LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors has a free review on Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR) following the Company’s announcement that it will begin trading ex-dividend on December 27, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on December 26, 2017. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on WHLR:

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Dividend Declared

On December 14, 2017, Wheeler REIT announced that its Board of Directors has authorized a $0.34 per share cash dividend for shareholders of record of the Company’s common stock on December 28, 2017, to be paid on or about January 15, 2018.

Wheeler REIT’s indicated dividend represents a yield of 12.78%, which is substantially above the average dividend yield of 3.79% for the financial sector.

Dividend Insights

Wheeler REIT has a dividend payout ratio of 90.7%, which denotes that the Company distributes approximately $0.91for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts’ estimates, Wheeler REIT is forecasted to report negative earnings of $2.11 for the next year compared to the Company’s annualized dividend of $1.36. One of the primary reasons for the difference between earnings and annualized dividend is that Wheeler REIT is a Real Estate Investment Trust which is structured by law to distribute at least 90% of earnings. Moreover, since REITs generate income from owning portfolios of investment real estate, they are likely to have higher depreciation charges.

Since depreciation is a non-cash charge, it does not directly impact the ability of dividend the companies can distribute. For this reason, Fund from Operations (FFO) is calculated by adding depreciation and amortization to earnings and subtracting any gains on sales which then provides a better picture of any company’s profitability and capacity to pay and to sustain dividends. For instance, Wheeler REIT reported net loss attributable to common stock shareholders of $4.6 million for the three months ended September 30, 2017, or $0.52 per basic and diluted share, compared to a net loss of $2.8 million, or $0.32 per basic and diluted share, for the year-ago same period. On the other hand, the Company posted FFO available to Common Stock shareholders and holders of OP Units of $3.3 million for the three months ended September 30, 2017, or $0.35 per share of Common Stock and OP Unit, compared to $2.2 million, or $0.24 per share of Common Stock and OP Unit, for the prior year’s same period. Wheeler REIT’s adjusted funds from operations (AFFO) was $4.0 million, or $0.43 per share, for the reported quarter compared to AFFO of $2.7 million, or $0.29 per share of Common Stock and OP Unit, for the year-earlier corresponding quarter. The FFO indicates that the Company should be able to comfortably cover its dividend payout.

As of September 30, 2017, Wheeler REIT’s cash and cash equivalents were $5.7 million at September 30, 2017, compared to $4.9 million at December 31, 2016. The Company’s total debt was $312.8 million at September 30, 2017, compared to $315.0 million at December 31, 2016. Wheeler REIT’s weighted-average interest rate and term of its debt was 4.5% and 4.8 years, respectively, at September 30, 2017, compared to 4.3% and 5.55 years, respectively, at December 31, 2016. The Company’s strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

About Wheeler Real Estate Investment Trust, Inc.

Headquartered in Virginia Beach, Virginia, Wheeler REIT is a fully-integrated, self-managed commercial real estate investment company focused on acquiring and managing income-producing retail properties with a primary focus on grocery-anchored centers. Wheeler’s portfolio contains well-located, potentially dominant retail properties in secondary and tertiary markets that generate attractive, risk-adjusted returns, with emphasis on grocery-anchored retail centers.

Stock Performance Snapshot

December 22, 2017 – At Friday’s closing bell, Wheeler REIT’s stock rose 3.94%, ending the trading session at $11.08.

Volume traded for the day: 114.78 thousand shares, which was above the 3-month average volume of 85.21 thousand shares.

Stock performance in the last month – up 9.81%; and previous six-month period – up 6.03%

After last Friday’s close, Wheeler REIT’s market cap was at $96.32 million.

The stock has a dividend yield of 12.27%.

The stock is part of the Financial sector, categorized under the REIT – Retail industry.

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ReleaseID: 484915

LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free earnings report on MAXIMUS, Inc. (NYSE: MMS). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MMS. The Company posted its financial results on November 09, 2017, for the fourth quarter of the fiscal year 2017. The government health services provider’s revenue and EPS surpassed analysts’ expectations. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Earnings Highlights and Summary

For the three months ended September 30, 2017, MAXIMUS’ revenue decreased 0.4% to $620.90 million from $623.09 million in Q4 FY16. The Company’s revenue numbers surpassed analysts’ expectations of $606.9 million.

During FY17, the Company’s revenue increased 2% to $2.45 billion from $2.40 billion in FY16.

During Q4 FY17, MAXIMUS’ gross profit increased 6.3% to $162.58 million from $152.93 million in the same period of last year. For the reported quarter, the Company’s gross margin increased 170 basis points to 26.2% of revenue from 24.5% of revenue in Q4 FY16.

During FY17, the Company’s gross profit increased 8.8% to $611.91 million from $562.19 million in FY16. During FY17, the Company’s gross margin increased 160 basis points to 25% of revenue from 23.4% of revenue in FY16.

