On Wednesday, Alaska Air Group, Inc. (NYSE:ALK)’s shares inclined 0.62% to $74.78.
Air Group, Inc. (ALK), stated second quarter 2015 GAAP net income of $234 million, or $1.79 per diluted share, contrast to $165 million, or $1.19 per diluted share in the second quarter of 2014. Not taking into account the impact of mark-to-market fuel hedge adjustments of $6 million ($4 million after tax, or $0.03 per diluted share), the company stated record adjusted net income of $230 million, or $1.76 per diluted share, contrast to adjusted net income of $157 million, or $1.13 per diluted share, in 2014.
Alaska Air Group, Inc., through its auxiliaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through Alaska Mainline and Alaska Regional segments. It serves about 100 cities in Alaska, the Lower 48, Hawaii, Canada, and Mexico. As of December 31, 2014, the company’s fleet comprised of 137 Boeing 737 jet aircraft; and 51 Bombardier Q400 turboprop aircraft. The company was founded in 1932 and is based in Seattle, Washington.
Westar Energy Inc (NYSE:WR)’s shares gained 1.18% to $36.90.
Westar Energy, Inc. (WR) plans to release 2nd quarter 2015 earnings after market close. On Wednesday, Aug. 5, 2015, the company plans to host its quarterly conference call and audio webcast to talk about the operating results.
Westar Energy, Inc., an electric utility company, generates, transmits, and distributes electricity in Kansas. The company has 7,200 megawatts of electric generation capacity producing electricity through various fuel types, counting coal, uranium, natural gas, diesel, wind, and landfill gas. It sells electricity retail to residential, commercial, and industrial customers, in addition to for lighting public streets and highways; and electricity wholesale to electric cooperatives, municipalities, other electric utilities, and regional transmission organizations.
At the end of Wednesday’s trade, UTi Worldwide Inc. (NASDAQ:UTIW)‘s shares surged 3.79% to $8.50.
UTi Worldwide Inc. (UTIW) stated financial results for its fiscal 2016 first quarter ended April 30, 2015.
Fiscal First Quarter 2016 vs. Fiscal First Quarter 2015 Results
- Revenues reduced 6.8% to $973.3 million from $1,043.9 million
- Net revenues (revenues minus purchased transportation costs) reduced 10.8% to $329.5 million from $369.4 million
- On a constant currency basis, revenues raised 0.7% and net revenues reduced 3.1%, respectively
- Net loss attributable to UTi Worldwide Inc. reduced to $33.3 million from $43.7 million
- Diluted loss per share reduced to $0.35 from $0.44 per diluted common share
- Earnings before interest, taxes, depreciation and amortization, not taking into account severance and other items set out in the reconciliation comprised of with this press release (Adjusted EBITDA), reduced to $8.0 million from $18.2 million
Fiscal First Quarter 2016 vs. Fiscal Fourth Quarter 2015 Results
- Revenues raised 0.9% to $973.3 million from $964.6 million
- Net revenues raised 5.5% to $329.5 million from $312.2 million
- On a constant currency basis, revenues and net revenues raised 4.1% and 9.1%, respectively
UTi Worldwide Inc. operates as a non-asset-based supply chain services and solutions company. It operates through two segments, Freight Forwarding, and Contract Logistics and Distribution.
Stag Industrial Inc (NYSE:STAG), ended its Wednesday’s trading session with 3.51% gain, and closed at $19.04.
Stag Industrial Inc (STAG) a real estate investment trust (REIT) focused on the acquisition and operation of single-tenant, industrial properties throughout the United States, announced today that it has signed a renewal and expansion lease for a total of 220,000 square feet at a distribution warehouse building located in LaGrange, GA. The lease was signed by a manufacturer of modular carpet and floor covering for a term of 3 years.
The Company will provide further detail on the leases signed in the month and quarter in its regular, monthly acquisition and leasing press releases and in its quarterly and annual earnings press releases and forms 10-Q and 10-K.
STAG Industrial, Inc. is a real estate investment trust. The firm invests in the real estate markets of United States. It is engaged in investment and administration of real estate assets. STAG Industrial, Inc. was founded on July 21, 2010 and is based in Boston, Massachusetts.
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