Ratings Round Up: Energy Transfer Equity LP (NYSE:ETE)

The shares of Energy Transfer Equity LP (NYSE:ETE)currently has mean rating of 2.4 while 2 analyst have recommended the shares as ‘BUY’ ,2 recommended as ‘OUTPERFORM’ and 6 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Energy Transfer Equity LP (NYSE:ETE)is at $13.75 while the highest price target suggested by the analysts is $23.00 and low price target is $7.00. The mean price target is calculated keeping in view the consensus of 8 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 9.27B by 5 analysts. The means estimate of sales for the year ending Dec 16 is 39.77B by 5 analysts.

The average estimate of EPS for the current fiscal quarter for Energy Transfer Equity LP (NYSE:ETE)stands at $0.35 while the EPS for the current year is fixed at $1.26 by 6.00 analysts

The next one year’s EPS estimate is set at 1.69 by 8.00 analysts while a year ago the analysts suggested the company’s EPS at $1.26. The analysts also projected the company’s long-term growth at 23.39% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Energy Transfer Equity LP (NYSE:ETE)reported earnings of $0.30. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 3.40%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Energy Transfer Equity LP (NYSE:ETE) traded up +0.00% during trading on Friday, hitting $14.99 . The stock had a trading volume of 12.4 M shares. The firm has a 50 day moving average of $12.98 and a 200-day moving average of $10.20. The stock has a market cap of $14.99B and a price-to-earnings ratio of 12.49. On Jul 13, 2015 the shares registered one year high at $33.06 and the one year low was seen on Feb 8, 2016.

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.

Ratings Round Up: Visa Inc (NYSE:V)

The shares of Visa Inc (NYSE:Vcurrently has mean rating of 1.9 while 20 analyst have recommended the shares as ‘BUY’ ,9 recommended as ‘OUTPERFORM’ and 7 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Visa Inc (NYSE:Vis at $88.84 while the highest price target suggested by the analysts is $100.00 and low price target is $76.00. The mean price target is calculated keeping in view the consensus of 31 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 3.67B by 28 analysts. The means estimate of sales for the year ending Sep 16 is 15.29B by 16 analysts.

The average estimate of EPS for the current fiscal quarter for Visa Inc (NYSE:Vstands at $0.67 while the EPS for the current year is fixed at $2.78 by 32.00 analysts

The next one year’s EPS estimate is set at 3.28 by 17.00 analysts while a year ago the analysts suggested the company’s EPS at $2.78. The analysts also projected the company’s long-term growth at 15.81% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Visa Inc (NYSE:Vreported earnings of $0.68. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 1.50%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Visa Inc (NYSE:V traded up +2.22% during trading on Friday, hitting $78.24 . The stock had a trading volume of 13.6 M shares. The firm has a 50 day moving average of $78.50 and a 200-day moving average of $75.90. The stock has a market cap of $186.60B and a price-to-earnings ratio of 27.27. On Apr 19, 2016 the shares registered one year high at $81.73 and the one year low was seen on Aug 24, 2015.

On June 21, 2016 Visa Inc (NYSE:V) announced the completion of its acquisition of Visa Europe Ltd.

The combined, global company provides digital payment products, services and processing to about 17,100 financial institution clients and partners, 40 million merchant outlets, and 3.0 billion Visa cards worldwide. Visa–branded cards and payment products enable approximately $6.8 trillion in global payments volume annually.

In addition, Visa Inc.’s Board of Directors (the “Board”) announced that it appointed Gary A. Hoffman, CEO of Hastings Group, as a Board member of Visa Inc. He is currently a director and Chairman of Visa Europe Limited. This brings the Board to twelve members.

Mr. Hoffman has been the Chief Executive Officer of Hastings Group, a UK insurance provider, since November 2012. Prior to this role, Mr. Hoffman was Chief Executive Officer of NBNK Investments, an investment vehicle formed in August 2010 to establish personal and business retail banking in the UK, from 2011 to 2012. He also served as Chief Executive Officer of Northern Rock PLC, from 2008 to 2010 and Vice Chairman of Barclays PLC, from 2006 to 2008. Prior to that, he served in various other roles at Barclays Group, including Chairman of UK Banking and Barclaycard at Barclays PLC and Chief Executive Officer of Barclaycard.

