A Notable Analyst Coverage Of Two Stocks: Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH), MannKind Corporation (NASDAQ:MNKD)

Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) showed a decline of -0.09% from the market’s prior closing price. That fall sent the price at $0.67 per share as of January 13,2017 when the total trading capacity was lower compared with their three months average volume of 1.82M shares. The consensus analyst PT for this stock has now been moved to $2.85.

Anthera Pharmaceuticals, Inc. (ANTH) Price Indications

The firm keeps price-to-earnings ratio at – in 12 months. In last trade, the intraday high was $0.69, putting the share price -86.30% below its 52-week high and trades 4.91% higher from the lowest price they have traded at during the previous year. It turned lower -59.40% from its 50-day simple moving average. The current price is down -76.57% from the average market prices over a 200-day period.

Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 0 suggested Buy, 2 said Outperform and 3 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 2.60, according to Thomson Reuters data.

On January 13,2017, MannKind Corporation (NASDAQ:MNKD) closed session up at $0.69 with 6.07%. The institutional holdings in the company makes up 20.40% while the Beta factor is 3.24. The stock’s RSI (Relative Strength Index) reached 54.01.

MannKind Corporation (MNKD) Price Potential

In recent trade, the price was -23.41% down its 200 day moving average and was brought 14.04% up versus its 50-day simple moving average. The stock exchanged hands at a volume of 7.44M shares whereas, the average volume was 5.25M shares. In the past 12 months, the share price floated in the $0.41 -$2.24 range. The market capitalization arrived at market cap 309.23M billion. After the day trading kicked off at $0.67, the stock was seen approaching $0.66 as its bottom price and $0.72 as its intraday high price. In previous session, the price was settled at $0.65.

MannKind Corporation (NASDAQ:MNKD) 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 0 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 0 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 3 analysts and ‘Overweight’ verdict was shared by 0 analysts. The company has a Mean Recommendation of 4.00 based on a scale of 1-5 provided by Thomson Reuters.

Prominent Analysts Reporting Update: Cardinal Health, Inc. (NYSE:CAH), DISH Network Corporation (NASDAQ:DISH)

Cardinal Health, Inc. (NYSE:CAH) showed a growth of 0.64% from the market’s prior closing price. That gain sent the price at $74.19 per share as of January 12,2017 when the total trading capacity was lower compared with their three months average volume of 3.13M shares. The consensus analyst PT for this stock has now been moved to $80.33.

Cardinal Health, Inc. (CAH) Price Indications

The firm keeps price-to-earnings ratio at 17.99 in 12 months. In last trade, the intraday high was $74.27, putting the share price -14.02% below its 52-week high and trades 19.06% higher from the lowest price they have traded at during the previous year. It turned higher 4.27% from its 50-day simple moving average. The current price is down -3.25% from the average market prices over a 200-day period.

Cardinal Health, Inc. (NYSE:CAH) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 3 suggested Buy, 2 said Outperform and 14 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 2.58, according to Thomson Reuters data.

On January 12,2017, DISH Network Corporation (NASDAQ:DISH) closed session up at $62.28 with 0.63%. The institutional holdings in the company makes up 92.70% while the Beta factor is 1.10. The stock’s RSI (Relative Strength Index) reached 68.63.

DISH Network Corporation (DISH) Price Potential

In recent trade, the price was 17.94% up its 200 day moving average and was brought 7.85% up versus its 50-day simple moving average. The stock exchanged hands at a volume of 1.14M shares whereas, the average volume was 1.99M shares. In the past 12 months, the share price floated in the $38.85 -$62.45 range. The market capitalization arrived at market cap 28.68 billion. After the day trading kicked off at $61.90, the stock was seen approaching $61.48 as its bottom price and $62.34 as its intraday high price. In previous session, the price was settled at $61.89.

DISH Network Corporation (NASDAQ:DISH) 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. 1 Wall Street brokerages assign ‘Sell’ rating for the firm. 11 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 3 analysts and ‘Overweight’ verdict was shared by 5 analysts. The company has a Mean Recommendation of 2.54 based on a scale of 1-5 provided by Thomson Reuters.

Marks and Spencer finally delivered upbeat apparel sales during Christmas as results top forecasts

UK apparel retailer Marks and Spencer has announced upbeat results following surge in sales of clothing and homeware section for the first time in two years.

Sales in the department increased 2.3% well more than predictions of about 0.5%.

