LONDON, UK / ACCESSWIRE / July 15, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Oil & Gas Equipment & Services industry. Companies recently under review include Weatherford Intl., Halliburton, Schlumberger, and National Oilwell Varco. See our complete notes on Weatherford Intl. at:

http://www.activewallst.com/registration-3/?symbol=WFT

Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.

Oil and Gas Equipment and Services equities are aggressively transforming their business models as oil prices continue to fluctuate. Let us see how this is affecting some of the big names in the industry. Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

Weatherford International PLC (NYSE: WFT)

Baar, Switzerland headquartered Weatherford International PLC’s shares rose 1.87% and finished Thursday’s trading session at $5.98. A total volume of 13.86 million shares was traded. The stock is trading above its 50-day moving average by 1.93%. Moreover, shares of Weatherford International, which together with its subsidiaries, operates as a multinational oilfield service company globally, have a Relative Strength Index (RSI) of 54.02.

On July 01, 2016, Weatherford International announced the final results and expiration of the previously announced offers by Weatherford International Ltd., a Bermuda exempted company (“Weatherford Bermuda”), and Weatherford International, LLC, a Delaware limited liability company(“Weatherford Delaware”), wholly owned subsidiary of Weatherford International PLC to purchase for cash Weatherford Delaware’s 6.35% senior notes due 2017 and Weatherford Bermuda’s 6.00% senior notes due 2018, 9.625% senior notes due 2019 and 5.125% senior notes due 2020 for a maximum aggregate purchase price of up to $2.6 billion.

Halliburton Co. (NYSE: HAL)

On Thursday, shares in Houston, Texas-based Halliburton Co. recorded a trading volume of 6.79 million shares, and ended the session 1.33% higher at $45.81. The stock has gained 4.14% in the last one month, 19.87% over the previous three months, and 35.89% since the start of this year. The Company’s shares are trading 7.19% and 23.06% above their 50-day and 200-day moving averages, respectively. Furthermore, shares of Halliburton, which provides a range of services and products to the upstream oil and natural gas industry globally, have an RSI of 58.06.

On July 14, 2016, Halliburton announced that William E. Albrecht has been named to the company’s board of directors effective July 12, 2016. The board also declared a 2016 third quarter dividend of $0.18 per share payable on September 28, 2016, to stockholders of record at the close of business on September 7, 2016. Register for free and access the notes on HAL at: http://www.activewallst.com/registration-3/?symbol=HAL.

Schlumberger Ltd (NYSE: SLB)

Shares in Paris, France-based Schlumberger Ltd. closed the day at $79.10, climbing 0.28%. The stock recorded a trading volume of 3.82 million shares. The Company’s shares have gained 2.12% in the last one month, 3.18% over the previous three months, and 14.97% on an YTD basis. The stock is trading 3.21% above its 50-day moving average and 7.82% above its 200-day moving average. Additionally, shares of Schlumberger, which supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industry globally, have an RSI of 55.70. SLB free note is just a click away at: http://www.activewallst.com/registration-3/?symbol=SLB.

National Oilwell Varco Inc. (NYSE: NOV)

At the closing bell yesterday, shares in Houston, Texas headquartered National Oilwell Varco Inc. ended 1.08% higher at $33.74 and with a total volume of 2.15 million shares traded. The stock has advanced 17.27% in the previous three months and 2.38% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 1.49% and 2.46%, respectively. Furthermore, shares of National Oilwell Varco, which designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry globally, have an RSI of 51.75.

On July 07, 2016 National Oilwell Varco, Inc. and GE Oil & Gas a unit of General Electric announced the execution of an agreement to collaborate on delivering integrated solutions for Floating Production Storage and Offloading vessels. Sign up and access your free note on NOV at: http://www.activewallst.com/registration-3/?symbol=NOV.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
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Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 442417

LONDON, UK / ACCESSWIRE / July 15, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Foreign Money Center Banks industry. Companies recently under review include Barclays, Banco Santander, Lloyds Banking, and Credit Suisse. See our complete notes on Barclays at:

http://www.activewallst.com/registration-3/?symbol=BCS

Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.

