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Grizzly Discoveries Inc – GZDIF


Grizzly trades on the TSX Venture Exchange under the symbol GZD, on the OTCQX exchange under the symbol GZDIF, and the Frankfurt Exchange under the symbol G6H, with 48,475,268 common shares issued and outstanding.

Grizzly is an aggressive and diversified Canadian mineral exploration company exploring for: potash in Alberta; world class gold and base metal deposits in British Columbia; and diamonds in Alberta. Grizzly holds, or has an interest in, metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border. Grizzly currently has four precious-base metal properties in British Columbia totaling over 235,000 acres. Grizzly also currently holds more than 600,000 acres in diamond properties, which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

GRIZZLY DISCOVERIES

• Canadian company focused on precious metals in BC and Potash in Alberta

• Extensive claim holdings in BC and Alberta

• Exploration results returned Gold, Silver, Copper, Platinum, Palladium, Lead, Zinc, Graphite, Potash and Diamonds

• Over 25% owned by Management

• Experienced Management with proven track record of success

• 225,000 acres at Greenwood, BC

• Numerous historic mines in the area

• Over 6 M oz gold produced in area

• Discovered 7 different mineralized areas within Greenwood property

• Ket 28 area diamond drill assays:

- 2.77 g/t Au over 11.0 m

- 11.9 g/t Au over 2.0 m

• Ket 28 area 7 km north of Kinross Buckhorn mine and mill

• Near surface high grade gold open pit potential

• Gold, Silver, Copper, Platinum, Palladium, Lead, Zinc, Graphite

• GZD has spent >$6 M to date

• French and Peak claims in northern BC contain Gold, Silver, Copper, Zinc

• Three diamondiferous kimberlites and four others discovered on Alberta diamond properties

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Stocks to watch Tuesday: AutoZone, Workday


SAN FRANCISCO (MarketWatch) — AutoZone Inc., Workday Inc. and JinkoSolar Holding Co. are among the shares likely to see active trading on Tuesday, with all three companies on tap to report quarterly results the day after Monday’s Memorial Day holiday.

Shares of Durata Therapeutics Inc. DRTX +5.50% may also actively trade Tuesday. The company said late Friday that the U.S. Food and Drug Administration approved the company’s Dalvance antibiotic to treat adults with certain skin infections. Trading in shares of the pharmaceutical company were temporarily halted ahead of the announcement Friday.

AutoZone AZO -0.14% is scheduled to report financial results for its third quarter before the market opens. The automotive replacement parts retailer is expected to report earnings of $8.46 a share on sales of $2.33 billion, according to consensus estimates from FactSet.

AutoZone Inc. reports quarterly results Tuesday.

“We see more upside than downside risk for shares” into the company’s third-quarter earnings report, said Seth Basham, an analyst at Wedbush, in a recent note.

Basham said Wedbush believes “the weather benefits into the summer may be larger than expected based on the hot forecast, the low-end consumer’s health is likely to weaken from poor levels and car demographic headwinds can be partially mitigated by the benefits of industry consolidation.”

Also before the stock market opens on Tuesday, JinkoSolar JKS +3.81% will issue its first-quarter report, with analysts expecting the China-based solar-panel maker to post earnings of 40 cents a share on revenue of $289 million. Earlier this month, the company kept its first-quarter and full-year 2014 guidance intact.

After Tuesday’s market close, Workday Inc. WDAY +1.91% will report first-quarter results, with analysts expecting the business-software maker to report a loss of 15 cents a share on revenue of $152 million.

Qihoo 360 Technology Co. QIHU +1.17% will also report first-quarter results late Tuesday. Analysts predict the Chinese Internet company will post a profit of 31 cents a share on revenue of $230 million.

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Myra Saefong is a MarketWatch reporter based in San Francisco. Follow her on Twitter @MktwSaefong.

SOURCE: http://www.marketwatch.com/story/stocks-to-watch-tuesday-autozone-workday-2014-05-26

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Vaporin Inc – VAPO


Vaporin – The Premier Electronic Cigarette

Vaporin offers an exciting new smoking alternative for the smokers. Vaporin Electronic Cigarettes resemble traditional cigarettes in look, taste and feel. It’s easy to use, runs on a rechargeable battery and lights up automatically. Users inhale their desired amount of nicotine through the option of numerous delicious flavors. The thing that distinguishes Vaporin vs. traditional cigarettes is, each drag consists of smoke vapors, leaving no ash or butts behind.

