Chesapeake Energy Corporation (NYSE:CHK) finally settles legal fight with Aubrey McClendon’s estate

According to reports, The Oklahoma City-based Chesapeake Energy Corporation (NYSE:CHK) and the estate of its former chief executive, the late Aubrey McClendon, have agreement in place to resolve a legal argument relating claims that Mr. McClendon stole sensitive documents from Chesapeake to make a rival company.

The Energy-Sector company was in quest of $445 million in damages from Mr. McClendon’s estate for the suspected theft of maps and data. The company said Mr. McClendon took that information with him when he was exiled in 2013 and used it to start American Energy Partners LP.

Meanwhile in the settlement filed earlier this month in Oklahoma County District Court, Chesapeake Energy Corporation(NYSE:CHK) has decided to drop that claim and pay $3.25 million in legal payments. In exchange, Mr. McClendon’s estate is dropping claims to any payment still owed under Mr. McClendon’s separation agreement with Chesapeake. That includes cash, stock and the use of a commercial jet.

However the treaty still need approval by the court, which is looking into series of validation claims by creditors against the estate of the late wildcatter, who in 2016 died in a bad car accident. A hearing has been set for March 8.

Chesapeake’s spokesperson said in a statement that the company is “pleased that the matter has been resolved to the satisfaction of all parties.” A representative for Mr. McClendon’s estate could not immediately be reached.

In 2013, co-founder of Chesapeake, Mr. McClendon was expelled as CEO following a shareholder insurgency. He almost immediately launched American Energy, setting up shop nearby and hiring many former Chesapeake employees.

Furthermore Chesapeake Energy (CHK) took legal action against American Energy, as well as several partners and unidentified investors, two years later, claiming Mr. McClendon had founded his new business using maps of oil and gas prospects and other confidential data taken from Chesapeake. American Energy denied those allegations, saying the information Mr. McClendon took was lawfully his under the terms of his termination.

Nonetheless an American Energy partner controlled by the company’s major investor later decided to allocate approximately 6,000 acres in Ohio to Chesapeake Energy (CHK) and pay it up to $25 million. In exchange, Chesapeake dropped the affiliate and unspecified investors for its suit.

Equities With Notable Analyst Assessments: The J. M. Smucker Company (NYSE:SJM), Crown Castle International Corp. (NYSE:CCI)

The J. M. Smucker Company (NYSE:SJM) showed a growth of 1.54% from the market’s prior closing price. That gain sent the price at $137.58 per share as of February 02,2017 when the total trading capacity was higher compared with their three months average volume of 869.55TH shares. The consensus analyst PT for this stock has now been moved to $138.85.

The J. M. Smucker Company (SJM) Price Indications

The firm keeps price-to-earnings ratio at 22.43 in 12 months. In last trade, the intraday high was $138.55, putting the share price -11.61% below its 52-week high and trades 14.76% higher from the lowest price they have traded at during the previous year. It turned higher 6.11% from its 50-day simple moving average. The current price is up 1.42% from the average market prices over a 200-day period.

The J. M. Smucker Company (NYSE:SJM) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 2 suggested Buy, 3 said Outperform and 13 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 1 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 2.68, according to Thomson Reuters data.

On February 02,2017, Crown Castle International Corp. (NYSE:CCI) closed session up at $87.77 with 1.29%. The institutional holdings in the company makes up 94.20% while the Beta factor is 0.29. The stock’s RSI (Relative Strength Index) reached 58.33.

Crown Castle International Corp. (CCI) Price Potential

In recent trade, the price was -2.27% down its 200 day moving average and was brought 2.49% up versus its 50-day simple moving average. The stock exchanged hands at a volume of 1.78M shares whereas, the average volume was 2.69M shares. In the past 12 months, the share price floated in the $76.82 -$100.73 range. The market capitalization arrived at market cap 31.65 billion. After the day trading kicked off at $86.71, the stock was seen approaching $86.50 as its bottom price and $87.88 as its intraday high price. In previous session, the price was settled at $86.65.

Crown Castle International Corp. (NYSE:CCI) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 6 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 8 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 0 analysts and ‘Overweight’ verdict was shared by 8 analysts. The company has a Mean Recommendation of 2.09 based on a scale of 1-5 provided by Thomson Reuters.

