On Thursday, Raytheon Company (NYSE:RTN)’s shares inclined 0.59% to $109.84.
Raytheon Company (RTN) declared net sales for the second quarter 2015 were $5.8 billion contrast to $5.7 billion in the second quarter 2014. Second quarter 2015 EPS from ongoing operations was $1.65 contrast to $1.59 in the second quarter 2014. Second quarter 2015 EPS from ongoing operations comprised of a favorable FAS/CAS Adjustment of $0.10 contrast to a favorable FAS/CAS Adjustment of $0.18 in the second quarter 2014. In addition, second quarter 2015 EPS from ongoing operations comprised of, as predictable, a $0.29 favorable impact from a tax settlement.
The Company had bookings of $7.6 billion in the second quarter 2015, resulting in a book-to-bill ratio of 1.30. In the second quarter 2014, bookings were $6.8 billion. Year-to-date 2015 bookings were $12.1 billion, resulting in a book-to-bill ratio of 1.08. Year-to-date 2014 bookings were $11.1 billion.
Raytheon Company develops integrated products, services, and solutions in the areas of sensing; effects; command, control, communications, and intelligence; mission support; and cyber and information security worldwide. It operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); and Space and Airborne Systems (SAS). The IDS segment provides integrated air and missile defense; radar solutions; naval combat and ship electronic systems; command, control, communications, computers, and intelligence solutions; and air traffic administration systems.
Carter’s, Inc. (NYSE:CRI)’s shares dropped -1.02% to $100.42.
arter’s, Inc. (CRI), the largest branded marketer in the United States and Canada of apparel exclusively for babies and young children, recently stated its second quarter fiscal 2015 results.
Merged Results
Second Quarter of Fiscal 2015 contrast to Second Quarter of Fiscal 2014
Merged net sales raised $38.7 million, or 6.7%, to $612.8 million, reflecting growth in all business segments. Changes in foreign currency exchange rates in the second quarter of fiscal 2015 as contrast to the second quarter of fiscal 2014 negatively influenced merged net sales in the second quarter of fiscal 2015 by $5.6 million, or 1.0%. On a constant currency basis, merged net sales raised 7.7% in the second quarter of fiscal 2015.
Operating income in the second quarter of fiscal 2015 raised $14.6 million, or 30.8%, to $62.0 million, contrast to $47.3 million in the second quarter of fiscal 2014. Operating margin in the second quarter of fiscal 2015 raised 190 basis points to 10.1%, contrast to 8.2% in the second quarter of fiscal 2014. Adjusted operating income (a non-GAAP measure) in the second quarter of fiscal 2015 raised $6.6 million, or 11.2%, to $65.4 million, contrast to $58.8 million in the second quarter of fiscal 2014. Adjusted operating margin (a non-GAAP measure) in the second quarter of fiscal 2015 raised 50 basis points to 10.7%, contrast to 10.2% in the second quarter of fiscal 2014, principally driven by expense leverage.
Carter’s s, Inc. and its auxiliaries design, source, and market branded childrenswear under the Carter’s s, Child of Mine, Just One You, Precious Firsts, OshKosh, and other brands. The company operates through five segments: Carter’s Retail, Carter Carter’s s Wholesale, OshKosh Retail, OshKosh Wholesale, and International. Its Carter’s s products comprise baby products, such as bodysuits, pants, dresses, three piece sets, receiving blankets, layette gowns, bibs, caps, and booties; play clothes products comprising knit and woven cotton apparel; sleepwear products comprising of pajamas and blanket sleepers; and other products counting bedding, outerwear, swimwear, shoes, socks, diaper bags, gift sets, toys, and hair accessories for sizes newborn to eight.
At the end of Thursday’s trade, International Paper Co (NYSE:IP)‘s shares surged 1.02% to $47.74.
International Paper (IP) declared a quarterly dividend of $0.40 per share for the period from July 1, 2015, to September 30, 2015, inclusive, on its common stock, par value $1.00. This dividend is payable on September 15, 2015, to holders of record at the close of business on August 14, 2015.
International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging.
Stanley Black & Decker, Inc. (NYSE:SWK), ended its Thursday’s trading session with -3.38% loss, and closed at $104.51.
Skyworks Solutions Inc (SWKS) declared that its Board of Directors has declared a cash dividend of $0.26 per share of the Company’s common stock, representing a 100 percent enhance from the prior quarterly dividend of $0.13 per share. Based on the closing price of Skyworks’ stock on June 17, 2015, the raised dividend represents roughly a one percent yield, or $1.04 per share on an annualized basis. The dividend is payable on August 27, 2015, to stockholders of record as of the close of business on August 6, 2015.
Skyworks Solutions, Inc., together with its auxiliaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide. Its product portfolio comprises amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, filters, front-end modules, hybrids, infrastructure radio frequency subsystems, isolators, LED drivers, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops/synthesizers/VCOs, power dividers/combiners, power administration devices, receivers, switches, technical ceramics, and voltage regulators.
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