Monthly Archives: May 2018

Free Research Report as CF Industries Turned Profitable Y-O-Y

Stock Monitor: American Vanguard Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free earnings report on CF Industries Holdings, Inc. (NYSE: CF), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CF. CF Industries reported its first quarter fiscal 2018 operating and financial results on May 02, 2018. The fertilizer maker beat earnings estimates. 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 American Vanguard Corporation (NYSE: AVD), which also belongs to the Basic Materials sector as the Company CF Industries Holdings. Do not miss out and become a member today for free to access this upcoming report at:

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

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, CF Industries Holdings 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=CF

Earnings Highlights and Summary

CF Industries’ net sales in the first quarter of 2018 decreased to $957 million from $1.04 billion in Q1 2017, due to lower sales volumes across most segments. The Company’ earnings lagged behind analysts’ estimates of $1.05 billion.

During Q1 2018, CF Industries’ total sales volumes were lower on a y-o-y basis, due to unfavorable weather that delayed the start of the spring application season across the Northern Hemisphere. The Company’s average selling prices for the reported quarter were higher on a y-o-y basis, across most segments due primarily to a tighter global nitrogen supply and demand balance driven by less nitrogen production from marginal producers in Eastern Europe and China.

For Q1 2018, CF Industries’ average selling price for ammonia was $319 per ton compared to $307 per ton in Q1 2017. The Company’s average selling price for urea was $269 per ton in the reported quarter compared to $248 per ton in the year earlier same quarter, and the average selling price for UAN was $170 per ton in Q1 2018 compared to $171 per ton in Q1 2017.

In Q1 2018, CF Industries’ cost of sales decreased on a y-o-y basis, primarily driven by lower sales volumes and lower realized gas costs, and an unrealized net mark-to-market gain on natural gas derivatives of $3 million in Q1 2018 compared to an unrealized net mark-to-market loss on natural gas derivatives of $53 million in Q1 2017.

During Q1 2018, CF Industries’ average cost of natural gas reflected in the company’s cost of sales was $3.33 per MMBtu compared to the average cost of natural gas in cost of sales of $3.65 per MMBtu for Q1 2017. During the reported quarter, the average price of natural gas at Henry Hub in North America was $3.02 per MMBtu, and the average price of natural gas at the National Balancing Point in the United Kingdom was $8.20 per MMBtu.

CF Industries reported net earnings attributable to common stockholders of $63 million, or $0.27 per diluted share, compared to net loss attributable to common stockholders of $23 million, or $0.10 per diluted share. The Company’s earnings beat Wall Street’s estimates of $0.23 per share.

For Q1 2018, CF Industries’ earnings before interest, tax, depreciation, and amortization (EBITDA) totaled $302 million and adjusted EBITDA was $296 million compared to EBITDA of $218 million and adjusted EBITDA of $272 million in Q1 2017

Market Overview

CF Industries’ management expects demand in North America for nitrogen fertilizer for H1 2018 to be similar to H1 2017, projecting 88 million – 90 million acres of corn, 46 million acres of wheat, and 13 million acres of cotton to be planted in the United States, along with 25 million acres of wheat and 21 million acres of canola in Canada.

In Q1 2018, urea barge prices at New Orleans traded at an average of $13 per ton below international parity, continuing a trend since early 2017 and discouraging excess imports into the region. The Company is estimating imports of nitrogen into North America to continue to trend lower as global trade flows adjust to account for the additional production coming from the ramp-up of the remaining North American nitrogen capacity additions.

Cash Matters

CF Industries’ capital expenditures for new activity are estimated to be in the range of approximately $400 million to $450 million in 2018, which takes into account a higher number of scheduled plant turnarounds in 2018 compared to 2017.

As of March 31, 2018, CF Industries had cash and cash equivalents of $936 million on the balance sheet, had no borrowings outstanding under its $750 million revolving credit facility and was in compliance with all applicable covenant requirements under its debt instruments.

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, CF Industries’ stock was slightly up 0.90%, ending the trading session at $41.54.

Volume traded for the day: 1.70 million shares.

Stock performance in the last month – up 7.06%; previous three-month period – up 0.73%; past six-month period – up 15.65%; and last twelve-month – up 48.84%

After yesterday’s close, CF Industries’ market cap was at $9.72 billion.

The stock has a dividend yield of 2.89%.

The stock is part of the Basic Materials sector, categorized under the Agricultural Chemicals industry. This sector was up 2.5% 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.

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, visithttp://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:

Email: info@active-investors.com

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: 501318

Free Research Report as CVS’ Revenues Grew 2.6% and Adjusted EPS Surged 26%

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free earnings report on CVS Health Corp. (NYSE: CVS) (“CVS”), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CVS. The Company reported its first quarter fiscal 2018 operating and financial results on May 02, 2018. The drugstore chain and pharmacy benefit manager surpassed earnings expectations. Additionally, the Company provided an update on the Aetna Inc. acquisition as well as guidance for the upcoming quarter and fiscal year 2018. 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 focused on giving you timely information and the inside line on companies that matter to you. This morning, CVS Health 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=CVS

Earnings Highlights and Summary

For the three months ended March 31, 2018, CVS’ net revenues increased 2.6% to approximately $45.69 billion, up from $44.51 billion in Q1 2017. The Company’s revenue numbers lagged analysts’ estimates of $45.77 billion.

