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Sky Medical manufactures the geko™ device, powered by OnPulse™ neuromuscular electrostimulation technology, clinically proven to increase blood circulation for lower limb DVT prevention, the reduction of swelling and the promotion of wounds healing. Bernard Ross, CEO, Sky Medical said: “We are honoured to be shortlisted in the award category ‘Partnership with the NHS’. We are currently collaborating with NHS clinical leads to evaluate the geko™ device in 26 clinical pathways, within 15 UK hospitals. The evaluations are generating clinical trials, case studies and procedure protocols which transfer across our global distribution network generating export sales”. Partnerships of note, include James Cook University Hospital, Mr. Paul Baker, Orthopaedic Consultant, he said: “We saw the potential for the geko™ device to significantly improve current care pathways for our surgically treated ankle fractures. The feasibility evaluation we have done in partnership with Sky Medical Technology suggests the device can be used safely and effectively in this patient population and could help to streamline care”. Mr. Sameh Dimitri, Vascular Consultant and clinical lead for VTE prevention, comments: “Where wounds have been resistant to traditional treatment modalities, intervention with the geko ™device, as an adjunct therapy, has helped to heal wounds, reduce swelling and pain and has been met with excellent compliance”. “The DVT and PE (pulmonary embolism) risk for patients with an acute ischemic stroke resembles that of patients undergoing major surgical procedures”, explains Bernard. “The results of a clinical audit, currently underway, is proving geko™ is well tolerated in stroke patients where the use of other forms of mechanical prophylaxis are impractical or contraindicated. Without the geko™ device these patients would receive no DVT prophylaxis”. The size of a wrist-watch and worn at the knee, the geko™ device is a battery powered, disposable, neuromuscular electrostimulation device designed to increase blood flow in the veins of the leg to reduce the risk of DVT (as approved by NICE) and to prevent the build-up of pre and post-surgical swelling. The geko™ device, through gentle electrical impulses, stimulates the common peroneal nerve activating the calf and foot muscle pumps, increasing venous, arterial and microcirculatory blood flow. The increase in blood flow is similar to that achieved by walking, up to 60%, without a patient having to move. A 2016 study by Professor Andrew Nicolaides and Dr Maura Griffin has measured the effect of the geko™ device on blood flow in the deep veins of the calf. The study has shown significant volume and velocity increases within the gastrocnemius, peroneal and posterior tibial veins - the first time that a mechanical device has reported enhancement to blood flow in the deep veins, and the result of the unique dorsiflexion achieved by the geko™ device. Sky Medical Technology is a UK based medical devices company that has developed a ground-breaking neuromuscular electrostimulation platform, OnPulse™. The company develops a range of products tailored to different medical applications, selling both direct, through partnerships or distributors in each clinical area. Clinical areas of interest include DVT prevention, reduction of swelling, wound healing, elite-sport recovery, and continence. The goal in each clinical area is to improve clinical outcomes and patient care whilst saving health system resources. The geko™ device has secured National Institute of Clinical Excellence (NICE) guidance recommending its use to the NHS for DVT prevention. http://www.gekodevices.com The awards are taking place on 1st March 2017 at Emirates Lancashire Cricket Ground, the afternoon event will recognise the Healthcare excellence across the North West with six awards being celebrated. For further information please visit: http://www.medilinkuk.com/about-us/medilink-uk-awards


LONDON, UK / ACCESSWIRE / February 23, 2017 / Active Wall St. blog coverage looks at the headline from Stamford Connecticut based United Rentals, Inc. (NYSE: URI) as the equipment rental Company announced on February 22, 2017, that its subsidiary United Rentals (North America), Inc. ("URNA"), is offering $250 million of 5.875% Senior Notes due 2026 (the "Additional 2026 Notes") and $250 million of 5.500% Senior Notes due 2027 (the "Additional 2027 Notes") through a registered public offering. Register with us now for your free membership and blog access at: One of United Rentals' competitors within the Rental & Leasing Services space, Avis Budget Group, Inc. (NASDAQ: CAR), reported on February 15, 2017, results for its Q4 and year ended December 31, 2016. AWS will be initiating a research report on Avis Budget in the coming days. Today, AWS is promoting its blog coverage on URI; touching on CAR. Get all of our free blog coverage and more by clicking on the links below: United Rental was founded in 1997 and is one of the largest equipment rental companies in the world. Its network covers over 880 rental locations in 49 states and 10 Canadian provinces and has a workforce of over 12,500 people. The Company offers over 3200 classes of equipment for rent which carry a purchase price tag of approximately $8.99 billion. The Additional 2026 Notes will be a part of the series of previously issued $750 million 5.875% Senior Notes due 2026 which was issued by URNA in May 2016. The Additional 2027 Notes will be a part of the series of previously issued $750 million 5.500% Senior Notes due 2027 which was issued by URNA in November 2016. These Additional Notes will have equal right of payment compared to URNA's current and future senior debts. These Additional Notes will be junior to URNA's secured current and future debts while they will be senior in right of payment when compared to URNA's future subordinated debts. United Rentals and some of URNA's domestic subsidiaries will act as guarantors for URNA's Additional Notes on a senior unsecured basis. Proposed plan for use of funds generated from these Additional Notes These Additional Notes will raise approximately $492 million after deduction of underwriting discounts and commissions as well as payments of estimated fees and expenses. URNA has raised an additional $523 million via a senior secured asset-based revolving credit facility. URNA plans to use the funds from the Additional Notes as well as the asset based revolving facility to finance part of its acquisition of NES Rentals Holdings II, Inc., as well as associated fees and payments. United Rental had announced the acquisition of NES Rentals Holdings II, Inc. on January 25, 2017. The all-cash deal valued approximately $965 million is expected to close in Q22017 subject to closing conditions. The acquisition of NES is important to United Rentals as NES is one of the ten largest general equipment rental companies in US that specialize in rental of aerial equipment. URNA plans to use the funds to repay the asset based revolving facility till such time the NES deal is not completed and utilize the funds from the revolving facility once the deal is final. In the unfortunate circumstance that the NES deal is not completed the entire funds from the Additional Noted will be utilized to pay off the asset based revolving credit. The Company can re-borrow funds from this credit facility to be utilized for other corporate requirements. Wells Fargo Securities is the lead book running manager for the public offering of the Additional Notes and BofA Merrill Lynch, Morgan Stanley, Barclays, Citigroup, Deutsche Bank Securities, J.P. Morgan, MUFG, and Scotiabank are the joint book-running managers. On Wednesday, February 22, 2017, the stock closed the trading session at $128.06, slightly down 0.67% from its previous closing price of $128.93. A total volume of 1.13 million shares have exchanged hands. United Rentals' stock price rallied 16.30% in the last month, 40.80% in the past three months, and 59.82% in the previous six months. Furthermore, on a year to date basis, the stock surged 21.29%. Shares of the company have a PE ratio of 19.75 have and a market capital of $10.95 billion. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS 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. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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 [email protected]. 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 AWS. AWS 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. AWS, 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. AWS, 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, AWS, 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. 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 AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. 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: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


LONDON, UK / ACCESSWIRE / February 15, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Consumer Cyclical sector. Companies recently under review include Cineplex, Corus Entertainment, Spin Master, and Gamehost. Get all of our free research reports by signing up at: At the closing bell on Tuesday, February 14, 2017, the Toronto Exchange Composite index edged 0.19% higher to finish the trading session at 15,786.03 on a total volume of 396,251,286 shares exchanging hands for the day. Active Wall St. has initiated research reports on the following equities: Cineplex Inc. (TSX: CGX), Corus Entertainment Inc. (TSX: CJR-B), Spin Master Corporation (TSX: TOY), and Gamehost Inc. (TSX: GH). Register with us now for your free membership and research reports at: Toronto, Canada headquartered Cineplex Inc.'s stock edged 0.27% lower, to finish Tuesday's session at $51.86 with a total volume of 123,127 shares traded. Over the last three months and the previous one year, Cineplex's shares have advanced 2.84% and 5.97%, respectively. The Company's shares are trading above its 200-day moving average. Cineplex's 50-day moving average of $52.16 is above its 200-day moving average of $50.99. Shares of the Company, which operates motion picture theatre circuits in Canada and internationally, are trading at a PE ratio of 24.71. See our research report on CGX.TO at: On Tuesday, shares in Toronto, Canada headquartered Corus Entertainment Inc. recorded a trading volume of 112,455 shares. The stock ended the day 0.15% lower at $13.06. Corus Entertainment's stock has gained 12.20% in the last three months and 40.13% in the previous one year. The Company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $13.05 is above its 200-day moving average of $12.32. Shares of the Company, which operates specialty and conventional television networks, and radio stations in Canada and internationally, are trading at a PE ratio of 13.66. The complimentary research report on CJR-B.TO at: On Tuesday, shares in Toronto, Canada headquartered Spin Master Corp. ended the session 0.78% lower at $30.51 with a total volume of 21,511 shares traded. Spin Master's shares have lost 7.49% in the last one month and 11.95% in the previous three months. The stock is trading below its 50-day and 200-day moving averages. Furthermore, the stock's 50-day moving average of $32.26 is greater than its 200-day moving average of $32.24. Shares of Spin Master, which creates, designs, manufactures, and markets various toys, games, products, and entertainment properties in North America, Europe, and internationally, are trading at a PE ratio of 36.54. Register for free and access the latest research report on TOY.TO at: Red Deer, Canada headquartered Gamehost Inc.'s stock closed the day flat at $11.90. The stock recorded a trading volume of 8,203 shares. Gamehost's shares have gained 6.54% in the last one month and 13.55% in the past three months. Furthermore, the stock has surged 49.69% in the previous one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $11.42 is greater than its 200-day moving average of $10.52. Shares of the Company, which together with its subsidiaries, operates as a entertainment and gaming company in Alberta, Canada, are trading at a PE ratio of 17.63. Get free access to your research report on GH.TO at: Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS 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. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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 [email protected]. 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 AWS. AWS 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. AWS, 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. AWS, 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, AWS, 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. 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 AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. 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: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


News Article | February 15, 2017
Site: globenewswire.com

WINNIPEG, Manitoba, Feb. 15, 2017 (GLOBE NEWSWIRE) -- 3D Signatures Inc. (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) (the "Company" or "3DS"), is pleased to announce that Harry Glorikian has joined its Business Advisory Board. Mr. Glorikian has over 30 years of private and public company success in the biomedical and life sciences industries. He is recognized as a global innovator with high-profile consulting, executive and board experience and a passion for data driven medical diagnostics. Mr. Glorikian’s notable recent experience includes roles as Entrepreneur in Residence to GE Ventures – New Business Creation Group and as a member of the board of directors of GeneNews Ltd. (a molecular diagnostic company). He also serves on the advisory board of Nucelis (a gene-editing industrial biotech company) and Evidation Health (a digital health startup launched with support from GE Ventures). He is also a co-founder and an advisory board member of DrawBridge Health (a diagnostics startup launched with support from GE Ventures). Previously Mr. Glorikian co-founded and held the position of managing director and head of consulting services for Scientia Advisors, a company that became the go-to provider of strategic advice and implementation services for next-generation healthcare and life science innovators and Global 25 market leaders. Scientia Advisors was acquired by Precision for Medicine in November of 2012. Among his other professional roles, Mr. Glorikian served as senior manager for global business development at PE Applied Biosystems, founded X-Cell Laboratories, managed global sales at Signet Laboratories and held various roles at BioGenex Laboratories. “With the addition of Harry Glorikian to the Business