On Wednesday, Shares of B/E Aerospace Inc (NASDAQ:BEAV), lost -12.41% to $47.48.
B/E Aerospace, declared its second quarter 2015 financial results.
SECOND QUARTER 2015 HIGHLIGHTS CONTRAST WITH SECOND QUARTER PRECEDING YEAR
- Revenues raised 5.7 percent
- Operating earnings raised 6.3 percent
- Operating margin of 18.2 percent raised 10 basis points
- EBITDA margin of 21.2 percent raised 30 basis points
- Net earnings per diluted share of $0.75 raised 15.4 percent
- Declared a $0.19 per share quarterly dividend
B/E Aerospace, Inc. designs, manufactures, sells, and services cabin interior products for commercial aircraft and business jets in the United States and internationally. Its Commercial Aircraft segment offers first class, business class, tourist class, and regional aircraft seats, in addition to spares; oxygen storage, distribution, and delivery systems for commercial and business jet aircraft; coffee makers/water boilers, ovens, and refrigeration equipment; and modular lavatory, wastewater, and galley systems.
Shares of Cadence Design Systems Inc (NASDAQ:CDNS), declined -1.57% to $19.49, during its last trading session.
Cadence Design Systems declared that the Itseez OpenCV library of computer vision acceleration algorithms is now accessible on the Cadence Tensilica image/video digital signal processors (DSPs). The OpenCV software suite was ported by vision industry experts at Itseez and optimized by Cadence to make it much easier for designers to accelerate their compute-intensive vision processing applications.
The OpenCV library is well known for its advanced image processing, contour processing, computational geometry, various feature detectors and descriptors, object tracking, optical flow, camera calibration and machine learning tools.
Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide.
Finally, Vornado Realty Trust (NYSE:VNO), ended its last trade with 0.49% gain, and closed at $96.94.
Vornado Realty Trust, declared that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2015 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, August 3, 2015, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, August 4, 2015 at 10:00 a.m. Eastern Time (ET).
Vornado Realty Trust is a publicly owned real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in commercial real estate properties to create its portfolio.
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.
