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Saturday 8 August 2015
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Afternoon Trade News Review: InspireMD Inc (NYSEMKT:NSPR), Herbalife (NYSE:HLF), Retail Properties of America (NYSE:RPAI), JA Solar Holdings (NASDAQ:JASO)

On Thursday, in the course of Afternoon trade, Shares of InspireMD Inc (NYSEMKT:NSPR), dropped -8.04%, and is now trading at $0.230.

InspireMD, declared its financial and operating results for the second quarter ended June 30, 2015.

The Company is in the second full quarter of a planned transition into penetrating the carotid and neuro intervention markets utilizing its proprietary MicroNet technology. MicroNet technology has the potential to improve the clinical outcomes for patients who are at risk of embolization during Carotid Artery Stenting (CAS), a highly attractive $500 million dollar global market segment within the interventional medical device industry. Early clinical results of the CGuard Embolic Prevention System have been highly positive in the CARENET and PARADIGM data sets.

InspireMD, Inc., a medical device company, focuses on the development and commercialization of proprietary MicroNet stent platform technology for the treatment of complex coronary and vascular diseases.

During an Afternoon trade, Shares of Herbalife Ltd. (NYSE:HLF), climbed 16.76%, and is now trading at $ 57.33.

Herbalife Ltd., stated second quarter net sales of $1.2 billion. Local currency net sales grew by 1%, while stated net sales declined 11% primarily due to the ongoing unfavorable impact of currency exchange rates. Adjusted1 earnings for the quarter were $1.24 per diluted share contrast to $1.55 per diluted share for the same period in 2014. On a stated basis, second quarter net income was $82.8 million, or $0.97 per diluted share, contrast to $119.5 million, or $1.31 per diluted share for the same period in 2014. Second quarter 2015 diluted EPS was negatively influenced by a $0.412 currency fluctuation.

For the quarter ended June 30, 2015, the company generated $197.6 million in net operating cash flow, and invested $16.2 million in capital expenditures.

Herbalife Ltd., a nutrition company, develops and sells weight administration, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products.

Shares of Retail Properties of America Inc (NYSE:RPAI), during its Thursday’s current trading session fell -0.75%, and is now trading at $14.64.

Retail Properties of America, stated financial and operating results for the quarter and six months ended June 30, 2015.

FINANCIAL RESULTS

For the quarter ended June 30, 2015, the Company stated:

 

  • Operating funds from operations (Operating FFO) attributable to common shareholders of $61.9 million, or $0.26 per share, contrast to $65.7 million, or $0.28 per share, for the same period in 2014;
  • Funds from operations (FFO) attributable to common shareholders of $54.1 million, or $0.23 per share, contrast to $63.8 million, or $0.27 per share, for the same period in 2014; and
  • Net income attributable to common shareholders of $28.3 million, or $0.12 per share, contrast to $27.7 million, or $0.12 per share, for the same period in 2014.

Retail Properties of America, Inc. is a real estate investment trust. It engages in acquisition, development and administration of properties. The trust invests in the real estate markets of United States.

Finally, JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), lost -0.53% Thursday.

JA Solar Holdings Co., declared that it will hold a conference call on Tuesday, August 11, 2015, at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong Time), to talk about the Company’s second quarter 2015 results.

JA Solar Holdings Co., Ltd., together with its auxiliaries, designs, develops, manufactures, and sells photovoltaic solar cells and solar power products based on crystalline silicon technologies. The company’s principal products comprise monocrystalline and multicrystalline solar cells and modules.

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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.

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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.




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