On Friday, in the course of current trade, Shares of Delta Air Lines, Inc. (NYSE:DAL), dropped -0.71%, and is now trading at $43.44.
Delta Air Lines, has filed for regulatory approval to offer new non-stop flights between Orlando, Florida, and Sao Paulo, Brazil, starting Dec. 19, 2015. Delta anticipates to serve the two cities with four (4) weekly flights. The airline’s planned alliance with GOL Linhas Aereas Inteligentes extends the reach of this service to 20 interior Brazil destinations and provides seamless connections at Guarulhos International Airport.
The projected service would be operated using a Boeing 767-300 aircraft, with 35 seats in Delta One, 32 seats in Delta Comfort+ and 143 seats in the Main Cabin.
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.
During an Afternoon trade, Shares of Jumei International Holding Limited (NYSE:JMEI), dipped -8.06%, and is now trading at $25.77.
Jumei International, declared its unaudited financial results for the first quarter ended March 31, 2015. The Company will host a conference call to talk about the results at 8:30 AM U.S. Eastern Daylight Time on May 22, 2015.
Unaudited First Quarter 2015 Financial Results
Total net revenues were US$250.6 million, an enhance of 61.8% from US$154.9 million in the first quarter of 2014. The enhance was primarily attributable to the shift from beauty product marketplace sales to merchandise sales, in addition to the enhance in the number of active customers and total orders. The number of active customers raised by 14.3% to about 5.6 million from about 4.9 million in the same period of 2014. The number of total orders raised by 18.4% to about 13.5 million from about 11.4 million in the same period of 2014.
Gross profit was US$78.7 million, an enhance of 15.2% from US$68.3 million in the first quarter of 2014. Gross profit as a percentage of net revenues reduced to 31.4% from 44.1% in the same period of 2014. The decrease was primarily due to the shift from beauty product marketplace sales to merchandise sales. Gross profit as a percentage of net GMV reduced slightly to 24.1% from 25.2% in the same period of 2014. Gross profit from merchandise sales as a percentage of net GMV of merchandise sales reduced to 28.6% from 33.4% in the same period of 2014. The decrease was primarily due to the change of product mix.
Jumei International Holding Limited operates as an online retailer of beauty products in the People’s Republic of China. The company offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children.
Shares of Archer-Daniels-Midland Company (NYSE:ADM), during its Friday’s current trading session fell -0.38%, and is now trading at $52.72.
Archer-Daniels-Midland Company, declared that it is investing in substantial improvements and expansions to its port facilities in Puerto San Martin in the Argentine state of Santa Fe, enhancing the company’s capability to export grain and other agricultural products from the region. The improvements, which will comprise the construction of a new berth for barge discharge and the addition of storage capacity, are predictable to be complete by early 2016.
The current export facilities in Puerto San Martin have an annual throughput of about 2 million metric tons. The improvements will enhance annual capacity by 25 percent, to 2.5 million tons, allowing ADM to reduce its reliance on third-party facilities, which recently are limiting the company’s ability to export increasing volumes from Paraguay. The expansion also will allow ADM to move a higher volume of products through its seamless, fully-owned network, assisting the company to deliver on its aim of providing customers with an identity-preserved supply chain from origination to processing.
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company’s Oilseeds Processing segment originates, merchandises, crushes, and processes soybeans and soft seeds into vegetable oils and protein meals.
Finally, DIRECTV (NASDAQ:DTV), lost -0.50% Friday.
DIRECTV, is assisting parents breathe a sigh of relief with the launch of its new DIRECTV Kids App, an easy-to-use and safe online environment that offers DIRECTV customers age-appropriate content anywhere, anytime – at no extra charge. The new DIRECTV Kids App, designed for children ages 5-10, offers hundreds of popular children’s shows and kid-friendly movies, accessible to watch instantly from Nickelodeon, Cartoon Network, HBO, STARZ, Sprout and more, based on the customer’s DIRECTV programming package.
DIRECTV will also use its long-standing relationship with Common Sense Media, to incorporate age-based ratings and reviews through the App. Common Sense Media is a not-for-profit organization dedicated to providing independent, trustworthy information and education to kids, parents and educators, so they can be better equipped to succeed in a world of media and technology.
DIRECTV, a digital television entertainment company, engages in the direct-to-home (DTH) business in the United States and Latin America. It acquires, promotes, sells, and distributes digital entertainment programming primarily through satellite to residential and commercial subscribers.
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.