“I am pleased to welcome Gary to the Board of Directors,” said Charlie Scharf, CEO of Visa Inc. “Gary’s broad knowledge of the European payments and banking industries brings an important perspective to the Visa Inc. Board and will be invaluable as we build our business in Europe.”

Gary Hoffman said, “It is exciting to be part of the next chapter in the Visa story. Visa Europe has performed strongly as a business and combining with Visa Inc. will provide European clients with greater access to the global scale, additional innovation resources and range of capabilities necessary to continue to offer the best payment services to their customers.”

Stock Earnings Estimates Under Consideration: AT&T Inc. (NYSE:T)

The shares of AT&T Inc. (NYSE:Tcurrently has mean rating of 2.4 while 8 analyst have recommended the shares as ‘BUY’ ,9 recommended as ‘OUTPERFORM’ and 13 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of AT&T Inc. (NYSE:Tis at $39.56 while the highest price target suggested by the analysts is $45.00 and low price target is $26.00. The mean price target is calculated keeping in view the consensus of 27 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 40.75B by 20 analysts. The means estimate of sales for the year ending Dec 16 is 165.12B by 26 analysts.

The average estimate of EPS for the current fiscal quarter for AT&T Inc. (NYSE:Tstands at $0.72 while the EPS for the current year is fixed at $2.86 by 23.00 analysts

The next one year’s EPS estimate is set at 3.02 by 29.00 analysts while a year ago the analysts suggested the company’s EPS at $2.86. The analysts also projected the company’s long-term growth at 8.18% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , AT&T Inc. (NYSE:Treported earnings of $0.72. The posted earnings topped the analyst’s consensus by $0.03 with the surprise factor of 4.30%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

AT&T Inc. (NYSE:T traded up +1.40% during trading on Friday, hitting $41.89 . The stock had a trading volume of 19.0 M shares. The firm has a 50 day moving average of $39.44 and a 200-day moving average of $37.37. The stock has a market cap of $257.81B and a price-to-earnings ratio of 17.75. On Jun 23, 2016 the shares registered one year high at $41.89 and the one year low was seen on Aug 24, 2015.

On June 21, 2016 AT&T Inc. (NYSE:T) announced that the company’s second-quarter 2016 results will be released after the New York Stock Exchange closes on Thursday, July 21, 2016. At 4:30 p.m. ET the same day, AT&T will host a conference call to discuss the results. The company’s earnings release, Investor Briefing and related materials will be available at AT&T Investor Relations.

The company will broadcast a live webcast of the call at AT&T Investor Relations, and the webcast replay will be available for replay at the same address.

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

Stock Earnings Estimates Under Consideration: Potash Corp. of Saskatchewan (USA) (POT)

The shares of Potash Corporation of Saskatchewan (USA) (NYSE:POT)currently has mean rating of 2.9 while 3 analyst have recommended the shares as ‘BUY’ ,3 recommended as ‘OUTPERFORM’ and 14 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Potash Corporation of Saskatchewan (USA) (NYSE:POT)is at $17.02 while the highest price target suggested by the analysts is $25.00 and low price target is $11.00. The mean price target is calculated keeping in view the consensus of 25 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.23B by 14 analysts. The means estimate of sales for the year ending Dec 16 is 4.82B by 19 analysts.

The average estimate of EPS for the current fiscal quarter for Potash Corporation of Saskatchewan (USA) (NYSE:POT)stands at $0.21 while the EPS for the current year is fixed at $0.71 by 19.00 analysts

The next one year’s EPS estimate is set at 0.96 by 27.00 analysts while a year ago the analysts suggested the company’s EPS at $0.71. The analysts also projected the company’s long-term growth at -4.25% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Potash Corporation of Saskatchewan (USA) (NYSE:POT)reported earnings of $0.15. The posted earnings missed the analyst’s consensus by $-0.01 with the surprise factor of -6.30%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Potash Corporation of Saskatchewan (USA) (NYSE:POT) traded up +5.81% during trading on Friday, hitting $17.75 . The stock had a trading volume of 17.2 M shares. The firm has a 50 day moving average of $16.63 and a 200-day moving average of $16.91. The stock has a market cap of $14.66B and a price-to-earnings ratio of 14.98. On Jun 26, 2015 the shares registered one year high at $32.18 and the one year low was seen on Jan 25, 2016.

