LONDON, UK / ACCESSWIRE / October 31, 2016 / Active Wall St. announces its post-earnings coverage on Moody’s Corp. (NYSE: MCO). The company reported its financial results for the third quarter fiscal 2016 (Q3 FY16) on October 21, 2016. The New York-based company reported a 10.0% and 15.0% y-o-y growth in its quarterly revenue and GAAP earnings per share, respectively; thus beating market consensus estimates. Register with us now for your free membership at: http://www.activewallst.com/register/.

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

Earnings Reviewed

During the three months ended on September 30, 2016, Moody’s reported GAAP revenues of $917.1 million, up from $834.9 million recorded at the end of Q3 FY15. GAAP revenues numbers for the reported quarter outperformed market expectations of $883.7 million. The improved Q3 FY16 revenues was due to record third quarter revenue from Investor Service segment, which was driven by higher leverage finance issuance in U.S. public finance plant activity along with a solid growth for Moody’s Analytics segment.

The credit rating company reported GAAP net income of $255.3 million, or $1.31 per diluted share, in Q3 FY16, which was above $231.6 million, or $1.14 per diluted share, in Q3 FY15. Furthermore, the company’s non-GAAP net income for Q3 FY16 came in at $1.34 per diluted share compared to $1.11 per diluted share in Q3 FY15. Market analysts had forecasted adjusted earnings of $1.18 per diluted share for Q3 FY16.

Operating Metrics

For the quarter ended on September 30, 2016, the financial research company reported operating income margin of $397.5 million, or 43.3% on revenue, compared to $349.7 million, or 41.9% of revenue, in the prior year’s quarter. Furthermore, Moody’s total expense came in at $519.6 million in Q3 FY16, up 7% y-o-y, primarily attributable to increased headcount in Moody’s Analytics to support business growth. In Q3 FY16, foreign currency translation had a positive impact on expense of 2%.

Segment Performance

During Q3 FY16, Moody’s Investors Service revenue grew 12% y-o-y to $612.3 million from $548.1 million in the year ago period. The segment’s US revenue came in at $391.3 million, up 11%, while its non-US revenue was $221.0 million, up 13%.

Moody’s Analytics global revenue for Q3 FY16 came in at $304.8 million, which was 6.0% higher than the last year’s recorded revenues numbers of $286.8 million. The division’s US revenue for Q3 FY15 was $154.4 million, up 19% y-o-y; whereas non-US revenue fell 4% y-o-y to $150.4 million. In the reported quarter, foreign currency translation had an unfavorable impact on segment revenues by 3%.

Cash Flow and Balance Sheet

Moody’s reported net cash flows from operating activities of $856.6 million in the first nine months of fiscal 2016, which was below $893.5 million in the year ago period. The company’s free cash flow for the nine months ended September 30, 2016 was $771.8 million compared to $827.6 million in the prior year’s comparable quarter.

As on September 30, the company had cash and cash equivalents balance of $1.75 billion compared to $1.76 billion at the close of books on December 31, 2015. Furthermore, the company ended the quarter with total debt of $3.42 billion, up from $3.38 billion as on December 31, 2015.

Dividend and Repurchase

In a separate press release on October 18, 2016, Moody’s Board of Directors declared a regular quarterly dividend of $0.37 per share. The dividend will be payable on December 12, 2016, to stockholders of record at the close of business on November 21, 2016.

During Q3 FY16, the company repurchased 1.9 million shares worth $193.0 million at an average price of $103.00 per share. The company intends to complete repurchase of share worth approximately $750 million by the fiscal year ending December 31, 2016. Furthermore, Moody’s issued 0.8 million shares as part of its employee stock-based compensation plans in the reported quarter.

Guidance

In its guidance for full year FY16, Moody’s expects total revenue to rise in the low-single-digit percent range. The company increased its FY16 GAAP EPS guidance to the range of $4.76 to $4.86 from previously provide range of $4.70 to $4.80. The non-GAAP EPS forecast was update to the range of $4.62 to $4.72 from the September 28, 2016 guidance range of $4.55 to $4.65. Furthermore, the company expects free cash for FY16 to be approximately $1 billion.

