On Friday, in the course of current trade, Shares of Verizon Communications Inc. (NYSE:VZ), dropped -0.63%, and is now trading at $50.12.
Verizon Communications, has added two 4G LTE Cell on Light Trucks (COLTs) to the Grant Park area to boost coverage capacity. A COLT is a 20,000-pound truck equipped with a 30-foot antenna and back-up generator, operating as a fully functional, mobile cell site that enhances wireless capacity in a given area. Additionally, XLTE, which launched in the Chicago area last year, utilizes Verizon’s AWS (Advanced Wireless Services) spectrum, and allows Verizon to deliver significantly raised capacity – at a minimum, doubling the capacity – over its high-speed 4G LTE network. More customers in high-traffic locations can access the company’s most advanced technology at the same time to send photos, download or upload videos, and use the Internet together with other popular applications on their wireless devices during times of peak usage. Another way to think of it: Having access to XLTE is like doubling the number of lanes on a freeway from 10 to 20 and allowing a lot more traffic.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
During an afternoon trade, Shares of JetBlue Airways Corporation (NASDAQ:JBLU), gained 4.92%, and is now trading at $21.54, hitting its highest level.
JetBlue Airways, launched service to its latest destination, Cleveland’s Hopkins International Airport (CLE), with twice daily flights from Boston Logan International Airport (BOS) and daily flights from Fort Lauderdale-Hollywood International Airport (FLL). Recently, the airline also introduced daily flights from Fort Lauderdale-Hollywood to Detroit’s Metropolitan Wayne County Airport (DTW).
“We see a bright future with great opportunities in Cleveland. We originally declared one route, Boston to Cleveland, but right away noticed demand was so strong for JetBlue by Northeast Ohio travelers that we shortly after decided to add a Fort Lauderdale to Cleveland flight. Clevelanders will now have nonstop access to two of America’s most exciting cities, but can also easily travel beyond to the Caribbean via Fort Lauderdale or to destinations around the globe with partners like Emirates through Boston,” said Dave Clark, vice president, network planning, JetBlue.
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts.
Shares of Noble Corporation plc (NYSE:NE), during its Friday’s current trading session surged 4.39%, and is now trading at $18.07.
Noble Corporation, stated first quarter 2015 net income from ongoing operations attributable to Noble Corporation of $178 million, or $0.72 per diluted share. The results contrast to a loss from ongoing operations in the fourth quarter of 2014 of $595 million, or $2.38 per diluted share. Fourth quarter 2014 results comprised of an after-tax charge of $713 million, or $2.86 per diluted share, related to the impairment of three rigs and the Company’s total goodwill balance. Not taking into account the fourth quarter impairment charge, net income from ongoing operations would have been $119 million, or $0.47 per diluted share. For the first quarter of 2014, net income from ongoing operations was $155 million, or $0.60 per diluted share. Revenues for the first quarter of 2015 totaled $804 million contrast to $805 million in the fourth quarter of 2014 and $795 million in the first quarter of 2014.
Net cash from operating activities totaled $369 million in the first quarter of 2015 contrast to $390 million in the fourth quarter of 2014. Capital expenditures in the first quarter were $89 million and are predictable to decline to about $585 million in 2015 when contrast to an average of about $2.1 billion per year for the last three years. The predictable decline this year in capital expenditures reflects lower expenditures associated with newbuild projects. The Company’s remaining newbuild project, the ultra-high-specification jackup Noble Lloyd Noble, is predictable to be delivered from the shipyard during the second quarter of 2016 and will contribute about $450 million to our 2016 estimated capital expenditures.
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units. As of December 31, 2014, the company operated a fleet of 15 jackups, 9 drillships, and 8 semisubmersibles, counting 1 high-specification, harsh environment jackup under construction. Noble Corporation plc was founded in 1921 and is headquartered in London, United Kingdom.
Finally, Visa Inc. (NYSE:V), lost -0.94% Friday.
Visa, declared financial results for the Company’s fiscal second quarter 2015. Net income for the quarter was $1.6 billion. Earnings per share was $0.63 (adjusted for the Company’s four-for-one class A common stock split on March 19, 2015), flat over the preceding year period and reflective of the one-time favorable tax benefit of $201 million recognized in that period. All references to earnings per share assume fully-diluted class A share count unless otherwise noted.
Net operating revenue in the fiscal second quarter of 2015 was $3.4 billion, an enhance of 8% nominally or 10% on a constant dollar basis over the preceding year, driven by solid growth in service revenues, data processing and international transaction revenues. The strengthening of the U.S. dollar influenced net operating revenues by about 2.5 percentage points of negative growth during the quarter.
Financial Outlook:
Visa Inc. reaffirms its financial outlook for the following metrics for fiscal full-year 2015:
- Annual net revenue growth: Constant dollar revenue growth of low double digits, with an expectation of two percentage points of negative foreign currency impact;
- Client incentives as a percent of gross revenues: 17.5% to 18.5% range;
- Annual operating margin: Mid 60s;
- Tax rate: Low 30s; and
- Annual free cash flow greater than $6 billion.
Visa Inc. updates its financial outlook for the following metric for fiscal full-year 2015:
- Annual diluted class A common stock earnings per share growth: Low-end of the mid-teens range.
Fiscal full-year 2015 annual diluted earnings per share growth assumes an adjusted basis for fiscal full-year 2014.
Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
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