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Friday 2 October 2015
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Notable Stocks News Recap: Twitter Inc (NYSE:TWTR), Rite Aid Corporation (NYSE:RAD), Blackstone Group LP (NYSE:BX), MGM Resorts International (NYSE:MGM)

On Monday, Shares of Twitter Inc (NYSE:TWTR), lost -0.18% to $25.25.

Twitter have been given an average recommendation of “Hold” by the forty-six ratings firms that are presently covering the firm, ARN reports. One investment analyst has rated the stock with a sell recommendation, twenty-eight have given a hold recommendation, fifteen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $41.07.

Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users.

Shares of Rite Aid Corporation (NYSE:RAD), declined -8.97% to $6.19, during its last trading session.

Rite Aid Corporation’s new marketing campaign to stop the flu goes right to the heart of where most people actually get sick – at work. The campaign, created by Rite Aid’s long-time agency MARC USA, is built around the insight that it’s important to protect yourself from the flu because others around you don’t and that Rite Aid gives you more tools to protect yourself with flu shots in store and at the workplace.

In 15 and 30 second TV spots now airing, we watch as a sneezing, wheezing colleague blows out his birthday candles at an office celebration. Co-workers cringe as he tries to pass out pieces of cake. Even the lady in the “I love cake” t-shirt runs in fear as a super reminds us that 63% of co-workers don’t get a flu shot (according to a 2014 CDC study*).

The message is echoed in radio, print, digital and in-store assets with calls to action like: “Get your flu shot – 65% say they would fly with the flu” and “Get your flu shot – 33% don’t wash their hands after sneezing.” Worse yet, at least one in four will come to work sick. So, the only way to be protected is to get a flu shot.

Rite Aid Corporation is a retail drugstore chain. The Company sells prescription drugs and a range of other merchandise, which are referred to as front-end products. The Company’s drugstores’ primary business is pharmacy services. It operates approximately 4,570 stores in 31 states across the country and in the District of Columbia.

Shares of Blackstone Group LP (NYSE:BX), declined -5.91% to $30.91, during its last trading session.

Phantom Cyber, a provider of security automation and orchestration, has raised $6.5M in Series A funding from Atlanta-based TechOperators and Blackstone (BX), one of the world’s leading global asset managers. Blackstone made the investment after using the product for several months as an Early Experience user. Zach Nelson, CEO of NetSuite Inc. (NYSE:N), John Thompson, CEO of Virtual Instruments and former CEO of Symantec, and Rein Capital also took part in the round. With the funding, Thomas E. Noonan, former CEO of Internet Security Systems (ISS), and General Partner at TechOperators, will join the Phantom board.

Organizations have adopted dozens of security technologies over the past decade, resulting in an army of point products, each delivering discrete capabilities and its own respective console. This piecemeal, static, and human-dependent approach is no match for today’s adversary.

Phantom streamlines security operations, solving the ‘last mile’ of the security problem and assisting organizations deal with a massive shortage in security talent. The company provides a security automation and orchestration platform that integrates with an enterprise’s existing security technologies to provide a layer of “connective tissue” between them. Organizations use Phantom’s digital “Playbooks” to execute in seconds what may normally take minutes or hours to accomplish across dozens of point products used in a typical enterprise security environment.

The Blackstone Group L.P. (Blackstone) is a global alternative asset manager and provider of financial advisory services. The Company’s alternative asset management businesses include investment vehicles focused on private equity, real estate, hedge fund solutions, non-investment grade credit, secondary funds and multi-asset class exposures falling outside of other funds’ mandates.

Finally, MGM Resorts International (NYSE:MGM), ended its last trade with -5.92% loss, and closed at $18.59.

MGM Resorts International administration will take part in the 2015 Gaming Investment Forum hosted by Deutsche Bank and UBS and other industry seminars at the Global Gaming Expo (G2E) Conference this week in Las Vegas.

MGM Resorts International is a holding company. Through its wholly owned subsidiaries, the Company owns and operates casino resorts. The Company operates in two segments: wholly owned domestic resorts and MGM China. The wholly owned domestic resorts segment includes non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities.

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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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