Research Desk Line-up: Twitter Post Earnings Coverage

LONDON, UK / ACCESSWIRE / July 31, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Facebook, Inc. (NASDAQ: FB), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=FB, following the Company’s release of its financial results on July 26, 2017, for the second quarter fiscal 2017 (Q2 FY17). The Menlo Park, California-based Company’s quarterly total revenues surged 45% y-o-y and its diluted EPS rallied 69% y-o-y in the reported quarter; beating analysts’ estimates. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member’s account at:

http://protraderdaily.com/register/

Get more of our free earnings reports coverage from other constituents of the Internet Information Providers industry. Pro-TD has currently selected Twitter, Inc. (NYSE: TWTR) for due-diligence and potential coverage as the Company announced on July 27, 2017, its financial results for Q2 2017. Register for a free membership today, and be among the early birds that get access to our report on Twitter when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on FB; also brushing on TWTR. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=FB

http://protraderdaily.com/optin/?symbol=TWTR

Earnings Reviewed

During Q2 FY17, Facebook reported total revenue of $9.32 billion which came in above the $6.44 billion recorded at the end of Q2 FY16. The Company’s quarterly total revenue numbers outperformed Wall Street’s expectations of $9.17 billion. Furthermore, advertising revenue surged 47% to $9.16 billion in Q2 FY17 from $6.24 billion recorded in Q2 FY16. However, payments and other fees fell 20% y-o-y to $157 million in Q2 FY17.

The social networking Company’s net income came in at $3.89 billion, or $1.32 per diluted common share, in Q2 FY17 compared to $2.28 billion, or $0.78 per diluted common share, in the prior year’s same quarter. Meanwhile, market analysts had expected the Company to report EPS of $1.13 per diluted share for the reported quarter.

Operating Metrics

For Q2 FY17, Facebook’s income from operations came in at $4.40 billion, or 47% of total revenues compared to $2.73 billion, or 42% of total revenues in the year ago same period. The Company’s income before provision for income taxes increased to $4.49 billion in Q2 FY17, from $2.75 billion in the previous year’s comparable quarter.

Facebook’s monthly active users (MAUs) grew to 2.01 billion in Q2 FY17 from 1.71 billion in Q2 FY16. Daily active users (DAUs) increased 1.32 billion in Q2 FY17 from 1.13 billion in the prior year’s comparable quarter.

Facebook’s average revenue per user (ARPU) stood at $4.73 in Q2 FY17, up from $3.82 in last year’s same quarter. In the reported period, advertising ARPU was $4.65, while payments and other fees ARPU came in at $0.08.

Geographical Contribution

During Q2 FY17, Facebook reported DAUs of 183 million in the US & Canada region and MAUs for the reported quarter were 236 million. Furthermore, Q2 FY17 ARPU from the region stood at $19.38 versus $14.34 in Q2 FY16.

In the quarter ended June 30, 2017, DAUs from European region increased to 271 million, while MAU’s grew to 360 million. In Q2 FY17, ARPU from the region came in at $6.28 versus $4.72 in the year ago comparable period.

Facebook had 453 million of DAUs and 756 million of MAUs in the Asia/Pacific region. ARPU from the region increased to $2.13 in Q2 FY17 from $1.77 in the prior year’s comparable quarter.

There are 419 million DAUs for Facebook from rest of the world, while MAUs from the region stood at 654 million. The region’s ARPU for Q2 FY17 was $1.48 which came in above the $1.13 recorded in the last year’s corresponding quarter.

Cash Flow & Balance Sheet

During the three-quarters ended on June 30, 2017, Facebook generated $5.36 billion of cash from operations compared to $3.67 billion in the previous year’s comparable period. In Q2 FY17, free cash flow came in at $3.92 billion compared to $2.67 billion in prior year’s same quarter. The Company had and cash equivalents and marketable securities balance of $6.25 billion as on June 30, 2017, versus $8.90 billion as on December 31, 2016.

Stock Performance

On Friday, July 28, 2017, the stock closed the trading session at $172.45, rising 1.18% from its previous closing price of $170.44. A total volume of 24.21 million shares have exchanged hands, which was higher than the 3-month average volume of 19.35 million shares. Facebook’s stock price soared 14.78% in the last three months, 30.47% in the past six months, and 37.96% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have skyrocketed 49.89%. The stock is trading at a PE ratio of 37.46. At Friday’s closing price, the stock’s net capitalization stands at $493.97 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD 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.