The Foreign Money Center Banking industry moved up 2.1% by 10:30 am on Thursday. Banks in this space are involved in borrowing and lending activities with large firms, smaller financial institutions, and governments. Let us see how the current market environment is affecting some of the big names in the industry. Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

Barclays PLC (NYSE: BCS)

London, the U.K. headquartered Barclays PLC’s shares jumped 3.08%, closing Thursday’s trading session at $8.02. The stock recorded a trading volume of 20.52 million shares, which was above their three months and average volume of 11.05 million shares. The Company’s shares are trading 14.23% below their 50-day moving average. Additionally, shares of Barclays, which through its subsidiaries, provides various financial products and services globally, have a Relative Strength Index (RSI) of 45.63.

On July 07, 2016, Tony Whittemore joined Barclays as executive chairman of mergers and acquisitions in New York as reported by Reuters. Whittemore was most recently co-head of Americas M&A at Deutsche Bank.

Banco Santander S.A. (NYSE: SAN)

On Thursday, shares in Madrid, Spain headquartered Banco Santander S.A. recorded a trading volume of 8.00 million shares. The stock edged 3.15% higher, ending the day at $4.26. The Company’s shares have advanced 4.16% in the last month. The stock is trading below its 50-day moving average by 3.04%. Furthermore, shares of Banco Santander, which together with its subsidiaries, provide various retail and commercial banking products and services for individual and corporate clients, have an RSI of 53.55.

Banco Santander S.A. named former JPMorgan executive Blythe Masters its senior blockchain adviser. Blockchain, or distributed ledger technology, creates a shared database in which participants can trace every transaction ever conducted. Banco Santander is one of several banks investing in this sector to avoid being left behind by fintech start-ups. The complimentary notes on SAN can be accessed at: http://www.activewallst.com/registration-3/?symbol=SAN.

Lloyds Banking Group PLC (NYSE: LYG)

London, the U.K. headquartered Lloyds Banking Group PLC’s stock finished the day 2.01% higher at $3.05. A total volume of 9.42 million shares was traded, which was above their three months average volume of 8.54 million shares. The Company’s shares are trading below their 50-day moving average by 18.02%. Additionally, shares of Lloyds Banking Group, which provides banking and financial services to individual and business customers in the U.K. and globally, have an RSI of 43.85.

On June 29, 2016, Bloomberg reported that Lloyds Banking Group will eliminate about 640 jobs and close 23 branches as part of a cost-cutting program that started in October 2014. The cuts are part of the plan to pare about 9,000 roles by 2017. The job losses are in divisions such as consumer banking, retail wealth management, and technology operations, with the bank seeking to redeploy some people in other positions. The bank is creating about 115 new jobs as part of the changes. Register for free and access the notes on LYG at: http://www.activewallst.com/registration-3/?symbol=LYG.

Credit Suisse Group AG (NYSE: CS)

Shares in Zurich, Switzerland-based Credit Suisse Group AG ended yesterday’s session 3.77% higher at $11.28. The stock recorded a trading volume of 6.49 million shares, which was above their three months average volume of 5.08 million shares. The Company’s shares are trading 10.38% below their 50-day moving average. Moreover, shares in Credit Suisse Group, which together with its subsidiaries, provide various financial services globally, have an RSI of 47.69.

On July 05, 2016 Reuters reported that Credit Suisse is merging its fixed income and equities divisions in Asia Pacific, as the Swiss bank overhauls its global markets businesses. Credit Suisse has announced in March 2016 the reduction of an additional 800 million Swiss francs off costs and the cut of 2,000 more jobs from its global markets division, bringing the total to 6,000 job losses. CS free note is just a click away at: http://www.activewallst.com/registration-3/?symbol=CS.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 442419

LONDON, UK / ACCESSWIRE / July 15, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Consumer Goods sector. Companies recently under review include Goodyear Tire & Rubber, Trinseo, Callaway Golf, and Cooper Tire & Rubber. See our complete notes on Goodyear Tire & Rubber at:

http://www.activewallst.com/registration-3/?symbol=GT

Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.

