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Thursday 13 August 2015
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Active Stock’s News Report: Service Corporation International (NYSE:SCI), YY Inc (ADR) (NASDAQ:YY), Cvent Inc (NYSE:CVT), Scorpio Bulkers Inc (NYSE:SALT)

On Friday, Shares of Service Corporation International (NYSE:SCI), gained 1.65% to $31.44.

Service Corporation International has awarded $250,000 in scholarships to mortuary students across the country as part of the Company’s vision to promote service excellence in the funeral industry. Recipients are selected based on exemplary academic achievement and community service.

Overall, $250,000 has been awarded to 119 mortuary service science students since the program’s inception in 2011. This year’s 29 recipients of the 2015 SCI National Scholarship Program received an all-expense paid trip to Houston, TX, where they took part in personal interviews and met with SCI’s senior leadership and field administration.

Service Corporation International, together with its auxiliaries, provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments.

Shares of YY Inc (ADR) (NASDAQ:YY), declined -1.06% to $60.59, during its last trading session.

YY Inc., declared that it plans to release its second quarter 2015 financial results on Thursday, August 13, 2015 after market close. The Company will hold a conference call on Thursday, August 13, 2015 at 9:00 pm Eastern Time or Friday, August 14, 2015 at 9:00 am Beijing Time to talk about the financial results.

YY Inc., through its auxiliaries, operates an online social platform in the People’s Republic of China. It engages users in real-time online group activities through voice, video, and text on personal computers and mobile devices; and enables users to create and organize groups of various sizes to discover and take part in a range of online activities, counting music shows, online games, dating shows, live games broadcasting, and e-learning.

At the end of Friday’s trade, Shares of Cvent Inc (NYSE:CVT), gained 15.58% to $31.30.

Cvent, declared its financial results for the second quarter ended June 30, 2015.

Reggie Aggarwal, Chief Executive Officer of Cvent, said, “Cvent executed another strong quarter with revenue well above our guidance. Revenue upside fell to the bottom line, and together with better expense administration, assisted us achieve adjusted EBITDA that was also above the high end of our guidance range. In addition to over-performance from our core event administration and hospitality cloud solutions, revenue related to our record-breaking Cvent CONNECT user conference surpassed our expectations. With over 2,300 attendees, Cvent CONNECT offered us with an ideal forum to demonstrate firsthand how technologies like event mobile apps, self-service check-in kiosks and SocialWall media displays can enhance attendee engagement and the success of meetings and events.”

Cvent, Inc. provides a cloud-based enterprise event administration platform with solutions for both sides of the events and meetings value chain in North America and internationally.

Finally, Scorpio Bulkers Inc (NYSE:SALT), ended its last trade with 1.12% gain, and closed at $1.80.

Scorpio Bulkers, declared that Scorpio Services Holding Limited (“SSH”) purchased an aggregate of 500,000 common shares of the Company in the open market at an average price of $1.78 per share. The Company presently has 336,081,930 common shares outstanding, of which SSH owns 18,144,129, or 5.4%.

Scorpio Bulkers Inc., together with its auxiliaries, engages in the marine transportation of dry bulk commodities. Its fleet transports a range of major and minor bulk commodities, counting ores, coal, grains, and fertilizers along worldwide shipping routes.

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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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