#BoardOfDirectors Tom Klemer named Secretary of board of directors of Chamber of Commerce http://bit.ly/2AdSU4H
— Muzaffaruddin Alvi (@Muzaffar1969) November 28, 2017
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Showing posts with label 2017 at 02:09AM. Show all posts
Showing posts with label 2017 at 02:09AM. Show all posts
Wednesday, November 29, 2017
#BoardOfDirectors Tom Klemer named Secretary of board of directors of Chamber of Commerce http://bit.ly/2AdSU4H
#BoardOfDirectors Rowayton resident, Greg Bauer, joins KEYS Board of Directors http://bit.ly/2AG11YG
#BoardOfDirectors Rowayton resident, Greg Bauer, joins KEYS Board of Directors http://bit.ly/2AG11YG
— Muzaffaruddin Alvi (@Muzaffar1969) November 28, 2017
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Tuesday, November 28, 2017
#BoardOfDirectors Grace A. Huebscher Elected to Freddie Mac Board of Directors http://bit.ly/2BrPauF
#BoardOfDirectors Grace A. Huebscher Elected to Freddie Mac Board of Directors http://bit.ly/2BrPauF
— Muzaffaruddin Alvi (@Muzaffar1969) November 27, 2017
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#BoardOfDirectors ASEC Board of Directors’ Meeting Minutes October 17, 2017 http://bit.ly/2zwUgEn
#BoardOfDirectors ASEC Board of Directors' Meeting Minutes October 17, 2017 http://bit.ly/2zwUgEn
— Muzaffaruddin Alvi (@Muzaffar1969) November 27, 2017
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#BoardOfDirectors BRIEF-Grace A. Huebscher Elected To Freddie Mac Board Of Directors http://bit.ly/2BttSwS
#BoardOfDirectors BRIEF-Grace A. Huebscher Elected To Freddie Mac Board Of Directors http://bit.ly/2BttSwS
— Muzaffaruddin Alvi (@Muzaffar1969) November 27, 2017
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#BoardOfDirectors NASL wants Steve Malik removed from USSF board of directors http://bit.ly/2ztaNcK
#BoardOfDirectors NASL wants Steve Malik removed from USSF board of directors http://bit.ly/2ztaNcK
— Muzaffaruddin Alvi (@Muzaffar1969) November 27, 2017
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Monday, November 6, 2017
#BoardOfDirectors Rebuilding Together Board of Directors Host Rebuild in Honor of Veterans Day http://bit.ly/2iybIRG
#BoardOfDirectors Rebuilding Together Board of Directors Host Rebuild in Honor of Veterans Day http://bit.ly/2iybIRG
— Muzaffaruddin Alvi (@Muzaffar1969) November 5, 2017
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Wednesday, September 20, 2017
#BoardOfDirectors Intarcia Strengthens Board of Directors for Next Stage of Growth – PR Newswire (press release… http://bit.ly/2xkzlWH
#BoardOfDirectors Intarcia Strengthens Board of Directors for Next Stage of Growth – PR Newswire (press release… http://bit.ly/2xkzlWH
— Muzaffaruddin Alvi (@Muzaffar1969) September 19, 2017
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Monday, June 26, 2017
SM Kennison on Twitter: “The best humor tells the truth. There’s a pathological lying disorder, occurs with narcissistic personality and problems w/ impulse control https://t.co/tuFD9Rs4rR”
200) && (this.width >= this.height) ? 200: true); max-height: 200px; height: expression((this.height > 200) && (this.height >= this.width) ? 200: true); border: none;’/>“The best humor tells the truth. There’s a pathological lying disorder, occurs with narcissistic personality and problems w/ impulse control”
posted by friends:
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VÃa All News on ‘The Twitter Times: Muzaffar69/corpgov’ https://twitter.com/skennison/status/878958909360353280
Wednesday, June 14, 2017
ETFs in Focus on Macron’s Likely Parliamentary Election Win
President Emmanuel Macron’s centrist party, Republic on the Move, and its ally, MoDem, secured 32.3% votes in the first round of the legislative elections amid concerns over a record low voter turnout of just 49%. Les Republicains and its allies took 21.56% of the votes. The far-right Front National secured 13.2%, while the Socialist Party could bag only 9.5% of the votes. Other parties urged voters to go on to vote in the second round of the elections, in order to avoid a major stronghold and concentration of powers in the hands of a few.
Per projections by Ipsos, Macron’s party and its allies could have between 415 and 455 seats out of the 577 seats in the lower house. If the results are confirmed in the second round of the elections on June 18, 2017, it’ll give a solid majority to Macron which will help him further his policies and plans to redefine France’s economy.