On May 13, 2016 Potash Corporation of Saskatchewan (USA) (NYSE:POT) has become aware of an unsolicited “mini-tender” offer made by TRC Capital Corporation (TRC Capital) to purchase up to 5,000,000 PotashCorp common shares, or approximately 0.60% of PotashCorp’s outstanding common shares, at a price of C$19.95 per common share.  The offering price represents a discount of 4.41% and 4.68%, respectively, to the closing prices of PotashCorp common shares on the Toronto Stock Exchange and New York Stock Exchange on May 10, 2016 , the last trading day before the mini-tender offer was commenced.

PotashCorp does not endorse this unsolicited mini-tender offer and recommends that shareholders do not tender their shares.  PotashCorp is not associated with TRC Capital, its mini-tender offer or the mini-tender offer documentation.

TRC Capital has made similar unsolicited mini-tender offers for shares of other public companies.  Mini-tender offers are designed to avoid many disclosure and procedural requirements applicable to most take-over bids and tender offers under Canadian and United States securities legislation.

The Canadian Securities Administrators (CSA) have expressed serious concerns about mini‑tender offers, such as the possibility that investors might tender to a mini-tender offer based upon a misunderstanding of the terms of the offer, including the per securities price available under the offer relative to the market price of such securities.  Comments from the CSA on mini‑tenders can be found on the Ontario Securities Commission website at: http://www.osc.gov.on.ca/en/SecuritiesLaw_csa_19991210_61-301.jsp.

The U.S. Securities and Exchange Commission (SEC) has also issued comments about mini-tender offers.  The SEC states: “Some bidders make mini-tender offers at below-market prices, hoping that they will catch investors off-guard if the investors do not compare the offer price to the current market price.” The SEC advisory can be found at: http://www.sec.gov/investor/pubs/minitend.htm.

PotashCorp urges shareholders to obtain current market quotations for their shares, consult with their broker or financial advisor and exercise caution with respect to TRC Capital’s offer.  PotashCorp recommends that shareholders who have not responded to TRC Capital’s mini-tender offer take no action.  Shareholders who have already tendered their shares should take actions to withdraw them including reviewing the withdrawal procedures in TRC Capital’s offering documents.

Stock Under Analyst’s Radar: Wells Fargo & Co (NYSE:WFC)

The shares of Wells Fargo & Co (NYSE:WFC)currently has mean rating of 2.4 while 15 analyst have recommended the shares as ‘BUY’ ,5 recommended as ‘OUTPERFORM’ and 9 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Wells Fargo & Co (NYSE:WFC)is at $54.80 while the highest price target suggested by the analysts is $64.00 and low price target is $44.00. The mean price target is calculated keeping in view the consensus of 30 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 22.25B by 24 analysts. The means estimate of sales for the year ending Dec 16 is 89.57B by 27 analysts.

The average estimate of EPS for the current fiscal quarter for Wells Fargo & Co (NYSE:WFC)stands at $1.01 while the EPS for the current year is fixed at $4.10 by 31.00 analysts

The next one year’s EPS estimate is set at 4.39 by 32.00 analysts while a year ago the analysts suggested the company’s EPS at $4.10. The analysts also projected the company’s long-term growth at 9.40% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Wells Fargo & Co (NYSE:WFC)reported earnings of $0.99. The posted earnings topped the analyst’s consensus by $0.02 with the surprise factor of 2.10%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Wells Fargo & Co (NYSE:WFC) traded up +1.629% during trading on Friday, hitting $47.840 . The stock had a trading volume of 9.2 M shares. The firm has a 50 day moving average of $48.876 and a 200-day moving average of $49.710. The stock has a market cap of $242.35B and a price-to-earnings ratio of 11.729. On Jul 23, 2015 the shares registered one year high at $58.77 and the one year low was seen on Feb 11, 2016.