The figures arrives on a bumper day for retail results, with trading updates from Tesco, John Lewis, Debenhams and Primark owner ABF.

Company’s chief executive, Steve Rowe, said “better ranges, better availability and better prices” had helped sales to improve.

Meanwhile growth was boosted by the timing of Christmas this year, which meant there were extra shopping days.

Food sales surged by 0.6%. That in contrast with Tesco’s food sales surge of 1.3%, while Sainsbury’s food sales slid slightly.

Marks and Spencer’s assessed that the additional timing of Christmas had added about 1.5% to the clothing and home sales growth and about 0.3% to food.

However Mr Rowe cautioned that timing would be against them for the next trading update: “As we look forward, our Q4 reported numbers will be adversely affected by sale timing and a later Easter.”

During Xmas season where most of the giant retailers did better than expected, M&S stood out, finally shrugging off its clothing sales hoodoo.

Company’s apparel sales have been on the downhill and often sharp drop for the last five years, with the exception of one encouraging quarter two years ago.

During the festive period, Marks and Spencer’s, like-for-like sales rose 2.3%, although the company was quick to highlight that 1.5% of that was down to how Christmas drop, which meant there were five extra trading days in contrast to the relevant period a year earlier.

SUPERVALU INC (NYSE:SVU) earnings fell more than expectations amid stiff competition

Supervalu Inc. announced its quarterly earnings with an unexpected drop in the most recent three month period as its retail segment suffered through the stiff competition.

In the Company’s third quarter wholesale revenue increased 0.2% to $1.91 billion, while sales in its slightly smaller retail segment dropped 3.4% to $1.06 billion.

Meanwhile company’s same-store sales dropped by 5.7%, a sharper drop than the 4.7% estimated by Consensus Metrix.

Recently, Grocery store operator and distributor Supervalu finalized the sale of its Save-A-Lot business, a discount grocery chain that has been a rare bright spot for the retailer, to a private-equity company for $1.37 billion in cash. The sale means Supervalu is now mostly focused on wholesale, rather than retail, which could potentially result in better margins, due to less exposure from the tough store sector.

Furthermore Supervalu also owns and operates supermarket chains like Cub, Fresh Farm and Shop n’ Save. The company has been struggling recently as low-price, no-frills chains like Aldi have fascinated cost-conscious clients, and specialty chains controlled by Whole Foods Market Inc. have tempted richer shoppers.

Overall in the quarter, Supervalu posted a loss of $26 million, or 10 cents a share, in contrast with earnings of $3 million, or 13 cents, year over year. On an adjusted basis the company reported an earnings of $14 million or five cents per share. The most-recent quarter comprised a pension-settlement charge of $41 million and shore closure costs of $1 million, while the year-earlier quarter comprised asset damage charges and employee compensation costs.

Company revenue dropped 1.4% to $3 billion. Analysts were predicting earnings of 13 cents on $3.79 billion in revenue.

Macy’s Inc. (NYSE:M) plans to save $550 million by doing 10100 layoffs

According to reports Department-store chain Macy’s Inc. (NYSE:M) stock dropped 13% as it slash profit outlook and revealed plans to cut 10,100 jobs to save $550m.

Macy’s Inc. (NYSE:M) further said that 3,900 jobs would go in 2017 after closing of 68 store, out of a planned 100 revealed last year.

In the meantime, other modifications and reductions in middle management roles will cut down another 6,200 jobs.

All the Department store chains in the US have lately been finding it hard with ever growing pressure from popularity of online retailers and discount stores.

Macy’s (owners of department store Bloomingdales) also announced its profits for the year to 30 January would be less than previously predicted.

The company was predicting profits to fall between $3.15 and $3.40 a share, but has now drop this to $2.95-$3.10.

Meanwhile other US department stores also saw noteworthy share price actions on Thursday.

Another chain Kohl’s stock plunged 19% as it too slashed its profit outlook, while Sears saw its shares surged almost 6% in early trading after it said it would sell its Craftsman tools business to Stanley Black & Decker for $900m.

Nevertheless, Sears also posted weak holiday trading, with same-store sales in November and December dropped by almost 12-13%, and the company also plans to shutter 150 stores.

Furthermore Macy’s reviewed profit outlook followed the chain’s like-for-like sales in November and December saw a drop of 2.1%.

“While our sales trend is consistent with the lower end of our guidance, we had anticipated sales would be stronger,” said Macy’s (M) chief executive, Terry Lundgren.

