Showing posts from October, 2015

Skechers Is No Sketch Comedy

Skechers Is No Sketch Comedy The footwear speedster gets tripped up after a disappointing quarter.
Skechers(NYSE:SKX) executed a 3-for-1 stock split on Oct. 16. Every shareholder received two additional shares with the stock dropping to a third of its previous price. It was a zero-sum game. There was an unintentional 3-for-2 stock split a week later after the athletic footwear maker posted disappointing quarterly results, but investors didn't receive any more stock.

Yes, that's a lighthearted way to describe the gloomy aftermath following Skechers' rough quarter last week. The stock shed nearly a third of its value on Oct. 23 as growth decelerated, particularly at its domestic wholesale division that was rolling at a torrid pace before last week's letdown. The market had been spoiled in previous quarters.

The stock's 31.5% hit in a single day hurts -- that's no joking matter -- but it's hard for longtime investors to complain. The stock has nearl…

Zalemark Holding Co. Enters into a $1 Million Equity Purchase Agreement with Kodiak Capital Group, LLC

Zalemark Holding Co. Enters into a $1 Million Equity Purchase Agreement with Kodiak Capital Group, LLC

Zalemark Holding Co. (ZMRK), today announced that it has entered into a $1 million common stock purchase agreement with Kodiak Capital Group, LLC, a Newport Beach, California-based institutional investor. Zalemark is an award winning product design, development, manufacturing and distribution Company that develops and markets strategic jewelry brands such as, Crayola(R) Fine Jewelry, Mars(R) M&M's(R) Jewelry Brand, and Demeter(R) Fine Jewelry.

Zalemark has agreed to file a registration statement with the U.S. Securities and Exchange Commission covering the shares that may be issued to Kodiak under the terms of the common stock purchase agreement. After the SEC has declared the registration statement related to the transaction effective, Zalemark will have the right at its sole discretion over a period of one year to sell up to $1 million of common stock under the …

Aethlon Medical's Biofiltration Platform Tackles Everything from Ebola to Cancer: CEO James Joyce

Aethlon Medical's Biofiltration Platform Tackles Everything from Ebola to Cancer: CEO James Joyce Source: Gail Dutton of The Life Sciences Report  (10/28/15)
Aethlon Medical Inc. has pioneered a novel biofiltration platform that was used effectively against Ebola in 2014. Now this broad-spectrum platform is being tested against cancer and other life-threatening diseases. Aethlon CEO James "Jim" Joyce tells The Life Sciences Report how this device is helping transform modern healthcare.
The Life Sciences Report:Aethlon Medical Inc. (AEMD:NASDAQ) has developed a novel affinity biofiltration platform that removes disease-enabling particles from the bloodstream. How effective is it, and what makes it so effective?

James Joyce: At Aethlon Medical, we have established an expansive therapeutic platform that allows us to target a wide range of disease-promoting targets from the circulatory system. …

New Global Energy, Inc. is Aquaculture, Agriculture and Health & Wellness

New Global Energy, Inc. is a public company focused on acquiring high-growth firms, assets and properties in Aquaculture, Agriculture and Health & Wellness.
New Global Energy, Inc. (NGEY) ("NGEY") ("the Company"), a public company focused on Aqua-Farming, Agriculture, and Health & Wellness, announced today that it has launched the tilapia spawning season at its farm in California's Coachella Valley with a record number of fish. New financing commitments from outside investors mean the coming year should prove to be record setting in terms of the number of sustainable fish grown and ultimately sold on the company's farm.
October is a critical month for planning and preparation since fish are seasonal and the new fingerlings will reach sufficient size from October through mid-November before temperature drops and will survive the mildly cold months of December and January. To help insure strong growth and because consumers increasingly de…

Walgreens Boots Alliance near deal to buy Rite Aid - WSJ

Walgreens Boots Alliance near deal to buy Rite Aid - WSJ Walgreens Boots Alliance, Inc. 92.89+3.41(+3.81%) NASDAQ1:02 PM EDT Walgreens Boots Alliance near deal to buy Rite Aid - WSJReuters 9 mins ago Walgreens might buy Rite Aid and the stock is going nuclearBusiness Insider 17 mins ago Oct 27 (Reuters) - Drugstore operator Walgreens Boots Alliance Inc is in advanced talks to buy smaller rival Rite Aid Corp, the Wall Street Journal reported, citing people familiar with the matter. A deal is expected to be announced by Wednesday, the newspaper said. ( Rite Aid's shares were up 42 percent at $8.58. Walgreen's shares were up 4.2 percent at $93.46.

