Josh Smith

Stocks Buzz: American International Group, Inc. (AIG), Zoetis Inc. (ZTS), Facebook, Inc. (FB)

American International Group, Inc. (AIG) managed to rebound with the stock climbing 2.33% or $1.42 to close the day at $62.27 on light trading volume of 14.24M shares, compared to its three month average trading volume of 5.71M. The New York New York 10038 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 22.64%, compared to the industry which has advanced 27.04% over the same period. With RSI of 36.9, the stock should still continue to rise and get closer to its one year target estimate of $72, making it a hold for now.

American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Commercial Insurance and Consumer Insurance. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis management causality insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products; various insurance products for small and medium sized enterprises; and professional liability insurance products. It also provides mortgage guaranty insurance; stable value wrap products, and structured settlement and terminal funding annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent retail and wholesale brokers, agency network, specialized marketing and consulting firms, and structured settlement brokers. Its Consumer Insurance segment offers retirement products, such as fixed annuities, and immediate and deferred income annuities; variable and fixed index annuities; and mutual funds, and plan administrative and compliance services. This segment’s products also include term and whole life, cancer, and critical illness insurance products; personal accident and supplemental health products; travel insurance products and services; automobile and homeowners, and extended warranty insurance; and identity theft and credit card protection products. It sells its products through agents, direct marketing, independent marketing organizations, financial advisors, banks, wirehouses, and broker-dealers. The company was founded in 1919 and is based in New York, New York.

Zoetis Inc. (ZTS) retreated with the stock falling -4.3% or $-2.37 to close at $52.78 on light trading volume of 12.88M compared its three months average trading volume of 3.02M. The Florham Park New Jersey 07932 based company operating under the Drugs – Generic industry has been trending up for the last 52 weeks, with the shares price now 26.63% up for the period and down by -1.21% so far this year. With price target of $58.07 and a 35.23% rebound from 52-week low, Zoetis Inc. has plenty of upside potential, making it a hold with a view buy.

Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals in the United States and internationally. It offers anti-infectives that prevent, kill, or slow the growth of bacteria, fungi, or protozoa; vaccines, which are biological preparations to prevent diseases of the respiratory, gastrointestinal, and reproductive tracts or induce a specific immune response; and parasiticides that prevent or eliminate external and internal parasites, such as fleas, ticks, and worms. The company also provides medicated feed additives that offer medicines to livestock; veterinarian solutions for anesthesia, pain management, and the diagnosis of diabetes; and other pharmaceutical products, including pain and sedation, oncology, antiemetic, allergy and dermatology, and reproductive products. In addition, it offers other product categories comprising nutritionals and agribusiness services, as well as products and services in complementary areas consisting of biodevices, diagnostics, and genetics. The company markets its products to veterinarians and livestock producers through its sales representatives, and technical and veterinary operations specialists. Zoetis Inc. was founded in 1952 and is headquartered in Florham Park, New Jersey.

Facebook, Inc. (FB) managed to rebound with the stock climbing 0.3% or $0.4 to close the day at $133.84 on lower than average trading volume of 12.81M shares, compared to its three month average trading volume of 20.27M. The Menlo Park California 94025 based company has been outperforming the internet information providers companies by 14.1004% for last three months and its recent gains have pushed the stock slightly up 16.33% YTD, versus the internet information providers industry which is up 9.39% for the same period. The RSI of 65.58 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its solutions include Facebook Website and mobile application that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers; Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application to communicate with people and businesses across platforms and devices; and WhatsApp Messenger, a mobile messaging application. The company also offers Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2016, it had approximately 1.23 billion daily active users. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

 

Stock’s Trend Analysis Report: Wal-Mart Stores, Inc. (WMT), NIKE, Inc. (NKE), Comcast Corporation (CMCSA)