Vaporin is always changing the electronic cigarette industry standard, and continues to be the leader the ecig branding, marketing and customer service. Vaporin is constantly growing as America’s most trusted brand of electronic cigarette for the following reasons:

  • Quality: Vaporin’s e-cigarettes are made with the highest quality
  • Branding and Marketing: Vaporin always comes up with new promotions and unique marketing approaches
  • Customer Service and Support: Vaporin’s customer service support team will always go out of their way to make sure our customers are 100% satisfied
  • Warranty: Vaporin offers a 30 day money back guarantee and also a lifetime warranty to loyal customers

Vaporin Electronic Cigarettes Offer A Plethora Of Advantages Over Traditional Cigarettes:

  • Rated as the best electronic cigarette available on the market
  • Maximizes volume of smoke vapor
  • User friendly
  • Control over the taste.
  • Free from tar
  • No ash is left behind
  • Free from Carbon Monoxide
  • No fire hazards
  • Free from offensive odors sticking to cars, walls, linen, or clothing
  • Free from smoker’s breath.
  • Cost effective as compared to traditional cigarettes.
  • Legally allowed in the areas like restaurants, bars, airports and other places where smoking is banned
  • Free from polluting cigarette butts

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Chelsea Oil and Gas Ltd. – COGLF


Chelsea Oil & Gas is an Australian focused exploration, development and production company. We have a significant portfolio of assets onshore Australia comprised of 5.2 million net acres across four basins:

Each basin offers stacked pay, and the South Georgina, Simpson and Surat Bowen Basins offer billion barrel unconventional resource potential. With up to $545 million of investment on offsetting lands in the next three years by Supermajors, and a low cost program targeting more than 1.0 billion barrels of unrisked prospective resources, Chelsea is well positioned to create significant near-term value for its shareholders.

Corporate Highlights

1) Large, Operated, High Working Interest Resource Base
  • Average 84% operated working interest in 6.2 million acres (5.2 million net) onshore Australia
  • High impact potential in Georgina and Simpson Basins with 3.5 billion barrels recoverable resources
  • Control of the preparation of budgets and schedules facilitates the delivery of value creation strategy
2) Near-Term Path to Value Realization
  • Opportunity set across portfolio defined through seismic, drilling on offsetting acreage and analogues
  • Near-term oil production and existing overriding royalty cashflow offsets G&A

3) Low-Cost, High-Impact Assets Near Existing Infrastructure

  • Offsetting exploration currently underway by Statoil, Total and Santos committing up to $545 million
  • Gas infrastructure less than 150 km from unconventional permit; well established paved roadways and rail network nearby all permits
  • Limited near-term capex required to maintain asset base means the large investment necessary to evaluate the basin’s unconventional resource will be made by off-setting super-majors.

4) Catalyst Rich Exploration and Development Programme

  • Carried for up to 6 exploration wells and 120 km2 of 3D seismic in 2013 / 14 (Cooper Basin)
  • 2 production wells in 2014 targeting 300 bopd 51°oil from existing discoveries (Surat Basin)
  • Additional exploration and development targets to be matured through work programme

5) Favourable Political, Fiscal and Operating Environment

  • Australia has leading Western fiscal regime: 10% state royalty, 30% corporate tax
  • Queensland most active onshore exploration and production state, well serviced by oilfield industry
  • Local demand for oil and gas, LNG export potential for significant discoveries
  • Stable political outlook with investment grade debt rating of Aaa by Moody’s

6) Experienced Board and Management

  • 125+ years of industry experience among directors and senior management
  • Direct experience in horizontal multi-stage frac and unconventional drilling
  • Direct experience with enhanced and secondary recovery techniques

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Medient Studios, Inc. (OTCQB: MDNT)


Medient Studios, Inc. (OTCQB: MDNT) is an entertainment content creation company with a strong presence in North America, Europe and India. Medient’s management team has approximately 150 years of experience in the motion picture industry and is responsible for producing and/or financing over 250 movies. Medient is realigning the content creation process to enable efficiencies of scale and eliminate process waste by building a fully integrated movie and game production facility and campus on a 1550 acre property in Effingham County, Georgia. Once operational this production facility will be the largest of its kind in the United States.

The Company has produced a broad spectrum of films across various genres. These include such films as “Bombay Boys”, a genre-defining Indie film that carried Indian cinema beyond the “song and dance” routine of Bollywood, and the award-winning Malayalam film “Aakshagopuram”, which was the first Indian film to be entirely produced outside of that country. The film, which bought together talent from India and the UK, set a new benchmark in East – West collaboration. “Storage 24″, a British horror film starring BAFTA award winner Noel Clarke was produced by Medient and released in 2012 by Universal Pictures.

