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👤Kim Rodriguez
🕔January 23, 2015
Google Inc. (Nasdaq:GOOG)’s entrance into telecommunications may not be beneficial, Re/code says. Google’s (GOOG) plan to tap into Sprint (S) and T-Mobile (TMUS) networks to offer cell service under its own brand may not be beneficial to the company, wireless carriers, or even consumers since forcing carriers to lower costs and improve network capabilities has not been working for cell-phone companies as of yet, Re/code reports.…
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👤Kim Rodriguez
🕔January 23, 2015
DreamWorks Animation SKG Inc. (Nasdaq:DWA) reduces films per year to two, cuts 500 jobs. DreamWorks Animation said it is implementing a new strategic plan to restructure its core feature animation business. Following a full review of the business, the company announced that it will focus its feature production from “three films per year down to two, maximize its creative talent and resources, reduce costs, and drive profitability.” The studio’s core feature animation production will now focus on Kung Fu Panda 3 (March 18, 2016), Trolls (Nov.…
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👤Kim Rodriguez
🕔January 21, 2015
Silver Spring Networks, Inc. (NYSE:SSNI) chosen by Horizon Power to deploy metering network in Australia. Silver Spring Networks announced that it has been selected for an advanced metering program by Horizon Power, a Western Australian government owned utility, which has a service territory spanning approximately 2.3M square kilometers, one of the most sparsely populated in the world.…
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👤Kim Rodriguez
🕔January 21, 2015
Stone Energy Corp. (NYSE:SGY) reports FY15 capital budget of $450M. Stone’s board has authorized a 2015 capital expenditure budget of $450M, which assumes planned sales of minority working interests in certain targeted assets. The budget also excludes acquisitions and capitalized SG&A and interest.…
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👤Kim Rodriguez
🕔January 21, 2015
Weingarten Realty Investors (NYSE:WRI) raises FY14 recurring FFO view to $2.04-$2.06 from $2.01-$2.03.FY14 consensus $2.04. The increase is primarily due to timing of fourth quarter dispositions, stronger than expected operating results primarily from unanticipated bad debt and litigation recoveries and positive results from its insurance captive.…
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👤Kim Rodriguez
🕔January 21, 2015
Royal Gold, Inc. (Nasdaq:RGLD) subsidiary purchased 13,000 ounces of gold during Q4. Royal Gold announces that the operators of the Mount Milligan and Peñasquito properties have released preliminary calendar 2014 operating results and calendar 2015 production forecasts. Royal Gold announces that its wholly owned subsidiary, RGLD Gold AG, purchased approximately 13,000 ounces of gold for the quarter ended December 31, 2014 from the Mount Milligan mine as part of its purchase and sale agreement with Thompson Creek Metals Company.…
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👤Kim Rodriguez
🕔January 19, 2015
Baker Hughes Incorporated (NYSE:BHI) reports U.S. rig count down 74 to 1676. Baker Hughes reports that the U.S. Rig Count is down 74 rigs from last week to 1676, with oil rigs down 55 to 1366, gas rigs down 19 to 310, and miscellaneous rigs unchanged at 0.…
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👤Kim Rodriguez
🕔January 19, 2015
Range Resources Corporation (NYSE:RRC) sees 2014 total production growth approximately 24%. Although year-end audited financial amounts are not complete, Range expects that its total production growth for 2014 will approximate 24% with estimated production for the year of 1.16 Bcfe per day.…
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👤Kim Rodriguez
🕔January 19, 2015
OncoMed Pharmaceuticals, Inc. (Nasdq:OMED) presents final Phase 1b data for Tarextumab. OncoMed Pharmaceuticals presented final safety, efficacy and biomarker data from the company’s Phase 1b “ALPINE” clinical trial of tarextumab in 40 patients with frontline metastatic pancreatic cancer. Tarextumab was generally well tolerated when administered with gemcitabine and Abraxane, with manageable, on-target drug-related toxicities.…
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👤Kim Rodriguez
🕔January 19, 2015
Starbucks Corporation (Nasdaq:SBUX) January weekly volatility elevated into Q1 and outlook. Starbucks January weekly call option implied volatility is at 38, February is at 24, April is at 20; compared to its 26-week average of 23 according to Track Data, suggesting large near term price movement into the expected release of Q1 results after the market close on January 22.…
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