Monthly Archives: October 2016

Post Earnings Coverage as Textron Tops Earnings Forecasts and Updates Guidance

LONDON, UK / ACCESSWIRE / October 27, 2016 / Active Wall St. announces its post-earnings coverage on Textron Inc. (NYSE: TXT). The company reported its financial results for the third quarter fiscal 2016 on October 20 2016. The maker of Cessna small planes and Bell helicopters posted higher-than-expected income for the quarter. However, revenue numbers were below market expectations. Register with us now for your free membership at: http://www.activewallst.com/register/.

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Earnings Reviewed

For the three months ended on October 1st, 2016, Textron reported net income from continuing operations of $1.10 per share compared to $0.63 per share in Q3 2015. During this year’s third quarter, the company recorded a tax benefit of $0.76 per share related to settlement of U.S. Internal Revenue Service audits and recorded a $115 million pre-tax restructuring charge ($0.27 per share, after-tax). Excluding these items, adjusted income from continuing operations was $0.61 per share for Q3 2016, down $0.02 from Q3 2015. The results beat analysts’ expectations for earnings of $1.06 per share.

The Providence, Rhode Island-based company’s revenues in the reported quarter were $3.3 billion, up 2.2% from the year ago period of revenue of $3.18 billion, missing market expectations of $3.41 billion.

“We are on track to achieve our operating plan for the year, while accelerating investments that will drive future revenue growth and improved cost productivity,” CEO Scott Donnelly said in a statement.

Segment Results

During Q3 2016, revenues at Textron Aviation were $1.20 billion, up $39 million from the year ago period, primarily due to volume and mix. During the reported quarter, the division delivered 41 new Citation jets and 29 King Air turboprops compared to 37 jets and 29 King Airs in the year earlier quarter. Textron Aviation recorded a segment profit of $100 million in Q3 2016 compared to $107 million a year ago. Textron Aviation backlog at the end of the Q3 2016 was $1.1 billion, approximately flat sequentially.

Revenue from Textron’s Bell division came in at $734 million, down $22 million from the prior year’s quarter. The Bell delivered 25 commercial helicopters compared to 45 units last year. This segment’s profit was down $2 million, primarily due to the lower commercial aircraft volumes. Bell backlog at the end of Q3 2016 was $4.9 billion, approximately flat compared to Q2 2016.

During Q3 2016, revenues at Textron Systems unit were $413 million, down $7 million compared to the year earlier quarter, primarily due to lower Weapons and Sensors volume, partially offset by higher revenues at Marine and Land Systems. This segment’s profit was up $5 million, reflecting improved performance. Textron Systems’ backlog at the end of Q3 2016 was $2.2 billion, down $74 million from the end of the previous quarter.

Textron’ Industrial segment reported revenues of $886 million, which was higher by $58 million compared to Q3 2015, due to the impact of acquired businesses and higher volumes. This segment’s profit increased $5 million, largely reflecting improved performance. During Q3 2016, Textron’ Finance segment’s revenues increased $3 million and the segment’s profit decreased $3 million.

Capital Structure and Investments

Net cash provided by operating activities of continuing operations of its manufacturing group for Q3 2016 was $178 million compared to $231 million in last year’s third quarter. Manufacturing cash flow before pension contributions were $94 million compared to $116 million during Q3 2015.

Restructuring Plans

On August 30, 2016, Textron announced a restructuring plan with estimated pretax charges in the range of $110 million to $140 million with expected cash outlays in the range of $65 million to $85 million. The company now estimates pre-tax charges will be in the range of $140 million to $170 million, with expected cash outlays in the range of $100 million to $120 million.

Looking Forward

Textron expects FY16 earnings per share from continuing operations to be in the range of $3.06 to $3.21, or $2.65 to $2.75 on an adjusted basis. The company revised its expectation for cash flow from continuing operations of the manufacturing group before pension contributions to $500 million to $600 million from its previous estimate of $600 million to $700 million.

Stock Performance

On Wednesday, October 26, 2016, Textro’s shares were up 1.84%, finishing the day at $39.85. A total volume of 1.83 million shares exchanged hands by the close of the trading session, which was higher than the 3 months average volume of 1.14 million shares. For the last three months and past six months, the stock has gained 1.71% and 1.50%, respectively. Shares of the company have a PE ratio of 12.76. The stock currently has a market cap of $10.90 billion.

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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.

NO WARRANTY

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NOT AN OFFERING

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SOURCE: Active Wall Street

ReleaseID: 447811

Elcora and Graphite Companies Announce Spherical Graphite Test Facility Begins Operations

HALIFAX, NOVA SCOTIA / ACCESSWIRE / October 27, 2016 / ELCORA ADVANCED MATERIALS CORP. (TSXV: ERA) (OTCQB: ECORF) (Frankfurt: ELM), (“Elcora”), Northern Graphite Corporation (TSXV:NGC) (“Northern”), Nouveau Monde Mining Enterprises Inc. (TSXV: NOU) (“Nouveau Monde”), Metals of Africa Limited (ASX:MTA) (“MTA”), Pyrotek Incorporated (“Pyrotek”), and Coulometrics LLC (“Coulometrics”) are pleased to announce that the micronizing and spheronizing mill acquired by the group has been installed and is operational. The mill is being used to produce and optimize the yield of spherical graphite (“SPG”) from various mine concentrates and to maximize its performance. SPG is the anode material used in lithium ion batteries (“LiBs”). Ultimately, the goal of all the parties is to develop next generation and high-yield spheronization technology to meet the demanding cost targets of automotive LiB applications and to achieve full qualification of materials for use by LiB manufacturing companies. All of the participating companies will share in any spheronizing technologies that are developed.