During Q4 FY17, MAXIMUS’ operating income decreased 4.6% to $77.59 million from $81.31 million in the comparable period of last year. For the reported quarter, the Company’s operating margin decreased 50 basis points to 12.5% of revenue from 13.0% of revenue in Q4 FY16.

During FY17, the Company’s operating income increased 9.4% to $313.51 million from $286.60 million in FY16. During FY17, the Company’s operating margin increased 90 basis points to 12.8% of revenue from 11.9% of revenue in FY16.

During Q4 FY17, MAXIMUS’ earnings before tax (EBT) decreased 2.7% to $78.38 million from $80.56 million in the corresponding period of last year. For the reported quarter, the Company’s EBT margin decreased 30 basis points to 12.6% of revenue from 12.9% of revenue in Q4 FY16.

For the reported quarter, MAXIMUS’ net income increased 5.1% to $53.33 million on a y-o-y basis from $50.74 million in Q4 FY16. During Q4 FY17, the Company’s diluted earnings per share (EPS) increased 5.2% $0.81 on a y-o-y basis from $0.77 in Q4 FY16, surpassing analysts’ expectations of $0.77.

During FY17, the Company’s net income increased 17.4% to $209.43 million from $178.36 million in FY16. During FY17, the Company’s diluted EPS increased 17.8% to $3.17 from $2.69 in FY16.

Segment Details

Health Services – During Q4 FY17, the Company’s Health Services segment’s revenue increased 3.9% to $355.34 million from $342.14 million in the same period of last year. For the reported quarter, the segment’s gross profit increased 23.1% to $99.37 million from $80.72 million in Q4 FY16. For the reported quarter, the segment’s operating income increased 12.1% to $57.02 million from $50.87 million in Q4 FY16.

US Federal Services – During Q4 FY17, the Company’s US Federal Services segment’s revenue decreased 13.2% to $127.32 million from $146.65 million in the comparable period of last year. For the reported quarter, the segment’s gross profit decreased 15.9% to $31.55 million from $37.53 million in Q4 FY16. For the reported quarter, the segment’s operating income decreased 26.8% to $13.58 million from $18.56 million in Q4 FY16.

Human Services – During Q4 FY17, the Company’s Human Services segment’s revenue increased 2.9% to $138.25 million from $134.31 million in the corresponding period of last year. For the reported quarter, the segment’s gross profit decreased 8.7% to $31.67 million from $34.68 million in Q4 FY16. For the reported quarter, the segment’s operating income decreased 25.5% to $10.82 million from $14.53 million in Q4 FY16.

Balance Sheet

As on September 30, 2017, MAXIMUS’ cash and cash equivalents increased 151.1% to $166.25 million from $66.20 million as on September 30, 2016. For the reported quarter, the Company’s long-term debt decreased 99.7% to $527,000 from $165.34 million in Q4 FY16.

For the reported quarter, the Company’s operating cash flow increased 18.4% to $85.10 million from $71.89 million in Q4 FY16. For the reported quarter, the Company’s free cash flow increased 34.3% to $80.04 million from $59.61 million in Q4 FY16.

Outlook

For Q1 FY18, the Company expects revenue to be in the range of $2.48 billion – $2.55 billion, and adjusted diluted EPS to be in the band of $3.07 – $3.27.

Stock Performance Snapshot

December 22, 2017 – At Friday’s closing bell, MAXIMUS’ stock was slightly down 0.21%, ending the trading session at $71.03.

Volume traded for the day: 315.15 thousand shares, which was above the 3-month average volume of 299.12 thousand shares.

Stock performance in the last month – up 5.79%; previous three-month period – up 10.31%; past twelve-month period – up 31.27%; and year-to-date – up 27.32%

After last Friday’s close, MAXIMUS’ market cap was at $4.64 billion.

Price to Earnings (P/E) ratio was at 22.41.

The stock has a dividend yield of 0.25%.

The stock is part of the Services sector, categorized under the Business Services industry. This sector was flat at the end of the session.

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NO WARRANTY

A-I, 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. A-I, 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, A-I, 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

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ReleaseID: 484907

Stock Monitor: EMCORE Post Earnings Reporting

LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free earnings report on Microsemi Corp. (NASDAQ: MSCC). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MSCC. The Company posted its financial results on November 09, 2017, for the fourth quarter fiscal 2017. The Company’s net revenue and adjusted EPS surpassed analysts’ expectations. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Earnings Highlights and Summary

For three months ended October 01, 2017, Microsemi’s net revenue increased 5.6% to $475.3 million from $450.1 million in Q4 FY16. The Company’s net revenue surpassed analysts’ expectations of $474.9 million.

