On Friday, in the course of Afternoon trade, Shares of Helix Energy Solutions Group Inc (NYSE:HLX), dropped -0.24%, and is now trading at $8.48.
Helix Energy Solutions Group, stated a net loss of $(2.6) million, or $(0.03) per diluted share, for the second quarter of 2015 contrast to net income of $57.8 million, or $0.55 per diluted share, for the same period in 2014 and net income of $19.6 million, or $0.19 per diluted share, for the first quarter of 2015. Net income for the six months ended June 30, 2015 was $17.0 million, or $0.16 per diluted share, contrast with net income of $111.5 million, or $1.05 per diluted share, for the six months ended June 30, 2014.
Owen Kratz, President and Chief Executive Officer of Helix, stated, “Our second quarter results are indicative of overall weak industry conditions in the oilfield services sector. Our well intervention business was negatively influenced this quarter by a longer than planned Q4000 regulatory dry-dock and customer delays on the H534; this was partially offset by raised utilization in the North Sea, anchored by the Well Enhancer and the return to work of the Skandi Constructor. This quarter we took delivery of the Q5000 and made the final shipyard payment with proceeds from our Q5000 Term Loan. Additional proceeds from the loan raised our cash position. Helix continues to implement the steps necessary to secure our long term position in this market.”
Helix Energy Solutions Group, Inc., together with its auxiliaries, provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions.
During an Afternoon trade, Shares of Parsley Energy Inc (NYSE:PE), climbed 0.41%, and is now trading at $14.57.
Parsley Energy, planned to release its second quarter 2015 financial and operating results after the market closes on Tuesday, August 11, 2015. In conjunction with the release, the Company has planned a conference call for Wednesday, August 12, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).
Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico.
Shares of Violin Memory Inc (NYSE:VMEM), during its Friday’s current trading session fell -3.24%, and is now trading at $2.39.
Clinton Group, declared that it has sent a letter to the Company’s Board of Directors. The full content of the letter is also comprised of in this release.
This communication is not a proxy solicitation, which may be done only following a definitive written proxy statement.
Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide.
Finally, Dollar Tree, Inc. (NASDAQ:DLTR) , gained 0.66% Friday.
Dollar Tree, declared that it has accomplished the acquisition of Family Dollar Stores, Inc., a leading national discount retailer offering name brands and quality, private brand merchandise.
“We are happy to declare we have accomplished our acquisition of Family Dollar and we formally welcome the Family Dollar team to the Dollar Tree organization,” stated Bob Sasser, Chief Executive Officer. “This is a transformational opportunity for our business to offer broader, more compelling merchandise assortments, with greater values, to a wider array of customers. This acquisition will extend our reach to low-income customers, while strengthening and diversifying our footprint. We plan to leverage best practices across both organizations to deliver noteworthycost synergies. Combined, our growth potential is improved with improved opportunities to enhance store productivity and to open more stores across multiple banners.”
Dollar Tree, Inc. operates discount variety stores in the United States and Canada. Its stores offer merchandise at the fixed price of $1.00. The company’s stores provide consumable merchandise, which comprises candy and food, and health and beauty care products; and everyday consumables, such as paper and chemicals, and frozen and refrigerated food.
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