Kratos Defense Selected by NETC and 4 Stocks Dipping to 52-Week Lows
The Aes Corp. (NYSE:AES) adjusted EPS view indicates a growth of 18 to 22 percent from FY11. Also, the company sees its FY12 free cash flow up 13 to 23 percent from FY11 at $1.05 billion to $1.25 billion, and it says it is committed to delivering 6 to 8 percent average annual total return in 2012 to 2015. The company says it will give its 2013 guidance on its Q4 earnings conference call. These statements were taken from slides that will be presented at the 47th Annual EEI Financial Conference. The shares closed at $9.91, down $0.05 or 0.5 percent on the day, trading in a 52-week range of $10.96 to $14.01.
Intel Corp. (NASDAQ:INTC): Microsoft (NASDAQ:MSFT) CEO Steve Ballmer stated that its Surface tablet sales are “starting modestly,” Dow Jones reports, citing an interview with French daily Le Parisien. Ballmer claims that the modest figures result from the Surface only being offered online and in a few Microsoft stores in the U.S. In the three months after the tablet was launched, Microsoft intends to offer a high-end version of the tablet that features Intel’s new processor. The shares closed at $20.77, down $0.03 or 0.14 percent on the day, trading in a 52-week range of $22.51 to $29.27.
Kratos Defense & Sec (NASDAQ:KTOS) has been selected by the U.S. Naval Education and Training Command, NETC, to provide training development and implementation for the U.S. Naval Chaplaincy School and Center, NCSC, in a contract with a value of $1.5 million. As part of the contract, Kratos is expected to develop four courses intended to assist in the career development of U.S. Navy Chaplains and Religious Programs Specialists. These courses are to be the first for NETC that use the Navy’s new Distance Learning, or DL, approach. DL is to use an open source, collaborative learning deployment environment, using both synchronous, online and facilitated learning events with asynchronous delivery using a problem-based, placing the individual who is learning at the center of the training. The four courses are to be developed to be delivered via a blend of live Instructor-Led Training, self-paced Interactive Multimedia Instruction, and collaborative learning events, includinding online and facilitated events, discussion boards, demonstration videos, live chat and project discussion forums. The shares closed at $4.39, down $0.2 or 4.36 percent on the day, trading in a 52-week range of $4.53 to $7.79.
Matador Resources (NYSE:MTDR) predicts that its 2012 annual oil production will be near the lower end of its guidance of 1.2 to 1.4 million barrels. The company has reiterated its previous 2012 guidance that was announced on March 7, 2012 and May 14, 2012 for the estimated capital spending of $313 million, an estimated exit rate for oil production of 5,000 to 5,500 Bbl per day, and an estimated total natural gas production of 12.5 to 13.5 Bcf. The shares closed at $8.34, down $0.15 or 1.77 percent on the day, trading in a 52-week range of $8.63 to $12.33.
R.R. Donnelley & Son (NASDAQ:RRD) has been awarded a multi-year print management agreement by Scotiabank, renewing and expanding the relationship of the companies. Scotiabank is a top multinational financial services provider, and it is Canada’s most international bank. Beneath the agreement’s terms RR Donnelley is to provide a range of products and services including digital printing, forms, kitting and fulfillment services, regulatory communications, and more. Furthermore, the relationship utilizes RR Donnelley’s proprietary CustomPoint system, delivering a highly configured suite of online services. Various initiatives have supported Scotiabank’s sustainability goals and assisted in reducing consumption by nearly 30,000 pages annually. Additionally, improved tracking of printing and paper usage have supported the Bank’s attempts to effectively size and report the strides made in using paper more efficiently. The shares closed at $9.17, down $0.25 or 2.65 percent on the day, trading in a 52-week range of $9.95 to $16.13.
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