During FY17, the Company’s net revenue increased 9.5% to $1.81 billion from $1.66 billion in FY16.

During Q4 FY17, Microsemi’s gross profit increased 7.9% to $304.1 million from $281.8 million in the same period last year. For the reported quarter, the Company’s gross margin increased 140 basis points to 64% of revenue from 62.6% of revenue in Q4 FY16. During Q4 FY17, Microsemi’s adjusted gross profit increased 8.7% to $306.2 million from $281.8 million in the same period last year. For the reported quarter, the Company’s adjusted gross margin increased 180 basis points to 64.4% of revenue from 62.6% of revenue in Q4 FY16.

During FY17, the Company’s gross profit increased 23.5% to $1.16 billion from $937.1 million in FY16. For FY17, the Company’s gross margin increased 730 basis points to 63.9% of revenue from 56.6% of revenue in FY16.

During Q4 FY17, Microsemi’s operating income increased 18.2% to $75.4 million from $63.8 million in the same period last year. For the reported quarter, the Company’s operating margin increased 170 basis points to 15.9% of revenue, from 14.2% of revenue in Q4 FY16. During Q4 FY17, Microsemi’s adjusted operating income increased 14.7% to $160.0 million from $139.5 million in the same period last year. For the reported quarter, adjusted operating margin increased 270 basis points to 33.7% of revenue from 31.0% of revenue in Q4 FY16.

During FY17, the Company’s operating income increased 403.4% to $270.3 million from $53.7 million in FY16. During FY17, the Company’s operating margin increased 1170 basis points to 14.9% of revenue from 3.2% of revenue in FY16.

During Q4 FY17, Microsemi’s EBT increased 48.5% to $53.3 million from $35.9 million in the same period last year. For the reported quarter, the Company’s earnings before tax (EBT) margin increased 320 basis points to 11.2% of revenue from 8% of revenue in Q4 FY16.

For the reported quarter, Microsemi’s net income increased 151.9% to $102.0 million on a y-o-y basis from $40.5 million in Q4 FY16. During Q4 FY17, the Company’s diluted EPS increased 148.6% $0.87 on a y-o-y basis from $0.35 in the same period last year. For the reported quarter, Microsemi’s adjusted net income increased 22.2% to $128.2 million on a y-o-y basis from $104.9 million in Q4 FY16. During Q4 FY17, the Company’s adjusted diluted EPS increased 19.8% to $1.09 on a y-o-y basis from $0.91 in the same period last year. Adjusted diluted EPS surpassed analysts’ expectations of $1.08.

During FY17, the Company’s net income was $176.3 million compared to net loss of $32.6 million in FY16. For FY17, the Company’s diluted EPS was positive $1.51 compared to negative $0.31 in FY16. During FY17, the Company’s adjusted net income increased 35.3% to $450.3 million from $332.8 million in FY16. During FY17, the Company’s adjusted diluted EPS increased 26.2% to $3.85 from $3.05 in FY16.

Balance Sheet

As on October 01, 2017, Microsemi’s cash and cash equivalents decreased 23.5% to $144.9 million from $189.5 million on October 02, 2016. For the reported quarter, the Company’s debt decreased 18.8% to $1.74 billion from $2.14 billion in Q4 FY16.

For the reported quarter, the Company’s net accounts receivables increased 9.3% to $267.9 million from $245.2 million in Q4 FY16. For the reported quarter, the Company’s accounts payable and accrued liabilities increased 46.2% to $164.9 million from $112.8 million in Q4 FY16.

For the reported quarter, the Company’s operating cash flow increased 20.9% to $156.9 million from $129.8 million in Q4 FY16. In Q4 FY17, the Company’s free cash flow increased 20.9% to $139.3 million from $115.2 million in Q4 FY16.

Outlook

For Q1 FY18, the Company expects net revenue to be in the range of $448 million to $472 million and adjusted diluted EPS to be in the range of $0.95 to $1.07.

Stock Performance Snapshot

December 22, 2017 – At Friday’s closing bell, Microsemi’s stock was slightly down 0.72%, ending the trading session at $52.19.

Volume traded for the day: 263.21 thousand shares.

Stock performance in the last three-month period – up 5.61%; and past six-month period – up 8.91%

After last Friday’s close, Microsemi’s market cap was at $6.18 billion.

Price to Earnings (P/E) ratio was at 34.79.

The stock is part of the Technology sector, categorized under the Semiconductor – Integrated Circuits industry.

Active-Investors:

Active-Investors (A-I) 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. A-I 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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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@active-investors.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 A-I. A-I 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

A-I, 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. A-I, 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, A-I, 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 A-I 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://active-investors.com/legal-disclaimer/.