Emmanuel Macron secured presidency with his one-year-old political party. This is reflective of the fact that French people have a changed mindset and are not anymore depending on mainstream parties to tackle issues faced by their country. The French President needs to address multiple issues being faced by the economy. High unemployment, economic growth worries, and high terrorism threats are some of the issues that are perhaps on the top of Macron’s agenda (read: What Makes These Europe ETFs Still Roaring).
The President seems to have adopted an unusual approach given that a majority of his candidates have no prior political experience. In order to tackle his country’s woes, Macron will need a majority in the parliament so that he can carry out his agenda without much hindrance and resistance (read: French Election Soothes Sentiments: ETFs Likely to Benefit).
Let us now discuss a few ETFs focused on providing exposure to the French economy.
iShares MSCI EMU ETF EZU
This ETF is a play on developed European economies using the common currency with a focus on large and mid-cap equities.
It has AUM of $13.01 billion and charges 48 basis points in fees per year. The fund has a 32.29% allocation to France, 29.33% to Germany and 10.87% to Netherlands (as of June 9, 2017). From a sector look, Financials, Industrials and Consumer Discretionary are the top three allocations of the fund, with 19.84%, 15.19% and 13.58% exposure, respectively (as of June 9, 2017). Total SA, Sanofi SA, and Siemens AG are the top three holdings of the fund, with 2.65%, 2.48% and 2.45% exposure, respectively (as of June 9, 2017). It has returned 18.79% year to date and 29.7% in the last one year (as of June 12, 2017). It has a Zacks ETF Rank #1 (Strong Buy) with a Medium risk outlook.
SPDR Euro STOXX 50 ETF FEZ
This fund is appropriate for investors looking to gain diversified exposure to equities of the euro zone.
It has AUM of $3.97 billion and charges 29 basis points in fees per year. The fund has a 35.77% allocation to France, 33.21% to Germany and 10.88% to Spain (as of June 9, 2017). From a sector look, Financials, Industrials and Consumer Discretionary are the top three allocations of the fund, with 22.04%, 14.47% and 11.18% exposure, respectively (as of June 9, 2017). Total SA, Siemens AG, and Sanofi SA are the top three holdings of the fund, with 4.60%, 4.51% and 4.16% exposure, respectively (as of June 9, 2017). The fund has returned 17.66% year to date and 29.45% in the last one year (as of June 12, 2017). It has a Zacks ETF Rank #1 with a Medium risk outlook.
Vanguard FTSE Europe ETF VGK
This fund seeks to invest in developed European economies and is one of the most popular funds in its space.
It has AUM of $17.7 billion and charges 10 basis points in fees per year. The fund has a 29.1% allocation to the U.K, 14.7% to France and 14.5% to Germany (as of April 30, 2017). From a sector look, Financials, Industrials and Consumer Non-Cyclical are the top three allocations of the fund, with 19%, 14% and 13% exposure, respectively. Nestle SA, Royal Dutch Shell Plc, and Roche Holdings AG are the top three holdings of the fund, with 2.5%, 2.2% and 2% exposure, respectively (as of April 30, 2017). It has returned 16.77% year to date and 24.10% in the last one year (as of June 12, 2017). It has a Zacks ETF Rank #1 with a Medium risk outlook (read: What Does UK Hung Parliament Mean for Europe ETFs?).
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ISHARS-EMU IDX (EZU): ETF Research Reports
SPDR-EU STX 50 (FEZ): ETF Research Reports
VANGD-FTSE EUR (VGK): ETF Research Reports
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Zacks Investment Research
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June 14, 2017 at 02:01AM
from Zacks Equity Research
Science Applications (SAIC) Q1 Earnings Beat, Revenues Miss
Science Applications International Corp. SAIC reported first-quarter fiscal 2018 adjusted earnings of $1.08 per share, which increased 35% from the year-ago quarter and also beat the Zacks Consensus Estimate by 8 cents.
However, revenues decreased 9% from the year-ago quarter to $1.10 billion and missed the Zacks Consensus Estimate of $1.11 billion.
Shares decreased almost 10.07% in pre-maket trading, following the earnings announcement on Jun 12.
We note the shares have massively underperformed the Zacks IT Services Industry on a year-to-date basis. While the stock lost 8.4%, the industry gained 11.3% over the same time frame.
Quarter in Details
Per management, one of the reasons for declining revenues was an additional week in the prior-year quarter. Revenues contracted 2% when the numbers of that week were adjusted.
Customer budget constraints and contract losses were two other reasons cited for the not-so-impressive performance. However, the negatives were partially offset by platform integration programs yielding higher revenues and a new information technology contract supporting the U.S. Army.
Net bookings for the quarter were approximately $1.3 billion, which reflects a book-to-bill ratio of approximately 1.2 in the quarter. During the quarter, the company won contracts from the U.S. Environmental Protection Agency, U.S. Intelligence Community, U.S. Navy – Space and Naval Warfare Systems Center Atlantic and NASA GSFC Omnibus Multidisciplinary Engineering Services.
