Morning Alert: Freeport-McMoRan Inc. (NYSE:FCX), Discovery Laboratories Inc. (NASDAQ:DSCO), PetroQuest Energy Inc. (NYSE:PQ), SanDisk Corp. (NASDAQ:SNDK), Bill Barrett Corp. (NYSE:BBG)

On 5 August, Freeport-McMoRan Inc. (NYSE:FCX) said that, it is reducing its capital spending by 31 percent the next two years in order to cut off the financial bleeding in the low oil price environment. Freeport-McMoRan Inc. (NYSE:FCX) belongs to Basic Materials sector. Its net profit margin is -34.30% and weekly performance is -10.38%. On last trading day company shares ended up $10.53. Freeport-McMoRan Inc. (NYSE:FCX) distance from 50-day simple moving average (SMA50) is -38.07%.

Discovery Laboratories Inc. (NASDAQ:DSCO) said that, it will host a live teleconference and webcast at 8:30 a.m. Eastern Time on Tuesday August 11, 2015 at which time management will discuss the 2015 second quarter financial results along with providing other business updates. Discovery Laboratories Inc. (NASDAQ:DSCO) shares decreased -2.82% in last trading session and ended the day at $0.44. DSCO Gross Margin is 6.70% and its return on assets is -83.80%. Discovery Laboratories Inc. (NASDAQ:DSCO) quarterly performance is -56.34%.

On 3 August, PetroQuest Energy Inc. (NYSE:PQ) announced a net loss to common stockholders for the quarter ended June 30, 2015 of $61,083,000, or $0.94 per share, compared to second quarter 2014 net income available to common stockholders of $9,592,000, or $0.15 per share. For the first six months of 2015, the Company reported a net loss to common stockholders of $183,323,000, or $2.83 per share, compared to net income available to common stockholders of$19,635,000, or $0.30 per share, for the 2014 period. On 07 August, PetroQuest Energy Inc. (NYSE:PQ) shares decreased -3.20% and was closed at $1.21. PQ EPS growth in last 5 year was 17.40%. PetroQuest Energy Inc. (NYSE:PQ) year to date (YTD) performance is -67.65%.

On 4 August, SanDisk Corp. (NASDAQ:SNDK) announced it has reached agreement with SK Hynix, Inc. to modify and extend their intellectual property licensing relationship and enter into a multi-year commercial relationship under which SK Hynix will supply its leading-edge DRAM products to SanDisk. SanDisk Corp. (NASDAQ:SNDK) ended the last trading day at $59.41. Company weekly volatility is calculated as 2.43% and price to cash ratio as 7.00. SanDisk Corp. (NASDAQ:SNDK) showed a weekly performance of -1.46%.

Equities research analysts at Northland Securities reduced their price target on shares of Bill Barrett Corp. (NYSE:BBG) from $10.00 to $5.50 in a note issued to investors on Friday. The brokerage presently has a “market perform” rating on the energy company’s stock. Northland Securities’ target price would suggest a potential upside of 11.56% from the stock’s previous close. Bill Barrett Corp. (NYSE:BBG) shares decreased -4.46% in last trading session and ended the day at $4.71. BBG Gross Margin is 79.00% and its return on assets is 0.20%. Bill Barrett Corp. (NYSE:BBG) quarterly performance is -54.05%.

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