On Monday, Shares of Avis Budget Group Inc. (NASDAQ:CAR), lost -1.55% to $55.42.
Avis Budget Group Inc., released its first independent study examining the attitudes and lifestyle of “Urban Boomers,” a demographic cohort of adults who live in urban areas and who are ages 50 to 69, part of the “baby boomer” generation. The study, conducted by KRC Research, revealed that Urban Boomers in the U.S. are tech-savvy, highly active, and while many still own a car, they are driving less after moving to the city. These characteristics are similar to what millennials have self-reported in previous Zipcar research, making Urban Boomers a prime demographic for adopting new mobility solutions, such as car sharing.
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide.
Shares of Continental Resources, Inc. (NYSE:CLR), inclined 0.13% to $47.05, during its last trading session.
Continental Resources, Inc., declared first quarter 2015 operating and financial results.
Continental reported a net loss of $132.0 million, or $0.36 per diluted share, for the first quarter of 2015. Adjusted net loss for the first quarter of 2015 was $33.8 million, or $0.09 per diluted share.
EBITDAX for the first quarter of 2015 was $439.4 million, compared with EBITDAX of $775.4 million for the first quarter of 2014, reflecting the decline in average commodity prices since June 2014. Definitions and reconciliations of adjusted net loss, adjusted earnings per share and EBITDAX to the most directly comparable U.S. generally accepted accounting principles (GAAP) financial measures can be found in the supporting tables at the conclusion of this press release.
Continental Resources, Inc. explores, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil production to end users, as well as midstream marketing companies or crude oil refining companies at the lease.
At the end of Monday’s trade, Shares of Time Inc (NYSE:TIME), gained 0.77% to $22.28.
Time Inc (NYSE:TIME), declared a regular quarterly cash dividend of $0.19 per share payable on June 15, 2015 to all common stockholders of record at the close of business on May 29, 2015.
Time Inc., together with its subsidiaries, operates as a media company that publishes magazines in the United States, the United Kingdom, and internationally. It publishes magazines under People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune, and Food & Wine names in the United States, as well as approximately 50 diverse titles in the United Kingdom, such as Decanter and Horse & Hound.
Finally, Citrix Systems, Inc.(NASDAQ:CTXS), ended its last trade with 0.47% gain, and closed at $65.92.
Recently at Citrix Synergy™, Citrix declared that Aer Lingus has won the company’s prestigious Innovation Award. Now in its tenth year, the award recognizes visionary customers who are using Citrix solutions to drive innovative technology implementations that provide business and people with new ways to work better.
Aer Lingus was selected after an extensive review of nominations from around the world looking for the most transformative companies leveraging Citrix mobility, virtualization, networking and cloud solutions to achieve a compelling new vision for the workplace. Aer Lingus demonstrated innovation in the way they applied Citrix solutions to improve business efficiency, data security and user experience.
Citrix Systems, Inc. provides virtualization, mobility management, networking, and Software as a Service solutions worldwide. The company’s Enterprise and Service Provider division offers XenMobile Enterprise, a solution to manage mobile devices, apps, and data; XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; Citrix XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients; and Citrix Workspace Suite, a business mobility solution that delivers the user experience for any app or desktop.
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