The mill is located at Coulometrics’ battery production and test facility in the Tennessee, USA. The development and testing process will be lead by Dr. Edward Buiel who commented: “We can now produce and test coated SPG from end to end within North America which will rapidly advance our development efforts. Our goal is to develop next generation, high performance anode materials for LiBs at a significantly lower cost and with a greatly reduced environmental footprint compared to existing processes. The process to produce LIB-grade anode material has been partially funded by NSF and DOE.”

Coulometrics, LLC is a leading provider of energy storage consulting and advanced battery component manufacturing services. Dr. Edward Buiel, President and CEO of Coulometrics, has a Ph. D. in Physics and 20 years of experience developing carbon-based materials for lithium ion batteries and supercapacitors. Coulometrics has a unique combination of expertise that includes graphite processing for lithium ion batteries and full cell electrode coating, calendaring, cell assembly, and testing.

Elcora has resolved to extend the expiry date of 7,142,857 share purchase warrants issued pursuant to a non-brokered private placement financing in November 2015 (the “2015 Warrants”). The Company will make an application with the TSX Venture Exchange (the “Exchange”) to extend the Warrants by six months. Each 2015 Warrant was exercisable to purchase one common share of the Company at an exercise price of $0.30 per share until November 10, 2016, which expiry date will be, subject to Exchange approval, extended to May 10, 2017. All other terms of the 2015 Warrants remain unchanged and in full force and effect. Warrant holders are advised that replacement warrant certificates will not be issued. In order to effect the exercise of such warrants, the original warrant certificates must be delivered as directed in the warrant certificates.

For further information please contact Troy Grant, President and CEO of Elcora +1 (902) 802-8847, Gregory Bowes, CEO of Northern +1 (613) 241-9959, Eric Desaulniers, President and CEO of Nouveau Monde +1 (819) 923-0333, Michael Sekedat, Business Manager at Pyrotek +1 (509) 921-2854, Cherie Leeden, Managing Director of MTA +61 8 9322 7600, or Dr. Edward Buiel, President and CEO of Coulometrics, LLC +1 (423) 954-7766.

ABOUT:

Elcora Advanced Materials Corp. was founded in 2011 and has been structured to become a vertically integrated graphite & graphene company that mines, processes, refines graphite, and produces both the micro graphite suited for Lithium-ion battery anodes and graphene. As part of the vertical integration strategy, Elcora has secured high-grade graphite and graphene precursor graphite from its interest in the operation of the Ragedara mine in Sri Lanka which is already in production. Elcora has developed a unique low cost effective ecological processes to make high quality graphite, micro-graphite and graphene that are commercially scalable. This combination means that Elcora has vertically integrated the tools and resources required to produce graphite, micro-graphite and graphene. Ian Flint, Ph.D., P. Geo. is the Qualified Person as defined under NI 43-101 who has reviewed and is responsible for the Elcora technical information presented in this news release.

Northern’s Bissett Creek graphite deposit is an advanced, pre-development stage project that has a Feasibility Study and its major environmental permit. Subject to the completion of operational and species at risk permitting, which are at an advanced stage, Northern is in a position to commence construction in 2017 subject to the availability of financing. Northern believes that the Bissett Creek project has the best flake size distribution and highest margin of any new graphite project and has the added advantage of low capital costs and realistic production targets relative to the size of the market. Gregory Bowes, B.Sc. MBA, P. Geo., a Qualified Person as defined under NI 43-101, has reviewed and is responsible for Northern’s technical information in this news release.

Nouveau Monde owns the Matawinie’s Tony graphite deposit discovered by the company in 2015 on which a 43-101 Preliminary Economical Assessment was completed in June 2016 which demonstrated strong economics for the production of 50,000 tpy of high purity flake graphite for 25.7 years with solid a operational margin and relatively low capital expenditure. The project is located in the Saint-Michel-des-Saints area, some 130 km north of Montreal, Quebec, Canada with direct access to all needed infrastructure, labor and green and affordable hydroelectricity. Nouveau Monde is developing its project with the highest corporate social responsibility standards and the lowest environmental footprint (targeting a net zero carbon emission operation). Eric Desaulniers, M.Sc., P.Geo., a Qualified Person under NI 43-101 guidelines, has reviewed and is responsible for Nouveau Monde’s technical information presented in this news release.

Pyrotek is a global engineering leader and innovator of performance-improving products and technical solutions, integrated systems design and consulting services for the automotive, aerospace, rail transportation and high-tech manufacturing markets. Near Niagara Falls, NY, USA, Pyrotek operates an advanced, high temperature graphitization facility that utilizes clean, renewable and low-cost hydroelectric power. Combining proprietary technology, low-emission furnaces and renewable energy, Pyrotek is able to produce highly consistent, battery grade, spherical natural graphite anode materials, with 99.995% purity. Unlike the much higher-emission and low-efficiency Acheson furnaces and other large batch purification processes employed around the world, Pyrotek’s efficient, repeatable and clean graphitization technology ensures an environmentally responsible anode supply chain.

Metals of Africa Ltd (ASX: MTA) has successfully delineated, high quality and grade graphite resources in Mozambique, East Africa. The 100% owned Montepuez Resource boasts 61.6Mt @ 10.3% TGC and the nearby Balama Central Resource contains 16.3 Mt at 10.4% TGC that was defined in less than one month of drilling – both resources remain open in all directions. The company has uniquely positioned itself amongst its peers, to now quickly transition into development with an extremely low cost operating profile. MTA prides itself on its environmental best practice policies, zero harm and ongoing positive community development programs. The information in this release that relates to MTA’s Mineral Resources is based on information compiled by Mr. Robert Dennis who is a Member of Australian Institute of Geoscientists and a full time employee of RPM Limited. Mr. Dennis has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.

Please visit Elcora’s website at http://www.elcoracorp.com

CAUTIONARY STATEMENT:

This press release contains forward-looking statements, which can be identified by the use of statements that include words such as “could”, “potential”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “likely”, “will” or other similar words or phrases. These statements are only current predictions and are subject to known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from those anticipated by the forward-looking statements. The Companies do not intend, and do not assume any obligation, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock Exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain “forward-looking statements”. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Elcora, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Elcora’s expectations are exploration risks detailed herein and from time to time in the filings made by Elcora with securities regulators.

Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon.

SOURCE: Elcora Advanced Materials

ReleaseID: 447816

Blog Coverage AIG Raises its Property Terrorism Insurance Coverage to $1 Billion and Unveils Global Terrorism Risk Engineering Services

LONDON, UK / ACCESSWIRE / October 27, 2016 / Active Wall St. blog coverage looks at the headline from American International Group, Inc. (NYSE: AIG). The company announced on October 26, 2017, that it has raised the property terrorism insurance coverage limits across the globe to $1 billion. Clients, who want a higher coverage, would be catered to on a standalone basis or through AIG’s Large Limits property insurance which offers insurance coverage for all risks including terrorism for up to $2.5 billion per occurrence. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.

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Commenting on the expanded limits, George Stratts, President of Property and Special Risks at AIG said:

“This coverage provides our clients with market leading capacity that will respond to terrorist attacks worldwide. Demand from our clients for better protection against this risk has been strong. With our reinsurance partners and the investments we have made in analytics and risk engineering, we are confident in our ability to meet this demand and help our clients better prepare for, mitigate, and manage a terrorism event.”

What is Terrorism Insurance?

The Terrorism Risk Insurance Act (TRIA), which was enacted by Congress in November 2002, in the aftermath of 9/11, established a public-private partnership between the U.S. federal government, private insurers, and all commercial enterprises operating on U.S. soil. The Act was renewed and modified in January 2015, wherein it was mandated that insurers offer terrorism insurance to their commercial policyholders while providing the insurers with financial protection up to $100 billion against terrorist attacks in the U.S.

Terrorism insurance is offered separately or as a special “rider” to a standard commercial property insurance policy. A commercial terrorism policy covers damaged or destroyed property – including buildings, equipment, furnishings and inventory. According, to a rough estimate 60 % of U.S. businesses have terrorism insurance.

Background

Growing incidents of terrorism across the world has created a demand for insurance cover. Businesses that are present in large cities or those that have multi-national presence are increasingly aware of the risk and are concerned about safety. This has created a demand for the product in this niche area. AIG is looking at servicing such clients who are looking for an insurance service provider who can mitigate a wide range of risks including those arising from acts of terror.

Prior to this announcement, AIG’s property terrorism insurance coverage was $ 250 million and was mainly focused on centrally located business locations in major urban areas.

AIG’s Global Terrorism Risk Engineering Services

AIG has started a new and proprietary terrorism risk engineering services which offers data analytics, risk engineering capabilities, and enhanced risk selection tools. This will aid AIG in expanding its appetite for terrorism risk.

These services came into play due to a strategic investment made by AIG in 2015 wherein it had partnered with Clemson University to establish a risk engineering and systems analytics center. The Centre helped more than 600 engineers to enhance their skills and capabilities at the same time AIG benefited from their efforts to transform data analytics into practical tools that were useful for AIG and its clients.

In July 2016, AIG had launched CyberEdge Plus a standalone policy which offered insurance protection for a broad range of cyber risks, including property damage, bodily injury, business interruption, and product liability.

Stock Performance

Investors welcomed the new product offering and their enthusiasm was reflected in the stock’s recent performance. On Wednesday, the stock closed the trading session at $61.11, slightly climbing 0.92% from its previous closing price of $61.11. A total volume of 6.55 million shares have exchanged hands, which was higher than the 3-month average volume of 5.50 million shares. American International Group’s stock price advanced 4.44% in the last month, 12.14% in the past three months, and 10.68% in the previous six months. The stock has a dividend yield of 2.09% and currently has a market cap of $65.50 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: 447810

Post Earnings Coverage as Southwestern Narrows its Loss by More Than a $1 Billion

LONDON, UK / ACCESSWIRE / October 27, 2016 / Active Wall St. announces its post-earnings coverage on Southwestern Energy Co. (NYSE: SWN). The company released its financial results for the third quarter fiscal 2016 on October 20, 2016. The independent oil and Gas Company reduced its net loss significantly, but still came in below market expectations. Register with us now for your free membership at: http://www.activewallst.com/register/.

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Earnings Reviewed

For the three months ended on September 30th, 2016, Southwestern Energy reported a net loss attributable to common stock of $735 million, or $1.52 per diluted share, and adjusted net income attributable to common stock of $12 million, or $0.03 per diluted share. This compares to a net loss attributable to common stock of $1.8 billion, or $4.62 per diluted share, and an adjusted net income attributable to common stock of $3 million, or $0.01 per diluted share, in Q3 2015. The results missed analysts’ expectations of earnings of $0.5 per share.

For Q3 2016, net cash provided by operating activities was $172 million compared to $287 million in Q3 2015. Net cash flow was $173 million for the reported quarter compared to $330 million for the prior year’s period. The spring, Texas-based company posted revenue of $651 million in the period, surpassing Street’s forecasts of $631.8 million.

Segment Review

For its E&P segment, Exelon reported operating loss of $777 million for Q3 2016 compared to an operating loss of $2.9 billion during the year ago period. Net production totaled 211 Billions of Cubic Feet Equivalent (Bcfe) in the reported quarter, down from 249 Bcfe in Q3 2015 as a result of limited drilling and completion activity. The quarter included 90 Bcf from the Fayetteville Shale, 84 Bcf from Northeast Appalachia, and 37 Bcfe from Southwest Appalachia. This compares to 118 Bcf from the Fayetteville Shale, 93 Bcf from Northeast Appalachia, and 37 Bcfe from Southwest Appalachia reported in the third quarter of 2015.

