Traders Recap – Libbey Inc (LBY), Echostar Corporation (SATS), Teleflex Incorporated (TFX), Federal National Mortgage Assctn Fnni Me (FNMA)

Submitted By on February 22, 2014 - 03:41 PM

Las Vegas, NV – Feb 22, 2014 — (TechSonian) – Libbey Inc. (LBY) released its Q4 net income of $9.28M or $0.42 a share, in contrast to $1.61M or $0.07 per share, last year. Adjusted net income was $12.82 million or $0.58 per share, for the quarter.

Libbey Inc (NYSEMKT:LBY) showed a volume of 266,925 shares by the end of last trade whereas the average volume of the stock remained 67,470.00 shares. The stock opened the session at $23.06 but then moved to $23.26. At that price, the stock showed a positive performance of 1.93%.

Will LBY Continue To Move Higher? Find Out Here  

EchoStar Corp. (SATS), a provider of satellite operations and video delivery solutions, reported that its fourth-quarter net income attributable to shareholders fell to $4.5 million or $0.05 per share from $26.2 million or $0.28 per share a year ago.

Echostar Corporation (NASDAQ:SATS) opened the session at $46.45 and closed the session at $46.49. The stock showed a negative performance of -2.96% in previous trading session. Traded with volume of 2.07 million shares in the prior session and the average volume of the stock remained 223,595.00 shares.

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Teleflex Inc. (TFX) announced that its Q4 2013 net income attributable to common shareholders rose to $34.83 million from $29.32 million in the same quarter last year. On a per share basis, net income remained flat at $0.34, compared to prior year.

Teleflex Incorporated (NYSE:TFX) opened the session at $100.83 and closed the session at $101.19. The stock showed a positive performance of 3.60% in previous trading session. Traded with volume of 991,800.00 shares in the prior session and the average volume of the stock remained 253,853.00 shares. The beta of the stock remained 0.81.

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Mortgage guarantor Fannie Mae (FNMA) declared on Friday a decline in profit for the fourth quarter, hurt by a drop in credit-related income as well as income tax expense.

Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) the stock decreased -0.30% and finished the session at $3.28. Traded with volume of 18.44million shares in the prior session and the average volume of the stock remained 11.55 million shares. The beta of the stock remained 3.41.

Will FNMA Get Buyers Even After The Recent Rally? Find Out Here