On Tuesday, Royal Dutch Shell plc (ADR) (NYSE:RDS.B)’s shares inclined 2.58% to $50.67.
Royal Dutch Shell plc’s (RDS-B) capital comprises of 3,918,015,024 A shares and 2,440,410,614 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury.
The total number of A shares and B shares in issue is 6,358,425,638 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Royal Dutch Shell plc under the FSA’s Disclosure and Transparency Rules.
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy. In addition, the company engages in manufacturing, supplying, and shipping crude oil; selling fuels, lubricants, bitumen, and liquefied petroleum gas (LPG) for home, transport, and industrial use; converting crude oil into a range of refined products, counting gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants, bitumen, sulphur, and LPG; producing and marketing petrochemicals, such as the raw materials for plastics, coatings, and detergents for industrial customers; and alternative energy business. Further, it trades hydrocarbons and other energy-related products; provides shipping services; and produces base chemicals comprising ethylene, propylene, and aromatics, in addition to intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol.
Estee Lauder Companies Inc (NYSE:EL)’s shares gained 0.39% to $77.65.
The Estée Lauder Companies Inc. (EL) will pay a quarterly dividend of $.24 per share on the Company’s Class A and Class B Common Stock on September 15, 2015 to stockholders of record at the close of business on August 31, 2015.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under brand names counting: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, M•A•C, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, GoodSkin Labs, Tom Ford, Ojon, Smashbox, Ermenegildo Zegna, AERIN, Osiao, Marni, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle and GLAMGLOW.
The Estee Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, counting moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products for face, eyes, lips, and nails, in addition to related items, such as compacts, brushes, and other makeup tools.
At the end of Tuesday’s trade, Impax Laboratories Inc (NASDAQ:IPXL)‘s shares surged 12.03% to $45.16.
Impax Laboratories, Inc. (IPXL) priced $500,000,000 aggregate principal amount of 2.00% convertible senior notes due 2022 (the “notes”) in a private offering to qualified institutional buyers following Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The notes will be the Company’s senior unsecured obligations. In connection with the offering, the Company has granted the initial purchasers an option to purchase up to an additional $100,000,000 aggregate principal amount of such notes.
The notes will bear interest at a rate of 2.00% per year payable semiannually in arrears on June 15 and December 15 of each year, startning December 15, 2015. The notes will mature on June 15, 2022, unless repurchased or converted in accordance with their terms prior to such date. The notes will be convertible at the option of the holder any time prior to the close of business on the business day right away preceding December 15, 2021 only upon satisfaction of certain conditions and during certain periods, into cash, shares of the Company’s common stock or a combination of cash and shares of the Company’s common stock, at the Company’s election in the manner and subject to the terms and conditions offered in the indenture governing the notes. On or after December 15, 2021 until the close of business on the second planned trading day right away preceding the maturity date, holders may convert their notes at any time. The Company’s ability to elect to deliver shares of the Company’s common stock upon conversion is subject to the Company obtaining stockholder approval to enhance the number of shares of the Company’s common stock authorized for issuance. Holders of the notes will have the right to require the Company to repurchase all or some of their notes at 100% of their principal amount, plus any accrued and unpaid interest, upon the occurrence of certain “fundamental change” events. The conversion rate will initially be 15.7858 shares of common stock per $1,000 principal amount of notes (equivalent to an initial conversion price of about $63.35 per share of common stock). The initial conversion price of the notes represents a premium of about 32.5% to the $47.81 per share closing price of the Company’s common stock on June 24, 2015. The sale of the notes is predictable to close June 30, 2015, subject to customary closing conditions.
Impax Laboratories, Inc., a specialty pharmaceutical company, develops, manufactures, and markets bioequivalent pharmaceutical products. It operates in two segments, Global Pharmaceuticals Division and Impax Pharmaceuticals Division.
Swift Transportation Co (NYSE:SWFT), ended its Tuesday’s trading session with 2.10% gain, and closed at $19.43.
Swift Transportation Company (SWFT) reports preliminary financial results for the quarter ended June 30, 2015.
Highlights
- Summary numbers: Revenues of USD 1,059.40 million, Net Earnings of USD 50.95 million, and Earnings per Share (EPS) of USD 0.35.
- Gross margins narrowed from 11.78% to 10.05% contrast to the same quarter last year, operating (EBITDA) margins now 14.43% from 13.45%.
- Year-on-year change in operating cash flow of 11.85% is about the same as the change in earnings, likely no noteworthy movement in accruals or reserves.
- Earnings growth from operating margin improvements in addition to one-time items.
Swift Transportation Company operates as a multi-faceted transportation services company in North America. The company operates through four segments: Truckload, Dedicated, Central Refrigerated, and Intermodal. The Truckload segment provides services through one-way movements over irregular routes utilizing company’s and owner-operator tractors with dry van, flatbed, and specialized trailing equipment. The Dedicated segment offers tailored solutions under long-term contracts utilizing refrigerated, dry van, flatbed, and other specialized trailing equipment.
Allstate Corp(NYSE:ALL)’s shares gained 2.03% to $58.20.
This college football season, Allstate Insurance Company and ESPN college football analyst, Kirk Herbstreit will give college football teams the validation their passionate fans are looking for in the form of #StreitCred.
Each week during the college football season, @Allstate and @KirkHerbstreit will share which teams are deserving of #StreitCred, spotlighting the strongest team performances and standout moments as they unfold on the gridiron. The schools selected, regardless of ranking, will be given the ultimate badge of honor and bragging rights from Herbstreit himself. Fans can follow the conversation on Twitter and weigh-in on what teams they think are deserving of #StreitCred.
Allstate also declared recently the launch of its second annual “It’s Good Sweepstakes,” which will award one lucky grand prize winner and three friends with a trip to New Orleans for the 2016 Allstate® Sugar Bowl® before traveling to Phoenix for the 2016 College Football Playoff National Championship. The winner will receive $100,000 and a meet and greet with Herbstreit as part of the grand prize package.
The Allstate Corporation, through its auxiliaries, engages in the property-liability insurance and life insurance businesses in the United States and Canada. The companys Allstate Protection segment sells private passenger auto and homeowners insurance products under the Allstate, Encompass, Esurance brand names. It also provides specialty auto products, counting motorcycle, trailer, motor home, and off-road vehicle insurance policies; other personal lines products comprising renter, condominium, landlord, boat, umbrella, and manufactured home insurance policies; roadside assistance products; and commercial products for small business owners, in addition to insurance agency services.
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