On Wednesday, Apple Inc. (NASDAQ:AAPL)’s shares inclined 0.66% to $115.40.
The Board of Directors of The Macerich Company (MAC) declared a quarterly cash dividend of $.65 per share of common stock. The dividend is payable on September 8, 2015 to stockholders of record at the close of business on August 20, 2015.
Macerich, an S&P 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, administration, development and redevelopment of regional malls throughout the United States.
The Macerich Company is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in acquisition, ownership, development, redevelopment, administration and leasing of regional and community shopping centers located throughout the United States.
Canadian Pacific Railway Limited (USA) (NYSE:CP)’s shares dropped -0.23% to $158.45.
Canadian Pacific met with officials from the City of Vancouver to talk about CP’s operating plan for the Arbutus corridor rail line.
The corridor, which runs from False Creek to the Fraser River in Vancouver , is the property of CP and zoned by the city for transportation. CP has upgraded its track and land and is working with Transport Canada on the timely resumption of safe operations.
The company has advised local residents, schools and businesses that the line will soon be used to store railcars, which will improve efficiency and fluidity elsewhere on the network. In the interest of public safety, CP reminds residents, pedestrians and cyclists to stay clear of the right-of-way as train movements can occur at any time of the day or night.
Canadian Pacific Railway Limited, through its auxiliaries, operates a transcontinental railway in Canada and the United States. The company provides logistics and supply chain expertise services. It transports bulk commodities, counting grain, coal, fertilizers, and sulphur; and intermodal traffic comprising retail goods in overseas containers that can be transported by train, ship, and truck, in addition to in domestic containers and trailers that can be moved by train and truck.
At the end of Wednesday’s trade, Flotek Industries Inc (NYSE:FTK)‘s shares surged 1.00% to $17.21.
Flotek Industries, Inc. (FTK) declared results for the three months ended June 30, 2015.
As stated on Form 10-Q filed with the U.S. Securities and Exchange Commission, Flotek stated that revenue for the three months ended June 30, 2015, was $87.0 million contrast to $105.3 million for the three months ended June 30, 2014 and $82.4 million for the first quarter of 2015. Second quarter, 2015 revenue raised 5.6% sequentially but reduced 17.4% when contrast to the same period in 2014. The decrease in year-over-year revenue was driven by the steep decline in oilfield activity; however, the enhance in sequential revenue was driven almost entirely by raised sales of Flotek’s Complex nano-Fluid® completion chemistries as the Company’s marketing campaign and new direct distribution model offered noteworthy revenue opportunities during the quarter.
For the three months ended June 30, 2015, the Company stated net income (not taking into account non-cash charges) of $1.1 million, or $0.02 per common share (fully diluted), contrast to net income of $11.0 million, or $0.20 per common share (fully diluted) for the same period in 2014 and a net loss of $1.5 million or $0.03 per common share (fully diluted) in the first quarter of this year.
Flotek Industries, Inc. develops and supplies oilfield products, services, and equipment to the oil, gas, and mining industries in the United States and internationally. Its Energy Chemical Technologies segment designs, develops, manufactures, packages, and markets specialty chemicals used in oil and gas well drilling, cementing, completion, stimulation, and production. This segment also constructs and manages automated material handling facilities; and manages loading facilities and blending operations for oilfield services companies.
LKQ Corporation (NASDAQ:LKQ), ended its Wednesday’s trading session with 0.09% gain, and closed at $31.75.
LKQ Corporation (LKQ) has again been named to the Fortune 500 list, Fortune magazine’s annual ranking of America’s largest companies by revenue. LKQ had 2014 total revenue of $6.7 billion. Fortune magazine ranked LKQ No. 403 on its list contrast to No. 490 last year.
LKQ Corporation, together with its auxiliaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in the United States, the United Kingdom, the Netherlands, Belgium, Northern France, Canada, Mexico, and Central America. The company operates in four segments: Wholesale North America, Wholesale Europe, Self Service, and Specialty. It distributes various products, counting aftermarket collision and mechanical products; recycled collision and mechanical products; and refurbished collision replacement products, such as wheels, bumper covers and lights, and remanufactured engines.
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