Stock Performance

Moody’s share price finished yesterday’s trading session at $101.17, falling 0.97%. A total volume of 814.93 thousand shares exchanged hands. The stock has advanced 6.17% in the last six months and 2.04% YTD. The stock is trading at a PE ratio of 21.80 and has a dividend yield of 1.46%. Shares of the company currently have a market cap of $19.47 billion.

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.

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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.

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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

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LONDON, UK / ACCESSWIRE / October 31, 2016 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Computer Hardware industry. Companies recently under review include Celestica, International Road Dynamics, Electrovaya, and D-Box Technologies. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

At the close of the Canadian markets on Friday, October 28, 2016, the Toronto Exchange Composite index ended the trading session at 14,785.29, 0.33% lower from its previous closing price.

The Info Tech Index was in the black, closing the day at 54.91, up 0.37%.

Active Wall St. has initiated research reports on the following equities: Celestica Inc. (TSX: CLS), International Road Dynamics Inc. (TSX: IRD), Electrovaya Inc. (TSX: EFL), and D-Box Technologies Inc. (TSX: DBO). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

Celestica Inc.

On Friday, shares in Toronto, Canada headquartered Celestica Inc. ended the session 0.19% lower at $15.94 with a total volume of 198,764 shares traded. Celestica’s shares have gained 13.37% in the last one month, 10.24% in the previous three months, and 8.73% in the past one year. The stock is trading above its 50-day and 200-day moving averages. Further, the company’s 50-day moving average of $14.19 is greater than its 200-day moving average of $13.68. Shares of Celestica, which provides supply chain solutions to customers in the communications, consumer, aerospace and defense, industrial, healthcare, energy, semiconductor equipment, servers, and storage end markets in the Americas, Asia, and Europe, are trading at a PE ratio of 18.20. See our research report on CLS.TO at: http://www.activewallst.com/registration-3/?symbol=CLS.

International Road Dynamics Inc.

On Friday, shares in Saskatoon, Canada headquartered International Road Dynamics Inc. recorded a trading volume of 57,000 shares, which was higher than their three months average volume of 39,901 shares. The stock ended the day 2.98% higher at $2.42. International Road Dynamics’ stock has gained 2.11% in the last one month and 28.72% in the previous three months. Furthermore, the stock has rallied 95.16% in the past one year. The Company is trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $2.30 is above its 200-day moving average of $1.90. Shares of the Company, which operates as a highway traffic management products and systems technology company worldwide, are trading at PE ratio of 12.10. The complimentary research report on IRD.TO at: http://www.activewallst.com/registration-3/?symbol=IRD.

Electrovaya Inc.

Mississauga, Canada headquartered Electrovaya Inc.’s stock edged 0.98% higher, to finish Friday’s session at $3.10 with a total volume of 82,304 shares traded. Shares of Electrovaya, which together with its subsidiaries, designs, develops, and manufactures batteries, battery systems, and battery-related products for the clean electric transportation, utility scale energy storage, smart grid power, consumer, and healthcare markets in Canada, Germany, Norway, and internationally, have rallied 362.69% in the past one year. The Company’s shares are trading above its 200-day moving average. Electrovaya’s 50-day moving average of $3.25 is above its 200-day moving average of $2.68. Register for free and access the latest research report on EFL.TO at: http://www.activewallst.com/registration-3/?symbol=EFL.

D-Box Technologies Inc.

Longueuil, Canada headquartered D-Box Technologies Inc.’s stock closed the day flat at $0.59. The stock recorded a trading volume of 47,040 shares. D-Box Technologies’ shares have rallied 96.67% in the previous one year. Shares of the company, which designs, manufactures, and commercializes motion systems for the entertainment and industrial markets worldwide, are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of $0.63 is greater than its 50-day moving average of $0.62. Get free access to your research report on DBO.TO at: http://www.activewallst.com/registration-3/?symbol=DBO.

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:

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

SOURCE: Active Wall Street

ReleaseID: 447955

LONDON, UK / ACCESSWIRE / October 31, 2016 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Drug Manufacturers industry. Companies recently under review include Valeant Pharma, Merus Labs, Knight Therapeutics, and Canopy Growth. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

On Friday, October 28, 2016, at the end of trading session, the Toronto Exchange Composite index ended the day at 14,785.29, 0.33% lower, on a total volume of 324,515,999 shares.