PRO-TD 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 contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (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 PRO-TD. PRO-TD 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

PRO-TD, 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. PRO-TD, 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, PRO-TD, 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 PRO-TD 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://protraderdaily.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: Pro-Trader Daily

ReleaseID: 470057

Research Desk Line-up: Baker Hughes, a GE company Post Earnings Coverage

LONDON, UK / ACCESSWIRE / July 31, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Halliburton Co. (NYSE: HAL), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=HAL, following the Company’s posting of its second quarter fiscal 2017 earnings results on July 24, 2017. The world’s No.3 oilfield services provider outperformed top- and bottom-line expectations. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member’s account at:

http://protraderdaily.com/register/

Get more of our free earnings reports coverage from other constituents of the Oil & Gas Equipment & Services industry. Pro-TD has currently selected Baker Hughes, a GE company (NYSE: BHGE) for due-diligence and potential coverage as the Company announced on July 28, 2017, its pre merger Baker Hughes Inc. financial results for Q2 2017. Register for a free membership today, and be among the early birds that get access to our report on Baker Hughes, a GE company when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on HAL; also brushing on BHGE. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=HAL

http://protraderdaily.com/optin/?symbol=BHGE

Earnings Reviewed

For the three months ended June 30, 2017, Halliburton reported revenue of $4.96 billion compared to revenue of $3.84 billion in Q2 2016. The Company’s revenue results exceeded analysts’ forecasts of $4.86 billion. Halliburton’s operating income totaled $146 million for Q2 2017 compared with operating loss of $3.88 billion in Q2 2016, while its total adjusted operating income for the reported quarter was $408 million. These results were primarily driven by continued strengthening of market conditions in North America, which were partially offset by pricing pressure internationally.

Halliburton’s corporate and other expense was $114 million in Q2 2017, inclusive of approximately $42 million of litigation settlements and a one-time executive compensation expense. Of the $42 million, $29 million is related to a loss contingency in connection with an understanding with the Securities and Exchange Commission (SEC) staff to settle the previously disclosed investigation of certain past matters related to the Company’s operations in Angola and Iraq.

Halliburton reported income from continuing operations of $28 million, or $0.03 per diluted share, for Q2 2017 compared with a loss of $3.21 billion, or $3.73 a share, in Q2 2016. The Company’s adjusted income from continuing operations for the reported quarter, excluding a fair market value adjustment associated with an expected promissory note in Venezuela, was $201 million, or $0.23 per diluted share, outperforming Wall Street’s expectations for earnings of $0.18 per share.

Operating Segments

During Q2 2017, Halliburton’s Completion and Production revenue totaled $3.1 billion, reflecting an increase of 20% from Q1 2017; while operating income was $397 million, an increase of $250 million on a q-o-q basis. The Company stated that these improvements were primarily driven by improved pressure pumping utilization and pricing in the United States land market, while they were also supported by increased well completion activity in the Gulf of Mexico, North Sea, and Russia.

Halliburton’s Drilling and Evaluation segment’s revenue rose 9% on a q-o-q basis to $1.8 billion, while the segment’s operating income was $125 million, an increase of $3 million compared to the previous quarter. These increases were primarily due to increased drilling activity in North America, Latin America, North Sea, and Russia.

Geographic Regions

On a geographical basis,, Halliburton’s revenue from North America surged 24% on a sequential basis to $2.8 billion, a 24%, driven by increased utilization and pricing throughout the United States land sector, particularly in pressure pumping and well construction product service lines as well as higher completion tool sales in the Gulf of Mexico. The Company’s International revenue in Q2 2017 was $2.2 billion, representing a 7% gain sequentially, resulting primarily from higher drilling activity in Latin America, increased well completion, and drilling services in Europe/Africa/CIS, and increased fluid activity in the Eastern Hemisphere.