Prominent Analysts Reporting Update: Franklin Resources, Inc. (NYSE:BEN), Ross Stores, Inc. (NASDAQ:ROST)

Franklin Resources, Inc. (NYSE:BEN) showed a decline of -0.23% from the market’s prior closing price. That fall sent the price at $39.90 per share as of February 02,2017 when the total trading capacity was lower compared with their three months average volume of 2.94M shares. The consensus analyst PT for this stock has now been moved to $38.38.

Franklin Resources, Inc. (BEN) Price Indications

The firm keeps price-to-earnings ratio at 13.57 in 12 months. In last trade, the intraday high was $40.14, putting the share price -4.93% below its 52-week high and trades 32.68% higher from the lowest price they have traded at during the previous year. It turned lower -0.16% from its 50-day simple moving average. The current price is up 9.74% from the average market prices over a 200-day period.

Franklin Resources, Inc. (NYSE:BEN) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 1 have a Sell, 2 suggested Buy, 0 said Outperform and 8 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 2 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 3.00, according to Thomson Reuters data.

On February 02,2017, Ross Stores, Inc. (NASDAQ:ROST) closed session down at $65.64 with -0.36%. The institutional holdings in the company makes up 92.50% while the Beta factor is 0.94. The stock’s RSI (Relative Strength Index) reached 45.48.

Ross Stores, Inc. (ROST) Price Potential

In recent trade, the price was 6.95% up its 200 day moving average and was brought -2.05% down versus its 50-day simple moving average. The stock exchanged hands at a volume of 1.65M shares whereas, the average volume was 2.78M shares. In the past 12 months, the share price floated in the $51.64 -$69.67 range. The market capitalization arrived at market cap 25.87 billion. After the day trading kicked off at $65.73, the stock was seen approaching $65.46 as its bottom price and $66.18 as its intraday high price. In previous session, the price was settled at $65.88.

Ross Stores, Inc. (NASDAQ:ROST) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 9 equity analysts. 1 Wall Street brokerages assign ‘Sell’ rating for the firm. 10 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 0 analysts and ‘Overweight’ verdict was shared by 7 analysts. The company has a Mean Recommendation of 2.15 based on a scale of 1-5 provided by Thomson Reuters.

Looking At Recent Analyst Recommendations: Pioneer Natural Resources Company (NYSE:PXD), NetApp, Inc. (NASDAQ:NTAP)

Pioneer Natural Resources Company (NYSE:PXD) showed a growth of 1.55% from the market’s prior closing price. That gain sent the price at $183.46 per share as of February 02,2017 when the total trading capacity was lower compared with their three months average volume of 1.61M shares. The consensus analyst PT for this stock has now been moved to $219.70.

Pioneer Natural Resources Company (PXD) Price Indications

The firm keeps price-to-earnings ratio at – in 12 months. In last trade, the intraday high was $183.49, putting the share price -5.92% below its 52-week high and trades 74.45% higher from the lowest price they have traded at during the previous year. It turned lower -0.18% from its 50-day simple moving average. The current price is up 6.11% from the average market prices over a 200-day period.

Pioneer Natural Resources Company (NYSE:PXD) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 18 suggested Buy, 22 said Outperform and 5 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 0 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 1.71, according to Thomson Reuters data.

On February 02,2017, NetApp, Inc. (NASDAQ:NTAP) closed session up at $38.24 with 0.50%. The institutional holdings in the company makes up 96.90% while the Beta factor is 1.49. The stock’s RSI (Relative Strength Index) reached 67.45.

NetApp, Inc. (NTAP) Price Potential

In recent trade, the price was 24.85% up its 200 day moving average and was brought 5.53% up versus its 50-day simple moving average. The stock exchanged hands at a volume of 1.57M shares whereas, the average volume was 3.42M shares. In the past 12 months, the share price floated in the $20.37 -$38.97 range. The market capitalization arrived at market cap 10.53 billion. After the day trading kicked off at $37.89, the stock was seen approaching $37.58 as its bottom price and $38.36 as its intraday high price. In previous session, the price was settled at $38.05.

NetApp, Inc. (NASDAQ:NTAP) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 2 equity analysts. 2 Wall Street brokerages assign ‘Sell’ rating for the firm. 20 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 6 analysts and ‘Overweight’ verdict was shared by 4 analysts. The company has a Mean Recommendation of 3.06 based on a scale of 1-5 provided by Thomson Reuters.

