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Morning Alert: Citigroup Inc. (NYSE:C), Twenty-First Century Fox, Inc. (NASDAQ:FOXA), TearLab Corporation (NASDAQ:TEAR), Sony Corp (ADR) (NYSE:SNE), Pinnacle West Capital Corporation (NYSE:PNW)

Morning Alert: Citigroup Inc. (NYSE:C), Twenty-First Century Fox, Inc. (NASDAQ:FOXA), TearLab Corporation (NASDAQ:TEAR), Sony Corp (ADR) (NYSE:SNE), Pinnacle West Capital Corporation (NYSE:PNW)
Written by
Charles Donlon
Published on
November 7, 2014
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Jamie Forese, Co-President of Citigroup Inc. (NYSE:C) and Chief Executive Officer of the Institutional Clients Group, will present at the Bank of America Merrill Lynch 2014 Banking & Financial Services Conference on Thursday, November 13, 2014. Citigroup Inc. (NYSE:C) belongs to Financial sector. Its net profit margin is 14.90% and weekly performance is 1.58%. On last trading day company shares ended up $53.99. Citigroup Inc. (NYSE:C) distance from 50-day simple moving average (SMA50) is 3.93%. Twenty-First Century Fox Inc (NASDAQ:FOXA) Chief Operating Officer Chase Carey said the company is being "disciplined" about its options when considering streaming video offerings that bypass cable and satellite subscriptions. "We believe the traditional bundle offers great value to consumers and will be the primary consumer package for years to come," Carey said on Tuesday during an third quarter earnings call with analysts. He was referring to traditional cable packages that "bundle" together several channels for one price. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) shares increased 1.35% in last trading session and ended the day at $35.31. FOXA Gross Margin is 33.80% and its return on assets is 8.30%. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) quarterly performance is 3.09%. TearLab Corp (NASDAQ:TEAR) last released its earnings data on Wednesday, November 5th. The company reported ($0.17) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.17). The company had revenue of $5.20 million for the quarter, compared to the consensus estimate of $5.50 million. During the same quarter in the prior year, the company posted ($0.13) earnings per share. The company’s quarterly revenue was up 23.8% on a year-over-year basis. Analysts expect that TearLab Corp will post $-0.67 EPS for the current fiscal year. On 06 November, TearLab Corporation (NASDAQ:TEAR) shares moved down -15.36% and was closed at $2.26. TEAR EPS growth in last 5 year was 23.00%. TearLab Corporation (NASDAQ:TEAR) year to date (YTD) performance is -75.80%. Japanese international corporation Sony Corp (ADR) (NYSE:SNE) has decided to terminate around 800 employees in China in accordance with the conglomerate's plan to decrease workforce size in order to catch up with competitors in the mainland. Sony Corp (ADR) (NYSE:SNE)'s stock on 06 November traded at beginning with a price of $19.61 and when day-trade ended the stock finally fell -2.38% to end at $19.70. Sony Corp (ADR) (NYSE:SNE)'s showed weekly performance of 5.24%. Pinnacle West Capital (NYSE:PNW) last issued its quarterly earnings data on Friday, October 31st. The company reported $2.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.15 by $0.05. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the company posted $2.04 earnings per share. The company’s quarterly revenue was up 1.8% on a year-over-year basis. On average, analysts predict that Pinnacle West Capital will post $3.70 earnings per share for the current fiscal year. Pinnacle West Capital Corporation (NYSE:PNW) shares moved down -1.75% in last trading session and ended the day at $61.79. PNW Gross Margin is 41.20% and its return on assets is 2.90%. Pinnacle West Capital Corporation (NYSE:PNW) quarterly performance is 16.32%.

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