Axion Power International (AXPW) Momentum Outperform; Aramark (ARMK) Above-Consensus Profit

Axion_Power_AXPW

Shares of Axion Power International Inc. (Nasdaq:AXPW) are soaring for the second day in a row, currently trading for about $1.51, up $0.44 (or +41.12%)

The company recently completed a $9.0 million private placement in senior convertible notes and warrants. For the quarter ended September 30, 2015, Axion Power posted net sales of $166,980 and a net loss of ($374,666) or ($0.11) per share

Axion Power, an industry leader in lead-carbon energy storage, has 3.93M Shares Outstanding and AXPW stock 52-week range is between $0.64 and $60.20 per share (the company effected a 1-for-35 reverse split on July 2015)

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Aramark_ARMK

Aramark (NYSE:ARMK) shares climbed in early trade on Wednesday as the company delivered quarterly profit above analysts’ expectations.

For its fourth quarter fiscal 2015, Aramark posted sales of $3.5 billion and adjusted net income of $110 million or $0.44 per share, topping the Capital IQ Consensus estimate of $0.40 earnings per share for the period

ARMK stock is currently trading at around $31.98 level, up $2.36 (or +7.97%), and 1,833,898 of its shares exchanged hands so far.

Aramark, a global leader in food, facilities management, and uniforms, has 238.10M Shares Outstanding and ARMK stock one-year range is $27.75 – $33.78 per share.

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