Halliburton’s revenue from Latin America rose 10% in Q2 2017 to $508 million, driven by increased drilling activity in Mexico, Venezuela, and Colombia, as well as higher stimulation activity in Argentina. The Company’s revenue from Europe/Africa/CIS was $679 million in the reported quarter, reflecting a 12% gain on a q-o-q basis, primarily due to a seasonal rebound in the North Sea and Russia resulting in higher drilling, well completions and pipeline, and process service activity.

Halliburton’s revenue from Middle East/Asia revenue grew 2% to $1.0 billion in Q2 2017, primarily resulting from increased fluid services in Asia/Pacific and higher well wire-line and well completion activity in the Middle-East.

Cash Matters

Halliburton’s cash flow from operations during Q2 2017 was approximately $350 million, and the Company ended the reported quarter with approximately $2.1 billion in cash and equivalents. These results were largely driven by an improvement in Company’s days’ sales outstanding.

Stock Performance

On Friday, July 28, 2017, the stock closed the trading session at $42.93, slightly dropping 0.37% from its previous closing price of $43.09. A total volume of 8.86 million shares have exchanged hands. Halliburton’s stock price advanced 2.19% in the last one month and 0.37% in the previous twelve months. The stock has a dividend yield of 1.68%. The stock currently has a market cap of $37.40 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD 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.

PRO-TD 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 contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (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 PRO-TD. PRO-TD 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

PRO-TD, 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. PRO-TD, 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, PRO-TD, 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 PRO-TD 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://protraderdaily.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: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

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

SOURCE: Pro-Trader Daily

ReleaseID: 470064

NEW YORK, NY / ACCESSWIRE / July 31, 2017 / Stifel Financial Corp. (NYSE: SF) will be discussing their earnings results in their Q2 Earnings Call to be held July 31, 2017 at 8:00 AM Eastern Time.

To listen to the event live – visit https://www.investornetwork.com/company/2090.

Replay Information

The replay will be available online at https://www.investornetwork.com/company/2090.

About Investor Network

Investor Network (IN) is a new financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 470072

NEW YORK, NY / ACCESSWIRE / July 31, 2017 / XO GROUP INC. (NYSE: XOXO) will be discussing their earnings results in their Q2 Earnings Call to be held July 31, 2017 at 8:00 AM Eastern Time.

To listen to the event live – visit https://www.investornetwork.com/company/551.

Replay Information

The replay will be available online at https://www.investornetwork.com/company/551.

About Investor Network

Investor Network (IN) is a new financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 470073

Research Desk Line-up: Praxair Post Earnings Coverage

LONDON, UK / ACCESSWIRE / July 31, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Celanese Corp. (NYSE: CE), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=CE, following the Company’s announcement of its second quarter fiscal 2017 earnings results on July 24, 2017. The chemical Company surpassed top- and bottom-line expectations and also raised its adjusted earnings outlook for the fiscal year. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member’s account at:

http://protraderdaily.com/register/

Get more of our free earnings reports coverage from other constituents of the Chemicals – Major Diversified industry. Pro-TD has currently selected Praxair, Inc. (NYSE: PX) for due-diligence and potential coverage as the Company reported on July 27, 2017, its financial results for Q2 2017. Register for a free membership today, and be among the early birds that get access to our report on Praxair when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on CE; also brushing on PX. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=CE

http://protraderdaily.com/optin/?symbol=PX

Earnings Reviewed

For the quarter ended on June 30, 2017, Celanese reported revenue of $1.51 billion compared to revenue of $1.35 billion in Q2 2016. The Company’s revenue number exceeded Wall Street’s forecasts of $1.45 billion.

Celanese reported earnings of $231 million, or $1.72 per diluted share, for Q2 2017 compared with earnings of $221 million, or $1.50 per diluted share, in Q2 2016. The Company’s earnings, adjusted for non-recurring costs and to account for discontinued operations, were $1.79 per share, with both the reported and adjusted earnings a second quarter record. Celanese’s earnings numbers outperformed analysts’ estimates of $1.74 per share.

