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Friday 8 January 2016
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Active Stocks in Focus: JetBlue Airways (NASDAQ:JBLU), Ambev SA (NYSE:ABEV), Franklin Resources, (NYSE:BEN)

On Monday, JetBlue Airways Corporation (NASDAQ:JBLU)’s shares declined -1.34% to $23.12.

JetBlue (JBLU) declared the release of an improved suite of mobile apps, counting a new JetBlue app for iPad, aimed at bringing even more convenience to customers’ fingertips so they can sit back and enjoy their JetBlue experience.

Customers can now download JetBlue’s app for iPhone, iPad, and Apple Watch on the App Store. The updated version of JetBlue’s Android handset app is accessible in the Google Play Store.

JetBlue’s new app for iPad offers an experience designed from the ground up for the iPad’s larger interface. Special for iPad’s large display, customers can browse through destination guides which feature rich content and imagery from many of JetBlue’s 93 destinations. Customers can also use their iPad to access JetBlue’s other iOS features, easily book travel and access functionality found on jetblue.com, counting the Best Fare Finder calendar and a Hot Deals page.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts.

Ambev SA (ADR) (NYSE:ABEV)’s shares dropped -0.65% to $4.59.

On October 30, Ambev declared its results for the 2015 third quarter.

The top line was up 13.2% in the quarter, driven by growth in all of our markets (Brazil +10.5%, CAC +24.8%, LAS +28.0% and Canada +3.0%). Volumes expanded by +0.2%, as the growth in Brazil (+1.0%), CAC (+16.1%) and Canada (+1.2%) was partially offset by a 6.4% decline in LAS. Net revenue per hectoliter (NR/HL) was up by a solid 13.0% driven by our revenue administration initiatives, a benefit of premium mix across most of our operations and the higher weight of direct distribution in Brazil.

COGS raised 14.1% and cash COGS were up 13.7%. On a per hectoliter basis, cash COGS raised 13.5%, mainly driven by inflationary pressures, unfavorable currency hedges and product mix, partially offset by the benefit of procurement savings initiatives, productivity gains and better commodity hedges.

Ambev S.A., through its auxiliaries, produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. The company operates through Latin America North, Latin America South, and Canada segments.

At the end of Monday’s trade, Franklin Resources, Inc. (NYSE:BEN)‘s shares dipped -2.96% to $35.11.

Franklin Resources, stated preliminary month-end assets under administration by the company’s auxiliaries of $790.0 billion at November 30, 2015, contrast to $801.1 billion at October 31, 2015, and $899.5 billion at November 30, 2014.

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.

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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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