On Tuesday, Shares of Expedia Inc (NASDAQ:EXPE), gained 1.61% to $124.56.
Expedia, declared that it has selected award-winning architecture firm Bohlin Cywinski Jackson (BCJ) to design its new 40-acre waterfront campus in Seattle. Expedia plans to relocate to the new campus in the City of Seattle from its current location in downtown Bellevue by 2018.
Expedia’s future campus is ideally situated at the north end of Seattle’s waterfront, which is in the midst of a billion dollar redevelopment and re-emergence as a world-class park, and located just minutes from downtown Seattle and along the Elliott Bay shoreline. It is also steps from the Seattle Art Museum’s 8.5-acre outdoor sculpture park and Myrtle Edwards Park.
Expedia, Inc., together with its auxiliaries, operates as an online travel company in the United States and internationally. The company operates in two segments, Leisure and Egencia.
Shares of BreitBurn Energy Partners L.P. (NASDAQ:BBEP), inclined 3.86% to $2.69, during its last trading session.
Breitburn Energy Partners, declared a cash distribution of $0.04166 per common unit for the second month attributable to the second quarter of 2015, payable on August 14, 2015, to record holders of its common units at the close of business on August 11, 2015. This monthly distribution is equal to a distribution of $0.50 per common unit on an annualized basis.
Breitburn also declared distributions for its 8.25% Series A Cumulative Redeemable Perpetual Preferred Units (BBEPP) and 8.0% Series B Perpetual Convertible Preferred Units. A cash distribution of $0.171875 per Series A Unit is payable on September 15, 2015, to record holders of its Series A Units at the close of business on August 31, 2015. This monthly distribution is equal to an annual distribution of $2.0625 per Series A Unit. Breitburn has elected to pay the distribution on the Series B Units in kind by issuing additional Series B Units instead of paying a cash distribution. A distribution of 0.006666 PIK unit per Series B Unit is payable on August 17, 2015, to record holders of Series B Units at the close of business on July 31, 2015.
Breitburn Energy Partners LP, an independent oil and gas partnership, acquires, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States.
At the end of Tuesday’s trade, Shares of PACCAR Inc (NASDAQ:PCAR), lost -2.08% to $63.14.
“PACCAR (NASDAQ:PCAR) achieved record quarterly net income in the second quarter of 2015,” said Ron Armstrong, chief executive officer. “PACCAR’s excellent financial results reflect the benefits of raised truck sales in North America and Europe, record quarterly aftermarket parts profit and robust financial services results worldwide. I am very proud of our 24,500 employees who have delivered outstanding results to our shareholders and customers.”
PACCAR earned $447.2 million ($1.26 per diluted share) for the second quarter of 2015, an enhance of 40 percent contrast to $319.2 million ($.90 per diluted share) earned in the second quarter of 2014. Second quarter net sales and financial services revenues were $5.08 billion, an 11 percent enhance contrast to $4.57 billion in the second quarter of 2014. For the first six months of 2015, PACCAR stated net income of $825.6 million ($2.32 per diluted share) contrast to $593.1 million ($1.67 per diluted share) in 2014, an enhance of 39 percent. Net sales and financial services revenues for the first six months of 2015 were $9.91 billion, 11 percent higher than the $8.95 billion last year.
PACCAR Inc, together with its auxiliaries, designs, manufactures, and distributes light, medium, and heavy-duty trucks and related aftermarket parts worldwide. It operates through three segments: Truck, Parts, and Financial Services.
Finally, Williams Partners LP (NYSE:WPZ), ended its last trade with -2.66% loss, and closed at $43.47.
Williams Partners, stated second quarter 2015 adjusted EBITDA of $1.01 billion, a $291 million, or 41 percent, enhance from second quarter 2014.
The enhance in adjusted EBITDA for second quarter 2015 is due to enhances of $345 million from Access Midstream as a result of the merger, $119 million from the Atlantic-Gulf segment and $16 million from the Northeast G&P segment. Partially offsetting these enhances were a $135 million decrease at NGL & Petchem Services due primarily to the absence of $138 million of assumed business interruption proceeds related to the Geismar plant and a $55 million decrease in the West due to lower NGL margins.
Williams Partners L.P., an energy infrastructure company, focuses on connecting North America’s hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL).
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
