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Monday 17 August 2015
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Downtrend Watch List - R.R. Donnelley & Sons Company, (NASDAQ:RRD), Medtronic ,(NYSE:MDT), Lions Gate Entertainment, (NYSE:LGF), The ADT Corporation, (NYSE:ADT)

On Monday, Shares of R.R. Donnelley & Sons Company (NASDAQ:RRD), dropped -1.79% to $18.95.

R.R. Donnelley & Sons, declared that it will report first-quarter results and host a conference call on Thursday, May 7, 2015. The conference call and live webcast will start at 10:00am Eastern time.

R.R. Donnelley & Sons Company provides integrated communications solutions to private and public sector clients in the United States and internationally. The company operates through Publishing and Retail Services, Variable Print, Planned Services, and International segments.

Shares of Medtronic plc (NYSE:MDT), declined -1.80% to $76.21, during its last trading session.

Medtronic, declared that it has reached agreement on the terms of a consent decree with the U.S. Food and Drug Administration (FDA) specific to the company`s SynchroMed® drug infusion system and the Neuromodulation quality system. The agreement is subject to approval by the U.S. District Court for the District of Minnesota. Medtronic will be contacting physicians to ensure they have information about the agreement and the steps the company will be taking to continue to provide access to the SynchroMed drug infusion system.

The agreement between the FDA and Medtronic imposes certain restrictions on the company and outlines the steps it must take to address the FDA`s expectations. The company`s efforts are focused on the implementation of design changes to the SynchroMed drug infusion pump to address issues the company has formerly communicated, and on enhancing the Neuromodulation quality system. The agreement also comprises a defined process by which Medtronic can continue to provide physicians with access to the SynchroMed drug infusion system for patients.

The agreement does not require the retrieval of any Medtronic products. With this declaration there is no new information to share about the safety and performance of the SynchroMed drug infusion system. Patients with the SynchroMed drug infusion system do not need to change their current course of therapy, have the pump removed, or take any other action as a result of this agreement. This action is not related to Medtronic insulin pumps for diabetes. Additionally, the consent decree does not comprise any Medtronic businesses other than Neuromodulation. Medtronic does regularly communicate information on the performance of its products and new product safety information to physicians when accessible and will continue to do so in the future.

Medtronic plc, a healthcare solutions company, provides medical technologies, services, and solutions worldwide. It operates through three segments: Cardiac and Vascular Group, Restorative Therapies Group, and Diabetes Group.

At the end of Monday’s trade, Shares of Lions Gate Entertainment Corp. (NYSE:LGF), dwindled -1.79% to $31.85.

The 42nd Annual Daytime Emmy® Awards were back with an exclusive live television broadcast on Pop that was seen by nearly 900,000 viewers last night. The live premiere was the most-watched live event on Pop in eight years, dating back to when the network premiered “Live on the Red Carpet with Joan and Melissa” at the Academy Awards®.

The 42nd Annual Daytime Emmy® Awards ignited fans on social media and became the second highest ranked show in Nielsen’s Twitter TV Ratings for the night, just behind “Game of Thrones.” The live awards show out-ranked the 2015 Radio Disney Music Awards, “WWE Extreme Rules” and “Keeping up with the Kardashians” in the Nielsen Twitter TV rankings.

Pop aired two telecasts of the 42nd Annual Daytime Emmy® Awards on Sunday, April 26, counting a live broadcast at 8:00 PM, ET and 5:00 PM, PT with a repeat at 11:00 PM, ET and 8:00 PM, PT. The television broadcast was a partnership between the National Academy of Television Arts & Sciences (NATAS), Pop and Michael Levitt Productions.

Pop is a joint venture of CBS Corporation (NYSE: CBS.A and CBS) and Lionsgate (LGF). The partnership combines CBS’s programming, production and marketing assets with Lionsgate’s resources in motion pictures, television and digitally delivered content.

Lions Gate Entertainment Corp., an entertainment company, is engaged in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms, and international distribution and sales activities.

Finally, The ADT Corporation (NYSE:ADT), ended its last trade with -1.76% loss, and closed at $40.22.

The ADT Corporation, will release financial results for its fiscal second quarter 2015 before trading starts on Wednesday, April 29, 2015, and will host a conference call the same day at 8:30 a.m. ET to talk about the results.

The ADT Corporation provides monitored security, interactive home and business automation, and related monitoring services in the United States and Canada.

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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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