Stocks on the Run: Alcoa Inc (NYSE:AA), Honeywell International Inc. (NYSE:HON), AGNC Investment Corp (NASDAQ:AGNC)

On Thursday, Shares of Alcoa Inc (NYSE:AA), subtract -1.33% and closed at $26.75 in the last trading session. The last trading range of the stock ranges between $26.22 and $26.92. Alcoa Inc. (AA) recently declared that future companies, Arconic and Alcoa Corporation, will each host shareholder events in October. The separation of Alcoa Inc. into two standalone public companies is planned to become effective before the opening of the market on November 1, 2016. Arconic will trade on the New York Stock Exchange under the symbol “ARNC;” Alcoa Corporation will be listed on the NYSE under the symbol “AA.”

Honeywell International Inc. (NYSE:HON), jumped 0.77% and closed at $108.26 in the last trading session. The last trading range of the stock ranges between $106.55 and $108.68. The company’s Market capitalization is $83.66 Billion with the total outstanding Shares of 760.87 million. Honeywell (HON) recently declared it has updated its previous guidance for the third quarter of 2016 to reflect the separation of the former Automation and Control Solutions reporting segment into two new reporting segments; the acquisition of Intelligrated, which closed on August 29, 2016; the sale of the Honeywell Technology Solutions (HTSI) government services business, which closed on September 16, 2016; the spin-off of Resins and Chemicals as AdvanSix Inc., which became effective on October 1, 2016; and lower outlooks in certain business segments.

The company also declared it has elected to adopt the Financial Accounting Standards Board’s (FASB) Accounting Standards Update 2016-09 for stock compensation in the third quarter, which is in advance of the mandatory 2017 effective date. As a result of the early adoption, the company is required to report the impacts as though the accounting standard update had been adopted on January 1, 2016. Accordingly, the first- and second-quarter results have been recast to reflect a $0.03 and $0.04 tax benefit, respectively. Benefits from the accounting change and sale of HTSI will be deployed to fund restructuring and other charges in the third quarter.

AGNC Investment Corp (NASDAQ:AGNC), jumped 0.67% and closed at $19.54 in the last trading session. The last trading range of the stock ranges between $19.36 and $19.63. During the 52-week trading session the minimum price at which share price traded, registered at $15.69 and reached to max level of $20.10. MTGE Investment Corp. (“MTGE” or the “Company”) (MTGE) declared recently that it has replanned the time of its third quarter 2016 stockholder call and webcast on November 3, 2016 to 8:30 am ET.  As formerly declared, MTGE will release its third quarter earnings after market close on November 2, 2016.

Callers who plan on participating in the Q&A or do not have the internet available may access the stockholder call by dialing (877) 503-6874 (U.S. domestic) or (412) 902-6600 (international).  Please advise the operator you are dialing in for the MTGE Investment Corp. stockholder call.  Callers who do not plan on asking a question and have access to the internet are encouraged to utilize the free live webcast.


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