Oceaneering International (NYSE:OII), a provider of engineered products and services to the offshore oil and gas industry, reported Monday its financial results for Q1 2016 that trailed analyst estimates. Net income for the quarter was $25.1 million, or $0.26 per share; down from $69.5 million, or $0.70 per share in Q1 2015.

Capital IQ provided a Street estimate of $0.35 earnings per share. Revenues were $608.3 million, down from $786.8 million reported for the same period last year. The Street estimate called for revenues of $640 million. Shares were inactive pre-bell, below the midpoint of the 52-week range of $25.33 – $55.98.

The stock decreased 4.04% or $1.42 during the last trading session, hitting $33.73. Oceaneering International (NYSE:OII) has declined 16.80% since September 18, 2015 and is downtrending. It has underperformed by 23.43% the S&P500.

Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry worldwide. The companyÂ’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drilling support in the oil and gas industry; and drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services. As of December 31, 2015, this segment owned a fleet of 315 ROVs.

Its Subsea Products segment constructs various subsea hardware products comprising subsea umbilicals utilizing thermoplastic hoses and steel tubes; tooling, and ROV tooling and subsea work packages; production control equipment; installation and workover control systems; clamp connectors; pipeline connectors and repair systems; subsea and topside control valves; and subsea chemical injection valves. The companyÂ’s Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves deepwater projects and shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossings, umbilical and other subsea equipment installations, and subsea intervention, as well as inspection, maintenance, and repair services. Its Asset Integrity segment offers asset integrity services to enhance the reliability and safety of their facilities onshore and offshore, as well as third-party inspections to customers in the oil and gas, petrochemical, and power generation industries; and first-pass integrity evaluation and assessment, and nondestructive testing services. The companyÂ’s Advanced Technologies segment offers project management, engineering services, and equipment for applications in non-oilfield markets. Oceaneering International, Inc. was founded in 1964 and is based in Houston, Texas.

The post Oceaneering Q1 Results Miss Wall Street Estimates (NYSE:OII) appeared first on Sonoran Weekly Review.

The stock decreased 1.54% or $0.27 on April 25, hitting $17.28. Seaspan Corporation (NYSE:SSW) has risen 4.02% since September 18, 2015 and is uptrending. It has underperformed by 2.61% the S&P500.

Seaspan Corporation operates as an independent charter owner and manager of containerships in Hong Kong. The company charters its containerships pursuant to long-term, fixed-rate time charters to various container liner companies. As of February 29, 2016, its fleet consisted of 85 containerships and 9 newbuilding containerships. The company was founded in 2005 and is based in Majuro, Marshall Islands.

The post Seaspan Q1 Adjusted Profit Beats Street Mark, Revenues in Line (NYSE:SSW) appeared first on Sonoran Weekly Review.

eBay (NASDAQ:EBAY) is expected to report lower first-quarter earnings and revenue than in the prior-year period, as the online auctioneer and commerce company continues to grapple with currency headwinds while working to make its offerings more search-engine-friendly. On average, analysts polled by Capital IQ are expecting first-quarter 2016 adjusted earnings of $0.45 per share, down from the prior-year period’s $0.77 per share. In late January, the company forecast first-quarter adjusted earnings from continuing operations of $0.43 to $0.45 per share.

Analysts’ mean estimate for revenue is $2.08 billion, less than half the year-earlier period’s $4.45 billion. The company’s guidance in late January was for first-quarter revenue between $2.05 billion and $2.10 billion. In a note sent to clients on Monday, Canaccord Genuity analyst Michael Graham said the indicators the firm tracks suggest the first quarter will be a “solid quarter” for the eBay Marketplace’s gross merchandise volume. Still, it noted currency headwinds remain, as the UK and Germany are large contributors – about 16% and 15% of net revenue, respectively- and “while the euro has strengthened sequentially (though only modestly), it remains pressured [year over year] and the British pound remains consistently weak.” In March, BMO Capital Markets initiated coverage of EBAY with a market perform investment rating, saying it was beginning the coverage “on the sidelines as eBay remains early in its structured data initiatives and potential capital-return scenarios may improve in 2017.” BMO noted at the time that eBay was “about eight months into its 18-24 month transition from a set of singular listings/URLs to more search engine-friendly, catalogued, product pages,” adding “we believe that its current valuation properly accounts for this early stage and downside risk focuses largely on execution.” The company plans to release the results in Tuesday’s after-hours session.

The stock decreased 0.74% or $0.18 during the last trading session, hitting $24.22. About 474 shares traded hands. eBay Inc (NASDAQ:EBAY) has declined 6.92% since September 18, 2015 and is downtrending. It has underperformed by 13.54% the S&P500.

eBay Inc. operates e-commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer inventory for sale; and buyers to find and buy it virtually anytime and anywhere. The companyÂ’s Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com and the StubHub mobile apps, which enable fans to purchase tickets to the games, concerts, and theater shows. Its Classifieds platforms include a collection of brands, such as Mobile.de, Kijiji, Gumtree, Marktplaats, eBay Classifieds, and others that offer online classifieds and help people find whatever they are looking for in their local communities. The company platforms enable users to find, buy, sell, and pay for items through various online, mobile, and offline channels, which include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, classifieds, directories, search engines, commerce participants, shopping channels, and networks. eBay Inc. was founded in 1995 and is headquartered in San Jose, California.

The post eBay First-Quarter Results Projected Lower on Year Amid Currency Headwinds (NASDAQ:EBAY) appeared first on Sonoran Weekly Review.

The Street’s expectations for PayPal’s first-quarter earnings per share would be higher than in the second and third quarters of 2015 but slightly smaller than the $0.36 per share earned in the fourth quarter. Similarly, the projected revenue would be higher than the company’s sales in the second and third quarters of 2015 but smaller than its fourth-quarter revenue of $2.56 billion. In a note to clients earlier this month, Canaccord Genuity said it has a positive long-term view of PayPal’s stock centered around “secular tailwinds” from the shift to payments being made without cash and via e-commerce and smartphones; upside potential from the company’s Braintree, Venmo, and One Touch services; and “a reasonable valuation that can support stock price appreciation with steady, high-visibility growth (and a $2B buyback authorization).” Canaccord Genuity also described PayPal’s fourth quarter as being “particularly impressive on an account and engagement basis, we believe in part due to the burgeoning success of Braintree products Venmo and One Touch.” Regarding the first quarter, it noted total U.S. combined ComScore traffic – including desktop and mobile, unduplicated – to PayPal was up 23.1% in February, slightly higher than January’s growth of 22.7%. Deutsche Bank recently told clients it views PYPL “as the best way to play the secular move toward digital payments.” The firm said while PayPal already is the largest digital wallet provider, it has less than 1% of the global transaction volume of $25 trillion, thus it has a “significant growth opportunity.” It added: “While new players are struggling with chicken-and-egg problem of gaining merchant acceptance and customer adoption, PayPal’s vast merchant and consumer base gives it a strategic advantage.” However, Canaccord Genuity said there is a “tangible risk” with eBay, which is PayPal’s largest single source of total payment volume, as eBay has run into some challenges with its growth. The company plans to release the results in Wednesday’s after-hours session.

The stock decreased 1.22% or $0.49 during the last trading session, hitting $39.82. Paypal Holdings Inc (NASDAQ:PYPL) has risen 20.96% since September 18, 2015 and is uptrending. It has outperformed by 14.33% the S&P500.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, and Xoom products. The company’s platform allows customers to pay and get paid, transfer and withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

The post PayPal’s First-Quarter Results Expected Lower Than Fourth Quarter (NASDAQ:PYPL) appeared first on Sonoran Weekly Review.

eBay (NASDAQ:EBAY) is expected to report lower first-quarter earnings and revenue than in the prior-year period, as the online auctioneer and commerce company continues to grapple with currency headwinds while working to make its offerings more search-engine-friendly. On average, analysts polled by Capital are expecting first-quarter 2016 adjusted earnings of $0.45 per share, down from the prior-year period’s $0.77 per share. In late January, the company forecast first-quarter adjusted earnings from continuing operations of $0.43 to $0.45 per share.

Analysts’ mean estimate for revenue is $2.08 billion, less than half the year-earlier period’s $4.45 billion. The company’s guidance in late January was for first-quarter revenue between $2.05 billion and $2.10 billion. In a note sent to clients on Monday, Canaccord Genuity analyst Michael Graham said the indicators the firm tracks suggest the first quarter will be a “solid quarter” for the eBay Marketplace’s gross merchandise volume. Still, it noted currency headwinds remain, as the UK and Germany are large contributors – about 16% and 15% of net revenue, respectively- and “while the euro has strengthened sequentially (though only modestly), it remains pressured [year over year] and the British pound remains consistently weak.” In March, BMO Capital Markets initiated coverage of EBAY with a market perform investment rating, saying it was beginning the coverage “on the sidelines as eBay remains early in its structured data initiatives and potential capital-return scenarios may improve in 2017.” BMO noted at the time that eBay was “about eight months into its 18-24 month transition from a set of singular listings/URLs to more search engine-friendly, catalogued, product pages,” adding “we believe that its current valuation properly accounts for this early stage and downside risk focuses largely on execution.” The company plans to release the results in Tuesday’s after-hours session.

The stock decreased 0.74% or $0.18 during the last trading session, hitting $24.22. About 474 shares traded hands. eBay Inc (NASDAQ:EBAY) has declined 6.92% since September 18, 2015 and is downtrending. It has underperformed by 13.54% the S&P500.

eBay Inc. operates e-commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer inventory for sale; and buyers to find and buy it virtually anytime and anywhere. The companyÂ’s Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com and the StubHub mobile apps, which enable fans to purchase tickets to the games, concerts, and theater shows. Its Classifieds platforms include a collection of brands, such as Mobile.de, Kijiji, Gumtree, Marktplaats, eBay Classifieds, and others that offer online classifieds and help people find whatever they are looking for in their local communities. The company platforms enable users to find, buy, sell, and pay for items through various online, mobile, and offline channels, which include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, classifieds, directories, search engines, commerce participants, shopping channels, and networks. eBay Inc. was founded in 1995 and is headquartered in San Jose, California.

The post eBay First-Quarter Results Projected Lower on Year Amid Currency Headwinds (NASDAQ:EBAY) appeared first on Sonoran Weekly Review.

Twitter (NYSE:TWTR) is expected to report first-quarter earnings and revenue above the microblogging site operator’s results in the first quarter of 2015. Analysts polled by Capital IQ are predicting an adjusted profit of $0.10 per share on average, up from the year-earlier $0.07 per share. For revenue, analysts are projecting $607.6 million on average, up from $435.9 million in the year-earlier period.

In February, the company projected $595 million to $610 million. Canaccord Genuity warned its clients in a Monday note to expect more audience challenges in the first quarter. The firm noted Twitter’s shares have declined by nearly two-third over the past year, “reflecting difficulty growing the user base and diminished growth expectations.” The firm found the latest U.S. Comscore data on Twitter “uninspiring,” with growth of about 13% unique visitors marking a significant drop from the 27% growth posted in the fourth quarter and representing the slowest year-over-year growth in unique visitors recorded since the first quarter of 2014. Engagement – or minutes per unique visitor – declined by about 13% year over year, but showed a slight increase sequentially from Q4, Canaccord Genuity added.

The stock decreased 0.90% or $0.16 during the last trading session, hitting $17.08. About 100 shares traded hands. Twitter Inc (NYSE:TWTR) has declined 38.88% since September 18, 2015 and is downtrending. It has underperformed by 45.50% the S&P500.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.

The post Twitter’s First-Quarter Earnings, Revenue Predicted to Top Year-Earlier Results (NYSE:TWTR) appeared first on Sonoran Weekly Review.

Boeing (NYSE:BA) is expected to report lower first-quarter earnings and revenue than in the aerospace company’s year-earlier period, when the results are released on Wednesday morning. On average, analysts polled by Capital IQ expect an adjusted profit of $1.84 per share, down from $1.97 per share in the prior-year period. Revenue is projected to come in at $21.50 billion, down from the year-earlier period’s $22.15 billion. Boeing “will do all possible to push through [its] rate increases…since these programs generate such [a] high percentage of the commercial profits,” Canaccord Genuity said in a recent note to clients. “This is especially true for Boeing as it faces cuts on its 777 program, its second-most profitable program behind the 737,” the firm said, adding it foresees “increased pressure on 777 rates, which we do not believe is fully reflected in BA stock.” The firm also said it has become “increasingly concerned about future production levels and order activity in 2016 and 2017,” adding: “We are specifically focused on China, where we see risk that traffic growth could slow,” as China accounts for approximately 25% of deliveries. Original-equipment manufacturers “remain very bullish, citing no impact yet from lower fuel on backlogs of airline behavior,” Canaccord Genuity said. “While the economics of lower fuel reduce the return on investment in new technology, the [original-equipment manufacturers] claim to not be seeing weakness yet in order activity or backlogs, and believe any data points to the contrary are basically one off,” the firm added.

The stock decreased 0.23% or $0.3 during the last trading session, hitting $130.75. Boeing Co (NYSE:BA) has declined 3.92% since September 18, 2015 and is downtrending. It has underperformed by 10.55% the S&P500.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, as well as provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers.

The Boeing Military Aircraft segment is involved in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems for the global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment engages in the research, development, production, and modification of electronics and information solutions; strategic missile and defense systems; space and intelligence systems; and space exploration products. The Global Services and Support segment offers integrated logistics, including supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services, such as pilot and maintenance training. The Boeing Capital segment facilitates, arranges, structures, and provides financing solutions, such as equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The Boeing Company was founded in 1916 and is based in Chicago, Illinois.

The post Boeing First-Quarter Earnings, Revenue Projected Below Year-Earlier Results (NYSE:BA) appeared first on Sonoran Weekly Review.

The stock decreased 2.22% or $0.05 on April 25, hitting $1.98. About 30,904 shares traded hands. Tremor Video Inc (NYSE:TRMR) has declined 4.76% since September 18, 2015 and is downtrending. It has underperformed by 11.39% the S&P500.

Tremor Video, Inc. provides online video advertising services for buyers and sellers of video advertisements in the United States. The companyÂ’s technology optimizes performance of video ad campaigns across various screens, including computers, smartphones, tablets, and connected TVs; analyzes video content; detects viewer and system attributes; and leverages its repository of stored and integrated third-party data. It also provides Tremor Video DSP, a customizable user interface that allows buyers to manage the execution of campaigns on a programmatic basis; and Tremor Video SSP, which offers tools to manage supply hierarchies and demand tiers, and real-time reports to sellers to monitor bidding activity on inventory. The company was formerly known as Tremor Media, Inc. and changed its name to Tremor Video, Inc. in June 2011. Tremor Video, Inc. was founded in 2005 and is headquartered in New York, New York.

The post Tremor Video Announces Expansion into New Zealand, After Spreading Wings in Asia-Pacific Region Last Year (NYSE:TRMR) appeared first on Sonoran Weekly Review.

Revenue was $94.8 million, up from $61.4 million in the same quarter last year. Analysts were expecting revenue of $94.5 million. The company continues to expect fiscal 2016 FFO of $2.54 – $2.64 per share, versus the Street view of $2.61 FFO per share. Shares closed at $47.90 with a 52-week range of $34.91 – $50.48.

The stock decreased 0.31% or $0.15 during the last trading session, hitting $47.9. About 385,658 shares traded hands. QTS Realty Trust Inc (NYSE:QTS) has risen 13.51% since September 18, 2015 and is uptrending. It has outperformed by 6.88% the S&P500.

QTS Realty Trust, Inc. focuses on the ownership, development, and operation of carrier-neutral data centers in the United States. The company was founded in 2013 and is headquartered in Overland Park, Kansas.

The post QTS Realty Trust Reports Q1 FFO Beat, Revenue In Line; Reaffirms FY16 FFO In Line with Street (NYSE:QTS) appeared first on Sonoran Weekly Review.

The stock decreased 6.30% or $0.61 during the last trading session, hitting $9.07. About 387,708 shares traded hands or 112.05% up from the average. American Midstream Partners LP (NYSE:AMID) has declined 15.78% since September 18, 2015 and is downtrending. It has underperformed by 22.41% the S&P500.

American Midstream Partners, LP engages in gathering, treating, processing, and transporting natural gas in the United States. The companyÂ’s Gathering and Processing segment provides gathering, compression, treating, processing, fractionating, transportation, and sale of natural gas, natural gas liquids (NGLs), and condensate. Its Transmission segment transports and delivers natural gas from producing wells, receipt points, or pipeline interconnects for shippers and other customers, which include local distribution companies, utilities and industrial, commercial, and power generation customers. The companyÂ’s Terminals segment provides above-ground storage services comprising petroleum products, distillates, chemicals, and agricultural products at its marine terminals that support various commercial customers, including commodity brokers, refiners and chemical manufacturers to store a range of products.

It owns and operates 12 gathering systems, 5 processing facilities, 3 fractionation facilities, 3 marine terminal sites, 3 interstate pipelines, 5 intrastate pipelines, and 1 crude oil pipeline. The company also owns a 66.7% non-operated in Main Pass Oil Gathering System; a 50% undivided interest in the Burns Point Plant; a 46% non-operated interest in Mesquite; and a 12.9% non-operated indirect interest in Delta House. Its primary assets are located in Alabama, Georgia, Louisiana, Mississippi, North Dakota, Tennessee, Texas, and the Gulf of Mexico, provide infrastructure that links producers of natural gas, NGLs, condensate, and specialty chemicals to various intermediate and end-use markets. The company operates approximately 3,000 miles of pipelines; and 1.8 million barrels of storage capacity at 3 marine terminal sites. American Midstream GP, LLC serves as the general partner of the company. American Midstream Partners, LP was founded in 2009 and is headquartered in Denver, Colorado.

The post After Hours Watch List: AMID, KN, NBR, STLY (NYSE:AMID) appeared first on Sonoran Weekly Review.

