On Wednesday, Spectra Energy Corp. (NYSE:SE)’s shares declined -1.70% to $28.96.
Spectra Energy Partners, LP stated second quarter 2015 distributable cash flow (DCF) of $321 million, contrast with $239 million in the preceding-year quarter. Distributions per limited partner unit for second quarter 2015 were $0.61375, contrast with $0.56625 per limited partner unit in second quarter 2014.
For the quarter, earnings before interest, taxes, depreciation and amortization (EBITDA) were $456 million, contrast with $353 million in the preceding-year quarter.
Net income from controlling interests was $307 million for second quarter 2015, contrast with $215 million in second quarter 2014.
Spectra Energy Corp, through its auxiliaries, owns and operates a portfolio of natural gas-related energy assets in North America. The company’s Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, in addition to transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the midwestern, northeastern, and southeastern United States and Canada. Its natural gas pipeline systems comprise of about 21,000 miles of transmission pipelines; and storage capacity comprises 295 billion cubic feet (Bcf). Its Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada.
Ascena Retail Group Inc (NASDAQ:ASNA)’s shares dropped -2.35% to $12.04.
Lane Bryant® is the nation’s leading women’s specialty apparel retailer, providing stylish and high-quality fashion in sizes 14-28. The Lane Bryant collection comprises a wide selection of career to casual apparel in addition to accessories, footwear and Cacique® intimate apparel. Lane Bryant fashions are accessible nationwide at its 762 Lane Bryant stores, and online. Lane Bryant is a wholly-owned partner of Ascena Retail Group, Inc. (ASNA). Lane Bryant, the nation’s leading women’s special size apparel retailer, is excited to declare the Grand Opening of the brand’s newest location at Gloucester Premium Outlets in Blackwood, NJ.
To celebrate, Lane Bryant invites you to check out the beautiful new store from August 13-16! Those who visit the Gloucester Premium Outlets Lane Bryant location starting Thursday will enjoy 40% off storewide (some exclusions apply), and the chance to win one of (25) $25 Lane Bryant Gift Cards each day. Plus – customers who make a $75 or more purchase in store will receive a FREE #ImNoAngel tote, while supplies last throughout the weekend.
Ascena Retail Group, Inc., through its auxiliaries, operates as a specialty retailer of apparel for women, and tween girls and boys. It operates through five segments: Justice, Lane Bryant, maurices, dressbarn, and Catherines segments. The company offers apparel, accessories, footwear, intimates, wear-to-work, and casual sportswear; and lifestyle products, such as bedroom furnishings and electronics, in addition to social occasion apparel, career wear, dressy apparel, and active wear.
At the end of Wednesday’s trade, Citizens Financial Group Inc (NYSE:CFG)‘s shares dipped -1.13% to $26.26.
Citizens Financial Group, Inc. (CFG) published the results of its company-run 2015 mid-cycle stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment focuses on retail customers and small businesses with traditional banking products and services, counting checking, savings, home loans, student loans, credit cards, business loans, and financial administration services.
Generac Holdings Inc.(NYSE:GNRC), ended its Wednesday’s trading session with -0.46% loss, and closed at $30.23.
Generac Holdings Inc. (GNRC) a leading designer and manufacturer of power generation equipment and other engine powered products, recently stated financial results for its second quarter ended June 30, 2015.
Second Quarter 2015 Highlights
- Net sales were $288.4 million during the second quarter of 2015 as contrast to $362.6 million in the preceding-year second quarter.
- Residential product sales were $133.5 million during the second quarter as contrast to $179.6 million in the preceding-year quarter, primarily due to lower demand of home standby generators as a result of a power outage severity environment that continues to remain challenging.
- Commercial & Industrial (C&I) product sales were $134.6 million during the second quarter as contrast to $163.5 million in the preceding-year quarter, primarily due to a decline in shipments to oil & gas markets and, to a lesser extent, reduced shipments to telecom national account customers.
Generac Holdings Inc. designs, manufactures, and markets power generation equipment and other engine powered products for the residential, light commercial, industrial, oil and gas, and construction markets in the United States, Canada, and internationally.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