As a result of competition, technology advancement, regulations, and consumer changing patterns, businesses in the Consumer Goods space are taking extra steps to promote activities and growth. Overall, industry outlook remains positive, and a score of strong players continue to perform and impress. Let us see how these factors are affecting some of the big names in the industry. Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

The Goodyear Tire & Rubber Co. (NASDAQ: GT)

Akron, Ohio headquartered The Goodyear Tire & Rubber Co.’s stock finished Thursday’s session 0.23% higher at $26.64. A total volume of 3.40 million shares was traded, which was above their three months average volume of 3.37 million shares. The Company’s shares have advanced 0.15% in the past month. The stock is trading below its 50-day moving average by 1.59%. Furthermore, shares of Goodyear Tire & Rubber, which together with its subsidiaries, develops, manufactures, markets, and distributes tires, and related products and services, have a Relative Strength Index (RSI) of 51.36.

On June 24, 2016, Goodyear Tire & Rubber announced a new extension to that support pledging a $100,000 donation to Support Our Troops®, a nonprofit nationwide organization that works to bolster the morale and well-being of America’s troops and their families. Additionally, Goodyear Tire & Rubber and Walmart, another significant military supporter, will ask consumers to nominate a deserving military member or their family members for a chance to win a new set of Goodyear tires and a coveted NASCAR® experience.

Trinseo S.A. (NYSE: TSE)

On Thursday, shares in Berwyn, Pennsylvania headquartered materials company, Trinseo S.A., ended the session at $49.78, up 2.39%. The stock recorded a trading volume of 606,690 shares. The Company’s shares have gained 6.32% in the last one month, 25.96% over the previous three months, and 77.77% since the start of this year. The stock is trading 9.92% above its 50-day moving average and 46.29% above its 200-day moving average. Moreover, shares of Trinseo, which manufactures and markets synthetic rubber, latex, and plastic products in Europe, the Middle East, North America, Latin America, and the Asia Pacific, have an RSI of 65.78.

On June 22, 2016, Trinseo announced a share repurchase program of up to $100 million. Trinseo’s previous share repurchase program was completed in the second quarter of 2016 with the repurchase of about 752,000 shares through open market purchases. The company also announced a dividend of $0.30 per share, payable on July 20, 2016, to shareholders of record as of the close of business on July 6, 2016.The complimentary note on TSE can be accessed at: http://www.activewallst.com/registration-3/?symbol=TSE.

Callaway Golf Co. (NYSE: ELY)

Carlsbad, California-based Callaway Golf Co.’s stock ended yesterday’s session 0.10% lower at $10.46 with a total volume of 323,711 shares traded. The Company’s shares have advanced 3.56% in the past month; 13.08% in the previous three months; and 11.29% since the start of this year. The stock is trading 5.52% above its 50-day moving average and 11.82% above its 200-day moving average. Additionally, shares of Callaway Golf , which together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories, have an RSI of 59.15.

On June 30, 2016 Callaway Golf Company announced that its Tokyo-based Japanese subsidiary, Callaway Golf K.K., completed the previously announced joint venture with its long-time licensee, TSI Groove & Sports Co, Ltd., a premier apparel manufacturer in Japan. Effective July 01, 2016, the new venture, Callaway Apparel K.K., will design, manufacture and sell Callaway branded apparel, footwear and headwear in Japan. Register for free and access the latest notes on ELY at: http://www.activewallst.com/registration-3/?symbol=ELY.

Cooper Tire & Rubber Co. (NYSE: CTB)

At the close on Thursday, shares in Findlay, Ohio headquartered Cooper Tire & Rubber Co. recorded a trading volume of 594,810 shares. The stock finished 0.75% higher at $31.03. The Company’s shares have gained 1.11% in the last one month. The stock is trading below its 50-day moving average by 0.94%. Furthermore, shares of Cooper Tire & Rubber, which together with its subsidiaries, manufactures and markets replacement tires globally, have an RSI of 52.38.

On July 01, 2016, Cooper Tire & Rubber unveiled the Cooper Zeon RS3-G1, a new all-season passenger car tire for high performance vehicles and drivers. The note on CTB is available for free at: http://www.activewallst.com/registration-3/?symbol=CTB.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 442428

LONDON, UK / ACCESSWIRE / July 15, 2016 / Active Wall St. announces its post-earnings coverage on JPMorgan Chase & Co (NYSE: JPM). The money center bank announced its Q2 FY 2016 financial results on July 14, 2016. The largest U.S. bank by assets kicked off the banking industry earnings season with stronger than expected earnings result as fixed-income trading revenue and loan climbed, underlying strength in the U.S. economy. Register with us now for your free membership at:

http://www.activewallst.com/register/

Today, AWS is promoting its earnings coverage on JPM Get all of our free coverage by signing up to http://www.activewallst.com/registration-3/?symbol=JPM.

