On Wednesday, Lumber Liquidators Holdings Inc (NYSE:LL)’s shares inclined 0.33% to $14.99.
Lumber Liquidators (LL), the largest specialty retailer of hardwood flooring in North America, declared that its updated Floor Finder app is now accessible on smart phones and tablets.
The app empowers consumers to easily browse through more than 400 flooring varieties, in addition to current deals, to find their perfect floor. It comprises three primary features – Color Match, Room Designer and The Visualizer.
Tom Sullivan, Founder and acting Chief Executive Officer, commented: “Our new app is user friendly and aspirational. It will assist consumers dive headfirst into what can seem like a daunting shopping process and have fun along the way. Ultimately, it is a great tool that literally puts a consumer’s perfect floor at their fingertips.”
The Color Match tool, formerly only accessible on the mobile website, allows users to upload a photo of any item such as a cabinet or a friend’s floor and then see Lumber Liquidators products with a similar range of colors. A new split screen “mood board” feature also makes it easy to compare flooring style options to the colors found in other home decor design elements such as paint colors, countertops, furniture and more. For those that simply don’t know where to start, the new Explore feature allows shoppers to visually browse through photos and room scenes for colors and styles that catch their eye.
Lumber Liquidators Holdings, Inc., together with its auxiliaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. It primarily offers solid and engineered hardwood products; laminate floorings; bamboo floor products, cork floorings, and vinyl plank flooring; wood flooring moldings; butcher block kitchen countertops, and staircase treads and risers; and accessories, such as sealers, adhesives, and underlayments, in addition to flooring tools and floor cleaning supplies.
Energen Corporation (NYSE:EGN)’s shares dropped -2.84% to $49.31.
Energen Corp. reports preliminary financial results for the quarter ended June 30, 2015.
Highlights
- Summary numbers: Revenues of USD 219.29 million, Net Earnings of USD -111.60 million, and Earnings per Share (EPS) of USD -1.52.
- Gross margins narrowed from 42.28% to 1.45% contrast to the same quarter last year, operating (EBITDA) margins now 49.78% from 64.14%.
- Year-on-year change in operating cash flow of -21.36% is about the same as the change in earnings, likely no noteworthy movement in accruals or reserves.
- Narrowing of operating margins contributed to decline in earnings.
Energen Corporation, through its partner Energen Resources Corporation, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. As of December 31, 2014, the company had about 372.7 million barrels of oil equivalent reserves located in the Permian Basin in west Texas, and the San Juan Basin in New Mexico and Colorado. Energen Corporation was founded in 1929 and is headquartered in Birmingham, Alabama.
At the end of Wednesday’s trade, Corrections Corp Of America (NYSE:CXW)‘s shares surged 0.48% to $29.50.
CCA (NYSE: CXW) America’s largest owner of partnership correctional and detention facilities, declared recently that it has closed on the acquisition of four community corrections facilities from a privately held owner of community corrections facilities and other government leased assets, for about $13.5 million, not taking into account transaction related expenses. The all-cash transaction closed August 27, 2015, and CCA did not assume any debt as part of the transaction.
The four attained community corrections facilities have a capacity of about 600 beds and are leased to Community Education Centers, Inc. (“CEC”) under triple net lease agreements that extend through July 2019 and comprise multiple five-year lease extension options. CEC separately contracts with the Pennsylvania Department of Corrections and the Philadelphia Prison System to provide rehabilitative and re-entry services to residents and inmates at the leased facilities.
Corrections Corporation of America, together with its auxiliaries, owns and operates privatized correctional and detention facilities in the United States. It owns, operates, and manages prisons and other correctional facilities; and provides inmate residential and prisoner transportation services for governmental agencies.
Jacobs Engineering Group Inc (NYSE:JEC), ended its Wednesday’s trading session with -0.70% loss, and closed at $39.79.
Jacobs Engineering Group Inc. (JEC) declared that it was awarded a contract from the New Jersey Turnpike Authority (Authority) to provide resident engineering and construction inspection services for roadwide guide sign improvements on the New Jersey Turnpike.
Officials estimate the construction value to be $26 million. Construction began July 2015 with substantial completion anticipated for the fall of 2017.
Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients. It offers project services that comprise engineering, design, architectural, interiors, planning, environmental, and other services; and process, scientific, and systems consulting services, counting services performed in connection with scientific testing, analysis, and consulting activities, in addition to information technology, and systems engineering and integration activities.
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