Advisory Board, 3DS has gained tremendous insight into the development and commercialization of cutting-edge medical diagnostics,” noted Jason Flowerday, CEO of 3DS. “Mr. Glorikian has a track record of innovation and commercial success. His addition to the team is a very positive step forward for 3DS.” Mr. Glorikian holds an MBA from Boston University and a bachelor's degree from San Francisco State University. He has addressed the National Institutes of Health, Molecular Medicine Tri-Conference, World Theranostics Congress and other audiences, worldwide. He has authored numerous articles for industry publications, appeared on CBS Evening News and been quoted regularly by Dow Jones, The Boston Globe, BioWorld Today, Los Angeles Times, London Independent, Medical Device Daily, Science Magazine, Genetic Engineering News and many other media outlets. Mr. Glorikian is also author of the recently published and highly-relevant book, “Commercializing Novel IVDs: A Comprehensive Manual for Success.” An IVD is an in-vitro diagnostic device which is the type of diagnostic tool that 3DS is currently developing. Mr. Glorikian’s unique manual provides an overview of the major components to IVD development, from product conception through commercialization. His understanding of the diagnostic commercialization process in the context of clinical utility and cost effectiveness is an enormous asset to 3DS. 3DS (TSXV:DXD) (OTCQB:TDSGF) (FSE:3D0) is a personalized medicine company with a proprietary software platform based on the three-dimensional analysis of chromosomal signatures. The technology is well developed and supported by 20 clinical studies on over 2,000 patients on 13 different cancers and Alzheimer’s disease. Depending on the desired application, this platform technology can measure the stage of disease, rate of progression of disease, drug efficacy, and drug toxicity. The technology is designed to predict the course of disease and to personalize treatment for the individual patient. For more information, visit the Company’s new website at http://www.3dsignatures.com. This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. All statements within, other than statements of historical fact, are to be considered forward looking. Although 3DS believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Risk factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking information include, among other things: market demand; technological changes that could impact the Company’s existing products or the Company’s ability to develop and commercialize future products; competition; existing governmental legislation and regulations and changes in, or the failure to comply with, governmental legislation and regulations; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the Company’s ability to successfully maintain and enforce its intellectual property rights and defend third-party claims of infringement of their intellectual property rights; adverse results or unexpected delays in clinical trials; changes in laws, general economic and business conditions; and changes in the regulatory regime. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


LONDON, UK / ACCESSWIRE / March 2, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Utilities - Regulated industry. Companies recently under review include Brookfield Infrastructure Partners, ATCO Ltd, Valener, and Capital Power. Get all of our free research reports by signing up at: At the closing bell on Wednesday, March 01, 2017, the Toronto Exchange Composite index edged 1.30% higher to finish the trading session at 15,599.68 on a total volume of 436,734,636 shares exchanging hands for the day. Additionally, the Utilities index was up by 239.28, ending the session at 0.38%. Active Wall St. has initiated research reports on the following equities: Brookfield Infrastructure Partners L.P. (TSX: BIP-UN), ATCO Ltd (TSX: ACO-X), Valener Inc. (TSX: VNR), and Capital Power Corporation (TSX: CPX). Register with us now for your free membership and research reports at: Toronto, Canada-based Brookfield Infrastructure Partners L.P.'s stock edged 0.19% higher, to finish Wednesday's session at $48.00 with a total volume of 175,849 shares traded. Over the last one month and the previous three months, Brookfield Infrastructure Partners' shares have gained 6.62% and 12.91%, respectively. Furthermore, the stock has surged 43.86% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages. Brookfield Infrastructure Partners' 50-day moving average of $46.82 is above its 200-day moving average of $44.63. Shares of the Company, which engages in utility, transport, energy, and communications infrastructure businesses, are trading at a PE ratio of 42.55. See our research report on BIP-UN.TO at: On Wednesday, shares in Calgary, Canada headquartered ATCO Ltd recorded a trading volume of 160,635 shares, which was higher than their three months average volume of 131,634 shares. The stock ended the day flat at $45.38. ATCO's stock has gained 5.56% in the previous three months and 21.73% in the past one year. The Company's shares are trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $45.69 is above its 200-day moving average of $45.57. Shares of the Company, which engages in structures and logistics, electricity, and pipelines and liquids businesses worldwide, are trading at PE ratio of 21.84. The complimentary research report on ACO-X.TO at: On Wednesday, shares in Montreal, Canada-based Valener Inc. ended the session flat at $20.80 with a total volume of 63,202 shares traded. Valener's shares have advanced 1.76% in the last one month and 1.36% in the previous three months. Furthermore, the stock has gained 8.39% in the past one year. The stock is trading above its 50-day moving average. Furthermore, the stock's 200-day moving average of $21.02 is greater than its 50-day moving average of $20.79. Shares of Valener, which through its subsidiaries, distributes natural gas in Canada and the US, are trading at a PE ratio of 17.55. Register for free and access the latest research report on VNR.TO at: Edmonton, Canada headquartered Capital Power Corp.'s stock closed the day 1.67% higher at $25.64. The stock recorded a trading volume of 504,315 shares, which was above its three months average volume of 341,021 shares. Capital Power's shares have gained 2.44% in the last one month and 11.14% in the past three months. Furthermore, the stock has surged 42.44% in the previous one year. The Company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $24.98 is greater than its 200-day moving average of $22.51. Shares of the Company, which acquires, develops, operates, and optimizes power generation facilities in Canada and the US, are trading at a PE ratio of 25.59. Get free access to your research report on CPX.TO at: Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS 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. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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 [email protected]. 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 AWS. AWS 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. AWS, 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. AWS, 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, AWS, 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. 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 AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. 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: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