Wal-Mart Stores, Inc. (WMT) climbed 0.26% during last trading as the stock added $0.18 to finish the day at $68.87 with about 8.38M shares changing hands, compared to its three month average trading volume of 8.67M. The $214.95B market cap company, which fluctuated between $68.61 and $69.24 during the day, currently situated 13.66% above its 52 week low of $62.72 and -7.75% away from its one year high of $75.19. The RSI of 55.94 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. The company operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites, such as walmart.com and samsclub.com. It offers grocery products, including meat, produce, natural and organics, deli and bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, floral and dry grocery, as well as consumables, such as health and beauty aids, baby products, household chemicals, paper goods, and pet supplies; and health and wellness products, which include pharmacy, optical services, clinical services, over-the-counter drugs, and other medical products. The company also provides electronics, toys, cameras and supplies, photo processing services, cellular phones, cellular service plan contracts and prepaid service, movies, music, video games, and books; stationery, automotive, hardware and paint, and sporting goods, as well as fabrics, crafts, and seasonal merchandise; apparel for women, girls, men, boys, and infants, as well as shoes, jewelry, and accessories; and home furnishings, housewares and small appliances, bedding, home decor, outdoor living, and horticulture products. The company also provides fuel and financial services and related products, including money orders, prepaid cards, wire transfers, money transfers, check cashing, and bill payment. In addition, it offers brand name merchandise, including hardgoods, softgoods, and selected private-label items, such as Member’s Mark. As of June 20, 2016, it operated 11,527 stores under 63 banners in 28 countries and e-commerce Websites in 11 countries. Wal-Mart Stores, Inc. was founded in 1945 and is headquartered in Bentonville, Arkansas.

NIKE, Inc. (NKE) dropped $-0.35 to close the day at a new closing price of $56.29, a -0.62% decrease in value from its previous closing price that moved the stock 15.27% above its 52 week low of $49.01. A total of 8.37M shares exchanged hands during the day compared with its three month average trading volume of 8.82M. The stock, which fluctuated between $56.1 and $56.92 during the day, currently situated -13.18% below its 52 week high. The stock is up by 5.67% in the past one month and up by 12.69% over the past three months. With a one year target estimate of $61.81 and RSI of 71.09, the stock still has upside potential, making it a sell for now.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. It offers products in nine categories, including running, NIKE basketball, the Jordan brand, football, men’s training, women’s training, action sports, sportswear, and golf. The company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities. In addition, it sells sports apparel; and markets apparel with licensed college and professional team and league logos. Further, the company sells a line of performance equipment, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment under the NIKE brand name for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; action sports and youth lifestyle apparel and accessories under the Hurley trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis and golf shops, and other retail accounts through NIKE-owned retail stores and Internet Websites (direct to consumer operations), as well as independent distributors and licensees. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

Comcast Corporation (CMCSA) had a light trading with around 8.3M shares changing hands compared to its three month average trading volume of 9.69M. The stock traded between $75.68 and $76.45 before closing at the price of $75.99 with -0.8% change on the day. The Philadelphia Pennsylvania 19103 based company is currently trading 36.55% above its 52 week low of $56.6 and -1.14% below its 52 week high of $76.87. Both the RSI indicator and target price of 65.2 and $82.39 respectively, lead us to believe that it should be put on hold over the coming weeks.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand. This segment also provides business services, such as Ethernet network services; and cellular backhaul services to mobile network operators. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international cable networks; and cable television studio production operations, as well as owns various digital media properties, which primarily include brand-aligned Websites. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo local broadcast television stations, broadcast television studio production operations, and related digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes filmed entertainment under the Universal Pictures, Illumination, Focus Features, and DreamWorks Animation names. This segment also develops, produces, and licenses stage plays. The Theme Parks segment operates Universal theme parks in Orlando, Florida, as well as in Hollywood, California; and Universal studios theme park in Osaka, Japan. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and operates arena management-related businesses. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

 

Stocks Trending Alert: Energy Transfer Equity, L.P. (ETE), American Airlines Group Inc. (AAL), AbbVie Inc. (ABBV)

Energy Transfer Equity, L.P. (ETE) saw its value decrease by -1.24% as the stock dropped $-0.24 to finish the day at a closing price of $19.12. The stock was lighter in trading and has fluctuated between $5.94-$20.05 per share for the past year. The shares, which traded within a range of $19.06 to $19.54 during the day, are up by 15.18% in the past three months and up by 11.9% over the past six months. It is currently trading 3.43% above its 20 day moving average and 4.78% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $19.84 a share over the next twelve months. The current relative strength index (RSI) reading is 57.24.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

American Airlines Group Inc. (AAL) shares were down in last trading by -1.2% to $46.97. It experienced lighter than average volume on day. The stock increased in value by almost 1.45% over the past week and fell -1.19% in the past month. It is currently trading -0.17% below its 50 day moving average and 21.57% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -7.04% decrease in value from its one year high of $50.64. The RSI indicator value of 52.59, lead us to believe that it is a hold for now.

