Monthly Archives: January 2018

EX-Dividend Schedule: EQT Midstream Partners Has a Dividend Yield of 5.36%; Will Trade Ex-Dividend on February 01, 2018

LONDON, UK / ACCESSWIRE / January 31, 2018 / Active-Investors has a free review on EQT Midstream Partners, L.P. (NYSE: EQM) (“EQM”) following the Company’s announcement that it will begin trading ex-dividend on February 01, 2018. 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 January 31, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on EQM:

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Dividend Declared

On January 18, 2018, EQT Midstream Partners declared a quarterly cash distribution of $1.025 per unit for the fourth quarter of 2017. The distribution will be paid on February 14, 2018, to all EQM’S unit-holders of record at the close of business on February 02, 2018. The Company’s quarterly cash distribution is 5% higher than Q3 2017, and 21% higher compared to Q4 2016.

EQT Midstream Partners’ indicated dividend represents a yield of 5.36%, which is more than double compared to the average dividend yield of 2.17% for the Basic Materials sector. The Company has raised dividend for five consecutive years.

Dividend Insight

EQT Midstream Partners has a dividend payout ratio of 77.1%, which means that the Company spends approximately $0.77 for dividend distribution out of 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, EQT Midstream Partners is forecasted to report earnings of $5.77 for the next year, which is substantially above the Company’s annualized dividend of $4.10 per share.

For the nine months ended September 30, 2017, EQT Midstream Partners’ net cash provided by operating activities totaled $480.20 million compared to $380.02 million for the year ago same period. For the three months ended September 30, 2017, the Company reported distributable cash flow of $150.4 million. 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 EQT Midstream Partners, L.P.

EQT Midstream Partners is a growth-oriented limited partnership formed by EQT Corporation to own, operate, acquire, and develop midstream assets in the Appalachian Basin. The Partnership provides midstream services to EQT Corporation and third-party companies through its strategically located transmission, storage, and gathering systems that service the Marcellus and Utica regions. The Partnership owns approximately 950 miles of FERC-regulated interstate pipelines; and also owns approximately 1,800 miles of high- and low-pressure gathering lines.

Stock Performance Snapshot

January 30, 2018 – At Tuesday’s closing bell, EQT Midstream Partners’ stock declined 1.40%, ending the trading session at $73.49.

Volume traded for the day: 327.72 thousand shares, which was above the 3-month average volume of 295.67 thousand shares.

Stock performance in the last month – up 0.20%; previous three-month period – up 2.25%; and year-to-date – up 0.53%

After yesterday’s close, EQT Midstream Partners’ market cap was at $6.03 billion.

Price to Earnings (P/E) ratio was at 14.06.

The stock has a dividend yield of 5.58%.

The stock is part of the Basic Materials sector, categorized under the Oil & Gas Pipelines 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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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® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by 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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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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ReleaseID: 487459

Free Post Earnings Research Report: Ethan Allen’s Quarterly EPS Soared 42.1%

Stock Monitor: Bassett Furniture Industries Post Earnings Reporting

LONDON, UK / ACCESSWIRE / January 31, 2018 / Active-Investors.com has just released a free earnings report on Ethan Allen Interiors Inc. (NYSE: ETH) (“Ethan Allen”). 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=ETH. Ethan Allen reported its second quarter fiscal 2018 operating and financial results on January 24, 2018. The home furnishings Company exceeded earnings expectations. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Bassett Furniture Industries, Incorporated (NASDAQ: BSET), which also belongs to the Consumer Goods sector as the Company Ethan Allen Interiors. Do not miss out and become a member today for free to access this upcoming report at:

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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, Ethan Allen Interiors 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

Ethan Allen’s net sales for the three months ended December 31, 2017, were $198.5 million, up 2.0% compared to $194.7 million in Q2 FY17. The Company’s reported numbers were in-line with analysts’ expectations.

For Q2 FY18, Ethan Allen reported gross profit of $107.8 million compared to $108.1 million in Q2 FY17. The Company’s gross margin was 54.3% in the reported quarter compared to 55.5% in the year ago corresponding period.

Ethan Allen’s operating expenses were $90.3 million, or 45.5% of sales, for Q2 FY18 compared to $91.0 million, or 46.8% of sales, in Q2 FY17. The Company’s operating income was $17.5 million, or 8.8% of sales, for the reported quarter compared to $17.1 million, or 8.8% of sales, in the prior year’s comparable period. Ethan Allen’s adjusted operating income was $17.2 million, or 8.7% of sales, for Q2 FY18 compared to $17.1 million, or 8.8% of sales, in Q2 FY17.