LONDON, UK / ACCESSWIRE / March 2, 2017 / Active Wall St. blog coverage looks at the headline from IBERIABANK Corp. (NASDAQ: IBKC). The holding Company of IBERIABANK, IBERIABANK Corp., announced on February 28, 2017, the signing of an agreement to acquire Sabadell United Bank, N.A. (Sabadell United) from Banco de Sabadell, S.A. (Banco Sabadell). The stock cum cash transaction is valued at $1.025 billion. Register with us now for your free membership and blog access at: One of IBERIABANK's competitors within the Regional - Southeast Banks space, EverBank Financial Corp. (NYSE: EVER), reported on January 27, 2017, its financial results for the fourth quarter and the year ended December 31, 2016. AWS will be initiating a research report on EverBank Financial in the coming days. Today, AWS is promoting its blog coverage on IBKC; touching on EVER. Get all of our free blog coverage and more by clicking on the link below: Commenting on the acquisition Daryl G. Byrd, President and CEO of IBKC said: "Sabadell United delivers compelling long-term strategic value to IBERIABANK by complementing our existing Florida franchise. With this acquisition, our Company will have a meaningful presence in each of the five largest markets in the Southeast, further solidifying our status as a premier South-eastern banking franchise." "Sabadell United and IBERIABANK share a common belief that success is driven by people and relationships at the local level. We are proud to partner with an organization that mirrors our client relationship-focused approach to business and values local decision-making and community involvement." As per the agreement, IBKC will acquire Sabadell United by paying $803 million cash plus approximately 2.61 million os IBKC's shares, valued at $222 million. The share value is based on 10-day VWAP (volume weighted average price) through February 24, 2017. The transaction has been approved by the Board of Directors of both IBKC and Banco Sabadell. The transaction is expected to close in H2 2017 and is subject to regulatory approvals and closing conditions. IBKC plans to issue $500 million worth of common stock via a public offering to finance the cash part of the transaction, a separate announcement for which was made on February 28, 2017. BKC also plans to use the $280 million raised from sale of equity in December 2016 to finance the acquisition. Once the transaction is completed Sabadell United will be merged with and into IBERIABANK and Banco Sabadell will own nearly 4.9% of IBKC's common stock. The transaction is expected to be accretive by 6% in 2018 and 10% in 2019 to IBKC's fully diluted earnings per share (EPS). The transaction is expected to dilute the book value of IBKC's per share by approximately 2% on pro-forma basis at the closing. The dilution does not include the impact of the issue of equity in December 2016. IBKC expects to earn back the book value dilution within 3.5 years of the close of the transaction. The estimated internal rate of return for the transaction is expected to be approximately 19%. IBKC will gain access to the Florida market, especially the greater Miami area which has a good volume of commercial and industrial clients. Sabadell United has a strong commercial and retail lending base as well as strong core deposit funding and quality credit underwriting in this area, which will complement IBKC's business model. About the Parties to the Agreement Lafayette, Louisiana based IBERIABANK Corporation is a financial holding Company with over 304 locations which include 199 bank branch offices and three loan production offices, 24 title insurance offices, mortgage representatives in 69 locations in 10 states. IBKC also had eight wealth management locations in four states and one IBERIA Capital Partners L.L.C. office in Louisiana. As per NASDAQ Global Select Market's closing stock price on February 24, 2017, IBKC's market capital was approximately $3.8 billion. Miami, Florida-based Sabadell United Bank is a subsidiary of Banco de Sabadell, S.A., which is headquartered in Barcelona, Spain. Currently, Sabadell United has 26 branch locations in Florida including branches at Dade, Broward, Palm Beach, Hillsborough, Sarasota, and Collier Counties. As on December 31, 2016, Sabadell United had a total assets of $5.8 Billion, Total cash and investment securities of $1.4 Billion and total deposits of $4.4 billion. For FY16 ending on December 31, 2016, Sabadell United's net income was $49 million. Its net interest margin was 3.04%, its cost of interest bearing deposits was 0.53%, and its total deposit cost was 0.46%. On Wednesday, March 01, 2017, IBERIABANK's share price finished the trading session at $83.80, sliding 1.12%. A total volume of 1.58 million shares exchanged hands, which was higher than the 3 months average volume of 413.25 thousand shares. The stock has advanced 22.52% and 73.56% in the last six months and past twelve months, respectively. Furthermore, since the start of the year, shares of the Company have gained 0.06%. The stock is trading at a PE ratio of 19.47 and has a dividend yield of 1.72%. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS 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. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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@activewallst.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 AWS. AWS 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. AWS, 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. AWS, 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, AWS, 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. 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 AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. 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: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / March 2, 2017 / Active Wall St. blog coverage looks at the headline from IBERIABANK Corp. (NASDAQ: IBKC). The holding Company of IBERIABANK, IBERIABANK Corp., announced on February 28, 2017, the signing of an agreement to acquire Sabadell United Bank, N.A. (Sabadell United) from Banco de Sabadell, S.A. (Banco Sabadell). The stock cum cash transaction is valued at $1.025 billion. Register with us now for your free membership and blog access at: One of IBERIABANK's competitors within the Regional - Southeast Banks space, EverBank Financial Corp. (NYSE: EVER), reported on January 27, 2017, its financial results for the fourth quarter and the year ended December 31, 2016. AWS will be initiating a research report on EverBank Financial in the coming days. Today, AWS is promoting its blog coverage on IBKC; touching on EVER. Get all of our free blog coverage and more by clicking on the link below: Commenting on the acquisition Daryl G. Byrd, President and CEO of IBKC said: "Sabadell United delivers compelling long-term strategic value to IBERIABANK by complementing our existing Florida franchise. With this acquisition, our Company will have a meaningful presence in each of the five largest markets in the Southeast, further solidifying our status as a premier South-eastern banking franchise." "Sabadell United and IBERIABANK share a common belief that success is driven by people and relationships at the local level. We are