American Airlines Group Inc., through its subsidiaries, operates in the airline industry. As of December 31, 2015, the company operated a mainline fleet of 946 aircraft. It serves 350 destinations in approximately 50 countries. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1934 and is headquartered in Fort Worth, Texas.

AbbVie Inc. (ABBV) traded within a range of $60.81 to $61.91 after opening the day at $61.67. The company has seen its stock decrease in value by -0.83% so far this year. The stock was down close to -0.28% on light volume in last trading session and closed at $61.48 per share. After the recent fall, the stock is currently holding -8% below its 52 week high of $68.12 and 21.05% above its 12-month low of $53.74. The shares are down by over -1.22% in the last three months, and the RSI indicator value of 54.64 is neither bullish nor bearish, tempting investors to stay on the sidelines.

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company offers HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; IMBRUVICA, an oral therapy for the treatment of chronic lymphocytic leukemia; and VIEKIRA PAK, an interferon-free therapy, with or without ribavirin, for adults with genotype 1 chronic hepatitis. It also provides Kaletra, an anti-HIV-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in HIV-1 patients; Norvir, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1; and Synagis to prevent respiratory syncytial virus infection in high risk infants. In addition, the company offers AndroGel, a testosterone replacement therapy for males diagnosed with symptomatic low testosterone; Creon, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Synthroid to treat hypothyroidism; and Lupron, a product for the palliative treatment of prostate cancer, and endometriosis and central precocious puberty, as well as for the treatment of patients with anemia. Further, it provides Duopa and Duodopa, a levodopa-carbidopa intestinal gel to treat Parkinson’s disease; Sevoflurane, an anesthesia product for human use; TriCor, Trilipix, and Niaspan to treat metabolic conditions characterized by high cholesterol and/or high triglycerides; and Zemplar to treat secondary hyperparathyroidism. The company sells its products to wholesalers, distributors, government agencies, health care facilities, specialty pharmacies, and independent retailers from its distribution centers and public warehouses. AbbVie Inc. has strategic collaboration with C2N Diagnostics; Calico Life Sciences LLC; Infinity Pharmaceuticals, Inc.; Ablynx NV; Galapagos NV; Alvine Pharmaceuticals, Inc.; and Zebra Biologics Inc. The company was incorporated in 2012 and is based in North Chicago, Illinois.

 

3 Notable Runners: Cognizant Technology Solutions Corporation (CTSH), Medtronic plc (MDT), TechnipFMC plc (FTI)

Cognizant Technology Solutions Corporation (CTSH) failed to extend gains with the stock declining -0.05% or $-0.03 to close the day at $58.1 on lower than average trading volume of 4.16M shares, compared to its three month average trading volume of 6.36M. The Teaneck New Jersey 07666 based company has been outperforming the business software & services companies by 7.1588% for last three months and its recent gains have pushed the stock slightly up 3.69% YTD, versus the business software & services industry which is up 3.99% for the same period. The RSI of 61.2 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services include IT strategy consulting, program management consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship management implementation services. The company also offers enterprise information management services, such as strategic, advisory, and management consulting; enterprise data management; descriptive analytics/business intelligence; strategic corporate performance management; and packaged analytics services, as well as big data services that assist clients in managing and deriving actionable insights. In addition, it provides application testing services; and develops, licenses, implements, and supports proprietary and third-party software products, as well as offers digital technologies services. Further, the company offers outsourcing services, such as application maintenance services; IT infrastructure services; and business process services, including clinical data management, pharmacovigilance, equity research support, commercial operations, and order management. It serves various industries, including banking and insurance; healthcare and life sciences; manufacturing and logistics; retail, travel, and hospitality; consumer goods; communications; information, media, and entertainment; and technology. The company markets and sells services through its professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1998 and is headquartered in Teaneck, New Jersey.

Medtronic plc (MDT) had a light trading with around 4.15M shares changing hands compared to its three month average trading volume of 6.67M. The stock traded between $77.16 and $78 before closing at the price of $77.99 with 0.37% change on the day. The Dublin Dublin 2 based company is currently trading 12.46% above its 52 week low of $69.35 and -12.11% below its 52 week high of $89.27. Both the RSI indicator and target price of 70.04 and $84.54 respectively, lead us to believe that it could drop over the coming weeks.