The stock decreased 0.60% or $0.15 during the last trading session, hitting $24.66. About 66,842 shares traded hands. Western Refining Logistics LP (NYSE:WNRL) has declined 0.40% since September 18, 2015 and is downtrending. It has underperformed by 7.03% the S&P500.

Western Refining Logistics, LP engages in the ownership, acquisition, development, and operation of terminals, storage tanks, pipelines, and other logistics assets in the Southwestern United States. It is involved in the terminalling, transportation, storage, and distribution of crude oil and refined products. Its pipeline and gathering assets include approximately 685 miles of crude oil pipelines and gathering systems; approximately 8.2 million barrels of active storage capacity; 31 crude oil storage tanks with a total combined active shell storage capacity of approximately 828,000 barrels; 8 truck loading and unloading locations; and 15 pump stations.

The companyÂ’s terminalling, transportation, and storage assets comprise terminals and storage assets located at El Paso and Gallup refineries, and refined products terminals located in Bloomfield and Albuquerque, New Mexico, which receive, store, and distribute crude oil, feedstock, and refined products; and asphalt plant and terminal that provides asphalt terminalling and processing services in El Paso. Its terminalling, transportation, and storage assets also consists of asphalt terminals that offer asphalt terminalling services located in Albuquerque, New Mexico; and Phoenix and Tucson, Arizona, which have a storage capacity of approximately 473,000 barrels. The company also distributes gasoline, diesel fuel, and lubricant products. Western Refining Logistics GP, LLC operates as a general partner of Western Refining Logistics, LP. The company is headquartered in El Paso, Texas.

The post Western Refining Logistics Declares Cash Dividend of $0.4025 for Q1, Payout Jumps 15.8% From Year Earlier (NYSE:WNRL) appeared first on Sonoran Weekly Review.

The stock decreased 7.89% or $0.5 during the last trading session, hitting $5.84. About 709,218 shares traded hands or 213.07% up from the average. Container Store Group Inc (NYSE:TCS) has declined 63.65% since September 18, 2015 and is downtrending. It has underperformed by 70.28% the S&P500.

The Container Store Group, Inc. engages in the retailing of storage and organization products in the United States. It operates in two segments, TCS and Elfa. The companyÂ’s retail stores provide various lifestyle products, including bath, box, closets, collections, containers, food storage, gift packaging, hooks, kitchen, laundry, office, shelving, storage, trash, and travel, as well as elfa branded products.

It also designs, manufactures, and sells component-based shelving and drawer systems that are customizable for any area of the home, such as closets, kitchens, offices, and garages, as well as made-to-measure sliding doors. As of July 7, 2015, the company operated 72 store locations with an average of 25,000 square feet each. It also offers its products directly to customers through its Website and call center, as well as sells to various retailers and distributors, and on a wholesale basis. The company was founded in 1978 and is headquartered in Coppell, Texas.

The post Forecast Report: TCS (NYSE:TCS) appeared first on Sonoran Weekly Review.

The stock decreased 7.89% or $0.5 during the last trading session, hitting $5.84. About 709,218 shares traded hands or 213.07% up from the average. Container Store Group Inc (NYSE:TCS) has declined 63.65% since September 18, 2015 and is downtrending. It has underperformed by 70.28% the S&P500.

The Container Store Group, Inc. engages in the retailing of storage and organization products in the United States. It operates in two segments, TCS and Elfa. The companyÂ’s retail stores provide various lifestyle products, including bath, box, closets, collections, containers, food storage, gift packaging, hooks, kitchen, laundry, office, shelving, storage, trash, and travel, as well as elfa branded products.

It also designs, manufactures, and sells component-based shelving and drawer systems that are customizable for any area of the home, such as closets, kitchens, offices, and garages, as well as made-to-measure sliding doors. As of July 7, 2015, the company operated 72 store locations with an average of 25,000 square feet each. It also offers its products directly to customers through its Website and call center, as well as sells to various retailers and distributors, and on a wholesale basis. The company was founded in 1978 and is headquartered in Coppell, Texas.

The post After-Hours Trading Range Analysis: TCS (NYSE:TCS) appeared first on Sonoran Weekly Review.

The stock decreased 1.08% or $0.62 on April 25, hitting $56.58. About 358,263 shares traded hands or 37.84% up from the average. Crane Co. (NYSE:CR) has risen 14.50% since September 18, 2015 and is uptrending. It has outperformed by 7.87% the S&P500.

Crane Co. manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. It operates through four segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Fluid Handling segment provides process valves and related products under the trade names of Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, and WTA; commercial valves and related products under the Stockham, Wask, Viking Johnson, IAT, Hattersley, NABIC, Sperryn, Wade, Rhodes, and Brownall brand names; and pumps and related products under the trade names of Deming, Weinman, Burks, and Barnes. The Payment & Merchandising Technologies segment offers coin acceptors and dispensers, coin hoppers, coin recyclers, bill validators, bill recyclers, and cashless systems; and vending equipment that dispenses food, snack, and hot and cold beverages, as well as other solutions comprising vending management software, cashless payment products, and wireless connectivity products.

The Aerospace & Electronics segment provides original equipment and aftermarket parts under the e Hydro-Aire, ELDEC, Lear Romec, P.L. Porter, Keltec, Interpoint, Signal Technology, Merrimac Industries, and Polyflon brand names. The Engineered Materials segment offers fiberglass-reinforced plastic panels and coils for use in the manufacturing of recreational vehicles, truck bodies, and truck trailers, as well as applications in the commercial and industrial buildings. The company primarily serves the customers in chemical, power, oil and gas, and aerospace and defense markets, as well as a range of general industrial and consumer related end markets. Crane Co. was founded in 1855 and is based in Stamford, Connecticut.

The post Crane to Pay Unchanged Quarterly Dividend of $0.33/Share, Payable June 10 (NYSE:CR) appeared first on Sonoran Weekly Review.

The stock decreased 8.93% or $1.27 during the last trading session, hitting $13.01. About 3.07 million shares traded hands or 267.78% up from the average. Knowles Corp (NYSE:KN) has declined 20.04% since September 18, 2015 and is downtrending. It has underperformed by 26.66% the S&P500.

Knowles Corporation designs, manufactures, and sells micro-acoustic, audio processing, and specialty component solutions to the mobile consumer electronics, communications, medical, military, aerospace, and industrial markets worldwide. The company operates in two segments, Mobile Consumer Electronics and Specialty Components. The Mobile Consumer Electronics segment designs and manufactures acoustic products, including microphones and audio processing technologies for mobile handsets, tablets, and other consumer electronic devices.

This segment also offers analog and digital microphones, micro-electro-mechanical systems microphones, surface mounted device microphones, receivers, speakers, integrated modules, multi-functional devices, ultrasonic sensors, voice processors, and integrated audio sub-systems. The Specialty Components segment designs and manufactures electronic components used in medical and life science applications; and solutions and components used in communications infrastructure and various other markets. This segment also provides transducer products used primarily in hearing aid applications in the commercial audiology markets; oscillator products primarily for the telecom infrastructure market; and capacitor products used in various applications, such as radio, radar, satellite, power supplies, transceivers, and medical implants for the defense, aerospace, telecommunication, and life sciences markets. The company sells its products to original equipment manufacturers; and to its contract manufacturers and suppliers, as well as through distributors. Knowles Corporation was incorporated in 2013 and is headquartered in Itasca, Illinois.

The post MT Newswires After Hours News Movers (NYSE:KN) appeared first on Sonoran Weekly Review.

The stock decreased 1.00% or $0.13 during the last trading session, hitting $12.85. About 54,534 shares traded hands. Myers Industries, Inc. (NYSE:MYE) has declined 5.17% since September 18, 2015 and is downtrending. It has underperformed by 11.79% the S&P500.

Myers Industries, Inc. manufactures and sells polymer products worldwide. The company operates through two segments, Material Handling and Distribution. The Material Handling segment provides plastic reusable material handling containers, pallets, small parts bins, bulk shipping containers, storage and organization products, and rotationally-molded plastic tanks for water, fuel, and waste handling applications; plastic trim and interior parts used in the production of seat components, consoles, and other applications in the recreational vehicle, marine, and industrial markets; and plastic fuel containers, portable marine fuel tanks and water containers, ammunition containers, and storage totes under the Buckhorn, Akro-Mils, Jamco Products, Ameri-Kart, Scepter, Myers do Brasil, and Novel brands.

This segment serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational vehicles, marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer, and other industries. The Distribution segment offers tire valves and accessories, tire changing and balancing equipment, lifts and alignment equipment, service equipment, hand tools, tire repair and retread equipment and supplies, highway markings, industrial rubber, and general shop supplies, as well as brake, transmission, and allied service equipment and supplies. It offers products under the Myers Tire Supply, Myers Tire Supply International, and Patch Rubber Company brands, as well as under Elrick, Fleetline, and MTS brands. This segment serves retail tire, truck tire, and auto dealers; commercial auto and truck fleets; general repair and services facilities; tire retreaders and repair; governmental agencies; telecommunications; industrial; road construction; and mining markets. Myers Industries, Inc. was founded in 1933 and is headquartered in Akron, Ohio.

The post Myers Industries Unanimously Elects F Liebau Jr. As Chairman, Also Declares Two Director-Level Appointments (NYSE:MYE) appeared first on Sonoran Weekly Review.

Revenue was $63.25 million, up 0.1% from $63.33 million in the same quarter last year. Analysts were expecting revenue of $63.67 million. The company said that its four quarter rolling outlook for the period ending March 31, 2017 is EPS of $1.71 – $1.75 on revenue of $251 million – $255 million. It also sees adjusted consolidated EBITDA of $74 million – $78 million. Shares closed at $23.73 with a 52-week range of $19.03 – $25.96.

The stock increased 1.58% or $0.37 on April 25, hitting $23.73. About 117,471 shares traded hands or 7.51% up from the average. Carriage Services, Inc. (NYSE:CSV) has risen 9.76% since September 18, 2015 and is uptrending. It has outperformed by 3.13% the S&P500.

Carriage Services, Inc. provides death care services and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations.

The Funeral Home Operations segment offers burial and cremation services, as well as related merchandise to meet a familyÂ’s death care needs, including consultation; the removal and preparation of remains; the sale of caskets, urns, and related funeral merchandise; the use of funeral home facilities for visitation and services; and transportation services. The Cemetery Operations segment provides products and services, such as interment services; the rights to interment in cemetery sites comprising grave sites, mausoleum crypts, and niches; and related cemetery merchandise, including memorials and vaults. As of February 9, 2016, the company operated 167 funeral homes in 27 states; and 32 cemeteries in 11 states. Carriage Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

The post Carriage Services Reports Q1 EPS Beat, Revenue Just Shy (NYSE:CSV) appeared first on Sonoran Weekly Review.

The stock decreased 0.21% or $0.07 during the last trading session, hitting $33.17. About 2.28 million shares traded hands. CF Industries Holdings, Inc. (NYSE:CF) has declined 36.25% since September 18, 2015 and is downtrending. It has underperformed by 42.88% the S&P500.

CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments.

Its primary nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia as well as compound fertilizer product, such as nitrogen, phosphorus, and potassium fertilizer. It offers products primarily to cooperatives, independent fertilizer distributors, farmers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.

The post CF Industries Holdings to Pay Unchanged Quarterly Dividend of $0.30/Share, Payable May 31 (NYSE:CF) appeared first on Sonoran Weekly Review.

The stock decreased 4.04% or $1.42 during the last trading session, hitting $33.73. About 1.50 million shares traded hands. Oceaneering International (NYSE:OII) has declined 16.80% since September 18, 2015 and is downtrending. It has underperformed by 23.43% the S&P500.

Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry worldwide. The companyÂ’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drilling support in the oil and gas industry; and drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services. As of December 31, 2015, this segment owned a fleet of 315 ROVs.

Its Subsea Products segment constructs various subsea hardware products comprising subsea umbilicals utilizing thermoplastic hoses and steel tubes; tooling, and ROV tooling and subsea work packages; production control equipment; installation and workover control systems; clamp connectors; pipeline connectors and repair systems; subsea and topside control valves; and subsea chemical injection valves. The companyÂ’s Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves deepwater projects and shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossings, umbilical and other subsea equipment installations, and subsea intervention, as well as inspection, maintenance, and repair services. Its Asset Integrity segment offers asset integrity services to enhance the reliability and safety of their facilities onshore and offshore, as well as third-party inspections to customers in the oil and gas, petrochemical, and power generation industries; and first-pass integrity evaluation and assessment, and nondestructive testing services. The companyÂ’s Advanced Technologies segment offers project management, engineering services, and equipment for applications in non-oilfield markets. Oceaneering International, Inc. was founded in 1964 and is based in Houston, Texas.

The post Oceaneering International to Maintain Quarterly Dividend at $0.27/Share, Payable June 17 (NYSE:OII) appeared first on Sonoran Weekly Review.

McAuley earned a Master of Science in Management from Purdue University, Krannert Graduate School of Management, and a bachelor’s degree in Economics from Allegheny College. He is a Certified Management Accountant (CMA) and is a member of the Institute of Management Accountants. Marliss Johnson, former CFO and Treasurer of Ampco-Pittsburgh, will remain with the company as part of its global finance team. Shares of the Carnegie, Pennsylvania-based company closed 1.5% lower at $18.18 on Monday, paring this year’s rally to 77%.

The stock decreased 1.52% or $0.28 on April 25, hitting $18.18. About 40,634 shares traded hands. Ampco-Pittsburgh Corp (NYSE:AP) has risen 58.09% since September 18, 2015 and is uptrending. It has outperformed by 51.46% the S&P500.

Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells custom designed engineering products to commercial and industrial users worldwide. It operates in two segments, Forged and Cast Engineered Products, and Air and Liquid Processing. The Forged and Cast Engineered Products segment produces forged hardened steel rolls that are used in cold rolling by producers of steel, aluminum, and other metals; ingot and open die forged products for use in the gas and oil, and the aluminum and plastic extrusion industries; and cast rolls for hot and cold strip mills, medium/heavy section mills, and plate mills in various iron and steel qualities.

This segment also offers forged rolls for cluster mills and Z-Hi mills; work rolls for narrow and wide strip and aluminum mills; back-up rolls for narrow strip mills; leveling rolls and shafts; and bearings, bushings, and key and keyless bearing sleeves, as well as provides a range of services, including rebuild of mill spare parts, chock inspection and repair, and onsite inspections and installations. The Air and Liquid Processing segment produces custom-engineered finned tube heat exchange coils and related heat transfer products for various industries, including fossil fuel and nuclear power generation, automotive, industrial process, and HVAC; and air handling systems for use in commercial, institutional, and industrial buildings. This segment also provides centrifugal pumps for the refrigeration, power generation, and marine defense industries. Ampco-Pittsburgh Corporation was founded in 1929 and is headquartered in Carnegie, Pennsylvania.

The post Ampco-Pittsburgh Names Michael McAuley as CFO (NYSE:AP) appeared first on Sonoran Weekly Review.

The partnership also intends to acquire an interest in another offshore natural gas pipeline from an affiliate of its general partner during the second quarter 2016. This potential acquisition is fully funded under the current financing. Meanwhile, the company’s board declared a quarterly cash distribution of $0.4125 per common unit, or $1.65 per unit on an annualized basis. The distribution is equal to the minimum quarterly distribution and represents the 19th consecutive quarter of distributions. American Midstream shares, which were flat in post-market trading after closing down 6.3% Monday, remain in the lower half of their 52-week range of $3.80 – $19.42.

The stock decreased 6.30% or $0.61 during the last trading session, hitting $9.07. About 387,708 shares traded hands or 112.05% up from the average. American Midstream Partners LP (NYSE:AMID) has declined 15.78% since September 18, 2015 and is downtrending. It has underperformed by 22.41% the S&P500.

American Midstream Partners, LP engages in gathering, treating, processing, and transporting natural gas in the United States. The companyÂ’s Gathering and Processing segment provides gathering, compression, treating, processing, fractionating, transportation, and sale of natural gas, natural gas liquids (NGLs), and condensate. Its Transmission segment transports and delivers natural gas from producing wells, receipt points, or pipeline interconnects for shippers and other customers, which include local distribution companies, utilities and industrial, commercial, and power generation customers. The companyÂ’s Terminals segment provides above-ground storage services comprising petroleum products, distillates, chemicals, and agricultural products at its marine terminals that support various commercial customers, including commodity brokers, refiners and chemical manufacturers to store a range of products.

It owns and operates 12 gathering systems, 5 processing facilities, 3 fractionation facilities, 3 marine terminal sites, 3 interstate pipelines, 5 intrastate pipelines, and 1 crude oil pipeline. The company also owns a 66.7% non-operated in Main Pass Oil Gathering System; a 50% undivided interest in the Burns Point Plant; a 46% non-operated interest in Mesquite; and a 12.9% non-operated indirect interest in Delta House. Its primary assets are located in Alabama, Georgia, Louisiana, Mississippi, North Dakota, Tennessee, Texas, and the Gulf of Mexico, provide infrastructure that links producers of natural gas, NGLs, condensate, and specialty chemicals to various intermediate and end-use markets. The company operates approximately 3,000 miles of pipelines; and 1.8 million barrels of storage capacity at 3 marine terminal sites. American Midstream GP, LLC serves as the general partner of the company. American Midstream Partners, LP was founded in 2009 and is headquartered in Denver, Colorado.

The post American Midstream Partners Outlines Midstream Acquisitions in Gulf of Mexico, Declares 19th Straight Dividend (NYSE:AMID) appeared first on Sonoran Weekly Review.

Adjusted net income was $37.6 million or $0.51 per share, versus $47.5 million or $0.65 in the same quarter the previous year. The Capital IQ analyst estimate is for $0.46 EPS. Revenue was $174.5 million, down from $203.6 million in the same quarter last year. Analysts were expecting revenue of $177.3 million. Shares closed at $34.79 with a 52-week range of $23.65 – $48.39.