proud to partner with an organization that mirrors our client relationship-focused approach to business and values local decision-making and community involvement." As per the agreement, IBKC will acquire Sabadell United by paying $803 million cash plus approximately 2.61 million os IBKC's shares, valued at $222 million. The share value is based on 10-day VWAP (volume weighted average price) through February 24, 2017. The transaction has been approved by the Board of Directors of both IBKC and Banco Sabadell. The transaction is expected to close in H2 2017 and is subject to regulatory approvals and closing conditions. IBKC plans to issue $500 million worth of common stock via a public offering to finance the cash part of the transaction, a separate announcement for which was made on February 28, 2017. BKC also plans to use the $280 million raised from sale of equity in December 2016 to finance the acquisition. Once the transaction is completed Sabadell United will be merged with and into IBERIABANK and Banco Sabadell will own nearly 4.9% of IBKC's common stock. The transaction is expected to be accretive by 6% in 2018 and 10% in 2019 to IBKC's fully diluted earnings per share (EPS). The transaction is expected to dilute the book value of IBKC's per share by approximately 2% on pro-forma basis at the closing. The dilution does not include the impact of the issue of equity in December 2016. IBKC expects to earn back the book value dilution within 3.5 years of the close of the transaction. The estimated internal rate of return for the transaction is expected to be approximately 19%. IBKC will gain access to the Florida market, especially the greater Miami area which has a good volume of commercial and industrial clients. Sabadell United has a strong commercial and retail lending base as well as strong core deposit funding and quality credit underwriting in this area, which will complement IBKC's business model. About the Parties to the Agreement Lafayette, Louisiana based IBERIABANK Corporation is a financial holding Company with over 304 locations which include 199 bank branch offices and three loan production offices, 24 title insurance offices, mortgage representatives in 69 locations in 10 states. IBKC also had eight wealth management locations in four states and one IBERIA Capital Partners L.L.C. office in Louisiana. As per NASDAQ Global Select Market's closing stock price on February 24, 2017, IBKC's market capital was approximately $3.8 billion. Miami, Florida-based Sabadell United Bank is a subsidiary of Banco de Sabadell, S.A., which is headquartered in Barcelona, Spain. Currently, Sabadell United has 26 branch locations in Florida including branches at Dade, Broward, Palm Beach, Hillsborough, Sarasota, and Collier Counties. As on December 31, 2016, Sabadell United had a total assets of $5.8 Billion, Total cash and investment securities of $1.4 Billion and total deposits of $4.4 billion. For FY16 ending on December 31, 2016, Sabadell United's net income was $49 million. Its net interest margin was 3.04%, its cost of interest bearing deposits was 0.53%, and its total deposit cost was 0.46%. On Wednesday, March 01, 2017, IBERIABANK's share price finished the trading session at $83.80, sliding 1.12%. A total volume of 1.58 million shares exchanged hands, which was higher than the 3 months average volume of 413.25 thousand shares. The stock has advanced 22.52% and 73.56% in the last six months and past twelve months, respectively. Furthermore, since the start of the year, shares of the Company have gained 0.06%. The stock is trading at a PE ratio of 19.47 and has a dividend yield of 1.72%. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS 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. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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@activewallst.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 AWS. AWS 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. AWS, 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. AWS, 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, AWS, 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. 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 AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. 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: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


News Article | February 15, 2017
Site: www.forbes.com

As upstream energy companies continue to focus their spending on the most economic plays in North America, some gassy positions once considered backbone assets simply do not compete for capital. But the production and potential in two Rocky Mountain plays that lost favor with large listed companies - the Piceance Basin inn Colorado and the Green River Basin in Wyoming - are attracting serious private equity attention, according to several industry sources. "There are good assets available," Brian Boonstra, Finance & Acquisitions Chair for the law firm Davis Graham & Stubbs, told Mergermarket, noting that he has been talking to groups trying to put together PE-backed ventures to buy gas assets in the Rockies. "I don't see those being the focus of some of the larger independents, and it may be we see more of the smaller transactions, to try to assemble some positions. But there's a sense of optimism." Boonstra declined to talk about potential targets or bidders, but a sector banker and an executive said attention is sharpest on the Piceance assets of Encana Corp. and QEP Resources' Pinedale anticline position in the Green River Basin. The economics and scope of both plays are strong, but the low price for natural gas makes it tough to compete for capital from the multi-basin players, they agreed. However, while public companies have trouble justifying spending on natural gas over oil, PE can acquire, prove up and wait a couple years, the executive said. Encana's position - containing more than 700,000 acres in northwest Colorado - has fallen out of favor as the company now directs 98% of its capital program to four other plays: the Permian, Eagle Ford, Montney and Duvernay. The banker, an executive and a lawyer familiar with the play and the public outline of Encana's strategy said that while they had no first-hand knowledge of the company's plans, several steps the company has taken - including the wind-down of a JV with Nucor that restricted when drilling happened on the Piceance property - were signs the assets could come up for sale soon. The executive said he would be "stunned" if there was not at least a soft process under way by the end of 1H17. A recent report that Encana could drill new wells there in 2017 could also be part of that process, boosting production, he said. The banker said valuation could approach the $910 million Terra paid for WPX Energy's assets in the play last year. An Encana spokesman said the company would not comment on the Piceance assets specifically or on potential divestitures. Encana has made lowering its debt and refocusing on its "core four" plays a priority, and it cut its net debt by more than $3.5 billion between the end of 2014 and its 3Q16 earnings release. It also reported at the end of the quarter that it had more than $750 million cash on hand and an undrawn $4.5 billion revolver, while still stressing its interest in further strengthening its balance sheet on its earnings call in November.


