Noticeable Stock: Cemex SAB de CV (ADR) (NYSE:CX)

The shares of Cemex SAB de CV (ADR) (NYSE:CX)currently has mean rating of 2.1 while 11 analyst have recommended the shares as ‘BUY’ ,3 recommended as ‘OUTPERFORM’ and 4 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 Cemex SAB de CV (ADR) (NYSE:CX)is at $8.76 while the highest price target suggested by the analysts is $15.87 and low price target is $6.73. The mean price target is calculated keeping in view the consensus of 18 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 3.77B by 3 analysts. The means estimate of sales for the year ending Dec 16 is 14.34B by 17 analysts.

The average estimate of EPS for the current fiscal quarter for Cemex SAB de CV (ADR) (NYSE:CX)stands at $0.07 while the EPS for the current year is fixed at $0.18 by 6.00 analysts

The next one year’s EPS estimate is set at 0.35 by 16.00 analysts while a year ago the analysts suggested the company’s EPS at $0.18. The analysts also projected the company’s long-term growth at 114.43% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Cemex SAB de CV (ADR) (NYSE:CX)reported earnings of $0.03. The posted earnings topped the analyst’s consensus by $0.07 with the surprise factor of 175.00%. 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.

Cemex SAB de CV (ADR) (NYSE:CX) traded up +4.29% during trading on Friday, hitting $6.80 . The stock had a trading volume of 7.7 M shares. The firm has a 50 day moving average of $6.51 and a 200-day moving average of $5.82. The stock has a market cap of $71.74B and a price-to-earnings ratio of 425.00. On Jun 26, 2015 the shares registered one year high at $9.22 and the one year low was seen on Jan 20, 2016.

On June 23, 2016 Cemex SAB de CV (ADR) (NYSE:CX) announced that CEMEX USA is participating in Phase 1 of the Metro Purple Line Extension in Los Angeles, California. This long-awaited extension will improve the Los Angeles public transportation system by linking the west part of the city to the region’s growing rail network. For this project, CEMEX is expected to supply at least 330,000 cubic yards of ready-mix concrete.

Phase 1 will provide high-speed, reliable transportation between popular areas of the city. Expected to be completed in 2023, the extension will comprise a 3.9-mile section of twin-rail subway, plus three underground stations in Los Angeles and Beverly Hills.

Project planning began in 2007 to ensure the completed development of this comprehensive project with the least possible impact on area residents. CEMEX was chosen for this project thanks to the expertise it demonstrated 10 years ago on the LA Metro Gold Line expansion.

“This project will improve transportation and mobility for generations of Los Angeles residents, and CEMEX enjoys the resources and experience to help make it a reality. We are proud to play an important role in building a better future for one of the USA’s greatest cities through the extension of the Metro Purple Line,” said Ignacio Madridejos, President CEMEX USA.

CEMEX is a global building materials company that provides high quality products and reliable service to customers and communities in more than 50 countries. Celebrating its 110th anniversary, CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future.

Ratings Round Up: Yahoo! Inc. (NASDAQ:YHOO)

The shares of Yahoo! Inc. (NASDAQ:YHOO) currently has mean rating of 2.3 while 16 analyst have recommended the shares as ‘BUY’ ,6 recommended as ‘OUTPERFORM’ and 17 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 Yahoo! Inc. (NASDAQ:YHOO) is at $40.94 while the highest price target suggested by the analysts is $49.00 and low price target is $30.00. The mean price target is calculated keeping in view the consensus of 33 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.08B by 23 analysts. The means estimate of sales for the year ending Dec 16 is 4.51B by 26 analysts.

The average estimate of EPS for the current fiscal quarter for Yahoo! Inc. (NASDAQ:YHOO) stands at $0.10 while the EPS for the current year is fixed at $0.50 by 33.00 analysts

The next one year’s EPS estimate is set at 0.58 by 35.00 analysts while a year ago the analysts suggested the company’s EPS at $0.50. The analysts also projected the company’s long-term growth at -0.23% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Yahoo! Inc. (NASDAQ:YHOO) reported earnings of $0.08. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 14.30%. 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.