Gap Inc. (NYSE:GPS) comparable sales in December surged against the odds

Apparel Retail giant Gap Inc. (NYSE:GPS) posted a surprise surge in December comparable sales, and said it expected 2016 profit to beat the forecast, in sharp comparison to weak holiday sales from department store operators and some apparel retailers.

Company’s stock, which was boosted from robust demand for its Gap Inc. (NYSE:GPS) and Old Navy brands, were up 8% at US$25.14 in after-market trading on Thursday.

In the recent times the company has been in the process of overhauling the Gap and banana republic brands, looking to repeat the success of the low-end Old Navy attire.

Meanwhile comparable sales of its signature Gap brand surged I% in December, in contrast with a 2% drop year over year.

Sales of old Navy brand surged 12%, in contrast with a 7% drop year over year.

The company’s comparable sales increased 4% in December in contrast with the analyst’s prediction of a 0.7% drop.

In the recent periods Gap and other traditional apparel chains have been struggling with the surging status of online retailers and fast-fashion chains such as H&M, Forever 21 and Inditex’s Zara, which are popular for offering up-to-the-minute clothes at much better prices.

Gap (GPS), which is also shutting stores and reducing overhead costs, said it now expected full-year 2016 adjusted profit to be modestly above the higher end of the prediction range of US$1.87-US$1.92 per share.

Furthermore department-store chains Macy’s Inc and Kohl’s Corp both dropped their 2016 profit projections on Wednesday, after their holiday season sales dropped more than estimated.

Moreover American Eagle Outfitters Inc, which said fourth-quarter comparable sales to date were flat, said on Thursday “the holiday sales season was choppy and highly promotional.”

Encana set to top its own 2017 production, profit-margin outlook

Energy producer Encana Corp. announced on Wednesday, January 4, 2017 that company’s results in 2017 will top its predictions released just a few months ago as the company continues to cut costs and boost oil and gas production volumes.

The Calgary-based energy giant announced it predicts a profit margin of $10 (U.S) per barrel of oil equivalent in 2017, up from the $8 a barrel it revealed during an investor day in October. The surge is a result of lower-than-predicted costs and raised volumes this year.

Meanwhile Encana, has find it hard with high debt levels and the sharp plunge in commodity prices that started in the last half of 2014. But on Wednesday Encana announced it had already hit its projected 2017 operational activity and rig count levels in December. That progress is part of the company’s plan to surge production by almost 60 per cent between 2016 and 2021, while plummeting costs and rising its cash flow.

Furthermore Company’s profit-margin predictions are based on price expectations of $55 a barrel for West Texas intermediate crude, and $3 per million British thermal units for benchmark North American natural gas.

Company’s chief executive Doug Suttles turned the focus of Encana from natural gas to more oil-related plays, such as the Eagle Ford basin.

At the moment, much of the company’s emphasis has turned to its assets in the Permian basin, the Texas and New Mexico play is a low-cost and productive area for many producers despite the crude price slump.

Encana also said during announcement that it expects production growth from its four core assets, which also comprise the Duvernay in Alberta will be in the upper range of, or exceed, its previously directed growth estimation of 15% to 20% from the fourth quarter of 2016 to the end of this year.

Analyst Reports On Watch List: The WhiteWave Foods Company (NYSE:WWAV), Terex Corporation (NYSE:TEX)

The WhiteWave Foods Company (NYSE:WWAV) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 0 have a “buy”, 1 suggested “sell”, 21 said “hold” and 1 called “underperform” rating for the stock, according to Thomson Reuters data. 0 recommends the stock is “outperforming”. The company has an Average Rating of 3.13 based on analysts tracked by Thomson Reuters.

The WhiteWave Foods Company (NYSE:WWAV) made a -0.11% move from the market’s previous close, putting the price on the $55.54 per share as of 01/03/2017. The total volume of shares traded was below their three months average volume of 1,890,000 shares. The firm maintains a P/E ratio of 50.04 in 12 months. The WhiteWave Foods Company consensus analyst price target has now moved to $55.11. On a given day, the intraday low was $55.53. That means the share price went down -2.25% from its 52-week low and trades up 76.88% versus the highest price the stock has traded at during the previous year. It shifted up 10.19% versus its 200 day moving average. The current price escalated 1.19% from the average market prices over a 50-day period.