On June 23, 2016 Wells Fargo & Co (NYSE:WFC) released the results of its company-run stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA).

The Federal Reserve has published the results of its supervisory-run DFA stress tests for the nation’s largest banks, including Wells Fargo, using the Dodd-Frank Capital Actions1 distribution requirements. Wells Fargo’s estimates may differ from the Federal Reserve’s estimates.

About Wells Fargo

Wells Fargo & Company (WFC) is a diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,800 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 269,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 27 on Fortune’s 2016 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially.

Today’s Hot Buzz: Apple Inc. (NASDAQ:AAPL)

The shares of Apple Inc. (NASDAQ:AAPL) currently has mean rating of 1.8 while 22 analyst have recommended the shares as ‘BUY’ ,17 recommended as ‘OUTPERFORM’ and 8 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Apple Inc. (NASDAQ:AAPL) is at $124.79 while the highest price target suggested by the analysts is $185.00 and low price target is $102.00. The mean price target is calculated keeping in view the consensus of 37 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 42.39B by 35 analysts. The means estimate of sales for the year ending Sep 16 is 216.31B by 40 analysts.

The average estimate of EPS for the current fiscal quarter for Apple Inc. (NASDAQ:AAPL) stands at $1.39 while the EPS for the current year is fixed at $8.27 by 37.00 analysts

The next one year’s EPS estimate is set at 9.08 by 46.00 analysts while a year ago the analysts suggested the company’s EPS at $8.27. The analysts also projected the company’s long-term growth at 9.23% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Apple Inc. (NASDAQ:AAPL) reported earnings of $1.90. The posted earnings missed the analyst’s consensus by $-0.10 with the surprise factor of -5.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Apple Inc. (NASDAQ:AAPL) traded up +0.19% during trading on Friday, hitting $96.10 . The stock had a trading volume of 15.4 M shares. The firm has a 50 day moving average of $96.18 and a 200-day moving average of $101.21. The stock has a market cap of $524.35B and a price-to-earnings ratio of 10.66. On Jul 20, 2015 the shares registered one year high at $132.97 and the one year low was seen on May 12, 2016.

On June 20, 2016 Apple Inc. (NASDAQ:AAPL) Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, education, and enterprise and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers’ TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, iBooks Store, Mac App Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

Today’s Hot Buzz: F D C Ltd (Parent) (NSE:FDC)

The shares of F D C Ltd (Parent) (NSE:FDC)currently has mean rating of 2.1 while 0 analyst have recommended the shares as ‘BUY’ ,0 recommended as ‘OUTPERFORM’ and 0 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of F D C Ltd (Parent) (NSE:FDC)is at $16.14 while the highest price target suggested by the analysts is $22.00 and low price target is $12.00. The mean price target is calculated keeping in view the consensus of 21 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.81B by 15 analysts. The means estimate of sales for the year ending Dec 16 is 7.32B by 17 analysts.

The average estimate of EPS for the current fiscal quarter for F D C Ltd (Parent) (NSE:FDC)stands at $0.34 while the EPS for the current year is fixed at $1.31 by 22.00 analysts

The next one year’s EPS estimate is set at 1.52 by 23.00 analysts while a year ago the analysts suggested the company’s EPS at $1.31. The analysts also projected the company’s long-term growth at 16.05% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , F D C Ltd (Parent) (NSE:FDC)reported earnings of $0.24. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 4.30%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

F D C Ltd (Parent) (NSE:FDC) traded down -3.11% during trading on Friday, hitting $12.40 . The stock had a trading volume of 34.9 M shares. The firm has a 50 day moving average of $11.84 and a 200-day moving average of $12.98. The stock has a market cap of $10.74B. On Nov 11, 2015 the shares registered one year high at $17.99 and the one year low was seen on Feb 11, 2016.

On June 8, 2016 F D C Ltd (Parent) (NSE:FDC) announce that the two companies have partnered in order to offer Canadian merchants the opportunity to use Ackroo’s gift card and rewards technology on First Data certified terminals, making it seamless for First Data Canada merchants to launch their own gift card and rewards programs.

