On Friday, Shares of Exxon Mobil Corporation (NYSE:XOM), dropped -0.65% to $86.97.
Exxon Mobil, declared $10 million in new grants to mark World Malaria Day, ongoing the company’s 15-year commitment to fighting a disease that is preventable and treatable, yet still kills more than half a million people annually.
This year’s grants from ExxonMobil and the ExxonMobil Foundation support a range of research, education, advocacy and treatment programs to reduce the human and economic toll of malaria. Several grants focus on developing leadership and health workforce capacity in countries and communities that lack adequate health systems to combat malaria and other health challenges.
Efforts to lessen malaria’s burden are making an impact. Since 2000, malaria mortality rates have dropped by nearly half worldwide, and cases in Africa are down by more than a third. However, emerging antimalarial drug resistance and insecticide resistance threaten global progress, making continued investment in innovative tools and approaches more important than ever.
ExxonMobil’s support for the fight against malaria comprises investments in people who tackle the disease from all angles. In addition to delivering millions of bed nets, diagnostics and drugs, ExxonMobil and its partners have trained nearly 500,000 health workers to keep at-risk communities vigilant against the disease. ExxonMobil also funds organizations engaged in research to address the growing challenge of antimalarial drug and insecticide resistance and accelerate the development of new treatments. To cultivate the next generation of leaders to take on malaria, ExxonMobil supports education and training opportunities for young people with a passion for global health.
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, counting olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products.
Shares of AT&T, Inc. (NYSE:T), declined -0.64% to $34.01, during its last trading session.
At its annual meeting of stockholders AT&T, declared that each of the 12 nominees were reelected to the company’s board of directors for one-year terms, with each member receiving at least 94.7 percent of the shares voted. The board members are:
- Randall L. Stephenson
- Scott T. Ford
- Glenn H. Hutchins
- William E. Kennard
- Jon C. Madonna
- Michael B. McCallister
- John B. McCoy
- Beth E. Mooney
- Joyce M. Roché
- Matthew K. Rose
- Cynthia B. Taylor
- Laura D’Andrea Tyson
Additionally, AT&T stockholders voted to approve the following items projected by the board of directors:
- The appointment of Ernst & Young LLP as the company’s independent auditor, with 98.5 percent of shares cast in favor.
- In an advisory vote, the compensation of AT&T’s executive officers as described in the 2015 proxy statement, with 78.1 percent of shares cast in favor.
- The following proposals from stockholders were also voted on:
- A proposal asking AT&T to issue a semi-annual report on indirect political contributions was defeated by a vote of 74.4 percent against.
- A proposal asking that AT&T issue an annual report on lobbying was defeated by a vote of 66.4 percent against.
- A proposal asking that AT&T reduce the level of approval required to call a special meeting of stockholders was defeated by a vote of 67.4 percent against.
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
At the end of Friday’s trade, Shares of Nucor Corporation (NYSE:NUE), dwindled -0.64% to $48.11.
Nucor Corporation, declared merged net earnings of $67.8 million, or $0.21 per diluted share, for the first quarter of 2015. By comparison, Nucor stated net earnings of $111.0 million, or $0.35 per diluted share, for the first quarter of 2014 and net earnings of $210.4 million, or $0.65 per diluted share, for the fourth quarter of 2014.
Nucor’s results comprise a credit of $16.5 million ($0.03 per diluted share) to value inventories using the last-in, first-out (LIFO) method of accounting. The credit is contrast with a charge of $14.5 million ($0.03 per diluted share) in the first quarter of 2014 and a credit of $57.3 million ($0.11 per diluted share) in the fourth quarter of 2014. Comprised of in the fourth quarter of 2014 results were $8.9 million ($0.02 per diluted share) of non-cash inventory related purchase accounting charges associated with the acquisition of Nucor Steel Gallatin and a $13.2 million ($0.04 per diluted share) out-of-period non-cash gain related to a correction to tax balances. Comprised of in the first quarter of 2014 earnings was a $12.8 million ($0.04 per diluted share) charge primarily related to tax legislation changes in the state of New York. Also comprised of in first quarter of 2014 results was a $9.0 million charge ($0.02 per diluted share) related to the disposal of assets within the steel mills segment.
Nucor’s merged net sales reduced 14% to $4.40 billion in the first quarter of 2015 from $5.11 billion in the first quarter of 2014 and reduced 12% contrast with $5.00 billion in the fourth quarter of 2014. Average sales price per ton in the first quarter of 2015 reduced 5% from both the first quarter of 2014 and the fourth quarter of 2014. Total tons shipped to outside customers were 5,635,000 tons in the first quarter of 2015, a 9% decrease from the first quarter of 2014 and a 7% decrease from the fourth quarter of 2014. Total first quarter steel mill shipments reduced 10% from the first quarter of 2014 and reduced 8% from the fourth quarter of 2014. First quarter downstream steel products shipments to outside customers raised 1% over the first quarter of 2014 and reduced 4% from the fourth quarter of 2014.
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces and distributes hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; structural steel products comprising wide-flange beams, beam blanks, H-pilings, and sheet pilings; and bar steel products, such as blooms, billets, concrete reinforcing bars, merchant bars, and special bar quality products.
Finally, Avnet, Inc. (NYSE:AVT), ended its last trade with -0.64% loss, and closed at $43.47.
Avnet, declared results for the third quarter fiscal year 2015 ended March 28, 2015.
- Sales for the quarter ended March 28, 2015 raised 7.0% organically on a constant currency basis and stated sales raised 0.8% year over year to $6.74 billion
- Adjusted operating income of $230.4 million raised 3.0% year over year and adjusted operating income margin of 3.4% raised 7 basis points year over year
- Adjusted net income of $143.5 million was essentially flat from the year ago quarter and adjusted diluted earnings per share of $1.04 raised 1.0% year over year
- Not taking into account the impact of changes in foreign currency exchange rates, adjusted diluted earnings per share would have been $1.15, which represents an enhance of about 12% from the year ago quarter
Avnet, Inc., together with its auxiliaries, distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific. It operates through two segments, Electronics Marketing (EM) and Technology Solutions (TS).
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