Ratings Round Up: Coca-Cola European Partners PLC (NYSE:CCE)

The shares of Coca-Cola European Partners PLC (NYSE:CCE)currently has mean rating of 2.5 while 4 analyst have recommended the shares as ‘BUY’ ,2 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 Coca-Cola European Partners PLC (NYSE:CCE)is at $46.49 while the highest price target suggested by the analysts is $60.00 and low price target is $36.66. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 3.43B by 4 analysts. The means estimate of sales for the year ending Dec 16 is 12.35B by 6 analysts.

The average estimate of EPS for the current fiscal quarter for Coca-Cola European Partners PLC (NYSE:CCE)stands at $0.77 while the EPS for the current year is fixed at $2.27 by 5.00 analysts

The next one year’s EPS estimate is set at 2.55 by 8.00 analysts while a year ago the analysts suggested the company’s EPS at $2.27. The analysts also projected the company’s long-term growth at 10.50% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Coca-Cola European Partners PLC (NYSE:CCE)reported earnings of $0.41. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 2.50%. 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.

Coca-Cola European Partners PLC (NYSE:CCE) traded up +0.86% during trading on Friday, hitting $38.00 . The stock had a trading volume of 6.3 M shares. The firm has a 50 day moving average of $45.15 and a 200-day moving average of $48.36. The stock has a market cap of $18.38B and a price-to-earnings ratio of 26.16. On Apr 14, 2016 the shares registered one year high at $54.54 and the one year low was seen on Jun 16, 2016.

Coca-Cola European Partners Plc produces, distributes, and markets a range of nonalcoholic ready-to-drink beverages. It serves consumers across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain, and Sweden. The company was incorporated in 2015 and is headquartered in Uxbridge, United Kingdom. Coca-Cola European Partners Plc operates as a subsidiary of The Coca-Cola Company.

Analysts Ratings on Corning (NYSE:GLW)

The shares of Corning Incorporated (NYSE:GLW)currently has mean rating of 2.6 while 4 analyst have recommended the shares as ‘BUY’ ,3 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 Corning Incorporated (NYSE:GLW)is at $20.73 while the highest price target suggested by the analysts is $27.00 and low price target is $14.50. The mean price target is calculated keeping in view the consensus of 15 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 2.39B by 12 analysts. The means estimate of sales for the year ending Dec 16 is 9.68B by 16 analysts.

The average estimate of EPS for the current fiscal quarter for Corning Incorporated (NYSE:GLW)stands at $0.33 while the EPS for the current year is fixed at $1.36 by 16.00 analysts

The next one year’s EPS estimate is set at 1.57 by 20.00 analysts while a year ago the analysts suggested the company’s EPS at $1.36. The analysts also projected the company’s long-term growth at 13.30% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Corning Incorporated (NYSE:GLW)reported earnings of $0.28. 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.

Corning Incorporated (NYSE:GLW) traded up +1.17% during trading on Friday, hitting $20.90 . The stock had a trading volume of 6.3 M shares. The firm has a 50 day moving average of $19.89 and a 200-day moving average of $19.14. The stock has a market cap of $22.36B and a price-to-earnings ratio of 52.50. On Jun 7, 2016 the shares registered one year high at $21.30 and the one year low was seen on Aug 24, 2015.

On June 6, 2016 Corning Incorporated (NYSE:GLW) announced that it has successfully completed its tender offer for all of the outstanding shares of the common stock and related rights of Alliance Fiber Optic Products, Inc. (AFOP) for $18.50 per share. As of the tender offer expiration on June 3, 2016, approximately 12.3 million shares of AFOP common stock were validly tendered and not properly withdrawn from the tender offer, representing 77% of the total number of outstanding common stock of AFOP on a fully diluted basis. All of such shares have been accepted for payment in accordance with the terms of the tender offer.

Corning expects to complete the acquisition of AFOP later through a merger of Apricot Merger Company, a wholly owned subsidiary of Corning, with and into AFOP. Upon completion of the merger, all outstanding shares of common stock of AFOP, other than shares held by AFOP in treasury or shares held by AFOP`s stockholders who are entitled to and properly exercise appraisal rights under Delaware law, will be canceled and converted into the right to receive cash equal to the $18.50 offer price per share without interest, less any applicable withholding taxes.

