On Tuesday, Express, Inc.(NYSE:EXPR)’s shares declined -0.40% to $20.14.
One stock that might be an intriguing choice for investors right now is Express Inc. (EXPR). This is because this security in the Retail- Apparel/Shoe space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Retail- Apparel/Shoe space as it presently has a Zacks Industry Rank of 72 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when contrast to other segments out there.
Meanwhile, Express Inc. is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
Express, Inc. operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, counting work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com, in addition to franchisees Express locations in Latin America, the Middle East, and South Africa. As of January 31, 2015, it operated 641 stores in the United States, Canada, and Puerto Rico.
Key Energy Services, Inc.(NYSE:KEG)’s shares gained 0.72% to $0.640.
Key Energy Services, Inc.(KEG) declared that it had received a letter from The New York Stock Exchange (the “NYSE”) notifying it that, for 30 successive trading days, the price for Key’s common shares was below the minimum $1.00 per share requirement for continued listing on the NYSE under Item 802.01C of the NYSE’s Listed Company Manual. This notice does not have an immediate effect on the listing of Key’s common shares.
Key has 180 days, or until March 2, 2016, to regain compliance with the NYSE’s minimum share price requirement. Key will explore all options to regain compliance with the NYSE’s continued listing standard and, in accordance with NYSE rules, Key will notify the NYSE within 10 business days of its receipt of the NYSE notice of its intent to cure this deficiency. Under the NYSE standards, the Company can avoid delisting if, during the six-month period following receipt of the NYSE notice, on the last trading-day of any calendar month, the Company’s common stock has a closing price per share and a 30 trading-day average closing share price of at least $1.00.
Key intends to maintain the listing of its common shares on the NYSE and will consider accessible alternatives, potentially counting a reverse stock split, in order to cure the stock price deficiency and return to compliance with the NYSE continued listing requirement. As a Maryland corporation, a reverse stock split would only require the approval of the Board of Directors and the posting of appropriate NYSE notices.
Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. It offers rig-based services, counting the maintenance, workover, and recompletion of existing oil wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, in addition to specialty drilling services to oil and natural gas producers.
At the end of Tuesday’s trade, Dex Media Inc (NASDAQ:DXM)‘s shares surged 57.78% to $0.426.
Dex Media, Inc. (DXM) one of the largest national providers of social, local and mobile marketing solutions through direct relationships with local businesses, recently declared the appointment of James McCusker as executive vice president and chief revenue officer. Formerly, McCusker served as the company’s vice president of expansion channel sales.
Dex Media, Inc. provides local marketing solutions to business clients in the United States. The company publishes yellow page directories that provide various paid advertising options, counting listing options; in-column advertisement options that comprise bolding, special fonts, color, and special features, such as logos; display advertising options, which allows businesses to comprise information, illustrations, photographs, and logos; and specialty advertising options that allow businesses to target specific consumers. It also publishes white page directories, which provides white page listings that comprise name, address, and phone number of the residences and businesses. In addition, the company operates digital local search engines, such as DexKnows.com and Superpages.com on desktop and mobile devices.
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