On Friday, in the course of current trade, Shares of Calpine Corp. (NYSE:CPN), dropped -2.54%, and is now trading at $21.25.
Today, Calpine Corporation stated first quarter 2015 Adjusted EBITDA of $338 million, contrast to $446 million in the preceding year period, and Adjusted Free Cash Flow of $25 million, or $0.07 per diluted share, contrast to $130 million, or $0.31 per diluted share, in the preceding year period. Net Loss for the first quarter of 2015 was $10 million, or $0.03 per diluted share, contrast to $17 million, or $0.04 per diluted share, in the preceding year period. Net Loss, As Adjusted, for the first quarter of 2015 was $62 million contrast to Net Income, As Adjusted, of $56 million in the preceding year period. The decreases in Adjusted EBITDA, Adjusted Free Cash Flow and Net Income, As Adjusted, were primarily due to lower Commodity Margin driven largely by the impacts of the polar vortex in the first quarter of 2014, which resulted in significantly higher power and natural gas prices in our East region during that period, in addition to by the sale of six power plants in July 2014 and lower regulatory capacity revenue in PJM.
Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines.
During an Afternoon trade, Shares of Xerox Corporation (NYSE:XRX), gained 0.30%, and is now trading at $11.54.
Xerox Corporation, solves the paper puzzle with new services and tools that improve the way retailers, financial institutions, healthcare systems and other large enterprises deal with documents.
The offerings are the latest example of Xerox building greater automation and intelligence into its solutions and products, with the aim of assisting clients better manage their critical business processes.
Smarter supply chain
Xerox’s Workflow Automation Solution for Supply Chain Optimization, a service-based retail offering, uses the Datawatch Managed Analytics Platform to digitize, centralize, automate and govern error-prone and costly manual steps of a product lifecycle. The solution reduces labor and print costs, simplifies inventory and invoice reconciliation and improves fill rates by syncing data and applying automated analytics at the store level.
Automation across industries
To further strengthen its vertical industry offerings, Xerox introduces several workflow automation solutions built on its partnership with Hyland, creator of OnBase, to automate processes critical to business functions, such as:
- Loan Application Processing – captures loan application inputs from sources such as multifunction printers, mobile devices and web applications, and automatically routes them to loan officers through a tailored workflow. External data sources – such as credit reporting services and vehicle registration databases – are seamlessly integrated into the process and stored in a secure content administration system.
- Health Records Information Administration – assists hospitals improve productivity and enable better visibility into patient care by providing a single, comprehensive view of all clinical documents and data stored in an Electronic Health Record, Picture Archiving and Communication System and clinical content repository.
- Human Resources On-boarding – enhances the speed and efficiency of the on-boarding process by removing paper, automating steps and providing administration oversight. New hires are granted access to an employee portal to complete e-form “paperwork” and other required documentation online. Supporting organizations, such as facilities, IT and payroll, are engaged to ensure timely provisioning. Data is placed under records administration control for future reference, retrieval or destruction.
Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services.
Shares of AK Steel Holding Corporation (NYSE:AKS), during its Friday’s current trading session fell -0.79%, and is now trading at $5.04.
AK Steel, said that it will enhance current spot market base prices for all carbon flat-rolled steel products by a minimum of $20 per ton, effective right away with new orders.
AK Steel Holding Corporation, through its partner, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, counting coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms.
Finally, FireEye, Inc. (NASDAQ:FEYE), gained 6.34% Friday, after the cybersecurity firm raised its revenue forecast after the closing bell yesterday on the expectation that businesses and governments will enhance their security budgets amid rising concerns of cyber attacks.
FireEye now anticipates revenue for the year to be between $615 million and $635 million as compared to its previous view between $605 million and $625 million.
“The marketplace for cybersecurity is white hot, the needs for our FireEye and Mandiant solutions are white hot,” CEO David DeWalt told Reuters.
FireEye, Inc., together with its auxiliaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information. Its threat prevention solutions comprise appliances covering the Web, email, endpoint, file, and mobile threat vectors.
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