On Thursday, Steel Dynamics, Inc. (NASDAQ:STLD)’s shares declined -1.16% to $2.41.
Steel Dynamics, Inc. (STLD) the company offered second quarter 2015 adjusted earnings guidance in the range of $0.20 to $0.24 per diluted share
Estimated second quarter adjusted earnings are higher than sequential first quarter 2015 adjusted earnings of $0.17 per diluted share and lower than prior-year second quarter earnings of $0.31 per diluted share. Counting the above items, earnings guidance for the second quarter 2015 is in the range of $0.11 to $0.15 per diluted share.
Profitability from the company’s steel operations for the second quarter 2015 is predictable to be similar in comparison to the sequential first quarter 2015 results. Improved second quarter 2015 shipments will be offset by unpredictable metal margin compression, driven by steel imports remaining much higher than originally anticipated, resulting in average quarterly steel prices decreasing more than average quarterly scrap prices. The benefit of reduced scrap pricing was realized in the second quarter; but, the continued flood of steel imports thus far in 2015 continued to pressure steel product pricing to a greater degree. However, steel pricing has recently begun to stabilize and domestic steel demand remains solid.
Continued demand for the company’s fabricated steel joist and decking products indicates the non-residential construction market is ongoing a positive trend. Second quarter 2015 profitability from the company’s fabrication operations is predictable to be higher than near-record sequential first quarter 2015 results.
Steel Dynamics, Inc., together with its auxiliaries, manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally. The company operates in three segments: Steel Operations, Metals Recycling and Ferrous Resources Operations, and Steel Fabrication Operations. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; angles, plain rounds, flats, channels, and billets; and merchant beams, channels, and specialty structural steel sections.
Resolute Energy Corp (NYSE:REN)’s shares gained 37.93% to $0.800.
Renren Inc (RENN) declared that it will issue a press release covering operating and financial results for the second quarter ended June 30, 2015, after the market closes on Monday, August 10, 2015. An investor conference call to review the second quarter results will be held on Tuesday, August 11, 2015, at 4:30 PM Eastern Daylight Time.
Renren Inc. operates a social networking Internet platform in the People’s Republic of China. The company provides online advertising services; Internet value-added services (IVAS), counting online talent show, VIP memberships, other IVAS, etc.; and online gaming services. The company operates renren.com, a social networking Website that enables its users to connect and communicate with each other, share information and user generated content, play online games, and watch videos, in addition to a range of other features and services; and Renren Games, a game operating platform that offers a portfolio of Web-based, cross-platform, and mobile games its users.
At the end of Thursday’s trade, Pan American Silver Corp. (USA) (NASDAQ:PAAS)‘s shares dipped -4.02% to $6.20.
Pan American Silver Corp. (USA) (PAAS) will declare its unaudited 2015 second quarter results on Thursday, August 13 th after market close. A conference call and live audio webcast with a presentation to talk about the results will be held on Friday, August 14 th at 1:00 pm ET (10:00 am PT).
Pan American Silver Corp., together with its auxiliaries, operates and develops, and explores for silver producing properties and assets in Mexico, Peru, Argentina, and Bolivia. The company also produces and sells gold, zinc, lead, and copper. It holds interests in the Huaron, Morococha, Alamo Dorado, Dolores, La Colorada, Manantial Espejo, and San Vicente mines. The company was founded in 1979 and is headquartered in Vancouver, Canada.
salesforce.com, inc. (NYSE:CRM), ended its Thursday’s trading session with -0.70% loss, and closed at $73.36.
Salesforce [NYSE: CRM], the Customer Success Platform and the world’s #1 CRM company, recently launched Salesforce Shield, a new set of Salesforce1 Platform services that comprise Field Audit Trail, Platform Encryption, Data Archive and Event Monitoring. Now, companies with compliance or governance requirements, or businesses in regulated industries can build trusted cloud apps fast — using clicks, not code. Leading organizations such as First Data and Genomic Health are using Salesforce Shield recently to build trusted apps.
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide. The company offers enterprise cloud computing apps and platform services, counting Sales Cloud for sales force automation, which enables companies to store data, access accurate customer and prospect information, track leads and progress, forecast opportunities, and collaborate around any sale on desktop and mobile devices; Service Cloud that enables companies to connect address customers service and support needs; and Marketing Cloud, which enables companies to map customer journeys to digital marketing interactions through email, mobile, social, Web, and connected products.
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