On Wednesday, IMS Health Holdings Inc(NYSE:IMS)’s shares inclined 0.17% to $32.08.
IMS Health Holdings, Inc.(IMS), a leading global provider of information and technology services to the healthcare and life sciences industries, declared results for the quarter ended June 30, 2015.
Second-Quarter 2015 Operating Results
Revenue for the second quarter of $742 million was up 24.6 percent on a constant currency basis and 12.0 percent on a stated basis, contrast with the second quarter of 2014. Early in the second quarter, the company closed the acquisition of Cegedim’s CRM and Planned Data businesses (“the Cegedim Acquisition”). Not taking into account the impact of the Cegedim Acquisition, revenue was up 5.2 percent on a constant currency basis and down 4.6 percent on a stated basis, with the difference entirely due to the year-over-year strengthening of the U.S. dollar as compared to key currencies in which the company transacts business.
The company’s strong revenue growth in the second quarter comprised of a 45.6 percent enhance in technology services revenue on a constant currency basis, up 33.3 percent on a stated basis, as compared to the same period last year. Information offerings revenue was up 9.4 percent on a constant currency basis and down 3.2 percent stated. Emerging markets revenue raised 29.4 percent in the second quarter on a constant currency basis and 8.8 percent on a stated basis. Developed markets revenue grew 23.5 percent on a constant currency basis and 12.7 percent stated.
Not taking into account the Cegedim Acquisition, technology services revenue raised 11.7 percent on a constant currency basis and 3.8 percent stated, and information offerings revenue raised 0.5 percent on a constant currency basis and declined 10.7 percent on a stated basis.
IMS Health Holdings, Inc. provides information and technology services to healthcare industry worldwide. Its principal products comprise national information offerings that provide performance metrics related to the sales of pharmaceutical products, prescribing trends, medical treatment, and promotional activity through multiple channels; and sub-national offerings, which offer information related to the measurement of sales at the regional, zip code, and individual prescriber level.
Yum! Brands, Inc. (NYSE:YUM )’s shares gained 0.96% to $89.04.
KFC Corporation is a partner of Yum! Brands, Inc., Louisville, Ky. (YUM).
Earlier this year, two Canadian families made headlines after driving 2,000 miles for some finger lickin’ good® Kentucky Fried Chicken® at the birthplace of Original Recipe® Chicken in Corbin, Kentucky. Just like Colonel Sanders, who traveled over 200,000 miles a year to visit every KFC® restaurant across America, these loyal KFC fans took an epic journey of their own. And, to honor them, KFC treated the two families to a first-class, behind-the-scenes visit at their headquarters in Louisville, Kentucky where the Original Recipe® magic continues recently.
Longtime friends Brian Lutfy and Neil Janna of Montreal, Quebec, decided in April to get a bucket of their favorite finger lickin’ good chicken the hard way— by going on a five-day road trip to Corbin, Kentucky with their sons. After hearing the news of their courageous pilgrimage, KFC invited them back for a behind-the-scenes tour of the brand’s headquarters in Louisville, to actually prepare their beloved fried chicken alongside KFC’s head chef and see how the Original Recipe® Kentucky Fried Chicken is made.
YUM! Brands, Inc., together with its auxiliaries, operates quick service restaurants. It operates in five segments: YUM China, YUM India, the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various food items.
At the end of Wednesday’s trade, Jumei International Holding Ltd (ADR) (NYSE:JMEI)‘s shares surged 5.05% to $18.72.
International Holding Limited (JMEI) China’s leading online retailer of beauty products, recently declared that it has agreed to provide BabyTree with a convertible loan and a revolving credit facility of up to RMB1.55 billion (US$250 million). The principal of the convertible loan portion of the transaction could reach as high as RMB744 million (US$120 million) depending on the working capital needs of BabyTree and certain operating performance criteria being met. The loan will be convertible into a minority interest in BabyTree based on a pre-agreed formula. The revolving credit facility will be RMB806 million (US$130 million), and drawdown by BabyTree will also depend on the working capital needs of BabyTree and certain operating performance criteria being met.
According to BabyTree, BabyTree is the largest online parenting community in China, and is among the largest online parenting communities globally as ranked by traffic volume. Presently the DAU (daily active users) of BabyTree has surpassed 10 million. BabyTree.com, the website of the company, together with its mobile apps “BabyTree Pregnancy” and “BabyTree Footprints,” cover over 80% of pregnancy-stage parents and parents of 0-6 year-old children in China. The “BabyTree Pregnancy” app ranks number one among baby and maternity mobile apps in China.
Jumei International Holding Limited operates as an online retailer of beauty products in the People’s Republic of China. The company offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children. It also provides apparel and other lifestyle products, counting women’s wear, footwear, lingerie, handbags and luggage, men’s wear, sportswear and sporting goods, accessories, home goods, and other lifestyle products, in addition to baby, children, and maternity products; and snacks and health supplements.
Illinois Tool Works Inc. (NYSE:ITW), ended its Wednesday’s trading session with 1.41% gain, and closed at $89.59.
Illinois Tool Operates Inc. (ITW) stated second quarter 2015 diluted earnings per share (EPS) from ongoing operations of $1.30, a 7 percent enhance contrast to the year-ago period. Not taking into account the $(0.12) impact of currency translation, EPS would have been up 17%. Organic revenue growth was up slightly in the quarter as continued strong organic growth performance in our Automotive OEM and Food Equipment segments together with improving demand trends in our Construction Products business were offset by the impact of the soft capital spending environment on our Welding and Test & Measurement and Electronics segments. In addition, the implementation of the company’s ongoing product line simplification (PLS) initiative reduced enterprise-level organic revenue growth by 1 percentage point in the quarter.
Second quarter 2015 enterprise highlights*
- Organic revenue was up slightly for the total company. Growth was positive for both North America and International, with Europe up 2 percent. As predictable, the ongoing PLS activities associated with the portfolio administration component of ITW’s Enterprise Strategy reduced organic revenue growth by about 1 percentage point. Total revenues of $3.4 billion were down 8 percent due to the impact of foreign currency translation.
- Operating margin raised 80 basis points to a record 21.3 percent. Enterprise Initiatives contributed 100 basis points.
- After-tax return on invested capital also improved 80 basis points to 20.3 percent.
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment provides equipment, consumables, and related software for testing and measuring of materials and structures, in addition to equipment and consumables used in the production of electronic subassemblies and microelectronics.
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