Game company King.com filed its F1 form with the Securities and Exchange Commission on Tuesday for an initial public offering. The company plans to trade on the New York Stock Exchange under the ticker symbol "KING." The company did not disclose the stock's IPO price. Banks JP Morgan, Credit Suisse Securities and BofA Merrill Lynch will lead the offering.
The company will attempt to raise as much as $500 million for the IPO.
According to its IPO filing, King boasted an average of 128 million daily active users last month who played their games more than 1.2 billion times a day. The smash hit Candy Crush Saga, which first launched on Facebook before surging in popularity on mobile devices, makes up a significant portion of those numbers. The game has 93 million daily active users who played 1 billion times a day.
Best Up And Coming Stocks To Watch Right Now: Northern Oil and Gas Inc.(NOG)
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the Williston Basin Bakken play, the United States. As of June 30, 2011, the company?s principal assets included approximately 158,046 net acres located in the northern region of the United States; and 439 gross wells. Northern Oil and Gas, Inc. is based in Wayzata, Minnesota.
Advisors' Opinion:- [By Bret Jensen]
Northern Oil & Gas (NOG) is another slightly bigger (~$1B market capitalization) Bakken player that should benefit from the same well completion techniques that Whiting is currently pioneering. The company is growing revenues in the mid-teens and analysts expect this to continue in FY2014 and beyond.
- [By Matt DiLallo]
4. Northern Oil & Gas (NYSEMKT: NOG )
Bakken-focused Northern Oil & Gas delivered oil production growth of 93.4% last year. The company spent about $485 million to drill a total of 48.3 net wells, which delivered that production growth. What's unique about Northern is that it typically just takes a small, non-operated stake in each well, as the company actually participated in the drilling of 563 gross wells last year. That spreads its risk, as one dry hole won't have much of an impact on its returns. The company plans to continue to grow its oil production this year, as it's currently working with its partners to drill 152 gross (12.2 net) wells to keep oil production growing.
Best Up And Coming Stocks To Watch Right Now: Acadia Healthcare Company Inc (ACHC)
Acadia Healthcare Company, Inc., incorporated on October 24, 2005, is a provider of inpatient behavioral healthcare services in the United States. The Company's principal business is to develop and operate inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities and facilities providing outpatient behavioral health services in the United States. In January 2014, the Company announced that it has completed the acquisition of inpatient psychiatric facilities in Seattle, Washington, and Riverside, California.
In December 2011, the Company closed three outpatient facilities and a 24-bed substance abuse facility acquired from PHC on November 1, 2011. The Company's facilities and services consists of acute inpatient psychiatric facilities; residential treatment centers, group homes, therapeutic group homes and foster care; substance abuse centers; outpatient community-based services, and other behavioral services, including specialized educational services and call centers.
Acute Inpatient Psychiatric Facilities
The Company�� acute inpatient psychiatric facilities provide a high level of care in order to stabilize patients that are either a threat to themselves or to others. The acute setting provides 24-hour observation, daily intervention and monitoring by psychiatrists. The Company's facilities, which offer acute care services provide evaluation and crisis stabilization of patients with severe psychiatric diagnoses through a medical delivery that incorporates structured and intensive medical and behavioral therapies with 24-hour monitoring by a psychiatrist, psychiatric trained nurses, therapists and other direct care staff. As of December 31, 2011, the Company operated 10 facilities that provided acute care services in addition to other services.
Residential Treatment Centers/Group Homes
The Company�� residential treatment centers treat patients with behavioral disorders in a non-hospit! al setting. The facilities balance therapy activities with social, academic and other activities. The Company provides residential treatment care through a medical model residential treatment facility, which offers intensive, medically-driven interventions and individualized treatment regimens designed to deal with moderate to high level patient acuity. Treatment is provided by an interdisciplinary team coordinating psychopharmacological, individual, group and family therapy, along with specialized accredited educational programs in both secure and unlocked environments. As of December 31, 2011, the Company operated 14 facilities that provided residential treatment care, in addition to other services.
The Company's group home programs provide family-style living for youths in a single house or apartment within residential communities where supervision and support are provided by 24-hour staff. The Company also operates therapeutic group homes that provide treatment services for seriously, emotionally disturbed adolescents. The Company also manages therapeutic foster care programs, which are considered the least restrictive form of therapeutic placement for children and adolescents with emotional disorders. As of December 31, 2011, the Company operated three facilities that provided group home and therapeutic group home services.
Outpatient Community-Based Services
The Company's community-based services are provided for two age groups: children and adolescents (seven to 18 years of age) and young children (three months to six years of age). Community-based programs are designed to provide therapeutic treatment to children and adolescents who have a clinically-defined emotional, psychiatric or chemical dependency disorder while enabling the youth to remain at home and within their community. Community-based programs developed for these age groups provide an array of therapeutic services to children. As of December 31, 2011, the Company operated eight facilities that! provided! community-based services.