Earnings Reviewed

For the period ending June 30, 2016, JPMorgan reported net income of $6.2 billion, or $1.55 per share, from $6.29 billion, or $1.54, in the year ago period. Excluding accounting adjustment and a legal benefit, earnings came at $1.46 per share, $0.3 higher than analysts’ estimate. The bank surprised many by posting a modest increase in revenue, fueled in part by strong trading activity, as well as loan growth. Revenue climbed 2.8% to $25.2 billion, beating the $24.5 billion market expectation. A majority of the bank’s revenue gain in Q2 FY16 came from trading bonds and currencies, which rose 35%, pushing total trading revenue up to $5.56 billion from $4.51 billion in Q2 FY15.

For Q2 FY16, earnings at the corporate and investment bank, climbed 6.5% to $2.49 billion as revenue rose 5.1% as compared to Q2 FY15. Investment banking revenue declined 15% to $1.5 billion on lower equity-underwriting fees. The bank’s return on equity for Q2 FY16 was 10%. Non-interest expenses declined 6% to $13.6 billion on expense reduction and lower legal bills.

Lending Grows in Improving Economy

JPMorgan said that it was experiencing broad demand for loans from consumers and businesses in the U.S. The bank reported that average core loans increased 16% on y-o-y basis. The New York headquartered bank has expanded its loan book by double digits, for three straight quarters, its best run since 2009. JPMorgan’s loan portfolio, excluding allowances for bad loans, grew to $858.6 billion, the largest in the bank’s history.

Brexit

Industry experts were keenly watching Banks’ comments about Brexit amid concerns that the June 23 referendum could hamper growth in the U.K. and Europe, put further downward pressure on interest rates, and cause costly disruptions in London’s financial industry, where big banks like J.P. Morgan have their European headquarters. Bank’s stocks plummeted after the vote and yields on 10-year Treasury notes plunged to a record.

JPMorgan’s CFO, Marianne Lake, stated that the bank views Brexit as a political and economic challenge but not a financial crisis. Ms. Lake further added that the company would decide on any moves only after the exact terms of Britain’s exit had been negotiated. The company’s CEO, James Dimon, noted that the bank plans to keep serving clients across Europe, even if it becomes more expensive and urged politicians in the U.K. and Europe to be “sensible” in their negotiations.

Increase in Headcount

JPMorgan’s headcount rose in Q2 FY16, a reversal of recent trends at the bank. The bank also reported a small increase in compensation. On July 12, 2016, Mr. Dimon, wrote an article in The New York Times announcing that the bank would be giving pay raises to its lowest-salaried employees. Mr. Dimon attributed the move on his optimistic outlook and to allow the banks employees to share in the economic growth. A majority of banks had reduced headcount once again in Q1 FY16 to offset the drop in capital markets and trading that have impacted their top lines.

Share Repurchase and Dividend

JPMorgan returned $4.4 billion to its shareholders in Q2 FY16 in the form of $2.6 billion of net repurchases of its shares and common dividend of $0.48 per share.

Stock Performance

Signs of growth in JPMorgan, the first of the big banks to announce its earnings results for this quarter, appeared to have pleased investors. JPMorgan’s share gained 1.52% to close at $64.12 with a trading volume of 28.91 million shares. The bank’s stock has gained 4.09% in the past one month and 3.24% in the previous three months.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 442418

LONDON, UK / ACCESSWIRE / July 15, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Diversified Communication Services industry. Companies recently under review include Crown Castle Intl., Level 3 Communications, ORBCOMM, and Intelsat. See our complete notes on Crown Castle Intl. at:

http://www.activewallst.com/registration-3/?symbol=CCI

Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.

The Diversified Communication Services industry provides communication technologies and this space specializes in a wide range of services. Let us see how the current market conditions are impacting some of the big names in the industry. Register with us now for your free membership and more at:

http://www.activewallst.com/register/

Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

Crown Castle International Corp. (NYSE: CCI)

At the close on Thursday, shares in Houston, Texas headquartered Crown Castle International Corp. saw a slight decline of 0.33%, ending the day at $99.47. The stock recorded a trading volume of 1.55 million shares. The Company’s shares have advanced 7.22% in the last one month, 15.21% over the previous three months, and 17.38% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.45% and 15.93%, respectively. Moreover, shares of Crown Castle International, which together with its subsidiaries, owns, operates, and leases shared wireless infrastructure in the U.S. and Australia, have a Relative Strength Index (RSI) of 60.45.