During Q1 2018, CVS’ consolidated operating profit increased 8.5% to $1.95 billion on a y-o-y basis, driven by a decrease in store rationalization costs of $199 million, offset by a loss of $86 million on the divestiture of the Company’s RxCrossroads subsidiary, and an increase in acquisition-related transaction and integration costs of $28 million.

For Q1 2018, CVS posted a net income of $998 million, or $0.98 per diluted share, compared to $952 million, or $0.92 per diluted share, in Q1 2017. The increase was primarily due to the $153 million increase in operating profit, less a $221 million increase in interest expenses primarily due to the net interest expense on the financing associated with the proposed acquisition of Aetna.

CVS’ adjusted earnings jumped to $1.48 per diluted share in Q1 2018 compared to $1.17 per diluted share in Q1 2017. The Company’s earnings surpassed Wall Street’s estimates of $1.41 per share.

Segment Results

During Q1 2018, CVS’ Pharmacy Services segment’s revenues increased 3.2% to approximately $32.2 billion, primarily driven by a growth in pharmacy network and specialty claim volume, as well as brand inflation. During the reported quarter, Pharmacy network claims processed increased 6.0% to 399.5 million on a 30-day equivalent basis compared to 376.8 million in the prior year’s same period. On a 30-day equivalent basis, mail choice claims processed increased 8.9% to 69.3 million during Q1 2018 compared to 63.7 million in Q1 2017, attributed to the continued adoption of the Company’s Maintenance Choice® offerings.

For Q1 2018, CVS’ Retail/LTC segment’s revenues grew 5.6% to approximately $20.4 billion, primarily due to an increase in same-store prescription volumes of 8.5% on a 30-day equivalent basis, due to the continued adoption of the Company’s Patient Care Programs, partnerships with PBM’s and health plans, and its inclusion in a number of additional Medicare Part D networks in Q1 2018, as well as brand inflation.

During Q1 2018, CVS’ same-store sales increased 5.8% and pharmacy same-store sales increased 7.3% on a y-o-y basis. The increase in pharmacy same-store sales was principally driven by the increase in pharmacy same-store prescription volumes. The Company’s front store same-store sales increased 1.6% in the reported quarter, driven by a favorable impact of approximately 90 basis points as a result of the shift of sales associated with the Easter holiday to Q1 2018 from Q2 2017. The impact of seasonal cough and cold accounted for approximately 70 basis points of additional favorability in the reported quarter.

For Q1 2018, CVS’ generic dispensing rate increased approximately 65 basis points to 87.6% in the Company’s Pharmacy Services segment, and increased approximately 60 basis points to 88.1% in the Retail/LTC segment.

Aetna Transaction Progress

CVS’ acquisition of Aetna, announced in December 2017, was approved by shareholders of both Companies on March 13, 2018. The Company noted that the regulatory approval process is proceeding within a timeframe consistent with expectations. The transaction is still expected to close during H2 2018.

Outlook

For the full fiscal year 2018, CVS is forecasting a GAAP operating profit growth of down 0.25% to up 2.75%, and confirmed its previous adjusted consolidated operating profit growth guidance of down 1.5% to up 1.5%. The Company also expects to deliver GAAP diluted earnings per share (EPS) of $5.11 to $5.32 and adjusted EPS of $6.87 to $7.08 for FY18.

For the second quarter of the fiscal year 2018, CVS is projecting GAAP operating profit growth of 5.25% to 8.5%, and adjusted consolidated operating profit growth of flat to up 3.25%. Additionally, the Company expects to deliver GAAP diluted EPS in the band of $1.21 to $1.26 and adjusted EPS of $1.59 to $1.64.

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, CVS Health’s stock climbed 1.84%, ending the trading session at $65.99.

Volume traded for the day: 6.50 million shares.

After yesterday’s close, CVS Health’s market cap was at $67.05 billion.

Price to Earnings (P/E) ratio was at 13.08.

The stock has a dividend yield of 3.03%.

The stock is part of the Healthcare sector, categorized under the Health Care Plans industry. This sector was up 1.4% 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.

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, visithttp://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:

Email: info@active-investors.com

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: 501319

Free Research Report as Enphase Energy’s Quarterly Revenue Advanced 27.80%

Stock Monitor: Photronics Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free earnings report on Enphase Energy, Inc. (NASDAQ: ENPH) (“Enphase”), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ENPH. On May 01, 2018, Enphase reported financial results for the first quarter of 2018 ending March 31, 2018. The Company surpassed analysts’ estimates for earnings as well as revenue in Q1 FY18. 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 Photronics, Inc. (NASDAQ: PLAB), which also belongs to the Technology sector as the Company Enphase Energy. Do not miss out and become a member today for free to access this upcoming report at:

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

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Enphase Energy 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=ENPH

Earnings Highlights and Summary

Enphase’s total revenues reached $69.97 million for Q1 FY18, reflecting an increase of 27.80% from $54.75 million in Q1 FY17. The reported revenue number exceeded analysts’ consensus estimates of $67.30 million.

During Q1 FY18, Enphase’s cost of revenues was $51.66 million, 8.29% higher than $47.70 million in Q1 FY17. The Company’s gross profit advanced 159.86% to $18.32 million in the reported quarter from $7.05 million in the previous year’s same quarter. Enphase improved 13.30 percentage points to 26.17% in Q1 FY18 from 12.87% in Q1 FY17 led by pricing management, supply chain optimization, and IQ platform transition.

