RADNOR, PA / ACCESSWIRE / May 31, 2018 / The law firm of Kessler Topaz Meltzer & Check, LLP alerts Flex Ltd. (NASDAQ: FLEX) (“Flex”) investors that a class action lawsuit has been filed on behalf of purchasers of Flex Ordinary Shares between January 26, 2017 and April 26, 2018, inclusive (the “Class Period”).

Investors who purchased Flex securities during the Class Period may, no later than July 9, 2018, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this action please visit https://www.ktmc.com/new-cases/flex-ltd#join.

According to the complaint, Flex purportedly provides design, engineering, manufacturing, and supply chain services and solutions.

The Class Period commences on February 23, 2017, when Flex published a press release announcing its financial results for the quarter ended December 31, 2016.

According to the complaint, on April 26, 2018, Flex issued a press release disclosing that the company’s Audit Committee, with the assistance of independent outside counsel, was investigating allegations by an employee that the company improperly accounted for obligations in a customer contract and certain related reserves.

Following this news, Flex’s share price fell $3.61 per share, or more than 21%, on high trading volume, to close at $13.03 per share on April 27, 2018.

The complaint alleges that, throughout the Class Period, the defendants failed to disclose: (1) that the company’s internal controls over financial reporting were materially weak and deficient; (2) that the company had improperly accounted for obligations in a customer contract and certain related reserves; and, (3) that, as a result of the foregoing, the company’s financial statements and the defendants’ statements about Flex’s business, operations, and prospects, were materially false and misleading at all relevant times.

Investors who wish to discuss this action and their legal options are encouraged to contact Kessler Topaz Meltzer & Check, LLP (James Maro, Jr., or Adrienne Bell, Esq.) at (888) 299-7706 or at info@ktmc.com.

Flex investors may, no later than July 9, 2018, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class in the action. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country. Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check. For more information about Kessler Topaz Meltzer & Check, please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(888) 299-7706
(610) 667-7706
info@ktmc.com

SOURCE: Kessler Topaz & Meltzer, LLP

ReleaseID: 501265

LOS ANGELES, CA / ACCESSWIRE / May 31, 2018 / NUGL Inc. (OTC PINK: NUGL), the cannabis industry’s new standard of technology scales for user-facing feature launch and BETA advertising platform.

As NUGL ramps up for its official launch, it’s introducing a BETA test on its advertising platform for select players in the cannabis community. Companies participating in the BETA advertising feature will enjoy exclusive marketing features such as marketing banner ads, pulsating map icons, featured listings, pop-up ads and more. The advertising platform is designed to be uninstructive for users while giving brands the ability to market themselves. You can see the latest concepts at http://www.nugl.com/advertise.html.

“Our goal for the next few months is to create a solid foundation for growth on the consumer applications. This feature launch will be our most aggressive to date. The entire team at NUGL is extremely excited and we need to execute accordingly,” says Brandon Vargas. “NUGL is launching over 4 major consumer-based features in early June. Some of the features include Brand Profiles, Store Connections and more.”

“Brands are the fastest growing segment of the cannabis space and brand marketing and awareness will be the core of the NUGL business model. NUGL offers brands the optimal opportunity to market and develop their businesses without limitation on the internet. NUGL’s connections with shops, services and other companies within the rapidly expanding cannabis network will simplify and streamline reaching clients and offering products on a business to business and business to consumer level. This will not only lend NUGL’s user an expanded selection of products, but easier access and interaction within the global 420 community.

NUGL’s Android and iOS apps are slated for launch in early June. June will be a stimulating month, as we are testing for USER-FACING features. We have increased back-end support staff significantly in the last 45 days to fast-track development and customer support in anticipation of the launch.”

About NUGL

NUGL Inc. is a search engine and online directory for the legal marijuana industry. NUGL’s database includes listings for dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands. The company leads the evolution in business relations, development and organic data in the cannabis industry with metasearch technology.

For more information call or visit at:

Facebook: https://www.facebook.com/justnuglit/
Instagram: https://www.instagram.com/justnuglit/
Twitter: https://twitter.com/JustNUGLit

Forward-Looking Statements

Certain statements in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: “plans”, “anticipates,” “expects,” “believes” or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company’s business plan and filings with the OTC Markets Group.