Equities With Notable Analyst Assessments: Cigna Corporation (NYSE:CI), Carnival Corporation (NYSE:CCL)

Cigna Corporation (NYSE:CI) showed a growth of 0.44% from the market’s prior closing price. That gain sent the price at $148.29 per share as of February 02,2017 when the total trading capacity was higher compared with their three months average volume of 1.33M shares. The consensus analyst PT for this stock has now been moved to $156.38.

Cigna Corporation (CI) Price Indications

The firm keeps price-to-earnings ratio at 20.16 in 12 months. In last trade, the intraday high was $150.69, putting the share price -0.76% below its 52-week high and trades 28.91% higher from the lowest price they have traded at during the previous year. It turned higher 6.23% from its 50-day simple moving average. The current price is up 12.14% from the average market prices over a 200-day period.

Cigna Corporation (NYSE:CI) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 7 suggested Buy, 4 said Outperform and 5 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 0 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 1.88, according to Thomson Reuters data.

On February 02,2017, Carnival Corporation (NYSE:CCL) closed session down at $55.31 with -0.29%. The institutional holdings in the company makes up 82.20% while the Beta factor is 0.74. The stock’s RSI (Relative Strength Index) reached 60.06.

Carnival Corporation (CCL) Price Potential

In recent trade, the price was 14.24% up its 200 day moving average and was brought 4.33% up versus its 50-day simple moving average. The stock exchanged hands at a volume of 1.51M shares whereas, the average volume was 3.49M shares. In the past 12 months, the share price floated in the $39.41 -$57.79 range. The market capitalization arrived at market cap 39.93 billion. After the day trading kicked off at $55.45, the stock was seen approaching $55.08 as its bottom price and $55.46 as its intraday high price. In previous session, the price was settled at $55.47.

Carnival Corporation (NYSE:CCL) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 7 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 13 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 1 analysts and ‘Overweight’ verdict was shared by 5 analysts. The company has a Mean Recommendation of 2.31 based on a scale of 1-5 provided by Thomson Reuters.

Ralph Lauren Corporation (NYSE:RL) PT Suggests Stock Is Worth Around $101.39

Ralph Lauren Corporation (NYSE:RL) registered a -12.32% decrease, still its new closing price is -4.71% up from the company’s 1 year high of 113.38.It posted -14.89% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 20 stock analysts following this company have an average price target at $101.39, with individual PT in the $52.00-$121.00 range. The shares moved at $76.61, implying that brokerage firms see shares losing about -32.26% in twelve months time.

Ralph Lauren Corporation (RL) SEC Form 4 News

The stock is getting much attention these days as insiders are offloading shares while they posted a -15.18% fall year to date. A EVP, Advert., Mktg., & Comm. at Ralph Lauren Corporation (RL) offloaded shares in a transaction closed on Thursday June 16, 2016. Lauren David R. sold 4,668 shares in the company at $93.71 each and collected $437,000 in proceeds. Lauren David R. now owns 10,925 shares in the company after this transaction. A Director in the company, FLEISHMAN JOEL LAWRENCE, disclosed a transaction on Friday June 10, 2016 that ended up generating $77,001 from the sale of 811 shares at $95.91 per share.

Ralph Lauren Corporation (NYSE:RL) Upcoming Results on Tap

Ralph Lauren Corporation will next provide financial results for the June 2017 quarter. Stock analysts expect it to report per-share earnings of $0.98 in that period. Sales during the quarter are predicted to arrive at $1.43 billion.

Earnings surprise history: Last quarter, the company posted approximately $1.82 billion in revenue and EPS of $1.90. The mean forecast was for $1.81 billion and $1.71 a share, respectively. One quarter earlier, revenue for the stock was at $1.55 billion, with earnings at $1.06/share.

Ralph Lauren Corporation (RL) Brokerage Update

Ralph Lauren Corporation (RL) is in Citigroup’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by Citigroup, according to news reported on Thursday February 02, 2017.Another important research note was issued by Telsey Advisory Group on Thursday February 02, 2017.The firm downgraded RL to Market Perform from Outperform. Over the last six months and over the last three months, the shares of Ralph Lauren Corporation (RL), have changed -16.61% and -21.92%, respectively.

