On Friday, Apollo Investment Corp. (NASDAQ:AINV)’s shares declined -1.47% to $6.71.
Apollo Investment Corporation (AINV) declared financial results for its first fiscal quarter ended June 30, 2015. The Company’s net investment income was $0.22 per share for the quarter ended June 30, 2015, contrast to $0.22 for the quarter ended March 31, 2015. The Company’s net asset value (“NAV”) was $8.01 per share as of June 30, 2015, contrast to $8.18, as of March 31, 2015.
Additionally, the Company also declared that its Board of Directors has declared a dividend of $0.20 per share for the first fiscal quarter of 2016, payable on October 6, 2015 to stockholders of record as of September 21, 2015. The specific tax characteristics of this dividend will be stated to stockholders on Form 1099 after the end of the calendar year.
WEC Energy Group Inc (NYSE:WEC)’s shares gained 0.76% to $51.34.
Trillium CNG™, a business unit of WEC Energy Group ( WEC), has signed a letter of agreement to design, build, operate and maintain a compressed natural gas (CNG) fueling station for the Niagara Frontier Transportation Authority (NFTA) in Buffalo, New York. NFTA is the public transit provider serving Erie and Niagara counties in New York.
The new CNG station will be located at the NFTA Frontier Bus Garage at 1000 Military Road in Buffalo. The agreement letter also calls for Trillium CNG to provide station maintenance for ten years. Trillium CNG and NFTA expect to break ground in August with the station fully operational by the end of 2015.
WEC Energy Group, Inc., through its auxiliaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass. The company provides electric utility services to customers in the paper, foundry, food products, and machinery production industries, in addition to the retail chains.
At the end of Friday’s trade, Tribune Media Co (NYSE:TRCO)‘s shares dipped -1.28% to $43.07.
CareerBuilder declared that it has attained a majority stake in Textkernel, a leading-edge software company providing semantic recruitment technology to the global market. The acquisition further supports CareerBuilder’s evolution into an HR software as a service provider and enables Textkernel to accelerate its global growth.
Based in Amsterdam, Textkernel is leading innovation in the field of AI, machine learning and natural language processing in the HR domain. At the core of what Textkernel does is semantic search, which studies the intent and contextual meaning behind words. Employers and job seekers often use different words or phrases to describe the same thing when they type in a search box, write job descriptions or build their resumes/CVs. Textkernel’s advanced technology takes into account language patterns to pinpoint what the user really means in order to provide the best search results.
CareerBuilder works with the world’s top employers, providing job distribution, sourcing, workflow, CRM, data and analytics in one pre-hire platform. Owned by TEGNA Inc. (TGNA), Tribune Media (TRCO) and The McClatchy Company (MNI), CareerBuilder and its auxiliaries operate in the United States, Europe, South America, Canada and Asia. For more information, visit www.careerbuilder.com.
Tribune Media Company, through its auxiliaries, operates as a media and entertainment company in the United States. The company operates through two segments, Television and Entertainment, and Digital and Data. The Television and Entertainment segment provides news, entertainment, and sports programming through Tribune Broadcasting local television stations, counting FOX television associates, CW television associates, CBS television associates, ABC television associates, NBC television associates, and independent television stations; and television series and movies on WGN America, a national general entertainment network.
Trinity Industries Inc (NYSE:TRN), ended its Friday’s trading session with 1.39% gain, and closed at $28.40.
Trinity Industries, Inc. (TRN) declared earnings results for the second quarter ended June 30, 2015, counting the following noteworthy highlights:
- Second quarter earnings per common diluted share of $1.33 contrast to $1.01 for the second quarter of 2014, a 32% enhance year-over-year.
- Quarterly revenue and net income of $1.68 billion and $212.0 million, respectively, a year-over-year enhance of 13% and 29%, respectively.
- Rail and Inland Barge Groups stated record operating profit during the second quarter.
- Rail Group delivered 8,530 railcars and received orders for 11,170 new railcars during the second quarter, increasing its backlog to $6.90 billion.
- Structural wind towers business received orders totaling $183.9 million, increasing its backlog to $502.6 million.
- Company raised earnings guidance for full year 2015 to between $4.45 and $4.75 per common diluted share contrast to previous guidance of between $4.10 and $4.45 per share.
Business Group Results
In the second quarter of 2015, the Rail Group stated revenues and record operating profit of about $1.11 billion and $227.7 million, respectively, resulting in year-over-year enhances contrast to the second quarter of 2014 of 24% and 29%, respectively. The enhances in revenues and profit were due primarily to higher deliveries, improved pricing, and raised operating efficiencies partially offset by product mix changes. The Rail Group shipped 8,530 railcars and received orders for 11,170 railcars during the second quarter. The Rail Group had a backlog of $6.90 billion as of June 30, 2015, representing 59,830 railcars, contrast to a backlog of $6.81 billion as of March 31, 2015, representing 57,190 railcars.
Trinity Industries, Inc. provides various products and services for the energy, transportation, chemical, and construction sectors in the United States and internationally. Its Rail Group segment offers railcars, counting autorack, box, covered hopper, gondola, intermodal, tank, and open hopper cars; and couplers, axles, and other equipment, in addition to railcar maintenance services. This segment serves railroads, leasing companies, and industrial shippers of various products.
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