On Friday, LendingClub Corp (NYSE:LC)’s shares declined -0.78% to $13.92.
Lending Club (LC) declared that Sandeep Bhandari, Assistant Chief Credit Officer at Capital One Bank (Credit Risk Administration) and Venture Partner (Capital One Ventures), will join Lending Club as Chief Credit Officer on August 24.
Bhandari will assume responsibility for credit risk administration across all products, replacing in that capacity Lending Club Chief Risk Officer Chaomei Chen, who will be retiring at the end of this year.
LendingClub Corporation operates as an online marketplace for connecting borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, counting unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans.
Nielsen NV (NYSE:NLSN)’s shares dropped -0.21% to $46.45.
Nielsen N.V. (NLSN) declared second quarter 2015 results. Revenues were $1,559 million for the second quarter of 2015, down 2.2% due to the impact of foreign exchange, but up 4.8% on a constant currency basis, contrast to the second quarter of 2014.
Adjusted EBITDA for the second quarter raised 1.7% to $468 million, or 7.3% on a constant currency basis contrast to the second quarter of 2014. As a percentage of revenues, adjusted EBITDA grew 116 basis points, or 72 basis points on a constant currency basis, due to the accretive impact of our investments in coverage and analytics capabilities and the benefit of our ongoing productivity initiatives.
Income from ongoing operations for the second quarter raised 52.6% to $116 million, an enhance of 103.5% on a constant currency basis, contrast to the second quarter of 2014. The year over year enhance is largely driven by fees associated with refinancing during the second quarter of 2014, which were not incurred in the second quarter of 2015, and the benefit of ongoing productivity initiatives. Income from ongoing operations per share, on a diluted basis, was $0.31 contrast to $0.19 in the second quarter of 2014.
Nielsen N.V. operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch and listen. Its Buy segment provides data on retail measurement services, such as market share and competitive sales volumes; insights into distribution, pricing, merchandising, and promotion; consumer panel measurement, which offers insight into shopper behavior and customer segmentation; and consumer intelligence and analytical services for decision making in development and marketing cycles.
At the end of Friday’s trade, ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS)‘s shares dipped -1.97% to $49.74.
Isis Pharmaceuticals, Inc. (ISIS) stated net income of $35.6 million and $18.9 million for the three and six months ended June 30, 2015, respectively, contrast to a net loss of $12.1 million and $43.4 million for the same periods in 2014. Isis’ significantly improved financial results were driven primarily by the more than $90 million of revenue Isis earned in the second quarter related to the upfront payment from Bayer to license ISIS-FXIRx. Isis raised its cash position during the first half of 2015, ending June with more than $750 million in cash contrast to about $730 million at December 31, 2014. The enhance in the Company’s cash position was primarily due to the more than $165 million in cash received from its partners in the first half of 2015.
Isis Pharmaceuticals, Inc. engages in the discovery and development of antisense drugs using novel drug discovery platform. The company’s flagship product comprises the KYNAMRO injection, which is an apo-B synthesis inhibitor for patients with homozygous familial hypercholesterolemia; and for the reduction of low-density lipoprotein cholesterol.
Boulder Brands Inc (NASDAQ:BDBD), ended its Friday’s trading session with 4.88% gain, and closed at $9.25.
Boulder Brands, Inc. (BDBD) declared its financial results for the second quarter ended June 30, 2015. For the second quarter of 2015 contrast to the equivalent period of 2014:
- Net sales reduced 10.4% to $117.7 million, operating loss was $(6.9) million, non-GAAP operating income reduced 56.3% to $4.1 million, and adjusted EBITDA reduced 33.4% to $11.7 million.
- Not taking into account certain reserves for Level Life Foods, non-GAAP net sales reduced 9.1% to $119.3 million.
- Consumption, defined as sell-through at all channels, declined 1.1% in the second quarter.
- GAAP loss per share for the second quarter of 2015 was $(0.05), contrast to diluted earnings per share of $0.04 in last year`s second quarter.
- Not taking into account certain items, non-GAAP diluted earnings per share for the second quarter of 2015 were $0.00, as contrast to $0.05 in last year`s second quarter.
Boulder Brands Inc. provides health and wellness food solutions in the United States and Canada. The company operates in two segments, Natural and Balance. The Natural segment provides gluten free bread and baked goods, and frozen pizza and granola under the Udi’s brand name; shelf stable and frozen gluten free products, counting snack foods, frozen baked goods, and baking mixes under the Glutino brand name; and burritos, meals, and quesadillas under the EVOL brand name.
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.
