Published On: Tue, Apr 18th, 2017

Electronic Arts (NASDAQ:EA) Releases Star Wars Battlefront II Will Release on November Worldwide- Apple (AAPL), Snyder’s-Lance (LNCE)

Electronic Arts Inc. (NASDAQ:EA) surged 0.21% in last regular trading with 2.16 Million trading volume. Electronic Arts Inc. (EA) at star wars celebration and Lucasfilm Ltd. reported that Star Wars Battlefront™ II will release on November 17, 2017 worldwide. Building upon the foundation of groundbreaking visuals and authenticity of EA’s Star Wars Battlefront, DICE, Motive and Criterion are teaming up to deliver one of the most expansive Star Wars games to date. Star Wars Battlefront II will allow players to experience the untold story of an Imperial elite special forces soldier in an all-new single player campaign. In epic multiplayer battles, players will be able to pilot a First Order TIE fighter through intense dogfights in space, and play as ground troopers or iconic heroes and villains, such as Yoda and Darth Maul, across all three Star Wars eras.

Executive Producer at Criterion, Matt Webster stated, “In Star Wars Battlefront II, we all wanted to really capture the essence of being heroic and how in Star Wars, anyone can become a hero. “Whether that’s playing as an iconic character like Rey or Luke, as a front-line trooper or fighter pilot in epic multiplayer battles, or playing through a new Star Wars story that bridges the gap between Star Wars™: Return of the Jedi™ and Star Wars™: The Force Awakens™, you will become a hero in Star Wars Battlefront II.” Corporation has the current ratio of 1.70 for the most recent quarter.

Apple Inc. (NASDAQ:AAPL) surged 0.55% to settle at $141.83 with the total traded volume of 16.51 Million shares. Consumers who need to replace their fourth generation iPad will now get a newer and more capable iPad Air 2 as a substitute from Apple Stores and authorized service providers, according to a media report.

Apple is doing this because the company has no stock left of the ageing and now discontinued fourth generation iPad, 9to5Mac website declared on Saturday. Apple has also asked its staff to inform consumers of the replacement unit’s colour and capacity.

The iPad Air 2 introduced a new gold colour option, and has 32GB and 128GB storage options while 16GB and 64GB models were discontinued.For that reason, the users may receive a slight upgrade in storage when getting a replacement in addition to the device’s newer and more powerful internals overall.The iPad Air 2 was launched back in 2014 as a replacement for the fourth generation iPad, which was discontinued in October the same year. The firm’s shares performance for the last one month was 0.81% and -1.05% in the previous week, whereas year to date performance was calculated 22.99%.

Snyder’s-Lance, Inc. (NASDAQ:LNCE) shown itself as moving stock, fell -15.43% to close at $33.76. Snyder’s-Lance, Inc. (LNCE) reported that a CEO transition and declared preliminary unaudited financial results for the first quarter ended April 1, 2017. For the first quarter of 2017, the Company expects net revenue in the range of $530 million to $532 million, an increase of approximately 18% to 19% from continuing operations in the first quarter of 2016, which benefited from two additional months of contribution from the Diamond brands. On a pro-forma basis, as if the transaction were completed on January 1, 2016, growth would have been approximately 1-3%. Snyder’s-Lance legacy branded net revenue is expected to increase approximately 8% to 9%.

GAAP net income attributable to Snyder’s-Lance, Inc. in the first quarter of 2017 is expected to be in the range of $11 million to $12 million, or $0.11 to $0.12 per diluted share. Net income attributable to Snyder’s-Lance, Inc. excluding special items is expected to be in the range of $13 million to $14 million, or $0.13 to $0.14 per diluted share.

Adjusted EBITDA in the first quarter of 2017 is expected to be in the range of $52 million to $54 million. Net income, excluding special items, and adjusted EBITDA are non-GAAP measures defined herein under “Use and Definition of Non-GAAP Measures,” and are reconciled to GAAP net income in the tables that accompany this release. Its total outstanding shares are 96.50 million shares and a floated share was 81.38 million. Its beta value stands at 0.60 times and price to earnings ratio was 78.15.

 

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