Southwestern Energy’s average realized gas price including the effect of derivatives in Q3 2016 was $1.73 per Mcf, down from $2.21 per Mcf in Q3 2015. The Company’s average price received for its gas production, during the reported quarter, was approximately $1.03 per Mcf, lower than average NYMEX settlement prices, compared to approximately $1.00 per Mcf, lower than average NYMEX settlement prices during Q3 2015.

Lease operating expenses per unit of production for the Company’s E&P segment were down to $0.86 per Mcfe in Q3 2016 compared to $0.92 per Mcfe in Q3 2015. The Company’s full cost pool amortization rate declined significantly to $0.35 per Mcfe in the reported quarter compared to $0.98 per Mcfe in the year earlier quarter.

During Q3 2016, Southwestern Energy’s Midstream division reported operating income of $52 million compared to $68 million for the same period in 2015. The decrease in operating income was largely due to a decrease in volumes gathered, resulting from lower production volumes in the Fayetteville Shale.

Operations Review

In Northeast Appalachia, the Company reported net gas production of 84 Bcf in Q3 2016, compared to 93 Bcf in Q3 2015. During the reported quarter, the company invested $52 million, drilling 18 wells, completing 9 wells, and placing 3 wells on production. Gross operated production in Northeast Appalachia was approximately 1,046 million cubic feet equivalent (MMcf) per day at September 30, 2016. In Southwest Appalachia, the Company invested $41 million during Q3 2016, drilling 4 wells and completing 8 wells, the first of which is expected to be placed to sales in the fourth quarter of 2016. Net production was flat at 37 Bcfe in the reported quarter as compared to Q3 2015. The gross operated production rate in Southwest Appalachia was approximately 621 MMcfe per day at September 30, 2016.

The Company achieved a monumental milestone in the Fayetteville Shale during Q3 2016, surpassing 5 Trillion cubic feet of cumulative production since its inception. After over a decade of development, this asset continues to account for approximately 2% of the nation’s natural gas supply and remains a significant value creator for the Company.

Capital Structure and Investments

As of September 30, 2016, Southwestern Energy had total debt of approximately $4.7 billion and $3.2 billion in net debt. As of September 30, 2016, there were no borrowings under the Company’s revolving credit facilities. As a result of the equity offering closed in July 2016, the Company repaid $375 million of its $750 million term loan originally due in November 2018, which extended the maturity on this term loan to December 2020, subject to certain conditions. The Company paid down an additional $48 million following the closing of the previously announced sale of approximately 55,000 net acres in West Virginia. At September 30, 2016, the Company has $317 million in remaining 2017 and 2018 debt maturities, well below the $1.0 billion at December 31, 2015, and also well below the $1.5 billion cash balance.

Stock Performance

At the close of trading session on October 26, 2016, Southwestern Energy’s stock price declined 2.79% to end the day at $10.46. A total volume of 31.86 million shares were exchanged during the session, which was above the 3-month average volume of 12.21 million shares. The company’s share price has surged 47.12% on an YTD basis. The stock currently has a market cap of $5.63 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: 447807

Post Earnings Coverage as Dunkin’ Brands Q3 EPS Surge 18.8 Percent Beating Estimates

LONDON, UK / ACCESSWIRE / October 27, 2016 / Active Wall St. announces its post-earnings coverage on Dunkin’ Brands Group, Inc. (NASDAQ: DNKN). The company posted its financial results for the third quarter fiscal 2016 (Q3 FY16) on October 20, 2016. The Canton, Massachusetts-based company reported a 1.3% y-o-y decline in its revenues; yet diluted EPS surged 18.8% y-o-y during the reported quarter. Register with us now for your free membership at: http://www.activewallst.com/register/.

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

Earnings Reviewed

Dunkin’ Brands reported total revenue of $207.10 million in Q3 FY16 compared to $209.81 million recorded in Q3 FY15. Total revenue numbers fell marginally short of market forecasts of $213 million. The company attributed this decline in quarterly revenue numbers to a decrease in the number of company-operated restaurants along with fall in franchise fees due to decline in gross openings and renewal income, and falling product sales in the Middle East region.

The quick service restaurateur’s net income increased to $52.71 million, or $0.57 per diluted share, in Q3 FY16 from $46.22 million, or $0.48 per diluted share, in Q3 FY15. The company’s adjusted net income for the reported quarter stood at $55.96 million, or $0.60 per diluted share, compared to $50.18 million, or $0.52 per diluted share, in Q3 FY15. Furthermore, diluted adjusted net income outperformed market expectations of $0.58 per diluted share.

In the quarter ended September 24, 2016, Dunkin’ Brands franchisees and licensees inaugurated 115 net new restaurants across the globe. This included 56 net new Dunkin’ Donuts brand store across U.S. locations, 11 net new Dunkin’ Donuts stores outside U.S. and 3 net new Baskin-Robbins stores in U.S.

Operating Metrics

In Q3 FY16, the company’s Global Systemwide sales grew 6.3% y-o-y to $2.82 billion from $2.65 billion in the year-ago period, primarily due to development of global stores and rise in Dunkin’ Donuts store sales in the U.S. region.

During the quarter, operating margins improved to $109.36 million, or 52.8% of total revenue, compared to $99.76 million, or 47.5% of total revenues. The improved margins reflect the rise in royalty income along with a reduction in general and administrative expenses, partially offset by the decrease in franchise fees. Furthermore, adjusted margin improved from $105.96 million, or 50.5% of total revenues, in Q3 FY15 to $114.76 million, or $55.4% of total revenues in Q3 FY16.

Segment-wise

Dunkin’ Donuts U.S. segment’s revenues fell 1.3% y-o-y to $152.43 million in Q3 FY16. During the reported quarter, comparable store sales growth was 2.0% y-o-y compared to a growth of 1.1% y-o-y in the quarter ended September 26, 2015. Furthermore, the segment reported profit of $119.43 million for Q3 FY16, which was higher than $113,197 million recorded in the year ago quarter.

