On Tuesday, in the course of current trade, Shares of Annaly Capital Administration, Inc. (NYSE:NLY), gained 1%, and is now trading at $10.11.
Annaly Capital Administration, declared its financial results for the quarter ended March 31, 2015.
Financial Performance
The Company stated a GAAP net loss for the quarter ended March 31, 2015 of $476.5 million, or $0.52 loss per average common share, contrast to a GAAP net loss of $658.3 million, or $0.71 loss per average common share, for the quarter ended December 31, 2014, and a GAAP net loss of $203.4 million, or $0.23 loss per average common share, for the quarter ended March 31, 2014. The smaller loss for the quarter ended March 31, 2015 contrast to the quarter ended December 31, 2014 was due to changes in realized and unrealized losses on our interest rate swaps. The larger loss for the quarter ended March 31, 2015 contrast to the quarter ended March 31, 2014 was primarily attributable to realized losses on termination of interest rate swaps in the current quarter.
Annaly Capital Administration, Inc. owns a portfolio of real estate related investments in the United States. The company invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; acquires, finances, and manages commercial mortgage loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets; and operates as a broker-dealer.
During an Afternoon trade, Shares of Nordic American Tankers Limited (NYSE:NAT), gained 3.35%, and is now trading at $12.03.
In 1Q2015, Nordic American Tankers benefitted from both a strong Suezmax tanker market and the top quality of its fleet (24 vessels counting two newbuildings), as underscored by NAT`s excellent vetting statistics (inspections of the ships by clients). The noteworthy drop in the oil price has affected the tanker industry positively. Cashflow from operations[1] was $51.0m, contrast with $24.5m in 4Q2014. For all of 2014, cashflow from operations was $77.7m contrast with -$11.1m in 2013. The strong level in 1Q2015 is reflected in an average TCE rate of about $37,000 per vessel per day. The size of its fleet allows NAT to reap immediate and sizeable profits when spot market rates rise. Even with its inherent volatility, the tanker market remains strong. So far, the 2Q2015 tanker market is encouraging.
On April 14, 2015, NAT declared a cash dividend of $0.38 per share payable to shareholders of record as of May 7, 2015. The dividend is predictable to be paid on or about May 21, 2015. Since NAT commenced operations in the fall of 1997, the Company has paid a dividend 71 times, with total dividend payments over the period amounting to $45.76 per share, counting the dividend to be paid May 21, 2015.
Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. As of December 31, 2014, it owned 24 Suezmax crude oil tankers, counting two new buildings under construction. The company was founded in 1995 and is based in Hamilton, Bermuda.
Shares of Duke Energy Corporation (NYSE:DUK), during its Tuesday’s current trading session fell -0.48%, and is now trading at $76.20.
Duke Energy Corporation, issued the following statement in response to the Indiana Utility Regulatory Commission’s May 8, 2015 denial of the company’s Indiana grid modernization proposal:
We’re still reviewing the order and considering our options, but we remain committed to making critically needed investments to modernize our system for the benefit of our customers. We expect to file with the Indiana Utility Regulatory Commission a revised plan that responds to the guidance given and the issues raised in the commission’s order. This is one of the first times this new law has been interpreted, and it’s being clarified for all Indiana utilities at the commission and in the Indiana Court of Appeals.
This is an important initiative, and reliable energy depends on thousands of miles of power lines moving electricity from place to place. Our electric grid is aging and many components need to be updated and replaced. There’s also advanced technology now that can pinpoint power outages, speed service restoration and provide for better, faster communication with customers. We need to modernize our electric grid and bring our system into the 21st century. It’s a plan that also generates jobs and investment in Indiana.
Duke Energy Corporation, together with its auxiliaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, Ohio, Kentucky, and Indiana; and transports and sells natural gas in southwestern Ohio and northern Kentucky.
Finally, Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX), gained 0.14% Tuesday.
Allscripts Healthcare Solutions, declared its financial results for the three months ended March 31, 2015.
First Quarter Bookings Highlights:
Bookings in the first quarter of 2015 were a record $236 million contrast with $223 million in the first quarter of 2014, a 6 percent enhance. First quarter 2015 bookings reflect sales growth of SunriseTM Acute Care in addition to noteworthy contributions from population health administration and Allscripts payer life sciences solutions.
About 63 percent of first quarter bookings related to software delivery and recurring transactions, while the remaining 37 percent were derived from sales of client services solutions. This compares with 54 and 46 percent of bookings attributable to these revenue categories, respectively, in the first quarter of 2014.
Contract revenue backlog as of March 31, 2015, totaled $3.5 billion, which was flat contrast with the preceding-year amount.
Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada. It operates in three segments: Clinical and Financial Solutions, Population Health, and Managed Services.
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