During Q2 2017, Celanese commercialized a record 547 projects, a 63% increase from the same period last year in engineered materials (AEM excluding affiliates). The Company increased the target for projects closed in 2017 to above 2000, a 44% gain over 2016. Celanese completed the acquisition of the nylon compounding division of Nilit Group (Nilit), a major independent producer of high-performance nylon polymers and compounds. This acquisition enhanced Celanese’s leadership position in Advanced Engineered Materials (AEM), enabling further success of the opportunity pipeline. The Company also confirmed that the Ibn Sina JV polyacetal (POM) facility in Jubail, Saudi Arabia is in the testing phase with production expected in Q3 2017.

Segment Results

During Q2 2017, Celanese’s Materials Solutions reported record net sales of $709 million, reflecting an 18% improvement on a y-o-y basis with Advanced Engineered Materials more than offsetting the decline in Consumer Specialties. The segment’s Advanced Engineered Materials generated record second quarter GAAP operating profit of $97 million and record second quarter segment’s income of $142 million. The Materials Solutions reported operating profit of $146 million compared to $162 million in Q2 2016.

During Q2 2017, Celanese’s Acetyl Chain reported revenue of $826 million compared to $780 million in Q2 2016. The segment’s GAAP operating profit surged 26% to $135 million on a y-o-y basis, while its core income rose 19% to $132 million y-o-y. During the planned turnaround in Clear Lake, Texas, the business leveraged its global production and supply chain capabilities and established product swaps to ensure reliability of supply to key customers. The segment’s GAAP operating margin of 16.3% and income margin of 16.0% were second quarter records.

Cash Flow

For Q2 2017, Celanese recorded operating cash flow of $298 million and free cash flow of $240 million. The Company’s capital expenditures were $54 million in the reported quarter. In Q2 2017, Celanese returned a total of $237 million cash to shareholders through $172 million in share buy-backs and $65 million in dividends. The Company targets at least $500 million in shares repurchased in 2017.

Outlook

Celanese is expecting its Advanced Engineered Materials to generate outsized earnings growth propelled by a vibrant project pipeline and early success from integrating SO.F.TER. and Nilit. The Company estimates Acetyl Chain to drive earnings growth in H2 2017 by leveraging raw material volatility and higher volumes as Clear Lake returns to pre-turnaround capacity. Celanese stated that targeting productivity savings of approximately $100 million are on target for 2-17 supported by initiatives across the company. Buoyed by success in Q2 2017, the Company has raised its adjusted earnings growth forecast to 9%-11% for FY17.

Stock Performance

At the closing bell, on Friday, July 28, 2017, Celanese’s stock rose 1.31%, ending the trading session at $94.58. A total volume of 1.29 million shares have exchanged hands, which was higher than the 3-month average volume of 940.36 thousand shares. The Company’s stock price soared 8.66% in the last three months, 11.14% in the past six months, and 42.91% in the previous twelve months. Moreover, the stock surged 20.12% since the start of the year. The stock is trading at a PE ratio of 15.85 and has a dividend yield of 1.95%. The stock currently has a market cap of $13.11 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD 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.

PRO-TD 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 contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (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 PRO-TD. PRO-TD 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

PRO-TD, 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. PRO-TD, 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, PRO-TD, 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 PRO-TD 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://protraderdaily.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: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

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

SOURCE: Pro-Trader Daily

ReleaseID: 470052

ANAHEIM, CA / ACCESSWIRE / July 31, 2017 / BioCorRx Inc. (OTCQB: BICX) (the “Company”), a developer and provider of advanced solutions in the treatment of alcohol and opioid addictions, today announced that the Serrano KVAC clinic, an affiliate of the Serrano Kidney and Vascular Access Center of California, in conjunction with Serrano KVAC’s partner CereCare, LLC, will implement the BioCorRx Recovery Program for the Hispanic market in Los Angeles, California.

Brady Granier, CEO, President, and Director of BioCorRx, stated, “This marks the first clinic offering of our program specifically to the Hispanic market. Our program has been translated into Spanish to service the Hispanic population in Los Angeles and elsewhere as needed. We are very pleased to partner with Dr. Feliciano Serrano, a leading nephrologist and vascular physician, who understands the importance of providing cutting-edge treatment for individuals with dependence on alcohol or opioids, especially within underserved communities.”