For Q2 FY18, Ethan Allen’s net income totaled $14.9 million, or $0.54 per diluted share, compared to $10.7 million, or $0.38 per diluted share, in Q2 FY17. The Company’s adjusted net income for the reported quarter was $14.6 million, or $0.53 per diluted share, and $10.8 million, or $0.39 per diluted share, in the prior year’s comparable period, and ahead of Wall Street’s estimates of $0.52 per share.

Ethan Allen’s Segment Results

During Q2 FY18, Ethan Allen’s retail segment’s net sales totaled $153.0 million compared to $156.3 million in Q2 FY17, reflecting a decrease of 2.1%. The segment’s Comparative net sales were $150.5 million in the reported quarter compared to $153.9 million in the prior year’s same period.

For Q2 FY18, Ethan Allen’s total written orders for the retail division were down 5.8% on a y-o-y basis, and comparable Design Center written orders were down 6.2% over the same period. Written orders were impacted by lower traffic and for some retail design centers, by winter weather. The segment posted operating loss of $0.6 million for Q2 FY18, reflecting a decrease of $2.8 million, compared to operating income of $2.1 million in the year ago same period.

During Q2 FY18, Wholesale segment’s net sales grew 3.8% to $118.0 million compared to $113.7 million in Q2 FY17. The increase in sales was attributed to growth in the Company’s international and domestic independent retailers and the Department of State. The segment posted operating income of $15.6 million in the reported quarter compared to $14.2 million in the prior year’s same quarter.

Balance Sheet and Cash Flow

As of December 31, 2017, Ethan Allen’s total cash and securities, including restricted cash came in at $49.1 million, declining $16.0 million from June 30, 2017, reflecting extinguishment of $14.2 million of debt and paying out $10.5 million in dividends. The Company’s cash used in operating activities was $3.5 million for the reported quarter from $0.0 million for the prior year’s same quarter.

Ethan Allen’s total debt of $0.5 million decreased $13.8 million from June 30, 2017, primarily due to a $13.3 million early payoff of the Company’s term loan, reducing borrowings under its credit facility to zero.

On January 25, 2018, Ethan Allen announced that its Board of Directors has declared a regular quarterly cash dividend of $0.19 per share, which will be payable to shareholders of record as of April 11, 2018 and will be paid on April 25, 2018.

Stock Performance Snapshot

January 30, 2018 – At Tuesday’s closing bell, Ethan Allen’s stock marginally declined 0.20%, ending the trading session at $24.90.

Volume traded for the day: 502.85 thousand shares, which was above the 3-month average volume of 340.95 thousand shares.

After yesterday’s close, Ethan Allen’s market cap was at $661.59 million.

Price to Earnings (P/E) ratio was at 19.05.

The stock has a dividend yield of 3.05%.

The stock is part of the Consumer Goods sector, categorized under the Home Furnishings & Fixtures 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® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by 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

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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Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

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

SOURCE: Active-Investors

ReleaseID: 487460

ArcBest Corporation to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / January 31, 2018 / ArcBest Corporation (NASDAQ: ARCB) will be discussing their earnings results in their Q4 Earnings Call to be held on January 31, 2018 at 9:30 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/23425

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

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Investor Network (IN) is a 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.

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ReleaseID: 486906

Packaging Corporation of America to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / January 31, 2018 / Packaging Corporation of America (NYSE: PKG) will be discussing their earnings results in their Q4 Earnings Call to be held on January 31, 2018 at 9:30 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/1463

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a 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: 486908

Free Research Report as Briggs & Stratton’s Revenues Grew 4.25%

Stock Monitor: Crane Post Earnings Reporting

LONDON, UK / ACCESSWIRE / January 31, 2018 / Active-Investors.com has just released a free earnings report on Briggs & Stratton Corp. (NYSE: BGG). 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=BGG. The Company posted its second quarter fiscal 2018 (Q2 FY18) financial results on January 24, 2018. The leading gasoline engines manufacturers’ revenue and earnings surpassed market expectations. 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 Crane Co. (NYSE: CR), which also belongs to the Industrial Goods sector as the Company Briggs & Stratton. 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

During the second quarter of the fiscal year 2018, Briggs & Stratton posted net sales of $446.44 million compared to $428.24 million in Q2 FY17, reflecting an increase of 4.25%. The Company’s revenue growth was backed by a favorable momentum in sales of engines and products designed for commercial markets. The Company’s revenue numbers beat analysts’ estimates of $420.90 million.