The stock decreased 0.49% or $0.17 during the last trading session, hitting $34.79. About 263,985 shares traded hands. Artisan Partners Asset Management Inc (NYSE:APAM) has declined 8.52% since September 18, 2015 and is downtrending. It has underperformed by 15.15% the S&P500.

Artisan Partners Asset Management Inc is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios.

The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.

The post Artisan Partners Asset Management Q1 EPS Beat, Revenue Miss (NYSE:APAM) appeared first on Sonoran Weekly Review.

The United Technologies (NYSE:UTX), a provider of technology products and services, increased its quarterly dividend by 3.1% to $0.66 per share. The dividend will be payable June 10 to shareowners of record at the close of business May 20. Shares of the Farmington, Connecticut-based company fell as much as 0.2% in extended trading after closing 0.5% lower at $105.13 on Monday. The stock is up 9.4% this year.

The stock decreased 0.53% or $0.56 during the last trading session, hitting $105.13. About 2.77M shares traded hands. United Technologies Corporation (NYSE:UTX) has risen 15.52% since September 18, 2015 and is uptrending. It has outperformed by 8.89% the S&P500.

United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services. The companyÂ’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications.

This segment offers electronic security products, including intruder alarms, access control systems, and video surveillance systems; and fire safety products; systems integration, video surveillance, installation, maintenance, and inspection services; and monitoring and response services. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation markets; and provides aftermarket maintenance, repair, and overhaul, as well as fleet management services. The companyÂ’s UTC Aerospace Systems segment provides electric power generation, power management, and distribution systems; air data, and flight sensing and management systems; engine control, electric, intelligence, surveillance, and reconnaissance systems; engine components; environmental control systems; fire and ice detection, and protection systems; propeller systems; cargo, actuation, and landing systems; aircraft aero structures, and lighting and seating products; space products and subsystems; and aftermarket services. United Technologies Corporation offers its services through manufacturersÂ’ representatives, distributors, wholesalers, dealers, retail outlets, and sales representatives, as well as directly to customers. The company was founded in 1934 and is headquartered in Farmington, Connecticut.

The post United Technologies Hikes Quarterly Dividend 3.1% to $0.66/Share (NYSE:UTX) appeared first on Sonoran Weekly Review.

Crane (NYSE:CR) said Q1 results rose to $55 million, or $0.93 per share, topping the average of Capital IQ estimates for $0.86 and above last year’s $51.1 million, or $0.86 a share. Sales in the three months ending March 31 slipped 3% to $660 million, but that also beat the consensus view for $644.8 million. Crane affirmed guidance for 2016 sales of about $2.7 billion, matching the average of 11 Street analysts. Earnings are seen between $3.85 to $4.15 per diluted share, while 10 analysts see $4.01. CR was unchanged after hours and traded recently in a 52-week range of $41.68 to $63.68.

The stock decreased 1.08% or $0.62 on April 25, hitting $56.58. About 358,263 shares traded hands or 37.84% up from the average. Crane Co. (NYSE:CR) has risen 14.50% since September 18, 2015 and is uptrending. It has outperformed by 7.87% the S&P500.

Crane Co. manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. It operates through four segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Fluid Handling segment provides process valves and related products under the trade names of Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, and WTA; commercial valves and related products under the Stockham, Wask, Viking Johnson, IAT, Hattersley, NABIC, Sperryn, Wade, Rhodes, and Brownall brand names; and pumps and related products under the trade names of Deming, Weinman, Burks, and Barnes. The Payment & Merchandising Technologies segment offers coin acceptors and dispensers, coin hoppers, coin recyclers, bill validators, bill recyclers, and cashless systems; and vending equipment that dispenses food, snack, and hot and cold beverages, as well as other solutions comprising vending management software, cashless payment products, and wireless connectivity products.

The Aerospace & Electronics segment provides original equipment and aftermarket parts under the e Hydro-Aire, ELDEC, Lear Romec, P.L. Porter, Keltec, Interpoint, Signal Technology, Merrimac Industries, and Polyflon brand names. The Engineered Materials segment offers fiberglass-reinforced plastic panels and coils for use in the manufacturing of recreational vehicles, truck bodies, and truck trailers, as well as applications in the commercial and industrial buildings. The company primarily serves the customers in chemical, power, oil and gas, and aerospace and defense markets, as well as a range of general industrial and consumer related end markets. Crane Co. was founded in 1855 and is based in Stamford, Connecticut.

The post Crane Tops Street on Q1 EPS and Revenue (NYSE:CR) appeared first on Sonoran Weekly Review.

The stock increased 0.46% or $0.26 during the last trading session, hitting $57.37. About 920,053 shares traded hands. Fortune Brands Home & Security Inc (NYSE:FBHS) has risen 11.70% since September 18, 2015 and is uptrending. It has outperformed by 5.07% the S&P500.

Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, and security applications. It operates in four segments: Cabinets, Plumbing, Doors, and Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, as well as vanities for the kitchen, bath, and other parts of the home under various brand names, including Aristokraft, Diamond, Kitchen Craft, Mid-Continent, Kitchen Classics, Schrock, Omega, Thomasville, Homecrest, Ultracraft, and StarMark.

The Plumbing segment manufactures or assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen and Waste King brand names in North America, China, Mexico, Southeast Asia, and South America. The Doors segment manufactures and sells fiberglass and steel residential entry door and patio door systems under the Therma-Tru brand name; and urethane millwork products under the Fypon brand name in the United States and Canada. The Security segment offers key-controlled and combination padlocks, bicycle and cable locks, built-in locker locks, door hardware, automotive, trailer and towing locks, electronic access control solutions, and other specialty safety and security devices under the Master Lock brand name; and fire resistant safes, security containers, and commercial cabinets in the United States, Canada, Europe, Central America, and Australia. The company sells its products through kitchen and bath dealers, wholesalers oriented toward builders or professional remodelers, industrial and locksmith distributors, do-it-yourself remodeling-oriented home centers, and other retail outlets. Fortune Brands Home & Security, Inc. was founded in 1988 and is headquartered in Deerfield, Illinois.

The post Fortune Brands Home & Security to Retain Quarterly Dividend of $0.16/Share, Payable June 15 (NYSE:FBHS) appeared first on Sonoran Weekly Review.

Allison Transmission Holdings (NYSE:ALSN), a provider of commercial duty fully-automatic transmissions, reported a worse-than-expected drop in first-quarter earnings. Net income fell to $48.3 million, or $0.28 per diluted share, for the January-to-March quarter, from $68.4 million, or $0.38 per diluted share, for the year-earlier period. Adjusted EPS was $0.33 per diluted share, missing the $0.58 average estimate of nine analysts polled by Capital IQ.

Q1 sales decreased 8% to $462 million year-over-year, but beat the Wall Street consensus of $445.4 million. The Indianapolis, Indiana-based company affirmed its full-year 2016 guidance of sales decrease of 6.5 to 9.5%. Analysts are expecting a decrease of 7.3% on average. Shares closed 1.4% lower at $27.95 on Monday, paring this year’s gain to 8%.

The stock decreased 1.55% or $0.44 on April 25, hitting $27.9. About 2.02 million shares traded hands or 87.04% up from the average. Allison Transmission Holdings Inc (NYSE:ALSN) has declined 0.46% since September 18, 2015 and is downtrending. It has underperformed by 7.09% the S&P500.

Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles. It offers 13 transmission product lines with approximately 100 product models for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles. The company markets its transmissions under Allison Transmission brand name; and remanufactured transmissions under ReTran brand name.

It also sells branded replacement parts, support equipment, and other products necessary to service the installed base of vehicles utilizing its transmissions, as well as defense kits, engineering services, and extended transmission coverage services to various original equipment manufacturers, distributors, and the U.S. government. Allison Transmission Holdings, Inc. serves customers through an independent network of approximately 1,400 independent distributor and dealer locations worldwide. The company was formerly known as Clutch Holdings, Inc. Allison Transmission Holdings, Inc. was founded in 1915 and is headquartered in Indianapolis, Indiana.

The post Allison Transmission Posts Worse-than-Estimated Q1 Profit Drop (NYSE:ALSN) appeared first on Sonoran Weekly Review.

The stock decreased 0.82% or $0.23 during the last trading session, hitting $27.93. About 53,243 shares traded hands. NBT Bancorp Inc. (NASDAQ:NBTB) has risen 7.51% since September 18, 2015 and is uptrending. It has outperformed by 0.88% the S&P500.

NBT Bancorp Inc. operates as the bank holding company for NBT Bank, National Association that provides commercial banking and financial services to individuals, corporations, and municipalities. The companyÂ’s deposit products include demand deposit accounts, savings accounts, negotiable order of withdrawal accounts, money market deposit accounts, and certificate of deposit accounts.

Its loan portfolio comprises commercial loans, commercial real estate loans, agricultural and agricultural real estate loans, and business banking loans; consumer loans, such as indirect, home equity, and direct loans; and residential real estate mortgages, as well as real estate construction and development loans. The company also provides trust and investment services; financial planning services; life insurance services; retirement plan consulting and recordkeeping services; telephone banking services; and a range of insurance products, including personal property and casualty, business liability, and commercial insurance, as well as enables customers to check balances, transfer funds, pay bills, view statements, apply for loans, and access various other product and service information online. As of January 25, 2016, it operated approximately 155 banking locations with offices in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.

The post NBT Bancorp Reports Q1 EPS in Line With Street (NASDAQ:NBTB) appeared first on Sonoran Weekly Review.

Revenue was $47.8 million, down from $77.6 million in the same quarter last year. Analysts were expecting revenue of $51.9 million. The company expects fiscal 2016 coal sales of 4.5 million tons – 5.1 million tons and adjusted EBITDA of $59 million – $69 million. Shares closed at $9.17 with a 52-week range of $5.98 – $17.34.

The stock increased 0.77% or $0.07 on April 25, hitting $9.17. About 52,413 shares traded hands. CNX Coal Resources LP (NYSE:CNXC) has declined 35.29% since September 18, 2015 and is downtrending. It has underperformed by 41.91% the S&P500.

CNX Coal Resources LP produces and supplies high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. The company hold 20% undivided interest in, and operational control over, Pennsylvania mining complex, which consists of three underground mines and related infrastructure located in southwestern Pennsylvania that produce high-Btu bituminous thermal coal that is sold primarily to electric utilities. CNX Coal Resources GP LLC operates as a general partner of the company. The company is headquartered in Canonsburg, Pennsylvania. CNX Coal Resources LP is a subsidiary of CONSOL Energy Inc.

The post CNX Coal Resources LP Reports Q1 EPS, Revenue Miss (NYSE:CNXC) appeared first on Sonoran Weekly Review.

Revenues rose 0.7% to $223.2 million, but were shy of the $227 million mean estimate. For Q2, the company expects adjusted EPS of at least $0.90 and revenues of at least $245 million. Analysts are expecting EPS of $0.96 and revenues of $238.6 million. FY16 adjusted EPS is seen at $3.95 to $4.20 a share, straddling the $3.96 per share consensus, on revenues of $970 million to $1.01 billion, above the $960.5 million mean estimate. CEB shares were inactive in recent after-hours, after closing in the lower half of the 52-week range of $49.27 to $91.57.

The stock decreased 1.74% or $1.15 during the last trading session, hitting $64.85. About 159,686 shares traded hands. CEB Inc. (NYSE:CEB) has declined 8.75% since September 18, 2015 and is downtrending. It has underperformed by 15.38% the S&P500.

CEB Inc. operates as practice insight and technology company. The company operates through two segments, CEB and CEB Talent Assessment. The CEB segment provides data analysis, research, and advisory services to senior executives and their teams to drive corporate performance by identifying and building on the proven practices of the worldÂ’s best companies; and assessment tools and services to various agencies of the US government and commercial enterprises. The CEB Talent Assessment segment offers SHL product and services of cloud-based solutions for talent assessment, development, strategy, analytics, decision support, and professional services; cognitive ability assessments, skills and/or knowledge assessments, personality questionnaires, and job/role simulations.

The company provides its research through various channels, including Web-based resources, interactive workshops, live meetings, and published studies; and creates and maintains benchmarking assets with information, such as organizational structures, costs, and productivity, as well as customer experience and service quality. It also offers talent management services, which include executive education curriculum supported by e-learning resources for members seeking to enhance skill development for their staff. It serves human resources; finance, innovation, and strategy; legal, risk, and compliance; marketing and communications; procurement and operations; sales and service; and information technology markets. The company was formerly known as The Corporate Executive Board Company and changed its name to CEB Inc. in May 2015. CEB Inc. was founded in 1979 and is headquartered in Arlington, Virginia.

The post CEB Q1 EPS Tops, Revenues Shy of Views; Guides FY16 EPS In Line, Sales Above Street (NYSE:CEB) appeared first on Sonoran Weekly Review.

Noble Energy (NYSE:NBL) was steady at $39.08 in Monday’s late session and the oil and natural gas producer tonight declaring a quarterly cash dividend of $0.10 per share, unchanged from the prior quarter and payable May 23 to shareholders of record on May 9.

The stock decreased 2.66% or $0.96 during the last trading session, hitting $35.08. About 4.24 million shares traded hands. Noble Energy, Inc. (NYSE:NBL) has risen 8.51% since September 18, 2015 and is uptrending. It has outperformed by 1.88% the S&P500.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in DJ Basin, Marcellus Shale, Eagle Ford Shale, and Permian Basin, the United States; deepwater Gulf of Mexico; offshore Eastern Mediterranean; and offshore West Africa. As of December 31, 2015, the company had approximately 1,421 million barrels oil equivalent of total proved reserves. Noble Energy, Inc. was founded in 1932 and is headquartered in Houston, Texas.

The post Noble Energy Declares $0.10 Per Share Quarterly Dividend, Unchanged From Prior Quarter, Payable May 23 (NYSE:NBL) appeared first on Sonoran Weekly Review.

The stock increased 0.91% or $0.04 during the last trading session, hitting $4.44. About 87,077 shares traded hands or 29.89% up from the average. Consumer Portfolio Services, Inc. (NASDAQ:CPSS) has declined 20.14% since September 18, 2015 and is downtrending. It has underperformed by 26.77% the S&P500.

Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. The company purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories, low incomes, or past credit problems.

It serves as an alternative source of financing for dealers, facilitating sales to customers who might not be able to obtain financing from commercial banks, credit unions, and the captive finance companies. The company also purchases vehicle purchase money loans from non-affiliated lenders; directly originates vehicle purchase money loans by lending money directly to consumers; and directly originates loans secured by automobiles that are owned by consumers. It services its automobile contracts through its branches in California, Nevada, Virginia, Florida, and Illinois. Consumer Portfolio Services, Inc. was founded in 1991 and is headquartered in Irvine, California.

The post Consumer Portfolio Services Beats Consensus on Q1 EPS by a Penny (NASDAQ:CPSS) appeared first on Sonoran Weekly Review.

On the Dow Jones Industrial Average, fewer than a third of the stocks managed gains. Caterpillar (CAT) led decliners after last week’s earnings drop and guidance cut. Tomorrow, the Federal Open Market Committee begins its April two-day meeting. While most are expecting the Fed funds target range to be held amid mixed US economic reports recently, investors will parse the statement for clues on the chances of a rate hike in June. The Dow Jones Industrial Average, the Standard & Poor’s 500 and Nasdaq Composite all fell 0.2%. Globally, the FTSE 100 and the Nikkei were off by 0.8% and the Shanghai China Composite declined 0.4%.

The stock decreased 0.15% or $26.51 on April 25, hitting $17977.24. Dow Jones Industrial Average (INDEXDJX:.DJI) has risen 6.00% since March 27, 2016 and is uptrending. It has underperformed by 0.63% the S&P500.

The post US Stock Indexes Close Lower as Investors Await Fed, BOJ Meetings (INDEXDJX:.DJI) appeared first on Sonoran Weekly Review.

The stock decreased 2.11% or $0.03 during the last trading session, hitting $1.39. About 402,963 shares traded hands or 15.25% up from the average. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) has risen 10.32% since September 18, 2015 and is uptrending. It has outperformed by 3.69% the S&P500.

Ballard Power Systems Inc. engages in the development and commercialization of proton exchange membrane fuel cells worldwide. The company is primarily involved in the design, development, manufacture, sale, and service of fuel cell stacks, modules, and systems for various applications. It also develops methanol clean energy backup power systems, as well as provides engineering services for various fuel cell applications. The company offers its fuel cell products for various applications, including portable power, material handling, and telecom backup power, as well as power product markets of bus and tram applications. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.

The post Ballard Power Systems Jumps 15% As Unit Delivers Fuel Cell Propulsion Prototype to Boeing’s Insitu (NASDAQ:BLDP) appeared first on Sonoran Weekly Review.

Boston Scientific (NYSE:BSX) rose in extended trading after the developer of medical devices received U.S. Food and Drug Administration (FDA) approval for a suite of products deemed safe for use in a magnetic resonance imaging (MRI) environment. Shares of the Marlborough, Massachusetts-based company gained as much as 0.6% after losing 0.1% to $19.74 at the close of regular trading on Monday. The ImageReady MR-Conditional Pacing System, which includes ACCOLADE MRI and ESSENTIO MRI pacemakers, as well as the new INGEVITY MRI pacing leads, is designed to treat bradycardia, a condition in which the heart beats too slowly.

Patients implanted with the full system are able to receive full-body MR scans in 1.5 Tesla environments when conditions of use are met. The newly-approved family of INGEVITY MRI pacing leads includes active and passive fixation models. This marks the first time a passive fixation pacing lead is approved for U.S. patients undergoing MR scans. Approval of the INGEVITY MRI leads, as well as the full ImageReady System, was based on data from two global clinical trials. The INGEVITY trial, a prospective, non-randomized study, enrolled 1,036 patients and assessed safety, performance and effectiveness of the leads in patients with a single or dual chamber pacemaker. The SAMURAI trial, a prospective, randomized study, enrolled 351 patients and evaluated safety and effectiveness of the ImageReady System for use in patients with a single or dual chamber pacemaker when used in an MRI environment.