CONTACT

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ReleaseID: 484908

Stock Monitor: JinkoSolar Post Earnings Reporting

LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free earnings report on NVIDIA Corp. (NASDAQ: NVDA). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=NVDA. NVIDIA reported its third quarter fiscal 2018 operating results on November 08, 2017. The Chipmaker outperformed top- and bottom-line expectations and provided outlook for the upcoming quarter. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for JinkoSolar Holding Co., Ltd. (NYSE: JKS), which also belongs to the Technology sector as the Company NVIDIA. Do not miss out and become a member today for free to access this upcoming report at:

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Earnings Highlights and Summary

NVIDIA today reported record revenue for the third quarter ended October 29, 2017, of $2.64 billion, up 32% from $2.00 billion in Q3 FY18. Growth was driven by graphics processing unit (GPU) for gaming, datacenter, and professional visualization, as well as Tegra® processors. The Company’s revenue numbers surpassed analysts’ expectations of $2.36 billion.

During Q3 FY18, NVIDIA’s GAAP gross margin was 59.5% and non-GAAP gross margin was 59.7%, increasing from the prior year due to strong growth in datacenter revenue and the mix within the Company’s gaming GPUs. NVIDIA’s GAAP operating income totaled $895 million for the reported quarter, up 40% on a y-o-y basis. The Company’s non-GAAP operating income surged 42% $1.01 billion, up 42% on a y-o-y basis.

During Q3 FY18, NVIDIA’s GAAP net income was a record $838 million and earnings per diluted share were $1.33, up 55% and 60%, respectively, on a y-o-y basis. The Company’s non-GAAP net income were a record $833 million and earnings per diluted share were $1.33, up 46% and 41% on a y-o-y basis, respectively, from the year earlier corresponding quarter, fueled by strong revenue growth and improved gross and operating margins. NVIDIA’s earnings beat Wall Street’s estimates of $0.94 per share.

NVIDIA’s Segment Results

During Q3 FY18, the GPU business’ revenue was $2.22 billion, up 31% y-o-y from a year earlier, with strength across all platforms, including gaming, datacenter, and professional visualization platforms. The Company posted record GeForce GPU gaming revenue of $1.56 billion, led by continued strong adoption of Pascal™-based GeForce® GTX gaming platforms.

During Q3 FY18, the Datacenter revenue was a record $501 million, up 109% on a y-o-y basis, reflecting shipments of the Company’s Volta GPU architecture. NVIDIA’s Datacenter growth was fueled by strong demand by hyperscale and cloud customers for deep learning training and accelerated GPU computing, as well as demand for HPC, DGX AI supercomputing, and GRID virtualization platforms. For Q3 FY18, NVIDIA’s professional visualization revenue grew 15% on a y-o-y basis to a record $239 million, led by high-end mobile platforms.

For Q3 FY18, the Tegra Processor business’ revenue, which included gaming development platforms and services, totaled $419 million, up 74% on a y-o-y basis. The Tegra Processor business’ revenue included SOC modules for the Nintendo Switch gaming console and development services.

Balance Sheet and Cash Flow

NVIDIA’s cash, cash equivalents, and marketable securities at the end of Q3 FY18 were $6.32 billion compared to $5.88 billion at the end of Q2 FY18.

During Q3 FY18, NVIDIA’s accounts receivable was $1.17 billion compared to $1.21 billion in the prior quarter. The Company’s DSO at quarter-end was 40 days, down from 49 days in the prior quarter.

For Q3 FY18, NVIDIA’s cash flow from operating activities was a record $1.16 billion, up from $705 million in Q2 FY18. The sequential increase was primarily due to growth in net income and strong collections of accounts receivable and other changes in working capital.

During Q3 FY18, NVIDIA’s free cash flow was $1.09 billion compared to $650 million in Q2 FY18. The Company’s depreciation and amortization (D&A) expense amounted to $50 million for the reported quarter.

Capital Return

During the first nine months of fiscal 2018, NVIDIA returned to shareholders $909 million in share repurchases and $250 million in cash dividends. As a result, the Company returned an aggregate of $1.16 billion to shareholders in the first nine months of the fiscal year. The Company intends to return $1.25 billion to shareholders in fiscal 2018.

For fiscal 2019, NVIDIA intends to return $1.25 billion to shareholders through ongoing quarterly cash dividends and share repurchases.

Outlook

For the fourth quarter of fiscal 2018, NVIDIA is forecasting revenue to be in the range of $2.65 billion, plus or minus 2%. The Company’s GAAP and non-GAAP gross margins are expected to be 59.7% and 60.0%, respectively, plus or minus 50 basis points. During Q4 FY18, NVIDIA’s GAAP and non-GAAP operating expenses are expected to be approximately $722 million and $600 million, respectively.

Stock Performance Snapshot

December 22, 2017 – At Friday’s closing bell, NVIDIA’s stock slightly dropped 0.32%, ending the trading session at $195.27.

