On Thursday, Shares of Abengoa Yield PLC (NASDAQ:ABY), gained 1.61% to $28.87.
Abengoa Yield, stated revenues of $308.6 million for the six months ended June 30, 2015, representing an 82% enhance y-o-y and Further Adjusted EBITDA counting unmerged associates of $264.8 million, representing a 93% enhance contrast to the same period of 2014. Cash Accessible for Distribution for the six months reached $83.1 million, with a contribution in the second quarter of $44.6 million.
Company’s assets have continued to perform well, resulting in Further Adjusted EBITDA counting unmerged associates in the second quarter of 2015 of $159.6 million, operating cash flow of $41.9 million and Cash Accessible for Distribution of $44.6 million.
Solar assets have exceeded expectations due to better solar radiation levels than budget, especially in Europe. Wind assets in South America, representing a small portion of our portfolio, have practiced poorer than predictable wind resource. Mojave is delivering systematically above 90% of the performance model of a fully optimized plant, which is very successful for a large plant with only seven months of operations. Solana is also performing in line with its target, having reached record daily production above 4 GWh per day.
Abengoa Yield plc owns a portfolio of renewable energy, conventional power, and electric transmission line contracted assets in North America, South America, and Europe. The company’s renewable energy assets comprise 2 solar power plants each with a gross capacity of 280 megawatts (MW) in the United States; 1 on-shore wind farm with a gross capacity of 50 MW in Uruguay; and 2 solar power plants each with a gross capacity of 50 MW in Spain.
Shares of Whirlpool Corporation (NYSE:WHR), inclined 1.03% to $174.57, during its last trading session.
Whirlpool Corporation is investing $21 million to enhance the size of its distribution network to better serve its customers. The company has established a new Regional Distribution Center near Chicago, bringing the company’s U.S. total of RDCs to 12, counting Puerto Rico and Hawaii.
Whirlpool is leasing a 750,000 square-foot warehouse in Channahon, Ill., which is southwest of Chicago. The new facility is a full-mix, rail-served warehouse, storing products from all Whirlpool-built major appliance categories and brands.
The new center improves service to customers through greater flexibility and more efficient operations, which results in better delivery times. The Chicago RDC serves Whirlpool local distribution centers in the Upper Midwest.
“The expansion of our network is part of our ongoing commitment to provide the best service to continually meet our customers’ needs,” said Jim Keppler, the company’s vice president, Integrated Supply Chain and Quality. “Chicago is the perfect location for a new facility. We have a large base of retail and builder customers in the metro area, and it provides easy access to multiple modes of transportation.”
Whirlpool Corporation manufactures and markets home appliances and related products worldwide. The company’s principal products comprise laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances.
At the end of Thursday’s trade, Shares of Affymetrix, Inc. (NASDAQ:AFFX), lost -0.41% to $9.78.
Affymetrix, has declared three recipients of the 2015 United States Affymetrix Tumor Profiling Grant Program. The grant program, first launched in 2014, is designed to support translational cancer researchers in the discovery and validation of novel diagnostic, prognostic, and therapeutic biomarkers that may address an unmet clinical need. The qualifying grant projects must use a multi-omics, systems-based approach that analyzes data from multiple molecular and cellular levels to identify robust cancer biomarkers for future application in the clinic. The high level of interest from scientists reflects a growing appreciation of the value of multi-parametric profiling of tumor samples.
The 2015 recipients of the Affymetrix Tumor Profiling Grant Program are:
- Tamara Lotan, MD, Johns Hopkins School of Medicine, Baltimore, MD
- Molecular profiling to distinguish aggressive from indolent prostate cancer
- Gayle Woloschak, PhD, Northwestern University, Chicago, IL
- Determination of biomarkers associated with cervical cancer relapse following radiation or chemo-radiation therapy
- Antonia Sepulveda, MD, PhD, Columbia University, New York City, NY
Integrated analysis of genomic gene expression alterations for early detection in pancreatic cancer.
The recipients are awarded with products from Affymetrix to investigate and combine analysis of at least two different analytes – DNA, RNA, or protein – across 30 tumor samples. The discovery and validation of biomarkers from these projects has the potential to inform better treatment strategies and prognosis prediction, improving overall patient outcome.
Affymetrix, Inc. provides life science products and molecular diagnostic products that enable parallel analysis of biological systems at the gene, protein, and cell level primarily in the United States, Europe, Latin America, and Asia. The company operates in two segments, Affymetrix Core and eBioscience.
Finally, Communications Sales & Leasing Inc (NASDAQ:CSAL), ended its last trade with 4.71% gain, and closed at $22.21.
Communications Sales & Leasing, declared its financial results for the second quarter of 2015.
SECOND QUARTER RESULTS
CS&L was spun-off from Windstream Holdings, Inc. on April 24, 2015. As such, the Company’s results for the second quarter comprise only the period from April 24, 2015 through June 30, 2015 and no preceding period results are stated in this release.
Funds from Operations (“FFO”), as defined by the National Association of Real Estate Investment Trusts (“NAREIT”), attributable to common shares for the period was $71.8 million, and Adjusted FFO (“AFFO”) attributable to common shares was $72.3 million. FFO and AFFO per diluted common share was $0.48 each for the period.
Adjusted EBITDA and net income of CS&L was $122.2 million and $8.3 million, respectively. Net income attributable to common shares was $8.0 million, or $0.05 per diluted share, for the period.
Communications Sales & Leasing, Inc. operates as a real estate investment trust. It primarily engages in the acquisition and leasing of communication distribution systems. It owns 64,000 route miles of fiber, 235,000 route miles of copper, and central office land and buildings across 29 states.
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