Briggs & Stratton’s gross profit was $92.87 million in Q2 FY18 compared to $95.41 million in Q2 FY17, decreasing 2.66% on a y-o-y basis. The decrease was primarily due to sales mix and lower production volumes. The Company’s selling, general, and administrative expenses (SG&A) amounted to $77.89 million in the reported quarter compared to $73.03 million in the year ago same period, increasing 6.65% on a y-o-y basis. The Company’s operating profit was $17.09 million in Q2 FY18 compared to $25.39 million in Q2 FY17, declining 32.68% on a y-o-y basis.

Briggs & Stratton’s net loss was $16.34 million in the reported quarter compared to a net income of $15.25 million in Q2 FY17. The Company’s loss per share was $0.39 in Q2 FY18 compared to earnings per share (EPS) of $0.35 in the second quarter of the previous fiscal year. The decline was attributed to a one-time charge of $24.90 million as a result of the implementation of the US Tax Cuts and Jobs Act 2017 (TCJA), as well as business optimization charges.

Briggs & Stratton’s adjusted earnings were $0.25 in the reported quarter compared to $0.35 in Q2 FY17, beating analysts’ estimates of $0.23.

Segment Details

Briggs & Stratton has two business segments, namely: (i) Engines segment, and (ii) Products segment.

The Engines segment posted net sales of $243.51 million in the reported quarter compared to $260.80 in Q2 FY17, reflecting a drop of 6.63% on a y-o-y basis. The segment’s adjusted income was $10.44 million in Q2 FY18 compared to $17.92 million in Q2 FY17, decreasing 41.76% on a y-o-y basis.

The Products segment reported net sales of $222.08 million in Q2 FY18 compared to $190.70 in Q2 FY17, reflecting a growth of 16.45% versus the year ago comparable period. The increase was primarily due to higher sales of commercial job site products, commercial lawn and garden equipment, and snow throwers. The segment’s adjusted income was $9.36 million in Q2 FY18 compared to $6.81 million in Q2 FY17, increasing 37.54% on a y-o-y basis.

Cash Matters

Briggs & Stratton’s cash outflow from operating activities was $64.86 million for the first six months of FY18 compared to $126.57 million for the first six months of FY17. On January 24, 2018, the Company declared a quarterly dividend of $0.14 per share, payable on April 03, 2018, to common stock shareholders of record as on March 16, 2018.

Outlook

For the fiscal year 2018, Briggs & Stratton is anticipating its net sales to be in the range of $1.91 billion – $1.96 billion. The Company’s adjusted EPS is expected to be in the band of $1.45 – $1.62, while the effective tax rate is estimated to be in the range of 29.00% – 31.00%.

Stock Performance Snapshot

January 30, 2018 – At Tuesday’s closing bell, Briggs & Stratton’s stock slightly fell 0.97%, ending the trading session at $24.52.

Volume traded for the day: 633.13 thousand shares, which was above the 3-month average volume of 346.66 thousand shares.

Stock performance in the previous six-month period – up 4.70%; and past twelve-month period – up 11.91%

After yesterday’s close, Briggs & Stratton’s market cap was at $1.06 billion.

Price to Earnings (P/E) ratio was at 45.07.

The stock has a dividend yield of 2.28%.

The stock is part of the Industrial Goods sector, categorized under the Diversified Machinery 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® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by 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

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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Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

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

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ReleaseID: 487446

Blog Exposure – Canadian Solar Partners with Photon Energy to Develop Solar Projects in Australia

LONDON, UK / ACCESSWIRE / January 31, 2018 / Active-Investors.com has just released a free research report on Canadian Solar Inc. (NASDAQ: CSIQ). 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=CSIQ as the Company’s latest news hit the wire. On January 29, 2018, Canadian Solar, one of the world’s largest and foremost solar power companies, declared that it has signed a partnership agreement with Amsterdam-based solar power solutions and services Company Photon Energy N.V. for co-developing five utility-scale solar power projects in New South Wales, Australia. Register today and get access to over 1,000 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, Canadian Solar 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=CISQ

Terms and Conditions of the Agreement

As per the agreement, Canadian Solar will acquire 51% shareholding in all five project companies of Photon Energy in Australia, which have a total of 1.14 GWp (Gigawatts peak) of projects.

This portfolio comprises the 316 MWp (Megawatt peak) project in Gunning, which is fully owned by Photon Energy and four projects co-developed by Photon Energy with Polpo Investment. These four projects include the 178 MWp project in Mumbil, the 165 MWp project in Gunnedah, the 286 MWp project in Suntop, and the 196 MWp project in Maryvale.

However, the equity contributed by Canadian Solar would be subject to several development milestones, and joint management processes and other terms customary for project co-development.

Besides, the agreement also covers the development budgets to bring all five projects to the ready-to-build stage.

Photon Energy will hold a 49% stake in the Gunning project and 24.99% stakes in the four other projects post the transaction.

Partnership Agreement to Strengthen Canadian Solar’s Market Leading Position

Canadian Solar has developed a geographically diversified pipeline of utility-scale power projects in various stages of development since its inception in 2001. In the last 16 years, it has achieved a leadership position in the manufacturing of solar photovoltaic modules and solar energy solutions. So far, the Company has delivered more than 25 GW (Gigawatts) of premium quality modules to over 100 countries around the world. In fact, it is one of the most bankable Companies in the solar industry, having been publicly listed on NASDAQ since 2006.

Dr. Shawn Qu, the Chairman and Chief Executive Officer at Canadian Solar said that Canadian Solar is delighted to partner with Photon Energy and thereby bring 1.14 GWp into the Australian market. He believes that the partnership agreement with Photon Energy will help strengthen the Company’s leading position in the Australian market by making it a very active developer for solar power plants in the country.

A Tangible Achievement for Photon Energy

Photon Energy is a global solar power solution and services Company covering the entire lifecycle of solar power systems. Georg Hotar, the CEO of Photon Energy, stated that this agreement is the result of Photon Energy’s long-term commitment to the Australian market. He believes it is an important milestone for the Company and especially the Australian team, who have gained the trust of a leading global player in the solar industry such as Canadian Solar.

Stock Performance Snapshot

January 30, 2018 – At Tuesday’s closing bell, Canadian Solar’s stock fell 2.62%, ending the trading session at $15.61.

Volume traded for the day: 594.40 thousand shares.

Stock performance in the past twelve-month period – up 32.85%

After yesterday’s close, Canadian Solar’s market cap was at $896.48 million.

Price to Earnings (P/E) ratio was at 37.71.

The stock is part of the Technology sector, categorized under the Semiconductor – Specialized 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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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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SOURCE: Active-Investors

ReleaseID: 487450

Free Research Report as Caterpillar’s Revenue Surged 35% and Adjusted EPS Zoomed 160.2%

LONDON, UK / ACCESSWIRE / January 31, 2018 / Active-Investors.com has just released a free earnings report on Caterpillar Inc. (NYSE: CAT). 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=CAT. The Company reported its fourth quarter fiscal 2017 and full fiscal year 2017 operating and financial results on January 25, 2018. The world’s largest heavy-duty equipment maker surpassed earnings expectations for the seventh consecutive quarter, and provided guidance for the full fiscal year 2018. 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, Caterpillar 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=CAT

Earnings Highlights and Summary

Caterpillar’s revenues surged 35% to $12.90 billion in Q4 2017 compared to $9.57 billion in Q4 2016, primarily driven by a higher sales volume, mostly due to improved end-user demand. The Company’s revenue numbers topped analysts’ estimates of $11.8 billion.

For Q4 2017, Caterpillar’s operating profit totaled $1.16 billion compared to an operating loss of $1.26 billion in Q4 2016. The increase of $2.42 billion in operating profit was due to a higher sales volume, a decrease in mark-to-market losses related to pension and OPEB plans, and the absence of a goodwill impairment charge in Resource Industries in 2016.

Caterpillar reported a loss of $2.18 per share compared to a loss of $2.00 per share in Q4 2016. The Company’s adjusted profit was $2.16 per share compared to an adjusted profit of $0.83 per share in the year ago same period. Caterpillar’s adjusted profit per share excludes several large adjustments consisting of a charge of $2.4 billion, or $3.91 per share, from US tax reform legislation, restructuring costs, mark-to-market losses for remeasurement of pension and OPEB plans, state deferred tax valuation allowance adjustments, a gain on sale of an equity investment in 2017, and a goodwill impairment charge in 2016.

