Bright Stocks in Review: Frontier Communications (NASDAQ:FTR), Avon Products (NYSE:AVP), Enbridge (NYSE:ENB)

Bright Stocks in Review: Frontier Communications (NASDAQ:FTR), Avon Products (NYSE:AVP), Enbridge (NYSE:ENB)

- in Business & Finance
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On Tuesday, Frontier Communications Corp (NASDAQ:FTR)’s shares inclined 0.22% to $4.65.

With its recent share price change, FTR market value has reached roughly $5.42 billion. Its most recent quarter balance sheet showed the company is standing at a 7.10 current ratio and possess -2.75 as debt to equity ratio. The company has a Profit Margin (ttm) of negative -2.70% and has 50.70% gross margins. The operating profit margin is 13.40%. The stock’s performance in 1 month is -3.41% and its volatility for the same period is 3.97%.

Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States.

Avon Products, Inc. (NYSE:AVP)’s shares gained 0.50% to $4.02. The market capitalization of Avon Products, Inc. (NYSE:AVP) is $1.74 billion with the total traded volume of the company is 8.75 million. Turning to market valuation, the Price-to-Sales ratio is 0.23. The dividend yield amounts to 5.97 percent and the beta ratio has a value of 1.72.

Avon Products, Inc. manufactures and markets beauty and related products worldwide. It offers beauty products, such as skincare, and personal care products, in addition to fragrances and color cosmetics; and fashion and home products comprising of jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products, and nutritional products.

Enbridge Inc (USA) (NYSE:ENB)‘s shares surged 2.57% to $31.98.

The Minnesota Public Utilities Commission (Commission) voted, at its most recent hearing on December 17, 2015, on several matters regarding the process to review the applications for a certificate of need and route permit for Enbridge Energy Partners, L.P.’s (“EEP”) projected Sandpiper pipeline and EEP’s portion of the Line 3 pipeline replacement project (“L3R”). The L3R project encompasses replacement of all segments of Line 3 between Hardisty, Alberta and Superior, Wisconsin and involves both EEP and Canadian auxiliaries of Enbridge Inc. (“ENB”, and together with EEP, “Enbridge”). Enbridge believes that most of those decisions comprised with Enbridge’s expectations and that they provide clarity on process matters related to execution of the pipeline projects. The outcome of one of the Commission’s votes, however, contemplates the need to finalize an environmental impact statement for the pipeline projects proceeding to, rather than contemporaneously with, the Commission addressing other required matters. If upheld in the final order, this requirement could potentially delay the completion dates of the pipelines beyond the dates originally anticipated by Enbridge.

Enbridge will not be in a position to fully assess the potential impact of the Commission votes until it has had an opportunity to review the formal written order, which is not predictable to be released for about 30 to 60 days. Following receipt of the order, Enbridge will take any necessary steps to ensure the timely completion of the pipelines.

Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals.

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