As a result, upon completion of the merger, AFOP will become a wholly owned subsidiary of Corning and the common stock of AFOP will cease to be traded on the Nasdaq Stock Market.

Corning plans to integrate AFOP into its Optical Communications business segment. AFOP designs and manufactures high-performance passive optical components. These products are used by cloud data center operators and leading data communications and telecommunications original equipment manufacturers (OEMs).

“Corning continues to experience strong growth at the edge of the network, specifically in data center and fiber-to-the-home (FTTH) applications, and AFOP bolsters our presence in these growing markets,” said Clark S. Kinlin, executive vice president, Corning Optical Communications. “In addition, this acquisition accelerates our co-innovation strategy by adding new optical component and development capability to our global scale operations and technology platforms, strengthening our ability to deliver high-value optical solutions for network operators worldwide.”

Stock Earnings Estimates Under Consideration: Deutsche Bank AG (USA) (NYSE:DB)

The shares of Deutsche Bank AG (USA) (NYSE:DB)currently has mean rating of 3.0 while 0 analyst have recommended the shares as ‘BUY’ ,0 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 Deutsche Bank AG (USA) (NYSE:DB)is at $19.60 while the highest price target suggested by the analysts is $19.60 and low price target is $19.60. The mean price target is calculated keeping in view the consensus of 1 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 7.65B by 1 analysts. The means estimate of sales for the year ending Dec 16 is 30.85B by 19 analysts.

The average estimate of EPS for the current fiscal quarter for Deutsche Bank AG (USA) (NYSE:DB)stands at $0.45 while the EPS for the current year is fixed at $0.92 by 1.00 analysts

The next one year’s EPS estimate is set at 2.02 by 23.00 analysts while a year ago the analysts suggested the company’s EPS at $0.92. The analysts also projected the company’s long-term growth at -6.11% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Deutsche Bank AG (USA) (NYSE:DB)reported earnings of $0.49. The posted earnings topped the analyst’s consensus by $0.09 with the surprise factor of 22.50%. 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.

Deutsche Bank AG (USA) (NYSE:DB) traded up +5.75% during trading on Friday, hitting $17.86 . The stock had a trading volume of 6.3 M shares. The firm has a 50 day moving average of $16.73 and a 200-day moving average of $18.72. The stock has a market cap of $24.39B. On Jul 31, 2015 the shares registered one year high at $35.38 and the one year low was seen on Jun 16, 2016.

On June 23, 2016 Deutsche Bank AG (USA) (NYSE:DB) announced its appointment as sponsored depositary bank for the non-capital raising Level I American Depositary Receipt (ADR) program of Dixons Carphone plc (“Dixons Carphone”).

Dixons Carphone is a leading specialist electrical and telecommunications retailer and services company in Europe. Dixons Carphone employs over 42,000 people in eleven countries with more than 2,200 stores across Europe*

“We are delighted to act as depositary bank for Dixons Carphone plc’s Level 1 ADR program,” said Jose Sicilia, Head of Depositary Receipts, Issuer Services. “Deutsche Bank’s broad range of customized services will help to enhance the visibility of Dixons Carphone plc’s ADR program.”

Deutsche Bank’s Depositary Receipts team is part of the Issuer Services business within the bank’s Global Securities Services (GSS) unit. In addition to specializing in administering cross-border equity structures such as American and global depositary receipts, Issuer Services provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. The Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

*Source: Dixons Carphone plc (June 2016)

Deutsche Bank is a leading client-centric global universal bank serving 28 million clients worldwide. Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

Today’s Hot Buzz: Noble Corporation Ordinary Shares (UK) (NYSE:NE)

The shares of Noble Corporation Ordinary Shares (UK) (NYSE:NE)currently has mean rating of 3.2 while 7 analyst have recommended the shares as ‘BUY’ ,1 recommended as ‘OUTPERFORM’ and 16 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 Noble Corporation Ordinary Shares (UK) (NYSE:NE)is at $9.20 while the highest price target suggested by the analysts is $20.00 and low price target is $2.00. 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 550.67M by 25 analysts. The means estimate of sales for the year ending Dec 16 is 2.16B by 34 analysts.

