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Community Health Systems Inc. (CYH) Plunges 5.6%

Community Health Systems Inc. (CYH) Plunges 5.6%

Community Health Systems Inc. (CYH) had a rough trading day for Tuesday April 16 as shares tumbled 5.6%, or a loss of $-0.19 per share, to close at $3.20. After opening the day at $3.43, shares of Community Health Systems Inc. traded as high as $3.43 and as low as $3.05. Volume was 3.39 million shares over 12,116 trades, against an average daily volume of n/a shares and a total float of 118.07 million.

As a result of the decline, Community Health Systems Inc. now has a market cap of $377.83 million. In the last year, shares of Community Health Systems Inc. have traded between a range of $5.35 and $2.48, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Community Health Systems Inc., check out Equities.com’s Stock Valuation Analysis report for CYH.

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Community Health Systems is the largest publicly owned hospital operator in the United States. The company owns or leases over 100 general acute-care hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals.

Community Health Systems Inc. is based out of Franklin, TN and has some 87,000 employees. Its CEO is Wayne T. Smith.

Community Health Systems Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole

Anthera Pharmaceuticals Inc. (ANTH) Plunges 5.11%

Anthera Pharmaceuticals Inc. (ANTH) Plunges 5.11%

Anthera Pharmaceuticals Inc. (ANTH) had a rough trading day for Tuesday April 16 as shares tumbled 5.11%, or a loss of $-0.0048 per share, to close at $0.09. After opening the day at $0.07, shares of Anthera Pharmaceuticals Inc. traded as high as $0.10 and as low as $0.07. Volume was 20,228 shares over 14 trades, against an average daily volume of n/a shares and a total float of 26.18 million.

As a result of the decline, Anthera Pharmaceuticals Inc. now has a market cap of $2.34 million. In the last year, shares of Anthera Pharmaceuticals Inc. have traded between a range of $0.40 and $0.01, and its 50-day SMA is currently $n/a and 200-day SMA is NA.

Anthera Pharmaceuticals Inc is a biopharmaceutical company that focuses on developing and commercializing products to treat serious diseases associated with inflammation, including cardiovascular and autoimmune diseases. The company currently has one Phase 3-ready clinical program and two Phase 2 clinical programs. It was established in 2004.

Anthera Pharmaceuticals Inc. is based out of Hayward, CA and has some 21 employees. Its CEO is John Thompson.

Anthera Pharmaceuticals Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

 

Washington Federal Inc. (WAFD) Soars 5.7%

Washington Federal Inc. (WAFD) Soars 5.7%

Washington Federal Inc. (WAFD) had a good day on the market for Tuesday April 16 as shares jumped 5.7% to close at $32.27. About 1.11 million shares traded hands on 9,425 trades for the day, compared with an average daily volume of n/a shares out of a total float of 81.11 million. After opening the trading day at $30.52, shares of Washington Federal Inc. stayed within a range of $32.30 to $30.09.

With today’s gains, Washington Federal Inc. now has a market cap of $2.62 billion. Shares of Washington Federal Inc. have been trading within a range of $35.25 and $24.67 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Washington Federal Inc runs more than 200 offices across eight states, primarily in the West. Key states include Washington, Oregon, and Arizona, which account for nearly 80% of loans. Profits are derived mostly from interest sources, as non interest income makes up only about 7% of net revenue. Most of the loan book is oriented toward single-family mortgages, which account for 65% of the portfolio. Multifamily loans account for nearly 11%, and commercial real estate loans for about an additional 8%.

Washington Federal Inc. is based out of Seattle, WA and has some 1,910 employees. Its CEO is .

For a complete fundamental analysis of Washington Federal Inc., check out Equities.com’s Stock Valuation Analysis report for WAFD.

Washington Federal Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Washington Federal Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: WAFD’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

Cannabis 2.0 LPs Are Adapting To The Quickly Changing Canadian Market

canadian-cannabis

With total legalization in effect for only six months, the Canadian cannabis industry remains a tempest in a teapot.