Volume traded for the day: 11.64 million shares.

Stock performance in the last three-month – up 14.19%; previous six-month period – up 28.34%; past twelve-month period – up 82.31%; and year-to-date – up 82.94%

After last Friday’s close, NVIDIA’s market cap was at $118.71 billion.

Price to Earnings (P/E) ratio was at 48.85.

The stock has a dividend yield of 0.31%.

The stock is part of the Technology sector, categorized under the Semiconductor – Specialized industry.

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ReleaseID: 484909

LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free research report on Rent-A-Center Inc. (NASDAQ: RCII). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RCII as the Company’s latest news hit the wire. On December 21, 2017, the Company declared that its Board of Directors has unanimously voted to submit a proposal to amend its certificate of incorporation so that all of its directors can stand for election on an annual basis. At present, the Company’s directors are divided into three classes, wherein the members of each class serve alternated three-year terms so that one-third of the Board seats are available for election each year. The proposal would be submitted to all the stockholders of Rent-A-Center at its 2018 Annual Meeting of Stockholders, which is expected to take place on June 05, 2018. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Amendment Depends on Stockholders’ Approval

The amendment to the Rent-A-Center’s certificate of incorporation for declassification of the Board of Directors requires the approval of stockholders representing at least 80% of all shares of the Company’s common stock entitled to vote on the declassification amendment.

For this purpose, the proposal for the Board’s declassification plan will be mentioned in detail in Rent-A-Center’s 2018 proxy statement, which will be filed in advance of the 2018 Annual Meeting.

Directors would be Able to Stand for Election on Annual Basis

The declassification of the Board of Rent-A-Center will be implemented once its stockholders approve the amendment to its certificate of incorporation. In this regard, each current director has committed to tender his resignation after the 2018 Annual Meeting if he is a member of the Board at that time. And then subsequently, the remaining members of the Board would reappoint each such director to the Board.

As a result of this process, every member of the Rent-A-Center’s Board would serve a one-year term after the Company’s 2018 Annual Meeting, and will stand for election annually. This new cycle would continue from the Company’s 2019 Annual Meeting of Stockholders.

Rent-A-Center’s Largest Shareholder Supports the Move

Engaged Capital, which is the largest stockholder of Rent-A-Center, has already stated that its supports the declassification of the Company’s Board and the corresponding resolution.

In this regard, Engaged Capital mentioned that it appreciates the new Board’s proactive decision to announce more shareholder friendly actions, post their decision to explore strategic alternatives. It believes that the current Board understands and practices robust corporate governance practices, including strong and independent oversight, and will thus continue to be an important contributor to enhancing shareholder value at Rent-A-Center.

About Rent-A-Center, Inc.

Rent-A-Center is a leader in the rent-to-own industry. It works towards improving the quality of life of its customers by offering them the opportunity to obtain ownership of high-quality, durable products such as consumer electronics, appliances, computers, furniture and accessories, under flexible rental purchase agreements with no long-term obligation. The Company is based in Plano, Texas and it owns and operates stores in the United States, Mexico, Canada and Puerto Rico, and Acceptance NOW kiosk locations in the United States and Puerto Rico.

Stock Performance Snapshot

December 22, 2017 – At Friday’s closing bell, Rent-A-Center’s stock dropped 1.91%, ending the trading session at $10.80.

Volume traded for the day: 825.37 thousand shares.

After last Friday’s close, Rent-A-Center’s market cap was at $586.98 million.

The stock has a dividend yield of 2.96%.

The stock is part of the Services sector, categorized under the Rental & Leasing Services industry. This sector was flat at the end of the session.

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NO WARRANTY

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NOT AN OFFERING

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ReleaseID: 484910

LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free research report on GeoPark Ltd (NYSE: GPRK). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=GPRK as the Company’s latest news hit the wire. On December 21, 2017, the Company announced that it has signed a farm-in agreement with its joint venture (JV) partner Parex Resources Inc. to drill the Zamuro exploration prospect. Register today and get access to over 1000 Free Research Reports by joining our site below:

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About Zamuro exploration prospect

The Zamuro exploration prospect is in Llanos 32 block and adjacent to the prolific Llanos 34 block. Both blocks are in the Llanos Basin of Colombia. GeoPark has 12.5% non-operated working interest (WI) in Llanos 32 block and 45% operated WI in Llanos 34 block.

As per the terms of the farm-in agreement, the Company plans to drill an exploration well at the Zamuro prospect. The Company plans to fund the costs of drilling the exploration well. The drilling of the exploration well is expected to start in H2 2018. In the event that the exploration well leads to commercial discovery, the Company plans to increase its economic interest in the Zamuro field area to 56.25%.

