This is an update of my preceding article on North Atlantic Drilling(NYSE:NADL), published on May 30, 2016, about the 1Q’16 results.
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The West Phoenix – Courtesy of NADL.
NADL conference call transcript from Seeking Alpha. Click here.
Complete Fleet Analysis as of August 25, 2016
Here’s an overview of the fleet status:
stock market day trading: Xerium Technologies Inc.(XRM)
- [By kiplinger]
52-week high: $18.93
52-week low: $11.01
Annual revenues: $492.9 million
Xerium Technologies (XRM), a manufacturer of products used in papermaking, is a favorite of micro-cap expert Dan Abramowitz, who heads Hillson Financial Management, in Rockville, Md. Abramowitz calls the company “a turnaround story that is now at an inflection point.” Changes that a new management team put into effect in 2012 should start bearing fruit. The stock’s price-earnings ratio is a mere 7, based on the average of analysts’ earnings estimates for 2016.
stock market day trading: Hostess Brands, Inc. (TWNK)
- [By Paul Ausick]
There was an IPO of sorts last week when Gores Holdings II raised $375 million with an offer of 37.5 million units at $10 per unit. The shares are listed on the Nasdaq under the ticker symbol GSHTU. Gores Holdings I acquired Hostess Brands last year and completed an IPO in December for Hostess Brands Inc. (NASDAQ: TWNK).
stock market day trading: LinkedIn Corporation(LNKD)
- [By Andres Cardenal]
The most powerful investment ideas are the ones that can be easily explained and understood. LinkedIn(LNKD) is an undisputed market leader in remarkably promising areas such as professional networking and online employment opportunities, and this makes the company a top name to buy in 2016 and hold for years to come.As of the third quarter of 2015, LinkedIn(LNKD) had 396 million registered members around the world, a big increase of 20% versus the same quarter the previous year, and 39,726 corporate solutions customers on the platform, a year-over-year increase of 31%. Individuals and corporations attract each other to LinkedIn in search of opportunities, and this creates a virtuous cycle driving sustainable growth over the long term.
Management is also translating the company’s massive opportunities into rapid revenue growth. Total sales grew 37% to $780 million last quarter, with the acquisition of online learning platform lynda.com representing $41 million of that. LinkedIn’s three growth engines are firing on all cylinders: Talent solutions for corporations grew 46%, while premium subscription sales increased 21%, and online advertising revenue jumped 28%.
LinkedIn(LNKD) is actively investing for growth, so profit margins are hard to predict in the short term. However, the company should be able to combine solid revenue growth and expanding profit margins in the years ahead.
- [By Alex McGuire]
For example, LinkedIn Corp. (NYSE: LNKD) fell 16.1% to $79.03 from its IPO date on May 19, 2011, to Aug. 19, 2011. But LNKD stock has since recovered 148% to today’s share price of $195.96.
- [By Benzinga News Desk]
Microsoft has offered concessions to EU antitrust regulators over its $26.2 billion, $196 per share offer for LinkedIn (NYSE: LNKD), according to the European Commission. The EU regulator had expressed concerns to Microsoft executives about the deal, which was announced in June.
stock market day trading: QCR Holdings Inc.(QCRH)
- [By Keith Fitz-Gerald]
My favorite at the moment is QCR Holdings Inc. (NasdaqGM:QCRH).
Founded in 1993 and headquartered in Moline, IL, the bank has a strong regional lending base in Illinois and Iowa that should grow in line with the broader national economy. I particularly like the fact that the bank considers itself relationship-driven at a time when trust is in short supply.
stock market day trading: Quidel Corporation(QDEL)
- [By Lisa Levin]
Quidel Corporation (NASDAQ: QDEL) shares were also up, gaining 8 percent to $44.31. Piper Jaffray upgraded Quidel from Neutral to Overweight.
Equities Trading DOWN
stock market day trading: GigaMedia Limited(GIGM)
- [By Jim Robertson]
Today, our Under the Radar Moversnewsletter suggested small cap online gaming and cloud computing GigaMedia Limited (NASDAQ: GIGM) as a bullish long trade:
- [By Alex McGuire]