On Friday, Yelp Inc (NYSE:YELP)’s shares inclined 0.14% to $24.20.
Yelp Inc. (YELP), the company that connects consumers with great local businesses, recently declared that Max Levchin has resigned as Chairman and Director to pursue other interests, effective right away.
The Board has not yet designated a new Chairman but plans to consider the issue at the next Board meeting in September.
Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories. The company provides local advertising services, counting free and paid business listing services to businesses of various sizes, in addition to enable businesses to deliver targeted search advertising to large local audiences through its Website and mobile app. It also offers brand advertising services comprising advertising solutions for national brands in the food and restaurant, automobile, financial services, logistics, consumer goods, and health and fitness industries that want to improve their local presence in the form of display advertisements and brand sponsorships.
Lam Research Corporation (NASDAQ:LRCX)’s shares dropped -2.38% to $69.75.
Lam Research Corporation (LRCX) declared that its Board of Directors has approved a quarterly dividend of $0.30 per share of common stock. On an annualized basis, this will return about $190 million to stockholders based on shares outstanding as of June 28, 2015. The dividend payment will be made September 30, 2015 to holders of record on September 9, 2015. Future dividend payments are subject to review and approval by the Board of Directors.
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing systems used in the fabrication of integrated circuits. The company provides thin film deposition products, counting SABRE Product Family for copper damascene manufacturing; ALTUS systems deposit conformal atomic layer films for tungsten metallization applications; VECTOR family of plasma-improved chemical vapor deposition systems for the deposition of ashable hardmasks, oxides, nitrides, carbides, and anti-reflective layers; SPEED high-density plasma-chemical vapor deposition products for applications in STI, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing product family for the treatment of back-end-of-line low-k dielectric films and front-end-of-line silicon nitride strained films.
At the end of Friday’s trade, Pioneer Natural Resources (NYSE:PXD)‘s shares dipped -0.62% to $118.38.
Pioneer Natural Resources Company (PXD) declared financial and operating results for the quarter ended June 30, 2015.
Pioneer stated a second quarter net loss attributable to common stockholders of $218 million, or $1.46 per diluted share. Without the effect of noncash derivative mark-to-market losses and other unusual items, adjusted income for the second quarter was $15 million after tax, or $0.10 per diluted share.
Second quarter and other recent highlights comprised of:
- producing 197 thousand barrels oil equivalent per day (MBOEPD) in the second quarter, of which 51% was oil; second quarter production reflected strong Spraberry/Wolfcamp production growth driven by Pioneer’s successful horizontal drilling program partially offset by lower-than-predictable production in the Eagle Ford Shale and the West Panhandle field;
- maintaining a production growth forecast for 2015 of 10%+, reflecting an enhance in forecasted Spraberry/Wolfcamp production growth from 20%+ to 22% to 24% offset by a reduction in the full-year growth rate for the Eagle Ford Shale;
Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle.
Chico’s FAS, Inc. (NYSE:CHS), ended its Friday’s trading session with 0.07% gain, and closed at $15.24.
Chico’s FAS, Inc. (CHS) declared that its Board of Directors declared a quarterly cash dividend of $0.0775 per share of its common stock, a 3.3% enhance over the dividend rate from September 2014. The dividend is payable on September 28, 2015 to Chico’s FAS shareholders of record at the close of business on September 14, 2015.
Chico’s FAS, Inc. operates as an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items. The company’s portfolio of brands comprises of Chico’s, White House|Black Market (WH|BM), Soma Intimates (Soma), and Boston Proper. The Chico’s brand sells private branded clothing; and accessories, such as handbags, belts, scarves, earrings, necklaces, and bracelets focusing on women of age 40 and over.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
