On Tuesday, L Brands Inc(NYSE:LB)’s shares inclined 2.59% to $92.72.
L Brands, Inc. (LB) stated net sales of $826.0 million for the four weeks ended Aug. 29, 2015, an enhance of 8 percent, contrast to net sales of $765.3 million for the four weeks ended Aug. 30, 2014. Comparable store sales raised 6 percent for the four weeks ended Aug. 29, 2015.
The company stated net sales of $6.103 billion for the 30 weeks ended Aug. 29, 2015, an enhance of 5 percent contrast to net sales of $5.832 billion for the 30 weeks ended Aug. 30, 2014. Comparable store sales raised 4 percent for the 30 weeks ended Aug. 29, 2015.
L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Operates, and Victoria’s Secret and Bath & Body Operates International. Its products comprise loungewear, bras, panties, sleepwear, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories.
SUPERVALU INC.(NYSE:SVU)’s shares gained 2.80% to $8.44.
A grocery store leased and operated by Save-A-Lot food stores at 1701 West State Street in Rockford, IL — the first one built and owned by Midwest nonprofit IFF — will hold its grand opening on Thursday, August 27, at 9 a.m. In attendance to celebrate the Ellis Heights neighborhood store will be Rockford Mayor Larry Morrissey, state Sen. Steve Stadelman, city and county officials, and other community leaders.
The $3 million project is one of six grocery stores that is being developed or financed by IFF through the Illinois Fresh Food Fund, a state initiative to enhance access to fresh foods in underserved communities. The Fund launched in 2012 with $10 million in capital funds from the Department of Commerce and Economic Opportunity. IFF secured additional resources from banks, foundations, and other community development financial institutions to support implementation of the Fund, in addition to from the U.S. Department of the Treasury’s Healthy Food Financing Initiative.
SUPERVALU INC., together with its auxiliaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Independent Business, Save-A-Lot, and Retail Food. The Independent Business segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. As of February 28, 2015, this segment operated about 1,825 stores with a network spanning 41 states.
At the end of Tuesday’s trade, Goldman Sachs Group Inc(NYSE:GS)‘s shares surged 3.07% to $185.91.
Goldman, Sachs & Co. declared that its Merchant Banking Division (MBD) has retained Louis R. Chenevert to act as an exclusive advisor targeting opportunities in the aerospace and industrials sectors and advise other businesses.
Mr. Chenevert, 58, former Chairman and Chief Executive Officer of United Technologies Corp. (UTX), stepped down in November 2014 after 22 years with the company. During his six-year tenure as CEO of United Technologies, the market capitalization of the company nearly doubled. Chenevert additionally launched several of the leading products in the aerospace industry and industrials sectors. Additionally, he led transformational acquisitions and successful integrations of International Aero Engines and Goodrich Corporation, which remains the largest aerospace acquisition accomplished to date.
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment administration company worldwide. The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Administration. The Investment Banking segment provides financial advisory services, such as planned advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk administration; and underwriting services, counting public offerings and private placements of a range of securities and other financial instruments, in addition to derivative transactions reached with public and private sector clients.
Mobileye NV(NYSE:MBLY), ended its Tuesday’s trading session with 2.94% gain, and closed at $52.60.
Mobileye N.V. (MBLY), declared financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Financial Highlights
- Revenue: Total revenue for the second quarter of 2015 was $52.8 million, an enhance of 57% contrast to $33.7 million in the preceding-year period. Within total revenue, original equipment manufacturing (OEM) revenue was $43.6 million, contrast to $28.8 million in the preceding-year period. After market (AM) revenue contributed the remaining $9.2 million of total revenue for the second quarter of 2015 contrast to $4.9 million in the preceding-year period.
- Net Income and Earnings per Share: GAAP net income for the second quarter of 2015 was $15.3 million, or $0.06 per diluted share. This compares to GAAP net income of $0.2 million or about breakeven on a per share basis for the second quarter of 2014. GAAP results comprised of share-based compensation expense of $8.4 million for the second quarter of 2015 and $11.0 million for the second quarter of 2014.
Non-GAAP net income for the second quarter of 2015 was $23.7 million, or $0.10 per share, based on 237.8 million weighted average diluted shares outstanding. This compares to non-GAAP net income of $11.2 million, or $0.05 per share, based on 216.5 million weighted average diluted shares outstanding during the second quarter of 2014. Non-GAAP net income excludes share-based compensation expense.
Mobileye N.V., together with its auxiliaries, designs and develops software and related technologies for camera-based advanced driver assistance systems primarily in Israel. It operates through two segments, Original Equipment Manufacturing and After Market. The company offers proprietary software algorithms and EyeQ chips that perform detailed interpretations of the visual field to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris, and other obstacles; and detect roadway markings, such as lanes, road boundaries.
Advanced Semiconductor Engineering (ADR) (NYSE:ASX), ended its Tuesday’s trading session with 6.51% gain, and closed at $5.07.
Advanced Semiconductor Engineering, Inc. (ASX) the world’s largest independent provider of packaging and testing services, recently stated unaudited net revenues[1] of NT$70,222 million for the second quarter of 2015 (2Q15), up by 20% year-over-year and up by 9% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT$3,652 million, down from a net income attributable to shareholders of the parent of NT$5,106 million in 2Q14 and down from a net income attributable to shareholders of the parent of NT$4,469 million in 1Q15. Basic earnings per share for the quarter were NT$0.48 (or US$0.077 per ADS), contrast to basic earnings per share of NT$0.66 for 2Q14 and NT$0.58 for 1Q15. Diluted earnings per share for the quarter were NT$0.43 (or US$0.070 per ADS), contrast to diluted earnings per share of NT$0.65 for 2Q14 and NT$0.56 for 1Q15.
Advanced Semiconductor Engineering, Inc. provides semiconductor packaging and testing services in the United States, Taiwan, Asia, Europe, and internationally. It operates through Packaging, Testing, and Electronic Manufacturing Services (EMS) segments.
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