On June 29, 2016 Crown Castle International Corp. announced quarterly dividend for its 4.50% Mandatory Convertible Preferred Stock which will be paid on August 1, 2016 to holders of record on July 15, 2016. The dividend will be paid in cash at a rate of $1.125 per share of Preferred Stock. Register now and access free notes on CCI at: http://www.activewallst.com/registration-3/?symbol=CCI.

Level 3 Communications Inc. (NYSE: LVLT)

Shares in Broomfield, Colorado headquartered Level 3 Communications Inc. ended the day 0.44% higher at $56.55. A total volume of 2.30 million shares was traded, which was above their three months average volume of 1.90 million shares. In the last month and the previous three months, the stock has gained 10.54% and 6.26%, respectively. Moreover, the Company’s shares have advanced 4.03% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.63% and 11.87%, respectively. Furthermore, shares of Level 3 Communications, which together with its subsidiaries, operate as a facilities-based provider of a range of integrated communications services, have an RSI of 69.11. Visit us today and activate your complimentary notes on LVLT at: http://www.activewallst.com/registration-3/?symbol=LVLT.

ORBCOMM Inc. (NASDAQ: ORBC)

On Thursday, shares in Rochelle Park, New Jersey headquartered ORBCOMM Inc. finished 2.90% lower at $10.37 with a volume of 301,215 shares traded. The stock has surged 15.22% in the last one month, 2.07% over the previous three months, and 43.23% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 8.36% and 27.73%, respectively. Additionally, shares of ORBCOMM, which provides machine-to-machine and Internet of things solutions in the U.S., South America, Japan, Europe, and globally, have an RSI of 60.61.

On June 15, 2016, ORBCOMM Inc. announced that it has received the 2016 IoT Innovations Award from Connected World magazine for its ORBCOMMconnect multi-network management portal. The ORBCOMMconnect portal gives customers comprehensive control over their wireless services and connected devices, while reducing the complexity of managing and integrating multiple connectivity offerings. With ORBCOMMconnect, customers have access to three satellite and seven Tier One cellular networks in a single platform. The note on ORBC is available for free at: http://www.activewallst.com/registration-3/?symbol=ORBC.

Intelsat S.A. (NYSE: I)

Luxembourg headquartered Intelsat S.A.’s shares recorded a trading volume of 278,680 shares at the end of yesterday’s session and closed the day flat at $2.69. The stock has advanced 11.62% in the last one month. The Company’s shares are trading below their 50-day moving average by 11.86%. Additionally, shares of Intelsat, through its subsidiaries, provides satellite communications services globally, have an RSI at 49.40.

On July 01, 2016, Intelsat S.A., announced that its subsidiary, Intelsat Jackson Holdings S.A., completed the issuance of $490 million aggregate principal amount of 9.50% senior secured notes due 2022 at an issue price of 98%. Complimentary note on I is accessible at: http://www.activewallst.com/registration-3/?.symbol=I.

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SOURCE: Active Wall Street

ReleaseID: 442424

Shareholders who wish to discuss this action and their legal options are encouraged to contact Kessler Topaz Meltzer & Check, LLP (Darren J. Check, Esq., D. Seamus Kaskela, Esq. or Adrienne O. Bell, Esq.) at (888) 299-7706 or at info@ktmc.com.

Halyard
shareholders who purchased or acquired their securities during the Class Period
may, no later than August 29, 2016,
petition the Court to be appointed as a lead plaintiff representative of the
class. For additional information please
visit https://www.ktmc.com/new-cases/halyard-health-inc#join.

Halyard provides health and healthcare supplies and solutions worldwide. Prior to October 2014, Halyard was the Health Care operating segment of Kimberly-Clark, a manufacturer of personal care, consumer tissue, and professional products. In October 2014, Halyard was spun out of Kimberly-Clark, with Kimberly-Clark shareholders receiving one share of Halyard stock for every eight shares of Kimberly-Clark stock they owned as of October 23, 2014.