Contact Information:

www.nugl.com
Email: info@nugl.com
Phone: (714) 383-9982

SOURCE: NUGL Inc.

ReleaseID: 501374

SAN FRANCISCO, CA / ACCESSWIRE / May 31, 2018 / Vista Partners (“Vista”) has published May’s FREE Macroeconomic & Investment Monthly Newsletter titled “The Balancing Act.”

Vista’s monthly newsletter contains investment considerations for Banks, Biotech, Cloud Services, Energy, Fintech, Healthcare, Manufacturing, Materials, Mining, Real Estate, SaaS, and Technology in addition to the Macroeconomic commentary.

Vista Partners centers its Coverage on the Dow 30 Components, Select Emerging Growth Companies & Vista’s Featured Companies, with exclusive, broad-based commentary from Managing Director, John F. Heerdink, Jr.

In May’s edition of the Macroeconomic & Investment Newsletter, Mr. Heerdink states, “The Federal Open Market Committee will hold its next meeting on June 12 to 13 and is still widely expected to raise short-term interest rates by a quarter percentage point. It’s a juggling act. On the one hand, ….” Read full newsletter.

Companies Featured in May’s Newsletter: Atossa Genetics, Inc.(NASDAQ: ATOS) | Caterpillar (CAT) | Coca-Cola (KO) | Fusion, Inc. (NASDAQ: FSNN) | & | United Technologies (UTX).

Vista Partners publishes 100% of its content free. Vista Partners offers a wealth of mixed-media resources on the Dow 30 & Select Emerging Growth Companies. To receive FREE email updates from Vista’s select & extensive coverage universe, please sign up at VistaPGlobal.com/signup.

About Vista Partners LLC:

Founded in 2005, Vista Partners LLC (“Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, and Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

We encourage readers to view a complete list of disclaimers and disclosures on the Vista Partners website at VistaPGlobal.com/disclaimer.

Please follow Vista Partners on Twitter @VistaPResearch to receive updates, thoughts, and ideas on Dow 30 Components, Select Emerging Growth Companies & Vista’s Featured Companies.

Contact:

inquiries@VistaPGlobal.com

SOURCE: Vista Partners LLC

ReleaseID: 501304

LOS ANGELES, CA / ACCESSWIRE / May 31, 2018 / Jericho Oil Corporation (TSX-V: JCO; OTC PINK: JROOF), a growth E&P company focused on domestic, liquids-rich unconventional resource plays, located primarily in the Anadarko basin STACK play of Oklahoma, today announced that it will be presenting at the 8th annual LD Micro Invitational on Tuesday, June 5 at 2 PM PST / 5 PM EST. Brian Williamson, CEO, will be giving the presentation and meeting with investors.

“The event is slated to be our largest Invitational to date,” stated Chris Lahiji, President of LD Micro. “When the fires caused the cancellation of our Main Event back in December, we vowed to come back even stronger. This event showcases our firm’s ability to attract the most unique and exciting names in micro-cap.”

The conference will be held at the Luxe Sunset Bel Air Hotel, will feature 230 companies in the small-cap / micro-cap space, and will be attended by over 1,000 individuals.

View Jericho Oil’s profile here: https://www.ldmicro.com/profile/JROOF.

Profiles powered by LD Micro – News Compliments of Accesswire.

About Jericho Oil

Jericho Oil (www.jerichooil.com) is focused on domestic, liquids-rich unconventional resource plays, located primarily in the Anadarko basin STACK play of Oklahoma. Jericho’s primary business objective is driving long-term shareholder value through the growth of oil and gas production, cash flow and reserves. Jericho has assembled a 55,000 net acre position across Oklahoma, including an interest in ~16,000 net acres in the STACK play.

Jericho’s current operations are focused on the oil-prone Meramec and Osage formations in the STACK. The Jericho team applies advanced engineering analyses and enhanced geological techniques to under-developed resource areas.