“We are thrilled to expand our channel partnerships with the addition of First Data Canada” said Steve Levely , chief executive officer at Ackroo. “Our channel sales model relies on us working with selected partners like First Data Canada who are aligned with our vision and strategy. Partners see a bi-lateral relationship with us where both organizations actively develop and grow each other’s customer base.  First Data is one of the world’s largest payment processors with a suggested 50% + market share in the US alone. Not only are we excited to help First Data grow their market share even further we are excited to expand Ackroo’s addressable market by providing our growing merchant base even more options when it comes to integrating Ackroo at the point of sale. An exciting advancement for both organizations and a partnership that we expect will position the Company for even greater success.”

“We are excited to be partnering with Ackroo, allowing our merchants the opportunity to expand their businesses in today’s ever changing marketplace and more readily meet the needs of their customers,” said Ben Edelstein , Director of Product Management at First Data Canada. “We look forward to working with the Ackroo team for many years to come. To help further grow their businesses, First Data Canada merchants can now easily incorporate gift and rewards programs into their new and existing terminals and solutions.”

In addition, Ackroo has forfeited 265,000 existing incentive stock options at various strike prices and has granted options to purchase 830,000 common shares to officers, employees and consultants of the Company at a price of $0.20 , for a period of 3 years. The grant is subject to the approval of the TSX Venture Exchange.

Today’s Hot Buzz: Whiting Petroleum Corp (NYSE:WLL)

The shares of Whiting Petroleum Corp (NYSE:WLL)currently has mean rating of 2.6 while 10 analyst have recommended the shares as ‘BUY’ ,6 recommended as ‘OUTPERFORM’ and 21 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Whiting Petroleum Corp (NYSE:WLL)is at $14.05 while the highest price target suggested by the analysts is $32.00 and low price target is $3.00. The mean price target is calculated keeping in view the consensus of 35 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 372.29M by 31 analysts. The means estimate of sales for the year ending Dec 16 is 1.49B by 29 analysts.

The average estimate of EPS for the current fiscal quarter for Whiting Petroleum Corp (NYSE:WLL)stands at $-0.54 while the EPS for the current year is fixed at $-2.23 by 36.00 analysts

The next one year’s EPS estimate is set at -1.18 by 39.00 analysts while a year ago the analysts suggested the company’s EPS at $-2.23. The analysts also projected the company’s long-term growth at -32.40% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Whiting Petroleum Corp (NYSE:WLL)reported earnings of $-0.85. The posted earnings missed the analyst’s consensus by $-0.13 with the surprise factor of -18.10%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Whiting Petroleum Corp (NYSE:WLL) traded down -6.45% during trading on Friday, hitting $11.47 . The stock had a trading volume of 43.6 M shares. The firm has a 50 day moving average of $11.76 and a 200-day moving average of $9.02. The stock has a market cap of $2.31B. On Jun 26, 2015 the shares registered one year high at $36.00 and the one year low was seen on Feb 25, 2016.

On June 22, 2016 Whiting Petroleum Corp (NYSE:WLL) announced that it entered into privately negotiated exchange agreements under which it will exchange $377.0 million aggregate principal amount of nonconvertible notes for the same aggregate principal amount of new mandatory convertible notes and $687.9 million aggregate principal amount of convertible notes for the same aggregate principal amount of new mandatory convertible notes.

Four percent of the aggregate principal amount of the New Convertible Notes will be converted into shares of Whiting common stock for each day of the 25 trading day period commencing on June 23, 2016 (the “Observation Period”) if the daily volume weighted average price, or Daily VWAP (as defined in the indentures governing the New Convertible Notes), of Whiting common stock on such day is above $8.75. If converted, the conversion price per share of Whiting common stock for such conversions will equal the higher of (i) the Daily VWAP for Whiting common stock for such trading day multiplied by one plus zero for the New 2018 Notes, one plus 0.5% for the New 2019 Notes, one plus 8.0% for the New 2020 Notes, one plus 2.5% for the New 2021 Notes and one plus 3.5% for the New 2023 Notes and (ii) $8.75 for the New 2018 Notes (equivalent to 114.29 shares of Whiting common stock per $1,000 principal amount of the New 2018 Notes), $8.79 for the New 2019 Notes (equivalent to 113.72 shares of Whiting common stock per $1,000 principal amount of the New 2019 Notes), $9.45 for the New 2020 Notes (equivalent to 105.82 shares of Whiting common stock per $1,000 principal amount of the New 2020 Notes), $8.97 for the New 2021 Notes (equivalent to 111.50 shares of Whiting common stock per $1,000 principal amount of the New 2021 Notes) and $9.06 for the New 2023 Notes (equivalent to 110.42 shares of Whiting common stock per $1,000 principal amount of the New 2023 Notes) (the “Minimum Conversion Prices”).

