Worth Watching Active Movers: AES Corp (NYSE:AES), AmerisourceBergen Corp. (NYSE:ABC)

On Wednesday, Shares of AES Corp (NYSE:AES), subtract -3.38% and closed at $12.01in the last trading session. The last trading range of the stock ranges between $11.91 and $12.30. The AES Corporation (AES) recently declared the advancement of its efforts to lead transformation in the energy industry with an open innovation contest targeted at improving the safety and increasing availability of power plants through unmanned inspections in extreme heat.

Andrés Gluski, AES President and CEO, said, “AES takes our mission of improving lives seriously and recognizes that recently’s energy solutions must evolve to meet tomorrow’s needs. Engaging and collaborating with great thinkers outside our company and industry allows us to extend our internal innovation capabilities to create the best solutions for the future.”

AES has a history of innovation in the industry, starting with the company’s founding as one of the U.S.’s first independent power producers and continuing through recently as the world’s leading provider of energy storage solutions through its Advancion® product and leading user of drone-based applications in the electricity sector. The company remains committed to its efforts to turn ideas into real solutions by focusing on three areas that impact its ability to improve lives: developing a clean, unbreakable grid; creating a safer, smarter workplace; and considering the full energy value chain when seeking solutions to meet the challenges of growing communities and economies around the world.

AmerisourceBergen Corp. (NYSE:ABC), jumped 9.53% and closed at $75.61 in the last trading session. The last trading range of the stock ranges between $71.75 and $76.15. The company’s Market capitalization is $17.26 Billion with the total Outstanding Shares of 214.65 million. AmerisourceBergen Corporation (ABC) recently stated that in its fiscal year 2016 fourth quarter ended September 30, 2016, revenue raised 5.9 percent to $37.6 billion. Revenue raised 8.0 percent to $146.8 billion in the fiscal year. On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share was $0.64 for the September quarter of fiscal 2016, a decrease of 59.0 percent. GAAP diluted earnings per share for the fiscal year was $6.32, contrast to a loss of $0.63 in the prior year.

Adjusted diluted earnings per share, which excludes items described below, raised 12.1 percent to $1.30 in the fiscal fourth quarter. For fiscal year 2016, adjusted diluted earnings per share raised 13.8 percent to $5.62.

The Company also declared that its Board of Directors authorized a new $1 billion regular share repurchase program which, together with available capacity under the existing regular share repurchase program, permits the Company to purchase up to $1.1 billion in shares of its common stock, subject to market conditions. The company had 220.1 million shares outstanding as of September 30, 2016.

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