Best Stocks: Barrick Gold Corporation (NYSE:ABX), Melco Crown Entertainment Limited (NASDAQ:MPEL), Brookdale Senior Living Inc. (NYSE:BKD), Unitil Corp. (NYSE:UTL), Oceaneering International, Inc. (NYSE:OII)

Technology Stocks News 5

Barrick Gold Corporation (NYSE:ABX)’s cost-cutting may not be helping the company. For example, at Goldstrike (a large mine in Nevada), all-in sustaining costs decreased from $1,226 to $886 year over year. But that’s because Barrick focused on mining much higher-grade ore. The company also cut sustaining capital expenditures by 15%. Such a strategy is not sustainable in the long run if the company wants to maintain production levels. Barrick Gold Corporation (NYSE:ABX) belongs to Basic Materials sector. Its net profit margin is -25.90% and weekly performance is -5.69%. On last trading day company shares ended up $16.74. Barrick Gold Corporation (NYSE:ABX) distance from 50-day simple moving average (SMA50) is -8.97%.

Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) slightly moved down today after STANDARD CHARTERED.5 downgraded the operator of casino gaming and entertainment resort facilities, from “Outperform” to “In-line” in a research report. Melco Crown Entertainment Limited (NASDAQ:MPEL) shares moved down -0.86% in last trading session and ended the day at $27.79. MPEL Gross Margin is 30.50% and its return on assets is 8.80%. Melco Crown Entertainment Limited (NASDAQ:MPEL) quarterly performance is -13.86%.

Brookdale Senior Living Inc. (NYSE:BKD) said Tuesday that it has priced its public offering of 8,955,223 shares of its common stock at a price of $33.50 per share, raising gross proceeds of $300.0 million and net proceeds of about $287.1 million, after deducting the underwriting discounts and commissions and estimated offering expenses. On 10 September, Brookdale Senior Living Inc. (NYSE:BKD) shares moved down -0.15% and was closed at $33.84. BKD EPS growth in last 5 year was 61.80%. Brookdale Senior Living Inc. (NYSE:BKD) year to date (YTD) performance is 24.50%.

Zacks cut shares of Unitil Corp. (NYSE:UTL) from an outperform rating to a neutral rating in a research report sent to investors on Monday morning. The firm currently has $35.80 price target on the stock. Unitil Corp. (NYSE:UTL) ended the last trading day at $31.69. Company weekly volatility is calculated as 1.29%and price to cash ratio as 36.71. Unitil Corp. (NYSE:UTL) showed a weekly performance of -1.86%.

Oceaneering International, Inc. (NYSE:OII) announced that BP p.l.c. (NYSE:BP) has exercised both one-year options to extend the Field Support Vessel Services contract with Oceaneering for work offshore Angola on Blocks 18 and 31. Under this contract term extension, Oceaneering will continue to provide project management, engineering, and vessel services through January 2017. Oceaneering International, Inc. (NYSE:OII) shares advanced 0.24% in last trading session and ended the day on $66.25. OII Gross Margin is 23.10% and its return on assets is 12.50%. Oceaneering International, Inc. (NYSE:OII) quarterly performance is -11.24%.

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