Yahoo! Inc. (NASDAQ:YHOO) traded up +1.12% during trading on Friday, hitting $37.78 . The stock had a trading volume of 7.7 M shares. The firm has a 50 day moving average of $37.09 and a 200-day moving average of $34.04. The stock has a market cap of $35.86B. On Jun 26, 2015 the shares registered one year high at $40.87 and the one year low was seen on Feb 11, 2016.

On June 20, 2016 Yahoo! Inc. (NASDAQ:YHOO) announced the launch of Yahoo Storytellers, a full service content marketing studio for brands and agencies that leverages Yahoo’s editorial expertise, extensive data, and native advertising through Yahoo Gemini. Now marketers can leverage Yahoo Storytellers to successfully develop, distribute and measure premium branded content that meets consumers’ high expectations and drives engagement.

“Content marketing continues to be an area of growth for brands and agencies, but they need a better way to create compelling content that’s informed by data and reaches the right audience. That’s where Yahoo Storytellers comes in,” said Lisa Utzschneider, Chief Revenue Officer, Yahoo. “At Yahoo we’re focused on bringing our users the best content available online across our news, sports, finance and lifestyle verticals, and now we’re helping our advertisers develop branded content that is even more effective and data-driven.”

Yahoo Storytellers offers advertisers a full suite of capabilities to build successful content marketing strategies, including: content consulting services and curriculum-based workshops, development of premium video and a full range of editorial content, influencer activations across social platforms, and partnership extensions.

Yahoo Storytellers is based on the powerful combination of content, data and technology. With more than 165 billion daily data signals, Yahoo helps brands identify consumer insights and inform what type of content opportunities they should pursue to reach their target audience. Yahoo’s custom content studio produces premium content for brands, by tapping into leading journalists and Hollywood-pedigree creators. Yahoo is partnering with top creators including Believe Entertainment Group, Endemol Shine Beyond, Trium-INE Entertainment and many others. With Yahoo’s full suite of ad formats and technology platforms, especially native advertising through Yahoo Gemini and content platforms like Tumblr, brands can deliver engaging content at scale to the right audience and in the most relevant environment.

“As one of the original digital storytellers, Yahoo’s history in identifying opportunities and creating dynamic stories for brands and audiences alike is extraordinary,” said Bonnie Pan, President, Endemol Shine Beyond, USA. “We are thrilled to leverage our expertise as a global production company in partnership with Yahoo to bring relevant stories to the right audiences across Yahoo’s platform.”

What Analyst’s have to say about NVIDIA (NASDAQ:NVDA)

The shares of NVIDIA Corporation (NASDAQ:NVDA) currently has mean rating of 2.4 while 8 analyst have recommended the shares as ‘BUY’ ,6 recommended as ‘OUTPERFORM’ and 12 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 NVIDIA Corporation (NASDAQ:NVDA) is at $45.98 while the highest price target suggested by the analysts is $58.00 and low price target is $30.00. The mean price target is calculated keeping in view the consensus of 20 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jul 16 is 1.35B by 24 analysts. The means estimate of sales for the year ending Jan 17 is 5.59B by 27 analysts.

The average estimate of EPS for the current fiscal quarter for NVIDIA Corporation (NASDAQ:NVDA) stands at $0.37 while the EPS for the current year is fixed at $1.58 by 20.00 analysts

The next one year’s EPS estimate is set at 1.60 by 21.00 analysts while a year ago the analysts suggested the company’s EPS at $1.58. The analysts also projected the company’s long-term growth at 22.43% for the upcoming five years

In its latest quarter ended on 30 Apr 2016 , NVIDIA Corporation (NASDAQ:NVDA) reported earnings of $0.33. The posted earnings topped the analyst’s consensus by $0.01 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.