Enphase incurred operating expenses of $20.79 million in Q1 FY18, 28.66% lower than $29.14 million in Q1 FY17. In the quarter under review, the Company’s research and development (R&D) expenses fell 20.67% to $7.62 million on a y-o-y basis; sales and marketing expenses declined 3.58% to $6.23 million on a y-o-y basis; and general and administrative (G&A) advanced 19.03% to $6.94 million on a y-o-y basis. Enphase’s loss from operations narrowed to $2.48 million in the reported quarter from $22.10 million in the previous year’s same quarter.

Enphase reported a net loss of $5.13 million, or $0.06 per share, for the quarter ending March 31, 2018, after a net loss of $23.31 million, or $0.30 per share, in the same period last year. The reported earnings included stock-based compensation, reserve for non-recurring legal matter, and non-cash interest expense. Excluding these special items, Enphase had an adjusted net loss of $1.26 million in Q1 FY18 compared to $13.62 million in Q1 FY17. The Company’s adjusted net loss per share was $0.01 in the quarter under review, up from $0.18 in the prior year corresponding quarter. For Q1 FY18, analysts estimated net loss per share of $0.03 for Enphase.

Cash Matters

Enphase had cash and cash equivalents of $53.26 million as on March 31, 2018, 82.73% higher than $29.14 million as on December 31, 2017.

Enphase’s cash inflow from operating activities was $3.36 million for the three months ending March 31, 2018, compared to cash outflow from operating activities of $24.51 million in the same period last year.

Enphase spent $1.04 million on purchases of property and equipment in Q1 FY18, a decrease of 69.91% from $3.47 million in Q1 FY17.

Outlook

For the second quarter of 2018, Enphase expects revenue to be in the range of $72 million to $80 million. The Company expects GAAP and non-GAAP gross margin to be within a range of 26% to 29% in Q2 FY18. Enphase anticipates non-GAAP operating expense of $17.50 million to $18.50 million and GAAP operating expense of $19.50 million to $20.50 million in Q2 FY18, including stock-based compensation expense of $2 million.

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, Enphase Energy’s stock rose 6.50%, ending the trading session at $6.23.

Volume traded for the day: 3.74 million shares, which was above the 3-month average volume of 2.04 million shares.

Stock performance in the last month – up 50.12%; previous three-month period – up 87.65%; past twelve-month period – up 730.67%; and year-to-date – up 158.51%

After yesterday’s close, Enphase Energy’s market cap was at $623.75 million.

Price to Earnings (P/E) ratio was at 74.17.

The stock is part of the Technology sector, categorized under the Semiconductor Equipment & Materials industry. This sector was up 0.9% 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.

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, visithttp://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:

Email: info@active-investors.com

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: 501320

Blog Exposure – Evogene Signs Collaboration Agreement with BASF for Development of Novel Insecticides

Stock Monitor: Oncobiologics Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free research report on Evogene Ltd (NASDAQ: EVGN), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=EVGN as the Company’s latest news hit the wire. On May 29, 2018, the Company, which is a leading biotechnology organization developing novel products for life science markets, and BASF, which is one of the world’s leading chemical Companies, declared on May 29, 2018, that they have signed a new collaboration agreement for the development of novel insecticides based on new binding areas (Site-of-Action or ‘SoA’) on key insecticidal target proteins. 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 Oncobiologics, Inc. (NASDAQ: ONS), which also belongs to the Healthcare sector as the Company Evogene. Do not miss out and become a member today for free to access this upcoming report at:

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

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

Collaboration to Develop Innovative Solutions for Customers

Discovering effective chemistries that can enhance selectivity between harmful insects and non-target species is amongst the main innovation drivers in the agriculture industry. Harold Bastiaans, Vice President Global R&D Insecticides, BASF Crop Protection, shared that the combination of Evogene’s technology platform with BASF’s leading expertise in research and development (R&D) of new active ingredients will enable the Companies to accelerate the discovery and development of novel, effective, and safe solutions for their customers.

First Milestone in the Collaboration Agreement

The Companies shared that the collaboration reached its first project milestone, which is the joint nomination of a set of novel SoAs. These SoAs have been developed by Evogene and will eventually advance to the discovery phase of relevant bioactive compounds.

In the initial phase of this collaboration, Evogene devised a smart process to detect potential novel compounds that can act on new proteins and binding sites. For this, the Company leveraged its strong background in computational methods. Insecticides are very important for checking insect damage and infestations that affect public health, as well as increasing the quality and quantity of crops.

In this regard, Eran Kosover, Executive Vice President and General Manager of the Ag-Chemicals division at Evogene, expressed his excitement on achieving the first milestone towards the discovery and development of new insecticides. Achieving this milestone is an important step in establishing Evogene’s Ag-Chemicals division’s entry into Insecticides. Besides, it is also an important extension of the Company’s relationship with BASF.

The Companies did not disclose the financial terms of the collaboration.

The Next Phase of the Collaboration

In the next phase of this collaboration, Evogene intends to use its Computational Predictive Biology (CPB) platform for the discovery of the relevant chemistry to address the new SoAs. Subsequently, compounds discovered by Evogene will enter BASF’s insecticide discovery platform for insect efficacy screening and testing to assess the chemistry’s ability to modulate the respective target proteins.

