Satellite imagery company Maxar to sell Canadian unit for CUS$1 billion

… built by Canadian technology company MDA, is seen over the uncrewed SpaceX Crew Dragon spacecraft as it makes the first Commercial Crew …

REUTERS: U.S. satellite imagery company Maxar Technologies Inc said on Monday it would sell its Canadian space robotics business to a consortium led by Northern Private Capital (NPC) for CUS$1 billion (US$765 million), in a bid to ease its debt.

The company’s shares were up 16.2per cent in premarket trading.

Maxar will retain its U.S.-based space robotics division, which is responsible for developing the robotic hardwares used in NASA’s Mars 2020 rover.

“This transaction combined with the recently completed sale of real estate in Palo Alto reduces Maxar’s overall debt by more than US$1 billion,” said Chief Financial Officer Biggs Porter. As of September, Maxar had a total debt of US$3.1 billion.

The acquisition of MacDonald, Dettwiler and Associates (MDA) will be financed through a combination of equity and debt.

MDA, which has helped construct part of the International Space Station, will operate as a stand-alone company within NPC’s portfolio following the transaction.

Reuters first reported in June that Maxar was exploring sale of its space robotics business.

MDA, which started in the basement of a Vancouver home, makes defense and maritime systems, radar geospatial imagery, space robotics, satellite antennas, and communication subsystems.

(Reporting by Amal S in Bengaluru; Editing by Shinjini Ganguli and Amy Caren Daniel)

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Head to Head Comparison: Intel (NASDAQ:INTC) versus Finisar (NASDAQ:FNSR)

Intel (NASDAQ:INTC) and Finisar (NASDAQ:FNSR) are both computer and technology companies, but which is the superior investment? We will …

Intel (NASDAQ:INTC) and Finisar (NASDAQ:FNSR) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, valuation, earnings, risk, dividends, analyst recommendations and profitability.

Analyst Ratings

This is a summary of recent recommendations for Intel and Finisar, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Intel 8 12 16 0 2.22
Finisar 0 3 0 0 2.00

Intel currently has a consensus target price of $56.37, suggesting a potential downside of 6.18%. Finisar has a consensus target price of $22.50, suggesting a potential downside of 5.34%. Given Finisar’s higher probable upside, analysts clearly believe Finisar is more favorable than Intel.

Profitability

This table compares Intel and Finisar’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Intel 27.46% 28.28% 16.11%
Finisar -3.48% 4.62% 3.07%

Insider & Institutional Ownership

65.3% of Intel shares are owned by institutional investors. Comparatively, 99.7% of Finisar shares are owned by institutional investors. 0.0% of Intel shares are owned by company insiders. Comparatively, 1.1% of Finisar shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Volatility and Risk

Intel has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500. Comparatively, Finisar has a beta of 1.52, indicating that its share price is 52% more volatile than the S&P 500.

Valuation and Earnings

This table compares Intel and Finisar’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Intel $70.85 billion 3.69 $21.05 billion $4.58 13.12
Finisar $1.28 billion 2.23 -$53.22 million $0.59 40.29

Intel has higher revenue and earnings than Finisar. Intel is trading at a lower price-to-earnings ratio than Finisar, indicating that it is currently the more affordable of the two stocks.

Summary

Intel beats Finisar on 9 of the 14 factors compared between the two stocks.

Intel Company Profile

Intel logoIntel Corporation offers computing, networking, data storage, and communication solutions worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments. The company offers microprocessors, and system-on-chip and multichip packaging products. It also provides NAND flash memory products primarily used in solid-state drives; and programmable semiconductors and related products for communications, data center, industrial, and military markets. In addition, the company develops computer vision and machine learning, data analysis, localization, and mapping for advanced driver assistance systems and autonomous driving. Its platforms are used in notebooks, systems, and desktops; cloud, enterprise, and communication infrastructure market segments; and retail, automotive, industrial, and various other embedded applications. It serves original equipment manufacturers, original design manufacturers, industrial and communication equipment manufacturers, and cloud service providers. Intel Corporation has a collaboration with Telefonaktiebolaget LM Ericsson (publ) to develop software defined infrastructure for network functions virtualization, distributed cloud, and 5G applications. The company was founded in 1968 and is based in Santa Clara, California.

