analysts predict that QEP Midstream Partners will post $0.95 earnings per share for the current fiscal year. On last trading day QEP Resources, Inc. (NYSE:QEP) decreased -0.55% to close at $21.84. Its volatility for the week is 8.41% while volatility for the month is 4.01%. QEP's sales growth for past 5 years was 4.80% and its EPS growth for past 5 years was -21.10%. QEP Resources, Inc. (NYSE:QEP) monthly performance is -32.84%.Microsoft Corporation (NASDAQ:MSFT) is wading into messaging with a simple new video-messaging app that works on just about any smartphone, be it an iPhone, Android or Windows Phone. Branded as Skype Qik, the free app is more Vine than FaceTime, with some privacy-minded features helpful for those of us prone to oversharing. Microsoft’s Skype division unleashed Skype Qik on Monday, with a simple interface that allows users to send short, video-only messages. Microsoft Corporation (NASDAQ:MSFT) in last trading activity moved down -1.17% to close at $43.22. Company weekly performance is -7.61% while its quarterly performance stands at -2.33%. Microsoft Corporation (NASDAQ:MSFT) is -9.14% away from its 52 week high.Lantronix, Inc. (NASDAQ:LTRX), a leading global provider of smart IoT (Internet of Things) solutions, on 01 October 2014 announced the launch of its new SLC™ 8000 -- the industry's first modular console manager. Designed to reduce deployment and management costs and time by providing secure, centralized out-of-band management to most IT equipment, the new SLC 8000 can be expanded from eight to 48 ports. Lantronix, Inc. (NASDAQ:LTRX) has 0.90% insider ownership while its institutional ownership stands at 23.80%. In last trading activity company's stock closed at $1.76.Shares of Regions Financial Corp (NYSE:RF) have earned a consensus recommendation of “Buy” from the twenty-two analysts that are presently covering the company. On Wednesday shares of Regions Financial Corporation (NYSE:RF) closed at $9.10. Company's sales growth for last 5 years was -11.10% and EPS growth for next 5 years is recorded as 6.19%.

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