On Tuesday, in the course of Afternoon trade, Shares of Exelon Corporation (NYSE:EXC), dropped -0.89%, and is now trading at $32.16.
Exelon Corporation, declared second quarter 2015 merged earnings.
“All of our businesses continue to deliver best in class operations, benefiting our customers and shareholders,” said Christopher M. Crane, Exelon’s president and CEO. “Exelon achieved earnings above our guidance range this quarter, led by strong financial performance at Constellation. Based on our results through June, we are narrowing our full-year operating earnings guidance to $2.35 to $2.55 per share.”
Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, in addition to wind and solar photovoltaic facilities.
During an Afternoon trade, Shares of Ally Financial Inc (NYSE:ALLY), climbed 0.31%, and is now trading at $22.93.
Ally Financial Inc., stated net income of $182 million, which comprised of a $155 million pre-tax charge for the extinguishment of legacy, high-cost debt. This compares to net income of $576 million in the preceding quarter and $323 million for the second quarter of 2014. A generally accepted accounting principles (GAAP) loss of $2.22 per common share in the second quarter of 2015 was primarily driven by the redemption of $1.3 billion of Series G preferred securities during the quarter.
The company stated core pre-tax income of $435 million, not taking into account repositioning items, in the second quarter of 2015, contrast to $490 million in the preceding quarter and $417 million in the comparable preceding year period. Adjusted earnings per diluted common share for the quarter were $0.46, contrast to $0.52 in the previous quarter and $0.42 in the preceding year period.
Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, counting a range of financial services and insurance products to automotive dealers and retail customers.
Finally, Hatteras Financial Corp. (NYSE:HTS), lost -0.12% Tuesday.
Hatteras Financial Corp. declared financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Highlights
- Comprehensive loss of $0.50 per weighted-average common share
- Core earnings of $0.50 per weighted-average common share
- Dividend of $0.50 per common share
- Quarter end book value of $21.06 per common share
- GAAP leverage of 6.4 to 1 at period end
- Effective leverage of 8.1 to 1 at period end
- Weighted-average effective leverage of 8.0 to 1 for the quarter
- Weighted-average constant prepayment rate (CPR) of 19.5 for the quarter
- Pingora acquisition progressing toward a third quarter closing
Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT) in the United States. It invests primarily in single-family residential mortgage real estate assets, such as mortgage-backed securities, which are pass-through securities guaranteed or issued by the United States Government agency or the United States Government-sponsored enterprises; and other financial assets.
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