On Tuesday, Lions Gate Entertainment Corp. (USA) (NYSE:LGF)’s shares inclined 0.59% to $35.58.
In a move reflecting the continued growth of the Lionsgate (LGF) Motion Picture Group, producer Bobby Cohen and Lionsgate production executive Gillian Bohrer (the Twilight and Divergent franchises, Warm Bodies) have been named Co-Presidents of Production for the Lionsgate label.
Veteran Lionsgate film executive Mike Paseornek has been named to the newly-created role of President of Production for the entire Lionsgate Motion Picture Group, overseeing production of films encompassed by the Company’s expanding array of labels. Geoff Shaevitz remains President of Production for Summit Entertainment, and Director of Development James Myers has been promoted to Vice President of Production for the Summit label under Mr. Shaevitz. Messrs. Cohen, Shaevitz and Paseornek and Ms. Bohrer all report directly to Lionsgate Motion Picture Group Co-President Erik Feig .
Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, channel platforms, and international distribution and sales activities. The company operates through two segments, Motion Pictures and Television Production.
Republic Services, Inc. (NYSE:RSG)’s shares gained 0.18% to $40.03.
Republic Services, Inc. (NYSE:RSG) declared that it will release its second quarter 2015 financial results on Thursday, July 23, 2015, and will host an investor conference call at 5 p.m. ET. A live audio webcast of the conference call can be accessed by logging onto the Company`s Investor Relations page on republicservices.com or listeners may access the call by dialing 800-369-3117 or 210-234-0084, passcode “Republic Services.”
Republic Services, Inc., together with its auxiliaries, provides non-hazardous solid waste collection, transfer, recycling, and disposal services for commercial, industrial, municipal, and residential customers in the United States. It operates through three segments: East, Central, and West.
At the end of Tuesday’s trade, Amgen, Inc. (NASDAQ:AMGN)‘s shares dipped -1.07% to $154.80.
Amgen, Inc. (AMGN) will present at the Goldman Sachs Global Healthcare Conference at 8:40 a.m. PT on Thursday, June 11, 2015, at the Terranea Resort in Rancho Palos Verdes, Calif. Sean E. Harper, executive vice president of Research and Development at Amgen, will present at the conference. Live audio of the presentation can be accessed from the Events Calendar on Amgen’s website, www.amgen.com, under Investors. A replay of the webcast will also be accessible on Amgen’s website for 90 days following the event.
Amgen Inc., a biotechnology company, discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses for the treatment of illness in the areas of oncology, hematology, inflammation, bone health, nephrology, cardiovascular, and general medicine.
Mobile TeleSystems OJSC (ADR) (NYSE:MBT), ended its Tuesday’s trading session with -0.42% loss, and closed at $9.45.
Mobile TeleSystems OJSC (ADR) (MBT) declared its unaudited IFRS financial results for the three months ended March 31, 2015.
Key Financial Highlights of Q1 2015
- Merged group revenue raised 2.7% y-o-y to RUB 100.2 bln.
- Total revenue in Russia raised 3.6% y-o-y to RUB 90.4 bln.
- Mobile service revenue in Russia improved 3.9% y-o-y to RUB 70.5 billion.
- Data traffic revenue in Russia grew 26.0% y-o-y to RUB 18.1 bln.
- Handset sales raised 1.2% y-o-y to RUB 6.3 bln.
- Group Adjusted OBDA down 2.0% to RUB 41.3 bln.
- OIBDA in Russia raised 0.9% y-o-y to RUB 38.2 bln.
Key Corporate and Industry Highlights
- Won a tender for a nationwide license for the provision of 3G telecommunications services in the 1950-1965 MHz/2140-2155 MHz in Ukraine. The cost of the license amounted to UAH 2.7 bln.
- Launched LTE network in the 1800 MHz range in Moscow and LTE network in the 800 MHz range throughout the Moscow region.
- Launched LTE network in the 1800 MHz range in Saint Petersburg and the Leningrad Region.
- Launched LTE network in the 1800 MHz range in the Krasnodar region in southern Russia.
- Annual dividend recommendation by the MTS Board of RUB 19.56 per ordinary MTS share (RUB 39.12 per ADR), or a total of RUB 40.419 bln based on the full-year 2014 financial results, upon acceptance by the AGM and completion of this payment, MTS will have paid out up to RUB 53.2 bln rubles based on fiscal year 2014 financial results.
- Signed a USD 200 mln equivalent term loan facility agreement with China Development Bank Corporation (“CDB”) in renminbi and US dollars.
Mr. Alexey Kornya stated that At MTS they have long considered dividends to be a key commitment to their shareholders. This is both a reflection of the strong market, in which they operate, and prudent administration of their business. They are happy that the results of 2014 will allow them to pay out the largest dividend in their history; for the Fiscal Year 2014, MTS will have paid out 53.2 billion rubles. Most importantly, this sum is derived from their free cash flow, which does not require them to resort to outside funding to finance this payment. Unlike some, our view is that a dividend story is best preserved by paying one. And in that respect in April, the Board recommended to the AGM to be held on June 25, 2015, to approve annual dividends of 19.56 rubles per ordinary MTS share, or a total of 40.4 billion rubles, based on the full-year 2014 financial results.
Mobile TeleSystems OJSC provides telecommunication services in Russia and the Commonwealth of Independent States. The company offers a range of mobile and fixed line voice and data telecommunications services, including data transfer, broadband, pay-TV, and various value-added services, as well as sells equipment and accessories.
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.
