Search
Tuesday 23 June 2015
  • :
  • :

Pre-Market News Analysis on: Walgreens Boots Alliance (NASDAQ:WBA), Pengrowth Energy (NYSE:PGH), Two Harbors Investment (NYSE:TWO), TherapeuticsMD (NYSEMKT:TXMD)

On Tuesday, Walgreens Boots Alliance Inc (NASDAQ:WBA)’s shares inclined 1.09% to $84.17.

Walgreens Boots Alliance Inc (WBA) is collaborating with the new social competition app, Challenged, to bring summer beauty tips to life. Similar to the idea behind last year’s viral Ice Bucket Challenge, the Challenged platform delivers a seamless social challenge creation and fulfillment experience that unites socially-activated users, celebrity influencers like Nash Grier, Lele Pons and Cameron Dallas, in addition to charities to drive healthy competition and positive social change – all from one destination.

Users joining the app will find it already populated with a challenge from Walgreens, which tasks users to bring their best summer beauty tip to life in a 12-second video using either CIRCA Beauty or Nonie Creme Colour Prevails products accessible exclusively at Walgreens. Beauty expert Lauria Locsmondy of the Walgreens Social and Content creative team will judge the Top 3 “viewed” Beauty Challenge videos presented based on the criteria below:

1) Use of CIRCA and/or Colour Prevails items as primary component of the look (requirement of contest)
2) Clear steps to achieve the look
3) Summer-relevant look

The top submission chosen will win an assorted prize of the best-selling products from the two beauty lines. The 30-day video challenge will run from June 9 through July 8 with the official Walgreens beauty challenge hashtag: #BeautyChallengeContest

Walgreens Boots Alliance, Inc., together with its auxiliaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, in addition to through mail, and by telephone and online.

Pengrowth Energy Corp (USA) (NYSE:PGH)’s shares gained 9.96% to $2.76.

Pengrowth Energy Corp (USA) (PGH) declares that its July 15, 2015 cash dividend will be Cdn $0.02 per common share. The ex-dividend date is June 18, 2015. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record date of June 22, 2015.

The dividend of Cdn $0.02 per common share is equivalent to about U.S. $0.016 per common share using a Canadian/U.S. dollar exchange rate of Cdn $1.00:U.S. $0.804. The actual U.S. dollar equivalent of the dividend will be based upon the actual Canadian/U.S. dollar exchange rate in effect on the payment date, net of applicable Canadian withholding taxes for U.S. residents who hold their Pengrowth shares in taxable accounts.

Pengrowth’s Board of Directors and administration regularly review the level of dividends. Pengrowth’s Board considers a number of factors, counting expectations of future commodity prices, capital expenditure requirements and the availability of debt and equity capital. Dividends can and may fluctuate in the future as a result of the volatility in commodity prices, changes in production levels and capital expenditure requirements.

Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. It primarily explores for crude oil, bitumen, natural gas, and natural gas liquids.

At the end of Tuesday’s trade, Two Harbors Investment Corp (NYSE:TWO)‘s shares dipped -0.49% to $10.25.

Real-estate investment trusts have enjoyed nearly unprecedented success in recent years, as long periods of low interest rates have assisted bolster prospects for mortgage REIT Two Harbors Investment (NYSE: TWO) and many of its peers. Yet investors have become increasingly convinced that the Federal Reserve will raise interest rates in the near future, and they fear this will destroy the opportunity that Two Harbors has had to profit. Let’s go over three key metrics that could have a big impact on Two Harbors Investment’s business and future results.

One of the keys to the success of mortgage REITs generally has been their ability to earn more from investing in mortgage-backed securities than they’ve had to pay to borrow the money they’ve used to buy those securities. During the first quarter of 2015, Two Harbors was able to earn an aggregate portfolio yield of 4.4% on the investments it made. After subtracting borrowing costs, the mortgage REIT posted a net interest margin of 3.07%.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights, commercial real estate debt and related assets, and other financial assets.

TherapeuticsMD Inc (NYSEMKT:TXMD), ended its Tuesday’s trading session with 0.37% gain, and closed at $8.16.

TherapeuticsMD Inc (TXMD) declared that the Company has accomplished patient enrollment in The Rejoice Trial, a phase 3 clinical trial of TX-004HR (estradiol in VagiCap™) to evaluate multiple doses of an investigational, applicator-free vaginal estradiol for the treatment of pain during sexual intercourse (dyspareunia), a symptom of vulvar and vaginal atrophy (VVA), due to menopause.

TX-004HR is an investigational bio-identical estradiol softgel capsule administered vaginally without the need for an applicator. The Rejoice Trial is also collecting efficacy data on vaginal dryness, and vaginal and/or vulvar itching or burning.

TherapeuticsMD, Inc. operates as a woman’s health care product company. The company manufactures and distributes prescription and over-the-counter product lines, counting prenatal vitamins, iron supplements, vitamin D supplements, and natural menopause relief products under the vitaMedMD brand, in addition to duplicate formulations of its prescription prenatal vitamins products under the BocaGreenMD Prena1 name.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

 




Leave a Reply

Your email address will not be published. Required fields are marked *