Additionally, the Healthcare index was down by 1.27%, ending the session at 77.92.

Active Wall St. has initiated research reports on the following equities: Valeant Pharmaceuticals International Inc. (TSX: VRX), Merus Labs International Inc. (TSX: MSL), Knight Therapeutics Inc. (TSX: GUD), and Canopy Growth Corporation (TSX: CGC). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

Valeant Pharmaceuticals International Inc.

Laval, Canada headquartered Valeant Pharmaceuticals International Inc.’s stock declined 7.89%, to finish Friday’s session at $27.21 with a total volume of 1.96 million shares traded. Over the previous three months, Valeant Pharma’s shares have declined 6.43%. Shares of the Company, which develops, manufactures, and markets pharmaceuticals, over-the-counter products, and medical devices worldwide, are trading below its 50-day and 200-day moving averages. Valeant Pharma’s 200-day moving average of $34.14 is above its 50-day moving average of $32.19. See our research report on VRX.TO at: http://www.activewallst.com/registration-3/?symbol=VRX.

Merus Labs International Inc.

Toronto, Canada headquartered Merus Labs International Inc.’s stock dropped 2.31%, to close the day at $1.27. The stock recorded a trading volume of 177,919 shares. Merus Labs International’s shares have declined 2.31% in the last one month. Shares of the company, which engages in the acquisition of prescription medicines primarily in Canada and Europe, are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of $1.58 is greater than its 50-day moving average of $1.31. The complimentary research report on MSL.TO at: http://www.activewallst.com/registration-3/?symbol=MSL.

Knight Therapeutics Inc.

On Friday, shares in Westmount, Canada headquartered Knight Therapeutics Inc. ended the session 0.44% lower at $9.07 with a total volume of 72,226 shares traded. Knight Therapeutics’ shares have gained 6.83% in the previous three months and 16.43% in the past one year. The stock is trading above its 200-day moving average. Further, the company’s 50-day moving average of $9.22 is greater than its 50-day moving average of $8.55. Shares of Knight Therapeutics, which engages in developing, acquiring, in-licensing, out-licensing, marketing, and distributing pharmaceutical products, consumer health products, and medical devices in Canada and internationally, are trading at a PE ratio of 56.34. Register for free and access the latest research report on GUD.TO at: http://www.activewallst.com/registration-3/?symbol=GUD.

Canopy Growth Corp.

On Friday, shares in Smiths Falls, Canada headquartered Canopy Growth Corp. recorded a trading volume of 1.73 million shares. The stock ended the day 0.16% higher at $6.35. Canopy Growth’s stock has rallied 59.15% in the last one month and 101.59% in the previous one year. Shares of the Company, which through its subsidiaries, produces and sells medical marijuana in Canada, are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $5.01 is above its 200-day moving average of $4.41. Get free access to your research report on CGC.TO at: http://www.activewallst.com/registration-3/?symbol=CGC.

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: 447952

LONDON, UK / ACCESSWIRE / October 31, 2016 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the REITs industry. Companies recently under review include Pure Multi-Family REIT, Canadian REIT, Pro REIT, and Crombie REIT. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

On Friday, October 28, 2016, the TSX Venture Composite Index was up 0.09%, finishing the day at 775.87. The Toronto Exchange Composite Index, on the other hand, closed at 14,785.29, down 0.33%.

Active Wall St. has initiated research reports on the following equities: Pure Multi-Family REIT L.P. (TSX-V: RUF-UN), Canadian Real Estate Investment Trust (TSX: REF-UN), Pro Real Estate Investment Trust (TSX-V: PRV-UN), and Crombie Real Estate Investment Trust (TSX: CRR-UN). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

Pure Multi-Family REIT L.P.

