Trader’s Watch List: American Electric Power Company Inc (NYSE:AEP), Interpublic Group of Companies Inc (NYSE:IPG), Weibo Corp (ADR)(NASDAQ:WB)

On Tuesday, Shares of American Electric Power Company Inc (NYSE:AEP), subtract -2.09% and closed at $62.18 in the last trading session. The last trading range of the stock ranges between $61.82 and $63.47. American Electric Power (AEP) is seeking offers for the supply of coal to one or more of its generating stations.

AEP is seeking spot delivery proposals for up to 300,000 tons of coal, FOB barge, starting in October 2016 and ending in December 2016. In addition, AEP is seeking spot delivery proposals for up to one million tons of coal, FOB barge, and up to 500,000 tons of coal, FOB CSX rail, in 2017. AEP is open to alternative pricing structures or other innovative, value-added concepts. Proposals with alternative terms will be accepted. Accepted bids will be at AEP’s discretion.

Interpublic Group of Companies Inc (NYSE:IPG), dropped -0.78% and closed at $22.20 in the last trading session. The last trading range of the stock ranges between $22.13 and $22.55. The company’s Market capitalization is $8.91 Billion with the total Outstanding Shares of 400.71 million. BEF Foods, the grocery products division of Bob Evans Farms, Inc., recently declared that McCann Detroit has been awarded its creative and shopper marketing business, supporting its grocery segment of refrigerated and frozen convenience foods. The agency selection followed a competitive review process and is effective right away.

“McCann Detroit has a genuine enthusiasm for our brand, and it’s clear that they understand and love our products. We know they will bring excitement and passion to this partnership,” said Mike Townsley, BEF Foods President. “The Bob Evans name is already synonymous with wholesome, homestyle foods. Now, working together with McCann Detroit, we’re eager to bring our delicious offerings to even more dinner tables across the country.”

“We’re thrilled to team up with BEF Foods and spread the word about their incredible products filled with Farm-Fresh Goodness,” said Mel Smart, Executive Vice President and General Manager of McCann Detroit. “The combination of our agency’s creative capabilities and their delectable foods is a perfect match. We look forward to bringing a new energy and a fresh intensity to the BEF Foods brand nationwide while strengthening their position as the category leader in refrigerated side dishes.”

Weibo Corp (ADR)(NASDAQ:WB), gained 6.55% and closed at $54.34 in the last trading session. The last trading range of the stock ranges between $50.81 and $55.59. During the 52-week trading session the minimum price at which share price traded, registered at $12.09 and reached to max level of $55.59. Weibo Corporation operates as a social media platform for people to create, distribute, and discover Chinese-language content. It operates through two segments, Advertising and Marketing Services, and Other Services. The company offers self-expression products that facilitate its users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products to assist users discover content on its platform; and notifications to notify users on Weibo account activities through SMS or push notification on their device. It also provides third-party online games, counting role playing, card, strategy, and real life simulation games, in addition to various services and functions to VIP members; and develops mobile apps comprising Weibo Headlines that aggregates news and information from Weibo and other online sources, in addition to Weibo Weather, a weather app. In addition, the company offers advertising and marketing solutions, such as social display ads; and promoted feeds, accounts, and trends to facilitate its customers to promote their brands and conduct marketing activities. Further, it provides products that allow its platform partners to link their Websites and mobile apps to its platform, enabling their users to share content to Weibo; application programming interfaces, which allow third-party developers to build apps to serve individual and organization users; Weibo Credit that allows its users to purchase in-game virtual items and other fee-based services on Weibo, in addition to for its platform partners to receive payment in a secure and trusted environment; and Weibo wallet, enabling individuals and businesses to hand out red envelops to build a follower base. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012.

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