NXT-ID, Inc. CEO Participating in Nasdaq Closing Bell Ceremony at Money 20/20

NXT-ID, Inc. CEO Participating in Nasdaq Closing Bell Ceremony at Money 20/20 NXT-ID, Inc. OXFORD, Connecticut, October 27, 2015 /PRNewswire/ --

NXT-ID, Inc. (NXTD) CEO Gino Pereira will be participating at the Nasdaq Closing Bell Ceremony today at Money 20/20. The ceremony will be streamed live and can be watched at or on television networks like CNBC, Fox Business or Bloomberg right at 4:00pm ET when the markets close.

NXT-ID, Inc. is demonstrating Wocket® Smart Wallet at the conference taking place at the Venetian Resort in Las Vegas, Nevada, October 25th to October 28th, 2015.

Wocket® is the smartest wallet you'll ever own. Designed to protect your identity and replace your old wallet, simply swipe and save your cards into Wocket once and they are immediately secured with pin and biometric voice print technology.  Without ever needing a smartphone, you can choose a card from the touch screen and Wock…

Ford misses on earnings, but the third quarter was its best ever in North America

Ford misses on earnings, but the third quarter was its best ever in North AmericaBy Matthew DeBord
Ford reported third quarter earnings on Tuesday.

They were slightly lower than analysts expectations. The company earned $0.45 per share. Analysts surveyed by Bloomberg were expecting $0.47 per share.

Revenue was $38.1 billion.

Higher taxes cut into Ford's profit for the quarter, Reuters reported.

Ford posted its best-ever quarter in North America, driven by sales of the F-150 full-size pickup, which was redesigned to use more lightweight aluminum in its construction.

There were issues with supply of the new truck that weighed on Ford sales earlier in the year. But in the third quarter, the car maker delivered over 207,000 pickups.
The auto market in the US has been booming. It's on a pace to see 17.5 million in new vehicle sales by December.
“We are delivering a breakthrough year,” said CEO Mark Fields in a statement.

Skechers Is Even More Attractive After Earnings Release

Skechers Is Even More Attractive After Earnings ReleaseAbout:Skechers USA Inc. (SKX)
Summary The global footwear industry will grow at a CAGR of 1.72% by 2020. 
Skechers expects to double its business over the next five years. 
Skechers GoWalk should keep adding more sales in the coming quarters. 
While investors were enjoying the tech rally last week, the shoe stocks fell sharply after earnings announcement of Under Armour (NYSE:UA) and revenue miss of Skechers USA (NYSE:SKX). Although Skechers delivered strong earnings growth in the latest quarter, the soft sector outlook and thus ability to maintain a high double-digit top-line growth in a very competitive industry is now a major concern. Resultantly, Skechers plunged due to deteriorated investor sentiment and lost 31.50% value in one day.

Skechers share price is on a consistent rise since 2014 driven by strong top as well as bottom-line growth. After the crash, Skechers is still outperformer, up 75% YTD. Ske…

Brokerages Set Horizon Pharma PLC PT at $37.88 (NASDAQ:HZNP)

Brokerages Set Horizon Pharma PLC PT at $37.88 (NASDAQ:HZNP)Posted on October 25, 2015 Horizon Pharma PLC (NASDAQ:HZNP) has received a consensus recommendation of “Buy” from the eleven research firms that are presently covering the stock, MarketBeat.Com reports. Two analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $37.88.

Shares of Horizon Pharma PLC (NASDAQ:HZNP) opened at 17.06 on Thursday. The stock’s market capitalization is $2.72 billion. The company’s 50-day moving average price is $22.48 and its 200 day moving average price is $29.63. Horizon Pharma PLC has a one year low of $11.87 and a one year high of $39.49.