Pure Multi-Family REIT L.P.’s stock edged 0.38% lower, to finish Friday’s session at $7.91 with a total volume of 14,898 shares traded. Over the last one month and the previous three months, Pure Multi-Family’s shares have advanced 0.38% and 3.13%, respectively. Furthermore, the stock has gained 11.57% in the past one year. Shares of the Company, which invests in multi-family real estate properties in the US, which offers investors exclusive exposure to U.S. multi-family real estate assets, are trading above its 50-day and 200-day moving averages. Pure Multi-Family REIT’s 50-day moving average of $7.90 is above its 200-day moving average of $7.64. See our research report on RUF-UN.V at: http://www.activewallst.com/registration-3/?symbol=RUF.U.

Canadian Real Estate Investment Trust

Toronto, Canada-based Canadian REIT’s stock edged 0.28% lower, to close the day at $45.90. The stock recorded a trading volume of 82,519 shares. Shares of Canadian REIT’s shares have advanced 7.77% in the previous one year. The company’s shares are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of $47.61 is greater than its 50-day moving average of $46.96. Shares of the Company, which operates as a closed-end real estate investment trust in Canada, are trading at a PE ratio of 15.98. The complimentary research report on REF-UN.TO at: http://www.activewallst.com/registration-3/?symbol=REF.UN.

Pro Real Estate Investment Trust

On Friday, shares in Montréal, Canada-based Pro REIT ended the session 1.42% lower at $2.09 with a total volume of 105,319 shares traded. Pro REIT’s shares have gained 11.76% in the past one year. The stock is trading below its 50-day and 200-day moving averages. Furthermore, the company’s 200-day moving average of $2.22 is greater than its 50-day moving average of $2.10. Shares of Pro REIT, which focuses on the acquisition, ownership, and operation of commercial real estate properties primarily in Maritimes, Quebec, and Ontario, Canada, are trading at a PE ratio of 12.22. Register for free and access the latest research report on PRV-UN.V at: http://www.activewallst.com/registration-3/?symbol=PRV.UN.

Crombie Real Estate Investment Trust

On Friday, shares in Stellarton, Canada-based Crombie REIT recorded a trading volume of 152,619 shares. The stock ended the day 0.73% lower at $13.51. Crombie REIT’s stock has advanced 4.00% in the past one year. The Company is trading below its 50-day and 200-day moving averages. The stock’s 200-day moving average of $14.82 is above its 50-day moving average of $14.18. Shares of the Company, which owns and manages commercial real estate properties in Atlantic Canada, are trading at PE ratio of 17.52. Get free access to your research report on CRR-UN.TO at: http://www.activewallst.com/registration-3/?symbol=CRR.UN.

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: 447954

LONDON, UK / ACCESSWIRE / October 31, 2016 / Active Wall St. announces its post-earnings coverage on Honeywell International Inc. Earnings (NYSE: HON). The company posted its financial results for the third quarter fiscal 2016 (Q3 FY16) on October 21, 2016. The Morris Plains, New Jersey-based company’s quarterly revenues inched up 2% y-o-y, beating market consensus estimates. Register with us now for your free membership at: http://www.activewallst.com/register/.

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

Earnings Reviewed

In Q3 FY16, Honeywell reported revenues of $9.80 billion, up from $9.61 billion recorded at the end of Q3 FY15. Total revenues numbers for the reported quarter outperformed market expectations of $9.77 billion. However, core organic sales were down 3% y-o-y. During the quarter, sales growth was led by process solutions, transportation systems and home and building technologies, partially offset by softness in business jets, defense and space, productivity solutions and UOP.

During the reported period, product sales grew to $7.74 billion from $7.57 billion recorded in the year ago period. Honeywell’s services sales improved marginally during the quarter to $2.06 billion from $2.04 billion in Q3 FY15.

The industrial conglomerate reported Q3 FY16 net income of $1.24 billion, or $1.60 per diluted share, compared to $1.26 billion, or $1.60 per diluted share, in Q3 FY15. The company’s adjusted earnings per share (EPS) of $1.67 (including 7 cents per share deployed in restructuring) beat market earnings estimates of $1.60 per diluted share.

Operating Metrics

For the three months ended on October 01, 2016, the company posted segment’s profit margin of $1.72 billion, or 17.5% on revenue, compared to $1.85 billion, or 19.3% of revenue, in the prior year’s quarter. The company’s operating income margin for Q3 FY16 came in at $1.53 billion, or 15.6% of revenues, versus $1.76 billion, or 18.3% of revenues, in Q3 FY15. The company attributed this decline in margins to the impact of OEM incentives, M&A integration costs, and the lower volumes partially offset by benefits from previously funded restructuring.