NVIDIA Corporation (NASDAQ:NVDA) traded up +2.52% during trading on Friday, hitting $48.54 . The stock had a trading volume of 3.0 M shares. The firm has a 50 day moving average of $43.66 and a 200-day moving average of $35.15. The stock has a market cap of $25.86B and a price-to-earnings ratio of 41.31. On Jun 23, 2016 the shares registered one year high at $48.54 and the one year low was seen on Jul 27, 2015.

On May 10, 2016 ConocoPhillips (NYSE:COP) announced a quarterly dividend of 25 cents per share, payable June 1, 2016, to stockholders of record at the close of business on May 20, 2016.

About ConocoPhillips

ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 21 countries, $20 billion in annualized revenue, $100 billion of total assets, and approximately 15,600 employees as of March 31, 2016. Production, excluding Libya, averaged 1,578 MBOED for the three months ended March 31, 2016, and proved reserves were 8.2 billion BOE as of Dec. 31, 2015. For more information, go to www.conocophillips.com.

Stock Earnings Estimates Under Consideration: U.S. Bancorp (NYSE:USB)

The shares of U.S. Bancorp (NYSE:USB)currently has mean rating of 2.6 while 10 analyst have recommended the shares as ‘BUY’ ,2 recommended as ‘OUTPERFORM’ and 20 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 U.S. Bancorp (NYSE:USB)is at $45.46 while the highest price target suggested by the analysts is $51.00 and low price target is $40.00. 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 5.20B by 23 analysts. The means estimate of sales for the year ending Dec 16 is 20.90B by 26 analysts.

The average estimate of EPS for the current fiscal quarter for U.S. Bancorp (NYSE:USB)stands at $0.81 while the EPS for the current year is fixed at $3.27 by 30.00 analysts

The next one year’s EPS estimate is set at 3.52 by 32.00 analysts while a year ago the analysts suggested the company’s EPS at $3.27. The analysts also projected the company’s long-term growth at 4.87% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , U.S. Bancorp (NYSE:USB)reported earnings of $0.76. The posted earnings missed the analyst’s consensus by $0.00 with the surprise factor of 0.00%. 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.

U.S. Bancorp (NYSE:USB) traded up +2.13% during trading on Friday, hitting $42.24 . The stock had a trading volume of 7.4 M shares. The firm has a 50 day moving average of $41.94 and a 200-day moving average of $41.14. The stock has a market cap of $72.91B and a price-to-earnings ratio of 13.36. On Jul 16, 2015 the shares registered one year high at $46.26 and the one year low was seen on Feb 11, 2016.

On June 23, 2016 Under Consideration: U.S. Bancorp (NYSE:USB) disclosed a summary of its Dodd-Frank Act Stress Test (“DFAST”) results. The disclosure includes the Company’s projected stressed minimum and end-of-period capital ratios for the period from the first quarter of 2016 through the first quarter of 2018. The projections assume annual common stock dividends equal to the quarterly average dollar amount of common stock dividends that the Company paid in the previous year and no redemption or repurchase of any capital instrument, in addition to estimates of losses, revenues, net income before taxes and loan losses by type of loan over the same time period. The projections were made under the “supervisory severely adverse scenario” defined by the Federal Reserve. This hypothetical stressed economic scenario is designed to assess the overall strength and resilience of the banking industry and does not necessarily represent future economic conditions expected by the Company.

A summary of the Company’s DFAST results are included in the table below. The Company’s DFAST results may differ from those calculated and published by the Federal Reserve due to differences in models, methodologies and tax rate, among other things. A document summarizing the risks and methodologies used to calculate the results, as well as an analysis of the significant reasons for the changes in capital ratios under the hypothetical stressed economic scenario is available on the Company’s website. The results can be found at: http://phx.corporate-ir.net/phoenix.zhtml?c=117565&p=irol-doddfrank

Earnings Estimates Under Spotlight: Procter & Gamble Co (NYSE:PG)

The shares of Procter & Gamble Co (NYSE:PG)currently has mean rating of 2.4 while 5 analyst have recommended the shares as ‘BUY’ ,6 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 Procter & Gamble Co (NYSE:PG)is at $85.30 while the highest price target suggested by the analysts is $95.00 and low price target is $74.00. The mean price target is calculated keeping in view the consensus of 20 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 15.84B by 18 analysts. The means estimate of sales for the year ending Jun 16 is 65.07B by 22 analysts.

