On Friday, in the course of current trade, Shares of Teck Resources Ltd (USA) (NYSE:TCK), dropped -5.80%, and is now trading at $7.14.
Teck Resources Limited, stated second quarter adjusted profit attributable to shareholders of $79 million, or $0.14 per share, contrast with $72 million or $0.13 per share in 2014. Profit attributable to shareholders was $63 million ($0.11 per share) contrast with $80 million ($0.14 per share) a year ago.
“Our operations have turned in a solid performance for the quarter,” said Don Lindsay, President and CEO. “All of our operations have remained cash flow positive after sustaining capital investment and our balance sheet remains strong with over $6.5 billion of liquidity. This has been achieved notwithstanding a material drop in the U.S. dollar spot coal price since the startning of 2015.”
Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, Europe, and Africa. Its principal products comprise copper, counting copper concentrates and cathode copper; steelmaking coal; and refined zinc and zinc concentrates.
During an Afternoon trade, Shares of Johnson Controls Inc (NYSE:JCI), dipped -3.86%, and is now trading at $44.56.
Johnson Controls, stated net income from ongoing operations of $503 million, or $0.76 per share, on $9.6 billion in revenues. Adjusted non-GAAP diluted earnings per share from ongoing operations for the quarter were $0.91. As a result of the formerly declared sale of its Global Workplace Solutions (GWS) business, the Company has reclassified GWS results to suspended operations. Preceding year financial statements have been revised accordingly.
Not taking into account transaction / integration costs and non-recurring items in the third quarter, ongoing operations highlights comprise:
- Net revenues of $9.6 billion as compared to $9.8 billion in Q3 2014. Not taking into account the impact of foreign exchange, sales raised 5 percent
- Income from business segment ongoing operations of $848 million contrast with $745 million a year ago, up 14 percent (up 19 percent not taking into account foreign exchange)
- Segment income margins raised 120 basis points vs. the 2014 third quarter
- Diluted earnings per share of $0.91 as compared to $0.79 in the same quarter last year, up 15 percent
- Reduced Euro headwind offset by higher diesel costs and certain currencies
Johnson Controls, Inc. operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, in addition to building administration systems, controls, and security and mechanical equipment.
Finally, W W Grainger Inc (NYSE:GWW) , lost -0.15% Friday, hitting its highest level.
On June 2, Grainger’s IT security team discovered that the company was the subject of a cyberattack and that the intruders were able to access limited information on Grainger’s network. In response, Grainger right away began following its cybersecurity protocol by working with leading cybersecurity experts to investigate the situation; implementing improved security measures; and quickly notifying law enforcement officials. The company has not practiced any service disruptions or outages as a result of the incident.
The initial phase of this ongoing investigation is complete. At this time, Grainger has no evidence there is any impact to customers, suppliers or employees because there is no indication that information such as social security numbers or government identification numbers, banking information or credit/debit card information have been compromised by this incident. However, out of an abundance of caution, Grainger is offering 12 months of complimentary identity protection services to customers and employees.
W.W. Grainger, Inc. operates as a distributor of maintenance, repair, and operating (MRO) supplies; and other related products and services that are used by businesses and institutions primarily in the United States and Canada.
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