News Article | February 21, 2017
Site: www.accesswire.com

LONDON, UK / ACCESSWIRE / February 21, 2017 / Active Wall St. announces its post-earnings coverage on Boyd Gaming Corp. (NYSE: BYD). The Company released its financial results for the fourth quarter fiscal 2016 (Q4 FY16) and full year fiscal 2016 (FY16) on February 14, 2017. The Las Vegas-based Company's quarterly net revenues and total adjusted EBITDA grew 2.2% and 5.7% y-o-y, respectively. Register with us now for your free membership at: One of Boyd Gaming's competitors within the Resorts & Casinos space, MGM Resorts International (NYSE: MGM), released its financial results for Q4 and full year 2016 on Thursday, February 16, 2017. AWS will be initiating a research report on MGM Resorts in the coming days. Today, AWS is promoting its earnings coverage on BYD; touching on MGM. Get our free coverage by signing up to: During the quarter ended on December 31, 2016, Boyd Gaming net revenues were $554.82 million compared to $542.67 million recorded at the end of Q4 FY15. However, net revenue numbers for Q4 FY16 lagged behind market consensus estimates of $560.4 million. The Company's gaming revenues rose during Q4 FY16 to $461.13 million from $456.43 in the last year's comparable quarter. Food and beverage revenues were also up to $79.19 million in Q4 FY16 from $76.52 million in the year ago same quarter. Furthermore, Room revenues grew to $42.59 million in the reported quarter from $40.18 million in Q4 FY15. The casino operator reported net income of $12.22 million, or $0.11 per diluted share, in Q4 FY16, compared to net loss of $6.87 million, or $0.06 loss per diluted share, in Q4 FY15. Meanwhile, the Company's adjusted earnings per share for Q4 FY16 came in at $44.29 million, or $0.38 per diluted share, versus $10.32 million, or $0.09 per share, in the previous year's same quarter. Wall Street had expected the Company to report adjusted earnings of $0.23 per share. In FY16, Boyd Gaming's revenue came in at $2.18 billion compared to $2.20 billion in the previous year's same period. The Company reported net income of $418.00 million, or $3.63 per diluted share in FY16 versus $47.23 million, or $0.42 per diluted share, in FY15. Additionally, adjusted earnings for FY16 stood at $104.58 million, or $0.91 per share, compared to $49.37 million, or $0.43 per share, in FY15. For the reported quarter, the Company's total operating costs and expenses were $524.85 million versus $495.87 million in the prior year's comparable quarter. The Company's operating income for Q4 FY16 came in at $29.97 million compared to $46.80 million in Q4 FY15. The Company reported adjusted EBITDA of $138.80 million for Q4 FY16 versus $131.32 million in last year's comparable quarter. As of December 31, 2016, Boyd Gaming had cash on hand of $193.9 million and total debt of $3.28 billion. Boyd Gaming's Las Vegas Locals operating segment reported net revenues of $185.65 million in Q4 FY16, up from $158.75 million in Q4 FY15. The segment's adjusted EBITDA improved to $52.80 million in Q4 FY16 from $44.00 million in the previous year's corresponding quarter. Downtown Las Vegas operating segment's revenue was marginally down to $61.96 million in Q4 FY16 from $62.47 million in the previous year's same quarter. Furthermore, the segment reported adjusted EBITDA of $15.46 million in Q4 FY16 compared to $16.19 million in the prior year's comparable quarter. The Company's Midwest and South segment's revenue fell during Q4 FY16 to $307.21 million from $321.46 million in Q4 FY15. During the reported period, the segment's adjusted EBIDTA came in at $86.06 million compared to $86.31 million in Q4 FY15. In its guidance for the full-year FY17, Boyd Gaming projects total adjusted EBITDA in the range of $585 million to $605 million. Furthermore, capital expenditures for FY17 are expected to be about $150 million. On Friday, February 17, 2017, the stock closed the trading session at $20.35, slightly rising 0.44% from its previous closing price of $20.26. A total volume of 1.61 million shares have exchanged hands, which was higher than the 3-month average volume of 1.31 million shares. Boyd Gaming's stock price advanced 9.00% in the last three months, 3.35% in the past six months, and 24.85% in the previous twelve months. Moreover, the stock gained 0.89% since the start of the year. Shares of the company have a PE ratio of 10.79 and have a market capitalization of $2.29 billion. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS 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. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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 [email protected]. 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 AWS. AWS 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. AWS, 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. AWS, 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, AWS, 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. 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 AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. 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: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


News Article | February 24, 2017
Site: www.accesswire.com

LONDON, UK / ACCESSWIRE / February 24, 2017 / Active Wall St. announces its post-earnings coverage on Mondelez International, Inc. (NASDAQ: MDLZ). The Company posted its financial results for the fourth and full year fiscal 2016 (FY16) on February 07, 2017. The world's second-largest confectionary Company reported a marginal increase in its top-line which was impacted by the India's demonetization and a strong US Dollar. Register with us now for your free membership at: One of Mondelez International's competitors within the Confectioners space, The Hershey Co. (NYSE: HSY), reported on February 03, 2017, its Q4 ended December 31, 2016, financial results. AWS will be initiating a research report on Hershey in the coming days. Today, AWS is promoting its earnings coverage on MDLZ; touching on HSY. Get our free coverage by signing up to: For the three months ended December 31, 2016, Mondelez reported net revenue of $6.77 billion, down 8.1% from revenue of $7.36 billion in Q4 2015, driven by the Venezuela deconsolidation and currency headwinds. Mondelez' organic net revenue increased 0.6%, tempered by a negative impact of 60 basis points from. The Company's revenue numbers came in below market estimates of $6.90 billion. Mondelez' FY16 net revenues totaled $25.92 billion, down 12.5% on a y-o-y basis. For Q4 2016, Mondelez's gross profit margin was 38.2%, down 30 basis points as compared to the year ago period gross margin of 38.5, driven primarily by the net negative change in mark-to-market impacts from commodity and currency derivative contracts, and partially offset by the impact from the prior year's Venezuela deconsolidation. For FY16, gross profit margin was 39.1%, an increase of 30 basis points on a y-o-y basis. For Q4 2016, Mondelez's operating income margin was 7.5%, up 15.1%, reflecting the prior year's Venezuela deconsolidation loss. Adjusted operating income margin expanded 110 basis points to 14.4%. For Q4 2016, met income attributable to Mondelez was $93 million, or $0.06 per share, compared to a loss of $729 million, or $0.45 per share, a year earlier. Diluted EPS was $0.06, up 113%, driven by the impact from the prior year's loss on the Venezuela deconsolidation. The Company's adjusted EPS was $0.47 and grew 12% on a constant-currency basis, driven primarily by operating gains. The Company's adjusted earnings missed analysts' consensus of $0.49 per share. In North America, Mondelez generated revenue of $1.81 billion, down 0.6% on a y-o-y basis. The region delivered FY16 adjusted Operating income (OI) margin expansion of 190 basis points, primarily driven by continued overhead reductions and strong net productivity. Mondelez' s European region delivered strong margin growth for FY16, with adjusted OI margin up 220 basis points to 18.3%, primarily driven by productivity