On Monday, Maxim Integrated Products Inc. (NASDAQ:MXIM)’s shares inclined 0.25% to $35.65.
Maxim Integrated Products Inc. (MXIM) stated net revenue of $577 million for its third quarter of fiscal 2015 ended March 28, 2015, a 2% enhance from the $567 million revenue recorded in the preceding quarter, and a 5% decrease from the same quarter of last year.
Fiscal Year 2015 Third Quarter Results
Based on Generally Accepted Accounting Principles (GAAP), diluted earnings per share in the March quarter was $0.28. The results were affected by pre-tax special items which primarily comprised of $23 million in charges related to acquisitions and $17 million in charges related to restructuring activities. GAAP earnings per share, not taking into account special items was $0.40. An analysis of GAAP as compared to GAAP not taking into account special items is offered in the last table of this press release.
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits worldwide. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs. It primarily serves automotive, communications and data center, computing, consumer, and industrial markets.
E Commerce China Dangdang Inc (ADR) (NYSE:DANG)’s shares dropped -2.73% to $10.16.
E Commerce China Dangdang Inc (ADR) (DANG) saw a big move last session, as the company’s shares fell by nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $8.14–$11.48 in the past one-month time frame, showed a sharp decline on Friday at $10.45.
This slump shouldn’t be too much of a surprise to investors, as the internet services provider has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
E-Commerce China Dangdang Inc. operates as a business-to-consumer e-commerce company in the Peoples Republic of China. It primarily sells books, periodicals, electronic publications, consumer electronics, and audio-visual products through its Website dangdang.com. The company also sells general merchandise products, counting fashion and apparel; beauty and personal care products; home and lifestyle products; baby, children, and maternity products; apparel and accessories; and footwear, handbags, and luggage. In addition, it operates the dangdang.com marketplace program, which enables third-party merchants to sell general merchandise products.
At the end of Mondays trade, People’s United Financial, Inc. (NASDAQ:PBCT)‘s shares surged 1.24% to $16.29.
People’s United Financial, Inc. (PBCT) declared it will release its second quarter financial results on Thursday, July 16 at about 4 p.m. Eastern Time. The company will host a conference call the same day at 5:00 p.m. Eastern Time to talk about its second quarter 2015 earnings declarement.
People’s United Bank, N.A. is a partner of People’s United Financial, Inc., a diversified financial services company with $36 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, in addition to wealth administration services through a network of over 400 branches in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine. Visit us at peoples.com.
Peoples United Financial, Inc. operates as the bank holding company for Peoples United Bank that provides commercial banking, retail banking, and wealth administration services to individual, corporate, and municipal customers. The company operates through two segments, Commercial Banking and Retail Banking. The Commercial Banking segment principally comprises of commercial real estate lending, commercial and industrial lending, and commercial deposit gathering activities.
Tyson Foods, Inc. (NYSE:TSN), ended its Monday’s trading session with 0.49% gain, and closed at $43.23.
Tyson Foods Inc.’s (TSN) partner, Tyson Food Service, and its Italian products brand, BONICI, have undertaken five planned initiatives to enhance the efficiency and profitability of the brand. These initiatives focus on the growing pizza category, as 19% consumers want more pizza on the menu, per Technomic’s 2014 The Pizza Trend Report.
BONICI brands offer a complete line of Italian products, counting pepperoni and toppings, dough, crusts and chicken products.
Tyson Food Service provides expertise, insights and production capabilities and offers more than 2,500 products across six core brands — Tyson, BONICI, Wright Brand, Mexican Original, IBP Trusted Excellence and Lady Aster.
Among the five strategies, the first one aims to enhance the versatility of the traditional pizza to match the taste of modern consumers.
Lastly, Tyson Food Service suggested the brand to partner with other food service providers and food brands to optimize offerings.
Tyson Foods, Inc., together with its auxiliaries, produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products worldwide. The company breeds and raises chickens; and processes live chickens into fresh, frozen, and value-added chicken products.
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