Conversion settlements for the New Convertible Notes applicable to the Observation Period will be effected (i) for $128.5 million of New 2020 Notes, as a single settlement on the third business day after the Observation Period, and (ii) for all other New Convertible Notes, on a daily basis on the third business day following conversion (except that conversions prior to the closing of exchange offers will not be settled until at least the business day after the closing of the exchange offers).

Today’s Stock in Focus: Bed Bath & Beyond Inc. (NASDAQ:BBBY)

The shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) currently has mean rating of 3.1 while 0 analyst have recommended the shares as ‘BUY’ ,2 recommended as ‘OUTPERFORM’ and 19 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) is at $47.74 while the highest price target suggested by the analysts is $75.00 and low price target is $35.00. The mean price target is calculated keeping in view the consensus of 19 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Aug 16 is 3.06B by 20 analysts. The means estimate of sales for the year ending Feb 17 is 12.36B by 24 analysts.

The average estimate of EPS for the current fiscal quarter for Bed Bath & Beyond Inc. (NASDAQ:BBBY) stands at $1.21 while the EPS for the current year is fixed at $4.99 by 24.00 analysts

The next one year’s EPS estimate is set at 5.21 by 28.00 analysts while a year ago the analysts suggested the company’s EPS at $4.99. The analysts also projected the company’s long-term growth at 3.03% for the upcoming five years

In its latest quarter ended on 31 May 2016 , Bed Bath & Beyond Inc. (NASDAQ:BBBY) reported earnings of $0.80. The posted earnings missed the analyst’s consensus by $-0.06 with the surprise factor of -7.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) traded up +1.51% during trading on Friday, hitting $44.60 . The stock had a trading volume of 14.1 M shares. The firm has a 50 day moving average of $43.83 and a 200-day moving average of $46.87. The stock has a market cap of $6.73B and a price-to-earnings ratio of 8.59. On Jun 26, 2015 the shares registered one year high at $71.20 and the one year low was seen on Jun 23, 2016.

On June 22, 2016 Bed Bath & Beyond Inc. (NASDAQ:BBBY) reported financial results for the first quarter of fiscal 2016 ended May 28, 2016.

First Quarter Results

For the first quarter of fiscal 2016, the Company reported net earnings of $.80 per diluted share ($122.6 million) compared with $.93 per diluted share ($158.5 million) for the first quarter of fiscal 2015.  Net sales for the first quarters of fiscal 2016 and 2015 were approximately $2.738 billion.  Comparable sales in the first quarter of fiscal 2016 decreased by approximately 0.5%, compared with an increase of approximately 2.2% in the prior year period.  Comparable sales from customer-facing digital channels grew in excess of 20% while comparable sales from stores declined in the low single-digit percentage range during the first quarter of fiscal 2016.

Capital Allocation

The Company’s Board of Directors has declared a quarterly dividend of $.125 per share, to be paid on October 18, 2016 to shareholders of record as of September 16, 2016.

During the first quarter of fiscal 2016, the Company repurchased approximately $178 million of its common stock, representing approximately 3.8 million shares, under its existing $2.5 billion share repurchase program.  As of May 28, 2016, the program had a remaining balance of approximately $2.1 billion, and is expected to be completed in the latter half of fiscal 2019 or in fiscal 2020.

Fiscal 2016 Outlook

Bed Bath & Beyond Inc.’s conference call with analysts and investors will be held at 5:00 pm (ET). During this call, the Company plans to review its financial planning assumptions for fiscal 2016.

