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Thursday 6 August 2015
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Pre-Market News Analysis on: Royal Caribbean Cruises (NYSE:RCL), Newpark Resources (NYSE:NR), Michaels Companies (NASDAQ:MIK), Allscripts Healthcare Solutions (NASDAQ:MDRX)

On Monday, Royal Caribbean Cruises Ltd (NYSE:RCL)’s shares declined -0.51% to $78.38.

Royal Caribbean Cruises Ltd (RCL) said it raised its rating on the cruise operator based on the company’s valuation and expectations that Royal Caribbean will benefit from new ship introductions, which should drive growth in the China and Asia Pacific regions.

JPMorgan has upped its price target to $90 from $83 on Royal Caribbean stock.

Shares of Royal Caribbean are up by 1.70% to $77.01 at the start of trading this morning.

Miami, FL.-based Royal Caribbean operates cruises using a variety of brand names counting Celebrity Cruises, Pullmantur, Azamara Club Cruises and CDF Croisieres de France. The company also has a 50% joint venture with TUI Cruises.

Royal Caribbean Cruises, Ltd. operates as a cruise company. The company operates cruisers under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisières de France, and TUI Cruises brand names. The Royal Caribbean International brand provides cruise itineraries ranging from 2 to 18 nights with options for onboard dining, entertainment, and other onboard activities to various destinations.

Newpark Resources Inc (NYSE:NR)’s shares dropped -1.15% to $7.73.

Newpark Resources, Inc. (NR) declared that it will release its second quarter 2015 results on Thursday, July 30, 2015 after the market closes. In conjunction with the release, the Company has planned a conference call, which will be broadcast live over the Internet, on Friday, July 31, 2015 at 10:00 a.m. Eastern / 9:00 a.m. Central.

Newpark Resources, Inc. provides various products and services primarily to the oil and gas exploration industry. The company operates in two segments, Fluids Systems, and Mats and Integrated Services. The Fluids Systems segment provides drilling fluids products and technical services for technical drilling projects involving complex subsurface conditions, such as horizontal directional, geologically deep, or deep water drilling. This segment also grinds barite and other industrial minerals.

At the end of Monday’s trade, Michaels Companies Inc (NASDAQ:MIK)‘s shares surged 0.63% to $27.08.

Michaels (MIK), North America’s largest arts and crafts specialty retailer, declares the theme of its popular Passport to Imagination summer kids crafting program. This year, the low-cost, in-store sessions will focus on summer vacation fun, counting lake picnics, afternoons at the beach, county fairs, music festivals and more.

Passport to Imagination starts July 6 and will run through August 21 in all Canadian stores, with three classes per week, on Monday, Wednesday and Friday from 10 a.m. to noon. For just $5 per class, or three sessions for $12, kids ages 5-10 can create projects that relate to summer activities, with a different theme every week. Registration for the program is accessible online and in stores.

The Michaels Companies, Inc. owns and operates a chain of arts and crafts specialty retail stores under the Michaels and Aaron Brothers names in North America. The company’s Michaels stores offer about 35,000 stock-keeping units in arts, crafts, framing, floral, home décor and seasonal, scrapbooking, and seasonal merchandise. Its Aaron Brothers stores offer about 7,000 stock-keeping units, counting photo frames, a line of ready-made frames, art prints, framed art, art supplies, and custom framing services.

Allscripts Healthcare Solutions Inc (NASDAQ:MDRX), ended its Monday’s trading session with -2.34% loss, and closed at $13.36.

Allscripts (MDRX) client Atlantic General Hospital, located in Berlin, Maryland, U.S.A., achieved Stage 6 on the HIMSS Analytics EMR Adoption ModelSM (EMRAM) using the Allscripts Sunrise acute electronic health record (EHR).

The HIMSS Analytics EMR Adoption Model measures progress and the cumulative capabilities of EMR systems within hospitals. There are eight stages (0-7) in the HIMSS Analytics EMR Adoption Model, and 17.9% of hospitals in the HIMSS Analytics(R) Database have currently reached Stage 6. Hospitals that reach Stage 6 have established clear goals for improving safety, minimizing errors, and prioritizing IT implementations.

Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada. It operates in three segments: Clinical and Financial Solutions, Population Health, and Managed Services. The Clinical and Financial Solutions segment provides integrated clinical software applications, financial and information solutions, and related installation and maintenance services, counting EHR related software, financial and practice administration software, related installation and training services, and electronic claims administration services.

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