On Thursday, Shares of Flotek Industries Inc (NYSE:FTK), gained 37.92% to $17.64.
Flotek Industries, declared results for the three months ended June 30, 2015.
As stated on Form 10-Q filed with the U.S. Securities and Exchange Commission, Flotek stated that revenue for the three months ended June 30, 2015, was $87.0 million contrast to $105.3 million for the three months ended June 30, 2014 and $82.4 million for the first quarter of 2015. Second quarter, 2015 revenue raised 5.6% sequentially but reduced 17.4% when contrast to the same period in 2014. The decrease in year-over-year revenue was driven by the steep decline in oilfield activity; however, the enhance in sequential revenue was driven almost entirely by raised sales of Flotek’s Complex nano-Fluid completion chemistries as the Company’s marketing campaign and new direct distribution model offered noteworthyrevenue opportunities during the quarter.
Flotek Industries, Inc. develops and supplies oilfield products, services, and equipment to the oil, gas, and mining industries in the United States and internationally. Its Energy Chemical Technologies segment designs, develops, manufactures, packages, and markets specialty chemicals used in oil and gas well drilling, cementing, completion, stimulation, and production.
Shares of UnitedHealth Group Inc (NYSE:UNH), declined -1.05% to $119.34, during its last trading session.
Optum, declared the completion of its combination with Catamaran Corporation (CTRX) (CCT.TO). Catamaran and Optum’s pharmacy care services business, OptumRx, are predictable to serve the needs of more than 65 million people and fulfill more than one billion prescriptions in 2015.
The combination of Catamaran and OptumRx, which will operate as OptumRx, offers scaled, innovative pharmacy care services driving unmatched value to clients and consumers. OptumRx’s synchronized health care experience goes well beyond traditional pharmacy benefits administration (PBM) by integrating Optum’s data and analytics and connecting pharmacy care with a person’s overall health benefits and care administration. This provides a complete care solution for consumers and promotes partnership among pharmacists and care providers. The result is better health outcomes and cost savings as people consistently get the right medications, care and guidance at the right time. As consumers, employers and payers increasingly need to access costly specialty pharmaceuticals; these synchronization capabilities set OptumRx apart in the marketplace.
OptumRx and Optum are a part of UnitedHealth Group Incorporated [NYSE: UNH] with principal executive offices located at UnitedHealth Group Center, 9900 Bren Road East, Minnetonka, Minnesota 55343.
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services.
Finally, Con-way Inc (NYSE:CNW), ended its last trade with -1.56% loss, and closed at $36.64.
Con-way Freight, a less-than-truckload (LTL) carrier and partner of Con-way Inc. (CNW), declared its fleet upgrade cycle for 2015 features the purchase of 875 new Daimler Freightliner tractors to replace older units. The replacements will assist refresh the fleet and enable Con-way Freight to maintain one of the newest and most modern fleets in the LTL industry.
The company this year is taking delivery of about 450 of Freightliner’s Class 8 Cascadia model, which will be used in line-haul operations. The remaining deliveries will be the Freightliner M2 model, a Class 7 tractor which will be deployed primarily in city pickup and delivery service. The company also is adding 1,750 new trailers for its fleet this year, built by sister company Con-way Manufacturing. Both tractors and trailers have advanced aerodynamics packages to improve fuel economy.
“Upgrading our fleet with these advanced new tractors and trailers has many benefits,” said Tim Killilee, senior director of maintenance at Con-way Freight. “The new power units will provide greater fuel efficiency, as they are designed with better emission controls and features.”
“Most importantly, we have listened to our drivers and incorporated their feedback in the process, counting features they’ve identified as being critical,” added Killilee. “We also are investing in safety, as these tractors are factory equipped with an in-cab suite of safety technologies that’s unrivaled in the industry. These systems complement and enhance the skills of our professional drivers and, in our view, represent the safest-equipped trucks on the highway.”
Con-way Inc., together with its auxiliaries, provides transportation, logistics, and supply chain administration services to various manufacturing, industrial, and retail customers in North America and internationally.
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