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Sunday 20 September 2015
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Latest Update

Current Trade Stocks Recap: JPMorgan Chase & Co. (NYSE:JPM), Johnson & Johnson (NYSE:JNJ), Sonic Corporation(NASDAQ:SONC), Nike Inc(NYSE:NKE)

During Wednesday’s Current trade, Shares of JPMorgan Chase & Co. (NYSE:JPM), gain 0.09% to $63.64.

The Board of Directors of JPMorgan Chase & Co. (JPM) (“JPMorgan Chase” or the “Firm”) recently declared a quarterly dividend of 44 cents per share on the outstanding shares of the common stock of JPMorgan Chase. The dividend is payable on October 31, 2015, to stockholders of record at the close of business on October 6, 2015.

Shares of Johnson & Johnson(NYSE:JNJ), declined -0.21% to $94.21, during its current trading session.

Johnson & Johnson (JNJ) will host a conference call for investors at 8:30 a.m. (Eastern Time) on Tuesday, Oct. 13th, to review third-quarter results. Gary Pruden, Worldwide Chairman, Medical Devices; Dominic Caruso, Vice President, Finance and Chief Financial Officer and Louise Mehrotra, Vice President, Investor Relations, will host the call.

Johnson & Johnson, together with its auxiliaries, researches and develops, manufactures, and sells various products in the health care field worldwide. It operates in three segments: Consumer, Pharmaceutical, and Medical Devices. The Consumer segment offers baby care products under the JOHNSON’S brand name; oral care products under the LISTERINE brand name; skin care products under the AVEENO, CLEAN & CLEAR, DABAO, JOHNSON’S Adult, LE PETITE MARSEILLAIS, LUBRIDERM, NEUTROGENA, and RoC brand names; women’s health products, such as sanitary pads under the STAYFREE and CAREFREE, and o.b. tampon brand names; wound care products, counting adhesive bandages and first aid products under the BAND-AID and NEOSPORIN brand names; and nutritional products comprising no calorie sweetener under the SPLENDA brand name.

Sonic Corporation (NASDAQ:SONC), during its Wednesday’s current trading session decreased -3.73% to $24.36.

Sonic Corp. (SONC), the nation’s largest chain of drive-in restaurants, declared system-wide same-store sales for its fiscal 2015 of 7.3%. Same-store sales growth reflected an enhance of about 6.9% at company drive-ins and 7.3% at franchise drive-ins for the year ended August 31, 2015. The Company also declared that system-wide same-store sales for its fourth fiscal quarter raised about 4.9%. Same-store sales growth reflected an enhance of about 4.5% at company drive-ins and about 4.9% at franchise drive-ins for the fourth fiscal quarter.

Fiscal Year 2016 Outlook

While the macroeconomic environment may impact results, the Company anticipates its initiatives to drive 14% to 18% earnings per share growth for fiscal 2016. The outlook for fiscal 2016 anticipates the following elements:

  • 2% to 4% same-store sales growth for the system;
  • Royalty revenue growth from same-store sales improvements and new unit development;
  • 50 to 60 new franchise drive-in openings, with another year of net unit growth for the system;
  • Drive-in-level margin improvement between 75 to 125 basis points, depending upon the degree of same- of same-store sales growth at company drive-ins;

Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States. As of March 13, 2015, the company operated 3,517 restaurants in 44 states. It also leases signs and real estate. The company was founded in 1953 and is headquartered in Oklahoma City, Oklahoma.

Finally, Nike Inc (NYSE:NKE), gained 1.12%, to $115.10.

NIKE, Inc. (NKE) plans to release its first quarter fiscal 2016 financial results on Thursday, September 24, 2015, at about 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE administration will host a conference call starting at 2:00 p.m. PT to review results.

NIKE, Inc., together with its auxiliaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide. The company offers products in eight categories, counting running, basketball, football, men’s training, women’s training, sportswear, action sports, and golf under the NIKE and Jordan brand names.

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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.




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