What directions Under Armour, Inc. (NYSE:UAA) insiders are heading

Under Armour, Inc. (NYSE:UAA) registered a -3.68% decrease, still its new closing price is -0.72% up from the company’s 1 year high of 47.95.It posted -29.11% losses in previous 5 sessions and is now the subject of 21 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 1 sells versus 6 buy or better ratings. The 35 stock analysts following this company have an average price target at $23.50, with individual PT in the $15.00-$53.00 range. The shares moved at $20.65, implying that brokerage firms see shares losing about -48.95% in twelve months time.

Under Armour, Inc. (UAA) SEC Form 4 News

The stock is getting much attention these days as insiders are offloading shares while they posted a -28.92% fall year to date. A Chief Information Officer at Under Armour, Inc. (UAA) offloaded shares in a transaction closed on Thursday August 25, 2016. Fipps Paul sold 1,993 shares in the company at $38.2 each and collected $76,000 in proceeds. Fipps Paul now owns 56,732 shares in the company after this transaction. A Chief Information Officer in the company, Fipps Paul, disclosed a transaction on Thursday August 25, 2016 that ended up generating $83,000 from the sale of 1,980 shares at $42.16 per share.

Under Armour, Inc. (NYSE:UAA) Upcoming Results on Tap

Under Armour, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.02 in that period. Sales during the quarter are predicted to arrive at $1.13 billion.

Earnings surprise history: Last quarter, the company posted approximately $1.31 billion in revenue and EPS of $0.23. The mean forecast was for $1.41 billion and $0.25 a share, respectively. One quarter earlier, revenue for the stock was at $1.47 billion, with earnings at $0.29/share.

Under Armour, Inc. (UAA) Brokerage Update

Under Armour, Inc. (UAA) is in FBR & Co.’s research list so their analyst rating change is noteworthy. These shares were downgraded to Mkt Perform from Outperform by FBR & Co., according to news reported on Wednesday February 01, 2017.Another important research note was issued by Buckingham Research on Wednesday February 01, 2017.The firm downgraded UAA to Underperform from Buy. Over the last six months and over the last three months, the shares of Under Armour, Inc. (UAA), have changed -46.93% and -32.34%, respectively.

Pitney Bowes Inc. (NYSE:PBI): Up to Date Analyst Ratings

Pitney Bowes Inc. (NYSE:PBI) registered a -1.52% decrease, still its new closing price is 4.27% up from the company’s 1 year high of 21.10.It posted -18.36% losses in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 5 stock analysts following this company have an average price target at $18.00, with individual PT in the $14.00-$22.00 range. The shares moved at $12.94, implying that brokerage firms see shares losing about -21.08% in twelve months time.

Pitney Bowes Inc. (PBI) SEC Form 4 News

The stock is getting much attention these days as insiders are adding shares while they posted a -14.81% fall year to date. A EVP & Pres Software Solutions at Pitney Bowes Inc. (PBI) acquired shares in a transaction closed on Friday November 18, 2016. Guidotti Robert bought 3,405 shares in the company at $14.7 each and collected $50,000 in proceeds. Guidotti Robert now owns 3,405 shares in the company after this transaction. A EVP/Chief Legal & Compliance in the company, Goldstein Daniel J, disclosed a transaction on Wednesday November 02, 2016 that ended up paying $24,001 from the purchase of 1,670 shares at $14.79 per share.

Pitney Bowes Inc. (NYSE:PBI) Upcoming Results on Tap

Pitney Bowes Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.35 in that period. Sales during the quarter are predicted to arrive at $823.17 million.

Earnings surprise history: Last quarter, the company posted approximately $887.07 million in revenue and EPS of $0.53. The mean forecast was for $921.62 million and $0.57 a share, respectively. One quarter earlier, revenue for the stock was at $839.03 million, with earnings at $0.44/share.

Pitney Bowes Inc. (PBI) Brokerage Update

Pitney Bowes Inc. (PBI) is in Brean Capital’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Brean Capital, according to news reported on Monday July 28, 2014.Another important research note was issued by Brean Murray on Thursday September 17, 2009.The firm upgraded PBI to Buy from Hold. Over the last six months and over the last three months, the shares of Pitney Bowes Inc. (PBI), have changed -26.45% and -9.87%, respectively.

ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) Earns 7 Analysts Hold Rating

ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) registered a -0.02% decrease, still its new closing price is 444.28% up from the company’s 1 year high of 23.85.It posted 0.61% gains in previous 5 sessions and is now the subject of 7 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 9 stock analysts following this company have an average price target at $20.63, with individual PT in the $14.00-$24.00 range. The shares moved at $23.78, implying that brokerage firms see shares gaining about 370.99% in twelve months time.

ARIAD Pharmaceuticals, Inc. (ARIA) SEC Form 4 News

The stock is getting much attention these days as insiders are offloading shares while they posted a 91.20% rise year to date. A Sr. VP, Reg. Affairs & Quality at ARIAD Pharmaceuticals, Inc. (ARIA) offloaded shares in a transaction closed on Monday January 09, 2017. Bollag Daniel M sold 32,000 shares in the company at $23.78 each and collected $760,001 in proceeds. Bollag Daniel M now owns 129,404 shares in the company after this transaction. A President, R&D, CSO in the company, CLACKSON TIMOTHY P, disclosed a transaction on Monday October 24, 2016 that ended up generating $187,001 from the sale of 19,638 shares at $9.56 per share.

ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) Upcoming Results on Tap

ARIAD Pharmaceuticals, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.16 in that period. Sales during the quarter are predicted to arrive at $43.71 million.

Earnings surprise history: Last quarter, the company posted approximately $46.02 million in revenue and EPS of $-0.14. The mean forecast was for $42.92 million and $-0.19 a share, respectively. One quarter earlier, revenue for the stock was at $68.12 million, with earnings at $0.56/share.

ARIAD Pharmaceuticals, Inc. (ARIA) Brokerage Update

ARIAD Pharmaceuticals, Inc. (ARIA) is in SunTrust’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by SunTrust, according to news reported on Wednesday January 11, 2017.Another important research note was issued by Leerink Partners on Tuesday January 10, 2017.The firm downgraded ARIA to Mkt Perform from Outperform. Over the last six months and over the last three months, the shares of ARIAD Pharmaceuticals, Inc. (ARIA), have changed 139.53% and 158.81%, respectively.

Analysts believe Oasis Petroleum Inc. (NYSE:OAS) is worth $17.07 per share

Oasis Petroleum Inc. (NYSE:OAS) registered a -0.90% decrease, still its new closing price is 256.11% up from the company’s 1 year high of 17.08.It posted -4.61% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 9 buy or better ratings. The 36 stock analysts following this company have an average price target at $17.07, with individual PT in the $9.00-$22.00 range. The shares moved at $14.28, implying that brokerage firms see shares gaining about 151.41% in twelve months time.

Oasis Petroleum Inc. (OAS) SEC Form 4 News

The stock is getting much attention these days as insiders are offloading shares while they posted a -5.68% fall year to date. A 10% Owner at Oasis Petroleum Inc. (OAS) offloaded shares in a transaction closed on Wednesday October 05, 2016. SPO ADVISORY CORP sold 2,975,700 shares in the company at $11.56 each and collected $34,399,000 in proceeds. SPO ADVISORY CORP now owns 16,978,126 shares in the company after this transaction. A President and COO in the company, Reid Taylor L, disclosed a transaction on Monday September 26, 2016 that ended up generating $235,001 from the sale of 25,000 shares at $9.42 per share.

Oasis Petroleum Inc. (NYSE:OAS) Upcoming Results on Tap

Oasis Petroleum Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.06 in that period. Sales during the quarter are predicted to arrive at $251.74 million.

Earnings surprise history: Last quarter, the company posted approximately $177.31 million in revenue and EPS of $-0.17. The mean forecast was for $181.16 million and $-0.19 a share, respectively. One quarter earlier, revenue for the stock was at $179.08 million, with earnings at $-0.11/share.

Oasis Petroleum Inc. (OAS) Brokerage Update

Oasis Petroleum Inc. (OAS) is in Macquarie’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Macquarie, according to news reported on Monday January 09, 2017.Another important research note was issued by Williams Capital Group on Tuesday January 03, 2017.The firm downgraded OAS to Hold from Buy. Over the last six months and over the last three months, the shares of Oasis Petroleum Inc. (OAS), have changed 96.69% and 37.04%, respectively.