Substance Abuse Centers
The Company�� Substance abuse centers (or SACs) provide a continuum of care for adults with addictive disorders and co-occurring mental disorders. The Company's detox, inpatient, partial hospitalization and outpatient treatment programs give patients access to the least restrictive level of care. As of December 31, 2011, the Company operated two SACs.
Specialized Education Services and Other Behavioral Services
The Company's education programs provide an educational experience to children and adolescents having special education needs. In some states, the Company provides educational services on an extended school year basis. The Company also has charter schools that utilize teaching methods that address therapeutic needs particular to learning and behavioral deficits of the students. The Company's education services also include vocational education and training that may allow those residents to become employable in entry level positions in the communities in, which they reside. GED preparation courses are also offered for students who require assistance in developing test-taking skills and who would benefit from tutoring services. As of December 31, 2011, the Company operated 11 facilities that provided educational services.
The Company also offers a variety of other behavioral health services for specialized populations who need specific treatment methods. Programs include at risk infant and children clinics, sexually maladaptive behavior (SMB) programs, programs for adolescent females, programs for the mentally retarded and developmentally disabled youth and programs for severe and persistently mentally ill youths.
Call Center Operations
The Company provides management , administrative and help lines services. The Company provides these servicesthrough contracts with railroads and a call center contract with Wayne County, Michigan.
The Company ! competes ! with UHS, Aurora Behavioral Health Care (Aurora) and Ascend Health Corporation (Ascend).
Advisors' Opinion:- [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]
Acadia Healthcare Co.(ACHC) Inc. agreed to acquire U.K.-based independent behavioral-health services firm Partnerships in Care for roughly $660 million, providing a foothold in Britain.
Top Performing Companies To Watch In Right Now: LogMein Inc.(LOGM)
LogMeIn, Inc. provides on-demand, remote-connectivity, collaboration, and support solutions to small and medium-sized businesses, information technology (IT) service providers, mobile carriers, and consumers in the United States and internationally. Its services include remote user access services, which allow users to access computers and other Internet-enabled devices to continue working while away from the office or to access personal systems while away from home; remote support and management services to deliver support and management of IT resources remotely; and remote collaboration to conduct online meetings and share documents, images, and their desktop with other users. The company?s remote user access services comprise LogMeIn Free, a free remote access service, which provides secure access to a remote computer or other Internet-enabled device; LogMeIn Pro, a remote access service; LogMeIn Hamachi, a hosted virtual private network service; and LogMeIn Ignition, a service that delivers access to remote computers that subscribe to LogMeIn Free or LogMeIn Pro. Its remote support and management services consist of LogMeIn Rescue, a Web-based remote support service to support remote computers and applications, and assist computer users via the Internet; LogMeIn Rescue+Mobile, an add-on of LogMeIn Rescue?s Web-based remote support service to remotely access and support smartphones and tablet computers; LogMeIn Central, a Web-based management console; and LogMeIn Backup, a service that subscribers install on two or more computers to create a backup network. The company?s remote collaboration services include join.me and join.me pro, which are browser-based online meetings and screen sharing services. LogMeIn, Inc. has a strategic agreement with Intel Corporation. The company was formerly known as 3am Labs, Inc. and changed its name to LogMeIn, Inc. in March 2006. LogMeIn, Inc. was founded in 2003 and is headquartered in Woburn, Massachu setts.
Advisors' Opinion:- [By Rich Smith]
Remote-access software maker LogMeIn (NASDAQ: LOGM ) reported strong Q1 earnings Thursday evening, beating analyst estimates on both profits and revenues, and guiding investors to expect higher-than-consensus earnings for both Q2 and the full year. LogMeIn said it earned $0.12 per share in the fiscal first quarter, will earn $0.11 to $0.12 in Q2, and keep on that track, with about $0.48 per share at the midpoint of guidance for the year.
- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, we're focusing on tech stocks, as analysts pull back on Facebook (NASDAQ: FB ) and Dolby Labs (NYSE: DLB ) , but become more bullish on LogMeIn (NASDAQ: LOGM ) . Let's start with that last one.