Dr. Serrano added, “We have been searching for solutions in this area of Los Angeles where there are very limited if any, options for those families suffering from substance use disorder. We are very impressed with the work put into the development of the BioCorRx Recovery Program and look forward to treating our patients with it. We plan to begin awareness campaigns immediately through key media channels including Estrella TV where we will be showcasing the program on a reality TV show called EL DOC. We also plan to advertise in EL AVISO, a popular Spanish magazine, to further reach the Hispanic community of Los Angeles and will encourage those needing help to come and see us. No green card, medical insurance, or upfront cash will be needed to see us for help. If they bring the will to quit and change their life, we will find a way to help them.”

About Serrano KVAC:

The Serrano KVAC, an affiliate of the Serrano Kidney and Vascular Access Center of Huntington Park, California was founded recently by Dr. Feliciano Serrano to combat the rising tide of substance use disorders in Latino communities. Dr. Serrano is one of the leading kidney and vascular surgeons in Southern California with a very large and successful Hispanic-focused practice in central Los Angeles. Dr. Serrano has recognized the critical need for addiction services in his community and by teaming with CereCare, LLC and BioCorRx, he will now be able to offer innovative treatment modalities to his patients that offer the promise of sustainable sobriety. Dr. Serrano’s clinic will be the first to offer this innovative treatment program to the Hispanic community in the Los Angeles area.

About CereCare, LLC:

CereCare, LLC is a Nevada corporation focused on facilitating the provisioning of leading edge treatment solutions to those suffering from substance use disorders and other brain related conditions. The company has teamed with leading scientists nationwide to develop these treatment modalities, which uniquely focus on dysfunctional brain conditions and the pathways to treating these brain diseases. The Serrano KVAC is the first medical center in the nation that will be offering CereCare’s advanced treatment modalities.

About BioCorRx:

BioCorRx Inc. (OTCQB: BICX) is an addiction treatment company offering a unique approach to the treatment of substance abuse addiction. The BioCorRx® Recovery Program, a non-addictive, medication-assisted treatment (MAT) program, consists of two main components. The first component of the program consists of an outpatient implant procedure performed by a licensed physician. The implant delivers the non-addictive medicine, naltrexone, an opioid antagonist that can significantly reduce physical cravings for alcohol and opioids. The second component of the program developed by BioCorRx Inc. is a proprietary counseling program (plus peer support program) specifically tailored for the treatment of alcoholism and other substance abuse addictions for those receiving long-term naltrexone treatment. The Company also has an R&D subsidiary, BioCorRx Pharmaceuticals, which is currently developing a new injectable naltrexone technology (BICX101) through a partnership with TheraKine Ltd. The company plans to seek FDA approval for BICX101 and/or its naltrexone implant product(s). For more information on BICX, visit www.BioCorRx.com.

Safe Harbor Statement:

The information in this release includes forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties. Although the Company believes that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof.

Contact:

BioCorRx Inc.
investors@BioCorRx.com
714-462-4880

Investor Relations:

Crescendo Communications, LLC
(212) 671-1020 x304
bicx@crescendo-ir.com

SOURCE: BioCorRx Inc.

ReleaseID: 470025

LONDON, UK / ACCESSWIRE / July 31, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Arconic Inc. (NYSE: ARNC), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=ARNC, following the Company’s posting of its financial results on July 24, 2017, for the second quarter fiscal 2017. The Company’s net income increased 57% on a y-o-y basis. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member’s account at:

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At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on ARNC. With the links below you can directly download the report of your stock of interest free of charge at:

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Earnings Reviewed

For three months ended June 30, 2017, Arconic’s revenue increased 61 basis points on a y-o-y basis to $3.26 billion from $3.23 billion in Q2 FY16. The increase was mainly due to the volume increase in all three segments and higher aluminum prices. The Company’s revenue surpassed analysts’ expectations of $3.23 billion.

During Q2 FY17, Arconic’s selling, general, and administrative expenses (SG&A) decreased 14.6% to $204 million from $239 million in the same quarter last year. For the reported quarter, the Company’s operating income decreased 71 basis points to $281 million from $283 million in Q2 FY16.

For the reported quarter, Arconic’s adjusted EBITDA increased 3.3% to $444 million from $430 million in Q2 FY16. During Q2 FY17, the Company’s EBITDA margin increased 30 basis points to 13.6% from 13.3% in the same quarter last year.

