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Saturday 3 October 2015
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Latest Update

Current Trade Stocks Roundup: Santander Consumer USA Holdings Inc(NYSE:SC), Air Products & Chemicals, Inc.(NYSE:APD), DSW Inc.(NYSE:DSW), Ctrip.com International, Ltd. (ADR)(NASDAQ:CTRP)

During Thursday’s Current trade, Shares of Santander Consumer USA Holdings Inc(NYSE:SC), gain 0.56% to $21.73.

Santander Consumer USA Holdings Inc (SC) declared a broad reorganization of its Board of Directors, counting the appointment of four new independent SHUSA directors and the creation of the position of Lead Independent Director.

The new independent SHUSA directors will be Alan Fishman, Chairman of Ladder Capital; Thomas S. Johnson, former Chairman and CEO of GreenPoint Capital; Catherine Keating, CEO of Commonfund; and Richard Spillenkothen, former head of banking supervision at the Federal Reserve Board and former director of Deloitte & Touche LLP.

The new independent SHUSA directors will be Alan Fishman, Chairman of Ladder Capital; Thomas S. Johnson, former Chairman and CEO of GreenPoint Capital; Catherine Keating, CEO of Commonfund; and Richard Spillenkothen, former head of banking supervision at the Federal Reserve Board and former director of Deloitte & Touche LLP.

Santander Consumer USA Holdings Inc., a specialized consumer finance company, provides vehicle finance and unsecured consumer lending products in the United States. The company’s vehicle finance products and services comprise retail installment contracts, vehicle leases, and dealer loans.

Shares of Air Products & Chemicals, Inc. (NYSE:APD), inclined 0.78% to $140.04, during its current trading session.

Air Products (APD), a global leader in helium production, recently held a grand opening at its new Doe Canyon helium production facility in Colorado. The Doe Canyon helium plant is the only one in the world extracting helium from a gas stream composed primarily of carbon dioxide (CO2). The helium from this new facility further diversifies Air Products’ supply chain to ensure a reliable and stable supply of product for its customers.

Much of the helium produced in the United States recently comes from the United States Bureau of Land Administration (BLM) system, however, the BLM system is in decline, and eventually that storage supply will be depleted. At the same time, the world’s demand for helium is likely to continue to grow and is why new sources of helium are needed. The purified helium at the new Colorado facility will be liquefied on-site for subsequent delivery to Air Products’ customers. The plant is predictable to produce up to 230 million standard cubic feet of helium per year, replacing more than 15 percent of the current BLM reserve helium supply as that system declines.

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. The company operates in Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy segments. The Merchant Gases segment sells atmospheric gases, such as oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, and carbon dioxide; specialty gases; temporary gas supply services; and equipment for the metals, glass, electronics, chemical processing, food processing, healthcare, general manufacturing, and petroleum and natural gas industries.

DSW Inc. (NYSE:DSW), during its Thursday’s current trading session gained 0.50% to $30.23.

DSW Inc. (DSW), a leading branded footwear and accessories retailer, declared financial results for the thirteen week period ended August 1, 2015, which compares to the thirteen week period ended August 2, 2014.

Second Quarter Operating Results

  • Sales raised 6.8% to $627 million contrast to last year’s sales of $587 million.
  • Comparable sales raised by 1.8% contrast to last year’s enhance of 0.8%.
  • Gross profit raised 120 bps driven primarily by lower markdown activity.
  • Operating expense rate raised by 80 bps due to higher stock and incentive compensation.
  • Net income from ongoing operations raised by 10.7% to $37.6 million.
  • Earnings per share from ongoing operations raised by 13.5% to $0.42 per share contrast to last year’s $0.37 per share.

Six Months Ended August 1, 2015 Operating Results

  • Sales raised 8.1% to $1.28 billion contrast to last year’s sales of $1.19 billion.
  • Comparable sales raised by 3.5% contrast to last year’s decrease of 1.5%.
  • Net income from ongoing operations raised by 17.0% to $85.0 million.
  • Earnings per share from ongoing operations raised by 20.3% to $0.95 per share contrast to last year’s $0.79 per share.

DSW Inc., together with its auxiliaries, operates as a branded footwear and accessories retailer in the United States. The company operates through two segments, DSW and Associated Business Group. It offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids.

Finally, Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP), gained 2.99%, to $67.42.

Ctrip.com International, Ltd. (CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel administration in China (“Ctrip” or the “Company”), recently declared its unaudited financial results for the second quarter ended June 30, 2015.

Highlights for the Second Quarter of 2015

  • Net revenues were RMB2.53 billion (US$408 million) for the second quarter of 2015, up 47% year-on-year.
  • Net commission earned (non-GAAP) was RMB2.49 billion for the second quarter, up 45% year-on-year. Net commission earned (non-GAAP) is calculated by deducting from the revenues the cost of transactions where the Company undertakes majority of the business risks, counting the inventory risks*. The Company accounts for discount offered to the customers as reduction to its revenues, and certain noteworthydiscount may result in selling price lower than cost.
  • Accommodation reservation volume raised 55% year-on-year, and accommodation reservation revenues raised 47% year-on-year, reaching RMB1.1 billion (US$178 million) for the second quarter of 2015.

Ctrip.com International, Ltd., together with its auxiliaries, provides travel services for hotel accommodations, transportation ticketing services, packaged tours, and corporate travel administration in the People’s Republic of China. It also offers independent leisure travelers bundled packaged-tour products, counting group tours, semi-group tours, and private tours or packaged tours with various transportation arrangements, such as cruise, bus, or self-driving.

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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.

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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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