The average estimate of EPS for the current fiscal quarter for Procter & Gamble Co (NYSE:PG)stands at $0.74 while the EPS for the current year is fixed at $3.64 by 21.00 analysts

The next one year’s EPS estimate is set at 3.97 by 24.00 analysts while a year ago the analysts suggested the company’s EPS at $3.64. The analysts also projected the company’s long-term growth at 6.13% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Procter & Gamble Co (NYSE:PG)reported earnings of $0.86. The posted earnings topped the analyst’s consensus by $0.04 with the surprise factor of 4.90%. 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.

Procter & Gamble Co (NYSE:PG) traded up +0.77% during trading on Friday, hitting $84.21 . The stock had a trading volume of 7.4 M shares. The firm has a 50 day moving average of $81.99 and a 200-day moving average of $80.98. The stock has a market cap of $224.15B and a price-to-earnings ratio of 26.54. On Jun 23, 2016 the shares registered one year high at $84.21 and the one year low was seen on Aug 24, 2015.

On June 16, 2016 Procter & Gamble Co (NYSE:PG) Van Tran from Brooklyn, NY was named the winner of the 12th Annual Toilet Paper Wedding Dress Contest presented by Cheap Chic Weddings and Charmin at design showcase.

Earlier, 10 finalists showcased their work at the contest’s finale event held at Haven Rooftop at The Sanctuary Hotel. Contestants crafted dresses out of nothing more than Charmin toilet paper, tape, glue and/or needle and thread, and this year, more than 1,500 entrants were up to the challenge. Members from Cheap Chic Weddings, Charmin, Edward Meyer of Ripley’s Believe it or Not, The Sanctuary’s Hank Freid and Michael Russo, event planner to the stars and member of OK! TV entertaining team, served as judges for this year’s contest. All were in attendance to help select the winning designs.

“All of the dresses deserve to be worn by a bride on her wedding day,” says Michael Russo. “Every single beautiful creation, with the incredible level of detail and the uniqueness of the design, is showroom and runway ready.”

Cheap-Chic-Weddings.com, an online company specializing in fiscally savvy tips for a fabulous wedding, launched the annual contest based on the popular bridal shower game. As the contest has gained notoriety, so has the level of competition.

“Even after 12 years, our designers still manage to challenge our expectations,” says Laura Gawne, co-founder of Cheap Chic Weddings. “They genuinely surprise us and make choosing a winner more and more difficult,” added co-founder Susan Bain.

Earnings Estimates Under Spotlight: Host Hotels and Resorts Inc (NYSE:HST)

The shares of Host Hotels and Resorts Inc (NYSE:HST)currently has mean rating of 2.5 while 4 analyst have recommended the shares as ‘BUY’ ,4 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 Host Hotels and Resorts Inc (NYSE:HST)is at $16.64 while the highest price target suggested by the analysts is $19.00 and low price target is $11.50. The mean price target is calculated keeping in view the consensus of 18 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.47B by 16 analysts. The means estimate of sales for the year ending Dec 16 is 5.46B by 17 analysts.

The average estimate of EPS for the current fiscal quarter for Host Hotels and Resorts Inc (NYSE:HST)stands at $0.50 while the EPS for the current year is fixed at $1.68 by 18.00 analysts

The next one year’s EPS estimate is set at 1.72 by 19.00 analysts while a year ago the analysts suggested the company’s EPS at $1.68. The analysts also projected the company’s long-term growth at 5.10% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Host Hotels and Resorts Inc (NYSE:HST)reported earnings of $0.41. The posted earnings topped the analyst’s consensus by $0.03 with the surprise factor of 7.90%. 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.