Segment Performance

During Q3 FY16, the company’s Aerospace segment’s revenue came in at $3.60 billion compared to $3.82 billion in the year ago period. The segment reported Q3 FY16 profit of $663 million compared to $833 billion in Q3 FY15. The Aerospace segment’s margins were down by 340 basis points to 18.5%, reflecting an increase in OEM incentives and lower volumes.

Honeywell’s Home and Building Technologies segment’s revenues were $2.70 billion in Q3 FY16, which were more than the last year’s recorded revenues of $2.31 billion. The segment’s reported operating profit was $441 million versus $408 billion in Q3 FY15. Performance Materials and Technologies segment reported revenues of $2.33 billion in Q3 FY16, up from $2.28 billion. The improvement was due to strong catalyst shipments and conversion of worldwide giant projects in Process Solutions. The segment had profit of $503 million compared to $474 million in the last year’s quarter.

The company’s Safety and Productivity Solutions segment revenues for Q3 FY16 were down 2% y-o-y to $1.17 billion. The segment’s sales fell as there were lower volumes of Safety and Productivity Solutions’ trade. The segment’s profit also fell to $172 million in Q3 FY16 from $193 million in the year ago quarter.

Cash Flow & Balance Sheet

For the three months ended on September 30, 2016, Honeywell generated $1.69 billion in cash from operations compared to $1.55 billion in the year ago quarter. The company free cash flow declined 10% y-o-y to $1.42 billion. The company had cash and cash equivalents balance of $6.43 billion compared to $5.46 billion at the close of books on December 31, 2015. Furthermore, the company ended the quarter with total debt of $9.61 billion compared to $5.55 billion as on December 31, 2015.

Dividend

On October 28, 2016, Honeywell’s Board of Directors approved a 12% increase in the company’s regular annual cash dividend rate. The company’s shareholders will now receive a quarterly cash dividend of $0.665 per common share, payable on December 09, 2016, to shareowners of record at the close of business on November 18, 2016.

Outlook

For full FY16, Honeywell expects revenues in the range of $39.4 billion to $39.6 billion, up 2%-3% y-o-y. Furthermore, the company anticipates core sales to decline in the range of 1%-2% y-o-y. The company’s management forecasts earnings to be in the range of $6.60–$6.64 per share for FY16, up 8%–9% y-o-y. Furthermore, the company’s segment’s margin and operating profit margin are expected to be in the range of 18.1% and 17.6%, respectively, for the year ended December 31, 2016.

Stock Performance

On Friday, October 28, 2016, Honeywell International’s shares were marginally down 0.92%, finishing the day at $109.83 with volume of 2.88 million shares exchanging hands by the close of the trading session. For the last twelve months, the stock has gained 9.04%. Furthermore, on a year to date basis, the stock advanced 7.75%. Shares of the company have a PE ratio of 17.16 and have a dividend yield of 2.17%.

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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.

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ReleaseID: 447963

LONDON, UK / ACCESSWIRE / October 31, 2016 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Engineering & Construction sector. Companies recently under review include WesternOne, SNC-Lavalin, Aecon, and WSP Global. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

At the close of the Canadian markets on Friday, October 28, 2016, the Toronto Exchange Composite index ended the trading session at 14,785.29, 0.33% lower from its previous closing price.

The Industrials Index was in the black, closing the day at 193.75, up 0.05%.

Active Wall St. has initiated research reports on the following equities: WesternOne Inc. (TSX: WEQ), SNC-Lavalin Group Inc. (TSX: SNC), Aecon Group Inc. (TSX: ARE), and WSP Global Inc. (TSX: WSP). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

WesternOne Inc.