While providing its guidance for FY18 in November 2017, GeoPark had earmarked capital expenditure of $100 million to $110 million. Out of this, a major chunk, i.e. $85 million to $90 million, was allocated for the Company’s projects in Columbia and the remainder was for Argentina, Peru, Brazil, and Chile altogether. The Company’s main focus in Columbia was on development and appraisal of the Tigana/Jacana oil play and targeting new exploration prospects in Llanos 34 block. The Company also planned to drill 2 exploration wells in Llanos 32 block.

About GeoPark Ltd

Santiago, Chile-based GeoPark is leading and independent Latin American oil and gas explorer, operator, and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru. The Company was founded in 2002 and since then GeoPark has grown rapidly year after year by exploiting the opportunities in the dynamic oil and gas market in Latin America. GeoPark is currently ranked the third largest private oil and gas operator in Colombia and the first private oil and gas producer in Chile. It also has a non-operating working interest in one of the largest non-associated gas field in Brazil.

GeoPark started operations in Colombia in 2012 and currently operates in the Llanos and Magdalena basins with the La Cuerva, Llanos 34, Yamú and VIM-3 blocks. Additionally, it has participation in Llanos 32, Llanos 17, Abanico and Jagüeyes blocks. The Company’s proven oil reserves in Columbia as on December 31, 2016, was 40.4 Mmboe, while probable oil reserves were 67.4 MMboe.

About Parex Resources Inc.

Calgary, Canada-based Parex is actively engaged in crude oil exploration, development, and production in Colombia. The Company holds interests in onshore exploration and production blocks through its foreign subsidiaries totaling approximately 1.7 million gross acres.

Currently, Parex is focused on Colombia where the Company is conducting activities in the Llanos and Magdalena Basins where it holds a significant land base of 1.7 million gross acres over 22 blocks. It had entered the Columbian market since 2009. The Company’s proven plus probable reserves in Columbia exceed 112 MMboe.

Stock Performance Snapshot

December 22, 2017 – At Friday’s closing bell, GeoPark’s stock climbed 5.44%, ending the trading session at $9.69.

Volume traded for the day: 119.23 thousand shares, which was above the 3-month average volume of 100.31 thousand shares.

Stock performance in the last month – up 9.86%; previous three-month period – up 6.02%; past twelve-month period – up 123.79%; and year-to-date – up 124.83%

After last Friday’s close, GeoPark’s market cap was at $552.33 million.

The stock is part of the Basic Materials sector, categorized under the Oil & Gas Drilling & Exploration industry. This sector was up 0.1% at the end of the session.

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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 info@active-investors.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 A-I. A-I 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

A-I, 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. A-I, 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, A-I, 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.

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This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I 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://active-investors.com/legal-disclaimer/.

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ReleaseID: 484903

LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free research report on International Seaways, Inc. (NYSE: INSW). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=INSW as the Company’s latest news hit the wire. On December 21, 2017, the Company announced that is has signed a binding letter of intent with Euronav N.V. to acquire six VLCCs. The total purchase price of all six vessels is approximately $434 million, inclusive of assumed debt. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Details of the deal

Euronav N.V. (NYSE: EURN) and Gener8 Maritime, Inc. (NYSE: GNRT) announced a merger on December 21, 2017. International Seaways’ letter of intent is to acquire the six VLCCs from the merged entity of Euronav and Gener8 Maritime.

The six VLCCs have a 300,000 DWT (Deadweight tonnage) and an average age of 1.7 years. All the six VLCCs were constructed at Shanghai Waigaoqiao Shipbuilding Co. Out of the total, five VLCCs are 2016-built and one VLCC was built in 2015. The Company is expecting the delivery of all the six vessels in Q2 2018. As part of the deal, the Company plans to assume the debt of $311 million, which was taken by securing the six vessels. The $311 million debt matures between 2027 and 2028 and has a fixed annual interest rate of LIBOR plus 2.0%.

The transaction is expected to close in Q2 2018 and is subject to the completion of the Euronav and Gener8 Maritime merger; the Company amending its current credit facility to acquire new debt; the Company putting in place the financing for the acquisitions; and the Company obtaining all regulatory and third-party approvals as well as customary closing conditions.

The Company plans to finance the acquisition using a mix of cash in hand, assumption of all or part of the debt currently secured by the vessels and/or new third-party financing.

Commenting on the acquisition, Lois K. Zabrocky, President and CEO of International Seaways, said:

“The agreement to acquire these six modern VLCCs under favorable terms demonstrates the significant progress we have made in implementing our fleet growth and renewal strategy since becoming an independent public company. Over the past year, we have entered into transactions to grow our fleet more than 40% on a DWT basis and reduce its average age by more than three years. With a sizeable and high-quality fleet, we are in a strong position to create long-term shareholder value by capitalizing on a recovery in both the crude and product tanker sectors.”