The average estimate of EPS for the current fiscal quarter for Noble Corporation Ordinary Shares (UK) (NYSE:NE)stands at $0.19 while the EPS for the current year is fixed at $0.54 by 31.00 analysts

The next one year’s EPS estimate is set at -0.70 by 36.00 analysts while a year ago the analysts suggested the company’s EPS at $0.54. The analysts also projected the company’s long-term growth at -58.85% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Noble Corporation Ordinary Shares (UK) (NYSE:NE)reported earnings of $0.31. The posted earnings missed the analyst’s consensus by $-0.02 with the surprise factor of -6.10%. 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.

Noble Corporation Ordinary Shares (UK) (NYSE:NE) traded up +3.81% during trading on Friday, hitting $9.58 . The stock had a trading volume of 6.1 M shares. The firm has a 50 day moving average of $8.97 and a 200-day moving average of $9.63. The stock has a market cap of $2.32B and a price-to-earnings ratio of 5.42. On Jun 29, 2015 the shares registered one year high at $15.52 and the one year low was seen on Feb 11, 2016.

On June 22, 2016 Noble Corporation Ordinary Shares (UK) (NYSE:NE) announced that it has now received the full settlement value of $540 million from Freeport-McMoRan (Freeport) pursuant to the previously announced settlement and termination agreement between Noble, Freeport and Freeport’s oil and gas subsidiary. Noble received $540 million in cash through the receipt of Freeport shares, which were immediately resold by Noble under a previously disclosed distribution agreement.

With the settlement value collected, Noble’s cash and cash equivalents balance is approximately $865 million at June 22, 2016. The Company’s available revolver capacity remains undrawn at $2.445 billion, resulting in a present liquidity position of approximately $3.3 billion, before a final payment of an estimated $410 million is made for the delivery of the high-specification jackup Noble Lloyd Noble. The payment is expected to be made in July 2016.

In addition to the $540 million, Noble can receive additional contingent payments from Freeport of $25 million and $50 million depending upon the average price of West Texas Intermediate crude oil over a twelve-month period beginning June 30, 2016.

The contracts for both the Noble Sam Croft and Noble Tom Madden were terminated on May 10, 2016. Both rigs are in the process of being warm stacked while contract opportunities are evaluated. While warm stacked, operating costs are expected to decline by an estimated $100,000 a day for each rig.

For the second quarter of 2016, Noble expects to recognize revenues associated with these two rigs of approximately $431 million, which includes a $348 million termination fee, $52 million related to second quarter operations through the date of termination and $31 million for the accelerated recognition of other deferred contractual items. The remaining proceeds from the settlement will be applied to outstanding accounts receivable, mainly from the first quarter. Second quarter contract drilling services costs will include the accelerated recognition of deferred mobilization and other expenses of approximately $11 million, as well as normal rig operating expenses for these two rigs.

Analysts Ratings on LendingClub (NYSE:LC)

The shares of LendingClub Corp (NYSE:LC)currently has mean rating of 3.1 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 LendingClub Corp (NYSE:LC)is at $8.18 while the highest price target suggested by the analysts is $23.30 and low price target is $3.00. The mean price target is calculated keeping in view the consensus of 15 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 141.17M by 12 analysts. The means estimate of sales for the year ending Dec 16 is 602.57M by 15 analysts.

The average estimate of EPS for the current fiscal quarter for LendingClub Corp (NYSE:LC)stands at $0.02 while the EPS for the current year is fixed at $0.15 by 15.00 analysts

The next one year’s EPS estimate is set at 0.27 by 15.00 analysts while a year ago the analysts suggested the company’s EPS at $0.15. The analysts also projected the company’s long-term growth at 54.09% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , LendingClub Corp (NYSE:LC)reported earnings of $0.05. 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.

LendingClub Corp (NYSE:LC) traded up +0.723% during trading on Friday, hitting $4.970 . The stock had a trading volume of 5.7 M shares. The firm has a 50 day moving average of $4.638 and a 200-day moving average of $7.837. The stock has a market cap of $1.86B and a price-to-earnings ratio of 325.000. On Jun 26, 2015 the shares registered one year high at $16.06 and the one year low was seen on May 17, 2016.

