On Friday, Avis Budget Group Inc. (NASDAQ:CAR)’s shares declined -0.13% to $44.40.
Avis Car Rental declared the launch of an updated Android application which enables customers to make, confirm or cancel car rental reservations via voice. The initiative makes Avis the first car rental company to offer this capability.
The improved application guides customers enrolled in Avis Preferred, the Company’s express rental/loyalty program, through the reservation process through spoken and visual prompts for airport rentals around the globe. The application speaks and displays four car classes (compact, intermediate, full-size and luxury) in addition to the car rental’s estimated total cost. Once the reservation is made, customers will automatically receive a confirmation email. In addition, users can use their voice to initiate a call to customer service using the app.
Avis Budget Group, Inc., together with its auxiliaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. It operates the Avis car rental system with about 5,450 locations, that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget vehicle rental system with about 3,500 car rental locations, which serve the value-conscious segments of the industry; and Zipcar, a membership-based car sharing network that provides vehicles to about 915,000 members.
NetApp Inc. (NASDAQ:NTAP)’s shares dropped -0.07% to $30.70.
NetApp ( NTAP) experts will share the latest innovations in flash and enterprise application integration technology at the Flash Memory Summit 2015, August 11-13, at the Santa Clara Convention Center, Santa Clara, CA.
The NetApp team will deliver perspectives on flash trends and industry issues at six summit speaking sessions. In booth 511, attendees can learn more about NetApp’s unique ability to assist customers manage enterprise data from flash to disk cloud and the company’s newest all-flash offering, the NetApp® AFF8000 series.
NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers Data ONTAP storage operating system that delivers integrated data protection, comprehensive data administration, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; E-Series storage systems for storage area network workloads (SAN); all-flash arrays that deliver input/output operations per second and ultralow latency to drive speed, responsiveness, and value from the applications that control key business operations; and hybrid arrays for mainstream business applications.
At the end of Friday’s trade, Magellan Midstream Partners, L.P. (NYSE:MMP)‘s shares surged 0.05% to $63.15.
Magellan Midstream Partners, L.P. (MMP) stated net income of $177.4 million for second quarter 2015, an enhance of $31.1 million, or 21% higher than the $146.3 million generated in second quarter 2014.
Distributable cash flow (DCF), a non-generally accepted accounting principles (non-GAAP) financial measure that represents the amount of cash generated during the period that is accessible to pay distributions, was $222.8 million for second quarter 2015 contrast to $195.8 million for second quarter 2014, representing a 14% enhance.
Diluted net income per limited partner unit was 78 cents in second quarter 2015 and 64 cents in second quarter 2014. Diluted net income per unit not taking into account mark-to-market (MTM) commodity-related pricing adjustments, a non-GAAP financial measure, of 82 cents for second quarter 2015 was higher than the 75-cent guidance offered by administration in May 2015 primarily due to higher shipments on the BridgeTex pipeline and higher-than-predictable commodity prices during the quarter.
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates in three segments: Refined Products, Crude Oil, and Marine Storage. The company operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; leases pipeline and storage tank capacity to shippers; and provides services, counting terminalling, ethanol and biodiesel loading and unloading, additive injection, custom blending, laboratory testing, and data services.
Cameron International Corporation (NYSE:CAM), ended its Friday’s trading session with 0.08% gain, and closed at $50.22.
Cameron (CAM) stated fully diluted earnings per share, not taking into account suspended operations and other costs, of $0.83 for the second quarter of 2015, contrast to $0.95 for the same period of 2014.
Other costs in the second quarter of 2015 amounted to $37 million, or $0.12 per share, as detailed in an accompanying table.
On a GAAP basis, the Company’s fully diluted earnings per share for the second quarter and first six months of 2015 were $0.73 and $0.98, respectively, as contrast to $1.08 and $1.57 for the same periods of 2014.
Cameron International Corporation provides flow equipment products, systems, and services worldwide. The companys Subsea segment offers integrated solutions, products, systems, and services to the subsea oil and gas market, counting integrated subsea production systems involving wellheads, subsea trees, manifolds and flowline connectors, and subsea processing systems. Its Surface segment provides onshore and offshore platform wellhead systems and processing solutions, counting valves, chokes, actuators, Christmas trees, and aftermarket services to oil and gas operators. This segment also offers rental equipment and artificial lift technologies; and products and services involving shale gas production.
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