The stock decreased 0.10% or $0.02 on April 25, hitting $19.74. About 9.73M shares traded hands or 22.24% up from the average. Boston Scientific Corporation (NYSE:BSX) has risen 17.85% since September 18, 2015 and is uptrending. It has outperformed by 11.22% the S&P500.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: Cardiovascular, Rhythm Management, and MedSurg. The company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; coronary technology products to treat atherosclerosis; intraluminal catheter-directed ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, as well as peripheral vessels; and structural heart therapy systems.

It also provides stents, balloon catheters, wires, peripheral embolization devices, and vena cava filters used to treat peripheral disease; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease benign and malignant tumors. In addition, the company offers cardiac rhythm management devices, such as implantable cardioverter defibrillator systems to detect and treat abnormally fast heart rhythms; implantable cardiac resynchronization therapy pacemaker systems used to treat heart failure; and medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising steerable radio frequency ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories. Further, it provides products to treat diseases of the pulmonary and gastrointestinal conditions; devices to diagnose, treat, and ease pulmonary disease systems within the airway and lungs; products to treat urinary stone disease and benign prostatic hyperplasia; mid-urethral sling products, sling and graft materials, pelvic floor reconstruction kits, and suturing devices; and spinal cord stimulator systems. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

The post Boston Scientific Gets FDA Okay for ImageReady MR-Conditional Pacing System; Shares Rise (NYSE:BSX) appeared first on Sonoran Weekly Review.

Compass Minerals International (NYSE:CMP) reported late Monday mixed financial results for Q1, with better-than-expected earnings and revenue that fell short of estimates; it reaffirmed its earnings guidance for fiscal 2016 in line with forecasts. The producer and marketer of essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients said Q1 net income was $49.7 million, or $1.46 per diluted share, compared with the prior-year period’s $60.6 million, or $1.79 per diluted share. The Capital IQ analyst estimate is for $1.30 EPS.

Revenue was $345.7 million, down 12% from $393 million in the same quarter last year. Analysts were expecting revenue of $347 million. The company attributed the year-over-year decline to continued mild winter weather and agricultural market weakness. For fiscal 2016, it continues to expect EPS of $3.25 – $3.65, versus the Street view of $3.42 EPS. Shares closed at $72.34 with a 52-week range of $66.30 – $93.14.

The stock decreased 1.04% or $0.76 during the last trading session, hitting $72.34. About 280,317 shares traded hands. Compass Minerals International, Inc. (NYSE:CMP) has declined 13.59% since September 18, 2015 and is downtrending. It has underperformed by 20.22% the S&P500.

Compass Minerals International, Inc. produces and markets salt, sulfate of potash specialty fertilizer (SOP), plant micronutrients, and magnesium chloride primarily in North America and the United Kingdom. Its Salt segment mines, produces, processes, distributes, and markets sodium chloride and magnesium chloride for use in highway and consumer deicing, dust control, water conditioning, consumer and industrial food preparation, and agricultural and industrial applications; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products. This segment offers rock salt, mechanically evaporated and solar evaporated salt, and brine and flake magnesium chloride products to producers of intermediate chemical products used in the production of vinyls and other chemicals, and pulp and paper, as well as water treatment and other industrial uses. The companyÂ’s Plant Nutrition segment provides SOP, which is used as an ingredient in specialty fertilizer blends for chloride-sensitive crops and turfs under the Protassium+ brand name; and develops and distributes micronutrient products under the Wolf Trax brand.

This segment serves growers and fertilizer distributors worldwide. The company also produces and markets consumer deicing and water conditioning products, ingredients used in consumer and commercial food preparation, and other mineral-based products for consumer, agricultural, and industrial applications; and offers records management services to businesses located in the United Kingdom. It operates rock salt mines in Goderich, Ontario, Canada; Cote Blanche, Louisiana, the United States; and Winsford, Cheshire, the United Kingdom. The company was formerly known as Salt Holdings Corporation and changed its name to Compass Minerals International, Inc. in December 2003. Compass Minerals International, Inc. was founded in 1993 and is headquartered in Overland Park, Kansas.

The post Compass Minerals Posts Q1 EPS Beat, Misses on Revenue; Maintains FY16 EPS Outlook In Line with Street (NYSE:CMP) appeared first on Sonoran Weekly Review.

Chico’s FAS (NYSE:CHS) said it plans to cut fiscal 2016 marketing expenses by $11 million in a realignment of its marketing and digital commerce functions. The segments will now be managed within individual Chico’s, White House Black Market and Soma brands.

Miki Berardelli, president of digital commerce and chief marketing officer, will be leaving the company, with her responsibilities to be assumed by brand presidents. Chico’s said the realignment will optimize marketing programs and decrease related expenses. Annualized cost savings are expected at about $14 million. CHS was flat after-hours on Monday, and traded recently in a 52-week range of $9.61 to $17.73.

The stock decreased 0.92% or $0.12 during the last trading session, hitting $12.88. About 1.71 million shares traded hands. Chico’s FAS, Inc. (NYSE:CHS) has declined 21.32% since September 18, 2015 and is downtrending. It has underperformed by 27.95% the S&P500.

ChicoÂ’s FAS, Inc. operates as an omni-channel specialty retailer of womenÂ’s private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items. The company’s portfolio of brands consists of the ChicoÂ’s, White House Black Market (WHBM), and Soma, and Boston Proper. The Chico’s brand primarily sells private branded clothing focusing on women 45 and older. The WHBM brand sells private branded clothing and accessories, such as shoes, belts, scarves, handbags, and jewelry focusing on women who are 35 years old and over.

The Soma brand sells designed private branded lingerie, sleepwear, loungewear, and beauty products focusing on women who are 35 years old and over. The Boston Proper brand sells women’s apparel and accessories focusing on women between 35 and 55 years old. As of January 30, 2016, it operated 1,518 retail stores in 48 states, the U.S. Virgin Islands, Puerto Rico, and Canada. The company also sells through its Websites and catalogs. Chico’s FAS, Inc. was founded in 1983 and is headquartered in Fort Myers, Florida.

The post Chico’s FAS Plans $11 Mln in Marketing Cost Cuts as Part of Realignment Move (NYSE:CHS) appeared first on Sonoran Weekly Review.

Tangoe also announced that a review of its accounting and financial reporting is ongoing for 2013 and 2014 and the first three quarters of 2015. As such, the company said it is unable to estimate when it will complete a restatement and file its restated financial statements and its Form 10-K for 2015. The company added it plans to file the annual 10-K as soon as practicable. TNGO was inactive in recent after-hour, after closing in the lower half of the 52-week range of $5.32 to $14.68.

The stock decreased 1.02% or $0.09 during the last trading session, hitting $8.71. About 142,912 shares traded hands. Tangoe Inc (NASDAQ:TNGO) has risen 11.67% since September 18, 2015 and is uptrending. It has outperformed by 5.04% the S&P500.

Tangoe, Inc. provides connection lifecycle management (CLM) software and related services to enterprises and service providers worldwide. Its CLM software covers the spectrum of an enterprise’s connection-based assets and services, such as voice and data services, mobile devices and usage, cloud software, infrastructure and services, machine-to-machine connections, enterprise social, and information technology connections, as well as encompasses the entire lifecycle of these assets and services, including planning and sourcing, procurement and provisioning, inventory and usage management, mobile device management, real-time telecommunications expense management, invoice processing and payment, expense allocation and accounting, and asset decommissioning and disposal. The company also provides telecom expense management solutions for companies to reduce telecommunications expenses by managing their mobile and wireline communications lifecycles.

In addition, it offers help desk, asset procurement and provisioning, and carrier dispute resolution services; strategic consulting and other services; and implementation services, including data conversion, system configuration, process review, and corporate system integration services that assist customers in the setup and deployment of Matrix Solution Suite. The company markets and sells its solutions primarily through direct sales force; and indirect distribution alliance and channel partners. It has strategic alliances with Airwatch, Advocate, AT&T, Bell Mobility, IBM, LinkSource Technologies, MobiliseIT, MobileIron, Orange Business Services, Rogers Communications, SAP, and Xerox Corporation. The company was formerly known as TelecomRFQ, Inc. and changed its name to Tangoe, Inc. in December 2001. Tangoe, Inc. was incorporated in 2000 and is headquartered in Orange, Connecticut.

The post Tangoe Names Jay Zager as Interim CFO, Succeeding Gary Martino (NASDAQ:TNGO) appeared first on Sonoran Weekly Review.

Dr. Niebur assumes the title from current CEO Dr. Gengchen Han, who will remain as Chairman of the Board. Dr. Niebur most recently served with DuPont (DD) Pioneer as Vice President and General Manager with strategic oversight responsibility for China, East Asia and Oceania.

The stock increased 8.57% or $0.18 during the last trading session, hitting $2.28. About 1.08 million shares traded hands or 181.16% up from the average. Origin Agritech Ltd. (NASDAQ:SEED) has risen 67.65% since September 18, 2015 and is uptrending. It has outperformed by 61.02% the S&P500.

Origin Agritech Limited, an agricultural biotechnology company, engages in crop seed breeding and genetic improvement activities in the PeopleÂ’s Republic of China. The company is involved in the research and development, production, sale, and marketing of crop seeds; and provision of related technical services. It primarily offers hybrid varieties of corn, rice, and canola seeds. The company distributes its products to farmers through distributors and retailers. Origin Agritech Limited was founded in 1997 and is based in Beijing, the PeopleÂ’s Republic of China.

The post Origin Agritech Jumps 20%, Names New President and CEO (NASDAQ:SEED) appeared first on Sonoran Weekly Review.

Net income fell to $1.5 million, or $0.05 per diluted share, in the January-to-March quarter, from $2.7 million, or $0.10 per diluted share, a year earlier. That missed the $0.08 average estimate of eight analysts polled by Capital IQ. For 2016, the company anticipates revenue to grow 8% to 12%. Analysts are expecting growth of 10.2%.

The stock increased 0.69% or $0.16 during the last trading session, hitting $23.37. About 181,482 shares traded hands or 107.98% up from the average. HealthStream, Inc. (NASDAQ:HSTM) has declined 3.91% since September 18, 2015 and is downtrending. It has underperformed by 10.53% the S&P500.

HealthStream, Inc. provides workforce, patient experience, and provider solutions to the healthcare organizations in the United States. The companyÂ’s Workforce Solutions segment offers software-as-a-service (SaaS) and subscription-based products, such as training, certification, competency assessment, performance appraisal, development, and talent management solutions, as well as training, implementation, and account management services. This segmentÂ’s solutions also include HealthStream Learning Center, a learning application that provides courseware; HealthStream Competency Center, a SaaS-based platform application for competency management; HealthStream Performance Center, a SaaS-based platform application for performance appraisal; and applications for recruiting and applicant tracking, learning, performance appraisal, compensation management, succession planning, competency management, credentialing and privileging, provider enrollment, disclosure management, clinical development, simulation-based education, and industry-sponsored training.

Its Patient Experience Solutions segment provides Patient Insights, Employee Insights, Physician Insights, and Community Insights surveys; data analyses of survey results; and other research-based measurement tools. The companyÂ’s Provider Solutions segment offers EchoCredentialing, that manages medical staff credentialing and privileging processes; EchoOneApp, an enrollment platform; EchoAccess, a platform that supports hospital call centers; EchoAnalytics, which offers a range of validation tools; and EchoOnboarding, an onboarding dashboard with workflow functionality and onboarding navigator tools. It markets its products and services to healthcare industry, including private, not for profit, and government entities, as well as pharmaceutical and medical device companies. HealthStream, Inc. was founded in 1990 and is headquartered in Nashville, Tennessee.

The post HealthStream Posts Q1 Revenue Beat, Forecasts 2016 Revenue in Line With Expectations — Shares Rise (NASDAQ:HSTM) appeared first on Sonoran Weekly Review.

The stock increased 0.80% or $0.16 during the last trading session, hitting $20.2. About 2.44 million shares traded hands or 105.04% up from the average. Boyd Gaming Corporation (NYSE:BYD) has risen 18.48% since September 18, 2015 and is uptrending. It has outperformed by 11.85% the S&P500.

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. It operates in five segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, Peninsula, and Borgata.

The company owns and operates 21 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, and New Jersey. It also owns and operates a travel agency and a captive insurance company that underwrites travel-related insurance in Hawaii; and the Borgata Hotel Casino & Spa in Atlantic City, New Jersey. As of December 31, 2015, it owned and managed 1,243,007 square feet of casino space comprising 29,736 slot machines, 757 table games, and 11,391 hotel rooms. Boyd Gaming Corporation was founded in 1988 and is headquartered in Las Vegas, Nevada.

The post Boyd Gaming Ticks Higher After-Hours; Acquires Las Vegas Assets of Cannery Casino for $230 Mln (NYSE:BYD) appeared first on Sonoran Weekly Review.

The stock decreased 0.89% or $0.33 during the last trading session, hitting $36.91. About 394,560 shares traded hands. Webster Financial Corporation (NYSE:WBS) has risen 6.40% since September 18, 2015 and is uptrending. It has underperformed by 0.23% the S&P500.

Webster Financial Corporation operates as the bank and financial holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the United States. It operates through four segments: Commercial Banking, Community Banking, HSA Bank, and Private Banking. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and asset-based lending, commercial real estate, and equipment finance, as well as treasury and payment services, which include government and institutional banking. The Community Banking segment offers deposit and fee-based services, residential mortgages, home equity lines/loans, unsecured consumer loans, and credit cards, as well as investment and securities-related services, including brokerage and investment advice through a strategic partnership with LPL Financial.

This segment also provides customers investment products, including stocks and bonds, mutual funds, annuities, and managed accounts; brokerage and online investing services; and credit, deposit, and cash flow management products to businesses and professional service firms. It serves consumers, and business and professional service firms. The HSA Bank segment offers health savings accounts, health reimbursement accounts, flexible spending accounts, and other financial solutions for healthcare. The Private Banking segment provides relationship banking services for high net worth clients, not-for-profit organizations, and business clients for asset management, trust, loan, and deposit products and financial planning services. The company provides various banking services through 163 banking offices; 316 ATMs; telephone banking; and mobile banking, as well as through its Website. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.

The post Webster Financial Boosts Quarterly Dividend 8.7% to $0.25/Share (NYSE:WBS) appeared first on Sonoran Weekly Review.

Nabors Industries (NYSE:NBR) shares fell 7.4% after hours on Monday as the company reported a steep drop in quarterly operating revenues of $597.6 million compared with $1.41 billion a year earlier. The average of estimates compiled by Capital IQ was for $632.8 million.

The Q1 adjusted, non-GAAP loss from continuing operations, net of tax was $80.1 million, or $0.29 per share, for Q1, narrower than the Street’s expectation for a loss of $0.33 per share. Comparable figures for Q1 2015 weren’t given. On a GAAP basis, diluted earnings fell to a loss of $1.41 per share from profit in the prior year of $0.42. The adjusted operating loss was $53.8 million from profit of $86.9 million.

The stock decreased 4.38% or $0.48 during the last trading session, hitting $10.36. About 8.12 million shares traded hands. Nabors Industries Ltd. (NYSE:NBR) has risen 5.60% since September 18, 2015 and is uptrending. It has underperformed by 1.03% the S&P500.

Nabors Industries Ltd., together with its subsidiaries, provides drilling and rig services. It offers equipment manufacturing, rig instrumentation, optimization software, and directional drilling services; and patented steering systems and rig instrumentation software systems, including ROCKIT directional drilling system that provides data collection services to oil and gas exploration and service companies, and RIGWATCH software, which monitors a rigÂ’s real-time performance and daily reporting for drilling operations. The company also manufactures and sells top drives, catwalks, wrenches, draw works, and other drilling related equipment; and offers well-site services, such as engineering, transportation and disposal, construction, maintenance, well logging, directional drilling, data collection, and other support services. As of December 31, 2015, it marketed approximately 430 rigs for land-based drilling operations in the United States, Canada, and approximately 20 other countries worldwide; and 42 rigs for offshore drilling operations in the United States and internationally; and 6 jackup units. The company was founded in 1968 and is headquartered in Hamilton, Bermuda.

The post Nabors Industries Slides After Hours as Q1 Revenue Misses Street Views (NYSE:NBR) appeared first on Sonoran Weekly Review.

American Capital Agency (NASDAQ:AGNC), a real estate investment trust, reported after-hours Monday Q1 adjusted earnings and revenues that missed forecasts compiled by Capital IQ. Q1 adjusted EPS expressed as net spread and dollar roll income was $0.52 per share, missing the $0.56 per share consensus provided by Capital IQ. On a reported basis, net loss was $779 million or $2.33 per share, widening from a loss of $252 million or $0.73 per share in the year-ago period. Revenues expressed as net interest income fell to $196 million from $297 million, well below the $264.3 million forecast. Shares of AGNC were inactive in recent after-hours, after closing just below the midpoint of the 52-week range of $15.69 to $21.70.

The stock increased 0.48% or $0.09 during the last trading session, hitting $18.66. About 2.16M shares traded hands. American Capital Agency Corp. (NASDAQ:AGNC) has declined 3.91% since September 18, 2015 and is downtrending. It has underperformed by 10.54% the S&P500.

American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by government-sponsored enterprise or by the United States government agency. It funds its investments primarily through short-term borrowings structured as repurchase agreements. The company has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. American Capital Agency Corp. was founded in 2008 and is based in Bethesda, Maryland.

The post American Capital Agency Q1 Results Miss Expectations (NASDAQ:AGNC) appeared first on Sonoran Weekly Review.

The stock decreased 1.12% or $0.02 on April 25, hitting $1.76. About 76,912 shares traded hands. Ballard Power Systems Inc. (TSE:BLD) has risen 6.67% since September 18, 2015 and is uptrending. It has outperformed by 0.04% the S&P500.

Ballard Power Systems Inc. is engaged in development and commercialization of proton exchange membrane fuel cell. The company has a market cap of $273.07 million. The Company’s principal business is the design, development, manufacture, sale and service of fuel cell products for a variety of applications, focusing on the telecom backup power, material handling, bus and distributed generation markets. It currently has negative earnings. It also offers engineering services for various fuel cell applications.