The complaint alleges that throughout the Class Period the defendants made materially false and misleading statements about Halyard’s business, operations and compliance policies. Specifically, the complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose that: (i) Halyard’s MICROCOOL surgical gowns consistently failed effectiveness tests and failed to meet industry standards; (ii) Kimberly-Clark and Halyard knowingly provided defective MICROCOOL surgical gowns to U.S. workers during the Ebola crisis; and (iii) as a result of the foregoing, the defendants’ public statements were materially false and misleading at all relevant times.

According to the complaint, on May 1, 2016, 60 Minutes reported that Kimberly-Clark and Halyard knowingly provided defective surgical gowns to U.S. workers at the height of the Ebola crisis. As reported, a Halyard insider claimed that although Halyard’s MICROCOOL surgical gowns were prone to leaks and did not consistently meet the industry safety standards for the treatment of Ebola, Kimberly-Clark and Halyard nonetheless “aggressively” marketed the MICROCOOL gowns to hospitals during the Ebola epidemic.

Following this news, shares of Halyard’s stock declined $1.21 per share, or 4.3%, to close on May 2, 2016 at $26.95 per share, on heavy trading volume.

Halyard shareholders may, no
later than August 29, 2016, petition the Court to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class in the action. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country. Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check. For more information about Kessler Topaz Meltzer & Check, or for additional information about participating in this action, please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Darren J. Check, Esq.
D. Seamus Kaskela, Esq.
Adrienne O. Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(888) 299-7706
(610) 667-7706 
info@ktmc.com

SOURCE: Kessler Topaz Meltzer & Check, LLP 

ReleaseID: 442394

SANTIAGO, CHILE / ACCESSWIRE / July 15, 2016 / Cencosud S.A. (NYSE: CNCO, BCS: Cencosud) (“Cencosud” or the “Company”) announced today the pricing on July 14, 2016 of the previously announced public secondary offering, in which Inversiones Tano Limitada (the “Selling Shareholder”) offered 170,551,251 shares of the Company’s common stock, representing 6% of Cencosud’s total outstanding common stock, including in the form of American Depositary Shares (“ADSs”). The price to the public is Ch$1,750.00 per share or U.S.$8.07 per ADS. Each ADS represents three shares of common stock of Cencosud. 14,905,977 shares were allocated in the United States and elsewhere outside of Chile in the form of ADSs (the “International Offering”) and 155,645,274 shares were allocated in Chile in the form of common stock (the “Chilean offering” and, together with the International Offering, the “Global Offering”).

The Global Offering is expected to close on or around July 19, 2016, subject to customary closing conditions. Cencosud will not receive any proceeds from the sale of the shares of common stock or the ADSs in the Global Offering. The Selling Shareholder is controlled by the Paulmann Family, who will continue to be the controlling shareholders of Cencosud following the Global Offering.

J.P. Morgan Securities LLC and Credicorp Capital S.A. Corredores de Bolsa are acting as global coordinators in the Global Offering, with J.P. Morgan Securities LLC acting as sole book-running manager in the International Offering and Credicorp Capital S.A. Corredores de Bolsa and J.P. Morgan Corredores de Bolsa SpA acting as Chilean placement agents in the Chilean Offering.

The International Offering was conducted pursuant to an effective registration statement that was filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 11, 2016. The final prospectus related to the International Offering, when available, can be found on the SEC’s website at http://www.sec.gov. Alternatively, copies of the final prospectus, when available, may be obtained by contacting J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Phone: 631-254-1735.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Investor Relations Contact

Marisol Fernandez
Mariasoledad.fernandez@cencosud.cl
+562 2959 0545

Natalia Nacif
Natalia.nacif@cencosud.cl
+562 2959 0368

Valentina Klein
Valentina.klein@cencosud.cl
+562 2200 4395

About Cencosud S.A.

Cencosud is a leading multi-brand retailer in South America, headquartered in Chile and with operations in Chile, Brazil, Argentina, Peru and Colombia. The Company operates in supermarkets, home improvement stores, shopping centers and department stores. In 2012, the company listed American Depositary Receipts on the New York Stock Exchange.

SOURCE: Cencosud S.A.

ReleaseID: 442431