Based in Vancouver, British Columbia, with operational headquarters in Tulsa, Oklahoma, Jericho trades publicly on the TSX-Venture (JCO) and OTC (JROOF). Jericho participates in the STACK JV through one or more wholly owned subsidiaries.

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. The firm hosts several influential conferences annually (Invitational, Summit, and Main Event).

In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and micro-cap universe.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

Contact:

Adam Rabiner
Director, Corporate Communications
1.800.750.3520
a.rabiner@jerichooil.com

SOURCE: Jericho Oil Corporation

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VANCOUVER, BC / ACCESSWIRE / May 31, 2018 / BIG Blockchain Intelligence Group Inc. (“BIG” or “the Company”) (OTC PINK: BBKCF)(CNSX: BIGG), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that Lance Morginn, BIG’s Chief Executive Officer, is scheduled to present at the 8th Annual LD Micro Invitational on Monday, June 4th at 3:00 p.m. PT, at the Luxe Sunset Bel Air Hotel in Los Angeles, CA.

The investor presentation will be available under the Investors section of the Company’s website and can be found by visiting https://blockchaingroup.io/investors/.

Management will be available for one-on-one meetings with attendees throughout the conference. Investors are encouraged to contact their LD Micro representative or KCSA to request a meeting with management.

About BIG Blockchain Intelligence Group Inc.

BIG Blockchain Intelligence Group Inc. (BIG) brings security and accountability to the new era of cryptocurrency. BIG has developed from the ground up a Blockchain-agnostic search and analytics engine, QLUETM, enabling RegTech, Law Enforcement and Government Agencies to visually trace, track and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank VerifiedTM, offers a “risk score” for Bitcoin wallets, enabling RegTech, banks, ATMs, exchanges and retailers to meet traditional regulatory/compliance requirements.

About BitRank VerifiedTM

BIG developed BitRank VerifiedTM to be the industry standard in ranking and verifying cryptocurrency transactions. BitRank VerifiedTM offers the financial world a simplified front-end results page, enabling consumer-facing bank tellers, exchanges, eCommerce sites and retailers to know whether a proposed transaction is safe to accept, questionable, or should be denied. BitRank VerifiedTM and its API are custom tailored to provide the RegTech sector with a reliable tool for meeting their regulatory requirements while mitigating exposure to risk of money laundering or other criminal activities.

About QLUETM

QLUE™ (Qualitative Law Enforcement Unified Edge) enables Law Enforcement and RegTech investigators to literally “follow the virtual money.” QLUE™ incorporates advanced techniques and unique search algorithms to detect suspicious activity within bitcoin and cryptocurrency transactions, enabling investigators to quickly and visually trace, track and monitor transactions in their fight against terrorist financing, human trafficking, drug trafficking, weapons trafficking, child pornography, corruption, bribery, money laundering, and other cyber crimes.

CONTACT:

Investor Relations – USA

KCSA Strategic Communications
Valter Pinto, Managing Director
Scott Eckstein, VP of Market Intelligence
BlockChainGroup@KCSA.com
+1-212-896-1254

Investor Relations – Canada

Skanderbeg Capital Advisors
Adam Ross
adam@skanderbegcapital.com
+1-604-687-7130

BIG Investor Relations

Anthony Zelen
anthony@blockchaingroup.io
+1-778-819-8705

For more information and to subscribe to BIG’s mailing list, please visit our website at https://www.blockchaingroup.io/. Follow @blocksearch on Twitter. Or visit SEDAR at www.sedar.com.

View BIG Blockchain Intelligence Group’s profile here: https://www.ldmicro.com/profile/BBKCF.

Profiles powered by LD Micro – News Compliments of Accesswire.

SOURCE: BIG Blockchain Intelligence Group Inc.

ReleaseID: 501262

VANCOUVER, BC / ACCESSWIRE / May 31, 2018 / Mogo Finance Technology Inc. (TSX: MOGO) (NASDAQ: MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, announced President and Co-founder Greg Feller will present at the annual LD Micro Invitational on Monday, June 4, 2018 at 12:30 PM PST / 3:30 PM EST.

Feller will discuss the company’s technology platform, strategy to become the go-to financial app for millennials in Canada and products, including recently launched MogoCrypto. Management will be available on June 4 for one-on-one meetings with investors who are registered to attend the conference.