Finisar Company Profile

Finisar logoFinisar Corporation provides components and subsystems to networking equipment manufacturers, data center operators, telecom service providers, consumer electronics, and automotive companies in the United States, China, Malaysia, and internationally. The company’s optical subsystems primarily include transmitters, receivers, transceivers, transponders, and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in wireline networks comprising switches, routers, and servers, as well as wireless networks, such as antennas and base stations. It also offers wavelength selective switches that are used to switch network traffic from one optical fiber to various other fibers without converting to an electronic signal. In addition, the company provides packaged laser, receivers, and photodetectors for data communication and telecommunication applications; and passive optical components for telecommunication applications. It markets its products through direct sales force, as well as distributors, manufacturers’ representatives and resellers, and system integrators; and to the manufacturers of storage systems and telecommunication equipment, as well as to their contract manufacturers. Finisar Corporation was founded in 1987 and is headquartered in Sunnyvale, California.

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Optical Isolator Market Development

Optical Isolator Market – Major Technology Giants in Buzz Again | Molex (Oplink), Finisar, Thorlabs. December 30, 2019 by statsandreports Leave a …

A new Market Research from Stats & Reports, the Global Optical Isolator Market 2019-25, is expected to show tremendous growth in the coming years. Analysts also analyzed the ongoing trends in Optical Isolator and the opportunities for growth in the industries. These shareholders include the following manufacturers of Optical Isolator: Molex (Oplink), Finisar, Thorlabs, AC Photonics, […]

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Real Estate Management Services Decreased Its Stake in William Lyon Homes (WLH) by $585000 …

Some Historical MSFT News: 10/04/2018 – C3 IOT & MICROSOFT REPORT PARTNERSHIP TO ON AI IN ENTERPRISE; 20/05/2018 – MICROSOFT …

Microsoft Corporation (NASDAQ:MSFT) Logo

Real Estate Management Services Llc decreased its stake in William Lyon Homes (WLH) by 15.5% based on its latest 2019Q2 regulatory filing with the SEC. Real Estate Management Services Llc sold 32,500 shares as the company’s stock rose 13.79% . The institutional investor held 177,200 shares of the homebuilding company at the end of 2019Q2, valued at $3.23 million, down from 209,700 at the end of the previous reported quarter. Real Estate Management Services Llc who had been investing in William Lyon Homes for a number of months, seems to be less bullish one the $736.26M market cap company. The stock decreased 0.71% or $0.14 during the last trading session, reaching $19.46. About 456,444 shares traded or 24.21% up from the average. William Lyon Homes (NYSE:WLH) has declined 9.49% since September 15, 2018 and is downtrending. It has underperformed by 9.49% the S&P500. Some Historical WLH News: 03/04/2018 – WILLIAM LYON HOMES WLH.N : WEDBUSH RAISES TARGET PRICE TO $32 FROM $31; 08/05/2018 – WILLIAM LYON 1Q ADJ EPS 27C; 08/05/2018 – WILLIAM LYON HOMES – QTRLY HOME SALES REVENUE OF $372.4 MLN, UP 44%; 09/03/2018 – William Lyon Homes Completes Acquisition Of RSI Communities, A Southern California And Texas Based Homebuilder

Schafer Cullen Capital Management Inc decreased its stake in Microsoft Corp. (MSFT) by 20.46% based on its latest 2019Q2 regulatory filing with the SEC. Schafer Cullen Capital Management Inc sold 238,834 shares as the company’s stock rose 6.56% . The hedge fund held 928,204 shares of the prepackaged software company at the end of 2019Q2, valued at $128.93M, down from 1.17 million at the end of the previous reported quarter. Schafer Cullen Capital Management Inc who had been investing in Microsoft Corp. for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 0.15% or $0.2 during the last trading session, reaching $137.32. About 16.55 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 29.33% since September 15, 2018 and is uptrending. It has outperformed by 29.33% the S&P500. Some Historical MSFT News: 10/04/2018 – C3 IOT & MICROSOFT REPORT PARTNERSHIP TO ON AI IN ENTERPRISE; 20/05/2018 – MICROSOFT BUYS SEMANTIC MACHINES FOR CONVERSATIONAL AI PUSH; 07/05/2018 – MSFT: DJI is teaming up with Microsoft for new Azure solutions #msbuild; 25/04/2018 – ZERTO REPORTS CROSS-SELLING PACT WITH MICROSOFT TO DELIVER ADVA; 15/03/2018 – MICROSOFT HAD 83 SEXUAL HARASSMENT COMPLAINTS IN LAST FISCAL YR; 05/03/2018 – STATS Extends Multi-Year Agreement to Provide Sports Data Information for Microsoft; 26/03/2018 – Hartford HLS Exits CVS, Cuts Microsoft, Buys More Danaher; 22/03/2018 – Databricks Delivers Microsoft Azure Databricks Addressing Customer Demand; 17/04/2018 – Columbus to Lead Key Sessions at Summit EMEA Microsoft Dynamics Conference; 12/03/2018 – Former Microsoft CFO Chris Liddell could be Trump’s next top economic adviser It could give Silicon Valley more influence in the Trump administration

Real Estate Management Services Llc, which manages about $741.04M and $148.30M US Long portfolio, upped its stake in Brandywine Realty Trust (NYSE:BDN) by 41,100 shares to 724,900 shares, valued at $10.38 million in 2019Q2, according to the filing.

