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Saturday 8 August 2015
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Active Stocks Highlights: Wells Fargo & Co (NYSE:WFC), SeaWorld Entertainment Inc (NYSE:SEAS), Owens & Minor, Inc. (NYSE:OMI)

On Thursday, Shares of Wells Fargo & Co (NYSE:WFC), lost -0.23% to $57.52.

The Wells Fargo Advantage Income Opportunities Fund, the Wells Fargo Advantage Multi-Sector Income Fund, and the Wells Fargo Advantage Utilities and High Income Fund have each declared a dividend declaration.

The Wells Fargo Advantage Income Opportunities Fund is a closed-end high-yield bond fund. The fund’s investment objective is to seek a high level of current income. The fund may, as a secondary objective, seek capital appreciation to the extent it is compriseent with its investment objective.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.

Shares of SeaWorld Entertainment Inc (NYSE:SEAS), inclined 4.25% to $18.14, during its last trading session.

SeaWorld Entertainment stated financial results for the first half and second quarter of 2015.

Overview

  • Stated an attendance decline in the second quarter due to the timing of Easter, record levels of rainfall in Texas and continued brand challenges in California, partially offset by improvements in demand at the Company’s other park locations, counting Florida.
  • Accomplished a debt refinancing, which, at current interest rates, should generate an average of $14.0 million in annual interest cost savings.
  • Returned $54.5 million to shareholders through dividend declarations thus far in 2015.
  • Reaffirmed full year 2015 Adjusted EBITDA guidance to be in the range of flat to up 3% as compared to 2014.

SeaWorld Entertainment, Inc. operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand name in Orlando, San Antonio, and San Diego; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; Discovery Cove marine-life theme park in Langhorne; and Sesame Place, a seasonal park in Langhorne.

Finally, Owens & Minor, Inc. (NYSE:OMI), ended its last trade with -0.29% loss, and closed at $34.62.

Owens & Minor declared that its board of directors has approved the payment of the third-quarter 2015 cash dividend in the amount of $0.2525 per share. The cash dividend is payable on September 30, 2015, to shareholders of record as of September 15, 2015.

Owens & Minor, Inc., together with its auxiliaries, operates as a healthcare logistics company. It operates through two segments, Domestic and International. The company offers supply chain assistance to the providers of healthcare services; and the manufacturers of healthcare products, supplies, and devices. Its service portfolio comprises of procurement, inventory administration, delivery, and sourcing for the healthcare market.

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.




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