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Monday 13 July 2015
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Declined Stocks Traders Recap - Canadian Solar, (NASDAQ:CSIQ), Parker Drilling, (NYSE:PKD), Marriott International, (NASDAQ:MAR), Autodesk, (NASDAQ:ADSK)

On Thursday, Shares of Canadian Solar Inc. (NASDAQ:CSIQ), dropped -4.63% to $35.40.

Canadian Solar, declared that it won the Randstad Award as the nation’s Fourth Most Attractive Employer in Canada by Randstad Canada, the country’s leading staffing, recruitment, and HR services company. This is the second successive year that Canadian Solar has been selected as one of the top four most attractive employers in a nationwide survey of more than 9,500 Canadians. Furthermore, Canadian Solar placed first in the subcategories of engaging job content, good work-life balance, and corporate social responsibility.

In Randstad’s annual survey, respondents ranked companies based on financial health, positive training opportunities, job security, opportunities for career advancement, strong administration, interesting work content, a pleasant working environment, competitive compensation, a reasonable work-life balance, and corporate social responsibility. Founded in 2001 in Ontario, Canadian Solar has grown rapidly over the past 14 years to become North America’s largest module manufacturer and leading solar energy solutions provider.

Canadian Solar Inc., together with its auxiliaries, designs, develops, manufactures, and sells solar wafers, cells, and solar module products worldwide. The company operates in two segments, Module and Project.

Shares of Parker Drilling Co. (NYSE:PKD), declined -4.58% to $3.75, during its last trading session.

Parker Drilling, declared recently it intends to report its 2015 First Quarter financial results on Tuesday, May 5, 2015, after market close.

The Company anticipates to issue its earnings report on the evening of Tuesday, May 5, 2015 and will follow with a conference call the morning of Wednesday, May 6, 2015 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to review details of the report.

Parker Drilling Company, together with its auxiliaries, provides contract drilling and drilling-related services and rental tools in the United States, Latin America, Africa, the Middle East, the Asia Pacific, Europe, and the Commonwealth of Independent States.

At the end of Thursday’s trade, Shares of Marriott International, Inc. (NASDAQ:MAR), dwindled -4.55% to $80.05.

Marriott, stated first quarter 2015 results.

First quarter 2015 net income totaled $207 million, a 20 percent enhance over 2014 first quarter net income. Diluted earnings per share (EPS) in the first quarter totaled $0.73, a 28 percent enhance from diluted EPS in the year-ago quarter. First quarter 2015 results reflect impairment charges totaling $12 million pretax while the preceding year quarter comprised of both a $10 million pretax impairment charge and a net $16 million tax benefit. On February 18, 2015, the company forecasted first quarter diluted EPS of $0.68 to $0.72.

For the 2015 first quarter, RevPAR for worldwide comparable systemwide properties raised 6.8 percent (a 5.2 percent enhance using actual dollars).

In North America, comparable systemwide RevPAR raised 6.9 percent (a 6.6 percent enhance using actual dollars) in the first quarter of 2015, counting a 4.9 percent enhance (a 4.7 percent enhance in actual dollars) in average daily rate. RevPAR for comparable systemwide North American full-service hotels (counting Marriott Hotels, The Ritz-Carlton, Renaissance Hotels, Gaylord Hotels and Autograph Collection Hotels) raised 5.3 percent (a 5.0 percent enhance in actual dollars) with a 4.6 percent enhance (a 4.3 percent enhance in actual dollars) in average daily rate. RevPAR for comparable systemwide North American limited-service hotels (counting Courtyard, Residence Inn, SpringHill Suites, TownePlace Suites and Fairfield Inn & Suites) raised 8.3 percent (an 8.0 percent enhance in actual dollars) in the first quarter with a 5.6 percent enhance (a 5.3 percent enhance in actual dollars) in average daily rate.

International comparable systemwide RevPAR rose 6.7 percent (a 0.2 percent decline using actual dollars) in the first quarter.

MARRIOTT REVENUES totaled over $3.5 billion in the 2015 first quarter contrast to revenues of nearly $3.3 billion for the first quarter of 2014. Base administration and franchise fees totaled $369 million contrast to $318 million in the year-ago quarter, an enhance of 16 percent. The enhance largely reflected higher RevPAR, higher property-level food and beverage revenue, new unit growth and $19 million of higher relicensing fees.

Marriott International, Inc. operates, franchises, and licenses hotels and timeshare properties worldwide. It operates through three segments: North American Full-Service, North American Limited-Service, and International.

Finally, Autodesk, Inc. (NASDAQ:ADSK), ended its last trade with -4.55% loss, and closed at $56.83.

In two separate but related efforts to advance the future of digital and physical creation, Autodesk, declared it is working with Microsoft Corp. to embed its 3D printing platform in Windows 10, and that it intends to make its 3D modeling software interoperable with Microsoft’s mixed reality environment, Microsoft HoloLens.

In the first initiative, Autodesk will embed its Spark 3D printing software platform in Windows 10. This effort will provide Windows users with direct access to optimized and more reliable 3D printing experiences that streamline the additive manufacturing process for a variety of software, material, and printer choices. Autodesk will make the Spark APIs accessible for free* to the Microsoft developer community to build upon, extending the reach and growth of the 3D printing industry. Further, to their combined aim of making 3D printing more accessible, Autodesk will also join Microsoft as a founding member of a 3D Manufacturing Format (3MF) Consortium to create and support a standard 3D interchange and printing format.

The second initiative is aimed at bringing 3D models from Autodesk software into the virtual reality environment of Microsoft HoloLens. Digital models using software such as Autodesk Maya or Fusion 360 could then be viewable in the mixed reality environment enabled by HoloLens. For game developers and filmmakers, this may accelerate the creation of a new generation of entertainment experiences. For designers and engineers, this may make it possible to digitally view a full scale model during the up-front design phase of product development, cutting down on the time and cost required for physical prototypes before fabrication.

Autodesk, Inc. operates as a design software and services company worldwide. The company’s Architecture, Engineering and Construction segment offers Autodesk Building Design Suites to manage various phases of design and construction; Autodesk Revit products that provide model-based design and documentation systems.

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