Search
Saturday 17 October 2015
  • :
  • :

Active Stocks on the Move: Delta Air Lines, Inc. (NYSE:DAL), Commercial Metals Company (NYSE:CMC), Phoenix New Media Ltd ADR (NYSE:FENG)

On Wednesday, Shares of Delta Air Lines, Inc. (NYSE:DAL), lost -2.43% to $40.18.

Delta Air Lines, stated financial and operating performance for June 2015.

Merged passenger unit revenue (PRASM) for the month of June reduced 4.5 percent year over year, driven by foreign exchange pressure and lower surcharges in international markets, in addition to domestic yields that have softened in select markets.

Delta Air Lines, Inc. provides planned air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita.

Shares of Commercial Metals Company (NYSE:CMC), declined -2.38% to $15.56, during its last trading session.

Commercial Metals Company, declared financial results for its third quarter ended May 31, 2015. Net earnings attributable to CMC for the three months ended May 31, 2015 were $56.7 million ($0.49 per diluted share) on net sales of $1.5 billion. This compares to net earnings attributable to CMC of $23.6 million ($0.20 per diluted share) on net sales of $1.7 billion for the third quarter ended May 31, 2014.

Earnings from ongoing operations for the third quarter of fiscal 2015 were $67.1 million ($0.58 per diluted share), contrast with earnings from ongoing operations of $24.5 million ($0.21 per diluted share) for the third quarter of fiscal 2014.

Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. It operates through five segments: Americas Recycling, Americas Mills, Americas Fabrication, International Mill, and International Marketing and Distribution.

Finally, Phoenix New Media Ltd ADR (NYSE:FENG), ended its last trade with -0.92% loss, and closed at $6.57.

Phoenix New Media Ltd, declared that it will hold its annual general meeting of shareholders at No. 2-6, Dai King Street, Taipo Industrial Estate, Taipo, New Territories, Hong Kong on August 18, 2015 at 10:00 a.m. Hong Kong time.

Holders of record of ordinary shares of the Company at the close of business on July 7, 2015 are entitled to notice of, and to vote at, the annual general meeting or any adjournment or postponement thereof. Holders of the Company’s American depositary shares (“ADSs”) who wish to exercise their voting rights for the underlying Class A ordinary shares must act through the depositary of the Company’s ADS program, Deutsche Bank Trust Company Americas.

Phoenix New Media Limited provides content on an integrated platform across Internet, mobile, and TV channels in the People’s Republic of China. It offers content and services through three channels, counting ifeng.com channel, video channel, and mobile channel, in addition to transmits content to TV viewers, primarily through Phoenix TV.

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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.

 




Leave a Reply

Your email address will not be published. Required fields are marked *