Benefits of the acquisition

Once the transaction is complete, the deal will allow International Seaways to reduce the average age of its fleet by over two years. At the same time, the Company will be able to expand its fleet size by 30% on a DWT basis. At the end of this deal, International Seaways will have a fleet of 60 vessels, including vessels owned jointly with JV partners.

Out of the total 60 vessels, 54 are conventional crude and product tankers, four are liquefied natural gas carriers and two are floating storage and offloading service vessels.

About International Seaways, Inc.

New York-based International Seaways is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets. The Company provides shipping services to customers through voyage charters, commercial pools, and time charters.

Stock Performance Snapshot

December 22, 2017 – At Friday’s closing bell, International Seaways’ stock advanced 3.72%, ending the trading session at $19.53.

Volume traded for the day: 448.82 thousand shares, which was above the 3-month average volume of 191.93 thousand shares.

Stock performance in the last month – up 13.22%; past twelve-month period – up 50.12%; and year-to-date – up 39.10%

After last Friday’s close, International Seaways’ market cap was at $570.32 million.

The stock is part of the Services sector, categorized under the Business Services industry. This sector was flat at the end of the session.

Active-Investors:

Active-Investors (A-I) 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. A-I 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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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@active-investors.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 A-I. A-I 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

A-I, 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. A-I, 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, A-I, 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 A-I 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://active-investors.com/legal-disclaimer/.

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ReleaseID: 484904

Stock Monitor: Sears Hometown and Outlet Stores Post Earnings Reporting

LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free earnings report on J.C. Penney Co., Inc. (NYSE: JCP). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=JCP. The Company posted its financial results on November 10, 2017, for the third quarter of the fiscal year 2017. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS), which also belongs to the Services sector as the Company J.C. Penney. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=SHOS

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, J.C. Penney most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Earnings Highlights and Summary

For the three months ended October 28, 2017, J. C. Penney’s total revenues decreased 1.8% to $2.81 billion from $2.86 billion in Q3 FY16, primarily due to the closing of 139 stores during 2017 through the end of the third quarter. The Company’s total revenue numbers surpassed analysts’ expectations of $2.77 billion.

For the reported quarter, the Company’s comparable net sales increased 1.7%.

During Q3 FY17, J. C. Penney’s gross profit decreased 10.1% to $955 million from $1.06 billion in the same period of last year. For the reported quarter, the Company’s gross margin decreased 320 basis points to 34% of revenue from 37.2% of revenue in Q3 FY16.

For the reported quarter, J. C. Penney’s adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) decreased 37.9% to $108 million from $174 million in Q3 FY16. For the reported quarter, the Company’s adjusted EBITDA margin decreased 230 basis points to 3.8% of revenue from 6.1% of revenue in Q3 FY16.

During Q3 FY17, J. C. Penney’s operating loss was $79 million versus an operating income of $23 million in the comparable period of last year.

During Q3 FY17, J. C. Penney’s earnings before tax (EBT) was negative $157 million compared to negative $64 million in the corresponding period of last year.

For the reported quarter, J. C. Penney’s net loss was $128 million compared to a net loss of $67 million in Q3 FY16. During Q3 FY17, the Company’s diluted earnings per share (EPS) was negative $0.41 compared to negative $0.22 in the same period of last year. For the reported quarter, J. C. Penney’s adjusted net loss was $102 million compared to an adjusted net loss of $65 million in Q3 FY16. During Q3 FY17, the Company’s adjusted diluted EPS was negative $0.33 compared to negative $0.21 in Q3 FY16, surpassing analysts’ expectations of negative $0.42.

Balance Sheet

As on October 28, 2017, J. C. Penney’s cash and cash equivalents increased 1.1% to $185 billion from $183 million as on October 29, 2016. For the reported quarter, the Company’s long-term debt decreased 10.4% to $4.04 billion from $4.51 billion in Q3 FY16.

For the reported quarter, the Company’s merchandise inventory decreased 8.8% to $3.37 billion from $3.69 billion in Q3 FY16. For the reported quarter, the Company’s merchandise accounts payable decreased 10.1% to $1.34 billion from $1.49 billion in Q3 FY16.

During Q3 FY17, J. C. Penney’s net cash provided by operating activities was negative $239 million versus negative $193 million in the comparable period of last year. During Q3 FY17, J. C. Penney’s free cash flow was negative $327 million compared to negative $315 million in Q3 FY16.

Outlook

For FY17, the Company expects comparable net sales growth to be negative 1% – 0%, and adjusted diluted EPS to be in the range of $0.02 – $0.08. The Company estimates free cash flow to be in the band of $200 million -$300 million for the fiscal year 2017.

Stock Performance Snapshot

December 22, 2017 – At Friday’s closing bell, J.C. Penney’s stock climbed 3.63%, ending the trading session at $3.14.