Ofer Haviv, Evogene’s President and Chief Executive Officer (CEO), expressed his pleasure on signing this additional collaboration with BASF. He believes that this collaboration has the potential to bring to market new insecticides that will provide the required solutions to farmers. Besides, the results achieved in this collaboration also highlight the predictive capabilities of Evogene’s CPB platform.

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, Evogene’s stock slightly advanced 0.66%, ending the trading session at $3.05.

Volume traded for the day: 24.16 thousand shares, which was above the 3-month average volume of 9.87 thousand shares.

After yesterday’s close, Evogene’s market cap was at $78.54 million.

The stock is part of the Healthcare sector, categorized under the Biotechnology industry. This sector was up 1.4% 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.

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, visithttp://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:

Email: info@active-investors.com

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: 501321

Free Post Earnings Research Report: Qorvo’s Adjusted EPS Scaled 25.9%

Stock Monitor: NXP Semiconductors Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free earnings report on Qorvo, Inc. (NASDAQ: QRVO), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=QRVO. The Company reported its financial results on May 02, 2018, for the fourth quarter of the fiscal year 2018 (Q4 FY18). The Company, which is a provider of innovative radio frequency (RF) solutions that connect the world, exceeded market expectations for revenue and earnings for Q4 FY18. Additionally, the Company provided guidance for the first quarter of the fiscal year 2019. 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 NXP Semiconductors N.V. (NASDAQ: NXPI), which also belongs to the Technology sector as the Company Qorvo. Do not miss out and become a member today for free to access this upcoming report at:

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

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

Earnings Highlights and Summary

On a GAAP basis, Qorvo’s revenues improved 3.5% to $665.4 million in Q4 FY18 compared to $643.0 million in Q4 FY17, beating market estimates of $656.6 million. For the reported quarter, the Company’s non-GAAP revenues increased to $664.4 million compared to $642.0 million in the year ago same period.

During the reported quarter, Qorvo posted a gross profit and a gross margin on a GAAP basis of $252.6 million and 38.0%, respectively, versus $231.6 million and 36.0%, respectively, in the year ago comparable period. On a non-GAAP basis, the Company’s gross profit and gross margin increased to $318.7 million and 48.0%, respectively, in Q4 FY18 compared to $296.5 million and 46.2%, respectively, in Q4 FY17.

During Q4 FY18, Qorvo posted a GAAP operating loss of $31.8 million versus a loss of $24.5 million in Q4 FY17. On a non-GAAP basis, the Company’s operating income advanced to $163.1 million in the reported quarter compared to $133.4 million in the prior year’s corresponding period.

For Q4 FY18, Qorvo reported a GAAP net loss of $12.5 million, or $0.10 loss per diluted share, compared to a net profit of $55.9 million, or $0.43 income per diluted share, in Q4 FY17. The Company’s earnings per share (EPS) on a non-GAAP basis soared 25.9% to $1.07 in the reported quarter compared to $0.85 in the year ago same quarter; surpassing market expectations of $1.05.

Segment Details

Qorvo operates through two segments, namely (i) Mobile Products (MP); and (ii) Infrastructure and Defense Products (IDP).

Qorvo’s MP segment did better than expected due to improving demand from China’s phone makers. The Company’s MP segment won an advanced ‘Phase 6′ integrated front-end module, with additional antenna tuning and envelope tracking (ET) components, from a ‘China-based smartphone manufacturer’.

For the reported quarter, Qorvo’s IDP segment added record revenues of $212.0 million, increasing 26% on a y-o-y basis, primarily driven by a strong demand for the Company’s solutions in defense (advanced radars and other electronic warfare products), and connectivity (Wi-Fi and emerging IoT applications). In the reported quarter, the Company announced the industry’s most powerful GaN-on-SiC transistor, boosting signal integrity and range with 1.8KW of output power at 65V.

Cash Matters

As of March 31, 2018, Qorvo’s cash and cash equivalents stood at $926.0 million compared to $545.5 million as of April 01, 2017. The Company had a long-term debt of $983.3 million as of March 31, 2018, compared to $989.2 million as of April 01, 2017. During the reported quarter, the Company generated net cash inflow from operating activities of $259.0 million versus $247.1 million in the year ago comparable period. The Company had free cash flow of $226.8 million in Q4 FY18 compared to $81.3 million in Q4 FY17.

On May 23, 2018, Qorvo’s Board of Directors approved the repurchase of up to $1 billion share of its outstanding common stock.

Outlook

For Q1 FY19, Qorvo expects revenues to be in the range of $645 million to $665 million. The Company anticipates gross margin to be approximately 44% in Q1 FY19. The Company expects diluted EPS to be $0.75 at the midpoint of the guidance.

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, Qorvo’s stock climbed 1.24%, ending the trading session at $80.93.

Volume traded for the day: 1.13 million shares.

Stock performance in the last month – up 20.07%; previous three-month period – up 0.27%; past twelve-month period – up 2.90%; and year-to-date – up 21.52%

After yesterday’s close, Qorvo’s market cap was at $10.20 billion.

Price to Earnings (P/E) ratio was at 77.82.

The stock is part of the Technology sector, categorized under the Semiconductor – Broad Line industry. This sector was up 0.9% 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.

