On Thursday, Garmin Ltd. (NASDAQ:GRMN)’s shares inclined 0.11% to $37.26.
Garmin International Inc., a unit of Garmin Ltd. (GRMN), declared the Forerunner 25, a compact and easy-to-use GPS running watch with connected features. No matter the aim the Forerunner 25 will assist runners get there by tracking essential data counting distance, pace, heart rate1 and calories. In between workouts the Forerunner 25 keeps users motivated with activity tracking,2 counting steps and calories and reminding users when they’ve been inactive for too long. When paired with a compatible smartphone,3 users can automatically upload data to Garmin Connect and stay connected with alerts for incoming call, text, calendar reminders and more.
With the Forerunner 25 runners can take their training to the next level and stay on top of fitness aims between workouts. Users can track distance, pace, heart rate and personal records during workouts, and count steps, calories and distance throughout the day. The Forerunner 25 even reminds users when they’ve been inactive too long. Water resistant to 50 meters4 its compact design features a 32 percent larger active display area in a thinner watch than its predecessor the Forerunner 15.
Garmin Ltd., together with its auxiliaries, designs, develops, manufactures, and markets hand-held, wrist-based, and portable and fixed-mount global positioning system (GPS) enabled products; and other navigation, communication, and information products worldwide. It operates in five segments: Automotive/Mobile, Aviation, Marine, Outdoor, and Fitness. The Automotive/Mobile segment offers personal automotive navigation devices; and infotainment solutions, in addition to mobile applications under the Viago, StreetPilot, and NAVIGON brands.
CNO Financial Group Inc (NYSE:CNO)’s shares gained 0.28% to $17.73.
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 Thursday’s trade, RR Donnelley & Sons Co (NASDAQ:RRD)‘s shares surged 2.36% to $15.63.
RR Donnelley & Sons Company (RRD) recently declared that it intends to create three independent, publicly traded companies: one business focused on financial communications and data services; one business focused on publishing and retail-centric print services; and one business focused on customized multichannel communications administration.
Planned Benefits
- Each business to focus on its distinct planned preceding ties, driving opportunities to accelerate growth and enhance long-term value.
- Greater flexibility to execute tailored business strategies and compete in evolving markets.
- Even more focused brand strategy to support each business’s marketing plan.
R.R. Donnelley & Sons Company provides integrated communications solutions to private and public sector clients in the United States and internationally. The company operates through Publishing and Retail Services, Variable Print, Planned Services, and International segments. Its product and service offerings comprise magazines, catalogs, retail inserts, books, directories, and packaging products; commercial and digital print, direct mail, office products, labels, statement printing, and forms; and logistics services, financial print products and related services, print administration products, and digital and creative solutions.
Forum Energy Technologies Inc (NYSE:FET), ended its Thursday’s trading session with 1.89% gain, and closed at $15.13.
Forum Energy Technologies, Inc. (FET) declare the signing of a contract with Egyptian Refining Company (ERC) to engineer, design and build eight Edge™ II desalters. The desalters will be utilized in the Cairo Oil Refinery Company’s expansion project near Cairo. The units are planned for completion April 2016 and have a contract value of more than $20 million.
Forum’s proprietary Edge II technology has been used in many refineries around the world and maximizes desalting performance and feedstock capacity while minimizing demulsifier and solids-wetting chemicals of most chemical suppliers. The desalters also utilize Forum’s Kick Amp Responder (KAR) technology. KAR allows operators to achieve better optimization and efficiency by controlling the output voltage of any crude or desalting coalescing operation using the existing electrostatic setup.
Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry in the United States and internationally. The company operates in two segments, Drilling & Subsea, and Production & Infrastructure. The Drilling & Subsea segment designs and manufactures products, and provides related services to the subsea construction, drilling, well construction, completion, and intervention markets. This segment also offers subsea technologies, counting robotic vehicles and other capital equipment, specialty components and tooling, complementary subsea technical services and rental items, and applied products for subsea pipelines; drilling technologies compriseing of capital equipment and a line of products consumed in the drilling and well intervention process; and down hole technologies compris
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