The presentation will be available on webcast. To access the webcast, please use the following link: http://wsw.com/webcast/ldmicro14/mogo/.

The conference will be held at the Luxe Sunset Bel Air Hotel, will feature 230 companies in the small-cap / micro-cap space, and will be attended by over 1,000 individuals.

News Compliments of Accesswire.

About Mogo

Mogo – a Vancouver -based financial technology company – is focused on building one of the “go-to” finance apps for millennials in Canada. Built mobile first, users can sign up for a free MogoAccount in only three minutes and get access to 6 products including free credit score monitoring, the MogoCrypto account which enables buying and selling of bitcoin, identity fraud protection, the Mogo Platinum Prepaid Visa® Card, mortgages, and personal loans. The platform is engineered to deliver multiple financial products at scale through one account and enable the rapid launch of new features and products. With more than 600,000 members and growing, Mogo continues to empower consumers with simple solutions to help them improve their financial health. To learn more, please visit mogo.ca or download the mobile app (iOS or Android).

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. The firm hosts several influential conferences annually (Invitational, Summit, and Main Event). In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and micro-cap universe.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

Forward-Looking Statements

This news release may contain “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Mogo’s expressed or implied by these forward-looking statement are subject to a number of risks, uncertainties and conditions, many of which are outside of Mogo’s control. For a description of the risks associated with Mogo’s business please refer to the “Risk Factors” section of Mogo’s annual information form dated March 6, 2018 which is available at www.sedar.com and in Mogo’s filings with the SEC on its website at www.sec.gov. Except as required by law, Mogo disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Contact:

Craig Armitage
Investor Relations
craiga@mogo.ca
(416) 347-8954

SOURCE: MOGO Finance Technology

ReleaseID: 501373

Stock Monitor: Seadrill Partners Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free research report on Kimbell Royalty Partners, L.P. (NYSE: KRP) (“Kimbell”), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=KRP as the Company’s latest news hit the wire. On May 29, 2018, the Company disclosed that it plans to acquire the mineral and royalty interests held by Houston-based Haymaker Minerals & Royalties, LLC and Haymaker Resources, LP (jointly referred to as “Haymaker”). The stock plus cash deal is valued at approximately $404 million. Register today and get access to over 1,000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Seadrill Partners LLC (NYSE: SDLP), which also belongs to the Basic Materials sector as the Company Kimbell Royalty Partners. Do not miss out and become a member today for free to access this upcoming report at:

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

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Kimbell Royalty Partners 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=KRP

Management Comments

Commenting on acquiring the mineral and royalty interests from Haymaker, Bob Ravnaas, Chairman and Chief Executive Officer (CEO) of Kimbell, said:
“Through this combination of highly complementary minerals portfolios, Kimbell is uniquely positioned to be a major participant in the best-performing, highest-growth oil and gas basins in the Lower 48.”

Karl Brensike, CEO of Haymaker, added:

“We believe this acquisition will kick off a new phase of consolidation across the sector, as private equity looks to divest their mineral interests to longer-term holders. Kimbell’s diversified asset base and access to capital through their proposed tax structure will position them to continue to make accretive acquisitions over the coming years.”

Details of the Transaction

The acquisition is a layered transaction wherein Kimbell has agreed to acquire certain subsidiaries of both Haymaker Resources, LP (owned by KKR & Co. L.P. and Haymaker management) and Haymaker Minerals and Royalties LLC (owned by Haymaker management and other investors). As part of this transaction, Kimbell will acquire the mineral and royalty interests held by Haymaker. The entire transaction is valued at $404 million, of which the mineral and royalty interests are valued at approximately $242 million. Kimbell will pay approximately $210 million in cash and 10 million common units of Kimbell. The Kimbell units are valued at approximately $194 million based on Kimbell’s unit price of $19.40 at the time of closing on May 25, 2018. The Boards of Directors of both Kimbell and Haymaker have approved the transaction. The deal is effective from April 01, 2018, and is expected to close in Q3 2018, subject to regulatory approvals and other closing conditions.