During Q3 FY16, Dunkin’ Donuts International segment reported total revenues of $4.45 million compared to $4.63 million in the last year comparable quarter. The comparable store sales declined 1.4% in the reported quarter versus a growth of 0.8% in the year ago quarter. In Q3 FY16, the segment’s profit declined 29.5% y-o-y to $0.71 million.

Baskin-Robbins U.S. segment’s total revenues came in at $13.78 million for Q3 FY16 compared to $13.58 million recorded in the previous year’s quarter. However, the segment’s comparable sales fell 0.9% during the reported period, while the segment had registered comparable stores sales growth of 7.5% in the year ago quarter. Furthermore, the segment’s profit surged 13% y-o-y to $11,085 million in Q3 FY16.

In the reported period, Baskin-Robbins International segment’s total revenue fell 8.8% y-o-y to $27.90 million. The segment reported a 2.9% decline in comparable sales during the quarter compared to a 2.4% y-o-y decline in Q3 FY15. Additionally, this segment’s profits increased 18.5% y-o-y to $11,154 in the reported quarter.

Cash Matters and Balance Sheet

During the nine months ended September 24, 2016, net cash provided by operating activities was $130.34 million compared to $83.24 million in the comparable year ago period. Dunkin’ Brands had cash and cash equivalents worth $270.23 million at the close of its books on September 24, 2016, versus cash and cash equivalents worth $260.43 million as on December 26, 2015. The company reduced its long-term debt during the nine months, which stood at $2.41 billion as on September 24, 2016, compared to $2.42 billion as on December 26, 2015.

Dividend

In a separate press release on October 20, 2016, Dunkin’ Brands’ Board of Directors announced a quarterly cash of $0.30 per share of common stock dividend to its common shareholders. The dividend will be paid on November 30, 2016, to all shareholders of record as of the close of business on November 21, 2016.

Stock Performance

On Wednesday, the stock closed the trading session at $47.87, falling 0.62% from its previous closing price of $48.17. A total volume of 1.49 million shares have exchanged hands, which was higher than the 3-month average volume of 1.43 million shares. Dunkin’ Brands’ stock price advanced 5.28% in the past three months, 2.18% in the previous six months, and 21.20% in the last twelve months. Furthermore, since the start of the year, shares of the company have gained 14.62%. The stock is trading at a PE ratio of 33.83 and has a dividend yield of 2.51%.

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.

NO WARRANTY

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NOT AN OFFERING

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ReleaseID: 447809

Research Reports Initiated on Real Estate Stocks Brookfield Asset Management, Canadian Apartment Properties REIT, HandR REIT, and Colliers Intl

LONDON, UK / ACCESSWIRE / October 27, 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 Real Estate sector. Companies recently under review include Brookfield Asset Management, Canadian Apartment Properties REIT, H&R REIT, and Colliers Intl. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

At the close of the Canadian markets on Wednesday, October 26, 2016, the Toronto Exchange Composite index ended the trading session at 14,807.56, 0.42% lower from its previous closing price.

Active Wall St. has initiated research reports on the following equities: Brookfield Asset Management Inc. (TSX: BAM-A), Canadian Apartment Properties REIT (TSX: CAR-UN), H&R Real Estate Investment Trust (TSX: HR-UN), and Colliers International Group Inc. (TSX: CIG). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

Brookfield Asset Management Inc.

Toronto, Canada-based Brookfield Asset Management Inc.’s stock finished Wednesday’s session flat at $47.32 with a total volume of 1.20 million shares traded. Over the last one month and the previous three months, Brookfield Asset Management’s shares have advanced 2.25% and 4.67%, respectively. Furthermore, the stock has gained 3.39% in the past one year. Shares of the Company, which through its subsidiaries, the firm invests in the property, power, and infrastructure sectors, are trading above its 50-day and 200-day moving averages. Brookfield Asset Management’s 50-day moving average of $45.75 is above its 200-day moving average of $44.42.The Company’s shares traded at a PE ratio of 36.60. See our research report on BAM-A.TO at: http://www.activewallst.com/registration-3/?symbol=BAM.A.

Canadian Apartment Properties REIT

Toronto, Canada headquartered Canadian Apartment Properties REIT’s stock edged 0.87% lower, to close the day at $29.71. The stock recorded a trading volume of 253,237 shares. Canadian Apartment Properties REIT’s shares have gained 9.79% in the previous one year. The company’s shares are trading above their 50-day moving average. Moreover, the stock’s 200-day moving average of $30.85 is greater than its 50-day moving average of $29.63. Shares of the Company, which operates as an open-end real estate investment trust, are trading at a PE ratio of 11.85. The complimentary research report on CAR-UN.TO at: http://www.activewallst.com/registration-3/?symbol=CAR.UN.

H&R Real Estate Investment Trust

On Wednesday, shares in Toronto, Canada headquartered H&R Real Estate Investment Trust ended the session 0.83% lower at $22.64 with a total volume of 627,440 shares traded. Shares of H&R Real Estate Investment Trust, which owns and manages a portfolio of office, industrial, and retail properties in North America, have advanced 0.80% in the previous one month and 7.66% in the past one year. The stock is trading above its 50-day and 200-day moving averages. Furthermore, the stock’s 50-day moving average of $22.50 is greater than its 200-day moving average of $22.44. H&R Real Estate Investment shares traded at a PE ratio of 24.27. Register for free and access the latest research report on HR-UN.TO at: http://www.activewallst.com/registration-3/?symbol=HR.UN.

Colliers International Group Inc.

On Wednesday, shares in Toronto, Canada headquartered Colliers International Group Inc. recorded a trading volume of 43,183 shares. The stock ended the day 1.03% lower at $53.94. Colliers International’s stock has advanced 1.87% in the past three months. The Company is trading above its 200-day moving average. The stock’s 50-day moving average of $54.84 is above its 200-day moving average of $51.76. Shares of the Company, which provides commercial real estate services to real estate occupiers, owners, and investors worldwide, are trading at PE ratio of 36.10. Get free access to your research report on CIG.TO at: http://www.activewallst.com/registration-3/?symbol=CIG.

