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Momentum Stocks: Twenty-First Century Fox, Inc. (NASDAQ:FOXA), MGM Resorts International (NYSE:MGM), AT&T, Inc. (NYSE:T), Alcoa Inc. (NYSE:AA)

Momentum Stocks: Twenty-First Century Fox, Inc. (NASDAQ:FOXA), MGM Resorts International (NYSE:MGM), AT&T, Inc. (NYSE:T), Alcoa Inc. (NYSE:AA)
Written by
Aaron Smith
Published on
October 13, 2014
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Rupert Murdoch's Twenty-First Century Fox Inc. (NASDAQ:FOXA) and Apollo Global Management LLC agreed to combine three of their TV production companies behind hit shows such as "Big Brother", "American Idol" and "Masterchef" under one group. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) in last trading activity decreased -2.05% to close at $32.43. Company weekly performance is -4.81% while its quarterly performance stands at -8.44%. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) is -11.00% away from its 52 week high.As it continues to bulk up its casino empire, MGM Resorts International (NYSE:MGM) has signed on a team of K&L Gates partners to lobby Congress on Native American gaming license issues, according to a government filing. On last trading day MGM Resorts International (NYSE:MGM) decreased -2.95% to close at $20.76. Its volatility for the week is 3.63% while volatility for the month is 3.13%. MGM's sales growth for past 5 years was 6.40% and its EPS growth for past 5 years was 36.30%. MGM Resorts International (NYSE:MGM) monthly performance is -14.36%.AT&T Inc. (NYSE:T) recently donated $6,000 to help support Kent-Sussex Industries’ Transportation Program. This is the second grant KSI has received from AT&T an organization committed to advancing education, strengthening communities and improving lives. Through its philanthropic initiatives, AT&T has a long history of supporting projects that create opportunities. On last trading day AT&T, Inc. (NYSE:T) decreased -1.18% to close at $34.25. Its volatility for the week is 1.38% while volatility for the month is 1.17%. T's sales growth for past 5 years was 0.80% and its EPS growth for past 5 years was 57.50%. AT&T, Inc. (NYSE:T) monthly performance is -0.44%.Alcoa Inc. (NYSE:AA)’s results are being seen as a sign of good times for aluminium producers. Indeed, nothing makes life smoother for metal producers than rising prices. Better realizations can mean more profits at the same output level, other things remaining constant. Last week, shares of Hindalco Industries Ltd and National Aluminium Co. Ltd rose after Alcoa’s results excited investors. Alcoa Inc. (NYSE:AA) has 0.20% insider ownership while its institutional ownership stands at 68.70%. In last trading activity company's stock closed at $14.71.On October 6, Taiwan headquartered LED chips and components manufacturer SemiLEDs Corporation (NASDAQ:LEDS) is due to release its fourth quarter and year end annual results for period ending 31th August. In the run up to the Q4 results announcement, the stock of this lighting solutions firm has been posting an impressive bull run at the markets last week. On Friday shares of SemiLEDs Corporation (NASDAQ:LEDS) closed at $0.39. Company's sales growth for last 5 years was 4.10% and EPS growth for next 5 years is recorded as 50.00%.

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