Host Hotels and Resorts Inc (NYSE:HST) traded up +0.89% during trading on Friday, hitting $17.12 . The stock had a trading volume of 7.3 M shares. The firm has a 50 day moving average of $15.74 and a 200-day moving average of $15.44. The stock has a market cap of $12.67B and a price-to-earnings ratio of 19.94. On Jul 16, 2015 the shares registered one year high at $21.40 and the one year low was seen on Jan 20, 2016.

On June 16, 2016 Host Hotels and Resorts Inc (NYSE:HST) will report financial results for the second quarter 2016 prior to market open on Friday, July 29, followed by a conference call at 10:00 a.m. Eastern Time (ET). Management will discuss the Company’s second quarter 2016 results and its business outlook for 2016.

Interested individuals are invited to listen to the call via telephone at (719) 457-1513.  It is recommended that participants call 10 minutes ahead of the scheduled start time to ensure proper connection.  A simultaneous webcast of the call will be available on the Company’s website at www.hosthotels.com. A replay of the call will be available Friday, July 29 at 1:00 p.m. ET until Friday, August 5, 2016 at 1:00 p.m. ET via telephone at (888) 203-1112, passcode number 1715410, or via webcast on the Company’s website through August 29, 2016.

Today’s Stock in Focus: Goldcorp (NYSE:GG)

The shares of Goldcorp Inc. (USA) (NYSE:GG)currently has mean rating of 2.7 while 8 analyst have recommended the shares as ‘BUY’ ,1 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 Goldcorp Inc. (USA) (NYSE:GG)is at $19.18 while the highest price target suggested by the analysts is $24.00 and low price target is $12.50. The mean price target is calculated keeping in view the consensus of 20 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 882.55M by 5 analysts. The means estimate of sales for the year ending Dec 16 is 3.89B by 17 analysts.

The average estimate of EPS for the current fiscal quarter for Goldcorp Inc. (USA) (NYSE:GG)stands at $0.04 while the EPS for the current year is fixed at $0.31 by 13.00 analysts

The next one year’s EPS estimate is set at 0.47 by 19.00 analysts while a year ago the analysts suggested the company’s EPS at $0.31. The analysts also projected the company’s long-term growth at -26.58% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Goldcorp Inc. (USA) (NYSE:GG)reported earnings of $0.09. The posted earnings topped the analyst’s consensus by $0.05 with the surprise factor of 125.00%. 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.

Goldcorp Inc. (USA) (NYSE:GG) traded down -2.49% during trading on Friday, hitting $18.01 . The stock had a trading volume of 7.1 M shares. The firm has a 50 day moving average of $17.80 and a 200-day moving average of $15.22. The stock has a market cap of $14.64B. On May 2, 2016 the shares registered one year high at $20.24 and the one year low was seen on Jan 21, 2016.

On June 20, 2016 Goldcorp Inc. (USA) (NYSE:GG) announces that it has entered into an agreement to acquire 10,884,880 common shares (“Shares”) of Independence Gold Corp. (“Independence Gold”) at a price of C$0.1333 per share for an aggregate purchase price of C$1,450,954.50 (the “Private Placement”).

The 10,884,880 Shares represent approximately 19.9% of the current issued and outstanding Shares of Independence Gold.

The Shares trade on the TSX Venture Exchange under the symbol “IGO”. The Shares will be issued from treasury pursuant to a donation arrangement private placement. Prior to the completion of the Private Placement, Goldcorp did not hold any Shares of Independence Gold. Following the completion of the Private Placement, Goldcorp will own 10,884,880 Shares representing approximately 19.9% of the issued and outstanding Shares of Independence Gold. The Shares are being acquired for investment purposes. Goldcorp will evaluate its investment in Independence Gold from time to time and may, based on such evaluation of market conditions and other circumstances, increase or decrease shareholdings as circumstances require.

This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. An early warning report respecting the Private Placement will be filed on System for Electronic Document Analysis and Review at www.sedar.com under Independence Gold’s issuer profile. In order to obtain a copy of the early warning report, please contact Randall Chatwin , Assistant General Counsel at Goldcorp, at telephone number: 604-696-3000.