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, visithttp://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:

Email: info@active-investors.com

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: 501307

Emerging Markets Report: Off The Grid

ORLANDO, FL / ACCESSWIRE / May 31, 2018 / The advent of electric vehicles is clear to both investors and citizens alike as brands like electric automobile pioneer Tesla Motors border on ubiquity. Its electric batteries are at the core of their successes and National Geographic recently posted a fairly bold pronouncement that, ”Based on how quickly horses and buggies disappeared in the early 1900s… more than 90 percent of all passenger vehicles in the U.S., Canada, Europe and other rich countries could be electric by 2040.” (Source: https://bit.ly/2lGZM1D)

Forbes is equally bullish on the electric car market in a recent news item, taking a step further down the electric road and focusing on the power behind the essential electric battery power – the metal cobalt. In the article ”Elon Musk Needs More Cobalt- And So Do We,” the author argues that ”…the importance of the metal cobalt in the growing electric vehicle market and beyond will continue. Cobalt is a key ingredient used in the lithium-ion batteries that continue to proliferate across a variety of markets. Cobalt now sells for ~$95,000 per ton, compared to $23,000 two years ago, and surging demand for electric vehicles, jet engines, mobile phones, and laptops could lead to major shortages and even higher prices. This year alone, demand for cobalt could increase 40-50%, with use in the battery sector alone exploding 15-20 fold by 2030.” (Source: https://bit.ly/2x7fw6V)

The rise of Cobalt’s price is extraordinary, as are the forecasts to say the least, and it certainly explains the aggressive moves by companies like Canada-based International Cobalt Corp. (OTC PINK: COBAF). A simple review of their recent news expresses some strong acquisitions, looking to further stake their claim in the red-hot cobalt market”

International Cobalt Acquires Two Additional Projects (April 2018)

International Cobalt Acquires Additional Cobalt Project (March 2018)

These are two significant acquisitions in just the last few months which add to an existing and substantive portfolio of resource operations in Canada and the United States, including the renowned Idaho Cobalt Belt. Take a look: http://internationalcobalt.com/projects/.

The nexus of International Cobalt Group’s pursuit of cobalt mining projects and forecasts that suggest that there is a bright, bright future for electric vehicles and the cobalt in their specialized batteries is compelling. As with many industries, the power behind the power can also be an opportunity.

For more information on International Cobalt Corp. (OTC PINK: COBAF), please visit: http://internationalcobalt.com.

About The Emerging Markets Report:

Emerging Markets Report is owned and operated by Emerging Markets Consulting, a syndicate of investor relations consultants representing years of experience. Our network consists of stock brokers, investment bankers, fund managers, and institutions that actively seek opportunities in the micro and small-cap equity markets.

For more informative reports such as this, please sign up at http://www.emergingmarketsllc.com/newsletter.php.

To receive free Research Reports from our Research Division, please subscribe today at: www.PracticalResearchPartners.com.

Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below.

We may purchase Securities of the Profiled Company prior to their securities becoming publicly traded, which we may later sell publicly before, during or after our dissemination of the Information, and make profits therefrom. EMC does not verify or endorse any medical claims for any of its client companies.

EMC has been paid 15,000 by Lake Group Media on behalf of International Cobalt Corp. (COBAF) for various marketing services including this report. EMC does not independently verify any of the content linked-to from this editorial.

http://emergingmarketsllc.com/disclaimer.php

Emerging Markets Consulting, LLC
Florida Office
15701 State Road 50, Suite #205
Clermont, FL 34711
E-mail: jamespainter@emergingmarketsllc.com
Web: www.emergingmarketsllc.com

SOURCE: Emerging Markets Report

ReleaseID: 501292

Blog Exposure – Scorpio Tankers to Sell and Leaseback Six MR Product Tankers

Stock Monitor: StealthGas Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free research report on Scorpio Tankers Inc. (NYSE: STNG), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=STNG as the Company’s latest news hit the wire. On May 29, 2018, the Company announced that it has signed a deal to sell and leaseback six MR product tankers to China Huarong Shipping Financial Leasing Co., Ltd. The six MR are STI Opera, STI Virtus, STI Venere, STI Aqua, STI Dama, and STI Regina. 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 StealthGas Inc. (NASDAQ: GASS), which also belongs to the Services sector as the Company Scorpio Tankers. Do not miss out and become a member today for free to access this upcoming report at:

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

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Scorpio Tankers 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=STNG

Upon completion, Scorpio Tankers’ liquidity is expected to increase by $48 million in aggregate after the repayment of outstanding debt.

Deal Details

As part of the agreements, Scorpio Tankers will bareboat charter-in the vessels for a period of eight years.
Additionally, the Company has purchase options beginning at the end of the third year of each agreement. There is also a purchase obligation for each vessel upon the expiration of each agreement.
These lease financing arrangements are subject to customary conditions precedent and the execution of definitive documentation.

These lease financing arrangements are part of the Company’s new financing initiatives that were announced in April 2018.

Scorpio Tankers’ Recent Sale and Leaseback Deal

On May 17, 2018, the Company agreed to sell and leaseback three MR product tankers (STI Ville, STI Fontvieille, and STI Brooklyn) and two LR2 product tankers (STI Rose and STI Rambla) to AVIC International Leasing Co., Ltd. Upon completion, Scorpio Tankers’ liquidity was expected to increase by $42 million in aggregate after the repayment of outstanding debt. As part of the agreements, the Company would bareboat charter-in the vessels for a period of eight years. Additionally, Scorpio Tankers purchased options beginning at the end of the second year of each agreement. There was also a purchase obligation for each vessel upon the expiration of each agreement.

