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Friday 7 August 2015
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Negative Stocks Watch List - Pentair plc. Common Share (NYSE:PNR), Sanchez Energy (NYSE:SN), ENSCO (NYSE:ESV), Allegheny Technologies (NYSE:ATI)

On Wednesday, Pentair plc. Common Share (NYSE:PNR)’s shares dwindled -3.49%, and closed at $62.21, as the Pentair plc offered an update to its earnings guidance for its first quarter ending March 28, 2015.

For the first quarter, the corporation now anticipates proceed of $1.48 billion or about $120 million lower than it formerly predictable. The corporation`s proceed expectations have been negatively influenced by the stronger dollar, slower than predictable oil and gas industry shipments and orders, broad-based slowing of global capital spending, and customer inventory de-stocking. As a result of the lower proceed expectations; the corporation now anticipates first quarter earnings per diluted share from ongoing operations (EPS) will be about $0.65. The corporation formerly predictable first quarter EPS would be in the range of $0.75 - $0.77.

Pentair plc operates as a diversified industrial manufacturing corporation in the United States, Europe, and internationally. The corporation operates through Valves & Controls, Technical Solutions, Flow & Filtration Solutions, and Water Quality Systems segments. It designs, manufactures, markets, and services valves, fittings, automation and controls, and actuators, in addition to provides engineering, design, inspection, maintenance, and repair services.

Sanchez Energy Corp (NYSE:SN), declined -3.36%, and closed at $13.80, during the last trading session on Wednesday, as Sanchez Energy Corporation declared that the Corporation has released an investor presentation with respect to its formerly declared sale of non-core producing assets to Sanchez Production Partners.

Sanchez Energy Corporation, an independent exploration and production corporation, focuses on the attainment, exploration, and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast. It has about 226,000 net leasehold acres in the oil and condensate, or black oil and volatile oil, windows of the Eagle Ford Shale in South Texas; and about 69,000 net leasehold acres in the Tuscaloosa Marine Shale in Mississippi and Louisiana.

At the end of Wednesday’s trade, ENSCO PLC (NYSE:ESV), dipped -3.32%, and closed at $22.73, as Ensco plc, will hold its first quarter 2015 earnings conference call at 10:00 a.m. CDT (11:00 a.m. EDT and 4:00 p.m. London) on Thursday, 30 April 2015. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be webcast live at www.enscoplc.com. Interested parties also may listen to the call by dialing 1-866-652-5200 within the United States, or +1-412-317-6060 from outside the U.S., and asking for the Ensco conference call. It is recommended that participants call 15 minutes before the planned start time.

Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. The corporation operates through three segments: Floaters, Jackups, and Other.

Allegheny Technologies Incorporated (NYSE:ATI), ended its Wednesday’s trading session with -3.28% loss, and closed at $30.07, as Allegheny Technologies Incorporated, will provide live Internet listening access to its conference call with investors and analysts planned for Tuesday, April 21, 2015 at 8:30 a.m. ET. The conference call will be conducted after the Corporation’s planned release of first quarter 2015 results.

The conference call will be broadcast, and accorporationing presentation slides will be accessible, at www.ATImetals.com. To access the broadcast, go to the home page and select “Conference Call”. Replay of the conference call will be accessible on the ATI website.

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The corporation operates through two segments, High Performance Materials and Components; and Flat-Roll

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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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