and lower overheads. Europe's organic net revenue continued to be positive, up 0.7% for both FY16 and Q4 2016 with $9.76 billion and $1.81 respectively, primarily driven by volume mix. In EMEA, Mondelez' FY16 adjusted OI margins grew 230 basis points to 12.1%, driven by reduced overheads and solid productivity. Organic revenue increased 0.5% for the year, with growth in Australia, China, and Southeast Asia. The Company's Q4 2016 organic revenue declined 1.2% to $1.41 billion, including the impact from India's demonetization, which was an approximate $40 million headwind across all categories. In Latin America, the Company's adjusted OI margin increased 220 basis points to approximately 13% for FY16, primarily driven by lower overheads, including VAT-related settlements, as well as targeted pullbacks in A&C. Latin America's organic net revenue increased approximately 5% for FY16 at $3.40 billion. Mondelez's Chocolate product category grew 2%, driven by solid results in Germany, the UK, and Australia. The Company stated that approximately 60% of its Chocolate revenue grew or held share. For FY16, Mondelez's Gum and Candy category was slightly negative. Solid performance in Mexico Gum and US Candy were among the highlights. The Company stated that about half of its revenue in this category gained or held share. During Q4 2016, Mondelez repurchased more than $800 million of its common stock and paid approximately $300 million in cash dividends. The Company returned $3.7 billion of capital to shareholders through share repurchases and dividends in FY16, representing more than 220% of its net earnings. Mondelez generated approximately $1.6 billion of free cash flow in FY16, which exceeded its outlook. On February 03, 2017, Mondelez's Board of Directors declared a regular quarterly dividend of $0.19 per share of Class A common stock. This dividend is payable on April 13, 2017, to shareholders of record as of March 31, 2017. On May 06, 2014, Mondelez's Board of Directors approved a $3.5 billion restructuring program, comprised of approximately $2.5 billion in cash costs and $1 billion in non-cash costs, and up to $2.2 billion of capital expenditures. On August 31, 2016, the Company's Board of Directors approved a reallocation within the program of $600 million of previously approved capital expenditures to be spent on restructuring program cash costs, resulting in $3.1 billion of cash costs to be expensed and up to $1.6 billion of capital expenditures. The primary objective of the 2014-2018 Restructuring Program is to reduce the Company's operating cost structure in both supply chain and overhead costs. Since inception, the Company has incurred total restructuring and related implementation charges of $2.5 billion related to the 2014-2018 Restructuring Program. Mondelez has incurred the majority of the program's charges through 2016 and expects to complete the program by year-end 2018. For FY17, Mondelez expects organic net revenue to increase at least 1% and adjusted operating income margin in the mid-16% range. The Company also expects double-digit adjusted EPS growth on a constant-currency basis. The Company remains committed to its 2018 adjusted operating income margin target of 17% to 18%. At the closing bell, on Thursday, February 23, 2017, Mondelez International's stock rose slightly by 0.54%, ending the trading session at $44.89. A total volume of 6.27 million shares were traded at the end of the day. In the last six months and previous twelve months, shares of the Company have advanced 4.79% and 12.03%, respectively. Moreover, the stock gained 1.26% since the start of the year. The Company's shares are trading at a PE ratio of 42.59 and have a dividend yield of 1.69%. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS 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. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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 [email protected]. 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 AWS. AWS 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. AWS, 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. AWS, 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, AWS, 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. 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 AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. 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: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


LONDON, UK / ACCESSWIRE / February 24, 2017 / Active Wall St. announces its post-earnings coverage on Emerson Electric Co. (NYSE: EMR). The Company announced its first quarter fiscal 2017 financial results on February 07, 2017. The maker of process controls systems, valves and analytical instruments surpassed top- and bottom-line expectations. Register with us now for your free membership at: One of Emerson Electric's competitors within the Industrial Electrical Equipment space, A. O. Smith Corp. (NYSE: AOS), reported its Q4 2016 financial results on February 02, 2017. AWS will be initiating a research report on A. O. Smith in the coming days. Today, AWS is promoting its earnings coverage on EMR; touching on AOS. Get our free coverage by signing up to: Emerson announced net sales in the first quarter ended December 31, 2016 were down 4% to $3.22 billion compared to net sales of $3.34 billion in Q1 FY16, with underlying sales down 3%, excluding unfavorable currency translation. The Company's net sales number exceeded analysts' consensus of $3.16 billion. Emerson stated that the reported quarter results reflected mixed but generally improving global economic conditions. Growth in the Commercial & Residential Solutions platform resulted from favorable HVAC, refrigeration and US and Asian construction markets, while the Automation Solutions platform remained down due to the low price of oil but witnessed improving order rates, particularly in North America. For Q1 FY17, Emerson reported pre-tax margin of 14.4% which exceeded the prior year by 140 basis points. The Company's EBIT margin of 15.8% also increased 140 basis points primarily due to savings from restructuring activities. For Q1 FY17, Emerson reported earnings per share from continuing operations of $0.56 reflecting an increase of 22% on a y-o-y basis, including an income tax benefit of $0.07 per share. Emerson's operating cash flow from continuing operations was $410 million in Q1FY17, up 6% on a y-o-y basis. Including the impact of discontinued operations, the Company's earnings per share were $0.48, down 9%, and operating cash flow was $238 million, down 51% for the reported quarter. Emerson's earnings numbers surpassed Wall Street's expectations of $0.43 per share. For Q1 FY17, Emerson's Automation Solutions' net sales declined 9% to $1.97 billion. Underlying sales were down 8% excluding unfavorable currency. The segment's underlying sales in North America were down 11%, with the US down 9%. Asia was down 2% with China up 4% reflecting stabilizing market conditions. In other regions, Europe was down 5%, Middle East/Africa was up 3%, and Latin America was down 29%. EBIT Margin increased 80 basis points to 16.6%, primarily due to savings from the prior year's restructuring actions. Commercial & Residential Solutions net sales increased 6% to $1.25 billion, reflecting strong demand in global HVAC and refrigeration markets and favorable conditions in professional tools. The segment's underlying sales in North America increased 4%, led by strong growth in US residential and commercial air conditioning as well as a recovery in professional tools within the oil and gas sector. Asia increased 26% as broad strength in air conditioning and refrigeration markets. Growth in Asia was led by China, up 40%, where the Company has noted significant demand acceleration in the last two quarters. Europe was up 7% with solid growth in air conditioning and professional construction tools. Margin increased 140 basis points to 19.9%, primarily due to leverage on higher volume and savings from restructuring