On Tuesday, Shares of Peabody Energy Corporation (NYSE:BTU), surged 14.15% to $1.21, hitting its lowest level.
Peabody Energy Corporation stated second quarter 2015 revenues of $1.34 billion. Adjusted EBITDA totaled $87.0 million, which comprises $21.2 million in restructuring charges related to reductions in corporate and regional staff and Australian Mining Operations. Diluted Loss Per Share from Ongoing Operations totaled $(3.71), counting a $(3.06) per share impact related to asset impairments. Adjusted Diluted EPS totaled $(0.65), counting a $(0.07) per share impact related to restructuring activities.
“Peabody accelerated a number of initiatives in the second quarter to reduce operating costs, create a leaner organization and optimize our portfolio,” said Peabody Energy President and Chief Executive Officer Glenn Kellow. “As we manage through extended low-cycle market conditions, Peabody is taking aggressive actions on multiple fronts to preserve and enhance long-term value.”
Peabody Energy Corporation offers mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments.
Shares of The Coca-Cola Company (NYSE:KO), inclined 0.02% to $40.55, during its last trading session.
The Coca-Cola Company released its 12th annual Sustainability Report highlighting progress made in 2014 against the Coca-Cola system’s 2020 sustainability aims.
The report follows the Company’s sustainability framework – “Me, We, World” – and is rooted in three leadership priorities:
- Women: 5by20™, one of our value chain innovations continues progress in its commitment to enable the economic empowerment of 5 million women entrepreneurs by 2020. As of Dec. 31, 2014, our 5by20 programs had assisted enable nearly 865,000 women in 52 countries since the program launched in 2010.
- Water: We are also building business resiliency through our water stewardship efforts. In 2014, we replenished an estimated 94 percent (a calculated estimate of 153.6 billion liters) of the equivalent amount of water used in our finished beverages worldwide (based on 2014 sales volume) through 209 community water partnership projects in 61 countries. The foregoing is a global, aggregate number. The replenishment figure for individual countries may vary and/or be more or less.
- Well-being: The Coca-Cola system continues its work to meet global business commitments to promote well-being and to assist address the public health challenge of obesity. In 2014, Coca-Cola introduced more than 400 new beverage options, more than 100 of which are reduced-, low- or no-calorie and we supported more than 330 active, healthy living programs in 112 markets.
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages comprise nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.
Finally, Amazon.com Inc. (NASDAQ:AMZN), ended its last trade with -1.01% loss, and closed at $526.03.
Amazon.com, declared Amazon Launchpad, a new program that makes it easy for startups to launch, market, and distribute their products to hundreds of millions of Amazon customers across the globe. The program offers a streamlined onboarding experience, custom product pages, a comprehensive marketing package, and access to Amazon’s global fulfillment network, all geared toward assisting startups successfully launch their innovations and share their stories. With Amazon Launchpad, startups can overcome many of the challenges associated with launching new products by using Amazon’s retail expertise and infrastructure to create awareness and drive sales.
Amazon Launchpad offers participating startups:
- Brand Development: Custom product pages assist bring products to life through visually-compelling imagery and videos. Founders can tell their story and connect with customers in a personal way with Q&A about the startup. Products from these emerging brands are featured in the new Amazon Launchpad store, which is dedicated to showcasing startups and their innovations.
- Customer Reach: Amazon’s most powerful marketing tools – counting merchandised placements, personalized recommendations, and participation in the Amazon Vine customer reviews program – give products from startups added visibility. Startups also enjoy access to Amazon’s global fulfillment network, fast and free shipping with Amazon Prime, and customer service.
- Global Expansion: When startups are ready to reach customers outside the U.S., Amazon Launchpad can assist them expand globally with cost-effective supply chain solutions and marketing programs in more than 10 Amazon marketplaces around the world.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily comprise merchandise and content purchased for resale from vendors and those offered by third-party sellers.
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