On Tuesday, in the course of Afternoon trade, Shares of Noble Energy, Inc. (NYSE:NBL), climbed 0.74%, and is now trading at $34.00.
Noble Energy, declared a second quarter 2015 net loss of $109 million, or $0.28 per diluted share. Not taking into account the impact of certain items which would typically not be considered by analysts in published earnings estimates, second quarter 2015 adjusted income(1) was $101 million, or $0.26 per diluted share. Discretionary cash flow(1) was $461 million and net cash offered by operating activities was $424 million. Capital expenditures for the second quarter of 2015 totaled $799 million.
David L. Stover, Noble Energy’s Chairman, President and CEO, commented, “Although these are challenging times in our industry, Noble Energy has maintained a strong financial position, improved operating efficiencies and continued our strong safety culture and performance. Operational execution again drove volumes above expectations while materially reducing our operating and overhead costs.”
Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in onshore DJ Basin and Marcellus Shale, the United States; the deepwater Gulf of Mexico; offshore West Africa; and offshore Eastern Mediterranean.
During an Afternoon trade, Shares of Bank of New York Mellon Corp (NYSE:BK), climbed 0.92%, and is now trading at $43.80.
The funded status of the typical U.S. corporate pension plan declined, falling 1.1 percentage points in August to 86.7 percent. Liabilities raised more rapidly than assets during the month, according to the BNY Mellon Investment Strategy and Solutions Group (ISSG).
The typical U.S. corporate plan suffered from raised liabilities of 2.3 percent. This was driven primarily by Aa Corporate discount rates which fell 14 basis points over the month to 4.36 percent.
The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally.
Finally, Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) , gained 0.99% Tuesday.
Kulicke and Soffa Industries, declared results for its third fiscal quarter ended June 27, 2015.
Bruno Guilmart, Kulicke & Soffa’s President and Chief Executive Officer, said, “Our sequential revenue improvement was largely due to incremental wire bonding capacity additions for select core market customers as well as a pickup in demand for our recently attained Advanced Packaging Mass Reflow business line.”
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices, counting integrated circuits, discrete devices, light-emitting diodes (LED), and power modules. It operates in two segments, Equipment and Expendable Tools.
DISCLAIMER:
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.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