Horizon Pharma PLC (NASDAQ:HZNP) last posted its quarterly earnings data on Friday, August 7th. The biopharmaceutical company reported $0.39 EPS for the quarter, topping the consensus est…

Rocky Mountain High Brands, Inc. (RMHB) to Produce New 'Snow Flake' Graphic Cans This Week

Rocky Mountain High Brands, Inc. (RMHB) to Produce New 'Snow Flake' Graphic Cans This Week DALLAS, TX--(Marketwired - Oct 26, 2015) -

Rocky Mountain High Brands, Inc. (OTC PINK: RMHB) announced today that the new 'Snow Flake' graphic cans of Rocky Mountain High beverages will be produced this week. The new graphic design is targeted specifically for large National / Regional retail accounts. The production run will also feature the introduction of a white can with colored mountains for all five (5) products, an infusion of 100 mg of hempseed extract in each can versus the previous 50 mg, the brand new 15 calorie Mango Energy drink sweetened with stevia and agave nectar, and now both energy drinks will contain 120 mg of caffeine.

The New Mango Snow Flake Can is viewable on the Products page:

"A record breaking expanded production run of 96,000 cases will be produced this week," said Tom Shuman, Presi…

Here's Why Horizon Pharma Plc Is Soaring Today

Here's Why Horizon Pharma Plc Is Soaring Today Horizon Pharma's stock rebounds after management counters a negative New York Times article about the company's commercial practices. What:

Shares of Horizon Pharma plc(NASDAQ:HZNP), a specialty biopharmaceutical company, climbed by over 30% today on heavy volume. This rally was catalyzed by a public letter from the company rebuking a New York Times article that suggested that Horizon was circumventing attempts by pharmacy benefits managers like Express Scripts (NASDAQ:ESRX) to lower drug prices by using mail-in specialty pharmacies.

Source: Horizon Pharma

In a nutshell, the article states that Horizon uses specialty pharmacies to handle reimbursement from payers, as well as the delivery of prescription drugs to patients via the mail. The basic idea is to discourage the use of cheaper generics in place of combo drugs like Duexis and Vimovo that command a premium price. 

So what

Horizon's rebuttal centered on the …

Revenue miss at Skechers has investors scrambling

Revenue miss at Skechers has investors scramblingBy:Clark Schultz,  Shares of Skechers (NYSE:SKX) look set up to get scorched today after Q3 revenue fell short of analyst estimates.
A retreat by the footwear stock was anticipated by some after the 150% YTD run. Some investors are concerned over the big 38% Y/Y jump in inventory reported last night by Skechers. That issue was taken up in detail by management during the earnings call when they expressed confidence that the inventory level was consistent with Q4 orders.
The earnings report from Skechers has some investment firms scrambling to reset targets lower, although Morgan Stanley isn't one of them and has doubled down on its Overweight rating and $46 PT.
Skechers earnings call transcript

Schlumberger Limited's Ominous Warning to Oil-Field Service Investors

Schlumberger Limited's Ominous Warning to Oil-Field Service Investors The oil-field service king doesn’t see a recovery happening in North American activity next year, which is abysmal news for weaker competitors like C&J Energy Services.
Image source: Nestor Galina via Flickr. 
Schlumberger Limited (NYSE:SLB) has an ominous warning for the oil-field service industry and its investors. When the company peers into its admittedly cloudy crystal ball, it doesn't see oil and gas activity levels in North American land nor pricing improving at all next year. It's an outlook that will have an impact on Schlumberger's results. However, it will be a bigger blow to much smaller rivals like C&J Energy Services(NYSE:CJES).

Pushing back the recovery

On Schlumberger's third-quarter conference call, the company basically pushed back any thoughts of a recovery in the oil-field service market until 2017. While it expects oil prices to recover next year, its view is …

Rocky Mountain High Brands, Inc.'s (RMHB) President Is Keynote Speaker at Boca Raton Country Club

Rocky Mountain High Brands, Inc.'s (RMHB) President Is Keynote Speaker at Boca Raton Country Club

Rocky Mountain High Brands, Inc. 
DALLAS, TX--(Marketwired - Oct 22, 2015) - 
Rocky Mountain High Brands, Inc. (OTC PINK: RMHB) announced today that Tom Shuman, President and CEO, was the keynote speaker at the Boca Raton Country Club on Tuesday evening as he addressed the South Florida Stock and Bond Club. 
The Stock and Bond Club of South Florida is a leading association of financial and investment professionals in South Florida. The members' network meets with their colleagues on a regular basis to share new investment opportunities, business development techniques, financial planning strategies and career prospects. Monthly meetings are sponsored by highly regarded public companies seeking to share their success story with qualified members of the financial community -- including advisors, planners, brokers, analysts, and the media.

Tom …