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Monday 24 August 2015
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Active Stocks Buzz: Iconix Brand Group Inc (NASDAQ:ICON), Bristow Group Inc (NYSE:BRS), Toronto-Dominion Bank (NYSE:TD)

On Monday, in the course of current trade, Shares of Iconix Brand Group Inc (NASDAQ:ICON), dropped -5.03%, and is now trading at $14.18.

Iconix Brand Group, stated its financial results for the second quarter and six months ended June 30, 2015 and revealed an ongoing periodic review of the Company’s Form 10-K for the year ended December 31, 2014 with the Staff of the Securities and Exchange Commission.

Results for the Second Quarter Ended June 30, 2015

Licensing revenue for the second quarter of 2015 was about $98.5 million, a 1% enhance as contrast to about $97.5 million in the second quarter of 2014. Total licensing revenue was negatively affected by about $3.7 million due to foreign exchange rates. Not taking into account the effect of foreign exchange rates, licensing revenue raised 5%.

Iconix Brand Group, Inc., a brand administration company, owns, licenses, and markets a portfolio of consumer brands across women’s, men’s, entertainment, and home primarily in the United States and internationally.

During an Afternoon trade, Shares of Bristow Group Inc (NYSE:BRS), climbed 1.22%, and is now trading at $43.94.

Bristow Group, stated a net loss for the June 2015 quarter of $3.3 million, or $0.27 per diluted share on a GAAP basis, contrast to net income of $44.1 million, or $1.23 per diluted share, in the same period in the preceding year.

Adjusted net income, which excludes special items and asset disposition effects, reduced 58% to $19.8 million, or $0.56 per diluted share, for the June 2015 quarter, contrast to $47.4 million, or $1.32 per diluted share, in the June 2014 quarter.

Bristow Group Inc. provides helicopter services to the offshore energy industry in Africa, Americas, the Asia Pacific, and Europe Caspian. Its helicopters are used principally to transport personnel between onshore bases and offshore production platforms, drilling rigs, and other installations, in addition to to transport time-sensitive equipment to these offshore locations.

Finally, Toronto-Dominion Bank (NYSE:TD), gained 1.35% Monday.

Toronto-Dominion Bank, declared a portfolio adviser change for the TD Private International Stock Fund (the “Fund”).

Effective on or about September 8, 2015, Epoch Investment Partners, Inc. (Epoch) will join TDAM to serve as a portfolio adviser to the Fund.

The Toronto-Dominion Bank, together with its auxiliaries, provides financial and banking services in North America and internationally. The company operates through Canadian Retail, U.S. Retail, and Wholesale Banking segments.

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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.

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