Medient’s latest film, “Yellow”, is directed by Nick Cassavetes (The Notebook) and premiered to rave reviews and audience acclaim at the 2012 Toronto International Film Festival (“TIFF”). Critic reviews from TIFF included “surreal imagination”…”bizarre parallel realities”…”wildly inventive”…and “a cinematic trip of mind-bending proportions”.

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OmniVision Q3 profit up; shares fall on Q4 view


OmniVision Technologies Inc.’s OVTI -0.96% fiscal third-quarter earnings surged as the chip maker’s revenue more than doubled.

However, shares fell 9.2% to $14 in after-hours trading as the company’s fiscal fourth-quarter outlook was sharply below expectations. Through the close, the stock is up 9.4% this year.

For the current quarter, the company forecast per-share earnings of 14 cents to 29 cents on revenue of $300 million to $330 million, well below recent estimates of analysts polled by Thomson Reuters for 32 cents and $371 million, respectively.

OmniVision generates the biggest chunk of its business in the smartphone sector, and its results have been closely linked to that market. Its products include camera sensors for phones, including Apple Inc.’s AAPL -0.71% iPhone.

The company has seen high manufacturing costs put pressure on its margins, an area OmniVision has been seeking to improve. In the latest quarter, gross margin fell to 16.9% from 24.2%. However, that represented a small improvement from 16.6% during the fiscal second quarter.

For the quarter ended Jan. 31, OmniVision Technologies reported a profit of $21.3 million, or 40 cents a share, up from $111,000, or break-even on a per-share basis, a year earlier. Excluding items such as stock-based compensation, adjusted earnings were up at 56 cents from 13 cents. Revenue more than doubled to $423.5 million

The company in November expected earnings of 33 cents to 46 cents on revenue of $390 million to $425 million.

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SOURCE: http://www.marketwatch.com/story/omnivision-q3-profit-up-shares-fall-on-q4-view-2013-02-28

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Ameresco cuts view citing market, storm delays


Ameresco Inc. AMRC -1.56% cut its view for the year, saying its fourth-quarter results were hurt by storm-related weather delays as well as an even more challenging solar market.

The renewable-energy company expects revenue of about $630 million and income to be in the range of $17 million to $19 million. This compares with its November expectation for revenue between $640 million and $660 million on income between $22 million and $26 million.

Still, Chief Executive George P. Sakellaris said the company is “confident about the long-term fundamentals of our business as well as the demand for energy efficiency.” He added that total construction backlog of awarded projects and fully-contracted backlog maintained a record level at roughly $1.5 billion.

Ameresco, which went public in 2010, provides energy-efficiency services for facilities and builds small renewable-energy plants. Growing U.S. interest in energy upgrade projects has been a driver behind recent results. But the pace of converting awarded projects into signed contracts has recently slowed in a few segments.

In November, Ameresco said its third-quarter earnings fell 45% as the lengthening of backlog conversion times contributed to the company’s revenue decline.

Class A shares closed Thursday at $8.97 and were recently inactive premarket. The stcok has fallen 33% in the past 12 months.

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SOURCE: http://www.marketwatch.com/story/ameresco-cuts-view-citing-market-storm-delays-2013-02-15

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Comcast to buy NBC stake, net profit rises 18%


Comcast Corp. (CMCSA, CMCSK) said it will buy General Electric Co.’s GE +0.58% 49% common equity stake in the NBCUniversal joint venture for about $16.7 billion in a deal that steps up GE’s divestiture of its stake more than a year ahead of a redemption period set to start in July 2014.

Comcast’s class A shares were up 7.7% at $42 in recent after-hours trading.

The company also reported that its fourth-quarter profit rose 18% as the cable and television network operator reported revenue growth at its cable operations as well as the NBCUniversal division.

Comcast also will acquire from GE properties used by NBCUniversal at 30 Rockefeller Plaza and CNBC’s headquarters in Englewood Cliffs, N.J., for roughly $1.4 billion.

The deals will be funded with $11.4 billion of cash, $4 billion of senior notes to be issued to GE, $2 billion of other borrowings and $725 million of subsidiary preferred stock to be issued to GE.

Chief Executive Brian L. Roberts said that to “underscore our confidence” that Comcast was increasing its annual dividend by 20% to 78 cents a share and plans to repurchase $2 billion of its stock this year.

The Philadelphia-based company, as with other pay-TV distributors in the U.S., has continued to deal with the loss of subscribers in its core video business, as increased competition and a soft economy have led to distributors sharing a smaller overall pool of total TV viewers. The company is focusing more on growing its broadband and business-services divisions, which tend to be more profitable because they don’t face the heavy programming costs of TV.