Analysts await William Lyon Homes (NYSE:WLH) to report earnings on October, 29. They expect $0.25 EPS, down 63.24% or $0.43 from last year’s $0.68 per share. WLH’s profit will be $9.46 million for 19.46 P/E if the $0.25 EPS becomes a reality. After $0.31 actual EPS reported by William Lyon Homes for the previous quarter, Wall Street now forecasts -19.35% negative EPS growth.

More notable recent William Lyon Homes (NYSE:WLH) news were published by: Businesswire.com which released: “William Lyon Homes Announces Proposed Offering of $300.0 Million of Senior Notes Due 2027 – Business Wire” on June 24, 2019, also Ocbj.com with their article: “William Lyon Homes Considers Buyout, Again – Orange County Business Journal” published on May 16, 2019, Streetinsider.com published: “Wall Street Week Ahead: Lower rates could boost housing stocks, but risks remain – StreetInsider.com” on August 16, 2019. More interesting news about William Lyon Homes (NYSE:WLH) were released by: Seekingalpha.com and their article: “Why I Bought 2 Homebuilders – Seeking Alpha” published on February 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “William Lyon Homes (WLH) Q1 2019 Earnings Call Transcript – Yahoo Finance” with publication date: May 04, 2019.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 23. They expect $1.24 EPS, up 8.77% or $0.10 from last year’s $1.14 per share. After $1.37 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -9.49% negative EPS growth.

Investors sentiment decreased to 0.77 in Q2 2019. Its down 0.14, from 0.91 in 2019Q1. It fall, as 47 investors sold MSFT shares while 999 reduced holdings. 139 funds opened positions while 664 raised stakes. 5.28 billion shares or 2.38% less from 5.41 billion shares in 2019Q1 were reported. Van Cleef Asset Managementinc invested in 159,086 shares. 10,788 are held by Nuwave Investment Limited Co. Lee Danner And Bass Inc has invested 1.53% in Microsoft Corporation (NASDAQ:MSFT). University Of Notre Dame Du Lac has 68,746 shares. Barometer Cap Inc holds 1.95% or 112,160 shares in its portfolio. Palisade Mngmt Limited Liability Nj invested 0.22% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). 21,881 were reported by Jaffetilchin Partners Llc. Bessemer Grp Inc reported 8.47 million shares or 3.82% of all its holdings. Metropolitan Life Ins Co Ny has invested 3.65% in Microsoft Corporation (NASDAQ:MSFT). Parkside National Bank & stated it has 0.78% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Shell Asset Commerce owns 3.23% invested in Microsoft Corporation (NASDAQ:MSFT) for 1.09 million shares. 796,242 were reported by Riverbridge Prns Lc. Moreover, Guardian Life Ins Company Of America has 0.41% invested in Microsoft Corporation (NASDAQ:MSFT). Donaldson Mgmt Limited Company stated it has 371,230 shares. Spirit Of America Mgmt Corp stated it has 33,409 shares or 0.67% of all its holdings.

Schafer Cullen Capital Management Inc, which manages about $10.62 billion and $8.50B US Long portfolio, upped its stake in Engie Sa (Adr) by 791,184 shares to 2.04M shares, valued at $31.65M in 2019Q2, according to the filing. It also increased its holding in Intel Corp. (NASDAQ:INTC) by 1.24 million shares in the quarter, for a total of 2.89 million shares, and has risen its stake in Itau Unibanco Holding Sa (Adr) (NYSE:ITUB).