For the full year FY17, Caterpillar’s revenues jumped 18% to $45.5 billion from $38.5 billion in FY16. The Company’s profit was $1.26 per share in FY17 compared to a loss of $0.11 per share in FY16. Caterpillar’s adjusted profit per share was $6.88 in FY17 compared to an adjusted profit per share of $3.42 in FY16.

Segment Results

During Q4 2017, Caterpillar’s Construction Industries segment’s sales surged 46.5% to $5.26 billion compared to $3.59 billion in Q4 2016. The increase was due to a higher sales volume and a favorable price realization. The Construction Industries segment’s profit soared 150.9% to $838 million in Q4 2017 compared to $334 million in Q4 2016. The increase in profit was primarily due to higher sales volume, favorable price realization, and variable manufacturing efficiencies.

For Q4 2017, Caterpillar’s Resource Industries segment’s sales surged 53% to $2.21 billion compared to $1.44 billion in Q4 2016, primarily driven by higher end-user demand for equipment and aftermarket parts in all regions, favorable impact of changes in dealer inventories, and favorable price realization. The Resource Industries segment’s profit was $209 million in Q4 2017 compared to a loss of $711 million in Q4 2016. The improvement was primarily due to the absence of a goodwill impairment charge of $595 million in the year ago comparable period. The reported quarter profit was also aided by higher sales volume and favorable price realization.

During Q4 2017, Caterpillar’s Energy & Transportation segment’s sales advanced 22.3% to $4.71 billion compared to $3.85 billion in Q4 2016. The increase was primarily due to higher sales volume across all applications. The Energy & Transportation segment’s profit was $881 million in the reported quarter compared to $638 million in the year ago corresponding period, reflecting a growth of 38.1%, primarily attributed to higher sales volume.

Caterpillar’s Financial Products segment’s revenues were $783 million in Q4 2017, representing a growth of 6% on a y-o-y basis. The increase was primarily due to higher average financing rates in North America, higher average earnings assets in Europe, Middle-East, and Africa (EMEA) and Asia/Pacific (APAC), and a favorable impact from intercompany lending activity in North America. The Financial Products segment’s profit was $233 million in Q4 2017 compared to $149 million in Q4 2016. The increase was primarily due to higher gains on sales of securities at Insurance Services, and an increase in net yield on average earnings assets.

Cash Matters

Caterpillar’s Machinery, Energy, and Transportation (ME&T) operating cash flow was $1.3 billion during Q4 2017 and $5.5 billion for the full year FY17. The Company’s ME&T debt-to-capital ratio was 36.7% at the end of 2017 compared to 41.0% at the end of 2016.

Caterpillar ended FY17 with an enterprise cash balance of $8.3 billion. In the reported quarter, the Company made a discretionary contribution to US pension plans of $1.0 billion, and a payment for early debt retirement of $958 million.

2018 Outlook

For the full year FY18, Caterpillar is forecasting profit per share to be in a range of $7.75 to $8.75. Excluding restructuring costs of about $400 million, the Company is expecting adjusted profit per share to be in the band of $8.25 to $9.25.

Stock Performance Snapshot

January 30, 2018 – At Tuesday’s closing bell, Caterpillar’s stock was slightly up 0.73%, ending the trading session at $163.76.

Volume traded for the day: 8.67 million shares, which was above the 3-month average volume of 4.23 million shares.

Stock performance in the last month – up 3.37%; previous three-month period – up 18.83%; past twelve-month period – up 69.19%; and year-to-date – up 3.92%

After yesterday’s close, Caterpillar’s market cap was at $98.77 billion.

Price to Earnings (P/E) ratio was at 130.28.

The stock has a dividend yield of 1.91%.

The stock is part of the Industrial Goods sector, categorized under the Farm & Construction Machinery 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.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by 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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CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 487455

Wired News – China Lodging Group Acquired Beijing Novotel Sanyuan and Ibis Beijing Sanyuan with TPG Capital Asia

LONDON, UK / ACCESSWIRE / January 31, 2018 / Active-Investors.com has just released a free research report on China Lodging Group, Ltd (NASDAQ: HTHT). 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=HTHT as the Company’s latest news hit the wire. On January 29, 2018, the Company announced that it has formed a joint venture with TPG Capital Asia to acquire 100% equity interest of two hotel properties in Beijing, Novotel Beijing Sanyuan, and Ibis Beijing Sanyuan, from Ascendas Hospitality Trust (Singapore), for a cash consideration of approximately RMB 1.18 billion. The Joint Venture is 20% owned by China Lodging Group and 80% owned by TPG. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Novotel Beijing Sanyuan and Ibis Beijing Sanyuan are adjacently located in prime locations in Chaoyang District, Beijing’s central business area, also known as CBD, which serves as a hub where multinational companies and foreign embassy compounds are based.