Comcast booked a profit of $1.52 billion, or 56 cents a share, up from $1.29 billion, or 47 cents a share a year earlier. Excluding income tax adjustments and other items, adjusted per-share earnings were up at 52 cents from 47 cents a year earlier. Total revenue increased 5.9% to $15.94 billion.

Analysts polled by Thomson Reuters expected 53 cents a share on revenue of $16 billion.

Cable communications revenue 7% to $10.1 billion amid advertising revenue growth of 19%, reflecting increased political advertising.

Revenue for the NBCUniversal division–which spans cable networks, filmed entertainment and theme parks increased 4.8% to $6 billion .

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SOURCE: http://www.marketwatch.com/story/comcast-to-buy-nbc-stake-net-profit-rises-18-2013-02-12

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Western Union profit falls 47% on expenses


Western Union Co.’s WU +0.63% fourth-quarter earnings fell 47% as the world’s largest provider of remittances reported flat revenue and posted expenses related to cost-saving initiatives, while it benefited in the year-earlier period from one-time gains.

http://www.limaforex.com/img/logo_westernunion.gif

The company also offered downbeat guidance for the new year. Western Union projected 2013 per-share earnings of $1.33 to $1.43, with revenue declines in the low single-digits excluding currency impacts. Analysts polled by Thomson Reuters were looking for earnings of $1.47 a share and a revenue decline of 1%.

Western Union said the company in 2013 will focus on strengthening consumer money transfer and driving growth in its business solutions segment–which was the only unit to report growth in the latest quarter.

Continuing economic problems in Europe and a stagnant U.S. job market have weighed on the payments sector recently. Western Union is particularly sensitive to swings in the economy, as its services are primarily used by consumers to send money to customers typically in foreign locations.

In the latest quarter, Western Union reported $31 million in expenses related to cost-savings initiatives, which are expected to hurt current-year results but benefit 2014 results.

Overall, Western Union reported a profit of $237.9 million, or 40 cents a share, down from $452.3 million, or 73 cents a share, a year earlier. Excluding items such as integration and restructuring charges, per-share earnings rose to 42 cents from 40 cents.

The prior-year period included gains of $20 million related to the revaluation of the company’s previous 30% ownership interest in Finint S.r.l. and $21 million related to foreign currency forward contracts primarily for the acquisition of Travelex Global Business Payments.

Revenue slipped 0.5% to $1.42 billion.

Analysts polled by Thomson Reuters had targeted earnings of 35 cents on revenue of $1.4 billion.

Operating margin narrowed to 20.1% from 25%.

In the company’s consumer-to-consumer segment, its largest business, revenue fell 2.4% as transactions slipped 3.2%.

Shares declined 1.6% to $14.11 after hours. The stock is down 19% over the past six months.

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SOURCE: http://www.marketwatch.com/story/western-union-profit-falls-47-on-expenses-2013-02-12

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Radian loss widens against year-earlier gains


Radian Group Inc.’s RDN -3.16% fourth-quarter loss widened as the year-earlier period included higher gains related to the fair value of derivatives and other impacts.

Companies such as Radian Guaranty typically insure mortgages when a borrower makes a down payment of less than 20%. Mortgage insurers pay lenders a portion of their losses if homeowners default on their loans.

While mortgage-insurance policies sold in recent years have so far proved to be highly profitable, Radian and some other players remain saddled with money-losing policies sold in the years before the housing bubble popped.

Radian’s mortgage-insurance loss provisions were $306.9 million in the fourth quarter, compared with $333.3 million a year earlier.

New mortgage insurance written was $11.7 billion, compared with $6.5 billion a year earlier.

“We hit the ground running in 2013 with $4 billion of new business written in January and another decline in our delinquent loan inventory, which better positions Radian for a return to operating profitability,” Chief Executive S.A. Ibrahim said. Last January, Radian wrote $2 billion of new business.

Radian reported a loss of $177.3 million, or $1.34 a share, compared with a loss of $121.5 million, or 92 cents a share, a year earlier. The company recorded minimal net gains on investments, compared with net gains on investments of $38.9 million and gains from the change in fair value of derivatives and other financial instruments of $102.2 million a year earlier.

Net premiums earned increased 5.1% to $193.9 million.

Analysts polled by Thomson Reuters most recently projected a loss of 50 cents a share on net premiums earned of $200 million.

Shares closed Friday at $6.72 and were inactive premarket. The stock has nearly doubled in the past year.

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SOURCE: http://www.marketwatch.com/story/radian-loss-widens-against-year-earlier-gains-2013-02-11

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