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HomeBusiness NewsStocks Hurt By Declaration: Blackhawk Network Holdings, Inc. (NASDAQ:HAWK), ON Semiconductor Corp....

Stocks Hurt By Declaration: Blackhawk Network Holdings, Inc. (NASDAQ:HAWK), ON Semiconductor Corp. (NASDAQ:ONNN), American Tower Corporation (NYSE:AMT)

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Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) released that its Q4 net income of $42.72M or $0.77 per share, decrease from $49.27M or $0.92 per share previous year. The decline in net income was driven primarily by Cardpool’s non-cash contingent consideration credit from the year-ago period that did not repeat in the latest quarter, amortization of intangibles and interest expense related to the late 2013 acquisitions of InteliSpend as well as Retailo, and the acquisition of Parago in October 2014. Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) has the market capitalization of 1.901 Billion. Shares of firm moved down -10.28% to close at $35.87 with the total traded volume of 2.3 Million.

ON Semiconductor Corp. (NASDAQ:ONNN) reported that it has successfully demonstrated its second generation Phase Detect Auto Focus technology featuring a sole pixel micro-lens technology that enables fast focus at 25 Lux light levels. ON Semiconductor Corp. (NASDAQ:ONNN) stock price closed at $12.86 with the total traded volume of 18.74 Million shares. Its price to sales ratio ended at 1.77. Its market capitalization is 5.606 Billion.

American Tower Corporation (NYSE:AMT) released that the pricing of its concurrent registered public proposing of 23.5M shares of common stock at $97.00 per share and 12.5M depositary shares. The firm reported that the pricing of its concurrent registered public offerings of 23.5M shares of common stock at $97.00 a share and 12.5M depositary shares, each representing a 1/10th interest in a share of 5.50% Mandatory Convertible Preferred Stock, Series B, at $100.00 per depositary share. American Tower Corporation (NYSE:AMT) begun last trade with a price of $97.56 and throughout the trading session climbed at a high of $100.80. The day-trade ended with 1.05% to $98.88.

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