On Monday, PNC Financial Services Group Inc (NYSE:PNC)’s shares declined -0.21% to $96.31.
PNC Financial Services Group Inc (PNC) declared that it anticipates to issue financial results for the second quarter on Wednesday, July 15, 2015. PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 10:30 a.m. (ET).
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Administration Group, Residential Mortgage Banking, BlackRock, and Non-Planned Assets Portfolio. The Retail Banking segment offers deposit, lending, brokerage, investment administration, and cash administration services to consumer and small business customers through branch network, ATMs, call centers, online banking, and mobile channels.
Juniper Networks, Inc. (NYSE:JNPR)’s shares dropped -0.73% to $27.18.
Juniper Networks, Inc. (JNPR) as the Bull of the Day and Cincinnati Financial (CINF) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Walt Disney Company (DIS), Hasbro Inc. (HAS) and Microsoft Corporation ( MSFT).
Bull of the Day:
As the internet continues to grow in importance and become more ubiquitous, the list of ways to invest in this quickly growing market is soaring as well.
But sometimes we forget the ‘backbone’ companies of the internet experience though, and instead we focus in on the sexier names like Facebook in the internet world. However, there are plenty of solid names in the infrastructure space that could actually make for great investments too. One such name in this space is Juniper Networks (JNPR), a router specialist and a $10 billion market cap company that could be worth a closer look by investors.
Juniper is a California-based giant that is best known for its routers, though it also has decent sized switching and security divisions too. The firm is pretty much entirely U.S.-focused though it does have about 10% exposure to the international market right now. This should at least protect the company from some of the currency issues that have plagued many others mid and large cap technology firms presently trading on the market.
The company has seen some solid trading as of late too, as shares have added nearly 20% in the past three months. This could definitely continue for the company and especially so following Ericsson buyout rumors and its latest decent earnings report.
JNPR managed to match EPS projections for the most recent quarter while revenues slightly beat expectations and margins managed to improve further into double digit territory. However, it was the guidance that likely was a key for investor bullishness as we head further into the year as the company declared higher expectations for Non-GAAP earnings in the forthcoming period.
Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.
At the end of Monday’s trade, Franklin Resources, Inc. (NYSE:BEN)‘s shares dipped -1.09% to $49.87.
Franklin Resources, Inc. (BEN) stated preliminary month-end assets under administration by the company’s auxiliaries of $888.4 billion at May 31, 2015, contrast to $894.9 billion at April 30, 2015, and $908.3 billion at May 31, 2014.
Franklin Resources, Inc. (NYSE: BEN) is 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. The Company’s more than 600 investment professionals are supported by its integrated, worldwide team of risk administration professionals and global trading desk network. With offices in 35 countries, the California-based company has more than 65 years of investment experience. The Company posts information that may be noteworthy for investors in the Investor Relations and News Center sections of its website, and encourages investors to consult those sections regularly. For more information, please visit franklinresources.com.
Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. While forward-looking statements are our best prediction at the time that they are made, you should not rely on them, and you are hereby cautioned against doing so. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. They are neither statements of historical fact nor guarantees or assurances of future performance.
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. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California.
Dominion Resources, Inc. (NYSE:D), ended its Monday’s trading session with -0.31% loss, and closed at $66.93.
Public schools in Dominion Resources, Inc. (NYSE:D) Virginia Power’s service territory may soon be able to harness the power of the sun to assist their students learn about solar energy.
The Dominion Foundation, the philanthropic arm of Dominion Virginia Power, is presently seeking applications from K-12 public schools for its Dominion Solar for Schools program. The Dominion Foundation will select four schools within its Virginia service area to receive a 1 kilowatt photovoltaic system that converts sunlight into electric power.
National Energy Education Development (NEED) will support the project by providing technical support, installing the panels, preparing educational materials for students, and training teachers.
Each solar array will have a visual display that will show students and faculty real-time data on the amount of electricity generated. One kilowatt is enough electricity to power 15 desktop computers, 33 ten-gallon aquariums, or three 42-inch plasma TVs.
Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
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