Terex Corporation recently traded 11.95% above its 50-day simple moving average and went up 30.26% from its 200-day simple moving average. The debt-to-equity ratio (D/E) remains 0.89. The institutional ownership stake in the corporation is 87.60% while the Beta value stands at 2.41. Its RSI (Relative Strength Index) reached 60.68.

On 01/03/2017, Terex Corporation (NYSE:TEX) ended trading higher at $31.94 with 1.30%. The firm exchanged hands at a volume of 1,354,399 whereas, the average volume was 1.19M shares. In the past 52 weeks, the share price moved between $13.45 and $33.17. The market cap landed at $3.44B. After the day began at $32.13, the stock was seen hitting $32.87 as its intraday high price and $31.75 as its bottom price. The prior close was recorded at $31.53.

Terex Corporation (NYSE:TEX) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 5 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 12 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 2 analysts and ‘Overweight’ recommendation was issued by 2 analysts. The company has an Average Rating of 2.52 based on Thomson Reuters I/B/E/S scale of 1-5.

Mastercard Inc. (NYSE:MA) acquisition of VocaLink deal worries U.K. watchdog

According to the reports, U.K. Competition and Markets Authority said in a statement on Wednesday, January 4, 2017 that it is worried that Mastercard Inc. (NYSE:MA) takeover of VocaLink gives surge to competition worries, and is seeking actions from the companies to address these matters.

Meanwhile they have until Jan. 11 to suggest a solution, or the watchdog will refer the deal for an in-depth enquiry, it said.

Last year in July Mastercard Inc. (NYSE:MA) proclaimed that it was set to take over 92.4% of VocaLink Holdings Ltd. in an agreement prized at about $920 million. If the agreement concludes, a majority of VocaLink’s existing owners will keep a 7.6% stake for at least three years.

Furthermore MastercardU.K. Holdco Ltd., a subsidiary of Mastercard already possesses and functions credit and debit card schemes Mastercard, Maestro and Cirrus, and has also bid to source infrastructure services to U.K. interbank payment systems.

VocaLink’s technology offers the backbone for non-card transactions such as employer payroll deposits and consumer bill payments, handing out over 90% of salaries, more than 70% of domestic bills and almost all state benefits in the U.K.

VocaLink’s technology also unites the set-up of Britain’s automated teller machine network among its participating banks. VocaLink meanwhile posted $240 million in revenue last year and handled more than 11 billion transactions.

Moreover Vocalink is retained by a group of 18 banks and building societies, with the four biggest being Royal Bank of Scotland Group PLC, Barclays PLC BARC HSBC Holdings PLC, and Lloyds Banking Group PLC.

Following the deal was announced in last July the U.K. Payment Systems Regulator said the four largest stockholders of VocaLink should sell all, or part of their holdings in the structure provider if its takeover by Mastercard (MA) doesn’t go forward, to open up the market and lift competition.

Facebook Inc. (NASDAQ:FB) Mark Zuckerberg aims to visit 30 states of US in his New Year’s resolution

Facebook Inc. (NASDAQ:FB) CEO and founder Mark Zuckerberg revealed his plans to use 2017 touring the United States in the 32-year-old tech entrepreneurs latest ambitious New Year’s resolution.

Zuckerberg posted on his web site that this year’s individual challenge is to “have visited and met people in every state in the US” and he wants to travel to about 30 states to accomplish the pledge.

In the past Mr. Zuckerberg has set targets like running 365 miles, reading 25 books and learning Mandarin in the New Year challenges.

The US tour arrives amid rumors that a future personal challenge by Mr Zuckerberg could be running for president of the United States.

“After a tumultuous last year, my hope for this challenge is to get out and talk to more people about how they’re living, working and thinking about the future,” Mr Zuckerberg said in his Facebook post.

“For decades, technology and globalization have made us more productive and connected.

“This has created many benefits, but for a lot of people it has also made life more challenging. This has contributed to a greater sense of division than I have felt in my lifetime. We need to find a way to change the game so it works for everyone.”

Furthermore Zuckerberg said in a statement that the road trips would help him to make “the most positive impact as the world enters an important new period”.

“My trips this year will take different forms – road trips with [wife] Priscilla, stops in small towns and universities, visits to our offices across the country, meetings with teachers and scientists, and trips to fun places you recommend along the way,” the statement continued.

In the recent times, while Zuckerberg was actively meeting the world leaders there was a gossip that he could one day launch a bid for the White House. The rumor was also fuelled by documents showing he has full filed requirements to keep control of the company if he works for the government.