On Thursday, in the course of Afternoon trade, Shares of Voya Financial Inc (NYSE:VOYA), dropped -0.18%, and is now trading at $45.21.
- Voya Financial, declared the following financial results for the second quarter of 2015:
- After-tax operating earnings1,2 of $179 million, or $0.78 per diluted share, contrast with $213 million, or $0.83 per diluted share in the second quarter of 20143. The following items primarily accounted for this change:
- $8 million, after-tax, of lower adjusted operating earnings from the Ongoing Business
- $11 million, after-tax, higher operating loss in the Corporate segment
- $5 million, after-tax, of negative DAC/VOBA and other intangibles unlocking contrast with $7 million, after-tax, of positive DAC/VOBA and other intangibles unlocking in the second quarter of 2014
Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. The company has five segments: Retirement, Annuities, Investment Administration, Individual Life, and Employee Benefits.
During an Afternoon trade, Shares of Sealed Air Corp (NYSE:SEE), dipped -1.34%, and is now trading at $54.61.
Sealed Air, declared the acquisition of B+ Equipment, a company headquartered in France that designs, manufactures and services automated packaging equipment for order fulfillment operations.
The acquisition comprises B+’s proprietary flagship I-Pack system and the newly introduced e-Cube™ system, both of which provide intelligent, high-velocity fulfillment – which is especially impactful in the area of e-commerce. Sealed Air has had a long-standing relationship with B+, as the exclusive licensee of the I-Pack system in North America, Australia, and New Zealand for more than five years.
Sealed Air Corporation provides food safety and security, facility hygiene, and product protection solutions worldwide. The company’s Food Care segment offers integrated system solutions that incorporate equipment systems into customers operations; and packaging equipment systems that incorporate various options for loading, filling and dispensing, and retort and aseptic processing conditions.
Shares of Yelp Inc (NYSE:YELP), during its Thursday’s current trading session fell -2.66%, and is now trading at $25.45.
Yelp, declared that Max Levchin has resigned as Chairman and Director to pursue other interests, effective right away.
“We thank Max for all his contributions to Yelp since its founding in 2004 when he offered the seed capital to start the company,” said Jeremy Stoppelman, Yelp’s chief executive officer. “Max saw Yelp grow from just an idea in my head to a company worth billions of dollars with Yelpers around the world. We have mutually agreed this is the right time for him to step down given the demands on his time. I am grateful for his contributions to Yelp’s success and wish him all the best going forward.”
Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories.
Finally, EXCO Resources Inc (NYSE:XCO), gained 7.20% Thursday.
EXCO Resources, declared that its 2015 Annual Meeting of Shareholders (the “Annual Meeting”) has been recessed to provide shareholders additional time to consider the proposals and to ensure the tabulation accuracy associated with the electronic voting process used by EXCO’s tabulator. The Annual Meeting will reconvene at 4 p.m. central time on August 7, 2015, at the corporate office of EXCO, 12377 Merit Drive, First Floor Conference Center, Dallas, Texas.
EXCO’s Board of Directors continues to recommend that all EXCO shareholders approve each proposal presented at the Annual Meeting. EXCO shareholders of record at the close of business on June 8, 2015 are entitled to vote at the Annual Meeting.
EXCO Resources, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and production of onshore oil and natural gas properties with a focus on shale resource plays in the United States.
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