Medtronic plc manufactures and sells device-based medical therapies worldwide. The company’s Cardiac and Vascular Group segment offers pacemakers, implantable cardioverter defibrillators and cardiac resynchronization therapy devices, AF products, diagnostics and monitoring devices, and remote monitoring and patient-centered software; and heart valves, percutaneous coronary intervention stent products, surgical valve replacement and repair products, endovascular stent grafts, peripheral vascular intervention products, and products to treat superficial and deep venous diseases. Its Minimally Invasive Therapies Group segment provides gastrointestinal diagnostics, ablation, and interventional lung solutions; stapling, vessel sealing, and other surgical instruments; sutures; electrosurgery products; hernia mechanical devices; mesh implants; products for patient monitoring and recovery; sensors; monitors; compression and dialysis, enteral feeding, and wound care products; and operating room supplies, electrodes, needles, syringes, and sharps disposals. The company’s Restorative Therapies Group segment offers products for various areas of the spine; bone graft substitutes; biologic products; trauma, implantable neurostimulation therapies, and drug delivery systems for the treatment of chronic pain, movement disorders, obsessive-compulsive disorder, overactive bladder, urinary retention, fecal incontinence, and gastroparesis; products to treat conditions of the ear, nose, throat, and neurological disorders; systems that incorporate advanced energy surgical instruments; products for haemostatic sealing of soft tissue and bone; and image-guided surgery and intra-operative imaging systems. Its Diabetes Group segment provides insulin pumps and consumables; continuous glucose monitoring systems; and Web-based therapy management software solutions. It serves hospitals, physicians, clinicians, and patients. Medtronic plc was founded in 1949 and is headquartered in Dublin, Ireland.

TechnipFMC plc (FTI) traded within a range of $32.28 to $32.78 after opening the day at $32.44. The company has seen its stock decrease in value by -8.58% so far this year. The stock was down close to -0.61% on light volume in last trading session and closed at $32.48 per share. After the recent fall, the stock is currently holding -12.43% below its 52 week high of $37.09 and 40.97% above its 12-month low of $23.27. The shares are down by over -8.25% in the last three months, and the RSI indicator value of 43.25 is neither bullish nor bearish, tempting investors to stay on the sidelines.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

 

Worth Watching Stocks: Union Pacific Corporation (UNP), United Technologies Corporation (UTX), Apache Corporation (APA)

Union Pacific Corporation (UNP) saw its value decrease by -0.36% as the stock dropped $-0.39 to finish the day at a closing price of $109.39. The stock was lighter in trading and has fluctuated between $77.07-$111.38 per share for the past year. The shares, which traded within a range of $108.5 to $110 during the day, are up by 11.03% in the past three months and up by 17.04% over the past six months. It is currently trading 1.07% above its 20 day moving average and 3.47% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $112.82 a share over the next twelve months. The current relative strength index (RSI) reading is 60.92.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. The company also provides transportation services for coal, petroleum coke, and biomass; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export container traffic. Its rail network includes 32,070 route miles linking the Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. Union Pacific Corporation was founded in 1862 and is headquartered in Omaha, Nebraska.

United Technologies Corporation (UTX) shares were up in last trading by 0.14% to $112.07. It experienced lighter than average volume on day. The stock increased in value by almost 2.4% over the past week and grew 2.1% in the past month. It is currently trading 2.23% above its 50 day moving average and 7.88% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.08% decrease in value from its one year high of $112.83. The RSI indicator value of 62.8, lead us to believe that it is a hold for now.

United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; and offers modernization products to upgrade elevators and escalators, as well as maintenance and repair services. The company’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications. This segment offers electronic security products, including intruder alarms, access control systems, and video surveillance systems; fire safety products; and design, installation, systems integration, repair, maintenance, monitoring, and inspection services. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation markets; and provides aftermarket maintenance, repair, and overhaul, as well as fleet management services. The company’s UTC Aerospace Systems segment provides electric power generation, power management, and distribution systems; air data and aircraft sensing systems; engine control, intelligence, surveillance, and reconnaissance systems; engine components; environmental control systems; fire and ice detection, and protection systems; propeller systems; engine nacelle systems; aircraft lighting and seating, and cargo systems; actuation and landing systems; space products and subsystems; and aftermarket services. United Technologies Corporation offers its services through manufacturers’ representatives, distributors, wholesalers, dealers, retail outlets, and sales representatives, as well as directly to customers. United Technologies Corporation was founded in 1934 and is headquartered in Farmington, Connecticut.

