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Saturday 25 July 2015
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Latest Update

Current Trade News Alert on: Lear (NYSE:LEA), Cousins Properties (NYSE:CUZ), J B Hunt Transport Services (NASDAQ:JBHT)

During Friday’s Current trade, Shares of Lear Corporation (NYSE:LEA), gain 4.66% to $103.60.

Lear Corporation (LEA), a leading global supplier of automotive seating and electrical distribution systems, recently stated financial results for the second quarter. Highlights comprise:

  • Sales of $4.6 billion, up 1% from a year ago; 10% growth not taking into account impact of foreign exchange
  • Record core operating earnings of $337 million, up 23%
  • Adjusted earnings per share of $2.82, up 33%
  • Core operating margin of 7.3%, up from 6.0% a year ago
  • Improved margins in both business segments
  • Returned $142 million to shareholders through share repurchases and dividends
  • Increasing full year outlook for earnings and free cash flow

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. It operates through two segments, Seating and Electrical.

Cousins Properties Inc (NYSE:CUZ), during its Friday’s current trading session decreased -0.50% to $9.98.

Cousins Properties Incorporated (CUZ) declared that it will release second quarter earnings after the market closes on Tuesday, July 28, 2015. Cousins invites you to take part in its Second Quarter 2015 Conference Call Wednesday, July 29, 2015 at 11 a.m. (Eastern Time). The number to call for this teleconference is (877) 247-1056. A 14-day playback will start at 1:00 p.m. (Eastern Time) on Wednesday, July 29, 2015 and run through Thursday, August 13, 2015. To access the playback, please dial (877) 344-7529 and enter the passcode 10068744. In addition, the replay can be accessed on the Company’s website, www.cousinsproperties.com, through the “Q2 2015 Cousins Properties Incorporated Earnings Conference Call” link on the Investor Relations page.

Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, in addition to performs certain real estate-related services in the United States. The company operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land.

Finally, J B Hunt Transport Services Inc (NASDAQ:JBHT), gained 0.49%, to $82.09.

J.B. Hunt Transport Services, Inc., (JBHT) declared that its Board of Directors has declared the regular quarterly dividend on its common stock of $ 0.21 (twenty-one cents) per common share, payable to stockholders of record on July 31, 2015. The dividend will be paid on August 14, 2015.

J.B. Hunt Transport Services, Inc., together with its auxiliaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. The company operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). The JBI segment offers intermodal freight solutions, counting origin and destination pickup, and delivery services. This segment operates about 73,298 pieces of company-owned trailing equipment; owns and maintains its chassis fleet comprising of 65,455 units; and manages a fleet of about 3,916 company-owned tractors and 761 independent contractor trucks.

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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.

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.




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