Search
Saturday 22 August 2015
  • :
  • :

Pre-Market News Buzz on: Banro (NYSEMKT:BAA), RR Donnelley & Sons (NASDAQ:RRD), Enterprise Products Partners (NYSE:EPD), Amgen, (NASDAQ:AMGN)

On Thursday, Banro Corporation (USA) (NYSEMKT:BAA)’s shares inclined 7.61% to $0.198.

United Natural Foods, Inc. ( UNFI) declared that Steven Spinner, President and Chief Executive Officer, and Mark Shamber, Senior Vice President, Chief Financial Officer and Treasurer, will present at the Canaccord Genuity 35th Annual Growth Conference on Wednesday, August 12, 2015 at 9:30 a.m. ET in Boston, MA.

United Natural Foods, Inc., together with its auxiliaries, distributes and retails natural, organic, and specialty foods, in addition to non-food products primarily in the United States and Canada. The company distributes about 80,000 products in 6 product categories, counting grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and food service products, and personal care items.

RR Donnelley & Sons Co(NASDAQ:RRD)’s shares dropped -0.64% to $15.55.

Banro Corporation (BAA) recently declared its financial and operating results for the second quarter of 2015. FINANCIAL HIGHLIGHTS

  • Record Q2 2015 revenues of $42.6 million, a 61% enhance over Q2 2014 revenues of $26.5 million; and record H1 2015 revenues of $83.6 million, contrast with $57 million in the comparable period in 2014.
  • Record EBITDA of $34 million in H1 2015, a 210% enhance over H1 2014 ($11 million).
  • 35,665 gold ounces sold in Q2 2015, representing a 74% enhance over the same period in 2014.
  • Gross earnings from operations of $15 million in Q2 2015, a 239% enhance over Q2 2014 ($4 million).

Banro Corporation, together with its auxiliaries, engages in the exploration, development, and production of mineral properties. It primarily explores for gold. The company holds a 100% interest in 4 gold properties, counting Twangiza, Namoya, Lugushwa, and Kamituga comprising 13 exploitation permits that cover an area of about 2,612 square kilometers in the South Kivu and Maniema provinces of the Democratic Republic of the Congo. It also owns 14 exploration permits covering an area of about 2,638 square kilometers located between the Twangiza and Namoya properties.

At the end of Thursday’s trade, Enterprise Products Partners L.P. (NYSE:EPD)‘s shares dipped -1.80% to $28.14.

RR Donnelley & Sons Company (RRD) declared that it intends to create three independent, publicly traded companies: one business focused on financial communications and data services; one business focused on publishing and retail-centric print services; and one business focused on customized multichannel communications administration.

Planned Benefits

  • Each business to focus on its distinct planned preceding ties, driving opportunities to accelerate growth and enhance long-term value.
  • Greater flexibility to execute tailored business strategies and compete in evolving markets.
  • Even more focused brand strategy to support each business’s marketing plan.

R.R. Donnelley & Sons Company provides integrated communications solutions to private and public sector clients in the United States and internationally. The company operates through Publishing and Retail Services, Variable Print, Planned Services, and International segments. Its product and service offerings comprise magazines, catalogs, retail inserts, books, directories, and packaging products; commercial and digital print, direct mail, office products, labels, statement printing, and forms; and logistics services, financial print products and related services, print administration products, and digital and creative solutions.

Amgen, Inc. (NASDAQ:AMGN), ended its Thursday’s trading session with -3.25% loss, and closed at $161.15.

Enterprise Products Partners L.P. (EPD) declared its financial results for the three and six months ended June 30, 2015.

  • Enterprise raised its cash distribution with respect to the second quarter of 2015 by 5.6 percent to $0.38 per unit contrast to the second quarter of 2014;
  • Enterprise stated distributable cash flow of $988 million for the second quarter of 2015, which offered 1.3 times coverage of the $0.38 per unit cash distribution and resulted in $238 million of retained distributable cash flow; and
  • Associates of privately held Enterprise Products Company (“EPCO”), which collectively own our general partner and about 34 percent of our outstanding limited partner interests, purchased $50 million of common units from Enterprise in May 2015 through the distribution reinvestment plan. Counting this purchase, EPCO associates have purchased $150 million of Enterprise common units in 2015.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, in addition to import and export terminal services.

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.




Leave a Reply

Your email address will not be published. Required fields are marked *