Apache Corporation (APA) traded within a range of $54.96 to $55.98 after opening the day at $55.77. The company has seen its stock decrease in value by -12.6% so far this year. The stock was down close to -0.61% on light volume in last trading session and closed at $55.25 per share. After the recent fall, the stock is currently holding -19.61% below its 52 week high of $69 and 55.72% above its 12-month low of $36.09. The shares are down by over -12.49% in the last three months, and the RSI indicator value of 25.26 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.

 

Stocks on the Move: Entergy Corporation (ETR), Nielsen Holdings plc (NLSN), DENTSPLY SIRONA Inc. (XRAY)

Entergy Corporation (ETR) managed to rebound with the stock climbing 2.83% or $2 to close the day at $72.77 on active trading volume of 2.36M shares, compared to its three month average trading volume of 1.36M. The New Orleans Louisiana 70113 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 3.79%, compared to the industry which has advanced 9.24% over the same period. With RSI of 61.81, the stock should still continue to rise and get closer to its one year target estimate of $73.5, making it a hold for now.

Entergy Corporation, together with its subsidiaries, engages in the generation and distribution of electricity in the United States. It operates in two segments, Utility and Entergy Wholesale Commodities. The Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and distributes natural gas. The Entergy Wholesale Commodities segment is engaged in the ownership, operation, and decommissioning of nuclear power plants located in the northern United States; sells the electric power to wholesale customers; offers services to other nuclear power plant owners; and owns interests in non-nuclear power plants that sell the electric power to wholesale customers. This segment sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. It generates electricity through gas/oil, nuclear, coal, wind, and hydro power. The company’s power plants have approximately 30,000 megawatts (MW) of aggregate electric generating capacity, including approximately 10,000 MW of nuclear-fueled capacity. It delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. The company was founded in 1989 and is based in New Orleans, Louisiana.

Nielsen Holdings plc (NLSN) climbed 0.09% during last trading as the stock added $0.04 to finish the day at $44.85 with about 2.33M shares changing hands, compared to its three month average trading volume of 3.01M. The $15.62B market cap company, which fluctuated between $44.52 and $44.95 during the day, currently situated 11.35% above its 52 week low of $40.28 and -18.78% away from its one year high of $55.94. The RSI of 71.68 indicates the stock is overbought at the current levels, sell for now.

Nielsen Holdings plc operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch and listen. Its Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry. This segment provides data on retail measurement services, such as market share and competitive sales volumes; insights into distribution, pricing, merchandising, and promotion; consumer panel measurement, which offers insight into shopper behavior and customer segmentation; and consumer intelligence and analytical services for decision making in development and marketing cycles. The company’s Watch segment provides viewership and listening data, and analytics primarily to the media and advertising industries for television, radio, digital and mobile viewing, and listening platforms. It offers television audience measurement services, including more than one screen, unduplicated reach, cause and effect analysis, and program viewing behavior testing; audio audience measurement services; digital audience measurement services, such as digital media and market research, audience analytics, and social media measurement; mobile measurement services comprising measurement and consumer research for telecom and media companies; and advertiser solutions. The company was formerly known as Nielsen N.V. and changed its name to Nielsen Holdings plc in August 2015. The company was founded in 1923 and is headquartered in Oxford, the United Kingdom.

DENTSPLY SIRONA Inc. (XRAY) saw its value increase by 0.6% as the stock gained $0.36 to finish the day at a closing price of $60.74. The stock was higher in trading and has fluctuated between $55-$65.83 per share for the past year. The shares, which traded within a range of $60 to $60.76 during the day, are up by 1.42% in the past three months and up by 1.98% over the past six months. It is currently trading 6.08% above its 20 day moving average and 4.6% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $66.5 a share over the next twelve months. The current relative strength index (RSI) reading is 70.18. The technical indicator do not lead us to believe the stock will see more gains any time soon.

