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Stocks in Action: Platform Specialty Products (NYSE:PAH), Marriott International (NASDAQ:MAR), Sprint (NYSE:S), Mylan (NASDAQ:MYL)

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Stocks in Action: Platform Specialty Products (NYSE:PAH), Marriott International (NASDAQ:MAR), Sprint (NYSE:S), Mylan (NASDAQ:MYL)

by Nathan Webster
October 6, 2014
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Whereas, shares of Platform Specialty Products Corp (NYSE:PAH) (Read Latest Free Analytic Facts on PAH and Be Updated) is in advanced converses to purchase competitor Arysta LifeScience Ltd. for around $3.5B including debt, according to WSJ, quoting people familiar with the matter. Whereas, shares of Platform Specialty Products Corp (NYSE:PAH) traded up of 5.55% to finished at USD27.01 with market capitalization of 3.51 billion. Separately, a research note to investors, 1 analysts rates its stocks at “Buy.”

Marriott International Inc (NASDAQ:MAR) (Get Free Highly Paid Dividend Stocks Reports) and its subsidiary, Marriott Hotel Services, Inc., declared that it will pay $600,000 to resolve a Federal Communications Commission probe into whether Marriott intentionally interfered with and disabled Wi-Fi networks established by consumers in the conference facilities of the Gaylord Opryland Hotel and Convention Center in Nashville, Tennessee, the FCC said Friday. Marriott International Inc (NASDAQ:MAR) stock increase of 1.95% to closed at $68.10 with the total traded volume of 3.76 million shares. The consensus average revenue estimates are $3.43B for latest quarter, at the same time as 15 experts predict $3.49B revenues for the next three months of 2014.

Sprint Corporation (NYSE:S) (Read Report! How S Noticeable Reacts on News Jerk?) declared that in a regulatory filing on Friday that it has begun implementing a workforce reduction plan to reduce costs and help become more competitive in the marketplace. The Overland Park, Kansas-based firm declared that the planned reduction is entice to be largely completed by October 31, and will include certain management and non-management positions. Sprint Corporation (NYSE:S) shares finished at $6.25 with the overall traded volume of 20.73 million shares. The street professionals’ recommendation trends reflect as, stock on “Buy” rating by 4 analysts, while 16 analysts rate its shares as a “hold” security.

Generic drug maker Mylan Inc (NASDAQ:MYL) (Get Visual Access about Inside Factors Trade Here) on Friday lifted that its adjusted earnings outlook for the third quarter and the full-year 2014, quoting primarily improved than anticipated operational performance as well as multiple product approvals and releases in the U.S. during the quarter. Mylan Inc (NASDAQ:MYL) after opening at $48.95 hit its day high price of $51.19 moreover rose 8.02% to closed at $50.23. The consensus average revenue estimates are $2.04B for latest quarter, at the same time as 14 experts predict $2.11B revenues for the next three months of 2014.

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Tags: MARMarriott International IncMYLMylan IncNASDAQ:MARNASDAQ:MYLNYSE:PAHNYSE:SPAHPlatform Specialty Products CorpSSprint Corporation
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Nathan Webster

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