For the reported quarter, Arconic’s net income increased 57% to $212 million on a y-o-y basis from $135 million in Q2 FY16. During Q2 FY17, the Company’s adjusted net income remained flat at $165 million. During Q2 FY17, Arconic’s adjusted EPS decreased 3% to $0.32 on a y-o-y basis from $0.33 in Q2 FY16. The adjusted EPS surpassed analysts’ expectations of $0.27.

Segment Detail

Engineered Products and Solutions (EP&S) -For the reported quarter, Arconic’s engineered products and solutions segment’s revenue increased 68 basis points on a y-o-y basis to $1.48 billion from $1.47 in Q2 FY16. During Q2 FY17, the segment’s adjusted EBITDA decreased 5.8% to $310 million from $329 million in the same quarter last year. During Q2 FY17, the segment’s adjusted EBITDA margin decreased 160 basis points to 20.9% on a y-o-y basis from 22.5% in Q2 FY16.

Global Rolled Products (GRP) – For the reported quarter, Arconic’s global rolled products segment’s revenue decreased 3.8% on a y-o-y basis to $1.27 billion from $1.32 billion in Q2 FY16. During Q2 FY17, the segment’s adjusted EBITDA increased 61 basis points to $164 million on a y-o-y basis from $163 million in the same quarter last year. During Q2 FY17, the segment’s adjusted EBITDA margin increased 50 basis points to 12.9% on a y-o-y basis from 12.4% in Q2 FY16.

Transportation and Construction Solutions (TCS) – For the reported quarter, Arconic’s transportation and construction solutions segment’s revenue increased 7.3% to $501 million on a y-o-y basis from $467 million in Q2 FY16. During Q2 FY17, the segment’s adjusted EBITDA increased 7.9% to $82 million from $76 million in the same quarter last year. During Q2 FY17, the segment’s adjusted EBITDA margin increased 10 basis points to 16.4% on a y-o-y basis from 16.3% in Q2 FY16.

Balance Sheet

As on June 30, 2017, Arconic’s cash & cash equivalents decreased 7.3% to $1.79 billion from $1.93 billion in Q2 FY16. For the reported quarter, the Company’s cash from operations decreased 34.6% to $217 million from $332 million in Q2 FY16.

During Q2 FY17, Arconic’s inventories increased 7.6% to $2.42 billion compared to $2.25 billion in Q4 FY16. For the reported quarter, the Company’s net debt decreased 18.6% to $5.06 billion from $6.22 billion in Q2 FY16.

For the reported quarter, ARNC’s free cash flow increased 65.5% to $91 million from $55 million in Q2 FY16.

Outlook

For FY17, Arconic is expecting revenue to be in the range of $12.3billion-$12.7 billion and adjusted EBITDA excluding special items to be in the band of $1.81 billion-$1.86 billion. The Company forecasts adjusted EPS to be in the range of $1.12-$1.20 for fiscal 2017.

Stock Performance

On Friday, July 28, 2017, the stock closed the trading session at $24.95, marginally down 0.68% from its previous closing price of $25.12. A total volume of 1.88 million shares have exchanged hands. Arconic’s stock price surged 8.01% in the last one month, 10.40% in the past six months, and 3.88% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have soared 34.57%. The stock has a dividend yield of 0.96%. The stock currently has a market cap of $11.08 billion.

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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 contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (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 PRO-TD. PRO-TD 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

PRO-TD, 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. PRO-TD, 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, PRO-TD, 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 PRO-TD 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://protraderdaily.com/disclaimer/.

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SOURCE: Pro-Trader Daily

ReleaseID: 470050

NEW YORK, NY / ACCESSWIRE / July 31, 2017 / New Residential Investment Corp. (NYSE: NRZ) will be discussing their earnings results in their Q2 Earnings Call to be held July 31, 2017at 8:00 AM Eastern Time.

To listen to the event live – visit https://www.investornetwork.com/company/1311.

Replay Information

The replay will be available online at https://www.investornetwork.com/company/1311.