DENTSPLY International Inc. designs, develops, manufactures, and markets various consumable dental products for the professional dental market in the United States and internationally. The company provides dental consumable products, including dental anesthetics, prophylaxis paste, dental sealants, impression materials, restorative materials, tooth whiteners, and topical fluoride; and small equipment products comprising dental handpieces, intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers. It also offers dental laboratory products, such as dental prosthetics that include artificial teeth, precious metal dental alloys, dental ceramics, and crown and bridge materials, as well as computer aided design and machining ceramic systems, and porcelain furnaces. In addition, the company provides dental specialty products, which include endodontic instruments and materials, implants and related products, 3D digital scanning and treatment planning software, and dental and orthodontic appliances and accessories. Further, it offers consumable medical device products, such as urology catheters, various surgical products, medical drills, and other products. The company markets and sells its dental products through distributors, dealers, and importers to dentists, dental hygienists, dental assistants, dental laboratories, and dental schools; and medical products directly, as well as through distributors to urologists, urology nurses, and general practitioners. DENTSPLY International Inc. was founded in 1899 and is headquartered in York, Pennsylvania.

 

Trader Alert: Target Corporation (TGT), Time Warner Inc. (TWX), Juniper Networks, Inc. (JNPR)

Target Corporation (TGT) retreated with the stock falling -0.84% or $-0.55 to close at $65.2 on light trading volume of 3.31M compared its three months average trading volume of 5.93M. The Minneapolis Minnesota 55403 based company operating under the Discount, Variety Stores industry has been trending down for the last 52 weeks, with the shares price now -7.07% down for the period and down by -8.9% so far this year. With price target of $73.97 and a 4.55% rebound from 52-week low, Target Corporation has plenty of upside potential, making it a hold with a view buy.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

Time Warner Inc. (TWX) gained $0.07 to close the day at a new closing price of $96.39, a 0.07% increase in value from its previous closing price that moved the stock 58.22% above its 52 week low of $63.57. A total of 3.31M shares exchanged hands during the day compared with its three month average trading volume of 4.12M. The stock, which fluctuated between $96 and $96.43 during the day, currently situated -0.99% below its 52 week high. The stock is up by 1.35% in the past one month and up by 9.18% over the past three months. With a one year target estimate of $105.13 and RSI of 55.03, the stock still has upside potential, making it a hold for now.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers. It operates approximately 180 channels in 200 countries. The Turner segment’s networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN, and HLN; and digital media properties comprise bleacherreport.com, NBA.com, NBA Mobile, NCAA.com, PGA.com, tntdrama.com, TBS.com, adultswim.com, and cartoonnetwork.com. It also licenses original programming to subscription-video-on-demand (SVOD) services and other over-the-top services, and its brands and characters for consumer products other business ventures. This segment serves cable system operators, satellite service distributors, telephone companies, and other distributors. The Home Box Office segment provides premium pay and basic tier television services comprising HBO and Cinemax; sells its original programming through physical and digital formats; and licenses home entertainment and content to international television networks and SVOD services. As of December 31, 2015, this segment had 49 million domestic subscribers. The Warner Bros. segment produces, distributes, and licenses television programming and feature films; distributes digital and physical home entertainment products; and produces and distributes videogames, as well as licenses consumer products and brands. The company was formerly known as AOL Time Warner, Inc. and changed its name to Time Warner Inc. in 2003. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.

Juniper Networks, Inc. (JNPR) shares were up in last trading by 0.46% to $28.09. It experienced lighter than average volume on day. The stock increased in value by almost 2.52% over the past week and grew 2.74% in the past month. It is currently trading 0.7% above its 50 day moving average and 14.19% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.83% decrease in value from its one year high of $29.21. The RSI indicator value of 59.14, lead us to believe that it is a hold for now.

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. It offers various routing products, including ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; T series routers; and NorthStar controllers. The company also provides various switching products comprising EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch. In addition, it offers security products, such as SRX series services gateways for the data centers; Branch SRX family that includes SRX300 Series and SRX1500, which provides integrated firewall capabilities; vSRX Virtual Firewall that delivers various features of physical firewalls; Spotlight Secure Threat Intelligence Platform, a threat intelligence platform that aggregates threat feeds from various sources; and Sky Advanced Threat Prevention, a cloud-based service for static and dynamic analysis. Further, the company offers Junos OS, a network operating system; Junos Space, a network management platform for creating network management applications that include network director, services activation director, security director, edge services director, service now, and service insight; and Contrail networking and cloud platform solutions. Additionally, it provides technical support and professional services, as well as education and training programs. The company sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the service provider and enterprise markets. Juniper Networks, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