Vancouver, Canada headquartered WesternOne Inc.’s stock advanced 8.33%, to finish Friday’s session at $0.06 with a total volume of 62,975 shares traded. Shares of WesternOne, which engages in the construction and infrastructure service businesses in Canada and the US, have gained 16.67% in the past one month. The Company’s shares are trading below its 200-day moving average. WesternOne’s 200-day moving average of $0.18 is above its 50-day moving average of $0.06. See our research report on WEQ.TO at: http://www.activewallst.com/registration-3/?symbol=WEQ.

SNC-Lavalin Group Inc.

Montreal, Canada headquartered SNC-Lavalin Group Inc.’s stock edged 0.93% lower, to close the day at $54.29. The stock recorded a trading volume of 290,170 shares. SNC-Lavalin’s shares have gained 6.24% in the last one month and 29.54% in the past one year. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $53.13 is greater than its 200-day moving average of $53.02. Shares of the Company, which provides engineering and construction, and operations and maintenance services worldwide, are trading at a PE ratio of 16.82. The complimentary research report on SNC.TO at: http://www.activewallst.com/registration-3/?symbol=SNC.

Aecon Group Inc.

On Friday, shares in Toronto, Canada headquartered Aecon Group Inc. ended the session 0.06% higher at $17.16 with a total volume of 158,590 shares traded. Aecon’s shares have gained 13.57% in the past one year. The stock is trading below its 50-day and 200-day moving averages. Further, the company’s 50-day moving average of $17.89 is greater than its 200-day moving average of $17.69. Shares of Bird Construction, which provides construction and infrastructure development services to private and public sector clients in Canada and internationally, are trading at a PE ratio of 17.75. Register for free and access the latest research report on ARE.TO at: http://www.activewallst.com/registration-3/?symbol=ARE.

WSP Global Inc.

On Friday, shares in Montreal, Canada headquartered WSP Global Inc. recorded a trading volume of 214,110 shares, which was higher than their three months average volume of 171,116 shares. The stock ended the day 0.02% lower at $43.59. WSP Global’s stock has gained 6.11% in the last one month and 11.37% in the previous three months. The Company is trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $41.84 is above its 200-day moving average of $41.39. Shares of the Company, which provides various professional services in the US, Canada, the UK, Sweden, Australia, China, South Africa, the UAE, Qatar, Singapore, Finland, and internationally, are trading at PE ratio of 29.37. Get free access to your research report on WSP.TO at: http://www.activewallst.com/registration-3/?symbol=WSP.

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/.

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SOURCE: Active Wall Street

ReleaseID: 447953

LONDON, UK / ACCESSWIRE / October 31, 2016 / Active Wall St. announces its post-earnings coverage on McDonald’s Corp. Earnings (NYSE: MCD). The company released its financial results for the third quarter fiscal 2016 (Q3 FY16) on October 21, 2016. The Oak Brook, Illinois-based company’s diluted earnings per share grew 7% y-o-y, thus outperforming market consensus estimates. Register with us now for your free membership at: http://www.activewallst.com/register/.

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

Earnings Reviewed

McDonald’s reported total revenue of $6.42 billion in Q3 FY16, which came in below $6.62 billion recorded in Q3 FY15. However, total revenue numbers topped Wall Street’s forecast of $6.28 billion. The company stated that quarterly performance reflected its sales-driven improvements made across all segments, led by results in the International Lead markets.

The global foodservice retailer’s net income came in at $1.28 billion, or $1.50 per diluted share, in Q3 FY16 from $1.31 billion, or $1.40 per diluted share, in Q3 FY15. The company’s net income also outperformed market expectations of $1.48 per diluted share. During the quarter, McDonald’s benefited from a stronger operating performance and higher gains on sales of restaurant businesses, partly offset by pre-tax restructuring and non-cash impairment charges amounting to $128 million.

The company’s diluted earnings per share, excluding the impact of current and prior year’s charges, increased 16% y-o-y, whereas diluted earnings per share growth was 17% y-o-y on constant currencies. Furthermore, foreign currency translation had a negative impact of $0.03 on the diluted earnings per share of the reported quarter.

McDonald’s President and Chief Executive Officer Steve Easterbrook said in the earnings release:

“Our third quarter results, including our fifth consecutive quarter of positive comparable sales across all segments as well as improved restaurant profitability, are a testament to the progress we are making to satisfy the needs of today’s dynamic customers.”

