During Tuesday’s Afternoon trade, Shares of Net Element International Inc(NASDAQ:NETE), lost -10.40% to $0.180.
Net Element ( NETE) declared the release by PayOnline of a new mobile payments solution for iOS (iPhone or iPad) mobile apps.
Net Element presently manages, operates and is in the process of integrating the PayOnline group of companies pending closing of Net Element’s acquisition of the company.
The new software developer kit (SDK) enables integration of PayOnline transaction processing into iPad and iPhone apps.
Ural Airlines, Russia’s sixth largest airline, is one of the first PayOnline clients to accept payments using an iOS app.
PayOnline estimates 19% of its online payments processed during the first quarter were via mobile — an enhance of 157% year-over-year, with 59% of those being iOS (iPhone, iPad).
Net Element, Inc., a global payments-as-a-service, operates as a technology provider with an integrated mobile and transactional services platform serving emerging market clients. The company, through its partner, TOT Group, Inc., operates Unified Payments that processes cashless transactions for card-present or card-not-present transactions, counting point-of-sale (POS), mobile POS (mPOS), EMV, near field communication, Apple Pay, Internet businesses, service-oriented businesses, and mail order/telephone order merchants, in addition to processes other cashless transactions, counting checks and direct debits.
Shares of New York Mortgage Trust Inc(NASDAQ:NYMT), declined -0.64% to $6.66, during its Afternoon trading session.
New York Mortgage Trust Inc (NYMT) stated results for the quarter ended June 30, 2015.
Summary of Second Quarter 2015:
- Net income attributable to common stockholders of $21.5 million, or $0.20 per share.
- Net interest income of $20.3 million and net interest margin of 391 basis points.
- Issued and sold 1,413,757 shares of its common stock at an average price of $7.79 per share under its at-the-market offering programs, resulting in net proceeds to the Company of about $10.8 million.
- Issued 3,600,000 shares of 7.875% Series C Cumulative Redeemable Preferred Stock for total net proceeds of $86.9 million.
- Accomplished the sale of CLOs realizing a gain of about $3.2 million.
- Sold or refinanced distressed residential mortgage loans with a carrying value of about $16.6 million for aggregate proceeds of about $20.2 million, which resulted in a net realized gain, before income taxes, of about $3.6 million.
- Book value per common share of $6.82 at June 30, 2015 as contrast to $7.03 at March 31, 2015 and $7.07 per common share at December 31, 2014.
New York Mortgage Trust, Inc., a real estate investment trust (REIT), engages in acquiring, investing in, financing, and managing mortgage-related and financial assets in the United States. It primarily invests in residential mortgage-backed securities comprising adjustable-rate, hybrid adjustable-rate, fixed-rate, interest only and inverse interest only, and principal only mortgage-backed securities; multifamily commercial mortgage-backed securities; and residential mortgage loans, counting loans sourced from distressed markets.
Ocean Rig UDW Inc(NASDAQ:ORIG), during its Tuesday’s Afternoon trading session gained 0.30% to $3.32.
Ocean Rig UDW Inc (NASDAQ:ORIG) a global provider of offshore deepwater drilling services, declared the results of its 2015 Annual General Meeting of Shareholders.
The following proposals were approved and adopted at the Meeting:
- the election of Mr. John Liveris and Mr. Prokopios (Akis) Tsirigakis as Class B Directors of the Company to serve until the 2018 Annual General Meeting of Shareholders; and
- the approval of the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A., as the Company’s independent auditors for the fiscal year ending December 31, 2015.
Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore oil and gas exploration, development, and production drilling. It specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. As of December 31, 2014, the company operated a fleet of two ultra-deepwater drilling rigs and seven drillships.
Finally, Northern Oil & Gas, Inc. (NYSEMKT:NOG), decreased -2.48%, to $4.72.
Northern Oil and Gas, Inc. (NOG) declared 2015 second quarter results.
2015 second Quarter Highlights
- Production averaged 16,610 barrels of oil equivalent (“Boe”) per day, for a total of 1,511,554 Boe, an 8% enhance over the second quarter of 2014.
- Oil and gas sales, counting settled derivatives (hedges), totaled $94.0 million.
- Northern added 68 gross (6.9 net) wells to production during the second quarter.
- About 2.9 million barrels of oil are hedged for the next four calendar quarters at an average price of about $90.00 per barrel.
- Improved liquidity position with $185 million of net proceeds from the May 2015 senior notes offering.
- $7.3 million weighted average AFE cost for wells consented to during the second quarter, down 21% from 2014.
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. It primarily holds interest in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana.
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