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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SOURCE: Active Wall Street

ReleaseID: 447802

Blog Coverage China Biologic Takes Full Ownership of Guizhou Taibang

LONDON, UK / ACCESSWIRE / October 27, 2016 / Active Wall St. blog coverage looks at the headline from China Biologic Products, Inc. (NASDAQ: CBPO). The company announced that it has completed the acquisition of Guizhou Taibang Biological Products Co. Ltd. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.

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The Agreement

On July 31, 2016, Guizhou Taibang Biological Products, a wholly-owned subsidiary of China Biologic Products, and Guiyang Dalin Biotechnology Co., Ltd. a majority shareholder of Guizhou Taibang, entered into an agreement with Guizhou Jie’an and Shenzhen Yigong Shengda Technology Co., Ltd., two minority interest holders of Guizhou Taibang. Pursuant to this agreement, Jie’an and Yigong Shengda agreed to withdraw all of their capital contribution in Guizhou Taibang for an aggregate consideration of RMB415.0 million (approximately US$62.6 million).

Guizhou Taibang paid the first installment of RMB90 million (approximately US$13.5 million) of the consideration to such former minority shareholders in August 2016 and will pay the balance of the consideration in accordance with the agreement. As a result of the capital withdrawal, Guizhou Taibang has become a wholly owned subsidiary of the China Biologic Products.

Mr. David (Xiaoying) Gao, Chairman and Chief Executive Officer of China Biologic, commented:

“We are pleased to announce the completion of the requisite procedures for capital withdrawal and acquire full equity ownership of Guizhou Taibang. Over the past several years, we have successfully focused on expanding production capacity and enhancing efficiency at Guizhou Taibang while also increasing our equity ownership from 54% to 100% after this capital withdrawal. We expect that our full ownership of the Guizhou facility will have positive impact on our 2016 earnings results through additional earnings accretion and, more importantly, will enable us to capture full benefits from future growth opportunity at our Guizhou facility.”

China Biologic Receives CFDA Clinical Trial Approval for Human Antithrombin III

On October 11th, 2016, China Biologic announced that Shandong Taibang Biological Products Co. Ltd., the Company’s majority-owned subsidiary, recently obtained approval from the China Food and Drug Administration (CFDA) to begin human clinical trials on its Human Antithrombin III (“ATIII”) product.

ATIII is intended to treat hereditary and acquired ATIII deficiency in connection with surgical or obstetrical procedures, and to treat thromboembolism. No manufacturer in China currently offers plasma-derived ATIII product. China Biologic expects to commence clinical trials for the ATIII product in 2017 and complete the trials in two years or longer.

Stock Performance

At the close of trading session on October 26, 2016, China Biologic Products’ stock price rose 3.79% from its previous close of $114.92 to end the day at $119.28. A total volume of 198.53 thousand shares were exchanged during the session. The company’s share price has gained 11.82% in the past twelve months. The stock currently has a market cap of $3.25 billion.

Earnings Alert: The company will release its Q3 2016 financial results on November 2nd, 2016, after the market closes and its management will hold a conference call at 7:30 a.m. ET on November 3rd, 2016.

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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SOURCE: Active Wall Street

ReleaseID: 447808

Blog Coverage Symantec Combines Blue Coat Threat Intelligence into its Global Intelligence Network

LONDON, UK / ACCESSWIRE / October 27, 2016 / Active Wall St. blog coverage looks at the headline from Symantec Corp. (NASDAQ: SYMC). The company announced on October 26th, 2016, significant enhancements to its threat intelligence capabilities by integrating Symantec and Blue Coat’s security telemetry supported by artificial intelligence. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.

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The Partnership

Symantec and Blue Coat combined, leverage more than nine trillion elements of security data, providing visibility and protection for Symantec customers across their entire environments. Symantec stated that it now protects 175 million consumer and enterprise endpoints, 63 million email users, 80 million web proxy users, and processes nearly eight billion security requests across these products every day.

Greg Clark, CEO of Symantec said:

“By fast-tracking the integration of the threat intelligence capabilities from Symantec and Blue Coat, Symantec products are now blocking 500,000 additional attacks per day for our endpoint, email, and web security customers. Drawing out those kinds of results from data is only possible by using artificial intelligence, which gives our threat researchers a vastly augmented ability to spot attacks earlier than anyone else.”

This integration provides the foundation for Symantec’s Integrated Cyber Defense Platform, which allows Symantec products to share threat intelligence and improve security outcomes for customers across all control points.

Phishing Threat

To combat the increased threat to enterprises and consumers from phishing emails, Symantec announced that it has developed an innovative technology that analyzes new websites in real-time by comparing them to screenshots of known phishing sites. Leveraging machine learning and advanced image analysis, the technology is applied to more than 1.2 billion web requests each day and has uncovered 137,000 new phishing campaigns since its release.

New Cyber Espionage Campaign Discovered

Symantec announced that with the combined Symantec-Blue Coat threat telemetry they were able to identify that the Buckeye group was still highly active, earlier the cyber-espionage agreement between the U.S. and China was signed in September 2015, it was believed that the China-based cyber-espionage group Buckeye had largely stopped their attack operations. Symantec’s combined team uncovered new spear-phishing emails targeting 13 political entities in Hong Kong leading up to the Hong Kong elections.

Sophisticated Financial Heists

The combined Symantec and Blue Coat telemetry also identified that, since January 2016, a series of campaigns involving malware called Trojan.Odinaff have targeted roughly 100 financial institutions worldwide, including investment brokerage houses, consumer banks, and ATM networks. The Odinaff attack is unusual in that once attackers infiltrate a victim’s financial institution, they spend time learning about the exact capabilities of the target organization, post which the attackers execute an attack plan leveraging the specific capabilities of the compromised organization, such as withdrawing funds, making trades, or transferring money via the SWIFT wire transfer system.