Ratings Round Up: Western Digital Corp (NASDAQ:WDC)

The shares of Western Digital Corp (NASDAQ:WDC)currently has mean rating of 2.1 while 13 analyst have recommended the shares as ‘BUY’ ,9 recommended as ‘OUTPERFORM’ and 10 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 Western Digital Corp (NASDAQ:WDC)is at $58.79 while the highest price target suggested by the analysts is $97.00 and low price target is $32.00. The mean price target is calculated keeping in view the consensus of 26 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 3.41B by 25 analysts. The means estimate of sales for the year ending Jun 16 is 12.90B by 26 analysts.

The average estimate of EPS for the current fiscal quarter for Western Digital Corp (NASDAQ:WDC)stands at $0.68 while the EPS for the current year is fixed at $4.95 by 27.00 analysts

The next one year’s EPS estimate is set at 4.28 by 29.00 analysts while a year ago the analysts suggested the company’s EPS at $4.95. The analysts also projected the company’s long-term growth at -1.00% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Western Digital Corp (NASDAQ:WDC)reported earnings of $1.21. The posted earnings missed the analyst’s consensus by $-0.07 with the surprise factor of -5.50%. 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.

Western Digital Corp (NASDAQ:WDC) traded up +5.09% during trading on Friday, hitting $51.27 . The stock had a trading volume of 7.1 M shares. The firm has a 50 day moving average of $43.55 and a 200-day moving average of $47.43. The stock has a market cap of $11.84B and a price-to-earnings ratio of 14.35. On Jul 30, 2015 the shares registered one year high at $88.46 and the one year low was seen on May 16, 2016.

On June 23, 2016 Western Digital Corp (NASDAQ:WDC) announced two new virtualization solutions designed to significantly improve virtual machine performance and density in VMware® vSphere® environments. These include the availability of the new FlashSoft® 4 software for VMware vSphere 6, and the introduction of the Flash Virtualization® System, a new flash-based hardware and software solution. FlashSoft 4 leverages a Western Digital and VMware VAIO co-design partnership for vSphere 6.

“The two-year co-design between Western Digital and VMware has helped to advance storage solutions for VMware customers,” said Ravi Swaminathan, vice president and general manager of the Data Center Solutions Business Unit at Western Digital Corporation. “These new product innovations resulted from the deep ongoing engagement between our companies and are expected to greatly enhance virtual machine performance. We look forward to expanding possibilities of the new architecture to continue delivering high-value solutions for our customers.”

FlashSoft 4 software is based on an architecture that uses the new VMware vSphere APIs for IO Filtering (VAIO), providing the highest level of usability and performance1 with vSphere 6. FlashSoft 4 is the first host-based caching software to achieve VMware Ready™ certification for guaranteed compatibility, reliability and support. It also introduces support for VMware-supported datastores, virtual disk acceleration, improved performance and stability, and integrated management through the vSphere web client GUI.

The new Flash Virtualization System builds on the benefits of the latest FlashSoft software by pairing it with SanDisk ION Accelerator™ software and Fusion ioMemory™ PCIe solid-state accelerators in a flash-provisioned server capable of delivering over a million IOPS2 to accelerate storage I/O across the VMware environment. Without disrupting current server and storage infrastructure, the easy-to-deploy solution offers cluster-wide flash acceleration in existing VMware environments. The cost-effective solution also enables customers to get more performance and efficiency from existing storage and compute infrastructure, resulting in significant hardware and software savings.

“The VAIO framework represents the next generation of integration for third party data services integration in vSphere environments, enabling leading software solutions providers to align with VMware’s vision for the software defined data center,” said Yanbing Li, senior vice president and general manager, Storage and availability Business Unit, VMware. “Western Digital’s support as a design partner for VAIO and the introduction of their new FlashSoft software illustrates the important role that our partners play in delivering on the promise of the software-defined data center.”