LendingClub Corporation, together with its subsidiaries, operates as an online marketplace that connects borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans. The company also offers investors an opportunity to invest in a range of loans based on term and credit characteristics. It serves investors, such as retail investors, high-net-worth individuals and family offices, banks and finance companies, insurance companies, hedge funds, foundations, pension plans, and university endowments. LendingClub Corporation was founded in 2006 and is headquartered in San Francisco, California.

What Analyst’s have to say about MGIC Investment Corp. (NYSE:MTG)

The shares of MGIC Investment Corp. (NYSE:MTG)currently has mean rating of 2.2 while 7 analyst have recommended the shares as ‘BUY’ ,3 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 MGIC Investment Corp. (NYSE:MTG)is at $9.33 while the highest price target suggested by the analysts is $12.00 and low price target is $7.50. The mean price target is calculated keeping in view the consensus of 12 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 255.14M by 10 analysts. The means estimate of sales for the year ending Dec 16 is 1.03B by 10 analysts.

The average estimate of EPS for the current fiscal quarter for MGIC Investment Corp. (NYSE:MTG)stands at $0.20 while the EPS for the current year is fixed at $0.79 by 14.00 analysts

The next one year’s EPS estimate is set at 0.97 by 14.00 analysts while a year ago the analysts suggested the company’s EPS at $0.79. The analysts also projected the company’s long-term growth at 5.14% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , MGIC Investment Corp. (NYSE:MTG)reported earnings of $0.18. The posted earnings missed the analyst’s consensus by $-0.04 with the surprise factor of -18.20%. 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.

MGIC Investment Corp. (NYSE:MTG) traded up +2.43% during trading on Friday, hitting $6.38 . The stock had a trading volume of 6.0 M shares. The firm has a 50 day moving average of $6.58 and a 200-day moving average of $7.30. The stock has a market cap of $2.16B and a price-to-earnings ratio of 2.55. On Jul 15, 2015 the shares registered one year high at $11.72 and the one year low was seen on Jan 25, 2016.

On June 23, 2016 MGIC Investment Corp. (NYSE:MTG) is expanding its capacity to provide customers with innovative mortgage technology solutions and increasing the company’s role in the mortgage finance market.

MGIC’s customers continue to seek innovative technology based solutions that will increase their efficiency, quality, profitability and transparency with consumers when underwriting low down-payment mortgages. To ensure that MGIC continues to support these efforts and is capable of providing industry leading integrations, the company has promoted Leslie Malicki-Berth to Business Partner Relationship Manager. In her new role, Ms. Malicki-Berth will work with MGIC’s customers and mortgage industry technology providers such as loan origination systems, product and pricing engines, and servicing platforms to facilitate seamless integrations that aid lenders and servicers in providing transparency in mortgage insurance pricing, underwriting and servicing while simultaneously achieving their technology related goals.

Ms. Malicki-Berth has more than 25 years of experience in information technology, including 15 years on both the technology and business side of MGIC’s operations with continuous involvement with technology partner integrations. This combined technical skill set, business acumen, and familiarity with mortgage industry partners and integrations makes her uniquely qualified for her new position.

“Our customers consistently communicate to us that they prefer to interact with their mortgage insurance providers from within their preferred mortgage technology systems and platforms,” explains Sal Miosi, MGIC’s Senior Vice President – Business Strategy & Operations. “Leslie and her team will focus on building and maintaining these next generation integrations with an eye toward providing our customers with the best-in-class service they have come to expect from MGIC since 1957.”

While continually increasing its ability to meet current customer needs, MGIC is also leveraging its core competency of credit risk management and its market position to pursue new business opportunities that will allow private capital to play a larger role in the future of mortgage finance. These efforts not only complement its existing mortgage insurance business by preserving and expanding the role of private mortgage insurance in the mortgage finance industry, but also could reduce the amount credit risk taken by the Fannie Mae, Freddie Mac and the Federal Housing Administration that is ultimately backstopped by taxpayers. To that end, MGIC has hired Garrett Hartzog as Director – Product Development.

