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Monday 17 August 2015
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Friday’s Trade News Buzz on: Melco Crown Entertainment (NASDAQ:MPEL), Franklin Resources,(NYSE:BEN), Reynolds American, (NYSE:RAI), Mobileye (NYSE:MBLY)

On Friday, Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL)’s shares inclined 1.29% to $21.94.

Melco Crown Entertainment Ltd (ADR) (MPEL) revealed an all-star line-up of top international magicians for ‘The House of Magic’ at Studio City, the first and only permanent magic extravaganza in Macau, China.

Designed, curated and hosted by world-acclaimed illusionist Franz Harary, ‘The House of Magic’ is the world’s first multi-theater, immersive visitor magic experiences, designed for magicians by a master magician and featuring live magicians and set in a mystical three-theater showcase complex of amazing, mind-bending magic.

Melco Crown Entertainment Limited, through its auxiliaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 1,400 gaming machines; about 1,400 hotel rooms and suites; a wet stage performance theater with about 2,000 seats; about 30 restaurants and bars, and 70 retail outlets; and recreation and leisure facilities, counting health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.

Franklin Resources, Inc. (NYSE:BEN)’s shares gained 0.09% to $43.62.

Templeton Global Income Fund declared its regular monthly dividend from net investment income of $0.025 per share, payable on August 31, 2015, to shareholders of record on August 17, 2015 (Ex-Dividend Date: August 13, 2015).

The Fund’s investment manager, Franklin Advisers, Inc., is a wholly owned partner of Franklin Resources, Inc. ( BEN), a global investment administration organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment administration to retail, institutional and sovereign wealth clients in over 150 countries. Through specialized teams, the company has expertise across all asset classes — counting equity, fixed income, alternative and custom solutions.

Franklin Resources, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its auxiliaries.

At the end of Friday’s trade, Reynolds American, Inc. (NYSE:RAI)‘s shares dipped -0.06% to $85.44.

Reynolds American Inc. (RAI) has issued the following press release: “Strong operating performance drives RAI’s 2Q15 results. Company declares: Dividend enhance, two-for-one stock split, raised full-year EPS guidance.”

Reynolds American Inc., through its auxiliaries, manufactures and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, American Snuff, and Santa Fe segments. The RJR Tobacco segment offers cigarettes under the brand names of CAMEL, PALL MALL, WINSTON, KOOL, DORAL, SALEM, MISTY, and CAPRI; and CAMEL Snus, a smoke-free tobacco product, in addition to manages various licensed brands, counting DUNHILL and STATE EXPRESS 555. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names.

Mobileye NV (NYSE:MBLY), ended its Friday’s trading session with 3.04% gain, and closed at $59.63.

Mobileye N.V., the global leader in the development of vision and data analysis for Advanced Driver Assistance Systems and autonomous driving, recently declared financial results for the quarter ended June 30, 2015.

Second Quarter 2015 Financial Highlights

  • Revenue: Total revenue for the second quarter of 2015 was $52.8 million, an enhance of 57% contrast to $33.7 million in the preceding-year period. Within total revenue, original equipment manufacturing (OEM) revenue was $43.6 million, contrast to $28.8 million in the preceding-year period. After market (AM) revenue contributed the remaining $9.2 million of total revenue for the second quarter of 2015 contrast to $4.9 million in the preceding-year period.
  • Net Income and Earnings per Share: GAAP net income for the second quarter of 2015 was $15.3 million, or $0.06 per diluted share. This compares to GAAP net income of $0.2 million or about breakeven on a per share basis for the second quarter of 2014. GAAP results comprised of share-based compensation expense of $8.4 million for the second quarter of 2015 and $11.0 million for the second quarter of 2014.

    Non-GAAP net income for the second quarter of 2015 was $23.7 million, or $0.10 per share, based on 237.8 million weighted average diluted shares outstanding. This compares to non-GAAP net income of $11.2 million, or $0.05 per share, based on 216.5 million weighted average diluted shares outstanding during the second quarter of 2014. Non-GAAP net income excludes share-based compensation expense.

Mobileye N.V., together with its auxiliaries, designs and develops software and related technologies for camera-based advanced driver assistance systems primarily in Israel. It operates through two segments, Original Equipment Manufacturing and After Market. The company offers proprietary software algorithms and EyeQ chips that perform detailed interpretations of the visual field to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris, and other obstacles; and detect roadway markings, such as lanes, road boundaries, barriers, and related items, in addition to identify and read traffic signs and traffic lights.

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