 

Stocks in the Spotlight: Southwestern Energy Company (SWN), Xerox Corporation (XRX), CF Industries Holdings, Inc. (CF)

Southwestern Energy Company (SWN) had a light trading with around 11.12M shares changing hands compared to its three month average trading volume of 14.05M. The stock traded between $8.86 and $9.14 before closing at the price of $9.03 with 1.46% change on the day. The Spring Texas 77389 based company is currently trading 70.38% above its 52 week low of $5.3 and -42.08% below its 52 week high of $15.59. Both the RSI indicator and target price of 42.1 and $13.39 respectively, lead us to believe that it should be put on hold over the coming weeks.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

Xerox Corporation (XRX) failed to extend gains with the stock declining -0.13% or $-0.01 to close the day at $7.47 on light trading volume of 10.84M shares, compared to its three month average trading volume of 13.67M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services group over the past 52 weeks, with the stock gaining 27.46%, compared to the industry which has advanced 35.14% over the same period. With RSI of 70.52, the stock should still continue to rise and get closer to its one year target estimate of $8.44, making it a hold for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

CF Industries Holdings, Inc. (CF) shares were down in last trading by -5.04% to $34.49. It experienced higher than average volume on day. The stock decreased in value by almost -1.29% over the past week and grew 4.86% in the past month. It is currently trading 5.47% above its 50 day moving average and 26.38% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -7.21% decrease in value from its one year high of $37.72. The RSI indicator value of 50.2, lead us to believe that it is a hold for now.

CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its primary nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia as well as compound fertilizer product, such as nitrogen, phosphorus, and potassium fertilizer. It offers products primarily to cooperatives, independent fertilizer distributors, farmers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.

 

Traders Watch list: Spirit Realty Capital, Inc. (SRC), The Western Union Company (WU), Exelixis, Inc. (EXEL)

Spirit Realty Capital, Inc. (SRC) saw its value decrease by -0.28% as the stock dropped $-0.03 to finish the day at a closing price of $10.68. The stock was higher in trading and has fluctuated between $10.2-$13.97 per share for the past year. The shares, which traded within a range of $10.51 to $10.73 during the day, are up by 2.2% in the past three months and down by -16.3% over the past six months. It is currently trading -0.08% below its 20 day moving average and -0.08% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $12.62 a share over the next twelve months. The current relative strength index (RSI) reading is 51.18.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Spirit Realty Capital, Inc. is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. The firm was formerly known as Spirit Finance Corp. Spirit Realty Capital, Inc. was formed on August 14, 2003 and is domiciled in the United States.

The Western Union Company (WU) shares were down in last trading by -0.46% to $19.59. It experienced lighter than average volume on day. The stock decreased in value by almost -1.61% over the past week and fell -11% in the past month. It is currently trading -7.23% below its 50 day moving average and -2.75% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -13.7% decrease in value from its one year high of $22.7. The RSI indicator value of 36.9, lead us to believe that it is a hold for now.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers money transfer services. This segment provides various options for sending funds, including walk-in and online money transfer, as well as account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Consumer-to-Business segment offers options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses. It also provides various products, which provide consumers choices as to the payment channel and method of payment, including Speedpay, Pago Fácil, and Western Union Payments. This segment offers its services primarily through the phone and Online, as well as through its agent networks and selected company-owned locations. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises and other organizations, as well as for individuals. This segment provides its services through the phone, partner channels, and the Internet. As of December 31, 2015, the company had a network of approximately 500,000 agent locations in approximately 200 countries and territories. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.

