On Wednesday, Shares of First Data Corporation (NYSE:FDC), lost - 0.26% to $15.36.
First Data Corporation, declared that it has changed the date and time for its third quarter earnings release and conference call. A press release with third quarter financial results will be released after the close of the market on Monday, October 26. The release will be available at investor.firstdata.com.
The company will host a conference call and webcast on Tuesday, October 27, at 8 a.m. EDT to review the results.
First Data Corporation provides electronic commerce and payment solutions for merchants, financial institutions, and card issuers worldwide. The company’s Merchant Solutions segment offers merchant acquiring services that facilitate the merchants ability to accept credit, debit, stored-value, and loyalty cards; and processing services comprising authorization, transaction capture, settlement, chargeback handling, and Internet-based transaction processing. It also provides prepaid stored-value card issuance and processing services for retailers and others; program administration and processing services for association-branded, bank-issued, open loop, stored-value, reloadable, and one time prepaid card products; electronic payroll distribution solutions; and check verification, settlement, and guarantee services.
Shares of Boeing Co(NYSE:BA), inclined 1.61% to $141.12, during its last trading session.
Boeing and Norwegian have finalized an order for 19 787-9 Dreamliners valued at more than $5 billion at current list prices. The order also comprises options for 10 more 787-9s, as the carrier looks to significantly grow its existing long-haul fleet into the next decade. It is the largest single order for 787-9s from a European airline.
Norwegian presently operates eight 787-8s and has formerly ordered 11 787-9s through lease agreements. With recently’s order, the carrier, headquartered in Oslo, will expand its total 787 fleet to nearly 40 airplanes in the coming years.
“This order of 19 new Dreamliners is a major milestone and enables Norwegian to offer a wide range of new routes to consumers worldwide. The order is also essential to further strengthening the company in the global competition,” said Bjørn Kjos, Norwegian’s CEO. “After two years of operating low-cost long-haul flights, our load factors have averaged in the nineties, which proves the demand for affordable flights between Europe and the US and Europe and Asia. Future growth and competiveness in the long-haul market depends on the fuel-efficient, state-of-the art 787 Dreamliner. Not least, the Dreamliner offers the best passenger experience.”
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.
Finally, Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN), ended its last trade with -2.25% loss, and closed at $14.32.
Patterson-UTI Energy, stated financial results for the three and nine months ended September 30, 2015. Counting the non-cash charges talked about below, the Company stated a net loss of $226 million, or $1.54 per share, for the third quarter of 2015, contrast to net income of $16.0 million, or $0.11 per share, for the quarter ended September 30, 2014. Revenues for the third quarter of 2015 were $422 million, contrast to $846 million for the third quarter of 2014.
For the nine months ended September 30, 2015, the Company stated a net loss of $236 million, or $1.61 per share, contrast to net income of $105 million, or $0.71 per share, for the nine months ended September 30, 2014. Revenues for the nine months ended September 30, 2015, were $1.6 billion, contrast to $2.3 billion for the same period in 2014.
The financial results for the three months ended September 30, 2015 comprise pretax non-cash charges totaling $280 million ($187 million after-tax, or $1.28 per share). These charges comprise $125 million from the impairment of all goodwill associated with the Company’s pressure pumping business, $131 million from the write-down of drilling equipment primarily related to mechanical rigs and spare rig components, $22.0 million from the write-down of pressure pumping equipment and closed facilities and $1.9 million related to the impairment of certain oil and natural gas properties. For the nine months ended September 30, 2015, the financial results also comprise pretax charges of $19.8 million related to a legal settlement and the impairment of certain oil and natural gas properties during the first six months of 2015.
Patterson-UTI Energy, Inc., through its auxiliaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company operates through three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas.