Mr. Hartzog comes to MGIC from the Federal Housing Finance Agency (FHFA) where he served as Senior Policy Analyst. While with the FHFA, Mr. Hartzog was the primary point of contact for matters relating to mortgage insurance. In addition to his time at FHFA, Mr. Hartzog has 12 years of broad based experience in mortgage banking and mortgage insurance.

“Garrett’s background and understanding of the mortgage lending and insurance business will be a valuable addition as we pursue new business opportunities that will allow private capital to play a larger role in mortgage finance,” continues Mr. Miosi. “He bolsters our capacity to strategically engage customers to mutual opportunities that address the evolving needs for mortgage credit enhancement.”

Earnings Estimates Under Spotlight: General Motors Company (NYSE:GM)

The shares of General Motors Company (NYSE:GM)currently has mean rating of 2.3 while 7 analyst have recommended the shares as ‘BUY’ ,3 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 General Motors Company (NYSE:GM)is at $38.29 while the highest price target suggested by the analysts is $50.00 and low price target is $29.00. The mean price target is calculated keeping in view the consensus of 17 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 38.59B by 7 analysts. The means estimate of sales for the year ending Dec 16 is 155.24B by 8 analysts.

The average estimate of EPS for the current fiscal quarter for General Motors Company (NYSE:GM)stands at $1.50 while the EPS for the current year is fixed at $5.68 by 16.00 analysts

The next one year’s EPS estimate is set at 5.89 by 18.00 analysts while a year ago the analysts suggested the company’s EPS at $5.68. The analysts also projected the company’s long-term growth at 14.07% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , General Motors Company (NYSE:GM)reported earnings of $1.26. The posted earnings topped the analyst’s consensus by $0.26 with the surprise factor of 26.00%. 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.

General Motors Company (NYSE:GM) traded up +1.71% during trading on Friday, hitting $29.85 . The stock had a trading volume of 9.6 M shares. The firm has a 50 day moving average of $30.26 and a 200-day moving average of $30.89. The stock has a market cap of $45.92B and a price-to-earnings ratio of 4.50. On Nov 30, 2015 the shares registered one year high at $36.88 and the one year low was seen on Aug 24, 2015.

On May 13, 2016 General Motors Company (NYSE:GM) revealed the Silverado High Desert package, which will arrive in dealers this fall. Based on the concept vehicle revealed at the 2014 SEMA show, the High Desert package brings unique content and capability to Silverado’s lineup of special editions – which offers more choices for truck buyers than any other brand.

Available on LT, LTZ, and High Country trim levels, the High Desert package combines refined exterior styling, an all-new cargo system that is lockable and water resistant and available Magnetic Ride Control suspension on High Country.

“The High Desert package blends the capability and utility of Silverado with the refinement and luxury of Suburban,” said Sandor Piszar, director of Chevrolet truck marketing. “It’s ideal for those customers who want both the security of a lockable cargo area, as well as the flexibility of a pickup truck bed.”

An all-new flexible, lockable storage system in the cargo bed locks cargo away safely and protects it from the elements. The system installs over the roll-formed, high-strength steel bed to add dual side storage bins and a three-piece hard tonneau cover. Inside, a cargo divider can be raised to secure smaller items, or lowered to access the full length of the bed floor. As with all Silverado LT, LTZ, and High Country models, the tailgate locks with the keyfob, enabling users to secure their cargo with the push of a button. The High Desert package on the LT trim level features 20-inch wheels with all-season tires, while 22-inch wheels and all-terrain tires are available on LTZ and High Country trim levels.

The High Desert is also the first Silverado offered with Magnetic Ride Control suspension, which delivers more precise body motion control. Its sensors “read” the road every millisecond, triggering damping changes in as little as five milliseconds in electronically controlled shock absorbers that replace conventional mechanical-valve shocks. They’re filled with a magneto-rheological fluid containing minute iron particles and under the presence of a magnetic charge, the iron particles align to provide damping resistance. Changes in the magnetic charge alter the damping rate of the shocks, with changes occurring almost instantly.

