On Wednesday, BWX Technologies Inc (NYSE:BWXT)’s shares inclined 0.10% to $25.31.
BWX Technologies, Inc. (BWXT) declared that its partner BWXT Canada Ltd. has been awarded major contracts for steam generator design and component manufacturing for the HPR1000 nuclear plant in Guangxi, China.
The steam generator design contract for Guangxi Fangchenggang Nuclear Power Co., Ltd.’s (GFNP) Units 3 and 4 was awarded by China Nuclear Power Engineering Co. Ltd. and China Nuclear Power Design Company Ltd., which are the wholly-owned auxiliaries of China General Nuclear Power Corporation.
BWX Technologies, Inc. engages in government, commercial nuclear, and technical services businesses. The company operates in three segments: Nuclear Operations Group, Technical Services Group, and Nuclear Energy. The Nuclear Operations Group segment designs and manufactures critical components and nuclear fuel for the United States naval fleet; and delivers technologies for application in the nuclear industry. The Technical Services Group segment manages and operates government-owned and related facilities for defense programs, nuclear non-proliferation, and advanced technology development.
CNO Financial Group Inc (NYSE:CNO)’s shares gained 3.71% to $16.78.
CNO Financial Group, Inc. (CNO) declared second quarter of 2015 operating earnings (1) of $60.8 million, or 31 cents per diluted share, contrast to $71.3 million, or 32 cents per diluted share, in the second quarter of 2014.
Second Quarter 2015 Highlights
- Sales, as defined by total new annualized premium (“NAP”) (2): $105.5 million, up 1% from 2Q14
- Collected premium from our ongoing operating segments (3): $830.9 million down slightly from 2Q14
- Net income per diluted share: 24 cents in 2Q15 (counting 11 cents from the loss on extinguishment of debt) contrast to 35 cents in 2Q14
- Net operating income (1) per diluted share: 31 cents in 2Q15 contrast to 32 cents in 2Q14
- Unrestricted cash and investments held by our holding company were $385 million at June 30, 2015
- Common stock repurchases and dividends were $115 million in 2Q15
Six-month 2015 Highlights
- Sales, as defined by total NAP (2): $210.8 million, up 2% from the first six months of 2014
- Collected premium from our ongoing operating segments (3): $1,638.9 million down 1% from the first six months of 2014
- Net income (loss) per diluted share: 50 cents in the first six months of 2015 (counting 11 cents from the loss on extinguishment of debt) contrast to (69) cents in the first six months of 2014 (counting $1.35 from the loss on the sale of Conseco Life Insurance Company (“CLIC”) and gain on reinsurance transaction)
CNO Financial Group, Inc., through its auxiliaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. Its Bankers Life segment markets and distributes Medicare supplement insurance, interest sensitive and traditional life insurance, fixed annuities, and long term care insurance products; Medicare advantage plans primarily through distribution arrangements with Humana, Inc. and United HealthCare; and Medicare Part D prescription drug plans through a distribution and reinsurance arrangement with Coventry Health Care.
At the end of Wednesday’s trade, Seadrill Partners LLC (NYSE:SDLP)‘s shares dipped -0.37% to $8.12.
Seadrill Partners LLC is planned to release its second quarter 2015 results on Thursday August 27th, 2015.
In connection with the earnings release, a conference call/webcast will be held as described below.
A conference call will be held at 1:15 p.m. EDT / 6:15 p.m. BST on Thursday August 27th, 2015.
Seadrill Partners LLC owns, operates, and acquires offshore drilling units. The company primarily serves various oil and gas companies. As of March 31, 2015, its fleet compriseed of four semi-submersible drilling rigs, three drillships, and three tender rigs. The company was founded in 2012 and is headquartered in London, the United Kingdom. Seadrill Partners LLC is a partner of SeaDrill Limited.
BCE Inc. (USA )(NYSE:BCE), ended its Wednesday’s trading session with 0.84% gain, and closed at $39.51.
BCE Inc. (BCE) declared that it has sold its 15% equity position in the Globe and Mail Inc. to The Woodbridge Company Limited, the primary investment vehicle for members of the Thomson family of Canada and majority owner of the Globe. Terms of the transaction were not revealed.
George Cope , President and Chief Executive Officer of BCE and Bell Canada stated that they thank Woodbridge for their partnership and support over the years and wish them the very best in taking Canada’s national newspaper forward.
BCE Inc., a telecommunications and media company provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through Bell Wireless, Bell Wireline, and Bell Media segments. The company offers data, local, long distance, and other communications services under the Bell Home Phone brand; direct-to-home satellite TV services under the Bell TV name; Internet protocol (IP) TV services under the Bell Fibe TV brand; and competitive local exchange carrier (CLEC) services.
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