The estimated value of proposals submitted by the company is approximately $13.2 billion, down from $2.3 billion from the last quarter.
Adjusted EBITDA declined 15.1% year over year to $73 million. EBITDA margin contracted 50 basis points (bps) on a year-over-year basis to 6.6%.
Adjusted operating income margin contracted 30 bps to 5.7% in the reported quarter. However, including acquisition and integration costs in the year-ago quarter, reported operating margin expanded 30 bps, reflecting benefits from cost savings initiatives.
Balance Sheet & Cash Flow
Science Applications ended the quarter with cash and cash equivalents of $207 million.
Total debt was over $1 billion, which equates to a leverage ratio of approximately three times debt-to-adjusted EBITDA at the end of the reported quarter.
Operating cash flow was $88 million and free cash flow was $84 million compared with $62 million and $58 million in the prior quarter, respectively. The company spent $52 million in cash dividends and for repurchasing shares and repaid $9 million of debt in the quarter.
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
Price, Consensus and EPS Surprise
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Price, Consensus and EPS Surprise | SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Quote
Outlook
Management expects EBITDA margin to be 10 bps lower than the year-ago quarter, impacted by platform integration programs.
The company expects fiscal 2018 revenue run rate to be almost in line with fiscal 2017.
The company positively revised free cash flow estimates for fiscal 2018 to $240 million, primarily based on excess tax benefits on stock-based compensation.
Science Applications expects to pay dividends worth $55 million and make total debt repayments of approximately $25 million. The remainder of the cash in excess of $150 million will be used to buy back shares and for acquisition purposes.
Zacks Rank & Stocks to Consider
Currently, Science Applications has a Zacks Rank #3 (Hold).
Better-ranked stocks in the broader sector include Applied Optoelectronics, Inc. AAOI, DST Systems DST and Dassault Systemes DASTY. While Applied Optoelectronics sports a Zacks Rank #1 (Strong Buy), DST Systems and Dassault Systemes carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings growth rates for Applied Optoelectronics, DST and Dassault is currently projected to be 20%, 10% and 11.9%, respectively.
Zacks ‘2017 IPO Watch List
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One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth.
Download this IPO Watch List today for free >>
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DST Systems, Inc. (DST): Free Stock Analysis Report
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report
Dassault Systemes SA (DASTY): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
June 14, 2017 at 02:01AM
from Zacks Equity Research
Smoke Detected Coming from Crippled Chernobyl Nuclear Power Plant
Ukraine’s nuclear regulatory body reported smoke at one of the rooms at Unit 3 in Chernobyl, adding that it was briefly “liquidated” by the state emergency personnel and the radiological situation at the site…
June 14, 2017 at 02:00AM
from IWB
Tuesday, June 13, 2017
Bernie Sanders trolls Republicans for secrecy on healthcare bill by tweeting blank piece of paper
Sen. Bernie Sanders on Monday tweeted an image of a blank piece of paper on Monday, joking it was the schedule for hearings on the GOP healthcare bill.
“BREAKING: Senate Republicans just released the schedule of hearings, committee markups and public testimony for their health care bill,” Sanders’ account tweeted.
Senate Republicans have been writing their own version of the House GOP’s American Health Care Act aimed at repealing and replacing Obamacare. But they have so far not held any hearings on the bill, nor have they released any legislative text.
According to reports, Senate GOP leaders are not planning to release their bill until it goes to committee for a vote.
Sanders also retweeted Greg Sargent, a liberal blogger at The Washington Post, who joked that the blank sheet also contained the yet-to-be-released bill text.
Sanders follows Sen. Claire McCaskill, who asked Senate Finance Committee Chair Orrin Hatch if Republicans were planning to have any hearings on their bill during a hearing last week with Health and Human Services Secretary Tom Price.
Here’s the tweet:
BREAKING: Senate Republicans just released the schedule of hearings, committee markups and public testimony for their health care bill. http://pic.twitter.com/iHtXyZqyMW
— Bernie Sanders (@SenSanders) June 12, 2017
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NOW WATCH: ‘Our democracy is at risk’: Watch Rep. Al Green call for Trump’s impeachment
June 13, 2017 at 02:04AM
from Bob Bryan
The very dark warning from billionaire investor Ray Dalio
Hedge-fund billionaire Ray Dalio warned investors in a LinkedIn post that similar political situations in the past have led to
June 13, 2017 at 01:47AM
from
George Hall Ramps Up Holdings in Three Semiconductor Giants: Advanced Micro Devices, Inc. (AMD), NVIDIA Corporation (NVDA), Intel Corporation (INTC)
June 13, 2017 at 02:04AM
from
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