“The FlashSoft 4 software for vSphere 6 using the VAIO API is in-line with Dell’s vision for the software-defined data center. Using server-tier flash technology with FlashSoft host-based caching software is an innovative and cost-effective way to increase application performance in virtual environments,” said Ravi Pendekanti, vice president, Server Platform Development, Dell Inc. “We are excited to see VMware’s support for host-based caching through the VAIO program, and VMware Ready certification will give customers the confidence to broadly adopt and deploy this innovative solution.”

Earnings Estimates Under Spotlight: MannKind Corporation (NASDAQ:MNKD)

The shares of MannKind Corporation (NASDAQ:MNKD) currently has mean rating of 3.8 while 0 analyst have recommended the shares as ‘BUY’ ,1 recommended as ‘OUTPERFORM’ and 1 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 MannKind Corporation (NASDAQ:MNKD) is at $0.15 while the highest price target suggested by the analysts is $0.20 and low price target is $0.10. The mean price target is calculated keeping in view the consensus of 2 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 30.00K by 4 analysts. The means estimate of sales for the year ending Dec 16 is 3.78M by 4 analysts.

The average estimate of EPS for the current fiscal quarter for MannKind Corporation (NASDAQ:MNKD) stands at $-0.06 while the EPS for the current year is fixed at $-0.24 by 3.00 analysts

The next one year’s EPS estimate is set at -0.25 by 3.00 analysts while a year ago the analysts suggested the company’s EPS at $-0.24. The analysts also projected the company’s long-term growth at 26.80% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , MannKind Corporation (NASDAQ:MNKD) reported earnings of $-0.06. The posted earnings missed the analyst’s consensus by $-0.02 with the surprise factor of -50.00%. 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.

MannKind Corporation (NASDAQ:MNKD) traded up +5.08% during trading on Friday, hitting $1.24 . The stock had a trading volume of 7.0 M shares. The firm has a 50 day moving average of $1.03 and a 200-day moving average of $1.24. The stock has a market cap of $532.16M. On Jun 26, 2015 the shares registered one year high at $5.89 and the one year low was seen on Jan 6, 2016.

On June 12, 2016 MannKind Corporation (NASDAQ:MNKD) announced results of two late-breaking posters and four additional analyses of Afrezza® (insulin human) Inhalation Powder, including three posters demonstrating a faster onset of action and a shorter duration than rapid-acting  insulin analogs in patients with diabetes mellitus. These data were presented at the American Diabetes Association’s 76th Scientific Sessions (ADA). Afrezza, approved by the FDA in 2014 to improve glycemic control in adult patients with type 1 and type 2 diabetes mellitus, is the only inhaled insulin product available in the U.S.

A randomized, controlled, six-treatment, crossover dose-response study (Poster #100-LB) comparing Afrezza to the rapid-acting insulin analog, Lispro, in 30 patients with type 1 diabetes was presented as a late-breaking poster. Results for doses matched to provide the same GIR-AUC (activity parameter) demonstrated:

  • Onset of action within 16 to 21 minutes for Afrezza compared to 45 to 52 minutes for subcutaneous insulin across studies
  • Afrezza’s duration of action at clinically relevant doses was consistently shorter by 2 to 3 hours
  • Afrezza’s labeled dose overestimates its effect reinforcing the need for appropriate dose titration

Similar results were presented in Poster# 975-P and in a separate meta-analysis of three open-label clamp trials (Poster #931-P) comparing the onset of action of Afrezza with that of subcutaneous Lispro or regular human insulin, which showed onset of action (time to 10% GIR-AUC 0-240) with Afrezza was faster at 25 to 34 minutes compared to 53 to 60 minutes with Lispro.

These data highlight the faster onset of action of Afrezza compared with subcutaneous insulins is relevant for optimal dosing, and supports Afrezza’s use for rapidly controlling elevated glucose levels.