Scorpio Tankers’ New Financing Initiatives

On April 25, 2018, the Company announced that it has signed term sheets or agreed main terms for a series of bank loans and sale leasebacks to refinance certain of its outstanding secured indebtedness. These transactions would be expected to raise $334 million in aggregate of new liquidity after the repayment of the existing secured debt related to these vessels. The terms and conditions of the credit facilities and lease financing arrangements, including covenants, pricing, and advance rates, are similar to those in Scorpio Tankers’ existing credit facilities and lease financing arrangements. These new credit facilities and lease financing arrangements are subject to credit approval, customary conditions precedent, and the execution of definitive documentation.

About Scorpio Tankers Inc.

Founded in 2009 and headquartered in Monaco, Scorpio Tankers is a leading international provider in the transportation of refined petroleum products. The Company currently owns or finance leases 109 product tankers (38 LR2 tankers, 12 LR1 tankers, 45 MR tankers, and 14 Handymax tankers) with an average age of 2.8 years; and time or bareboat charters-in 17 product tankers (two LR2 tankers, eight MR tankers, and seven Handymax tankers).

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, Scorpio Tankers’ stock climbed 2.12%, ending the trading session at $2.89.

Volume traded for the day: 4.35 million shares, which was above the 3-month average volume of 3.59 million shares.

Stock performance in the last month – up 8.65%; and previous three-month period – up 25.65%

After yesterday’s close, Scorpio Tankers’ market cap was at $965.35 million.

The stock has a dividend yield of 1.38%.

The stock is part of the Services sector, categorized under the Shipping industry. This sector was up 1.0% 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.

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, visithttp://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:

Email: info@active-investors.com

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: 501309

Wired News – Sonoco Acquired Remaining 70% Interest in Conitex-Sonoco Joint Venture

Stock Monitor: Sealed Air Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free research report on Sonoco Products Co. (NYSE: SON), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SON as the Company’s latest news hit the wire. On May 29, 2018, the Company announced that it has inked a deal to acquire the remaining 70% interest in the joint venture (JV) of Conitex-Sonoco for approximately $133 million in cash. Conitex-Sonoco is a vertically integrated, global leader in the manufacture of paper-based cones and tubes used in the textile industry. 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 Sealed Air Corporation (NYSE: SEE), which also belongs to the Consumer Goods sector as the Company Sonoco Products. Do not miss out and become a member today for free to access this upcoming report at:

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

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Sonoco Products 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=SON

Deal Details

The transaction is subject to normal international regulatory reviews and is expected to close in Q3 2018.

The acquisition will be modestly accretive to Sonoco’s earnings in 2018.

Conitex-Sonoco’s Chief Operating Officer, Michel Schmidlin, and members of his global leadership team will remain with Sonoco. No changes to customer relationships are expected.

When the transaction is completed, Conitex-Sonoco’s financial results will be reported within Sonoco’s Paper/Industrial Converted Products segment.

Combination Provides Opportunity to Further Grow Sonoco’s Existing Global Paper-Based Tube and Core Business

Rob Tiede, President and CEO of Sonoco, stated that the Conitex-Sonoco relationship has been very successful over the past 20 years, and they see even further opportunity to grow Sonoco’s existing global paper-based tube and core business through this combination, especially in faster-growing emerging markets in Asia where they will be substantially increasing their manufacturing presence while more than doubling their current annual sales in the region.

Tiede added that Sonoco welcomes Conitex-Sonoco’s nearly 1,250 employees and are excited by the prospects for further building strong relationships with their combined customers in Asia, the Americas, and Europe by offering innovative packaging solutions in paperboard, textile carriers, and other value-added products.

Conitex-Sonoco JV

The Conitex-Sonoco JV was formed in 1998 between Texpack, Inc., a Spanish-based global provider of paperboard and paper-based packaging products, and Sonoco’s former North America textile cone business. In 2017, the JV had total sales of approximately $245 million and produced more than 300,000 tons of uncoated recycled paperboard, which was used to produce approximately 1.4 billion tubes and cones for the global spun yarn industry. The company also produces adhesives, flexible intermediate bulk containers and corrugated pallets. The JV has 13 manufacturing locations in 10 countries, including four paper mills and seven cone and tube converting operations as well as two other production facilities.

Sonoco’s Last Acquisition Deal

On April 12, 2018, the Company completed the acquisition of Highland Packaging Solutions, a Plant City, Florida-based leading manufacturer of thermoformed packaging for fresh fruits, vegetables, and eggs found in the fast-growing perimeter of retail supermarkets. The purchase consideration was approximately $150 million in cash. Highland’s financial results would be added to Sonoco’s Consumer Packaging segment, and the business would operate within the Company’s Global Plastics division.

About Sonoco Products Co.

Founded in 1899 and headquartered in Hartsville, South Carolina, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5 billion, the Company has 21,000 employees working in more than 300 operations in 33 countries, serving some of the world’s best-known brands in some 85 nations.

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, Sonoco Products’ stock advanced 1.19%, ending the trading session at $51.97.

Volume traded for the day: 510.70 thousand shares.

Stock performance in the last month – up 1.19%; previous three-month period – up 8.34%; and past twelve-month period – up 1.96%

After yesterday’s close, Sonoco Products’ market cap was at $5.17 billion.

Price to Earnings (P/E) ratio was at 36.32.

