On Thursday, Rowan Companies PLC (NYSE:RDC)’s shares declined -2.74% to $17.73.
Rowan Companies (RDC) plans to report earnings for the three months ended June 30, 2015 on Wednesday, August 5, 2015, before the open of the financial markets in the United States. Following the earnings report, the Company will conduct a conference call at 10:00 a.m. Central Daylight Time to talk about its operating results. Interested parties can listen to the conference call by telephone or over the internet.
Rowan Companies plc provides offshore oil and gas contract drilling services. It operates a fleet of 30 self-elevating mobile offshore jack-up drilling units, in addition to 3 ultra-deepwater drill ships. The company operates in the United States Gulf of Mexico, the United Kingdom, and Norwegian sectors of the North Sea, the Middle East, West and North Africa, Southeast Asia, and Trinidad. Rowan Companies plc was founded in 1923 and is based in Houston, Texas.
Superior Energy Services, Inc. (NYSE:SPN)’s shares dropped -2.74% to $18.12.
Superior Energy Services, Inc. (SPN) declared that its Board of Directors has declared a regular cash dividend of $0.08 per share payable on its outstanding common stock. The dividend will be paid on August 20, 2015 to all shareholders of record as of the close of business on July 30, 2015.
Superior Energy Services, Inc. provides specialized oilfield services and equipment to oil and gas companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions.
At the end of Thursday’s trade, Tyson Foods, Inc. (NYSE:TSN)‘s shares surged 1.30% to $44.39.
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.
Scorpio Bulkers Inc (NYSE:SALT), ended its Thursday’s trading session with -3.23% loss, and closed at $1.80.
Scorpio Bulkers Inc (SALT) stated its results for the three and six months ended June 30, 2015 and 2014.
Results for the three and six months ended June 30, 2015 and 2014
For the three months ended June 30, 2015, the Company’s adjusted net loss was $16.6 million (see Non-GAAP Measures section below), or $0.09 basic and diluted loss per share, which excludes (i) a write down on assets held for sale of $119.6 million and (ii) the $2.4 million write off of a portion of the deferred financing costs of two credit facilities, or $0.62 loss per share (see Non-GAAP Measures section below). For the three months ended June 30, 2015, the Company had a net loss of $138.6 million, or $0.71 basic and diluted loss per share. This loss comprises the write down on assets held for sale of $119.6 million, a write off of $2.4 million of a portion of deferred financing costs accumulated on two credit facilities for which the commitments were reduced following the removal from the facilities of certain vessels that have been classified as held for sale, and the noncash amortization of stock-based compensation of $6.1 million.
For the three months ended June 30, 2014, the Company had a net loss of $15.0 million, or $0.11 basic and diluted loss per share. This loss comprises the noncash amortization of stock-based compensation of $6.2 million.
Scorpio Bulkers Inc., together with its auxiliaries, engages in the marine transportation of dry bulk commodities. Its fleet transports a range of major and minor bulk commodities, counting ores, coal, grains, and fertilizers along worldwide shipping routes. As of April 02, 2015, the company owned eight vessels compriseing of one Capesize, three Kamsarmax, and four Ultramax vessels; had time charters-in 13 dry bulk vessels comprised of one Handymax, one Ultramax, three Supramax, two Panamax, three Kamsarmax, and three Post-Panamax vessels; and contracted for 63 dry bulk vessels, which comprised of 25 Ultramax, 20 Kamsarmax, and 18 Capesize vessels from shipyards in Japan, South Korea, China, and Romania. Scorpio Bulkers Inc. was founded in 2013 and is based in Monaco.
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.