Speaking Wednesday to the Benzinga Cannabis Capital Conference in Toronto, 420 Investor author Alan Brochstein moderated a panel of representatives from some of the leading cannabis suppliers serving the Canadian market discussing how their companies have so far approached finding a share of the still-nascent industry.

“You’re about to meet four of the OGs,” Brochstein said. “All of these companies have been around since 2013 or earlier.”

Cannabis Markets Scaling Supply To Demand

One of the major choke points affecting the Canadian market is meeting demand. The consensus among the panel is that the supply issue is at least partly a matter of scaling production to what is now a fully legal industry in a country of more than 37 million people.

Scott Walters, VP of corporate development with The Supreme Cannabis Co. Inc. SPRWF 1.23%, characterized the shift after the Oct. 17 legalization.

“After celebrating Oct. 17, not 5 minutes later, the entire executive team was planning for cannabis 2.0.”

Ray Gracewood, chief commercial officer for OrganiGram Holdings Inc OGRMF 3.35%, outlined his company’s concerted efforts to ramp up production.

“We are in the middle of working on expanding 36,000 kilograms of product to 100,000 kilograms, tripling our production.”

Allan Rewak, vice president of communication at Emerald Health Therapeutics Inc. EMHTF 1.79%, said getting product to stores is a critical component of the newly legal industry.

“We’ve seen in the cannabis markets that, with a decent retail supply, more than 80 percent [of sales] are done in brick-and-mortar,” said Rewak.

Marc Lakmaaker, vice president of investor relations at Aurora Cannabis Inc. ACB 2.61%, had a similar appraisal, touting Aurora’s own rapidly expanding production. He emphasized the critical role logistics will play in getting product to consumers.

“Getting from harvest to shelf, it’s a matter of getting logistics in order, working through an entire supply chain. We’re doing well in that.”

The Importance Of Customer Experience

Beyond bringing product to consumers, Canadian cannabis companies are establishing their brands and market presence. Building brand awareness ensures that consumers will buy again, but it also means brands have the opportunity to become synonymous with the overall cannabis market.

Supreme Cannabis’ Walters said that’s why he is firm on communicating and maintaining the company’s high standard of quality, particularly at the point of sale.

“We do a lot in our provincial stores with educating the budtender in communicating to the client what the product will do for them and making sure we are very clear about the products we are selling.”

The panel was in accord on how critical these consumer experiences are. Those, more than advertising, will determine a brand’s success.

“Consumers are still learning about brands, whether through online or in a brick-and-mortar store,” Emerald Health’s Rewak said. “We need to focus on providing a good, high-quality supply and let that discovery happen.”

 

Pinterest IPO What Worth Knowing

Pinterest-IPO

Pinterest to IPO Social Media takes on Wall Street Again

The basket of social media stocks will expand Thursday as Pinterest, Inc. joins the ranks of Facebook, Inc. SnapChat and others.

Pinterest will issue 75 million shares on the New York Stock Exchange under the ticker “PINS,” according to the firm’s S-1 filing.

At prices between $15 and $17, the offering represents 100 percent of outstanding shares and is expected to bring in about $1.466 billion. Editor’s note: Pinterest priced a 75-million share offering at $19 per share.

The lead underwriters include Goldman Sachs, JPMorgan and Allen & Company.

The company qualifies as an emerging growth company under the U.S. JOBS Act, which exempts management from certain SEC disclosure requirements.

Pinterest The Company

Pinterest operates a social media platform that includes a customized discovery board and visual blog. The site enables visitors to search and discover lifestyle inspiration.

“[Users] come to discover ideas for just about anything you can imagine: daily activities like cooking dinner or deciding what to wear, major commitments like remodeling a house or training for a marathon, ongoing passions like fly fishing or fashion and milestone events like planning a wedding or a dream vacation,” the San Francisco-based company said in the SEC filing.

Visitors organize their interests on curated boards to better visualize their goals. “Pinterest is the productivity tool for planning your dreams,” the prospectus said.