At the close of the acquisition, Haymaker’s private equity sponsors, KKR & Co. L.P., Kayne Anderson Capital Advisors, L.P., and Haymaker management will jointly own approximately 37% stake in Kimbell.

The combined Company will be managed by Kimbell’s management team under the leadership of Bob Ravnaas, the current CEO of Kimbell, on completion of the deal.

Financing for the Acquisition

Kimbell plans to finance the cash portion of the deal using a mix of equity sale plus fresh debt. Accordingly, Kimbell has partnered with an affiliate of Apollo Global Management, LLC (“Apollo”) to raise $110 million via a private placement of 7.00% Series A Cumulative Convertible Preferred Units. The highlight of these preferred units is that they will offer a 7% cash distribution which will be payable quarterly in arrears. The Company can redeem the Series A Preferred Units at any time for cash. Once the transaction completes two years, Apollo has the option of converting some or all of the Series A Preferred Units if the unit price is at a 30% premium to its offer price. These units will have voting rights once they are converted to common units of Kimbell.

The Company has also finalized a fully-underwritten $200 million revolving credit facility with Frost Bank, Wells Fargo Bank, and Credit Suisse AG. The Company plans to use $114 million from this revolving credit facility to finance the cash portion of the deal. Once the transaction is completed, the Company will have approximately $64 million as credit available under the new revolving credit facility, which will help the Company’s overall liquidity position.

Benefits of the Deal

Once the acquisition is completed, the Company will have a total of 11.1 million gross acre position across 73 active rigs on its properties. This represents 7% of total active rigs in the US and 95% of all rigs in the Lower 48 are located in counties where Kimbell will hold mineral interest positions. The deal allows Kimbell to strengthen its position in the Permian Basin with the addition of mineral interests in the Midland Basin.

The deal is expected to be accretive to the Company’s distributable cash flows immediately. The deal is expected to result in a 12% increase in Kimbell’s free cash flow on a pro-forma basis in Q1 2018. The deal is also expected to increase production by over 50% on a per unit basis and result in general and administrative (G&A) expenses savings of 50% per Boe on a run-rate basis.

The acquisition is highly beneficial to Kimbell and will increase the Company’s net royalty acres per unit by 10% on a pro-forma basis.

Proposal to Become a Taxable Entity

The Company has proposed to change its tax status to that of a taxable entity. The change in tax status will allow the Company to attract large domestic and international investors, which will increase its liquidity and support its growth strategy. KKR, Kayne, Haymaker management, and Apollo who constitute a majority of unitholders in the Company required to approve the change in tax status have agreed to vote in favor of the change. The Board of Directors at Kimbell will finalize the actual tax structure and file the details with the Securities and Exchange Commission (SEC) and also distribute the information to its other unitholders.

About Kimbell Royalty Partners LP

Fort Worth, Texas-based Kimbell was formed in 1998 and is an oil and gas mineral and royalty variable rate master limited partnership. Kimbell is managed by its general partner, Kimbell Royalty GP, LLC. The Company owns mineral and royalty interests in approximately 5.7 million gross acres in twenty states and across every major onshore basin in the continental US, including ownership in more than 50,000 gross producing wells with over 30,000 wells in the Permian Basin.

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, Kimbell Royalty Partners’ stock marginally dropped 0.95%, ending the trading session at $20.80.
Volume traded for the day: 87.67 thousand shares, which was above the 3-month average volume of 27.98 thousand shares.

Stock performance in the last month – up 17.18%; previous three-month period – up 9.47%; past twelve-month period – up 4.79%; and year-to-date – up 28.00%

After yesterday’s close, Kimbell Royalty Partners’ market cap was at $351.73 million.

The stock has a dividend yield of 5.77%.

The stock is part of the Basic Materials sector, categorized under the Oil & Gas Drilling & Exploration industry. This sector was up 2.5% at the end of the session.