Operating-Metrics

In Q3 FY16, the company’s Global comparable sales improved 3.5%, reflecting positive comparable sales in all segments, meanwhile food-away-from-home inflation was about 2.5%. During the quarter, operating income improved 5% to $2.14 billion from $2.03 billion, in the year ago quarter. The company was able to reduce its total operating costs and expenses by 6% y-o-y during the quarter to $4.29 billion from $4.58 billion in the prior year’s quarter.

For quarter ended September 30, 2016, sales by company-operated restaurants came in at $3.97 billion compared to $4.28 billion in the last year’s quarter. Furthermore, revenues from franchised restaurants improved 5% y-o-y to $2.45 billion in the reported period from $2.33 billion in Q3 FY15.

Regional-Performance

In Q3 FY16, U.S. comparable sales were positive 1.3%. International Lead market segment comparable sales grew 3.3% y-o-y with positive growth from UK, Australia, Germany, and Canada, with the exception of France. In Q3 FY16, the company’s High Growth segment comparable sales improved 1.5% y-o-y with positive performance from Russia and most other markets, partially offset by negative comparable sales in China. Furthermore, comparable sales in Japan surged 17.7% y-o-y in the third quarter 2016 due to comprehensive turnaround plans to enhance modern restaurant experience.

The company’s operated margins grew to more than $730 million, representing an 11% rise on constant currencies basis. McDonald’s company-operated margins advanced 260 basis points as the U.S. and China markets lead overall improvement. Furthermore, company-operated margin percent grew 450 basis points, in the U.S., market 450 basis points in the reported quarter, primarily on positive comparable sales and a favorable commodity environment.

Dividend and Share Repurchase

In a separate press release on September 29, 2016, McDonald’s Board of Directors raised the quarterly cash dividend by 6% to $0.94 per share. The dividend will be paid on December 15, 2016 to all shareholders of record as of the close of business on December 1, 2016. Since, the company’s first dividend announcement in 1976, it has as raised its dividend each and every year and is the company’s 40th consecutive year of dividend hike.

During the quarter, the company returned $3.4 billion of cash to shareholders through share repurchases and dividends. The company has returned cash amounting to $27.8 billion till date against the targeted amount of $30 billion for the three-year period ending 2016.

Stock Performance

At the close of trading session on October 28, 2016, McDonald’s stock price was slightly up 0.02% to end the day at $112.10. A total volume of 3.3 million shares were exchanged during the session. The company’s share price has gained 2.61% in the past twelve month. The company’s shares are trading a PE ratio of 20.95 and have a dividend yield of 3.35%. The stock currently has a market cap of $96.18 billion.

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: 447959

VANCOUVER, BC / ACCESSWIRE / October 31, 2016 / Canarc Resource Corp. (“Company”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) provides an update on recent achievements in the 3rd quarter 2016 and its plans for the 4th quarter 2016 and going forward.

Since the closing of the sale of Oro Silver in the 2nd quarter for $10.5M, Canarc has focused its efforts on three key objectives as follows:

1.Acquire or option new gold-silver exploration projects with existing gold resources and excellent exploration potential that are accretive to Canarc on a gold ounce per share basis

In September 2016 Canarc closed an option to acquire a 75% interest in the FG Gold Project, BC on favorable terms. Additional exploration work at FG is planned to begin in 2017.
During the quarter, the Company has reviewed several opportunities and completed three site visits to target projects that may lead to possible transactions in the near future.
Going forward, the Company will continue to seek additional opportunities to acquire or option other advanced gold-silver assets that are accretive to Canarc.

2.Advance Windfall Hills Project through staged exploration to discovery and advance New Polaris Project by securing a new partner.

In October 2016 Canarc successfully completed a 3D-IP Survey on the Windfall Hills property. Survey results should be available in November 2016.
Based on the 3D-IP survey results, drill targets will be prioritized for drilling in 2017.
New Polaris’ joint venture agreement with Panterra Gold was terminated in October 2016
Canarc is currently seeking another joint venture partner interested in advancing the project through permitting and feasibility to production.