About Investor Network

Investor Network (IN) is a new financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 470071

Research Desk Line-up: Baidu Post Earnings Coverage

LONDON, UK / ACCESSWIRE / July 31, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=GOOGL, following the Company’s release of its financial on July 24, 2017, results for the second quarter fiscal 2017 (Q2 FY17). The Mountain View, California-based Company’s revenues rose 21% y-o-y, beating market consensus estimates. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member’s account at:

http://protraderdaily.com/register/

Get more of our free earnings reports coverage from other constituents of the Internet Information Providers industry. Pro-TD has currently selected Baidu, Inc. (NASDAQ: BIDU) for due-diligence and potential coverage as the Company announced on July 27, 2017, its unaudited financial results for Q2 2017 which ended on June 30, 2017. Register for a free membership today, and be among the early birds that get access to our report on Baidu when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on GOOGL; also brushing on BIDU. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=GOOGL

http://protraderdaily.com/optin/?symbol=BIDU

Earnings Reviewed

For the three months ended on June 30, 2017, Alphabet reported revenues of $26.01 billion, which came in above the $21.50 billion recorded at the end of Q2 FY16. Revenue numbers for the reported quarter topped market expectations of $20.83 billion. Furthermore, the Company’s revenues were up 23% y-o-y on a constant currency basis.

The internet search engine leader reported Q2 FY17 net income of $3.52 billion, or $5.01 per diluted share, compared to $4.88 billion, or $7.00 per diluted share, in Q2 FY16. Meanwhile, the Company reported non-GAAP net income of $6.26 billion, or $8.90 per diluted share, in Q2 FY17, which came in above Wall Street’s estimates of $8.17 per share.

Operating Metrics

In Q2 FY17, the Company incurred total costs and expenses of $21.88 billion, up from $15.53 billion in the previous year’s comparable quarter. The Company posted income from operations of $4.13 billion in Q2 FY17 compared to $5.97 billion in past year’s same period. Alphabet’s operating margin was down to 16% in Q2 FY17 from 28% in the year-ago same quarter. Furthermore, the Company’s income before income taxes came in at $4.38 billion for Q2 FY17 compared to $6.12 billion in Q2 FY16.

Segment Performance

During Q2 FY17, Google segment’s revenues were $25.76 billion compared to $21.32 billion in the previous year’s corresponding period. Additionally, the segment’s operating income grew to $7.80 billion in Q2 FY17 from $6.99 billion in Q2 FY16.

Alphabet’s Other Bets segment’s revenues increased to $248 million in Q2 FY17 from $185 million in the prior year’s same quarter. However, the segment’s reported an operating loss of $772 million in the reported quarter compared to an operating loss of $855 million in Q2 FY16.

Geographical Contribution

In Q2 FY17, the Company’s US revenue increased 23% to $12.32 billion from $10.04 billion in the prior year’s corresponding quarter. For the reported quarter, Europe, Middle-East, and Africa (EMEA)’s revenue was up by 14% to $8.55 billion in Q2 FY17 from $7.49 billion in Q2 FY16. Meanwhile, on a constant currency basis, EMEA’s revenues grew 21% y-o-y to $8.95 billion in Q2 FY17. The Asia/Pacific Countries (APAC) region contributed $3.73 billion to Alphabet’s total revenues in Q2 FY17, up 28% y-o-y. On a constant currency basis, revenues from APAC region were up 27% y-o-y to $3.70 billion in Q2 FY17. Furthermore, Other Americas region’s revenues surged 31% y-o-y to $1.41 billion in Q2 FY17.

Cash Flow & Balance Sheet

In the reported quarter, Alphabet’s net cash provided by operating activities came in at $7.40 billion versus $9.12 billion in the year ago’s comparable quarter. The Company reported free cash flow amounting to $4.57 billion in Q2 FY17.

The Company had cash, cash equivalents, and marketable securities balance of $94.71 billion as on June 30, 2017, compared to $86.33 billion at the close of books on December 31, 2016. Furthermore, the Company ended the quarter with long-term debt of $3.96 billion, while it had long-term debt amounting to $3.94 billion as on December 31, 2016.

