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WebMD Health Corp. said Tuesday that its chief financial officer, Peter Anevski, is leaving the company. The health information services company named Senior Vice President of Finance Blake DeSimone as CFO. DeSimone joined WebMD in June 2015 from consumer electronics company D+M Holdings where he was CFO. Separately, WebMD said it expects third-quarter and 2016 financial results to be around the high end of its previously-provided guidance. On Aug. 8, WebMD said it expects third-quarter revenue of $168 million to $171 million, compared with the FactSet consensus of $170 million, and 2016 revenue of $695 million to $708 million, compared with expectations of $705.6 million. The stock, which was still inactive in premarket trade, has tacked on 4.4% year to date, while the S&P 500 has gained 5%.

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From:: Stock Market News

Tupperware Brands Corp. said Tuesday that Patricia Stitzel has been named president and chief operating officer, effective Oct. 1. She has been with the company for 20 years, serving as group president of the Americas since 2014. Simon Hemus, the current president and COO, has been named vice chairman of the company, leading the company’s geographic and market expansion projects. Hemus joined Tupperware in 2005 as part of the Sara Lee Corp. direct-selling business acquisition and has been COO since 2007. Tupperware shares are inactive in premarket trading, but up 26.3% for the past year. The S&P 500 Index is up 11.1% for the last 12 months.

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From:: Stock Market News

SeaWorld Entertainment Inc. said Tuesday it will spend $175 million to open new theme park attractions in 2017, including a new orca presentation in San Diego, a virtual reality experience in Orlando and new thrill rides at three theme parks. The new orca presentations are aimed at educational encounters rather than theatrical shows, and will launch in San Diego next year and expand to Orlando and San Antonio by 2019. “In developing new experiences we want guests to have fun, but also be inspired, and our parks are uniquely suited to create meaningful and fun vacations,” said Chief Executive Joel Manby. The stock, which was still inactive in premarket trade, has plunged 32% year to date while the S&P 500 has gained 5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Goldman Sachs on Tuesday dramatically slashed its oil forecast for the rest of 2016, warning that supplies will continue to outstrip demand regardless of what happens at an oil-producers meeting in Algiers this week. The analysts, led by Damien Courvalin and Jeffrey Currie, lowered their crude oil forecast for the fourth quarter to $43 a barrel from $50 previously. The downgrade comes as major oil producers are gathering for an informal meeting, with all eyes on whether OPEC and non-OPEC members will agree on a production deal. “While a potential deal could support prices in the short term, we find that the potential for less disruptions and still relatively high net long speculative positioning leave risks skewed to the downside into year-end,” the analysts said. Goldman Sachs expects a ramp up in production from countries such as Kazakhstan, Russia and Canada. “With our demand outlook unchanged, with year-on-year growth of 1.4 mb/d, this leaves us now forecasting that inventories will build in 4Q16 by 400 kb/d vs. our prior expectation for a 300 kb/d draw during the quarter,” GS said.

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From:: Stock Market News

Clarcor Inc. said late Monday its board of directors increased the company’s dividend by 14% to 25 cents a share. The dividend is payable Nov. 4 to shareholders of record Oct. 17. Shares of Clarcor, a maker and marketer of filtration products, were flat in late trading after ending the regular Monday session down 0.5%.

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From:: Stock Market News

Perry Capital, a hedge fund founded in 1988 by Richard Perry, is winding down its main funds after a string of losses, according to media reports Monday. “Although I continue to believe very strongly in our investments, process and team, the industry and market headwinds against us have been strong, and the timing for success in our positions too unpredictable,” Perry wrote in a letter to investors cited by both Reuters and Bloomberg News. Perry Capital’s closure is the latest upheaval in a industry plagued by a more challenging investment environment and spreading disenchantment with the high fees charged by hedge funds.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News