On Tuesday, Cloud Peak Energy Inc. (NYSE:CLD)’s shares inclined 7.34% to $3.51.
Cloud Peak Energy Inc. (CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, declared second quarter 2015 shipments and updated its annual Adjusted EBITDA guidance. Results for the second quarter and first six months of 2015 are expected to be announced on July 29, 2015.
Second quarter 2015 shipments from the Company’s three mines were 16.0 million tons compared to 20.6 million tons in the second quarter of 2014. For the full year 2015, the Company now expects shipments to be between 74 and 78 million tons.
Cloud Peak Energy Inc., through its auxiliaries, produces coal in the Powder River Basin (PRB) and the United States. The company operates through Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other segments. It produces and sells sub-bituminous thermal coal with low sulfur content primarily to electric utilities operating in the United States and internationally.
Prologis Inc (NYSE:PLD)’s shares gained 1.03% to $40.36.
Prologis, Inc. (PLD), the global leader in industrial real estate, recently stated results for the second quarter of 2015 and declared that its Board of Directors has approved a quarterly dividend enhance, raising the company’s annualized dividend level by 11 percent to $1.60 per share of common stock.
Core funds from operations (Core FFO) per diluted share was $0.52 for the second quarter contrast with $0.48 for the same period in 2014, an enhance of 8 percent.
OPERATING FUNDAMENTALS GAIN MOMENTUM
Prologis ended the quarter with 95.4 percent occupancy in its operating portfolio, an enhance of 80 basis points over the same period in 2014. Not taking into account the KTR assets, the company ended the quarter with 95.6 percent occupancy in its operating portfolio. Prologis leased a record 44.6 million square feet (4.1 million square meters) in its combined operating and development portfolios. Tenant retention was 79.0 percent.
GAAP rental rates on signed leases during the quarter raised a record 14.4 percent from preceding rents. The Americas region led the quarterly enhance at 20.6 percent (U.S. at 21.9 percent), followed by Europe at 4.4 percent and Asia at 2.0 percent. Prologis’ share of same store NOI raised 5.9 percent on a GAAP basis and 5.2 percent on an adjusted cash basis.
Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, administration, and leasing of industrial distribution and retail properties. It was formerly known as Security Capital Investment Trust. Prologis Inc. was formed in 1991 and is based in San Francisco, California with an additional office in Denver, Colorado.
At the end of Tuesday’s trade, Marsh & McLennan Companies, Inc. (NYSE:MMC)‘s shares dipped -1.21% to $57.37.
Mercer declared Denise LaForte joins its Talent business as North American HR Transformation Practice Leader. In her new role, Ms. LaForte will be responsible for leading the growth of the firm’s HR Transformation Practice by delivering integrated HR transformation solutions counting HR strategy, HR service delivery, and broad planned change administration to improve the performance and outcomes of clients’ HR functions. Additionally, she will work closely with Mercer’s Workday practice to link full scale implementation capabilities to these transformation solutions.
Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions primarily in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services; and Consulting. The Risk and Insurance Services segment offers risk administration services, such as risk advice, risk transfer, risk control, and mitigation solutions, in addition to insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services.
Horizon Pharma PLC (NASDAQ:HZNP), ended its Tuesdays trading session with 6.06% gain, and closed at $38.32.
Horizon Pharma PLC (HZNP) pulled back from all-time highs this week, but traders are buying more time for shares to resume their monster rally.
optionMONSTER’s Heat Seeker system detected the sale off 5,000 June 30 calls for $1.40 and the purchase of 5,000 July 32 calls for the ask price of $1.50. Volume was below previous open interest in the near-term contracts, indicating that a long position was rolled forward.
The trader is closing the June contracts, which expire at the end of next week, and paying a net $0.10 to stay in the trade for another month at a higher strike price. The new long calls, which lock in the purchase price of the stock and can provide noteworthy leverage, are looking for shares to rally by expiration in mid-July.
Horizon Pharma plc, a specialty biopharmaceutical company, engages in identifying, developing, acquiring or in-licensing, and commercializing medicines for the treatment of arthritis, pain, inflammatory, and/or orphan diseases in the United States and internationally.
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