3.Acquisition of near term production assets in the Americas

The company has been reviewing projects with near term producing potential located in Mexico, US and Canada. This work is expected to continue with a focus on projects on which our in house mine operating experience may be instrumental in uncovering and creating additional value.

Financial Update

Canarc is well funded with $10.6M cash and approximately $1.4M in marketable securities. The enhanced treasury allows the Company to pursue its growth strategies aimed to create additional value for shareholders.

Qualified Person

Garry Biles, P. Eng, President & COO for Canarc Resource Corp, is the Qualified Person who reviewed and approved the contents of this news release.

“Catalin Chiloflischi”
____________________
Catalin Chiloflischi, CEO
CANARC RESOURCE CORP.

About Canarc Resource Corp. – Canarc is a growth-oriented, gold exploration and mining Company listed on the TSX (CCM) and the OTC-BB (CRCUF). The Company is currently focused on acquiring operating or pre-production stage gold-silver-copper mines or properties in the Americas and further advancing its gold properties in north and central BC.

For More Information – Please contact:

Catalin Chiloflischi, CEO
Toll Free: 1-877-684-9700 Tel: (604) 685-9700 Fax: (604) 685-9744
Email: catalin@canarc.net Website: www.canarc.net

Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Statements contained in this news release that are not historical facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with respect to the potential strategic M&A transactions being contemplated by Canarc, the future performance of Canarc, and the Company’s plans and exploration programs for its mineral properties, including the timing of such plans and programs. In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “has proven”, “expects” or “does not expect”, “is expected”, “potential”, “appears”, “budget”, “scheduled”, “estimates”, “forecasts”, “at least”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will be taken”, “occur” or “be achieved”.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the uncertainties inherent in the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company’s ability to continue as a going concern; the Company’s ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

SOURCE: Canarc Resource Corp.

ReleaseID: 447922

Linea Icona, which is the Brainchild of Two Young Italian Interior Designers, Interacts with Users Thanks to its Incorporated A.I.

LOS ANGELES, CA / ACCESSWIRE / October 31, 2016 / Francesco Maggioni and Willy Siffredi, two 26-year-old Italian interior designers who live and work in London, are pleased to announce the launch of their innovative new Linea Icona “smart wardrobe.”

To learn more about Linea Icona and watch a short video of the smart wardrobe in action, check out https://goo.gl/LtTM6N at any time.

“Imagine having a chic and modern wardrobe that works as a beautiful design element, displays your personal style, and actually interacts with you,” noted a spokesperson for the project, adding that Linea Icona is the world’s first smart wardrobe.

“It will keep your living space looking phenomenal while making your life easier with an impressive amount of capabilities. Every element is equipped with the latest Raspberry Pi 3 so you can use your voice to interact with your wardrobe and turn your space into the high tech home you dream of.”

For example, the spokesperson said, users can conveniently command Linea Icona’s AI system, “Ely,” to find out the weather, check the stock market, play songs and news, and control the lights in their home without having to interrupt what they are already doing.

“Continue to style your hair while catching up on current events or walk out the door without worrying about the lights.

The futuristic Linea Icona system was created in reaction to the bland and basic wardrobes that hide everything. Clothes are stashed away, covered by a plain and predictable facade.

“With Linea Icona, the cutouts in the doors of each cabinet show off all your favorite items,” the spokesperson said, adding that the modular design also allows people to customize the wardrobe to their liking.

“Each cabinet can be placed in its perfect setting in your decor and easily changed as needed. With this awesome addition to your decor, you’ll be one step closer to a truly smart home that is full of function and style.”

In order to help pay for the production and marketing costs associated with launching Linea Icona to the public, Francesco and Willy recently launched a fundraiser on Indiegogo. They hope to raise 200,000 Pounds through crowdfunding and help get Linea Icona into as many homes as possible.

About Linea Icona:

Linea Icona is the first smart wardrobe in the world that shows who people are and interacts with them, thanks to its incorporated A.I It is very innovative because is the first furniture that incorporates the latest technology to make peoples’ life easier in performing daily activities. For more information, please visit https://goo.gl/LtTM6N.

Contact:

Celia Duncan
admin@rocketfactor.com
(949) 555-2861

SOURCE: Linea Icona

ReleaseID: 447937