Volume traded for the day: 11.15 million shares.

After last Friday’s close, J.C. Penney’s market cap was at $978.42 million.

The stock is part of the Services sector, categorized under the Department Stores industry. This sector was flat at the end of the session.

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ReleaseID: 484905

LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free earnings report on Magna International Inc. (NYSE: MGA).If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MGA. Magna International posted its third quarter fiscal 2017 (Q3 FY17) results on November 09, 2017. The leading auto parts maker’s diluted earnings per share advanced 5.47% y-o-y. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Magna International most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=MGA

Earnings Highlights and Summary

In Q3 FY17, Magna’s revenues advanced 7.35% to $9.50 billion compared to $8.85 billion in Q3 FY16. Revenue numbers topped analysts’ estimates of $9.05 billion.

The Company had operating income of $670.00 million in the reported quarter compared to $692.00 million in Q3 FY16, declining by 3.18%.

Magna’s net income was $503.00 million in Q3 FY17, same as in Q3 FY16. The Company’s diluted earnings were $1.36 per share in the reported quarter compared to $1.29 per share in Q3 FY16, advancing 5.43% on a y-o-y basis. Diluted EPS was $1.36 per share, surpassing analysts’ estimates of $1.34 per share.

Magna’s Segment Details

The North America segment posted sales of $4.89 billion in Q3 FY17 compared to $5.11 billion in Q3 FY16, reflecting a decline of 4.24% on a y-o-y basis, due to lower production volumes, end of production of certain programs. This segment’s adjusted earnings before interest and tax (EBIT) was $463.00 million in Q3 FY17, compared to $512.00 million in Q3 FY16, declining by 9.57%, due to lower production sales, net customer concessions.

The Company’s Europe segment had revenues of $3.90 billion in the reported quarter compared to $3.10 billion in Q3 FY16, advancing 25.73% due to the launch of new programs and strengthening of foreign currencies against the US dollar. The segment’s adjusted EBIT was $113.00 million in Q3 FY17 compared to $115.00 million in Q3 FY16, declining by 1.74% on a y-o-y basis due to operational inefficiencies, higher commodity costs, and reduced earnings.

The Asia segment had revenues of $676.00 million in Q3 FY17 compared to $654.00 million in Q3 FY16, reflecting a growth of 3.36%, due to launch of new programs, and higher production volumes. This segment’s adjusted EBIT was $77.00 million in the reported quarter compared to $64.00 million in Q3 FY16, advancing 20.31% due to higher equity income and higher margins.

The Company’s Rest of World segment had revenues of $161.00 million in Q3 FY17 compared to $129.00 million in Q3 FY16, reflecting a growth of 24.81%, due to higher production volumes on certain existing programs, launch of new programs, and net customer price increases. The segment’s adjusted EBIT was $14.00 million in the reported quarter compared to a negative adjusted EBIT of $5.00 million in Q3 FY16, due to net customer price increases.

The Corporate and Other segment had negative revenues of $130.00 million in the reported quarter compared to negative revenue of $145.00 million in Q3 FY16. The segment’s adjusted EBIT was $25.00 million in Q3 FY17 compared to $29.00 million in Q3 FY16, declining 13.79% on a y-o-y basis, due to higher net foreign exchange losses.

Cash Matters

Magna had cash and cash equivalents of $895.00 million on September 30, 2017, compared to $544.00 million on September 30, 2016. The Company had cash inflow from operating activities of $881.00 million in Q3 FY17 compared to $657.00 million in Q3 FY16. In Q3 FY17, the Company repurchased 8.70 million common shares for a cash consideration of $422.00 million. Magna paid cash dividends of $0.275 per share in Q3 FY17, for a total of $99.00 million, payable on December 08, 2017, to shareholders of record as of November 24, 2017.

Outlook

In fiscal 2017, Magna anticipates full-year revenues in the range of $38.30 billion to $39.50 billion.

Stock Performance Snapshot

December 22, 2017 – At Friday’s closing bell, Magna International’s stock marginally declined 0.80%, ending the trading session at $57.37.

Volume traded for the day: 442.03 thousand shares.

Stock performance in the last month – up 6.01%; previous three-month period – up 7.58%; past twelve-month period – up 30.48%; and year-to-date – up 32.19%

After last Friday’s close, Magna International’s market cap was at $20.77 billion.

Price to Earnings (P/E) ratio was at 10.23.

The stock has a dividend yield of 1.92%.

The stock is part of the Services sector, categorized under the Auto Parts Wholesale industry. This sector was flat at the end of the session.

Active-Investors:

Active-Investors (A-I) 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. A-I 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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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@active-investors.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 A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

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This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I 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://active-investors.com/legal-disclaimer/.

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ReleaseID: 484906