At the end of 2018, the firm recorded more than 250 million monthly active users contributing a monthly average of 2 billion searches.

By helping build brand awareness and improve online traffic for e-commerce, Pinterest considers itself a well-positioned advertiser. It estimates the global digital advertising market will grow from $272 billion in 2018 to $423 billion in 2022.

The Finances

In 2018, Pinterest recorded $755.93 million in revenue contributing to a net loss of $62.97 million. The previous year saw a loss of $130.04 million on revenue of $472.85 million.

 

Interview: Bitcoin Transactions and American Taxation

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a crypto currency wallet, most of them using bitcoin. The word bitcoin first occurred and was defined in the white paper that was published on 31 October 2008.

It is a compound of the words bit and coin. The white paper frequently uses the shorter coin. There is no uniform convention for bitcoin capitalization.

On 18 August 2008, the domain name “bitcoin.org” was registered. In November that year, a link to a paper authored by Satoshi Nakamoto titled Bitcoin.A Peer-to-Peer Electronic Cash System was posted.

Nakamoto implemented the bitcoin software as open source code and released it in January 2009 on SourceForge. The identity of Nakamoto remains unknown. In January 2009, the bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain, known as the genesis block. Embedded in the coinbase of this block was the following text:

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

This note has been interpreted as both a timestamp of the genesis date and a derisive comment on the instability caused by fractional-reserve banking.

One of the first supporters, adopters, and contributors to bitcoin was the receiver of the first bitcoin transaction, programmer Hal Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world’s first bitcoin transaction. Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold.

In the early days, Nakamoto is estimated to have mined 1 million bitcoins. In 2010, Nakamoto handed the network alert key and control of the Bitcoin Core code repository over to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Nakamoto subsequently disappeared from any involvement in bitcoin. Andresen stated he then sought to decentralize control, saying:

“So, if I get hit by a bus, it would be clear that the project would go on”

This left opportunity for controversy to develop over the future development path of bitcoin. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John’s.

Over 1 Million People in Line for Bitcoin Trading App

bitcoin back 2019

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a crypto currency wallet, most of them using bitcoin. The word bitcoin first occurred and was defined in the white paper that was published on 31 October 2008.

It is a compound of the words bit and coin. The white paper frequently uses the shorter coin. There is no uniform convention for bitcoin capitalization.

On 18 August 2008, the domain name “bitcoin.org” was registered. In November that year, a link to a paper authored by Satoshi Nakamoto titled Bitcoin.A Peer-to-Peer Electronic Cash System was posted.

Nakamoto implemented the bitcoin software as open source code and released it in January 2009 on SourceForge. The identity of Nakamoto remains unknown. In January 2009, the bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain, known as the genesis block. Embedded in the coinbase of this block was the following text:

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

This note has been interpreted as both a timestamp of the genesis date and a derisive comment on the instability caused by fractional-reserve banking.

One of the first supporters, adopters, and contributors to bitcoin was the receiver of the first bitcoin transaction, programmer Hal Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world’s first bitcoin transaction. Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold.

In the early days, Nakamoto is estimated to have mined 1 million bitcoins. In 2010, Nakamoto handed the network alert key and control of the Bitcoin Core code repository over to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Nakamoto subsequently disappeared from any involvement in bitcoin. Andresen stated he then sought to decentralize control, saying:

“So, if I get hit by a bus, it would be clear that the project would go on”

This left opportunity for controversy to develop over the future development path of bitcoin. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John’s.

Singapore Mall Sells Bitcoin Mining Hardware Station

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a crypto currency wallet, most of them using bitcoin. The word bitcoin first occurred and was defined in the white paper that was published on 31 October 2008.

It is a compound of the words bit and coin. The white paper frequently uses the shorter coin. There is no uniform convention for bitcoin capitalization.

On 18 August 2008, the domain name “bitcoin.org” was registered. In November that year, a link to a paper authored by Satoshi Nakamoto titled Bitcoin.A Peer-to-Peer Electronic Cash System was posted.