Ratings Round Up: Exxon Mobil Corporation (NYSE:XOM)

The shares of Exxon Mobil Corporation (NYSE:XOM)currently has mean rating of 3.0 while 6 analyst have recommended the shares as ‘BUY’ ,2 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 Exxon Mobil Corporation (NYSE:XOM)is at $86.16 while the highest price target suggested by the analysts is $105.00 and low price target is $55.00. The mean price target is calculated keeping in view the consensus of 22 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 57.87B by 6 analysts. The means estimate of sales for the year ending Dec 16 is 233.26B by 7 analysts.

The average estimate of EPS for the current fiscal quarter for Exxon Mobil Corporation (NYSE:XOM)stands at $0.62 while the EPS for the current year is fixed at $2.69 by 19.00 analysts

The next one year’s EPS estimate is set at 4.40 by 26.00 analysts while a year ago the analysts suggested the company’s EPS at $2.69. 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 , Exxon Mobil Corporation (NYSE:XOM)reported earnings of $0.43. The posted earnings topped the analyst’s consensus by $0.12 with the surprise factor of 38.70%. 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.

Exxon Mobil Corporation (NYSE:XOM) traded up +0.69% during trading on Friday, hitting $92.07 . The stock had a trading volume of 9.4 M shares. The firm has a 50 day moving average of $89.75 and a 200-day moving average of $83.16. The stock has a market cap of $380.66B and a price-to-earnings ratio of 29.57. On Jun 23, 2016 the shares registered one year high at $92.07 and the one year low was seen on Aug 24, 2015.

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products. As of December 31, 2015, the company had approximately 35,909 gross and 30,114 net operated wells. Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.

Analysts Review On Banco Bradesco SA (ADR) (NYSE:BBD)

The shares of Banco Bradesco SA (ADR) (NYSE:BBD)currently has mean rating of 2.8 while 1 analyst have recommended the shares as ‘BUY’ ,1 recommended as ‘OUTPERFORM’ and 2 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 Banco Bradesco SA (ADR) (NYSE:BBD)is at $6.23 while the highest price target suggested by the analysts is $8.00 and low price target is $4.86. The mean price target is calculated keeping in view the consensus of 5 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 6.69B by 2 analysts. The means estimate of sales for the year ending Dec 16 is 26.53B by 5 analysts.

The average estimate of EPS for the current fiscal quarter for Banco Bradesco SA (ADR) (NYSE:BBD)stands at $0.20 while the EPS for the current year is fixed at $0.81 by 5.00 analysts

The next one year’s EPS estimate is set at 0.85 by 6.00 analysts while a year ago the analysts suggested the company’s EPS at $0.81. The analysts also projected the company’s long-term growth at 6.52% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Banco Bradesco SA (ADR) (NYSE:BBD)reported earnings of $0.19. The posted earnings missed the analyst’s consensus by $-0.01 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.

Banco Bradesco SA (ADR) (NYSE:BBD) traded up +5.03% during trading on Friday, hitting $7.61 . The stock had a trading volume of 5.1 M shares. The firm has a 50 day moving average of $7.04 and a 200-day moving average of $5.85. The stock has a market cap of $42.04B and a price-to-earnings ratio of 7.92. On Jul 14, 2015 the shares registered one year high at $8.54 and the one year low was seen on Jan 21, 2016.

Banco Bradesco S.A. provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. It accepts various deposit products, such as demand and time deposits, checking and savings accounts, interbank deposits from financial institutions, and accounts for salary purposes. The company also offers loans comprising personal and short-term loans, vehicle financing, overdraft loans, and payroll-deductible loans; housing loans; and government-funded long-term loans, such as BNDES onlending/FINAME. In addition, it offers other corporate loans and advances, such as short-term loans; working capital loans; corporate overdraft loans; discounting trade receivables, promissory notes, checks, credit card and supplier receivables, etc.; financing for purchase and sale of goods and services; investment lines for acquisition of assets and machinery; rural loans; and microcredit to low-income individuals and small companies. Further, the company provides life and personal accident, health, automobile, property, casualty, and liability insurance products, as well as insurance against miscellaneous events; reinsurance products; pension plans; and capitalization bonds. Additionally, it offers credit, debit, and pre-paid cards; cash management solutions; public authority solutions; asset management services; services related to capital markets and investment banking activities; intermediation and trading services; capital markets solutions; international banking services; import and export financing; consortiums; and receipts and payments solutions. As of December 31, 2015, the company operated through a network of 4,507 branches, 4,247 service centers and electronic in-company service centers, and 31,527 ATMs in Brazil; and 3 branches internationally. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

