On Friday, Hartford Financial Services Group Inc (NYSE:HIG)’s shares declined -3.55% to $46.74.
The Hartford has expanded its management and professional liability insurance for asset management firms with a blended liability policy offering new and extended coverage to address key cyber and regulatory risks.
Designed for firms of all sizes, The Hartford’s Asset Administration ChoiceSM Policy offers asset managers the opportunity to tailor coverage based on their specific needs. Coverage options comprise protection for directors and officers; investment advisor professional services; employment practices liability; private and registered funds; fiduciary and cyber liability; and kidnap & ransom, with new and expanded coverage1 to assist address:
- Network security liability;
- First party expenses related to network security risks, counting breach-related notification costs;
- Crisis administration services;
- Expenses related to cooperation with regulatory investigations;
- Expenses incurred to comply with regulations governing the recovery of erroneously awarded compensation2;
The Hartford Financial Services Group, Inc., through its auxiliaries, provides insurance and financial services to individual and business customers primarily in the United States. The company’s Commercial Lines segment offers workers compensation, property, automobile, marine, umbrella, liability, and livestock coverages, in addition to customized insurance products and risk administration services, counting professional liability, bond, and specialty casualty coverages.
Discovery Communications Inc. (NASDAQ:DISCK)’s shares dropped -1.07% to $25.99.
Discovery Communications, Inc. (DISCK) Reports Second Quarter 2015 Results
Second Quarter 2015 Financial Highlights:
- Revenues raised 3% to $1,654 million (raised 11% not taking into account currency effects)
- Adjusted OIBDA reduced 2% to $680 million (raised 6% not taking into account currency effects)
- Adjusted EPS reduced 16% to $0.49 (raised 4% not taking into account currency effects)
- Repurchased $207 million worth of stock
Second Quarter Results
Second quarter revenues of $1,654 million raised $44 million, or 3%, over the second quarter a year ago, led by 5% growth at U.S. Netoperates and 1% growth at International Netoperates. Adjusted Operating Income Before Depreciation and Amortization(1) (“OIBDA”) reduced 2% to $680 million, as 7% growth at U.S. Netoperates was more than offset by an 11% decline at International Netoperates and a small operating loss at Education and Other. Total Company revenues grew 11% and Adjusted OIBDA grew 6% not taking into account currency effects, as changes in foreign currency exchange rates reduced both second quarter revenue and Adjusted OIBDA growth by 8%. Not taking into account currency effects, the impact of Eurosport(2) and the consolidation of Discovery Family, total Company revenues raised 4% and Adjusted OIBDA raised 3%.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Netoperates; International Netoperates; and Education and Other segments. It owns and operates television netoperates under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.
At the end of Friday’s trade, News Corp(NASDAQ:NWSA)‘s shares dipped -2.45% to $13.91.
News America Marketing declared that Checkout 51, their newly attained mobile savings app has won Juniper Research’s Future Digital Award for Best Platform for Mobile Coupons, beating out a number of influential industry players for the title. Checkout 51 enables consumers to browse weekly discount offers on a wide range of grocery items and then redeem the offers post-purchase by taking a photo of their receipt.
The Future Digital Awards are awarded annually by Juniper Research – a company that specializes in identifying and appraising high growth market sectors within the digital ecosystem – to companies that have an unrivaled position in their sector, and are poised to make considerable industry impact. Checkout 51 was recognized for its unique cross-retailer, SKU-level grocery purchase data which is tied to individual consumers via their grocery receipts. The data allows Checkout 51 to provide consumers with offers that are relevant to them based on their shopping history, and gives brands actionable insights to maximize performance and budget; something Juniper Research recognized as unparalleled in the current mobile savings space.
News Corporation, a media and information services company, focuses on creating and distributing content to consumers and businesses worldwide. The company distributes content and data products, such as The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron’s, MarketWatch, Dow Jones Private Markets, and DJX through various media channels, counting newspapers, newswires, Websites, newsletters, magazines, proprietary databases, conferences, and video, in addition to applications for mobile devices, tablets, and electronic readers. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers, counting The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, The Sun, The Times, The Sunday Times, and The New York Post, in addition to digital mastheads and other Websites; and provides coupon promotions, advertising programs, special offers, and other direct consumer marketing solutions to consumer packaged goods advertisers.
Huntsman Corporation(NYSE:HUN), ended its Friday’s trading session with -2.36% loss, and closed at $16.17.
Huntsman Corporation (HUN) declared that the company’s board of directors has declared a $0.125 per share cash dividend on its common stock.
The dividend is payable on September 30, 2015, to stockholders of record as of September 15, 2015.
Huntsman Corporation, together with its auxiliaries, manufactures and sells differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives. The Polyurethanes segment offers polyurethane chemicals, counting methyl diphenyl diisocyanate, propylene oxide, polyols, propylene glycol, thermoplastic polyurethane, aniline, and methyl tertiary-butyl ether products, which are used to produce rigid and flexible foams, in addition to coatings, adhesives, sealants, and elastomers.
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