Best Up And Coming Stocks To Watch Right Now: Dominion Resources Inc. (D)
Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. It operates in three segments: DVP, Dominion Generation, and Dominion Energy. The DVP segment includes regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. This segment also involves in non regulated retail energy marketing of electricity and natural gas. The Dominion Generation segment includes the electricity generation through coal, nuclear, gas, oil, and renewables; and related energy supply operations. It also comprises generation operations of the company?s merchant fleet and energy marketing, and price risk management activities for these assets. The Dominion Energy segment includes the company?s Ohio and West Virginia regulated natural gas distribution companies, regulated gas transmission pipeline and storage operations, natural gas gathering and by-products extraction activities, and regulated LNG import and storage operations. It also provides producer services, which aggregates natural gas supply; engages in natural gas trading and marketing activities; and involves in natural gas supply management. The company?s portfolio of assets includes approximately 27,615 MW of generation; 6,100 miles of electric transmission lines; 56,800 miles of electric distribution lines; 11,000 miles of natural gas transmission, gathering, and storage pipeline; and 21,800 miles of gas distribution pipeline. Dominion Resources, Inc. also owns approximately 947 bcf of storage capacity of natural gas and serves retail energy customers in 14 states. In addition, it sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. The company was founded in 1909 and is headquartered in Richmond, Virginia.
Advisors' Opinion:- [By Shauna O'Brien]
Before Wednesday’s opening bell, Dominion Resources, Inc. (D) reported lower second quarter earnings, but matched analysts’ estimates.
D’s Earnings in Brief
The company reported second quarter earnings of $159 million, or 27 cents per share, down from $202 million, or 35 cents per share, a year ago. Operating earnings remained flat at 62 cents per share, matching analysts’ view of 62 cents per share. Looking forward, D expects to see third quarter earnings between 90 cents and $1.05 per share. Analysts expect to see Q3 earnings of $1.00.CEO Commentary
Thomas Farrell II, chairman, president and CEO commented: “Our second-quarter results came in the upper half of our guidance range of $0.55 to $0.65 per share. Excluding the two cents per share impact of milder than normal weather, second quarter earnings would have been at the top of our range.”
D’s Dividend
The company paid its last 60 cent quarterly dividend on June 20. We expect D to declare its next dividend in August.
Stock Performance
Dominion Resources shares were mostly flat during pre-market trading Wednesday. The stock is up 8.1% YTD.
D Dividend SnapshotAs of market close on July 29, 2014
Click here to see the complete history of D dividends.
- [By Arjun Sreekumar]
New infrastructure additions
The first of those facilities ��the expanded Natrium processing plant in Marshall County, W.V., built by Blue Racer Midstream, a joint venture between Dominion (NYSE: D ) and Caiman Energy ��came on line earlier this month, reporting recent flows at more than 80% of its 200,000 Mcfpd capacity, according�to data from Bentek Energy, while the second facility ��a processing complex in Columbiana and Harrison counties ��is expected to open midyear. - [By Rich Duprey]
Dominion Resources (NYSE: D ) agreed just last month to sell interests in three power plants to private equity, while Ameren (NYSE: AEE ) is unloading five coal-fired plants to Dynegy.
Best Up And Coming Stocks To Watch Right Now: Microchip Technology Incorporated(MCHP)
Microchip Technology Incorporated, together with its subsidiaries, develops, manufactures, and sells semiconductor products for various embedded control applications. It offers a family of microcontroller products that include 8-bit, 16-bit, and 32-bit PIC microcontrollers; and 16-bit dsPIC digital signal controllers, which feature on-board flash memory technology. The company also provides a set of application development tools that enable system designers to program a PIC microcontroller and dsPIC DSC for specific applications. In addition, it offers analog and interface products, which consist of various families with approximately 600 power management, linear, mixed-signal, thermal management, safety and security, and interface products. Further, the company provides memory products comprising serial electrically erasable programmable read-only memory. Its products are used in various applications in automotive, communications, computing, consumer, and industrial contr ol markets. Microchip Technology Incorporated markets its products primarily through a network of direct sales personnel and distributors in the Americas, Europe, and Asia. The company was founded in 1989 and is based in Chandler, Arizona.
Advisors' Opinion:- [By Lauren Pollock]
Microchip Technology Inc.(MCHP) agreed to acquire fellow semiconductor manufacturer Supertex for about $394 million to strengthen its analog business. Shares surged 36% to $33.05 premarket, topping the offer price of $33 a share.
- [By Jon C. Ogg]
Microchip Technology Inc. (NASDAQ: MCHP) was raised to Buy from Neutral with a $46 price target at Goldman Sachs.
Network Appliances Inc. (NASDAQ: NTAP) was downgraded to Equal Weight from Overweight with a new $46 price target by Barclays.
- [By Srdjan Bejakovic]
In the first quarter, semiconductor maker Atmel� (NASDAQ: ATML ) recorded $337 million in revenue, $7 million above the upper end of its own guidance range. Additionally, management claims that 2014 will be a year of growth and increased profitability for the company, driven by continuing demand for microcontrollers and an improving picture in Atmel's touch business. What's lying behind the surprising revenue numbers, and can Atmel prosper in spite of increasing competition from such solid companies as Microchip Technologies� (NASDAQ: MCHP ) and Synaptics (NASDAQ: SYNA ) ?
No comments:
Post a Comment