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Sunday 2 August 2015
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Active Stocks News Recap: United States Steel Corp. (NYSE:X), Whole Foods Market, Inc. (NASDAQ:WFM), National Oilwell Varco, Inc. (NYSE:NOV)

On Wednesday, Shares of United States Steel Corp. (NYSE:X), surged 13.03% to $20.04.

United States Steel Corporation declared that its Board of Directors declared a dividend of five cents per share on U. S. Steel Common Stock. The dividend is payable September 10, 2015, to stockholders of record at the close of business August 12, 2015.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products.

Shares of Whole Foods Market, Inc. (NASDAQ:WFM), declined -0.29% to $40.82, during its last trading session.

Whole Foods Market declared the first five leases for its streamlined, value-oriented 365 by Whole Foods Market brand, with store openings planned through 2017.

The company revealed leases for 365 by Whole Foods Market locations in Bellevue, Washington; Houston; Portland, Oregon; and Santa Monica, California, and also declared that the first 365 store will be located in the Silver Lake neighborhood of Los Angeles.

Whole Foods Market presently operates 24 locations in the Los Angeles area. The company made the planned decision to renegotiate the lease in development for the Silver Lake location, converting it from a Whole Foods Market to a 365 by Whole Foods Market store. In doing so, the new store will be able to open its doors more quickly, capitalizing on the operational efficiencies and talented team member base already accessible in the area.

Whole Foods Market, Inc. operates as a retailer of natural and organic foods. The company’s stores offer produce and floral, grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, and body care products, in addition to lifestyle products, counting books, pet products, and household products.

Finally, National Oilwell Varco, Inc. (NYSE:NOV), ended its last trade with 2.24% gain, and closed at $43.89.

National Oilwell Varco stated that for its second quarter ended June 30, 2015, it earned net income of $289 million, or $0.74 per fully diluted share, contrast to first quarter ended March 31, 2015 net income of $310 million, or $0.76 per fully diluted share. Not taking into account other items and non-recurring charges from all periods, second quarter net income was $301 million, or $0.77 per fully diluted share, contrast to $1.14 in the first quarter of 2015 and $1.47 in the second quarter of 2014. Second quarter 2015 other items were $17 million in pre-tax severance and facility closure charges.

Revenues for the second quarter of 2015 were $3.91 billion, a decrease of 19 percent from the first quarter of 2015 and a decrease of 26 percent from the second quarter of 2014. Operating profit for the quarter, not taking into account the other items, was $455 million, or 11.6 percent of sales. EBITDA, not taking into account other items, was $627 million, or 16.0 percent of sales, down 45 percent from the preceding year.

National Oilwell Varco, Inc. designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production; and provides oilfield services to the upstream oil and gas industry worldwide. The company’s Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components.

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