Noticeable Stock: QEP Resources Inc (NYSE:QEP)

The shares of QEP Resources Inc (NYSE:QEP)currently has mean rating of 2.1 while 10 analyst have recommended the shares as ‘BUY’ ,3 recommended as ‘OUTPERFORM’ and 5 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 QEP Resources Inc (NYSE:QEP)is at $23.47 while the highest price target suggested by the analysts is $33.00 and low price target is $13.00. The mean price target is calculated keeping in view the consensus of 15 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 349.81M by 8 analysts. The means estimate of sales for the year ending Dec 16 is 1.35B by 7 analysts.

The average estimate of EPS for the current fiscal quarter for QEP Resources Inc (NYSE:QEP)stands at $-0.38 while the EPS for the current year is fixed at $-1.54 by 15.00 analysts

The next one year’s EPS estimate is set at -0.79 by 15.00 analysts while a year ago the analysts suggested the company’s EPS at $-1.54. The analysts also projected the company’s long-term growth at 15.00% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , QEP Resources Inc (NYSE:QEP)reported earnings of $-0.53. The posted earnings topped the analyst’s consensus by $0.07 with the surprise factor of 11.70%. 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.

QEP Resources Inc (NYSE:QEP) traded up +2.75% during trading on Friday, hitting $18.72 . The stock had a trading volume of 9.0 M shares. The firm has a 50 day moving average of $18.52 and a 200-day moving average of $14.14. The stock has a market cap of $4.05B. On Jun 8, 2016 the shares registered one year high at $20.96 and the one year low was seen on Jan 20, 2016.

On June 21, 2016 QEP Resources Inc (NYSE:QEP) announced that it has priced its previously announced underwritten public offering of 20,000,000 shares of its common stock. QEP has granted the underwriters a 30-day option to purchase up to 3,000,000 additional shares of common stock. QEP expects to receive total gross proceeds (before underwriting discounts and estimated offering expenses) of approximately $367.0 million, or approximately $422.1 million if the underwriters exercise their option to purchase additional shares of common stock in full.

The net proceeds from this offering are expected to be used to partially fund QEP’s recently announced acquisition of oil and gas properties in the northern Midland Basin of the Permian Basin (the “Acquisition”). If the Acquisition is not consummated, the Company intends to use the net proceeds from this offering for general corporate purposes, which may include, among other things, reducing indebtedness, acquiring properties, and funding a portion of its exploration and production activities and working capital. This offering is not conditioned upon the completion of the Acquisition, which, if completed, will occur subsequent to the closing of this offering, and the completion of this offering is not a condition to the completion of the Acquisition. The sale of the common stock is expected to settle on June 27, 2016, subject to the satisfaction of customary closing conditions.

J.P. Morgan, Deutsche Bank Securities, Wells Fargo Securities and BMO Capital Markets Corp. are acting as joint book-running managers for the offering. The offering is being made only by means of a prospectus supplement and an accompanying base prospectus, copies of which may be obtained by contacting (i) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling toll-free at (866) 803-9204 or by email at prospectus-eq_fi@jpmchase.com; or (ii) Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005, Attention: Prospectus Department, or by calling (800) 503-5611 or by email at prospectus.cpdg@db.com; or (iii) Wells Fargo Securities, 375 Park Avenue, New York, New York 10152, Attention: Equity Syndicate Department, or by calling (800) 326-5897, or by emailing cmclientsupport@wellsfargo.com; or (iv) BMO Capital Markets Corp. at 3 Times Square, New York, NY 10036, Attention: Equity Syndicate Department, by telephone at (800) 414-3627 or by email to bmoprospectus@bmo.com. An electronic copy of the prospectus supplement and accompanying base prospectus may also be obtained at no charge from the Securities and Exchange Commission’s website at http://www.sec.gov.