The post Ballard Power’s Protonex Subsidiary Demonstrates UAV Propulsion System with Boeing Insitu (TSE:BLD) appeared first on Sonoran Weekly Review.

The stock decreased 0.80% or $0.3 during the last trading session, hitting $37.2. About 165,079 shares traded hands. MKS Instruments, Inc. (NASDAQ:MKSI) has risen 7.27% since September 18, 2015 and is uptrending. It has outperformed by 0.64% the S&P500.

MKS Instruments, Inc. provides instruments, subsystems, and process control solutions that measure, control, power, monitor, and analyze critical parameters of manufacturing processes in the United States and internationally. The company operates through four segments: Advanced Manufacturing Capital Equipment, Global Service, Asia Region Sales, and Other. It offers pressure measurement and control products used for various pressure ranges and accuracies; materials delivery products, including gas flow measurement products and vacuum valves; automation and control products, such as automation platforms, programmable automation controllers, temperature controllers, and software solutions for use in automation, I/O and distributed programmable I/O, gateways, and connectivity products; and vacuum products comprising vacuum containment components, effluent management subsystems and custom stainless steel chambers, vessels, and pharmaceutical process equipment hardware and housings.

The company also provides power delivery and reactive gas generation products that are used in semiconductor and other thin film, as well as medical imaging equipment applications. In addition, it offers gas composition analysis products, such as mass spectrometry- and Fourier transform infra-red based gas composition analysis, and tunable filter spectroscopy products used in the engine development, environmental emissions monitoring, air safety monitoring, and semiconductor industries; information technology products, including software products for analyzing data sets for the pharmaceutical, biotech, and other industries. The company also builds precision machined components and electromechanical assemblies for the analytical instrument, scientific, semiconductor, and medical industries. It serves semiconductor capital equipment manufacturers through direct sales forces, sales representatives, and agents. The company was founded in 1961 and is headquartered in Andover, Massachusetts.

The post MKS Instruments Beats Q1 Estimates, Sees Q2 In Line (NASDAQ:MKSI) appeared first on Sonoran Weekly Review.

Adjusted net income was $9.6 million or $0.34 per diluted share, ex one-time items, versus $5.3 million or $0.18 per diluted share in the same quarter the previous year. The Capital IQ analyst estimate is for $0.31 EPS. Revenue was $190.6 million, up 10% from $173.3 million in the same quarter last year. Analysts were expecting revenue of $183 million. Comparable store net sales for the quarter increased 18.6%.

The stock decreased 0.03% or $0.01 during the last trading session, hitting $30.97. About 145,683 shares traded hands. Ethan Allen Interiors Inc. (NYSE:ETH) has risen 6.86% since September 18, 2015 and is uptrending. It has outperformed by 0.23% the S&P500.

Ethan Allen Interiors Inc. operates as an interior design company and manufacturer and retailer of home furnishings in North America, Europe, Asia, and the Middle East. The company operates in two segments, Wholesale and Retail.

Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accessory and other items, including window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings. The company markets its products under the Ethan Allen brand through home furnishing retail networks and independent retailers, as well as through ethanallen.com. As of June 30, 2015, it operated a network of approximately 299 retail design centers. Ethan Allen Interiors Inc. was founded in 1932 and is headquartered in Danbury, Connecticut.

The post Ethan Allen Interiors Reports Better-Than-Expected Q3 (NYSE:ETH) appeared first on Sonoran Weekly Review.

The stock increased 0.36% or $0.01 during the last trading session, hitting $2.8. About 18,244 shares traded hands. Stanley Furniture Co. (NASDAQ:STLY) has declined 2.09% since September 18, 2015 and is downtrending. It has underperformed by 8.72% the S&P500.

Stanley Furniture Company, Inc. designs, manufactures, and markets residential wood furniture products in the United States and internationally. It offers upscale wood residential home furnishings, including dining, bedroom, living room, home office, home entertainment, and accent items, as well as nursery and youth furniture. The company sells its furniture under the Stanley Furniture, Coastal Living, and Stone & Leigh brand names through independent sales representatives to furniture stores, interior design and architecture professionals, decorators, smaller specialty retailers, regional furniture chains, buying clubs, and e-commerce retailers. Stanley Furniture Company, Inc. was founded in 1924 and is based in High Point, North Carolina.

The post Stanley Furniture Company Misses Q1 Estimates (NASDAQ:STLY) appeared first on Sonoran Weekly Review.

The stock decreased 1.81% or $0.68 during the last trading session, hitting $36.8. About 225,681 shares traded hands or 5.16% up from the average. Barnes Group Inc. (NYSE:B) has declined 0.30% since September 18, 2015 and is downtrending. It has underperformed by 6.93% the S&P500.

Barnes Group Inc. operates as an industrial and aerospace manufacturer and service provider, serving a range of end markets and customers worldwide. The company operates in two segments, Industrial and Aerospace. The Industrial segment offers precision parts, products, and systems for applications serving various customers in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices, and energy, as well as medical/pharmaceutical, and personal care/health care industries. This segment also manufactures and supplies precision mechanical products, including mechanical springs, high-precision punched and fine-blanked components, and retention rings; fine hairsprings and heavy-duty springs; nitrogen gas springs and manifold systems; and high precision and high cavitation molds, valve gate hot runner systems, and system solutions.

The Aerospace segment produces fabricated and precision-machined components and assemblies for original equipment manufacturer turbine engine, airframe, and industrial gas turbine builders, as well as for the military. It also offers maintenance, repair, and overhaul services for jet engine components to turbine engine manufacturers, commercial airlines, and the military. In addition, this segment manufactures aerospace aftermarket spare parts. The company sells its products primarily through its direct sales force and distribution channels worldwide. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

The post Barnes Group Misses Q1 Sales Estimate But Meets on EPS (NYSE:B) appeared first on Sonoran Weekly Review.

The stock decreased 1.09% or $0.41 during the last trading session, hitting $37.09. About 163,594 shares traded hands or 40.86% up from the average. Vascular Solutions, Inc. (NASDAQ:VASC) has risen 2.63% since September 18, 2015 and is uptrending. It has underperformed by 4.00% the S&P500.

Vascular Solutions, Inc., a medical device company, provides clinical solutions for treating coronary and peripheral vascular disease worldwide. The companyÂ’s primary products include GuideLiner guide extension catheter device for use in complex interventions; Pronto extraction catheters for treating acute myocardial infarction; vein catheter reprocessing service for the radiofrequency vein ablation catheter; and micro-introducer kits that are used to gain percutaneous access to the vasculature to perform minimally invasive procedures. Its products also comprise hemostatic patches consisting of blood clotting products, such as the D-Stat Dry hemostat, a topical thrombin-based pad with a bandage used to control surface bleeding; radial access products, including the Accumed wrist positioning splints and Vasc Band inflatable compression bands; Langston catheter used for the measurement of intravascular pressure gradients, primarily to diagnose aortic valve stenosis; and D-Stat Flowable hemostat that is used to control active bleeding. The company sells its products through direct sales force and distributor to interventional cardiologists, interventional radiologists, electrophysiologists, and vein specialists. Vascular Solutions, Inc. was founded in 1996 and is headquartered in Minneapolis, Minnesota.

The post Vascular Solutions Q1 Adjusted EPS, Revenue Surpass Expectations, Guides 2016 in Line to Above Street (NASDAQ:VASC) appeared first on Sonoran Weekly Review.

The stock decreased 1.47% or $0.79 on April 25, hitting $53.05. About 1.19 million shares traded hands. Enbridge Inc (TSE:ENB) has risen 3.80% since September 18, 2015 and is uptrending. It has underperformed by 2.83% the S&P500.

Enbridge Inc. is an energy transportation and distribution company. The company has a market cap of $49.17 billion. The Firm operates through five divisions: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments, and Corporate. It currently has negative earnings. The Firm operates the crude oil and liquids transportation system in Canada and the United States.

The post The National Energy Board (NEB) Has Concluded Enbridge Line 3 Replacement Program (Project) “Is In the Canadian Public Interest” and Will Recommend Project Approval To Federal Governor in Council appeared first on Sonoran Weekly Review.

The stock decreased 1.47% or $0.79 on April 25, hitting $53.05. About 1.19 million shares traded hands. Enbridge Inc (TSE:ENB) has risen 3.80% since September 18, 2015 and is uptrending. It has underperformed by 2.83% the S&P500.

Enbridge Inc. is an energy transportation and distribution company. The company has a market cap of $49.17 billion. The Firm operates through five divisions: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments, and Corporate. It currently has negative earnings. The Firm operates the crude oil and liquids transportation system in Canada and the United States.

The post National Energy Board Issues Decisions and Recommendations Regarding Enbridge Line 3 Replacement Project (TSE:ENB) appeared first on Sonoran Weekly Review.

The Nasdaq Composite has declined for three straight days. On the Dow Jones Industrial Average, fewer than a third of the stocks managed gains. Caterpillar (CAT) led decliners after last week’s earnings decline and guidance cut. Tomorrow, the Federal Open Market Committee begins its April two-day meeting. While most are expecting the Fed funds target range to be held amid mixed US economic reports recently, investors will parse the statement for clues on the chances of a rate hike in June. Here’s where the markets stood at the close: US MARKETS Dow Jones Industrial Average was down 26.51 points (-0.15%) S&P 500 was up down 3.79 points (-0.18%) Nasdaq Composite Index was down 10.44 points (-0.21%) GLOBAL SENTIMENT FTSE 100 was down 0.78% Nikkei 225 was down 0.76% Hang Seng Index was down 0.76% Shanghai China Composite Index was down 0.42% UPSIDE MOVERS (+) TPUB (+52.93%) Gets offer to be acquired by Gannett (GCI) for $12.25 per share (+) AVXL (+15.65%) AVAVEX 3-17 helped Alzheimer’s patient regain ability to play piano (+) NVCR (+2.91%) Gets FDA OK exemption for testing Optiune with Bevacizmab in glioblastoma patients DOWNSIDE MOVERS (-) EBIO (-30.72%) Reversing some of Friday’s 68% rally (-) PRGO (-18.09%) Former CEO Joseph Papa going over to Valeant (VRX) (-) XRX (-13.34%) Q1 EPS misses views, lowers FY guidance (-) SSE (-5.79%) Quarterly results come in below views (-) OPB (-2.22%) Q1 earnings improve but revenue misses forecasts

The stock decreased 2.82% or $0.49 during the last trading session, hitting $16.72. About 509,322 shares traded hands or 4.82% up from the average. SPX Corporation (NYSE:SPXC) has risen 22.43% since September 18, 2015 and is uptrending. It has outperformed by 15.81% the S&P500.

Singapore Exchange Limited operates an integrated securities exchange and derivatives exchange in Singapore and related clearing houses. It operates through three segments: Securities Market, Derivatives Market, and Other Operations. The company provides listing, trading, clearing, depository, market data, member services, connectivity, collateral management, and issuer services, as well as counterparty guarantee services. It offers security products, including stocks, American depository receipts, business trusts, company warrants, global depository receipts, real estate investment trusts, securities borrowing and lending products, stapled securities, certificates, exchange-traded funds and notes, and structured warrants; and fixed income products.

The company also offers derivative products comprising equity and dividend indices, as well as foreign exchange and interest rate products; commodities consisting of rubber, energy, electricity, and metals; and bulk commodity, freight, oil, and foreign exchange forwards, as well as interest rate and non-deliverable interest rate swaps. It also operates SGX AsiaClear that provides post trade clearing services; and an electricity market. In addition, the company offers computer services and software maintenance, as well as consultancy services. The company has a strategic partnership agreement with Taiwan Stock Exchange Corporation. Singapore Exchange Limited was incorporated in 1999 and is headquartered in Singapore.

The post Close Update: Stocks Decline in Step With Global Markets Before Fed Meeting (NYSE:SPXC) appeared first on Sonoran Weekly Review.

The manufacturer of nutritional snack foods and distributes frozen beverages reported Q2 net income of $15.6 million or $0.83 per share, compared with the prior-year period’s $14.6 million or $0.78 per share. The Capital IQ analyst estimate is for $0.78 EPS. Revenue was $229.7 million, up 2% from $225 million in the same quarter last year. Analysts were expecting revenue of $231.6 million.

The stock decreased 0.21% or $0.21 during the last trading session, hitting $100.98. About 132,780 shares traded hands or 49.87% up from the average. J & J Snack Foods Corp (NASDAQ:JJSF) has declined 14.19% since September 18, 2015 and is downtrending. It has underperformed by 20.82% the S&P500.

J&J Snack Foods Corp. manufactures, markets, and distributes various nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. The company operates through three segments: Food Service, Retail Supermarkets, and Frozen Beverages. It offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR. TWISTER, SOFT PRETZEL BITES, SOFTSTIX, SOFT PRETZEL BUNS, TEXAS TWIST, BAVARIAN BAKERY, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, KIM & SCOTTÂ’S GOURMET PRETZELS, and SERIOUSLY TWISTED! brand names. The company also provides frozen juice treats and desserts primarily under the LUIGIÂ’S, WHOLE FRUIT, PHILLY SWIRL, ICEE, and MINUTE MAID brands; churros under the TIO PEPEÂ’S, CALIFORNIA CHURROS, and OREO brand names; and dough enrobed handheld products under the PATIO, SUPREME STUFFERS, and SWEET STUFFERS brands.

In addition, it offers bakery products, such as biscuits, fig and fruit bars, cookies, breads, rolls, crumbs, muffins, and donuts under the MRS. GOODCOOKIE, READI-BAKE, COUNTRY HOME, MARY BÂ’S, and DADDY RAYÂ’S brand names; and frozen beverages primarily under the ICEE, SLUSH PUPPIE, and PARROT ICE names. Further, the company provides soft drinks and funnel cakes under the FUNNEL CAKE FACTORY brand name. It serves snack bars and food stands in chains; department and mass merchandising stores; malls and shopping centers; fast food outlets; casual dining restaurants; stadiums and sports arenas; leisure and theme parks; convenience stores; movie theatres; warehouse club stores; schools, colleges, and other institutions; and independent retailers. The company sells its products through a network of food brokers and independent sales distributors; and direct sales force. J&J Snack Foods Corp. was founded in 1971 and is headquartered in Pennsauken, New Jersey.

The post J & J Snack Foods Reports Q2 EPS Beat, Misses on Revenue (NASDAQ:JJSF) appeared first on Sonoran Weekly Review.

The stock decreased 7.89% or $0.5 during the last trading session, hitting $5.84. About 709,218 shares traded hands or 213.07% up from the average. Container Store Group Inc (NYSE:TCS) has declined 63.65% since September 18, 2015 and is downtrending. It has underperformed by 70.28% the S&P500.

The Container Store Group, Inc. engages in the retailing of storage and organization products in the United States. It operates in two segments, TCS and Elfa. The companyÂ’s retail stores provide various lifestyle products, including bath, box, closets, collections, containers, food storage, gift packaging, hooks, kitchen, laundry, office, shelving, storage, trash, and travel, as well as elfa branded products.

It also designs, manufactures, and sells component-based shelving and drawer systems that are customizable for any area of the home, such as closets, kitchens, offices, and garages, as well as made-to-measure sliding doors. As of July 7, 2015, the company operated 72 store locations with an average of 25,000 square feet each. It also offers its products directly to customers through its Website and call center, as well as sells to various retailers and distributors, and on a wholesale basis. The company was founded in 1978 and is headquartered in Coppell, Texas.

The post Container Store Jumps 13.5% After Slightly Stronger-than-Expeced Q4 Sales, As Expected EPS – Issues Mixed Outlook (NYSE:TCS) appeared first on Sonoran Weekly Review.

Express Scripts (NASDAQ:ESRX) reported after-hours Monday adjusted earnings for Q1 that were just better than Street estimates on slightly lower revenues that missed consensus forecasts, and guided Q2 EPS in line while boosting its FY16 EPS outlook above expectations. Shares were off 1% in recent after-hours, moving in the lower half of the 52-week range of $65.55 to $94.61. Q1 adjusted EPS was $1.22, up from $1.10 per share a year earlier and a penny ahead of the consensus provided by Capital IQ. GAAP net income was $526.1 million or $0.81 per share, up from $441.1 million or $0.60 per share in the year-ago quarter.

Revenues were $24.79 billion, down slightly from $24.90 billion and falling short of the $25.14 billion mean estimate. For Q2, the company expects adjusted EPS of $1.55 to $1.59 per share, straddling the $1.57 per share consensus. FY16 adjusted EPS is seen at $6.31 to $6.43 per share, up from a prior outlook of $6.10 to $6.28 per share and above the $6.17 per share mean estimate. Express Scripts also said CEO George Paz will retire from his role on May 4 and stay on as chairman. Paz will be succeeded by President Tim Wentworth, who will assume the CEO role on the same date.

The stock increased 0.23% or $0.17 during the last trading session, hitting $73.72. About 3.76M shares traded hands. Express Scripts Holding Company (NASDAQ:ESRX) has declined 12.15% since September 18, 2015 and is downtrending. It has underperformed by 18.78% the S&P500.

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States, Canada, and Europe. The company operates through two segments, PBM and Other Business Operations. The companyÂ’s PBM segmentÂ’s products and services include clinical solutions to enhance health outcomes; specialized pharmacy care; home delivery pharmacy; specialty pharmacy, including the distribution of fertility pharmaceuticals that require special handling or packaging; and retail network pharmacy administration. It also provides benefit design consultation; drug utilization review; drug formulary management; an array of Medicare, Medicaid, and health insurance marketplace; administration of a group purchasing organization; and consumer health and drug information services.

