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Saturday 8 August 2015
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Active Stocks Highlights: Brookdale Senior Living Inc. (NYSE:BKD), Hanesbrands Inc. (NYSE:HBI), ArcelorMittal (NYSE:MT)

On Tuesday, Shares of Brookdale Senior Living Inc. (NYSE:BKD), lost -7.15% to $30.66, hitting its lowest level.

Brookdale Senior Living stated financial and operating results for the second quarter of 2015. Highlights comprised of:

  • Cash From Facility Operations (“CFFO”) of $0.60 per share for the second quarter of 2015, a decline from $0.63 per share in the first quarter of 2015, not taking into account integration, transaction, transaction-related and electronic medical records (“EMR”) roll-out costs in both periods.
  • Adjusted EBITDA of $230.1 million in the second quarter of 2015, a 0.3% decrease from the first quarter of 2015, not taking into account integration, transaction, transaction-related and EMR roll-out costs in both periods.
  • Same Community average monthly revenue per unit growth of 2.8% contrast with the second quarter of 2014, led by 3.8% growth in the legacy Brookdale portfolio.
  • Average occupancy for all merged communities in the second quarter of 2015 of 86.5%, a decline of 90 basis points from the first quarter of 2015.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Ongoing Care Retirement Communities (CCRCs), Rental, Brookdale Ancillary Services, and Administration Services.

Shares of Hanesbrands Inc. (NYSE:HBI), inclined 0.24% to $29.13, during its last trading session.

Hanesbrands stated second-quarter results, the sixth successive quarter of record year-over-year results for net sales, adjusted operating profit and adjusted earnings per share.

Results were driven by continued acquisition benefits, global supply chain performance and margin expansion. Net sales raised 13 percent to $1.52 billion in the quarter ended July 4, 2015, while adjusted operating profit not taking into account actions raised 15 percent to $265 million and adjusted EPS not taking into account actions raised 16 percent to $0.50.

Net sales in the quarter not taking into account foreign currency fluctuations and the acquisitions of DBApparel and Knights Apparel, raised 1 percent. The company drove noteworthy margin expansion in its Innerwear and Activewear segments.

Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparels for men, women, and children in the United States. The company operates through four segments: Innerwear, Activewear, Direct to Consumer, and International.

Finally, ArcelorMittal (NYSE:MT), ended its last trade with 0.67% gain, and closed at $9.

 

ArcelorMittal has published recently its Half-Year Report for the six-month period ended 30 June, 2015.

The report published recently is available on http://corporate.arcelormittal.com/ under Investors > Financial reports > Half-year reports and on the electronic database of the Luxembourg Stock Exchange (www.bourse.lu/).

ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products.

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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.

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