Nakamoto implemented the bitcoin software as open source code and released it in January 2009 on SourceForge. The identity of Nakamoto remains unknown. In January 2009, the bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain, known as the genesis block. Embedded in the coinbase of this block was the following text:

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

This note has been interpreted as both a timestamp of the genesis date and a derisive comment on the instability caused by fractional-reserve banking.

One of the first supporters, adopters, and contributors to bitcoin was the receiver of the first bitcoin transaction, programmer Hal Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world’s first bitcoin transaction. Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold.

In the early days, Nakamoto is estimated to have mined 1 million bitcoins. In 2010, Nakamoto handed the network alert key and control of the Bitcoin Core code repository over to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Nakamoto subsequently disappeared from any involvement in bitcoin. Andresen stated he then sought to decentralize control, saying:

“So, if I get hit by a bus, it would be clear that the project would go on”

This left opportunity for controversy to develop over the future development path of bitcoin. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John’s.

Bank of Japan: No Big Problems With Bitcoin So Far

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a crypto currency wallet, most of them using bitcoin. The word bitcoin first occurred and was defined in the white paper that was published on 31 October 2008.

It is a compound of the words bit and coin. The white paper frequently uses the shorter coin. There is no uniform convention for bitcoin capitalization.

On 18 August 2008, the domain name “bitcoin.org” was registered. In November that year, a link to a paper authored by Satoshi Nakamoto titled Bitcoin.A Peer-to-Peer Electronic Cash System was posted.

Nakamoto implemented the bitcoin software as open source code and released it in January 2009 on SourceForge. The identity of Nakamoto remains unknown. In January 2009, the bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain, known as the genesis block. Embedded in the coinbase of this block was the following text:

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

This note has been interpreted as both a timestamp of the genesis date and a derisive comment on the instability caused by fractional-reserve banking.

One of the first supporters, adopters, and contributors to bitcoin was the receiver of the first bitcoin transaction, programmer Hal Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world’s first bitcoin transaction. Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold.

In the early days, Nakamoto is estimated to have mined 1 million bitcoins. In 2010, Nakamoto handed the network alert key and control of the Bitcoin Core code repository over to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Nakamoto subsequently disappeared from any involvement in bitcoin. Andresen stated he then sought to decentralize control, saying:

“So, if I get hit by a bus, it would be clear that the project would go on”

This left opportunity for controversy to develop over the future development path of bitcoin. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John’s.

Ripple CEO and Ethereum Co-Founder Bash ICO Industry

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a crypto currency wallet, most of them using bitcoin. The word bitcoin first occurred and was defined in the white paper that was published on 31 October 2008.

It is a compound of the words bit and coin. The white paper frequently uses the shorter coin. There is no uniform convention for bitcoin capitalization.

On 18 August 2008, the domain name “bitcoin.org” was registered. In November that year, a link to a paper authored by Satoshi Nakamoto titled Bitcoin.A Peer-to-Peer Electronic Cash System was posted.

Nakamoto implemented the bitcoin software as open source code and released it in January 2009 on SourceForge. The identity of Nakamoto remains unknown. In January 2009, the bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain, known as the genesis block. Embedded in the coinbase of this block was the following text:

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

This note has been interpreted as both a timestamp of the genesis date and a derisive comment on the instability caused by fractional-reserve banking.

One of the first supporters, adopters, and contributors to bitcoin was the receiver of the first bitcoin transaction, programmer Hal Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world’s first bitcoin transaction. Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold.

In the early days, Nakamoto is estimated to have mined 1 million bitcoins. In 2010, Nakamoto handed the network alert key and control of the Bitcoin Core code repository over to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Nakamoto subsequently disappeared from any involvement in bitcoin. Andresen stated he then sought to decentralize control, saying:

“So, if I get hit by a bus, it would be clear that the project would go on”

This left opportunity for controversy to develop over the future development path of bitcoin. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John’s.