In addition, the company distributes specialty pharmaceuticals and medical supplies to providers, clinics, and hospitals; and offers consulting services, including design, implementation, and project management for pharmaceutical, biotechnology, and device manufacturers to collect scientific evidence to guide the use of medicines. It serves managed care organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workersÂ’ compensation plans, government health programs, providers, clinics, hospitals, and others. As of December 31, 2015, the company operated four automated dispensing home delivery pharmacies; one non-automated dispensing home delivery pharmacy; and one non-dispensing home delivery pharmacy maintained for business continuity purpose, as well as several non-dispensing order processing centers, patient contact centers, specialty drug pharmacies, and fertility pharmacies. The company was formerly known as Aristotle Holding, Inc. and changed its name to Express Scripts Holding Company in April 2012. Express Scripts Holding Company was founded in 1986 and is headquartered in St. Louis, Missouri.

The post Express Scripts Q1 EPS Beats, Sales Miss Views; Boosts FY16 EPS Outlook Above Street, Names New CEO (NASDAQ:ESRX) appeared first on Sonoran Weekly Review.

Pioneer Natural Resources Company (NYSE:PXD) reported a Q1 adjusted loss of $0.64 per share, narrower than expectations of a loss of $0.74 per share, according to Capital IQ. Revenue was $685 million, below expectations of $752 million.

For Q2, production is forecasted to average 224 MBOEPD to 229 MBOEPD. Production costs are expected to average $9.00 per BOE to $11.00 per BOE. DD&A expense is expected to average $17.50 per BOE to $19.50 per BOE. Total exploration and abandonment expense is forecasted to be $20 million to $30 million.

The stock increased 0.12% or $0.18 during the last trading session, hitting $153.33. About 2.10 million shares traded hands. Pioneer Natural Resources (NYSE:PXD) has risen 25.95% since September 18, 2015 and is uptrending. It has outperformed by 19.33% the S&P500.

Pioneer Natural Resources Company engages in the development, exploration, and production of oil and gas in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

The post Pioneer Natural Resources Company Bests Q1 Loss Estimates, Misses on Revenue (NYSE:PXD) appeared first on Sonoran Weekly Review.

Cadence Design Systems (NASDAQ:CDNS) says Q1 sales rose to $448 million from the year-ago period’s $411 million and topped the CapIQ mean for $444.68 million. Non-GAAP EPS rose a nickel to $0.28 and beat expectations by a penny. Q2 sales are seen between $445 million to $455 million, in line with estimates for $447.83 million.

Non-GAAP EPS are seen between $0.27 to $0.29, in line to below forecasts for $0.29. FY16 sales are expected between $1.790 billion to $1.840 billion, in line with the Street’s $1.818 billion. Non-GAAP EPS are seen between $1.15 to $1.25, compared with forecasts for $1.21. Separately, it said Geoff Ribar, senior vice president and chief financial officer, will retire on March 31, 2017. Cadence has initiated a comprehensive search to identify the next chief financial officer.

The stock increased 0.25% or $0.06 during the last trading session, hitting $23.8. About 3.53M shares traded hands or 40.08% up from the average. Cadence Design Systems Inc (NASDAQ:CDNS) has risen 14.37% since September 18, 2015 and is uptrending. It has outperformed by 7.74% the S&P500.

Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (IP) for semiconductor and electronics systems industries worldwide. It offers functional verification products, including logic verification software that enables customers to coordinate verification activities across multiple teams and various specialists for verification planning and closure; and system design and verification products for hardware-software verification, as well as for system power exploration, analysis, and optimization. The company also provides digital integrated circuit (IC) design products, such as logic design products for chip planning, design, verification, and test technologies and services; physical implementation tools, including place and route, signal integrity, optimization, and double patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry, as well as design for manufacturing products for use in the product development process.

In addition, it offers custom IC design and verification products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and RF designs; and system interconnect design products to develop printed circuit boards and IC packages. Further, the company provides design IP products consisting of pre-verified and customizable functional blocks to integrate into customerÂ’s system-on-chips; and VIP and memory models for use in system-level verification to model correct behavior of full systems interacting with their environments. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

The post Cadence Design Systems Beats Q1 Estimates, Issues Mostly In Line Guidance, Says CFO To Retire Next Year (NASDAQ:CDNS) appeared first on Sonoran Weekly Review.

Zions Bancorporation (NASDAQ:ZION) reported Q1 earnings of $78.8 million, or $0.38 per share, up from $75.3 million, or 0.37 per share in the year ago quarter but a penny shy of the analyst consensus of $0.39 per share on Capital IQ.

The stock increased 0.04% or $0.01 during the last trading session, hitting $27.29. About 4.04 million shares traded hands or 41.26% up from the average. Zions Bancorporation (NASDAQ:ZION) has declined 0.66% since September 18, 2015 and is downtrending. It has underperformed by 7.28% the S&P500.

Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services.

In addition, the company offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, safe deposit facilities, direct deposits, and Internet and mobile banking services. Further, it provides online and traditional brokerage services; small business administration and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2015, the company operated 450 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah.

The post Zions Bancorporation Q1 Earnings Rise Over Year Ago Levels (NASDAQ:ZION) appeared first on Sonoran Weekly Review.

The stock increased 41.18% or $0.035 on April 25, hitting $0.12. About 232,833 shares traded hands or 425.93% up from the average. Rockwell Diamonds Inc (TSE:RDI) has declined 40.00% since September 18, 2015 and is downtrending. It has underperformed by 46.63% the S&P500.

Rockwell Diamonds Inc. is a Canada firm engaged in developing and operating alluvial diamond mines in South Africa. The company has a market cap of $6.22 million. The Firm is involved in producing diamonds, developing its pipeline of alluvial diamond projects and acquiring other operating diamond properties or projects. It currently has negative earnings. Rockwell operates through three divisions: Northern Cape operation, associated with the mining of Paleo Channels and Rooikoppie gravels, and the recovery of high value and larger carat size diamonds; North West operation, associated with the mining of potholes, and the recovery of lower value and smaller carat size diamonds, and Corporate, which represents the corporate management and administrative function of the Company.

The post Rockwell Diamonds Streamlines its Corporate Structure, Returns to Wouterspan, Bolsters Processing Capacity at Holsloot and Remhoogte and Looks To Future Value Ops; Shares Jumped 41% Today (TSE:RDI) appeared first on Sonoran Weekly Review.

The stock decreased 4.29% or $0.31 during the last trading session, hitting $6.91. About 1.01M shares traded hands or 9.59% up from the average. Aratana Therapeutics Inc (NASDAQ:PETX) has declined 64.98% since September 18, 2015 and is downtrending. It has underperformed by 71.60% the S&P500.

Aratana Therapeutics, Inc., a development-stage biopharmaceutical company, focuses on the licensing, development, and commercialization of biopharmaceutical products for the companion animals worldwide. Its product portfolio includes various therapeutic candidates consisting of small molecule pharmaceuticals and large molecule biologics that target various opportunities in serious medical conditions in pets.

The company develops AT-001, a prostaglandin E2 EP4 receptor antagonist, to treat osteoarthritis pain and inflammation in dogs, as well as degenerative joint disease in cats; AT-002, a ghrelin agonist for appetite stimulation in dogs, as well as for weight gain in cats and dogs; AT-003, a bupivacaine liposome injectable suspension for the treatment of post-operative pain in dogs and cats; AT-004, a caninized monoclonal antibody for the treatment of B-cell lymphoma in dogs; and AT-005, a caninized monoclonal antibody for the treatment of T-cell lymphoma in dogs. It also develops AT-014, a novel her2/neu-directed cancer immunotherapy for the treatment of canine osteosarcoma and other cancers in dogs; AT-016 that provides long-term relief of pain and disability caused by osteoarthritis through regeneration of joint damage in dogs; and AT-018, an oral CRTH2 antagonist for the treatment of atopic dermatitis in dogs. In addition, the company develops products for the treatment of lymphoma and other cancers in multiple species, canine allergy, feline calicivirus, feline herpesvirus, feline immunodeficiency virus, and periodontal disease. Aratana Therapeutics, Inc. was founded in 2010 and is headquartered in Leawood, Kansas.

The post Aratana Therapeutics Due Off Halt at 435 PM ET, to Get $45 Mln Upfront in License Deal with Eli Lilly Unit (NASDAQ:PETX) appeared first on Sonoran Weekly Review.

Genuine Parts Company (NYSE:GPC) says it named Paul D. Donahue as President and Chief Executive Officer, effective May. He has served as President of the company since 2012 and was also President of the U.S. Automotive Parts Group from 2009 to 2015.

The stock increased 0.11% or $0.11 during the last trading session, hitting $96.9. About 388,019 shares traded hands. Genuine Parts Company (NYSE:GPC) has risen 16.40% since September 18, 2015 and is uptrending. It has outperformed by 9.77% the S&P500.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, Mexico, Australia, New Zealand, Puerto Rico, the Dominican Republic, and the Caribbean region. It distributes automotive replacement parts for imported vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, and heavy duty equipment; and accessory items used in the automotive aftermarket, including repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals through 59 NAPA automotive parts distribution centers and 1,100 NAPA AUTO PARTS stores.

The company also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation products, hoses, hydraulic and pneumatic components, industrial supplies, and material handling products primarily for food and beverage, forest products, primary metal, pulp and paper, mining, automotive, oil and gas, petrochemical, and pharmaceutical industries through 533 branches, 15 distribution centers, and 46 service centers. In addition, it distributes office furniture, technology products, general office and school supplies, cleaning, janitorial and breakroom supplies, safety and security items, healthcare products, and disposable food service products to resellers through 45 distribution centers. Further, the company distributes wires and cables, connectivity solutions, insulating and conductive materials, assembly tools, test equipment, custom fabricated parts, and specialty coated materials to original equipment manufacturers, motor repair shops, specialty wire and cable users, and various industrial assembly markets. Genuine Parts Company was founded in 1928 and is based in Atlanta, Georgia.

The post Genuine Parts Company Adds CEO to President’s Job (NYSE:GPC) appeared first on Sonoran Weekly Review.

The stock decreased 1.32% or $0.42 during the last trading session, hitting $31.35. About 119,759 shares traded hands or 82.94% up from the average. Heartland Financial USA Inc (NASDAQ:HTLF) has declined 10.86% since September 18, 2015 and is downtrending. It has underperformed by 17.49% the S&P500.

Heartland Financial USA, Inc., a multi-bank holding company, provides banking services to individuals and businesses in the United States. It accepts various deposit products, including checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, health savings accounts, and other time deposits. The company also offers commercial and industrial loans; commercial real estate loans; small business loans; agricultural loans; real estate mortgage loans; consumer loans comprising motor vehicle loans, home improvement loans, home equity line of credit, and fixed rate home equity loans; and credit cards for commercial, business, and personal use.

In addition, it provides treasury and investment management, trust, retirement plan, and brokerage and investment services. Further, the company offers electronic banking services, as well as client access to account information through business and personal online banking, mobile banking, bill payment, remote deposit capture, treasury management services, debit cards, and automated teller machines; and vehicle, property and casualty, life, and disability insurance. As of February 22, 2016, it operated a network of 108 banking locations serving 85 communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas, and California; and mortgage loan production offices in California, Nevada, and Idaho. Heartland Financial USA, Inc. was founded in 1981 and is headquartered in Dubuque, Iowa.

The post Heartland Financial USA Q1 Profit Tops Estimates (NASDAQ:HTLF) appeared first on Sonoran Weekly Review.

General Electric’s (NYSE:GE) GE Oil & Gas signed a long-term strategic agreement with Iraq’s Oil Ministry to help improve the performance of the country’s energy sector and create local jobs, Fortune reported. The agreement consists of various projects to boost national power resources including a project that would generate over 400 megawatts for oil installations in Iraq, the report said. Other projects are designed to maintain existing infrastructure and reduce gas flaring in oil fields so that electricity production can be increased and used in other industrial and energy sectors. Iraq’s Oil Ministry did not provide financial details of the agreement, the report noted. GE shares closed 0.3% lower Monday, in the upper end of the 52-week range of $19.37 to $32.05.

The stock decreased 0.29% or $0.09 during the last trading session, hitting $30.67. About 35.48 million shares traded hands or 7.65% up from the average. General Electric Company (NYSE:GE) has risen 23.71% since September 18, 2015 and is uptrending. It has outperformed by 17.08% the S&P500.

General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The companyÂ’s Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. Its Renewable Energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. The companyÂ’s Oil and Gas segment provides turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. Its Energy Management segment offers industrial and grid solutions; and power conversion systems.

The companyÂ’s Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and provides aftermarket services. Its Healthcare segment offers diagnostic imaging and clinical systems; products and services for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. The companyÂ’s Transportation segment provides freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, stationary power diesel engines and motors, and overhaul, repair, and upgrade services. Its Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. The companyÂ’s Capital segment offers commercial lending and leasing, factoring, energy financial services, and aircraft financing and leasing services. General Electric Company was founded in 1892 and is headquartered in Fairfield, Connecticut.

The post General Electric Unit Seals Strategic Deal With Iraq to Improve Country’s Power Resources (NYSE:GE) appeared first on Sonoran Weekly Review.

The stock decreased 1.36% or $0.33 during the last trading session, hitting $23.92. About 72,127 shares traded hands. Heidrick & Struggles International, Inc. (NASDAQ:HSII) has risen 24.84% since September 18, 2015 and is uptrending. It has outperformed by 18.22% the S&P500.

Heidrick & Struggles International, Inc. provides executive search, culture shaping, and leadership consulting services on a retained basis to businesses and business leaders worldwide. The company enables its clients to build leadership teams by facilitating the recruitment, management, and deployment of senior executives. Its leadership consulting services include leadership assessment; leadership, team, and board development; succession planning; talent strategy; people performance; inter-team collaboration; and organizational transformation. The company was founded in 1953 and is headquartered in Chicago, Illinois.

The post Heidrick & Struggles International Beats Q1 Sales Estimate but EPS Misses; Sees Q2 Sales Above Street (NASDAQ:HSII) appeared first on Sonoran Weekly Review.

The stock increased 0.82% or $0.18 during the last trading session, hitting $22.21. About 591,906 shares traded hands or 22.68% up from the average. Sanmina Corp (NASDAQ:SANM) has risen 10.55% since September 18, 2015 and is uptrending. It has outperformed by 3.93% the S&P500.

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The company offers product design and engineering solutions comprising concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services.

It also provides interconnect systems, such as printed circuit board fabrication, backplane, and cable assemblies; and mechanical systems, including enclosures, precision machining, and plastic injection molding; non-volatile DIMMs, solid state drives, and DRAM solutions; defense and aerospace products; storage products; and optical and radio frequency modules. The company offers its services to original equipment manufacturers in the communications networks, computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, energy and clean technology, and automotive industries. The company was formerly known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.

The post Sanmina Beats Q2 Street Estimates, Guides In Line for Q3 (NASDAQ:SANM) appeared first on Sonoran Weekly Review.

The stock decreased 0.81% or $0.68 on April 25, hitting $82.77. About 1.24M shares traded hands or 3.33% up from the average. Canadian National Railway Company (TSE:CNR) has risen 10.79% since September 18, 2015 and is uptrending. It has outperformed by 4.16% the S&P500.

Canadian National Railway Company is engaged in the rail and related transportation business. The company has a market cap of $65.13 billion. CN’s network and connections to all Class I railroads provide its clients with access to all three North American Free Trade Agreement (NAFTA) nations. It has a 18.82 P/E ratio. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations.

The post CN Rail Says Under Revised Outlook, Now Aims To Deliver 2016 EPS In Line With Last Year’s Adj Diluted EPS of C$4.44; Compared With Jan. 26, 2016, Call For Mid-single Digit EPS Growth This Year (TSE:CNR) appeared first on Sonoran Weekly Review.

The stock decreased 8.93% or $1.27 during the last trading session, hitting $13.01. About 3.07M shares traded hands or 267.78% up from the average. Knowles Corp (NYSE:KN) has declined 20.04% since September 18, 2015 and is downtrending. It has underperformed by 26.66% the S&P500.

Knowles Corporation designs, manufactures, and sells micro-acoustic, audio processing, and specialty component solutions to the mobile consumer electronics, communications, medical, military, aerospace, and industrial markets worldwide. The company operates in two segments, Mobile Consumer Electronics and Specialty Components. The Mobile Consumer Electronics segment designs and manufactures acoustic products, including microphones and audio processing technologies for mobile handsets, tablets, and other consumer electronic devices.

This segment also offers analog and digital microphones, micro-electro-mechanical systems microphones, surface mounted device microphones, receivers, speakers, integrated modules, multi-functional devices, ultrasonic sensors, voice processors, and integrated audio sub-systems. The Specialty Components segment designs and manufactures electronic components used in medical and life science applications; and solutions and components used in communications infrastructure and various other markets. This segment also provides transducer products used primarily in hearing aid applications in the commercial audiology markets; oscillator products primarily for the telecom infrastructure market; and capacitor products used in various applications, such as radio, radar, satellite, power supplies, transceivers, and medical implants for the defense, aerospace, telecommunication, and life sciences markets. The company sells its products to original equipment manufacturers; and to its contract manufacturers and suppliers, as well as through distributors. Knowles Corporation was incorporated in 2013 and is headquartered in Itasca, Illinois.

The post Knowles Tops Q1 Expectations, Guides Q2 in Line to Above Street – Shares up 4% in After-Hours (NYSE:KN) appeared first on Sonoran Weekly Review.

The stock decreased 0.81% or $0.68 on April 25, hitting $82.77. About 1.24 million shares traded hands or 3.33% up from the average. Canadian National Railway Company (TSE:CNR) has risen 10.79% since September 18, 2015 and is uptrending. It has outperformed by 4.16% the S&P500.

Canadian National Railway Company is engaged in the rail and related transportation business. The company has a market cap of $65.13 billion. CN’s network and connections to all Class I railroads provide its clients with access to all three North American Free Trade Agreement (NAFTA) nations. It has a 18.82 P/E ratio. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations.

The post CN Rail Says Weaker Than Expected Freight Demand in “Certain Markets” and Strengthening of CAD Vs USD Have Prompted a Downward Revision to CN’s 2016 Financial Outlook (TSE:CNR) appeared first on Sonoran Weekly Review.