Many people with type 1 diabetes and progressed type 2 diabetes inject rapid-acting insulin analogs to address rising blood sugar levels caused by food.i Hypoglycemia, a dangerous condition that occurs when blood sugar levels drop too low, can be a concern when the effects of rapid-acting insulin analogs extend past mealtime and food absorption. Insulin-related hypoglycemia resulted in nearly 100,000 hospital visits per year in the U.S. between 2007 and 2011, with a cost of $600 million during that five-year period.ii

“When administering an inhaled rapid-acting insulin or an injectable rapid-acting insulin analog, it is critical to strike the balance of providing prandial glucose control while minimizing the risk for post-prandial hypoglycemic events,” said Raymond W. Urbanski, MD, PhD, Chief Medical Officer of MannKind. “These data show Afrezza begins to work in the body more rapidly and leaves the bloodstream more quickly than an injectable rapid-acting insulin analog, which could translate into more flexibility in the timing of administration and a lower potential for hypoglycemic episodes following meals.”

Additional data presented in Poster #100-LB shed light on the dosing of Afrezza relative to subcutaneous rapid-acting insulin. Though no single conversion factor could fully describe the effect, it was noted that the faster response and shorter duration were maintained across matched dosing. As a result, investigators on the late-breaking study reinforced the importance of dose titration for each patient. Based on pharmacokinetic and pharmacodynamic data, it was observed that a 4 unit Afrezza cartridge provides approximately the same insulin exposure as 3.1 IU Lispro.

“There can be significant variability in the way individuals respond to any insulin treatment, often resulting in difficulty with dose selection or a perceived lack of response,” said Tim Heise, MD, of the Profil Institute for Clinical Research in Germany and a study investigator. “The findings presented at ADA are important in helping physicians understanding how to dose and titrate Afrezza in order to maintain optimal insulin response and glucose control.”

Analyst’s Review to Watch: Annaly Capital Management (NYSE:NLY)

The shares of Annaly Capital Management, Inc. (NYSE:NLY)currently has mean rating of 2.9 while 3 analyst have recommended the shares as ‘BUY’ ,1 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 Annaly Capital Management, Inc. (NYSE:NLY)is at $10.98 while the highest price target suggested by the analysts is $13.00 and low price target is $8.00. The mean price target is calculated keeping in view the consensus of 13 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 278.03M by 5 analysts. The means estimate of sales for the year ending Dec 16 is 982.38M by 4 analysts.

The average estimate of EPS for the current fiscal quarter for Annaly Capital Management, Inc. (NYSE:NLY)stands at $0.30 while the EPS for the current year is fixed at $1.17 by 13.00 analysts

The next one year’s EPS estimate is set at 1.14 by 13.00 analysts while a year ago the analysts suggested the company’s EPS at $1.17. The analysts also projected the company’s long-term growth at -7.46% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Annaly Capital Management, Inc. (NYSE:NLY)reported earnings of $0.30. The posted earnings missed the analyst’s consensus by $0.00 with the surprise factor of 0.00%. 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.

Annaly Capital Management, Inc. (NYSE:NLY) traded up +0.75% during trading on Friday, hitting $10.80 . The stock had a trading volume of 7.0 M shares. The firm has a 50 day moving average of $10.78 and a 200-day moving average of $10.10. The stock has a market cap of $9.95B and a price-to-earnings ratio of 10760.00. On May 13, 2016 the shares registered one year high at $11.13 and the one year low was seen on Jan 20, 2016.

On June 16, 2016 Annaly Capital Management, Inc. (NYSE:NLY) declared the second quarter 2016 common stock cash dividend of $0.30 per common share. This dividend is payable July 29, 2016, to common shareholders of record on June 30, 2016. The ex-dividend date is June 28, 2016.

Dividends may be reinvested through the Company’s Dividend Reinvestment and Share Purchase Plan. Plan information may be obtained from the Plan Administrator, Computershare at 1-800-301-5234, at www.annaly.com, or by contacting the Company.

Annaly’s principal business objectives are to generate net income for distribution to its shareholders from its investments and capital preservation. Annaly is a Maryland corporation that has elected to be taxed as a real estate investment trust (“REIT”). Annaly is managed and advised by Annaly Management Company LLC.