Based on these planning assumptions, which reflect actual first quarter results, current business trends and include the slight dilution anticipated from the purchase during the Company’s second quarter of One Kings Lane, Inc., Bed Bath & Beyond expects its fiscal 2016 net earnings per diluted share to be comfortably within the $4.50 to just over $5.00 range that it has earned over the past several years, during a heavy investment phase. This is the range of net earnings per diluted share that the Company previously described in its April 6, 2016, fiscal fourth quarter earnings press release.

The Company’s fiscal 2016 first quarter conference call may be accessed by dialing 1-888-771-4371, or if international, 847-585-4405, using conference ID number 42747608. The replay of the call can be accessed by dialing 1-888-843-7419, using conference ID number 42747608.  The call and replay can also be accessed via audio webcast on the investor relations section of our website at www.bedbathandbeyond.com.

What Analyst’s have to say about Microsoft Corporation (NASDAQ:MSFT)

The shares of Microsoft Corporation (NASDAQ:MSFT) currently has mean rating of 2.3 while 15 analyst have recommended the shares as ‘BUY’ ,8 recommended as ‘OUTPERFORM’ and 11 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Microsoft Corporation (NASDAQ:MSFT) is at $57.76 while the highest price target suggested by the analysts is $70.00 and low price target is $36.00. The mean price target is calculated keeping in view the consensus of 35 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 22.17B by 24 analysts. The means estimate of sales for the year ending Jun 16 is 91.55B by 27 analysts.

The average estimate of EPS for the current fiscal quarter for Microsoft Corporation (NASDAQ:MSFT) stands at $0.58 while the EPS for the current year is fixed at $2.67 by 29.00 analysts

The next one year’s EPS estimate is set at 2.90 by 28.00 analysts while a year ago the analysts suggested the company’s EPS at $2.67. The analysts also projected the company’s long-term growth at 8.15% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Microsoft Corporation (NASDAQ:MSFT) reported earnings of $0.62. The posted earnings missed the analyst’s consensus by $-0.02 with the surprise factor of -3.10%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Microsoft Corporation (NASDAQ:MSFT) traded up +1.489% during trading on Friday, hitting $52.060 . The stock had a trading volume of 18.3 M shares. The firm has a 50 day moving average of $51.111 and a 200-day moving average of $52.703. The stock has a market cap of $406.77B and a price-to-earnings ratio of 39.899. On Dec 29, 2015 the shares registered one year high at $56.85 and the one year low was seen on Aug 24, 2015.

On June 20, 2016 Microsoft Corporation (NASDAQ:MSFT) announced its new SEMS (SPYRUS Enterprise Management System) as a Service (SEMSaaS) managed cloud services to manage Windows To Go live drives and Encrypting Storage Drives used by enterprises to reduce costs and increase data at rest security. SPYRUS SEMSaaS operates on the Microsoft (NASDAQ: MSFT) Azure Cloud Platform to provide enterprises with centrally controlled mobile device management combined with the economic and performance advantages of cloud-based computing services. SEMSaaS managed devices include certified Windows To Go live drives including WorkSafe™, WorkSafe Pro™, Secure Portable Workplace™, and Portable Workplace™, PocketVault P-3X and the groundbreaking encrypting Rosetta TrustedFlash™ microSDHC cards will be managed in 3rd Quarter 2016.

“All the unmatched enterprise-level management features of SEMS on premise device management system are now available on Microsoft Cloud,” reported Tom Dickens, SPYRUS COO. “Our customers requested SPYRUS assist them to decrease the demands on their IT departments by providing turnkey services from replication of enterprise Windows images to managing the MDM system for Windows To Go deployments. SPYRUS has responded with our SEMSaaS cloud services and, in advancing our industry leadership position, we have added proprietary ‘Defense-in-Depth’ layers of security to protect the enterprise data and network.” He added, “Azure enables SPYRUS to use the inherent capability of the Microsoft Cloud to work with the customer and size and configure SaaS computing resources best tailored to their needs. Whether managing hundreds or thousands of SPYRUS encrypting and bootable live drives, customers who take advantage of SPYRUS SaaS cloud services will be able to quickly deploy and manage devices anywhere in the world through SEMS management and reliable cloud-based network connectivity.”