On Monday, Brookfield Asset Administration Inc (NYSE:BAM)’s shares inclined 0.64% to $34.73.
Brookfield Asset Administration Inc. (BAM) declared it has received approval from the Toronto Stock Exchange (“TSX”) for its projected normal course issuer bid to purchase up to 10% of the public float of each series of the company’s outstanding Class A Preference Shares, not taking into account the Series 14 Class A Preference Shares, that are listed on the TSX (the “Preferred Shares”). Purchases under the bid will be made through the facilities of the TSX. The period of the normal course issuer bid will extend from August 12, 2015 to August 11, 2016, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Preferred Shares purchased. All Preferred Shares attained by Brookfield under this bid will be cancelled. Brookfield has not repurchased any Preferred Shares in the past 12 months.
Brookfield Asset Administration Inc. (Brookfield) is a global alternative asset manager. The Company owns and operates assets with a focus on property, renewable energy, infrastructure and private equity. The Company operates in eight segments: Asset Administration, property, renewable energy, infrastructure, private equity, residential development, service activities and corporate activities. Brookfield manages a range of investment funds and other entities that enable institutional and retail clients to invest in these assets.
Ion Geophysical Corp (NYSE:IO)’s shares gained 3.28% to $0.630.
ION Geophysical Corporation (IO) declared the availability of fast-track pre-stack time migrated (PSTM) data from the first phase of its MexicoSPAN™ program. Presently being attained, phase one encompasses more than 22,000 km of deep-imaged two-dimensional (2D) seismic data. Fast-track data delivery is being precedingitized to coincide with the remaining lease sale of Mexico’s Round 1 bid round.
Combined with ION’s YucatanSPAN™, GulfSPAN™ and FloridaSPAN™ programs, MexicoSPAN will deliver the industry’s only complete, basin-wide regional view of the Gulf of Mexico. For the first time, explorationists will be able to fully integrate seismic, well and even outcrop information from onshore U.S. to the Deepwater Gulf.
ION Geophysical Corporation provides geoscience technology, services, and solutions for the oil and gas industry worldwide. It operates through four segments: Solutions, Systems, Software, and Ocean Bottom Services. The Solutions segment offers seismic data services, counting survey planning and design, data acquisition, data processing and interpretation, subsurface imaging, and reservoir characterization services. This segment also provides data processing and imaging services to assist its exploration and production customers for reducing exploration and production risk, evaluating and developing reservoirs, and enhancing production.
At the end of Monday’s trade, Siliconware Precision Industries (ADR) (NASDAQ:SPIL)‘s shares surged 2.45% to $5.43.
Siliconware Precision Industries Co., Ltd. ( SPIL) declared that its merged sales revenues for the second quarter of 2015 were NT$ 21,240 million, which represented a 2.1% growth in revenues contrast to the first quarter of 2015 and a 3.1% decline in revenues contrast to the second quarter of 2014. SPIL stated a net income of NT$ 3,677 million for the second quarter of 2015, contrast with a net income of NT$ 2,615 million and a net income of NT$ 3,375 million for the first quarter of 2015 and the second quarter of 2014, respectively.
Basic earnings per share for this quarter was NT$ 1.18, and diluted earnings per ordinary share was NT$ 0.93. Basic earnings per ADS for this quarter was US$ 0.19, and diluted earnings per ADS was US$ 0.15.
All figures were prepared in accordance with T-IFRS on a merged basis.
Operating results review:
- For the second quarter of 2015, net revenues from IC packaging were NT$ 18,726 million and represented 88% of total net revenues. Net revenues from testing operations were NT$ 2,514 million and represented 12% of total net revenues.
- Cost of goods sold was NT$ 15,459 million, representing an enhance of 0.7% contrast to the first quarter of 2015 and a decrease of 4.9% contrast to the second quarter of 2014.
- Raw materials costs were NT$ 6,704 million for the second quarter of 2015 and represented 31.6% of total net revenues, whereas raw materials costs were NT$ 6,768 million and represented 32.5% of total net revenues for the first quarter of 2015.
- The accrued expenses of bonuses to employees accounted for under cost of goods sold totaled NT$ 258 million
- Gross profit was NT$ 5,781 million for the second quarter of 2015, representing a gross margin of 27.2%, which raised from a gross margin of 26.2% for the first quarter of 2015 and was up from 25.8% for the second quarter of 2014.
- Total operating expenses for the second quarter of 2015 were NT$ 2,185 million, which comprised of selling expenses of NT$ 260 million, administrative expenses of NT$ 941 million and R&D expenses of NT$ 984 million. Total operating expenses represented 10.3% of total net revenues for the second quarter of 2015.
Siliconware Precision Industries Co., Ltd. provides semiconductor packaging and testing services to semiconductor suppliers worldwide. Its packaging and testing solutions comprise advanced packages, substrate packages, and lead-frame packages, in addition to testing for logic and mixed signal devices to measure and ensure the performance, functionality, and reliability of packaged semiconductor devices.
Advanced Semiconductor Engineering (ADR) (NYSE:ASX), ended its Monday’s trading session with 1.74% gain, and closed at $5.18.
Advanced Semiconductor Engineering, Inc. (ASX) the world’s largest independent provider of packaging and testing services, recently stated unaudited net revenues[1] of NT$70,222 million for the second quarter of 2015 (2Q15), up by 20% year-over-year and up by 9% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT$3,652 million, down from a net income attributable to shareholders of the parent of NT$5,106 million in 2Q14 and down from a net income attributable to shareholders of the parent of NT$4,469 million in 1Q15. Basic earnings per share for the quarter were NT$0.48 (or US$0.077 per ADS), contrast to basic earnings per share of NT$0.66 for 2Q14 and NT$0.58 for 1Q15. Diluted earnings per share for the quarter were NT$0.43 (or US$0.070 per ADS), contrast to diluted earnings per share of NT$0.65 for 2Q14 and NT$0.56 for 1Q15.
Advanced Semiconductor Engineering, Inc. provides semiconductor packaging and testing services in the United States, Taiwan, Asia, Europe, and internationally. It operates through Packaging, Testing, and Electronic Manufacturing Services (EMS) segments.
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