On Tuesday, Cobalt International Energy, Inc. (NYSE:CIE))’s shares inclined 3.81% to $7.91.
Cobalt International Energy, Inc. (CIE) declared a net loss of $66.8 million, or $0.16 per basic and diluted share for the second quarter of 2015, contrast to a net loss of $94.8 million, or $0.23 per basic and diluted share, for the second quarter of 2014. The current quarter comprised of $4.4 million of impairment charges for the formerly declared abandonment of the North Platte #2 appraisal well.
Capital and operating expenditures (not taking into account changes in working capital) for the quarter ending June 30, 2015 were about $205 million, in line with Cobalt’s planned capital and operating expenditures of about $800-900 million in 2015. Cash, cash equivalents, investments, and undrawn amounts under the Heidelberg Facility Agreement at the end of the second quarter were about $1.9 billion. This comprises about $82 million held for future operations in collateralizing letters of credit.
Cobalt International Energy, Inc., through its auxiliaries, engages in the exploration and production of oil-focused, below-salt exploration prospects. Its project portfolio comprises North Platte, Heidelberg, Shenandoah, and Anchor discovery in the U.S. Gulf of Mexico; Cameia, Lontra, Mavinga, Bicuar, and Orca in the offshore Angola; and Diaman in the offshore Gabon.
Allscripts Healthcare Solutions Inc (NASDAQ:MDRX)’s shares gained 2.77% to $13.36.
Villa Medical Clinic in Newburg, Ore., selected Allscripts (MDRX) Chronic Care Administration (CCM) Program to establish ongoing monthly outreach to hundreds of patients who suffer from two or more chronic conditions without adding staff or increasing workloads for current employees.
Villa Medical Center has served its community for more than 50 years and presently provides care services with one physician, three physician assistants and a team of nurses and support staff. The practice sought a way to simplify the rollout of care for patients with chronic conditions through the Centers for Medicare & Medicaid services (CMS) reimbursement program. The practice is in the process of transitioning to Allscripts Professional EHR(TM) from which it will be able to identify Medicare and Medicaid patients with chronic conditions who could benefit from raised care.
Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada. It operates in three segments: Clinical and Financial Solutions, Population Health, and Managed Services. The Clinical and Financial Solutions segment provides integrated clinical software applications, financial and information solutions, and related installation and maintenance services, counting EHR related software, financial and practice administration software, related installation and training services, and electronic claims administration services.
At the end of Tuesday’s trade, Gentex Corporation (NASDAQ:GNTX)‘s shares surged 1.65% to $15.99.
Gentex Corporation (GNTX) the Zeeland, Michigan-based manufacturer of automotive automatic-dimming rearview mirrors, automotive electronics, dimmable aircraft windows, and fire protection products, recently stated financial results for the three months ended June 30, 2015.
For the second quarter of 2015, the Company is happy to report net sales of $379.3 million, which was an enhance of 12% contrast to net sales of $338.4 million in the second quarter of 2014. The Company’s continued growth in sales has been accomplished despite worldwide light vehicle production that declined 1% in the second quarter of 2015 in the Company’s primary markets as compared to the second quarter of 2014, in addition to foreign currency fluctuations that accounted for about 1% of revenue headwind during the second quarter of 2015.
Gentex Corporation designs, develops, manufactures, and markets automatic-dimming rearview mirrors and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide. The company offers automotive products, counting interior and exterior electrochromic automatic-dimming rearview mirrors; automotive electronics; and interior and exterior non-automatic-dimming rearview mirrors with electronic features for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers.
Windstream Holdings, Inc. (NASDAQ:WIN), ended its Tuesday’s trading session with -1.84% loss, and closed at $7.46.
Bob Gunderman, chief financial officer of Windstream (WIN), will speak at 2:00 p.m. CDT on Thursday, September 10, at the Bank of America Merrill Lynch 2015 Media, Communications & Entertainment Conference in Beverly Hills, California.
Windstream Holdings, Inc. provides communications and technology solutions in the United States. It offers managed services and cloud computing services to businesses, in addition to broadband, voice, and video services to consumers primarily in rural markets. The company’s primary business service offerings comprise integrated voice and data services, multi-site networking, data center services, managed services, high-speed Internet, and voice services.
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