The Walt Disney Company (NYSE: DIS) announced plans to build two additional cruise ships, each of them showcasing the immersive family entertainment, enchanting storytelling and unparalleled service that only Disney can deliver. The company has entered into a memorandum of agreement with the Meyer Werft shipyard in Germany. The schedule calls for the new ships to be completed in 2021 and 2023.
The Walt Disney Company (NYSE:DIS) belongs to Services sector. Its net profit margin is 16.70% and weekly performance is 3.33%. On last trading day company shares ended up at $98.48. The Walt Disney Company (NYSE:DIS) distance from 50-day simple moving average (SMA50) is 1.06%.
On March 3 2016, Lipocine Inc. (NASDAQ:LPCN) entered into a Commercial Manufacturing Services and Supply Agreement (the “Agreement”) with M.W. Encap Ltd. (“Encap”), a United Kingdom based contract manufacturer, a division of Capsugel Dosage Form Solutions. The Agreement is effective as of March 3, 2016 (the “Effective Date”). Pursuant to the Agreement, Encap has agreed to manufacture and supply bulk commercial quantities of the Company’s oral testosterone replacement therapy product candidate, LPCN 1021 (the “Product”). LPCN 1021 is currently the subject of a New Drug Application (“NDA”) which was accepted for filing by the U.S. Food and Drug Administration (the “FDA”) in October 2015.
Lipocine Inc. (NASDAQ:LPCN) shares fell -5.21% in last trading session and ended the day at $9.65. LPCN return on assets is -45.30%. Lipocine Inc. (NASDAQ:LPCN) quarterly performance is -27.88%.
Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2016 third quarter financial results before the market opens on Tuesday, April 5, 2016, with a conference call to follow at 8:30am ET. Gene Lee, CEO, and other senior management will discuss third quarter results and conduct a question and answer session. For those who cannot listen to the live broadcast, a replay will be available shortly after the call.
On 04 March, Darden Restaurants, Inc. (NYSE:DRI) shares advanced 0.17% and was closed at $64.93. DRI EPS growth in last 5 year was -12.00%. Darden Restaurants, Inc. (NYSE:DRI) year to date (YTD) performance is 2.83%.
On 29 February, Abraxas Petroleum Corp. (NASDAQ:AXAS) reported Production for the fourth quarter of 2015 is expected to average approximately 5,841 boepd (3,696 barrels of oil per day, 8,352 mcf of natural gas per day, 753 barrels of NGL per day). Abraxas volumes were negatively impacted by a 45 day delay in the gas takeaway expansion in the Bakken and unanticipated downtime on the system during installation, which caused curtailments on additional wells in the field.
Abraxas Petroleum Corp. (NASDAQ:AXAS) ended the last trading day at $1.15. Company weekly volatility is calculated as 11.80%. Abraxas Petroleum Corp. (NASDAQ:AXAS) showed a weekly performance of 30.68%.
On 25 February, Carriage Services, Inc. (NYSE:CSV) announced that its Board of Directors has approved the repurchase of up to an aggregate of $25 million of its common stock. The share repurchases may be made from time to time through open market transactions or privately negotiated transactions and are subject to market conditions, as well as corporate, regulatory, and other considerations. The company intends to make all repurchases in compliance with applicable regulatory guidelines and to administer the plan in accordance with applicable laws, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended.
Carriage Services Inc. (NYSE:CSV) shares advanced 0.10% in last trading session and ended the day at $20.80. CSV Gross Margin is 32.00% and its return on assets is 2.40%. Carriage Services Inc. (NYSE:CSV) quarterly performance is -18.62%.