On Friday, Oil States International, Inc. (NYSE:OIS)’s shares declined -2.75% to $29.75.
Oil States International, Inc. (OIS) stated net income for the second quarter ended June 30, 2015 of $6.1 million, or $0.12 per diluted share, which comprised of pre-tax charges of $1.7 million for severance and other downsizing initiatives. Not taking into account these second quarter 2015 charges, net income would have totaled $7.5 million, or $0.15 per diluted share. These results compare to adjusted net income from ongoing operations of $47.6 million, or $0.88 per diluted share, stated in the second quarter of 2014. The results for the second quarter of 2014 excluded spin-off related charges totaling $110.0 million, or $1.33 per diluted share after-tax, associated with the May 30, 2014 spin-off of Oil States’ accommodations segment into a stand-alone, publicly traded corporation, Civeo Corporation or Civeo.
Oil States International, Inc., through its auxiliaries, provides specialty products and services to oil and natural gas companies worldwide. It operates through two segments, Offshore Products and Well Site Services. The Offshore Products segment designs, manufactures, fabricates, inspects, assembles, repairs, tests, and markets subsea equipment and offshore vessel and rig equipment. Its products and services comprise flexible bearings and connection systems; casing and conductor connections and pipes; subsea pipeline products; compact ball valves, manifold system components, and diverter valves; marine winches, mooring systems, cranes, and other heavy-lift rig equipment; production, workover, completion, and drilling riser systems and their related repair services; blowout preventer stack assembly, integration, testing, and repair services; and other products and services.
Allegheny Technologies Incorporated (NYSE:ATI)’s shares dropped -2.74% to $20.96.
Allegheny Technologies Incorporated (ATI) declared that it is expanding its nickel-based superalloy powder capabilities to satisfy strong demand from the aerospace jet engine market and growing demand from the additive manufacturing industry, particularly for 3D printed parts used in the aerospace, medical, electrical energy, and oil and gas markets. The self-funded expansion, which is projected to cost about $70 million and take two years to complete, will be located at the ATI Specialty Materials business unit’s operations near Monroe, NC.
Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components; and Flat-Rolled Products. The High Performance Materials and Components segment provides various high performance materials, counting titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium, advanced powder alloys, and other specialty materials, in long product forms of ingots, billets, bars, rods, wires, shapes and rectangles, and seamless tubes, plus precision forgings, castings, components, and machined parts.
At the end of Friday’s trade, Etsy Inc (NASDAQ:ETSY)‘s shares dipped -1.10% to $13.44.
Etsy, Inc. (ETSY), a marketplace where people around the world connect, both online and offline, to make, sell and buy unique goods, declared financial results for its second quarter 2015, ended June 30, 2015.
Second Quarter 2015 Operational Highlights
GMS was $546.2 million, up 24.6% contrast with the second quarter of 2014. Growth in GMS was driven by 24.6% year-over-year growth in active sellers and 31.6% year-over-year growth in active buyers. We continued to make progress in narrowing the gap between mobile visits and mobile GMS as a result of strong year-over-year GMS growth on our mobile app platform. Etsy has rapidly become a mobile-first company; percent mobile visits was about 60% contrast with about 53% in the second quarter of 2014 and percent mobile GMS was about 43% contrast with about 36% in the second quarter of 2014. Mobile visits also continued to grow faster than desktop visits.
Etsy, Inc. operates a marketplace where people connect, both online and offline, to make, sell and buy goods. The Company operates at the center of macroeconomic trends in online and mobile commerce, employment, consumption and manufacturing. Its sellers offer goods in online retail categories, counting jewelry, stationery, clothing, home goods, craft supplies and vintage items. The Company supports a range of artists, makers, designers and collectors. The Company’s community is made up of entrepreneurs who sell on its platform, consumers looking to buy goods in its marketplace, manufacturers who assist its sellers grow their businesses and its employees who maintain its platform.
Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL), ended its Friday’s trading session with -5.03% loss, and closed at $1.51.
Gol Linhas Aereas Inteligentes SA (ADR) (GOL) the largest low-cost and best-fare airline in Latin America, hereby declares to its shareholders and the market in general the launch of internet onboard via satellite and an entertainment platform, the most complete of Latin America.
GOL will become the first Brazilian, South and Central America airline to offer onboard wi-fi internet access during the flight period. The platform will also comprise TV channels, program streaming with movies, cartoons, series and games, pay-per-view content, music, and a flight map. All online and off-line content can be easily accessed through mobile devices, such as the passenger’s cell phone, tablet or notebook.
GOL partnered with Gogo - the leader company in onboard connectivity and entertainment in the global aero market, to launch the connectivity and entertainment platform. As part of the agreement, Gogo will equip GOL’s entire fleet with an antenna, providing 2Ku next generation satellite communication technology, in addition to IPTV, the most up-to-date TV signal transmission system and streaming system for movies and others.
Gol Linhas Aéreas Inteligentes S.A. provides regular and non-regular air transportation services for passengers, cargoes, and mailbags in Brazil and internationally. The company operates in two segments, Flight Transportation and Smiles Loyalty Program. As of December 31, 2014, it operated a fleet of 144 aircraft, which comprised of 96 aircraft under operating leases, 45 aircraft under finance leases, and 3 aircraft owned by the company. It also develops and manages its own or third party’s customer loyalty program, in addition to sells redemption rights of awards related to the loyalty program.
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.