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “Now More Than Ever, Microsoft Stock Is a Buy – Nasdaq” on September 03, 2019, also Nasdaq.com with their article: “Technology Sector Update for 09/04/2019: COUP, BOX, ELTK, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” published on September 04, 2019, Nasdaq.com published: “Noteworthy Friday Option Activity: MSFT, RE, KMX – Nasdaq” on August 30, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Technology Sector Update for 09/10/2019: WB, PHR, TSM, MSFT, AAPL, CSCO, IBM, GOOG – Nasdaq” published on September 10, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 08/29/2019: MFGP, NTNX, ESTC, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” with publication date: August 29, 2019.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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Can Science Applications International Corporation Com (NYSE:SAIC)’s Tomorrow be Different …

Kohlberg Kravis Roberts Com Lp owns 4.03 million shares for 4.3% of their portfolio. Cambiar Investors Limited Liability Com invested in 0.07% or …

Science Applications International Corporation (NYSE:SAIC) Logo

Investors sentiment decreased to 0.99 in 2019 Q2. Its down 2.31, from 3.3 in 2019Q1. It dived, as 28 investors sold Science Applications International Corporation shares while 84 reduced holdings. 44 funds opened positions while 67 raised stakes. 43.41 million shares or 48.24% less from 83.87 million shares in 2019Q1 were reported.

Savant Capital Ltd Liability Com owns 0.04% invested in Science Applications International Corporation (NYSE:SAIC) for 3,097 shares. Texas Permanent School Fund holds 34,541 shares. State Street Corp holds 0.01% or 1.75 million shares. 7,178 are held by Bowling Management Limited Liability Corp. Ing Groep Nv holds 0.01% in Science Applications International Corporation (NYSE:SAIC) or 3,394 shares. New York-based Ack Asset Ltd Liability Corp has invested 3.24% in Science Applications International Corporation (NYSE:SAIC). Kohlberg Kravis Roberts Com Lp owns 4.03 million shares for 4.3% of their portfolio. Cambiar Investors Limited Liability Com invested in 0.07% or 29,912 shares. Nuveen Asset Management Limited Liability Co has 0.02% invested in Science Applications International Corporation (NYSE:SAIC) for 467,394 shares. Legal And General Gru Public Ltd Limited Liability Company owns 85,886 shares for 0% of their portfolio. Anchor Capital Advisors Limited Liability Co owns 11,838 shares for 0.04% of their portfolio. Carroll Financial has invested 0% in Science Applications International Corporation (NYSE:SAIC). Reilly Limited Liability holds 0% of its portfolio in Science Applications International Corporation (NYSE:SAIC) for 14 shares. 8 were reported by Winslow Evans & Crocker. Deutsche Bankshares Ag reported 64,481 shares stake.

The stock of Science Applications International Corporation Com (NYSE:SAIC) registered an increase of 2.54% in short interest. SAIC’s total short interest was 2.31M shares in September as published by FINRA. Its up 2.54% from 2.25 million shares, reported previously. With 464,300 shares average volume, it will take short sellers 5 days to cover their SAIC’s short positions.

The stock increased 0.95% or $0.79 during the last trading session, reaching $84.25. About 496,657 shares traded or 21.34% up from the average. Science Applications International Corporation (NYSE:SAIC) has risen 3.54% since September 15, 2018 and is uptrending. It has outperformed by 3.54% the S&P500.

Science Applications International Corporation provides technical, engineering, and enterprise information technology services primarily in the United States. The company has market cap of $4.86 billion. The companyÂ’s offerings include engineering; technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customersÂ’ IT infrastructure. It has a 29.09 P/E ratio. It serves the U.S. military comprising Army, Air Force, Navy, Marines, and Coast Guard; the U.S.

Science Applications International Corporation (NYSE:SAIC) Ratings Coverage

Among 2 analysts covering Science Applications Intl (NYSE:SAIC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Science Applications Intl has $9600 highest and $7700 lowest target. $83.33’s average target is -1.09% below currents $84.25 stock price. Science Applications Intl had 8 analyst reports since March 29, 2019 according to SRatingsIntel. The stock has “Market Perform” rating by Wells Fargo on Friday, March 29.

More notable recent Science Applications International Corporation (NYSE:SAIC) news were published by: Streetinsider.com which released: “Science Applications Int’l (SAIC) Tops Q2 EPS by 6c – StreetInsider.com” on September 05, 2019, also Seekingalpha.com with their article: “Science Applications Q2 2020 Earnings Preview – Seeking Alpha” published on September 04, 2019, Seekingalpha.com published: “SAIC slides after miss, H2 warning – Seeking Alpha” on September 06, 2019. More interesting news about Science Applications International Corporation (NYSE:SAIC) were released by: Finance.Yahoo.com and their article: “SAIC or NOW: Which Is the Better Value Stock Right Now? – Yahoo Finance” published on July 30, 2019 as well as Bizjournals.com‘s news article titled: “The deal is done. Engility is now a subsidiary of SAIC. – Washington Business Journal” with publication date: January 15, 2019.

Science Applications International Corporation (NYSE:SAIC) Institutional Positions Chart

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