The stock decreased 1.77% or $0.76 during the last trading session, hitting $42.53. About 125,745 shares traded hands or 13.39% up from the average. Banner Corporation (NASDAQ:BANR) has declined 3.43% since September 18, 2015 and is downtrending. It has underperformed by 10.06% the S&P500.

Banner Corporation operates as the bank holding company for Banner Bank and Islanders Bank, which provides commercial banking and financial products and services to individuals, businesses, and public sector entities primarily in the United States. It offers deposit products, including demand checking accounts, interest-bearing checking accounts, money market deposit accounts, regular savings accounts, certificates of deposit, cash management services, and retirement savings plans.

The company also provides loan products, including commercial and multifamily real estate loans; residential mortgage loans; residential construction and land loans for professional home builders and developers; consumer loans, such as home equity lines of credit, automobile loans, boat and recreational vehicle loans, and loans secured by deposit accounts; commercial business loans; and agricultural loans. In addition, it engages in mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. As of December 31, 2015, Banner Bank operated 199 branch offices and 9 loan production offices in Washington, Oregon, and Idaho; and Islanders Bank conducted business from 3 locations in San Juan County, Washington. Banner Corporation was founded in 1890 and is based in Walla Walla, Washington.

The post Banner Q1 Net Income Per Share Slips Vs Yr Ago Despite Jump in Sales from Core Ops (NASDAQ:BANR) appeared first on Sonoran Weekly Review.

The stock decreased 0.81% or $0.68 on April 25, hitting $82.77. About 1.24 million shares traded hands or 3.33% up from the average. Canadian National Railway Company (TSE:CNR) has risen 10.79% since September 18, 2015 and is uptrending. It has outperformed by 4.16% the S&P500.

Canadian National Railway Company is engaged in the rail and related transportation business. The company has a market cap of $65.13 billion. CN’s network and connections to all Class I railroads provide its clients with access to all three North American Free Trade Agreement (NAFTA) nations. It has a 18.82 P/E ratio. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations.

The post CN Rail Q1 Operating Ratio of 58.9%, an improvement of 6.8 Points Over Prior Yr Quarters (TSE:CNR) appeared first on Sonoran Weekly Review.

The stock decreased 0.81% or $0.68 on April 25, hitting $82.77. About 1.24 million shares traded hands or 3.33% up from the average. Canadian National Railway Company (TSE:CNR) has risen 10.79% since September 18, 2015 and is uptrending. It has outperformed by 4.16% the S&P500.

Canadian National Railway Company is engaged in the rail and related transportation business. The company has a market cap of $65.13 billion. CN’s network and connections to all Class I railroads provide its clients with access to all three North American Free Trade Agreement (NAFTA) nations. It has a 18.82 P/E ratio. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations.

The post CN Rail Q1 Diluted EPS Increased 16% to C$1.00. Appears To Beat Forecast C$0.93; CNR Shares Shy of 52 Week Highs (TSE:CNR) appeared first on Sonoran Weekly Review.

The stock decreased 1.70% or $0.35 during the last trading session, hitting $20.22. About 3.59 million shares traded hands. Joy Global Inc. (NYSE:JOY) has risen 16.95% since September 18, 2015 and is uptrending. It has outperformed by 10.32% the S&P500.

Joy Global Inc. manufactures and services mining equipment for extraction of coal, copper, iron ore, oil sands, gold, and other minerals and ores worldwide. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. The Underground Mining Machinery segment produces armored face conveyors, battery haulers, continuous chain haulage systems, continuous miners, conveyor systems, feeder breakers, flexible conveyor trains, hard rock mining products, high angle conveyors, longwall shearers, powered roof supports, road headers, roof bolters, and shuttle cars. This segment also provides equipment assemblies, service, repairs, rebuilds, parts, consumables, enhancement kits, and training.

The Surface Mining Equipment segment produces blasthole drills, conveyor systems, electric mining shovels, hybrid excavators, feeder breakers, high angle conveyors, walking draglines, and wheel loaders. This segment also provides equipment assemblies, relocations, inspections, service, repairs, rebuilds, upgrades, used equipment, parts, consumables, enhancement kits, and training. Joy Global Inc. also offers life chref="canacol-energy-provides-gas-sales-update-tsecne/">Canacol Energy Provides Gas Sales Update (TSE:CNE) appeared first on Sonoran Weekly Review.

Outsourcing and consulting firm Infosys'(INFY) ADRs were off 1.8%, while Philippine Long Distance Telephone (PHI) lost 1.3% Gainers in North Asia were led by Internet Initiative Japan (IIJI), up more than 7%. The Japanese internet service provider was followed by China Eastern Airlines (CEA), higher 4.7%. Chinese social media platform Weibo Corporation (WB), rose 3.1%, while Korean steel producer POSCO (PKX) gained just under 3%. In South Asia, the gainers were lead by ICICI Bank (NYSE:IBN), which gained just over 5%, followed by Mumbai-based internet platform Rediff.com India (REDF), which rose 1.4%. Pharmaceutical company Dr. Reddy’s Laboratories (RDY) closed 1.1% higher, while SIFY (SIFY), an information and communications technology solutions and services company moved up 0.7%.

The stock is up 0.44% or $0.03 after the news, hitting $7.88 per share. About 23.78 million shares traded hands or 167.19% up from the average. ICICI Bank Ltd (ADR) (NYSE:IBN) has declined 13.11% since September 15, 2015 and is downtrending. It has underperformed by 19.39% the S&P500.

ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. It offers commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking, and treasury products and services. The company also provides current, savings, salary, and other accounts; term, fixed and recurring, flexible recurring, tax saving and money multiplier fixed, security, and advantage deposits; home, car, personal, gold, commercial vehicle, and other loans, as well as loans against securities; and credit, debit, prepaid, travel, and corporate cards.

In addition, it offers term, wealth, retirement, and child education plans; health, travel, car, two wheeler, home, and student medical insurance products; card protection plans; pockets wallet; fixed income products; investment products, such as mutual funds, gold/silver, and initial public offerings; and farmer finance, agri traders and processors, agri corporates, tractor loans, and micro banking services. In addition, the company provides portfolio management services and alternative investments; family wealth and demat accounts; foreign exchange services; and risk protection products. Further, it offers merchant, locker, trade, and cash management services; business loans and insurance products; portfolio investment scheme; NRI accounts; financial institution, capital market, and custodial services; and project and technology finance. Additionally, the company provides Internet, mobile, and phone banking services. As of March 31, 2015, it had a network of 4,050 branches and 12,451 ATM’s in India. ICICI Bank Limited was founded in 1955 and is based in Mumbai, India.

The post Asian ADRs Edge Lower in Thursday’s Trading Session (NYSE:IBN) appeared first on Sonoran Weekly Review.

The stock is down 0.24% or $0.02 after the news, hitting $8.25 per share. About 15.25M shares traded hands or 320.11% up from the average. Ericsson (ADR) (NASDAQ:ERIC) has risen 0.41% since September 15, 2015 and is uptrending. It has underperformed by 5.87% the S&P500.

Telefonaktiebolaget LM Ericsson (publ) provides network equipment and software, and services for network and business operations worldwide. Its Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud. This segment also offers radio access solutions; IP routing and transport solutions; microwave and optical transmission solutions for mobile and fixed networks; IP multimedia subsystem solutions; a cloud platform handles workloads for various clouds; and telecom, IT, and commercial cloud services. The companyÂ’s Global Services segment delivers managed services, including services for designing, building, operating, and managing the day-to-day operations of the customerÂ’s network or solutions; maintenance; network sharing solutions; shared solutions; and managed services of IT environments, as well as provides broadcast and media services.

This segment also offers product-related services, such as services to expand, upgrade, restructure, or migrate networks; network-rollout services; customer support; and network design and optimization services. In addition, it provides consulting and systems integration services comprising technology and operational consulting, integration of multi-vendor equipment, design and integration, and transforming programs; and industry specific solutions. The companyÂ’s Support Solutions segment offers operations support systems; business support systems that provide revenue management, mediation, and customer care solutions; television (TV) and media solutions for the creation, management, and delivery of TV experiences on any device over any network; and M-Commerce solutions for money transfer. It serves telecom operators, as well as media, public safety, utilities, and transport industries. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

The post Ericsson Slides 15% After Bank of America Merrill Lynch Downgrade to Neutral Vs Buy With $80 PT (NASDAQ:ERIC) appeared first on Sonoran Weekly Review.

Free cash flow is expected to remain solid, which should support its share repurchase activities. However, organic growth remains challenging, which likely the limits the benefits from the company’s cost improvement programs, BMO added. BMO’s EPS estimates increase to $1.84 for 2016 but drop to $1.99 for 2017. The stock trades at the lower half of 52-week range $18.94 – $29.41.

The stock increased 1.52% or $0.34 on April 21, hitting $22.76. About 498,873 shares traded hands or 220.39% up from the average. TransForce Inc (TSE:TFI) has declined 5.32% since September 15, 2015 and is downtrending. It has underperformed by 11.61% the S&P500.

TransForce Inc. is engaged in the provision of transportation and logistics services across Canada and the United States. The company has a market cap of $2.11 billion.

The post TransForce Target Price Raised to $23 at BMO Research Post Q1 Results; Rating Kept at Market Perform (TSE:TFI) appeared first on Sonoran Weekly Review.

The job losses will affect all departments and hiring 195 people in new positions will make a net reduction 430 roles, the bank said, Bloomberg reported. BNP Paribas, Europe’s second-largest bank by assets, is seeking to eliminate as many as 675 jobs at its French investment banking unit as tighter regulatory requirements curb profitability, it confirmed two weeks ago. Banks are cutting jobs and closing units as tighter regulatory requirements in the wake of the financial crisis are prompting them to reconsider their business model. Credit Suisse Group said in March that it will cut 2,000 more jobs at its investment banking unit than earlier planned, and Deutsche Bank is selling many of its underperforming businesses as part of a restructuring plan.

The stock increased 1.77% or $0.07 during the last trading session, hitting $4.02. About 7.45M shares traded hands or 91.52% up from the average. Lloyds Banking Group PLC (ADR) (NYSE:LYG) has declined 16.31% since September 15, 2015 and is downtrending. It has underperformed by 22.60% the S&P500.

Lloyds Banking Group plc provides banking and financial services to individual and business customers in the United Kingdom and internationally. The company operates through four segments: Retail, Commercial Banking, Consumer Finance, and Insurance. The Retail segment offers a range of financial service products, including current accounts, savings, personal loans, and mortgages to wealth and small business customers; and distributes insurance, protection and credit cards, and a range of long-term savings and investment products. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt capital markets services, as well as private equity financing to various clients comprising small and medium-sized companies, mid-markets, corporates, and financial institutions.

The Consumer Finance segment offers motor finance, credit cards, European mortgages and deposit taking, and car leasing services to consumers and commercial customers. The Insurance segment provides long-term savings, retirement solutions, and protection products through the intermediaries and direct channels; home insurance products through branch network, direct channels, and strategic corporate partners; and annuities. It also offers personal and commercial insurance brokerage services. This segment provides its products under the Lloyds Bank, Halifax, and Bank of Scotland brands to retail and corporate customers. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.

The post Britain’s Lloyds Bank to Eliminate 625 Jobs, Close Branches in Cost-Cutting Drive (NYSE:LYG) appeared first on Sonoran Weekly Review.

The stock is down 3.27% or $1.48 after the news, hitting $43.59 per share. About 231,017 shares traded hands or 259.23% up from the average. Viacom, Inc. (NASDAQ:VIA) has declined 11.64% since September 15, 2015 and is downtrending. It has underperformed by 17.93% the S&P500.

Viacom, Inc. operates as an entertainment content company in the United States and internationally. The company creates television programs, motion pictures, short-form content, applications, games, consumer products, social media, and other entertainment content. It operates through two segments, Media Networks and Filmed Entertainment.

The Media Networks segment provides entertainment content and related branded products for consumers approximately through 250 locally programmed and operated TV channels, including Nickelodeon, Comedy Central, MTV, VH1, SPIKE, BET, CMT, TV Land, Nick at Nite, Nick Jr., Channel 5 (UK), Logo, Nicktoons, TeenNick, Paramount Channel, and others, as well as through online, mobile, and apps. The Filmed Entertainment segment produces, finances, acquires, and distributes motion pictures, television programming, and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, Paramount Animation, Insurge Pictures, Nickelodeon Movies, MTV Films, and Paramount Television brands. This segment exhibits motion pictures theatrically through home entertainment, television, and digital licensing and ancillary activities. The company releases its content through download-to-own, download-to-rent, DVDs, Blu-ray discs, transactional video-on-demand, pay television, subscription video-on-demand, basic cable television, free television, and free video-on-demand, as well as airlines and hotels. Viacom, Inc. is headquartered in New York, New York.

The post Viacom Jumps 7% After Agreeing to Multi-Year Contract Renewal With DISH Network (NASDAQ:VIA) appeared first on Sonoran Weekly Review.

CMS Energy (NYSE:CMS) said Thursday that it will pay a quarterly cash dividend on its common stock of $0.31 per share on May 31 to shareholders of record on May 6. The energy company maintained its dividend rate from the previous quarter. Shares were 1.5% lower in recent morning trade, above the midpoint of the 52-week range of $31.22 – $42.87.

The stock is up 0.12% or $0.05 after the news, hitting $39.43 per share. About 2.91M shares traded hands or 31.08% up from the average. CMS Energy Corporation (NYSE:CMS) has risen 22.58% since September 15, 2015 and is uptrending. It has outperformed by 16.30% the S&P500.

CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity to residential, commercial, and diversified industrial customers in MichiganÂ’s Lower Peninsula. It operates a network of coal, gas, hydroelectric, oil, and wind generation plants. This segmentÂ’s distribution system includes 434 miles of high-voltage distribution radial lines; 4,251 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 56,023 miles of electric distribution overhead lines; 10,383 miles of underground distribution lines; and substations with an aggregate transformer capacity of 24 million thousand volt-amperes.

The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segmentÂ’s gas transmission, storage, and distribution system comprises 1,686 miles of transmission lines; 15 gas storage fields with a total storage capacity of 309 billion cubic feet and a working gas volume of 151 billion cubic feet; 27,537 miles of distribution mains; and 7 compressor stations with a total of 157,939 installed and available horsepower. The Enterprises segment engages in the independent power production and marketing activities. As of December 31, 2015, this segment had ownership interests in independent power plants fueled by natural gas and biomass totaling 1,177 megawatts. The company also provides unsecured consumer installment loans for financing home improvements. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.

The post CMS Energy to Pay Unchanged $0.31 Quarterly Dividend (NYSE:CMS) appeared first on Sonoran Weekly Review.

The stock increased 6.45% or $0.01 on April 21, hitting $0.165. About 200,000 shares traded hands or 46.61% up from the average. Canada Zinc Metals Corp. (CVE:CZX) has risen 6.00% since March 22, 2016 and is uptrending. It has underperformed by 0.28% the S&P500.

Canada Zinc Metals Corp. is a Canada firm engaged in the exploration and development of mineral properties in Canada. The company has a market cap of $28.87 million. The Firm has mining interests in properties located in British Columbia and the Northwest Territories. It currently has negative earnings. The Firm owns land in mineral belt called the Kechika Trough, which hosts Zinc-Lead-Silver base metals deposits including the Company’s Cardiac Creek deposit.

The post TSXV-Listed Canada Zinc Metals to Update Resource Estimate for the Cardiac Creek Zn-Pb-Ag Deposit (CVE:CZX) appeared first on Sonoran Weekly Review.

The Galahad leases cover a 1,700 meters segment of the northwest trending Galer Fault. The property was drilled in 1945, 1973, 1988, 1990 and 2010. Drilling was done over a 1,100 m stretch of the fault zone with most holes less than 100 m deep. Seventeen of twenty two holes intersected gold mineralization at shallow depth. Historic results include 10.63 g/t gold over 3 meters. The Galahad is approximately 2.5km south west of the Ashley Gold Mine.

The stock decreased 12.50% or $0.04 on April 21, hitting $0.28. About 57,455 shares traded hands or 5.47% up from the average. Prosper Gold Corp (CVE:PGX) has risen 6.00% since March 22, 2016 and is uptrending. It has underperformed by 0.28% the S&P500.

Prosper Gold Corp. is a Canada-based exploration and development company, which is engaged in acquiring and advancing promising mineral prospects in British Columbia . The company has a market cap of $9.83 million. The Firm focuses on its Star Porphyry Copper Gold Project, an alkalic porphyry copper-gold prospect in northwest BC, located approximately 110 kilometers west-southwest of Dease Lake, BC and over 50 kilometers northwest of Telegraph Creek. It has a 83.83 P/E ratio. The Company’s Star Porphyry Copper Gold Project includes projects, such as Imperial Metals’ Red Chris deposit, where mill commissioning for production has started; NovaGold/Teck Resources’ Galore Creek deposit, which is in pre-feasibility, and Copper Fox/Teck Resources’ Shaft Creek deposit, which has reserves of approximately 941 million tons grading approximately 0.3% copper, over 0.2 gigatons gold, approximately 0.02% molybdenum and over 1.8 gigatons silver.

The post TSXV-Listed Prosper Gold to Acquire 13 Mineral Claims, 9 Mineral Leases; Shares Tumble 14% (CVE:PGX) appeared first on Sonoran Weekly Review.

Marine Harvest (MHG), a Norwegian seafood company, down by 4.2% and Aixtron (AIXG), a German provider of deposition equipment, 3.9% lower. In the UK, RELX (RELX), a provider of information and analytics, was 3.4% lower, followed by National Grid (NGG), a British electricity and gas utility company, down by 3.1% and metal miner Rio Tinto (RIO), 3.1% lower. Gainers in Continental Europe were led by Spanish bank Banco Santander (NYSE:SAN), 2.3% higher, followed by Banco Bilbao Vizcaya Argentaria (BBVA), up by 1.9% and Dutch financial services group ING Groep (ING), 1.7% higher. And, in the UK, Midatech Pharma (MTP), a nanomedicine company, was 2.4% higher, followed by pharmaceutical major Adaptimmune Therapeutics (ADAP), also 2.4% higher and Luxfer (LXFR), a materials technology company, up by 1.9%.

