On Monday, Shares of Apple Inc. (NASDAQ:AAPL), gained 3.64% to $119.72, as Apple Music leader Jimmy Iovine spoke about a possible new Apple TV product that focuses on curating content, Fortune reports.
“We all know one thing, we all have different television delivery systems, don’t we all wish that the delivery systems were better, as far as curation and service?” Iovine told Wired.
The company will reportedly launch a new version of its Apple TV set-top box later this year, and it may have a new operating system together with curation abilities that will assist customers to find something to watch.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, watches, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications.
Shares of Annaly Capital Management, Inc. (NYSE:NLY) declined -0.10% to $10.07, during its last trading session.
Annaly Capital Management declared that its Board of Directors has authorized the repurchase of up to $1 billion of its outstanding common shares through December 31, 2016.
Purchases made following the program will be made in either the open market or in privately negotiated transactions from time to time as permitted by securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by the Company in its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. The authorization does not obligate the Company to acquire any particular amount of common shares and the program may be suspended or suspended at the Company’s discretion without preceding notice. The Board will assess the effects of this program at its completion.
Annaly Capital Management owns a portfolio of real estate related investments in the United States. The company invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; acquires, finances, and manages commercial mortgage loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets; and operates as a broker-dealer.
Finally, TETRA Technologies, Inc. (NYSE:TTI), ended its last trade with 32.37% surge, and closed at $6.87.
TETRA Technologies declared second quarter 2015 earnings per share of $0.16, not taking into account Maritech and other charges, which compares to earnings of $0.10 per share in the second quarter of 2014, also not taking into account Maritech and other charges. Second quarter 2015 revenue not taking into account Maritech of $315.9 million raised 31% from the second quarter of 2014 primarily as a result of the acquisition of Compressor Systems, Inc. (“CSI”) on August 4, 2014 by CSI Compressco LP.
Merged GAAP second quarter 2015 earnings per share attributable to TETRA stockholders counting Maritech and other charges were earnings of $0.19, which compares to a loss of $(0.03) in the second quarter of 2014.
Highlights comprise:
- Record second quarter 2015 revenue, adjusted EBITDA, and operating income for the Fluids Division (adjusted EBITDA is a non-GAAP financial measure that is reconciled to the nearest GAAP measure in Plan F).
- Second quarter free cash flow of $43 million(1), not taking into account the impact of $4 million of Maritech asset retirement obligation expenditures.
- A $38 million reduction in TETRA net debt(2) contrast to the end of the first quarter of 2015, and an improvement in debt leverage ratio to 2.38x(3), marking the third successive quarter of debt improvements.
- The successful launch and completion of the first commercial application of our heavy zinc-free completion fluid.
- All TETRA Divisions not taking into account Maritech were profitable at the pretax income level in 2Q 2015, not taking into account the impact of a reserve for bad debts in Production Testing.
- DSOs improved by 13 days from 68 days at the end of March 2015.
- Continued reduction in operating expenses through staff reductions, multiple cost administration initiatives counting supplier consolidations and price reductions, and efficiency improvements driven by recent systems implementation initiatives.
TETRA Technologies, Inc., together with its auxiliaries, operates as a diversified oil and gas services company. It operates through four divisions: Fluids, Production Testing, Compression, and Offshore.
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.