During Tuesday’s Morning trade, Shares of Chevron Corporation (NYSE:CVX), lost -0.22% to $85.41.
The Board of Directors of Chevron Corporation declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable September 10, 2015, to all holders of common stock as shown on the transfer records of the Corporation at the close of business August 19, 2015.
Chevron Corporation, through its auxiliaries, engages in the petroleum, chemicals, and power and energy operations worldwide. The company operates in two segments, Upstream and Downstream.
Shares of JetBlue Airways Corporation (NASDAQ:JBLU), inclined 1.17% to $23.87, during its current trading session.
JetBlue Airways Corporation stated its results for the second quarter 2015:
- Operating income of $282 million in the second quarter. This compares to operating income of $141 million in the second quarter of 2014.
- Pre-tax income of $250 million in the second quarter. This compares to pre-tax income not taking into account special items of $103 million in the second quarter of 2014. On a GAAP basis, pre-tax income was $345 million in the second quarter of 2014, which comprised of the gain on sale of JetBlue’s wholly-owned partner LiveTV.
- Net income of $152 million, or $0.44 per diluted share. This compares to JetBlue’s second quarter 2014 net income not taking into account special items of $61 million, or $0.19 per diluted share. On a GAAP basis, JetBlue’s second quarter 2014 net income was $230 million, or $0.68 per diluted share.
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts.
Finally, Eastman Chemical Co. (NYSE:EMN), gained 0.49%, and is now trading at $77.93.
Eastman Chemical Company declared earnings, not taking into account non-core items, of $2.01 per diluted share for second quarter 2015 as compared to $1.92 per diluted share for second quarter 2014. Stated earnings were $1.98 per diluted share for second quarter 2015 as compared to $1.92 per diluted share for second quarter 2014.
Corporate Results 2Q 2015 as compared to 2Q 2014
Sales revenue for second quarter 2015 was $2.5 billion, a 3 percent enhance contrast with second quarter 2014, primarily due to sales revenue from the Taminco Corporation, Commonwealth Laminating & Coating Inc., and aviation turbine oil businesses attained in 2014. This was partially offset by lower selling prices, particularly in the Specialty Fluids & Intermediates segment, lower Fibers segment sales volume, and an unfavorable shift in foreign currency exchange rates. Not taking into account the items described in Tables 3A and 4, second-quarter 2015 operating earnings were $480 million contrast with $441 million for second quarter 2014. The enhance was primarily due to Advanced Materials segment earnings growth, earnings from attained businesses, and improved spread as lower raw material and energy costs exceeded lower selling prices. These items were partially offset by propane hedges, lower Fibers segment sales volume, and an unfavorable shift in foreign currency exchange rates. Stated second-quarter 2015 operating earnings were $469 million contrast with $436 million for second quarter 2014.
Eastman Chemical Company, a specialty chemical company, manufactures and sells materials, chemicals, and fibers in the United States and internationally. The company’s Additives & Functional Products segment offers solvents, such as specialty coalescents and ketones and esters, glycol ethers, and alcohol solvents; cellulose and polyester-based specialty polymers, and paint additives; insoluble sulfur products; antidegradants; hydrocarbon resins; specialty intermediates, performance products, and formic acid; and alkylamine derivatives.
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