Active-Investors:

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SOURCE: Active-Investors

ReleaseID: 501375

Stock Research Monitor: HAIN, UNFI, and USFD

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want a free Stock Review on SYY sign up now at www.wallstequities.com/registration. On May 21st, 2018, First Research reported that rising global populations and demand for food are expected to drive growth in the food distribution industry, especially in emerging markets where disposable incomes are growing. Because of the perishability of many of the products they distribute, Food Wholesalers typically operate within a single country or region. Ahead of today’s trading session, WallStEquities.com covers the recent performance of: Sysco Corp. (NYSE: SYY), The Hain Celestial Group Inc. (NASDAQ: HAIN), United Natural Foods Inc. (NASDAQ: UNFI), and US Foods Holding Corp. (NYSE: USFD). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Sysco

Houston, Texas headquartered Sysco Corp.’s stock finished Wednesday’s session 1.38% higher at $66.05 with a total trading volume of 2.30 million shares. The Company’s shares have advanced 5.61% in the past month, 10.73% over the previous three months, and 21.86% over the past year. The stock is trading above its 50-day and 200-day moving averages by 6.84% and 13.28%, respectively. Furthermore, shares of Sysco, which through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the US, Canada, Bahamas, Mexico, Costa Rica, Panama, the UK, France, Sweden, Ireland, Belgium, Spain, and Luxembourg, have a Relative Strength Index (RSI) of 75.35.

On May 02nd, 2018, research firm Pivotal Research Group reiterated its ‘Buy’ rating on the Company’s stock with a decrease of the target price from $61 a share to $56 a share.

On May 24th, 2018, Sysco announced that its Board of Directors declared a regular quarterly cash dividend of $0.36 per share, payable on July 27th, 2018, to common shareholders of record at the close of business on July 06th, 2018. Get the full research report on SYY for free by clicking below at:

www.wallstequities.com/registration/?symbol=SYY

Hain Celestial Group

Shares in Lake Success, New York headquartered The Hain Celestial Group Inc. ended at $26.13, up 1.95% from the last trading session. The stock recorded a trading volume of 809,885 shares. The Company’s shares are trading 11.64% below their 50-day moving average. Moreover, shares of Hain Celestial, which manufactures, markets, distributes, and sells organic and natural products, have an RSI of 36.17.

On May 08th, 2018, research firm Maxim Group reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $50 a share to $40 a share.

On May 08th, 2018, Hain Celestial reported its results for Q3 ended March 31st, 2018. Net sales for the quarter were $632.7 million, gross margin was 21.0%, and operating income was $29.3 million. Net income for Q3 of fiscal 2018 was $25.2 million, and EBITDA was $51.5 million. Gain free access to the research report on HAIN at:

www.wallstequities.com/registration/?symbol=HAIN

United Natural Foods

Providence, Rhode Island headquartered United Natural Foods Inc.’s stock ended yesterday’s session 2.58% higher at $46.55. A total volume of 553,018 shares was traded, which was above their three months average volume of 450,150 shares. The Company’s shares have advanced 3.40% in the past month, 9.09% over the previous three months, and 17.08% over the past year. The stock is trading 4.54% and 7.42% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the US and Canada, have an RSI of 59.62.

On May 23rd, 2018, United Natural Foods announced that it will release its financial results for Q3 FY18 ended April 28th, 2018, after market close on June 06th, 2018. Management will host a conference call on the same day at 5:00 p.m. ET to discuss the results, market trends, and outlook. Signing up today on Wall St. Equities will give you access to the latest report on UNFI at:

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US Foods Holding

On Wednesday, shares in Rosemont, Illinois headquartered US Foods Holding Corp. recorded a trading volume of 1.91 million shares. The stock finished 1.55% higher at $36.11. The Company’s shares have advanced 5.65% in the last month, 8.15% in the previous three months, and 20.69% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.69% and 17.76%, respectively. Furthermore, shares of the Company, which through its subsidiary, US Foods, Inc., markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the US, have an RSI of 66.82.

On May 15th, 2018, research firm Morgan Stanley upgraded the Company’s stock rating from ‘Equal-Weight’ to ‘Overweight’.

On May 22nd, 2018, US Foods announced that its CFO, Dirk Locascio, will present at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference on June 05th, 2018, at 10:05 a.m. EST in New York City. A live audio webcast will be available under the Investor Relations page of the Company’s website. Register now for today’s free coverage on USFD at:

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