Stock Performance

On Wednesday, the stock closed the trading session at $25.03, slightly up 0.16% from its previous closing price of $24.99. A total volume of 8.32 million shares have exchanged hands. Symantec’s stock price rallied 22.80% in the past three months, 49.60% in the previous six months, and 55.60% in the last twelve months. Furthermore, since the start of the year, shares of the company have surged 50.31%. The stock has a dividend yield of 1.20%.

Earnings Alerts: Symantec will webcast its quarterly earnings conference call on November 3rd, 2016, at 5 p.m. ET to discuss the results of its fiscal second quarter, which ended September 30th, 2016.

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: 447814

Could a Lithium Shortage Delay the Electric Car Boom?

LONDON, ENGLAND / ACCESSWIRE / October 27, 2016 / As oil flounders–ruled by wild speculation and held hostage by OPEC whispers–lithium explodes to the top of the commodities line-up. The rules of this fundamentally fantastic game are changing, and one explorer has emerged ahead of the junior pack as a major-league project generator.

This is now definitively a junior explorers game, and Nevada Energy Metals (OTCQB: SSMLF) is a leading the charge for discovery of new production of lithium as supply lags behind phenomenal demand. Nevada Energy Metals has achieved this feat by scooping up a significant portfolio of highly prospective, unexplored terrain in lithium-rich Nevada.

It’s a project-generation niche that no other junior is filling, and it’s in a market that is moving so fast that investors are having a hard time keeping pace.

New Exploration is the Key to this Market

Supply is already tight, and it’s only getting tighter. Electric vehicles are exploding into the mainstream from every corner of the earth. The latest indication was a landmark decision by Germany’s Bundesrat last week to ban the internal combustion engine by 2030. Prices have tripled, and we’re now staring directly at the next commodity barons.

They won’t be those just hovering around the heart of the American lithium boom in Clayton Valley, Nevada – they will be those who cast their nets much wider and get ahead of the lithium development game.

Nevada Energy Metals is among the most forward-thinking lithium explorers out there, and it knows that Nevada’s geology tells a story that is much bigger than Clayton Valley – a story of endless lithium wealth.

Nevada Energy Metals has not only secured an exploration target in Clayton Valley, but it’s also expanding exploration well beyond. Earlier this year, it raised over US$1 million, making it fully funded for its ambitious exploration plans.

The company is changing the way this game is played, focusing on diverse acquisitions of high-quality lithium acreage. This is the only company in the field right now that is setting itself up as a major lithium project generator, offering investors a lucrative foothold while significantly reducing their risk with multiple lithium targets.

The Tipping Point

We already know that lithium is the hottest commodity on the planet and is fueling a massive energy revolution; and we already know that juniors are the key to the lithium boom. We are now at the next stage: the critical point where the best-positioned juniors reveal themselves.

From an investor’s perspective, there’s nothing stronger than Nevada Energy Metal’s fast-moving strategy to secure a diverse, forward-looking portfolio, staking out high-potential land while negotiating joint ventures to cover exploration costs.

In the meantime, the company gets to choose which projects it wants to develop 100% in-house.

It’s a winning strategy that has already netted the company US$350,000 in cash (including future payments on current agreements), plus cash equivalents currently in excess of US$400,000. The growth potential here is unlimited.

The momentum at this point is unstoppable: Nevada Energy Metals’ line-up already includes 7 impressive Nevada projects, and exploration is moving at breakneck speed.

Samplings from the Big Smokey Valley project, which is 100% owned by Nevada Energy Metals, returned high-level lithium values from samples across 3,200 acres and 160 placer claims in very attractive geothermal areas that promise commercial quantities.

Sampling has returned even more impressive results at the company’s Black Rock Desert project, also 100% owned. The Black Rock Desert Project consists of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada.

So far, the results are comparable to those at ground zero of the lithium boom – Clayton Valley – where Nevada Energy Metals’ BFF-1 lithium project abuts the only producing lithium mine in the United States, Albermarle’s (NYSE: ALB) Silver Peak Mine.

Nevada Energy Metals also has nearly 170 placer claims in two other forward-looking lithium exploration areas: the Teels Marsh West project, which is on highly prospective lithium grounds in tectonically active territory, and the San Emidio property.

While Clayton Valley is the hottest playground in Tesla’s (NASDAQ: TSLA) gigafactory backyard, the new ground zero is the lithium-bearing geothermal treasures that lie beyond this. This is exactly where Nevada Energy Metals stands out among the juniors, and it’s got the funding both to meet its ambitious exploration strategies and to maintain the momentum for investors.

From Pure-Play Investment to Pure-Play Profit

We are at the turning point here, where pure-play investment into lithium starts to turn into pure-play profit. It’s no longer about hedging bets: The drivers of the lithium boom are clear and present, and electric vehicles are only the beginning. The second wave of the boom will be a major surge in energy storage and powerwall demand.

Even for the first phase, there is already talk of shortage for the supercharged electric vehicle industry, which is concerned about the readily available supply of lithium – and the rush is on for juniors to secure enough supply in time.

• As of the first-quarter of this year, electric vehicle sales had grown 42% year-on-year, worldwide, according to EV-Volumes.
• Everyone’s jumping on this bandwagon – even Uber Technologies Inc.
• In Europe, EVs are already profitable.
• In the US, all by itself, Tesla is eyeing an estimated 500,000 cars by 2018 – up from 80,000 this year.
• China is eyeing 5 million electric cars on the road by 2020.
• Everyone’s building battery gigafactories – we count 12 in the works in total.

Lithium will go for a premium, and the market has already spoken, with prices spiking from $7,000 per ton to over $20,000 per ton earlier this year.