The stock increased 1.85% or $0.09 on April 21, hitting $4.95. About 11.85 million shares traded hands or 83.15% up from the average. Banco Santander, S.A. (ADR) (NYSE:SAN) has declined 14.89% since September 15, 2015 and is downtrending. It has underperformed by 21.17% the S&P500.

Banco Santander, S.A., together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients. The company offers demand and time deposits, and current accounts; mortgages and auto finance, personal loans, and loans to buy durable goods; and debit and credit cards. It also provides cash management, trade finance, financing and custody, and bond and securitization origination services; originates and distributes corporate loans and structured financings; and offers corporate finance services for mergers and acquisitions, equities markets, and investment solutions through derivatives, as well as asset and capital structuring.

In addition, the company is involved in the corporate banking, treasury, and investment banking activities; sale and distribution of fixed income and equity derivatives, interest rates, and inflation; trading and hedging of exchange rates and short-term money markets for wholesale and retail customers; and brokerage of equities, and derivatives for investment and hedging solutions. Further, it offers asset management, private banking, and payment capture and processing services, as well as mobile and online banking services. It operates through 13,030 branches worldwide. The company was formerly known as Banco Santander Central Hispano S.A. and changed its name to Banco Santander, S.A. in June 2007. Banco Santander, S.A. was founded in 1857 and is headquartered in Madrid, Spain.

The post European ADRs Slide as Telecom Major Ericcson Posts Sales Decline, Unveils Structural Changes (NYSE:SAN) appeared first on Sonoran Weekly Review.

Shares of Apple Inc. (NASDAQ:AAPL) were inching lower Thursday morning after the company said it would unveil Q2 financial results on April 26 after the market closes. According to the Nasdaq website, the technology giant was slated to report Q2 results on April 25. Apple said it rescheduled the earnings release due to a memorial service to be held for technology-industry advisor Bill Campbell on April 25. AAPL was down less than 1% in recent trade, moving in the lower half of the 52-week range of $92.00 to $134.54.

The stock is down 0.41% or $0.43 after the news, hitting $105.54 per share. About 31.24 million shares traded hands. Apple Inc. (NASDAQ:AAPL) has declined 7.87% since September 15, 2015 and is downtrending. It has underperformed by 14.15% the S&P500.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, education, and enterprise and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro.

In addition, it offers Apple TV that connects to consumersÂ’ TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, iBooks Store, Mac App Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

The post Apple Delays Q2 Earnings Release By One Day to April 25 – Shares Slip 0.7% (NASDAQ:AAPL) appeared first on Sonoran Weekly Review.

The stock decreased 22.80% or $6.18 on April 21, hitting $20.92. About 3.76M shares traded hands or 1484.47% up from the average. Trueblue Inc (NYSE:TBI) has risen 9.41% since September 15, 2015 and is uptrending. It has outperformed by 3.12% the S&P500.

TrueBlue, Inc. provides staffing, recruitment process outsourcing, and managed services in the United States, Canada, and Puerto Rico. It operates through two segments, Staffing Services and Managed Services. The company offers a range of blue-collar staffing services, including on-demand general labor under the Labor Ready brand; skilled manufacturing and logistics labor under the Spartan Staffing brand; and skilled trades for commercial, industrial, and energy construction industries, as well as for building and plant maintenance industries under the CLP Resources brand name.

It also provides skilled mechanics and technicians for the aviation and transportation industries under the PlaneTechs brand name; temporary and dedicated drivers for the transportation and distribution industries under the Centerline Drivers brand name; and recruitment and on-premise management of a facility’s contingent industrial workforce under the Staff Management On-premise Staffing brand name. In addition, the company offers outsourced recruitment of permanent employees on behalf of clients under the PeopleScout and hrX brand name; and manages multiple third party staffing vendors on behalf of clients under the Staff Management brand name. It serves small and medium-sized businesses, as well as customers in the construction, energy, manufacturing, warehousing, distribution, waste, wholesale, retail, transportation, aviation, hospitality, and other industries. The company was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. TrueBlue, Inc. was founded in 1985 and is headquartered in Tacoma, Washington.

The post RW Baird Downgrades TrueBlue to Neutral From Outperform, PT Cut to $23 vs $26 (NYSE:TBI) appeared first on ?p=50652 Allete (NYSE:ALE) said Thursday that it will pay a quarterly cash dividend on its common stock of $0.52 per share on June 1 to shareholders of record on May 16.…

The post Allete to Pay Unchanged $0.52 Quarterly Dividend (NYSE:ALE) appeared first on Sonoran Weekly Review.

AbbVie (NYSE:ABBV) shares were higher 1% on Thursday after saying it has struck a collaboration agreement with Argenx on the development and commercialization of ARGX-115 targeting the immuno-oncology target GARP, a protein believed to contribute to immuno-suppressive effects of T-cells. AbbVie may exercise an exclusive option to license the ARGX-115 program and assume responsibility for further clinical development and commercialization. Argenx will receive an upfront payment of $40 million from AbbVie for the exclusive option to license ARGX-115 and near-term preclinical milestones of $20 million.

Moreover, Argenx is also eligible to receive additional development, regulatory and commercial payments up to $625 million upon achievement of pre-determined milestones as well as tiered, up to double-digit royalties on net sales upon commercialization. In addition to the ARGX-115 program, and upon reaching a predetermined preclinical stage milestone, AbbVie said it will fund further GARP-related research by Argenx for an initial period of two years. AbbVie will have the right to license additional therapeutic programs emerging from this research, for which Argenx could receive associated milestone and royalty payments. ABBV trades in the upper half of the 52-week range between $45.45 and $71.60.

The stock is down 0.86% or $0.53 after the news, hitting $60.84 per share. About 5.64 million shares traded hands. AbbVie Inc (NYSE:ABBV) has risen 2.16% since September 15, 2015 and is uptrending. It has underperformed by 4.12% the S&P500.

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company offers HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; IMBRUVICA an oral therapy for the treatment of chronic lymphocytic leukemia; and VIEKIRA PAK, an interferon-free therapy, with or without ribavirin, for adults with genotype 1 chronic hepatitis, including those with compensated cirrhosis. It also provides Kaletra, an anti-HIV-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in HIV-1 patients; Norvir, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1; and Synagis to prevent respiratory syncytial virus infection in high risk infants.

In addition, the company offers AndroGel, a testosterone replacement therapy for males diagnosed with symptomatic low testosterone; Creon, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Synthroid to treat hypothyroidism; and Lupron, a product for the palliative treatment of prostate cancer, and endometriosis and central precocious puberty, as well as for the treatment of patients with anemia. Further, it provides Duopa and Duodopa, a levodopa-carbidopa intestinal gel to treat ParkinsonÂ’s disease; Sevoflurane, an anesthesia product for human use; TriCor, Trilipix, and Niaspan treat metabolic conditions characterized by high cholesterol and/or high triglycerides; and Zemplar to treat secondary hyperparathyroidism. The company sells its products to wholesalers, distributors, government agencies, health care facilities, specialty pharmacies, and independent retailers from its distribution centers and public warehouses. AbbVie Inc. has strategic collaboration with C2N Diagnostics, Calico Life Sciences LLC, Infinity Pharmaceuticals, Inc., Ablynx NV, Galapagos NV, and Alvine Pharmaceuticals, Inc. The company was incorporated in 2012 and is based in North Chicago, Illinois.

The post AbbVie May License Argenx’ Potential Cancer Treatment ARGX-115 For Up to $685 Mln (NYSE:ABBV) appeared first on Sonoran Weekly Review.

The stock decreased 0.98% or $0.26 during the last trading session, hitting $26.24. About 307,407 shares traded hands. Glacier Bancorp, Inc. (NASDAQ:GBCI) has declined 2.29% since September 15, 2015 and is downtrending. It has underperformed by 8.57% the S&P500.

Glacier Bancorp, Inc. operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. It offers deposit products, including non-interest bearing demand accounts, interest bearing checking accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, individual retirement accounts, NOW accounts, and certificate accounts. The company also provides construction and permanent loans on residential real estate; consumer land or lot acquisition loans; unimproved land and land development loans; and residential builder guidance lines comprising pre-sold and spec-home construction, and lot acquisition loans.

In addition, it offers commercial real estate loans to purchase, construct, and finance commercial real estate properties; consumer loans secured by real estate, automobiles, or other assets; second mortgage loans; home equity loans consisting of 1-4 family junior lien mortgages, and first and junior lien lines of credit secured by residential real estate; and agriculture loans. Further, the company provides mortgage origination services; and brokerage services for selling products, such as stocks, bonds, mutual funds, limited partnerships, annuities, and other insurance products. It operates in 144 locations, including 135 branches in Montana, Idaho, Wyoming, Colorado, Utah, and Washington. The company was incorporated in 2004 and is headquartered in Kalispell, Montana.

The post Glacier Bancorp Seals Deal to Buy Treasure State Bank For $12.9 Mln, Sees Immediate EPS Accretion (NASDAQ:GBCI) appeared first on Sonoran Weekly Review.

The stock is down 23.39% or $6.34 after the news, hitting $20.76 per share. About 3.29M shares traded hands or 1286.41% up from the average. Trueblue Inc (NYSE:TBI) has risen 9.41% since September 15, 2015 and is uptrending. It has outperformed by 3.12% the S&P500.

TrueBlue, Inc. provides staffing, recruitment process outsourcing, and managed services in the United States, Canada, and Puerto Rico. It operates through two segments, Staffing Services and Managed Services. The company offers a range of blue-collar staffing services, including on-demand general labor under the Labor Ready brand; skilled manufacturing and logistics labor under the Spartan Staffing brand; and skilled trades for commercial, industrial, and energy construction industries, as well as for building and plant maintenance industries under the CLP Resources brand name.

It also provides skilled mechanics and technicians for the aviation and transportation industries under the PlaneTechs brand name; temporary and dedicated drivers for the transportation and distribution industries under the Centerline Drivers brand name; and recruitment and on-premise management of a facility’s contingent industrial workforce under the Staff Management On-premise Staffing brand name. In addition, the company offers outsourced recruitment of permanent employees on behalf of clients under the PeopleScout and hrX brand name; and manages multiple third party staffing vendors on behalf of clients under the Staff Management brand name. It serves small and medium-sized businesses, as well as customers in the construction, energy, manufacturing, warehousing, distribution, waste, wholesale, retail, transportation, aviation, hospitality, and other industries. The company was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. TrueBlue, Inc. was founded in 1985 and is headquartered in Tacoma, Washington.

The post BMO Capital Downgrades TrueBlue to Underperform vs Market Perform; Shares Dive 25% (NYSE:TBI) appeared first on Sonoran Weekly Review.

The stock is down 0.05% or $0.01 after the news, hitting $20.61 per share. About 102,392 shares traded hands. Essent Group Ltd (NYSE:ESNT) has declined 22.13% since September 15, 2015 and is downtrending. It has underperformed by 28.41% the S&P500.

Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. The company was founded in 2008 and is based in Hamilton, Bermuda.

The post Essent Group Secures New $200 Mln Revolving Credit Facility (NYSE:ESNT) appeared first on Sonoran Weekly Review.

The stock is down 32.53% or $6.63 after the news, hitting $13.75 per share. About 1.36M shares traded hands or 1971.72% up from the average. Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) has declined 12.64% since September 15, 2015 and is downtrending. It has underperformed by 18.93% the S&P500.

Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, operates natural and organic groceries, and dietary supplement retail stores in the United States. The companyÂ’s stores offer natural and organic grocery products, such as organic produce products; bulk food and private label products; dry, frozen, and canned groceries; meat and seafood products; dairy products and dairy substitutes; prepared foods; bread and baked products; and beverages.

Its stores also provide private label dietary supplements; body care products comprising cosmetics, skin care, hair care, fragrance and personal care products containing natural and organic ingredients; pet care and food products; household and general merchandise, including cleaning supplies, paper products, dish and laundry soap, and other common household products; and books and handouts. As of April 18, 2016, the company operated 100 stores in 19 states. Natural Grocers by Vitamin Cottage, Inc. operates its retail stores under the Natural Grocers by Vitamin Cottage trademark. The company was founded in 1955 and is headquartered in Lakewood, Colorado.

The post RBC Cuts Natural Grocers to Sector Perform, PT Cut to $16 From $29, Shares Hit Record Low (NYSE:NGVC) appeared first on Sonoran Weekly Review.

The stock is down 0.49% or $0.4 after the news, hitting $81.6 per share. About 1.13 million shares traded hands. Bank of Montreal (TSE:BMO) has risen 17.60% since September 15, 2015 and is uptrending. It has outperformed by 11.31% the S&P500.

Bank of Montreal is a financial services company. The company has a market cap of $52.72 billion. The Bank provides a range of personal and commercial banking, wealth management and investment banking services and products. It has a 12.2 P/E ratio. The Bank’s operating groups include Personal and Commercial Banking, Wealth Management, BMO Capital Markets (BMO CM) and Corporate Services, including Technology and Operations.

The post CANADA ECONOMICS: BMO Notes Poloz Speech To Senate Results in “Precisely Zero Market Reaction” (TSE:BMO) appeared first on Sonoran Weekly Review.

The stock is up 5.92% or $0.045 after the news, hitting $0.805 per share. About 707,735 shares traded hands or 173.76% up from the average. Petroquest Energy Inc (NYSE:PQ) has declined 45.71% since September 15, 2015 and is downtrending. It has underperformed by 52.00% the S&P500.

PetroQuest Energy, Inc. operates as an independent oil and gas company. The company is involved in the acquisition, exploration, and development of oil and gas properties in Gulf Coast Basin and East Texas. As of December 31, 2015, it had estimated proved reserves of 1.8 thousand barrels of oil, 34.8 billion cubic feet equivalent of natural gas liquids, and 132 billion cubic feet of natural gas. The company was founded in 1983 and is headquartered in Lafayette, Louisiana.

The post Petroquest Energy Shares Jump 11%; Sells East Hoss Field Assets For $18 Mln (NYSE:PQ) appeared first on Sonoran Weekly Review.

The stock is 0.00% or $0 after the news, hitting $16.1 per share. It is down 31.43% since September 15, 2015 and is uptrending. It has outperformed by 25.14% the S&P500.

Lumenpulse Inc. is a Canada-based company engaged in the design, development, assembly and sale of lighting products. The company has a market cap of $412.56 million. The Firm operates in two divisions: Lumenpulse LED products and other manufacturers’ products (OMP). It has a 72.01 P/E ratio. The Company’s LP products consist of light-emitting diode (LED) lighting solutions.

The post Lumenpulse to Showcase Wider Range of Products at Lightfair 2016 (TSE:LMP) appeared first on Sonoran Weekly Review.

The stock is down 0.18% or $0.06 after the news, hitting $33.18 per share. About 183,276 shares traded hands. BWX Technologies Inc (NYSE:BWXT) has risen 27.84% since September 15, 2015 and is uptrending. It has outperformed by 21.55% the S&P500.

BWX Technologies, Inc. provides nuclear components, fuels, and assemblies to the United States government. The company operates in three segments: Nuclear Operations, Technical Services, and Nuclear Energy. The Nuclear Operations segment designs and manufactures precision naval nuclear components and reactors; close-tolerance and equipment for nuclear applications; and components for defense applications. This segment also converts or downblends high-enriched uranium into low-enriched fuel for use in commercial reactors to generate electricity.

The Technical Services segment provides uranium processing, environmental site restoration services, and management and operating services to support governments in the operation of complex facilities and environmental remediation activities. The Nuclear Energy segment designs, licenses, manufactures, and delivers commercial nuclear steam generators, pressure vessels, reactor components, heat exchangers, and other auxiliary equipment, including containers for the storage of spent nuclear fuel. This segment also offers engineering and licensing services for new nuclear plant designs; services for steam generators and balance of plant equipment; and nondestructive examination and tooling/repair solutions for other plant systems and components. The company was formerly known as The Babcock & Wilcox Company and changed its name to BWX Technologies, Inc. in June 2015. BWX Technologies, Inc. was founded in 1867 and is based in Lynchburg, Virginia.

The post BWX Technologies Wins $241.5 Mln Contract For Highly Enriched Uranium Downblending Services (NYSE:BWXT) appeared first on Sonoran Weekly Review.

The stock is up 0.72% or $0.03 after the news, hitting $4.18 per share. About 102,852 shares traded hands. Hill International Inc (NYSE:HIL) has risen 13.39% since September 15, 2015 and is uptrending. It has outperformed by 7.10% the S&P500.

Hill International, Inc. provides program management, project management, construction management, construction claims, and other consulting services primarily for the buildings, transportation, environmental, energy, and industrial markets worldwide. It operates in two segments, Project Management Group and Construction Claims Group. The Project Management Group segment offers program management, project management, construction management, project management oversight, troubled project turnaround, staff augmentation, project labor agreement consulting, commissioning, estimating and cost management, and labor compliance and facilities management services.

This segment manages various phases of the construction process for construction owners, which include cost and budget controls, scheduling, estimating, expediting, inspection, contract administration, and management of contractors, subcontractors, and suppliers. The Construction Claims Group segment provides claims consulting, management consulting, litigation support, expert witness testimony, cost/damages assessment, delay/disruption analysis, adjudication, lender advisory, risk management, forensic accounting, fraud investigation, and project neutral and international arbitration services. This segment advises clients for preventing or resolving claims and disputes based upon schedule delays, cost overruns, and other problems on construction projects. The company primarily serves the United States and other national governments, state and local governments, foreign governments, and the private sector customers. Hill International, Inc. was founded in 1976 and is headquartered in Philadelphia, Pennsylvania.

The post Hill International’s Joint Venture Receives 2-Yr, $20 Mln Contract From NYC School Construction Authority (NYSE:HIL) appeared first on Sonoran Weekly Review.