The stock has a dividend yield of 3.16%.

The stock is part of the Consumer Goods sector, categorized under the Packaging & Containers industry. This sector was up 0.9% 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.

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, visithttp://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:

Email: info@active-investors.com

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: 501310

Free Post Earnings Research Report: Southern Copper’s Q1 EPS Surged 48.8% Y-o-Y

Stock Monitor: Hudbay Minerals Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free earnings report on Southern Copper Corp. (NYSE: SCCO), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SCCO. The Company released its first quarter fiscal 2018 (Q1 FY18) earnings results on April 25, 2018. The Company’s sales and income per share rose 16.2% and 48.8% y-o-y, respectively. 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 Hudbay Minerals Inc. (NYSE: HBM), which also belongs to the Basic Materials sector as the Company Southern Copper. Do not miss out and become a member today for free to access this upcoming report at:

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

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Southern Copper 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=SCCO

Earnings Highlights and Summary

During Q1 FY18, Southern Copper reported revenues of $1.84 billion compared to $1.58 billion in Q1 FY17. The Company attributed the growth in the sales numbers of 16.2% y-o-y to a rise in copper prices of 19% y-o-y, along with a 56.8% and 23.0% y-o-y surge in molybdenum and zinc prices during the reported quarter.

The copper mining Company’s net income rose to $470.7 million, or $0.61 per diluted share, in Q1 FY18 from $314.4 million, or $0.41 per diluted share, in the prior year’s same quarter; primarily due to higher sales and the Company’s cost control initiatives. However, Wall Street had expected the Company to report a net income of $0.62 per diluted share.

Operational Metrics

For the reported quarter, the Phoenix, Arizona-based Company’s cost of sales were up 3.9% to $876.5 million from $843.8 million in Q1 FY17. The Company’s selling, general, and administrative expenses (SG&A) were also up by 12.6% to $24.1 million in Q1 FY18 from $21.4 million in the year ago comparable quarter. Southern Copper’s total operating costs and expenses were $1.07 billion in Q1 FY18 versus $1.01 billion in Q1 FY17. The Company’s operating income came in at $773.3 million in Q1 FY18 compared to $570.4 million in Q1 FY17. The Company reported adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) of $939.4 million, or 51.0% of sales, in Q1 FY18, up 30.1% from $722.3 million, or 45.6% of sales, in Q1 FY17.

Production Numbers

Southern Copper’s copper production volume was 221,015 tons in Q1 FY18 compared to 222,174 tons in the previous year’s corresponding quarter. The Company sold 212,767 tons of copper in Q1 FY18 compared to 221,240 tons of copper in Q1 FY17. Furthermore, the Company’s copper sales revenues increased to $1.47 billion in Q1 FY18 from $1.29 billion in Q1 FY17.

For Q1 FY18, Southern Copper’s Molybdenum production volume was 5,175 tons, 1.9% lower than 5,276 tons in Q1 FY17. During the reported quarter, the Company’s Molybdenum sales volume was 5,243 tons compared to 5,242 tons in Q1 FY17. Meanwhile, the Company’s Molybdenum sales revenues were $136.3 million in Q1 FY18, up from $92.8 million in Q1 FY17.

Southern Copper mined 17,736 tons of zinc during the reported quarter compared to 18,597 tons in Q1 FY17. The Company’s zinc sales volume was 26,391 tons during Q1 FY18 versus 26,979 tons in Q1 FY17. Moreover, the Company’s zinc sales revenues increased to $94.9 million in Q1 FY18 from $79.0 million in the prior year’s same quarter.

For the reported quarter, Southern Copper’s silver production numbers were 4,143 thousand ounces, up from 3,986 thousand ounces in the last year’s comparable quarter. The Company’s silver sales volume also increased marginally to 4,258 thousand ounces in Q1 FY18 from 4,248 thousand ounces in Q1 FY17. However, the Company’s silver sales revenues fell to $71.1 million during Q1 FY18 from $73.8 million in Q1 FY17.

Cash Flow and Balance Sheet

In the three months ended March 31, 2018, Southern Copper’s net cash generated by operating activities stood at $649.8 million, rising 32.6% from $490.1 million in Q1 FY17. As on March 31, 2018, the Company’s cash and equivalents balance stood at $1.07 billion compared to $698.7 million as on March 31, 2017. Furthermore, the Company’s long-term debt was $5.96 billion as on March 31, 2018, versus the $5.95 billion recorded as on March 31, 2017.

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, Southern Copper’s stock rose 2.11%, ending the trading session at $49.34.

Volume traded for the day: 1.06 million shares, which was above the 3-month average volume of 1.02 million shares.

Stock performance in the previous six-month period – up 14.32%; past twelve-month period – up 40.53%; and year-to-date – up 3.98%

After yesterday’s close, Southern Copper’s market cap was at $39.13 billion.

Price to Earnings (P/E) ratio was at 22.83.

The stock has a dividend yield of 2.43%.

The stock is part of the Basic Materials sector, categorized under the Copper industry. This sector was up 2.5% 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.