Details of the Agreement

The transaction, likely to close in the first half of 2018, is subject to regulatory approvals and customary post-closing adjustments. Hitone Capital, a boutique real estate focused investment firm, served as the financial adviser for the transaction, and will continue to provide support on closing and asset management. China Lodging does not expect this transaction to have any significant impact on its revenue and profit in 2018. The cash outflow for this transaction will be approximately USD 20 million.

Following the closing of the acquisition, the Joint Venture will renovate the hotels and Huazhu will continue to serve as operator. Huazhu is as a leading hotel operator in China, and has a diversified brand portfolio from economy, midscale to upscale segments and has strong operation capability.

Acquisition Will Strengthen the Company’s Upscale Brands

Jenny Zhang, Chief Executive Officer of the China Lodging Group, stated that the acquisition enables the Company to create new flagship hotels by renovation and operational improvement. It will not only strengthen China Lodging Group’s upscale brands, but also generate good return for its invested capital.

China Lodging Group’s Strategic Partnerships and Acquisitions in 2017

Alliance with OYO: In September 2017, the Company entered into a five-year Memorandum of Understanding (MoU) with Oravel Stays Private Ltd. (OYO), India’s leading hospitality company, to facilitate and strengthen collaboration to build a global market leading hospitality business. Under the MoU, both companies would explore opportunities for mutual collaboration in four fields, knowledge and technology sharing, strategic alliances and partnerships in various areas, including but not limited to local sourcing and procurement and joint loyalty programs, new venture partnership opportunities, and investment. As part of this collaboration, China Lodging Group made an equity investment of US$ 10m in OYO to become a minority shareholder.

Acquisition of Crystal Orange Hotel Holdings Limited: In May 2017, China Lodging Group’s wholly-owned subsidiary, China Lodging Holdings (HK) Limited, completed the acquisition of all of the equity interests of Crystal Orange Hotel Holdings Limited, a leading boutique hotel operator in China. The initial aggregate consideration of the transaction was approximately RMB3.65 billion. The agreement was previously announced in February 2017. This strategic acquisition combined Crystal Orange’s unique positioning with China Lodging’s extensive coverage and strong development capability in China.

About China Lodging Group, Ltd

Founded in 2005 and headquartered in Changning District, Shanghai, China Lodging Group Limited is a leading hotel operator and franchisor in China. As of December 31, 2017, the Company had 3,746 hotels or 379,675 rooms in operation in 378 cities. China Lodging’s business includes leased and owned, manachised, and franchised models.

About TPG Capital

Established in 1992, TPG Capital is a leading global alternative asset firm, with more than $74 billion of assets under management. The Company’s investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. In Asia, TPG Capital is one of the earliest global private equity investors in China and established its first Asia-focused fund in 1994.

Stock Performance Snapshot

January 30, 2018 – At Tuesday’s closing bell, China Lodging Group’s stock marginally climbed 0.57%, ending the trading session at $150.56.

Volume traded for the day: 411.83 thousand shares.

Stock performance in the last month – up 7.02%; previous three-month period – up 16.12%; past twelve-month period – up 180.86%; and year-to-date – up 4.24%

After yesterday’s close, China Lodging Group’s market cap was at $10.50 billion.

Price to Earnings (P/E) ratio was at 60.25.

The stock has a dividend yield of 0.43%.

The stock is part of the Services sector, categorized under the Lodging 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.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by 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

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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Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

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

SOURCE: Active-Investors

ReleaseID: 487457

Spire Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / January 31, 2018 / Spire Inc. (NYSE: SR) will be discussing their earnings results in their Q1 Earnings Call to be held on January 31, 2018 at 9:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/1058

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

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Investor Network (IN) is a 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: 486903

Capital Product Partners LP to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / January 31, 2018 / Capital Product Partners LP (NASDAQ: CPLP) will be discussing their earnings results in their Q4 Earnings Call to be held on January 31, 2018 at 9:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/23807

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a 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: 486904