On Thursday, Shares of Walt Disney Co (NYSE:DIS), gained 0.50% to $107.53.
Mylan N.V., declared the launch of new resources featuring Disney content and programming, designed to assist families living with potentially life-threatening (severe) allergies understand the importance of anaphylaxis awareness and ensure they are ready to respond in case a life-threatening allergic reaction (anaphylaxis) occurs. The unique multimedia content, created by Disney in partnership with Mylan, focuses on the importance of having an anaphylaxis action plan in place, the critical first step of which is avoiding allergic triggers. The new resources comprise an educational website, MyAllergyKingdom.com, a children’s story book and cookbook, and food allergy-friendly programming at the 2015 Epcot International Food and Wine Festival this fall.
MyAllergyKingdom.com launched to provide helpful features for families managing severe allergies, counting recommendations, tips and real-life stories from experts and parents. The materials on the website assist address a serious topic that can sometimes be frightening in a non-threatening way. The website will be updated every month with new educational content, counting:
- Expert tips and tricks from parents who share smart strategies for managing severe allergies.
- Tips for newly diagnosed patients to assist find their “new normal” for living with severe allergies.
- Recipes for meals and treats the whole family will love – all free of the top eight food allergens.
- Blog posts from food allergy moms Angie and Teresa highlighting their own families’ stories.
- Crafts and projects specially designed for children with severe allergies, in addition to information about local events.
- Savor the Magic Sweepstakes, where people can enter for a chance to win a Walt Disney World Vacation with a special dining experience at one of three Walt Disney World Resort restaurants.
The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.
Shares of Extended Stay America Inc (NYSE:STAY), remained flat at $18.65, during its last trading session.
Extended Stay America, declared merged results for the quarter ended June 30, 2015.
Second Quarter 2015 Highlights
- RevPAR grew 6.1% to $48.49
- Revenue raised 5.7% to $340.3 million
- Adjusted EBITDA1 raised 8.7% to $171.7 million
- Hotel Operating Margin1 expanded 270 basis points to 57.1%
- Net income raised 40.0% to $64.8 million
- Adjusted Paired Share Income1 of $66.8 million, or $0.33 per diluted Paired Share
Six Months 2015 Highlights
- RevPAR grew 6.4% to $44.98
- Revenue raised 6.0% to $627.9 million
- Adjusted EBITDA raised 9.0% to $294.6 million
- Hotel Operating Margin expanded 230 basis points to 53.9%
- Net income raised 48.6% to $92.7 million
- Adjusted Paired Share Income1 of $97.2 million, or $0.48 per diluted Paired Share
Financial and Operating Results
Total revenues for the three months ended June 30, 2015 raised 5.7% over the comparable period in 2014 to $340.3 million. Total revenues for the six months ended June 30, 2015 raised 6.0% over the comparable period in 2014 to $627.9 million.
Revenue per accessible room (“RevPAR”) for the three months ended June 30, 2015 grew 6.1% over the comparable period in 2014, driven by an improvement in average daily rate (“ADR”) of 8.5% while occupancy reduced to 77.1% contrast to 78.8% in the comparable period in 2014. RevPAR for the six months ended June 30, 2015 grew 6.4% over the comparable period in 2014, driven by an improvement in ADR of 7.5% while occupancy reduced to 73.8% contrast to 74.4% in the comparable period in 2014.
Extended Stay America, Inc. develops, owns, and operates hotels in the United States and Canada. As of December 31, 2014, the company had 682 hotels with about 76,000 rooms compriseing of 632 hotels with about 69,600 rooms under the Extended Stay America brand; 3 hotels with 500 rooms under the Extended Stay Canada brand; and 47 hotels with about 5,900 rooms under the Crossland Economy Studios brand.
Finally, Bunge Ltd (NYSE:BG), ended its last trade with -0.92% loss, and closed at $76.61.
Bunge Limited,
- Total adjusted segment EBIT of $152 million, down $266 million vs. last year
- Agribusiness lower due to weak softseed processing and trading & distribution results
- Food & Ingredients influenced by market slowdown in Brazil
- YTD total adjusted segment EBIT of $525 million, up $32 million vs. last year
- Combined Agri-Foods rolling 4Q ROIC of 9.6%; 2.6 points over WACC
- Expect strong 2H in Agribusiness, improvement from 1H in Foods and combined full year Agri-Foods ROIC of ~10%
Bunge Limited, through its auxiliaries, operates as an agribusiness and food company worldwide. It operates in five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer.
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