Why Need to Watch: MGIC Investment Corp. (NYSE:MTG), Neothetics, Inc. (NASDAQ:NEOT), MeadWestvaco Corporation (NYSE:MWV), Earthstone Energy Inc (NYSEMKT:ESTE), Ericsson (NASDAQ:ERIC)

MGIC Investment Corp. (NYSE:MTG) belongs to Financial sector. Its net profit margin is 33.30% and weekly performance is 0.97%. On last trading day company shares ended up $11.43. MGIC Investment Corp. (NYSE:MTG) distance from 50-day simple moving average (SMA50) is 4.34%. Barclays reaffirmed their overweight rating on shares of MGIC Investment Corp. (NYSE:MTG) in a research note issued to investors on Thursday, MarketBeat
reports. The firm currently has a $14.00 price target on the stock.

Neothetics, Inc. (NASDAQ:NEOT) shares moved up 7.37% in last trading session and ended the day at $9.91. NEOT return on assets is -40.00%. Neothetics, Inc. (NASDAQ:NEOT) quarterly performance is 21.74%. On June 30, Neothetics, Inc. (NASDAQ:NEOT) announced the initiation of the post-treatment safety and duration of effect study, LIPO-202-CL-23, of LIPO-202, the first non-invasive injectable drug candidate for reduction of central abdominal bulging due to subcutaneous fat in non-obese subjects. This is a supplemental safety study that Neothetics expects to submit to the U.S. Food and Drug Administration (FDA) as part of the company’s New Drug Application (NDA) package for LIPO-202, which the Company anticipates filing in the second half of 2016.

On 10 July, MeadWestvaco Corporation (NYSE:MWV) shares remains unchanged and was closed at $48.30. MWV EPS growth in last 5 year was 1.37%. MeadWestvaco Corporation (NYSE:MWV) year to date (YTD) performance is 9.91%. On July 6, it was reported that, WestRock has confirmed that it has begun operations following the recent completion of the merger between MeadWestvaco Corporation (NYSE:MWV) and Rock-Tenn Company. WestRock, now one of the world’s largest packaging companies with $15 billion in annual revenue and 42,000 employees in 30 countries, said that “it will support customers from approximately 275 operating and business locations around the world, including the most comprehensive substrate offering in the industry and a wide variety of packaging solutions for diverse end markets from food and beverage to personal care and healthcare.”

Earthstone Energy Inc (NYSEMKT:ESTE) ended the last trading day at $18.34. Company weekly volatility is calculated as 6.87% and price to cash ratio as 4.25. Earthstone Energy Inc (NYSEMKT:ESTE) showed a weekly performance of 0.49%. Earthstone Energy, Inc. (NYSEMKT:ESTE) announced that it has joined the Russell 3000 Index effective June 26, 2015. The Russell 3000 Index is widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. The Russell 3000 Index also represents the U.S. component of the Russell Global Index.

Ericsson (NASDAQ:ERIC) belongs to Technology sector. Its net profit margin is 4.70% and weekly performance is 0.58%. On last trading day company shares ended up $10.48. Ericsson (NASDAQ:ERIC) distance from 50-day simple moving average (SMA50) is -5.48%. Zain Iraq and Ericsson (NASDAQ:ERIC) have announced an extension of their managed services deal, which would otherwise have ended in 2016, for three additional years to the end of 2019. The partnership was initially forged in 2011 as part of Zain Iraq ‘s ambition to deliver a differentiated mobile experience and a high-quality network.

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