On Friday, Shares of Transocean Ltd. (NYSE:RIG), lost -2.35% to $13.74.
Transocean declared the plan for the payment of the second installment of its U.S. dollar-denominated dividend. The installment is $0.15 per share, totaling about $55 million based upon the number of presently outstanding shares. The installment represents the second of four quarterly installments totaling $0.60 per share, or about $218 million in the aggregate paid from additional paid-in capital, approved by shareholders at the company`s 2015 Annual General Meeting.
Dividend Plan - Second Installment
- August 21, 2015 - Ex-Dividend Date
- August 25, 2015 - Record Date
- September 23, 2015 - Installment Payment Date
Transocean Ltd., together with its auxiliaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services.
Shares of Tesla Motors, Inc. (NASDAQ:TSLA), inclined 0.26% to $243.15, during its last trading session.
Tesla Motors declares its 2015-second quarter operating and financial results.
2015 Second Quarter Highlights
- Tesla continues to report as a going concern. On August 10, 2015 the Company received a non-binding offer from its lender detailing projected terms for a revised credit facility. This facility, which is subject to final negotiation and approval by the Company and its lender, would allow the Company to continue operations through June 30, 2016 and assists to shape a successful strategy for a return to profitability.
- Tesla generated $3.0 million of gross margin on $18.2 million of revenues resulting in negative Adjusted EBITDA of ($1.4) million and a net loss of ($8.8) million during the second quarter of 2015. Tesla International stated an enhance in revenue during the quarter while Tesla Canada, Tesla USA and Tesla Offshore all practiced declines in activity during the quarter.
- Tesla Canada had 1 crew operational during the seasonally slow second quarter of 2015 using the Company’s multi-component wireless acquisition system (“Hawk”).
- Tesla Canada accomplished advance work and mobilization for several other Hawk programs heading into the third quarter of 2015.
Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles, electric vehicle powertrain components, and stationary energy storage systems in the United States, China, Norway, and internationally.
Finally, Media General, Inc. (NYSE:MEG), ended its last trade with -0.92% loss, and closed at $12.93.
Expanding its push into original content across all platforms, Media General has named Tony Optican as Head of Programming. Mr. Optican, a senior television development and programming executive, is based in Los Angeles and reports to Deb McDermott, Senior Vice President and Chief Operating Officer.
In this newly created role, Mr. Optican is responsible for building the Company’s content strategy, while ongoing to enhance current program offerings, such as BiteSizeTV’s entertainment variety show “Hollywood Recently Live”, which will air in several of FOX TV’s markets, counting New York, Los Angeles, and Chicago, and two-thirds of Media General’s markets, starting September 14, 2015. He will directly influence and impact all planned aspects of the programming efforts, providing creative vision in addition to partnering on the connected-screen sales opportunities that will leverage Media General’s unique position in the marketplace and capitalize on the Company-owned BiteSizeTV and industry partnerships.
Media General, Inc. owns and operates television stations in the United States. It operates 71 network-associated stations, and their associated digital media and mobile platforms, counting 22 CBS stations, 14 NBC stations, 12 ABC stations, 8 FOX stations, 7 MyNetworkTV stations, 7 CW stations, and 1 Telemundo station in 48 markets.
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 with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