It’s a euphoric problem for lithium exploration companies and it has opened up the playing field to new entrants. The recent tripling of lithium prices may only be a banal harbinger of what is to come.

Smart Money on a Smart Multiple-Play Explorer

What investors are craving at the tipping point in this lithium boom is a lower market cap combined with strong management and a solid strategy that goes beyond the first phase of new supply development.

And from an investor perspective, it’s not a game best played through the traditional big three lithium miners: Albermarle (NYSE: ALB) in Chile and Nevada; SQM (NYSE: SQM) in Chile; FMC (NYSE: FMC) in Argentina.

New supply is largely a junior game.

It’s hard to beat Nevada Energy Metals in terms of diversity of lithium play. It’s also hard to compete with its dream team strategy that focuses on de-risking for investors. Not only does the company offer a reduced-risk way to gain exposure to the precious metal of our future, but it does so at a small-cap price.

Finding a unique way to minimize risk and leverage capital and expertise while aggressively working toward acquisition – this is a win-win set-up in the lithium game, and its where shareholder value starts looking quite attractive.

The smart money is backing Clayton Valley as the next US lithium supply source. Genius money is looking at a much bigger picture.

By. James Burgess of Oilprice.com

Legal Disclaimer/Disclosure: This piece is an advertorial and has been paid for. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this Report should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. We make no guarantee, representation or warranty and accept no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Oilprice.com only and are subject to change without notice. Oilprice.com assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this Report.

SOURCE: Oilprice.com

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Dynamic Growth at Stearns Lending Accelerates During the First Nine Months of 2016

SANTA ANA, CA / ACCESSWIRE / October 27, 2016 / Stearns Lending, LLC, a leading provider of mortgage lending services in Wholesale, Retail, Consumer Direct, Correspondent and Strategic Alliances sectors, is pleased to share highlights for the first nine months of 2016, reflecting the Company’s dynamic growth and superior execution of its strategic vision. Highlights of the tremendous growth at Stearns Lending include a 526 percent growth in overall loan production volume since 2011 and the addition of over 1200 employees in the last 12 months.

“The surge in growth at Stearns is a direct result of the hard work and dedication of our world-class workforce. Across all productions channels, operations and corporate departmental discipline, every team member is making valuable contributions toward fulfilling our overall strategic vision,” said Brian Hale, CEO at Stearns Lending.

As a part of this accelerated growth, the following talented leaders have been added to the organization in 2016. Each of these individuals brings with them significant industry knowledge and expertise having led top performing teams of significant size and scale:

Steve Smith as Chief Financial Officer (formerly with Caliber Home Loans)
Allyson Knudsen as Executive Vice President, Credit Strategy and Operations (formerly with Wells Fargo)
Renee Blackwell as Senior Vice President, Strategic Development (formerly with Caliber Home Loans)
Michael Gallo as Senior Vice President, Wholesale Divisional Sales Leader (formerly with Caliber Home Loans)
Phil Riccio as Senior Vice President, Margin Management (formerly with Caliber Home Loans)
Susan Walker as Regional Vice President of Retail, Southwest Region (formerly with Wells Fargo)
Mark Stevens as Regional Vice President of Retail, Midwest Region (formerly with Bank of America)

Stearns also recently implemented a managing directorship structure and announced the promotions of more than a dozen members of the executive leadership team, including the appointment of James Hecht as their Chief Operating Officer.

“These efforts have built a best-in-class leadership team and a platform that firmly supports continued growth. We are proud of our accomplishments to date, and envision an even brighter future,” said Stearns CEO Brian Hale.

For more than 27 years, Stearns has been helping employees, borrowers and business partners to reach their goals by successfully exceeding expectations and leading the industry with innovation and efficiency. To learn more about Stearns, visit stearns.com and join.stearns.com.

About Stearns Lending, LLC

Stearns Lending, LLC is a leading provider of mortgage lending services in Wholesale, Retail, Correspondent and Strategic Alliances sectors throughout the United States. Currently ranked as #3 Wholesale Lender nationwide*, Stearns Lending continues to expand as a company overall, making the Inc. 5000 list of Fastest Growing Private Companies in America in 2013, 2014 and 2015**, based on revenue growth of 250% over a three-year period.

Stearns Lending is an equal housing lender and is licensed to conduct business in 49 states and the District of Columbia. Additionally, Stearns Lending is an approved HUD (United States Department of Housing and Urban Development) lender; a Single Family Issuer for Ginnie Mae (Government National Mortgage Association); an approved Seller/Servicer for Fannie Mae (Federal National Mortgage Association); and an approved Seller/Servicer for Freddie Mac (Federal Home Loan Mortgage Corporation). Stearns Lending is also approved as a VA (United States Department of Veterans Affairs) lender, a USDA (United States Department of Agriculture) lender, and is an approved lending institution with FHA (Federal Housing Administration). Stearns Lending, LLC is located at 4 Hutton Centre Drive, 10th Floor, Santa Ana, CA 92707. Company NMLS# 1854.

For more information, visit www.stearns.com.

Media Contact

Brad Hoke
bhoke@stearns.com
Executive Vice President
972-521-1057

References

*http://www.insidemortgagefinance.com/

Top Broker Channels. Rep. no. 12M2015. Inside Mortgage Finance, Dec. 2015. Web. 15 Mar. 2016.

**http://www.inc.com/profile/stearns-lending

“The 2013 Inc. 5000.” The 2013 Inc. 5000. Inc.com, Aug. 2013. Web. 18 Mar. 2015.
“The 2014 Inc. 5000.” The 2014 Inc. 5000. Inc.com, Aug. 2014. Web. 18 Mar. 2015.
“The 2015 Inc. 5000.” The 2015 Inc. 5000. Inc.com, Aug. 2015. Web. 18 Aug. 2015.

SOURCE: Stearns Lending, LLC

ReleaseID: 447734