Exelixis, Inc. (EXEL) traded within a range of $21.58 to $22.13 after opening the day at $22. The company has seen its stock increase in value by 48.22% so far this year. The stock was up close to 0.36% on light volume in last trading session and closed at $22.1 per share. After the recent gain, the stock is currently holding -4% below its 52 week high of $23.02 and 522.54% above its 12-month low of $3.55. The shares are up by over 31.86% in the last three months, and the RSI indicator value of 68.39 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Exelixis, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of new medicines with the potential to enhance care and outcomes for people with cancer. It focuses on advancing cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, and VEGF receptors, which has shown clinical anti-tumor activity in approximately 20 forms of cancer and is the subject of a broad clinical development program. The company has received regulatory approval for two separate formulations of cabozantinib for the treatment of certain forms of kidney and thyroid cancer and marketed as CABOMETYX tablets in the United States and COMETRIQ capsules in the United States and European Union respectively. It also offers COTELLIC (cobimetinib), a selective inhibitor of MEK, in the United States and European Union; and is being evaluated for further potential indications by Roche and Genentech under collaboration with Exelixis. Exelixis, Inc. has collaboration and license agreements with Ipsen Pharma SAS, Genentech, Inc., GlaxoSmithKline, Bristol-Myers Squibb Company, Sanofi, Merck, and Daiichi Sankyo Company Limited for the development and commercialization of various compounds and programs. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was founded in 1994 and is headquartered in South San Francisco, California.

 

3 Trending Stocks: Office Depot, Inc. (ODP), Memorial Production Partners LP (MEMP), Zayo Group Holdings, Inc. (ZAYO)

Office Depot, Inc. (ODP) continued its upward trend with the stock climbing 0.44% or $0.02 to close the day at $4.56 on light trading volume of 3.31M shares, compared to its three month average trading volume of 6.38M. The Boca Raton Florida 33496 based company has been underperforming the specialty retail, other group over the past 52 weeks, with the stock losing -11.03%, compared to the industry which has advanced 41.74% over the same period. With RSI of 53.9, the stock should still continue to rise and get closer to its one year target estimate of $4.99, making it a hold for now.

Office Depot, Inc., together with its subsidiaries, supplies office products and services. It operates in three segments: North American Retail, North American Business Solutions, and International. The company sells office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture. It also offers copy and print services. The company sells its products and services to consumers and businesses through office supply stores, a contract sales force, Internet sites, an outbound telephone account management sales force, direct marketing catalogs, and call centers, as well as participates under licensing and merchandise arrangements in Latin America, Europe, Israel, and Japan. As of December 26, 2015, it operated 1,564 stores in the United States, including Puerto Rico and the U.S. Virgin Islands; and 147 stores in France, South Korea, Sweden, New Zealand, and Australia. The company offers its products under various labels, including Office Depot, OfficeMax, Foray, Ativa, TUL, Realspace, WorkPro, Brenton Studio, Highmark, Grand & Toy, and Viking Office Products. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida.

Memorial Production Partners LP (MEMP) climbed 6.26% during last trading as the stock added $0.01 to finish the day at $0.15 with about 3.3M shares changing hands, compared to its three month average trading volume of 3.46M. The $13.1M market cap company, which fluctuated between $0.133 and $0.165 during the day, currently situated 25.83% above its 52 week low of $0.123 and -95.14% away from its one year high of $3.21. The RSI of 31.21 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Zayo Group Holdings, Inc. (ZAYO) saw its value increase by 2.18% as the stock gained $0.67 to finish the day at a closing price of $31.42. The stock was higher in trading and has fluctuated between $22.72-$35.65 per share for the past year. The shares, which traded within a range of $30.69 to $31.61 during the day, are down by -1.75% in the past three months and up by 10.56% over the past six months. It is currently trading -0.13% below its 20 day moving average and -2.63% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $36.07 a share over the next twelve months. The current relative strength index (RSI) reading is 48.32. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Zayo Group Holdings, Inc., through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the United States, Canada, and Europe. The company operates in five segments: Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada, and Other. The Dark Fiber Solutions segment provides dark fiber, and fiber-to-the-tower and small cell mobile infrastructure services for carriers and other communication service providers, Internet service providers, wireless service providers, media and content companies, large enterprises, and other companies. The Network Connectivity segment offers bandwidth infrastructure solutions comprising wavelength, Ethernet, Internet protocol, and SONET services through its metro, regional, and long-haul fiber networks for carriers, financial services companies, healthcare, government institutions, education institutions, and other enterprises. The Colocation and Cloud Infrastructure segment provides data center infrastructure solutions, including colocation, interconnection, cloud, hosting, and managed services to a range of enterprise, carrier, content, and cloud customers. The Zayo Canada segment offers dark fiber, network connectivity, cloud and colocation infrastructure, voice, unified communications, and managed security services for small and medium business customers. The Other segment provides network and technical resources to customers in designing, acquiring, and maintaining their networks. The company was founded in 2007 and is headquartered in Boulder, Colorado.