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, visithttp://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:

Email: info@active-investors.com

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: 501311

Free Post Earnings Research Report: Kraft Heinz’s Earnings Jumped 11%

Stock Monitor: Central Garden & Pet Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free earnings report on The Kraft Heinz Co. (NASDAQ: KHC), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=KHC. Kraft Heinz reported its first quarter fiscal 2018 operating and financial results on May 02, 2018. The maker of Oscar Mayer meats, Jell-O pudding, and Velveeta cheese surpassed earnings estimates. 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 Central Garden & Pet Company (NASDAQ: CENT), which also belongs to the Consumer Goods sector as the Company Kraft Heinz. Do not miss out and become a member today for free to access this upcoming report at:

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

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Kraft Heinz 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=KHC

Earnings Highlights and Summary

Kraft Heinz’s net sales were $6.30 billion for the first quarter of 2018, down 0.3% versus net sales of $6.32 billion, including a 1.2 percentage point benefit from currency. The Company’s Pricing increased 1.0 percentage points, driven by price increases in the United States and Rest of World markets, while volume/mix decreased 2.5 percentage points, primarily driven by lower shipments in the United States and Rest of World markets. Kraft Heinz’ sales lagged behind analysts’ estimates of $6.35 billion.

During Q1 2018, Kraft Heinz’s adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) decreased 2.6% to $1.80 billion on a y-o-y basis, including a favorable 0.9 percentage point impact from currency. Excluding the impact of currency, the decline in adjusted EBITDA reflected higher input costs, lower volume/mix, and investments in strategic initiatives.

Net income attributable to Kraft Heinz’s common shareholders increased to $993 million, or $0.81 per diluted share, in Q1 2018 compared to net income of $893 million, or $0.73 per diluted share, in Q1 2017, primarily reflecting benefits from US Tax Reform.

For Q1 2018, Kraft Heinz’s adjusted earnings jumped 6.0% to $0.89 per diluted share compared to $0.84 per diluted share in Q1 2017, mainly reflecting lower taxes versus the prior year period. The Company’s earnings exceeded Wall Street’s estimates of $0.82 per share.

Kraft Heinz’s Segment Results

During Q1 2018, the United States (US) segment’s net sales were $4.37 billion, down 3.3% compared to $4.52 billion in Q1 2017. The segment’s pricing increased 0.8 percentage points as higher pricing was partially offset by the timing of trade spending on a y-o-y basis, while Volume/mix decreased 4.1 percentage points as solid gains in foodservice and a favorable shift in Easter-related sales was more than offset by lower shipments of nuts, cold cuts, frozen potatoes, and parts of the cheese business.

For Q1 2018, the US segment’s adjusted EBITDA decreased 5.6% to $1.38 billion on a y-o-y basis, primarily reflecting lower volume/mix, non-key commodity inflation, and investments to enhance capabilities.

During Q1 2018, the Canada segment’s net sales rose 9.8% to $484 million on a y-o-y basis, including a favorable 4.8 percentage point impact from currency. The segment’s pricing was neutral on a y-o-y basis as higher pricing in several categories was offset by lower pricing in cheese, while volume/mix increased 5.0 percentage points reflecting earlier implementation of go-to-market agreements with key retailers that primarily benefited cheese and coffee sales.

In Q1 2018, the Canada segment’s adjusted EBITDA increased 7.1% to $134 million, including a favorable 4.4 percentage point impact from currency. Excluding the impact of currency, the Canada segment’s adjusted EBITDA increased 2.7% on a y-o-y basis, primarily driven by volume/mix growth.

During Q1 2018, the Europe, Middle-East, and Africa (EMEA) segment’s net sales were $685 million, up 14.7% compared to $597 million in Q1 2017, including a 12.4 percentage point benefit from currency. The segment’s pricing declined 0.5 percentage points, driven by increased promotional activity in infant nutrition, primarily in Italy, while volume/mix increased 2.8 percentage points, reflecting a strong soup season in the UK and growth in condiments and sauces as well as gains in foodservice.

For Q1 2018, the EMEA segment’s adjusted EBITDA surged 30.4% to $182 million, including a positive 14.7 percentage point impact from currency. Excluding currency impacts, the increase in the segment’s adjusted EBITDA reflected gains from productivity, pension and postretirement cost favorability versus the prior year’s same period as well as volume/mix growth.

During Q1 2018, the Rest of World segment’s net sales were $767 million, 0.2% on a y-o-y basis, including a negative 3.2 percentage point impact from currency. The segment’s pricing was up 4.3% percentage points, primarily driven by actions to offset higher input costs in local currency, particularly in Latin America, while volume/mix decreased 1.3 percentage points, driven by a combination of unfavorable impacts from distributor network realignment in select markets and lower shipments in Indonesia and Brazil.

The Rest of World segment’s adjusted EBITDA fell 0.7% to $143 million on a y-o-y basis, including an unfavorable 5.6 percentage point impact from currency. Excluding the impact of currency, the segment’s adjusted EBITDA increased 4.9 percentage points.

Stock Performance Snapshot

May 30, 2018 – At Wednesday’s closing bell, Kraft Heinz’s stock advanced 2.51%, ending the trading session at $58.84.

Volume traded for the day: 5.55 million shares, which was above the 3-month average volume of 5.47 million shares.

Stock performance in the last month – up 4.36%

After yesterday’s close, Kraft Heinz’s market cap was at $70.85 billion.

Price to Earnings (P/E) ratio was at 17.71.

The stock has a dividend yield of 4.25%.

The stock is part of the Consumer Goods sector, categorized under the Food – Major Diversified industry. This sector was up 0.9% 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.

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, visithttp://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:

Email: info@active-investors.com

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: 501312