actions across the new platform structure. On February 07, 2017, in a separate press release, Emerson's board of directors declared the regular quarterly cash dividend of $0.48 per share of common stock payable March 10, 2017, to stockholders of record February 17, 2017. Emerson stated that considering the Q1 2017 results and recent order trends, it is raising its outlook for FY017. The Company expects full-year net sales to decline 1% to 3%, with underlying sales flat to down 2% excluding unfavorable currency translation of approximately 1%. Earnings per share from continuing operations are now expected to be in the band of $2.47 to $2.62 compared to earlier guidance of $2.35–$2.50 per share. Automation Solutions' net sales are now expected to be down 5% to 7%, with underlying sales down 3% to 5% excluding unfavorable currency of approximately 2%. Commercial & Residential Solutions net and underlying sales are now expected to be up 3% to 5%. On Thursday, February 23, 2017, the stock closed the trading session at $60.61, declining 1.96% from its previous closing price of $61.82. A total volume of 4.82 million shares have exchanged hands, which was higher than the 3-month average volume of 3.73 million shares. Emerson Electric's stock price rallied 12.03% in the last three months, 14.22% in the past six months, and 29.77% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have gained 9.54%. The stock is trading at a PE ratio of 23.69 and has a dividend yield of 3.17%. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS 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. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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@activewallst.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 AWS. AWS 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. AWS, 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. AWS, 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, AWS, 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. 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 AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. 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: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / February 24, 2017 / Active Wall St. announces its post-earnings coverage on Emerson Electric Co. (NYSE: EMR). The Company announced its first quarter fiscal 2017 financial results on February 07, 2017. The maker of process controls systems, valves and analytical instruments surpassed top- and bottom-line expectations. Register with us now for your free membership at: One of Emerson Electric's competitors within the Industrial Electrical Equipment space, A. O. Smith Corp. (NYSE: AOS), reported its Q4 2016 financial results on February 02, 2017. AWS will be initiating a research report on A. O. Smith in the coming days. Today, AWS is promoting its earnings coverage on EMR; touching on AOS. Get our free coverage by signing up to: Emerson announced net sales in the first quarter ended December 31, 2016 were down 4% to $3.22 billion compared to net sales of $3.34 billion in Q1 FY16, with underlying sales down 3%, excluding unfavorable currency translation. The Company's net sales number exceeded analysts' consensus of $3.16 billion. Emerson stated that the reported quarter results reflected mixed but generally improving global economic conditions. Growth in the Commercial & Residential Solutions platform resulted from favorable HVAC, refrigeration and US and Asian construction markets, while the Automation Solutions platform remained down due to the low price of oil but witnessed improving order rates, particularly in North America. For Q1 FY17, Emerson reported pre-tax margin of 14.4% which exceeded the prior year by 140 basis points. The Company's EBIT margin of 15.8% also increased 140 basis points primarily due to savings from restructuring activities. For Q1 FY17, Emerson reported earnings per share from continuing operations of $0.56 reflecting an increase of 22% on a y-o-y basis, including an income tax benefit of $0.07 per share. Emerson's operating cash flow from continuing operations was $410 million in Q1FY17, up 6% on a y-o-y basis. Including the impact of discontinued operations, the Company's earnings per share were $0.48, down 9%, and operating cash flow was $238 million, down 51% for the reported quarter. Emerson's earnings numbers surpassed Wall Street's expectations of $0.43 per share. For Q1 FY17, Emerson's Automation Solutions' net sales declined 9% to $1.97 billion. Underlying sales were down 8% excluding unfavorable currency. The segment's underlying sales in North America were down 11%, with the US down 9%. Asia was down 2% with China up 4% reflecting stabilizing market conditions. In other regions, Europe was down 5%, Middle East/Africa was up 3%, and Latin America was down 29%. EBIT Margin increased 80 basis points to 16.6%, primarily due to savings from the prior year's restructuring actions. Commercial & Residential Solutions net sales increased 6% to $1.25 billion, reflecting strong demand in global HVAC and refrigeration markets and favorable conditions in professional tools. The segment's underlying sales in North America increased 4%, led by strong growth in US residential and commercial air conditioning as well as a recovery in professional tools within the oil and gas sector. Asia increased 26% as broad strength in air conditioning and refrigeration markets. Growth in Asia was led by China, up 40%, where the Company has noted significant demand acceleration in the last two quarters. Europe was up 7% with solid growth in air conditioning and professional construction tools. Margin increased 140 basis points to 19.9%, primarily due to leverage on higher volume and savings from restructuring actions across the new platform structure. On February 07, 2017, in a separate press release, Emerson's board of directors declared the regular quarterly cash dividend of $0.48 per share of common stock payable March 10, 2017, to stockholders of record February 17, 2017. Emerson stated that considering the Q1 2017 results and recent order trends, it is raising its outlook for FY017. The Company expects full-year net sales to decline 1% to 3%, with underlying sales flat to down 2% excluding unfavorable currency translation of approximately 1%. Earnings per share from continuing operations are now expected to be in the band of $2.47 to $2.62 compared to earlier guidance of $2.35–$2.50 per share. Automation Solutions' net sales are now expected to be down 5% to 7%, with underlying sales down 3% to 5% excluding unfavorable currency of approximately 2%. Commercial & Residential Solutions net and underlying sales are now expected to be up 3% to 5%. On Thursday, February 23, 2017, the stock closed the trading session at $60.61, declining 1.96% from its previous closing price of $61.82. A total volume of 4.82 million shares have exchanged hands, which was higher than the 3-month average volume of 3.73 million shares. Emerson Electric's stock price rallied 12.03% in the last three months, 14.22% in the past six months, and 29.77% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have gained 9.54%. The stock is trading at a PE ratio of 23.69 and has a dividend yield of 3.17%. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS 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. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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@activewallst.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 AWS. AWS 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. AWS, 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. AWS, 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, AWS, 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. 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 AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. 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: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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