Stock Performance

Alphabet’s share price finished last Friday’s trading session at $941.53, slightly up 0.80%. A total volume of 1.80 million shares have exchanged hands, which was higher than the 3-month average volume of 1.78 million shares. The Company’s stock price surged 3.93% in the last three months, 14.36% in the past six months, and 26.23% in the previous twelve months. Additionally, the stock rallied 21.99% since the start of the year. Shares of the Company have a PE ratio of 31.82 and currently have a market cap of $641.10 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD 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.

PRO-TD 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 contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (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 PRO-TD. PRO-TD 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

PRO-TD, 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. PRO-TD, 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, PRO-TD, 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 PRO-TD 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://protraderdaily.com/disclaimer/.

CONTACT

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SOURCE: Pro-Trader Daily

ReleaseID: 470049

LONDON, UK / ACCESSWIRE / July 31, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Barington/Hilco Acquisition Corp. (NASDAQ: BHAC) (“Barington/Hilco”), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=BHAC. The Company announced on July 28, 2017, that it intends to adjourn, without conducting any business, the special meeting of stockholders scheduled on 10.00 ET on July 31, 2017, and reconvene at 10.00 ET on August 09, 2017. The Special Meeting will be held at the offices of Kramer Levin Naftalis & Frankel LLP, 1177 Avenue of the Americas, New York, NY 10036. Barington/Hilco is a blank check acquisition company which enters into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination. For immediate access to our complimentary reports, including today’s coverage, register for free now at:

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At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on BHAC. Go directly to your stock of interest and access today’s free coverage at:

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The Special Meeting

The Special Meeting is being held to permit stockholders to vote upon a proposal to extend the time available for the Company to consummate a business combination from August 11, 2017, to December 31, 2017. Barington/Hilco entered into a merger agreement with Oomba, Inc., a specialized media, and software development Company. The Company is holding the Special Meeting so as to provide it with sufficient time to close the transactions set forth by the Merger Agreement.

In relation to the adjournment of the Special Meeting, the Company announced that it is extending the deadline for holders of the Company’s common stock to exercise their right to redeem their shares for their pro-rata portion of the funds available in the Company’s trust account in connection with the vote to approve the extension. Stockholders of record as of June 30, 2017, will be entitled to vote at the Special Meeting.

The Agreement

On May 16, 2017, Barington/Hilco announced that it had signed a definitive merger agreement with Oomba. Oomba also entered into an Asset Purchase Agreement with GameWorks Entertainment, LLC, a premier entertainment and gaming venue. Post the closure of the agreement, it was announced that the merged entity would operate as Oomba GameWorks. Oomba announced the purchase of assets of GameWorks Entertainment, LLC, and the merging of the Combined Company into a company with an agreed enterprise value of $60 million. Oomba GameWorks operates nine locations in large metropolitan areas across the United States.

Barington/Hilco viewed this announcement as a step to deliver tremendous value to its shareholders while realizing the unique portfolio of GameWorks and Oomba. Oomba is a growth-oriented company which announced further expansion into eSports and virtual reality (VR). According to Oomba, these two segments were the fastest-growing in the entertainment space. It is the Company’s vision to transform GameWorks into the largest chain of eSports stadiums across the United States.

Other Announcements

On July 24, 2017, the Company facilitated the auction of a former General Electric (NYSE: GE) plant site just south of downtown, in Youngstown, Ohio. The 2.9-acre site at Market and Hughes streets sold for $95,000 in an online auction, $20,000 more for the minimum bid for the property. Barington/Hilco, according to GameWorks, holds extensive experience in advising consumer-focused businesses, where the agreement with Oomba provides significant resources to support the planned development of a nationwide network of Oomba GameWorks locations.

Last Close Stock Review

At the closing bell, on Tuesday, July 25, 2017, Barington/Hilco’s stock ended the trading session flat at $10.24 with an average volume of 11.87 thousand shares. The Company’s stock price advanced 1.39% in the last three months and 4.60% in the past six months. Moreover, the stock gained 0.79% since the start of the year. The stock currently has a market cap of $19.53 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD 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.

PRO-TD 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 contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (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 PRO-TD. PRO-TD 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

PRO-TD, 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. PRO-TD, 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, PRO-TD, 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 PRO-TD 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://protraderdaily.com/disclaimer/.

CONTACT

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SOURCE: Pro-Trader Daily

ReleaseID: 470051