Current Trade News Report on: Darden Restaurants, (NYSE:DRI), Laredo Petroleum (NYSE:LPI), Medidata Solutions (NASDAQ:MDSO), Philip Morris International (NYSE: PM)

Current Trade News Report on: Darden Restaurants, (NYSE:DRI), Laredo Petroleum (NYSE:LPI), Medidata Solutions (NASDAQ:MDSO), Philip Morris International (NYSE: PM)

- in Business & Finance
0

During Wednesday’s Current trade, Shares of Darden Restaurants, Inc. (NYSE:DRI), gain 1.55% to $74.14.

Darden Restaurants, Inc. (DRI) announced the appointment of Jeffrey Davis as its Senior Vice President and Chief Financial Officer, effective July 16, 2015. In this role, Davis assumes responsibility for the financial functions of the company, including finance and accounting, corporate reporting, corporate tax, treasury and investor relations, as well as internal audit, supply chain, and real estate and development. He will report to Darden CEO Gene Lee.

Most, Davis served as Executive Vice President and Chief Financial Officer for the Walmart U.S. segment of Walmart Stores, Inc. He joined Walmart in 2006 as Vice President of Finance for the Walmart U.S. specialty division. He held additional roles of increasing importance, including Executive Vice President and Treasurer for Walmart Stores, Inc., prior to assuming the top financial post in Walmart’s largest business segment. Prior to joining Walmart, Davis was CFO for Lakeland Tours, LLC, CFO for McKesson General Medical, and he held financial leadership positions at the Hillman Co, a private investment holding company. Davis also spent four years at KPMG Peat Marwick providing audit services.

Darden Restaurants, Inc. owns and operates full service restaurants in the United States and Canada. It operates restaurants under the Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s, and Yard House brand names. As of June 23, 2015, it owned and operated about 1,500 restaurants. The company was founded in 1968 and is headquartered in Orlando, Florida.

Shares of Laredo Petroleum Inc (NYSE:LPI), declined -2.09% to $9.84, during its current trading session.

Laredo Petroleum, Inc. (LPI) will host a conference call on Thursday, August 6, 2015 at 9:00 a.m. CT (10:00 a.m. ET) to talk about its second-quarter 2015 financial and operating results. Laredo plans to release earnings the same day before market open. The Company also declares preliminary results for its commodity derivatives for the second quarter of 2015 and its updated basic and diluted weighted-average shares outstanding.

Laredo Petroleum, Inc. operates as an independent energy company in the United States. It focuses on the acquisition, exploration, and development of oil and natural gas properties primarily in the Permian Basin in west Texas. As of December 31, 2014, it had interests in the 196,683 net acres in the Permian Basin; and had total proved reserves of 247,322 thousand barrels of oil equivalent.

Medidata Solutions Inc (NASDAQ:MDSO), during its Wednesday’s current trading session decreased -1.52% to $55.78.

Medidata (MDSO), the leading global provider of cloud-based solutions for clinical research in life sciences, and Validic, the healthcare industry’s leading digital health platform, recently declared a partnershipto propel connectivity and innovation in clinical research by expanding access to patient-generated data from a broad range of consumer and medical grade mobile health (mHealth) devices and apps. By integrating Validic’s digital health platform with the Medidata Clinical Cloud®, Medidata and Validic are providing the technology infrastructure needed to transform clinical trials through the use of patient-generated data that is secure, regulatory-compliant and actionable.

The partnership significantly enhances the breadth of mHealth tools that can be used to support clinical research, giving trial sponsors greater flexibility to select sensors, wearables and apps based on specific study endpoints and patient needs. Data generated by the more than 175 devices and apps in the Validic ecosystem—counting those from Garmin, Fitbit, Jawbone, Withings and others—can now be integrated into the Medidata platform. Once data is transferred through the secure, regulatory-compliant environments of Validic’s platform and the Medidata Clinical Cloud, patient data from the mHealth tools is then mapped to the clinical record and unified with traditional clinical measures.

Medidata Solutions, Inc. provides cloud-based clinical development solutions for life sciences in the United States and internationally. The company offers applications and data analytics for clinical development. It offers Medidata Rave, a platform for capturing, managing, and reporting clinical data; Medidata CTMS, a clinical trial administration solution that streamlines operational workflows; Medidata Designer, which enhances the efficiency of clinical trial start-up; Medidata Insights, a clinical business analytics platform; and Medidata Balance, a randomization and trial supply administration solution.

Finally, Philip Morris International Inc. (NYSE:PM), decreased -0.06%, to $85.47.

Philip Morris International Inc. (PM) Reports 2015 Second-Quarter Results; Reaffirms 2015 Full-Year Stated Diluted EPS Forecast; Anticipates to be Towards Upper End of Full-Year Currency-Neutral Adjusted Diluted EPS Growth Rate of 9%-11%

2015 Second-Quarter

  • Stated diluted earnings per share of $1.21, up by $0.04 or 3.4% as compared to $1.17 in 2014.
    • Not taking into account unfavorable currency of $0.33, stated diluted earnings per share up by $0.37 or 31.6% as compared to $1.17 in 2014 as detailed in the attached Plan 13.
  • Adjusted diluted earnings per share of $1.21, down by $0.20 or 14.2% as compared to $1.41 in 2014
    • Not taking into account unfavorable currency of $0.33, adjusted diluted earnings per share up by $0.13 or 9.2% as compared to $1.41 in 2014 as detailed in the attached Plan 12.
  • Cigarette shipment volume of 219.8 billion units, down by 1.4% not taking into account acquisitions.
  • Stated net revenues, not taking into account excise taxes, of $6.9 billion, down by 12.0%.
    • Not taking into account unfavorable currency of $1.3 billion and the impact of acquisitions, stated net revenues, not taking into account excise taxes, up by 4.5% as detailed in the attached Plan 10.

Philip Morris International Inc., through its auxiliaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprise Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. The company also owns various cigarette brands comprising Sampoerna, Dji Sam Soe, and U Mild in Indonesia; Fortune, Champion, and Hope in the Philippines; Diana in Italy; Optima and Apollo-Soyuz in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *