On Tuesday, Anadarko Petroleum Corporation (NYSE:APC)’s shares inclined 1.49% to $74.31.
The Board of Directors of Anadarko Petroleum Corporation (APC) declared a quarterly cash dividend on the company’s common stock of 27 cents per share, payable Sept. 23, 2015, to stockholders of record at the close of business on Sept. 9, 2015.
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores for and produces natural gas, oil, condensate, and natural gas liquids (NGLs).
PulteGroup, Inc. (NYSE:PHM)’s shares dropped -1.83% to $20.33.
PulteGroup, Inc. (PHM) declared financial results for its second quarter ended June 30, 2015. For the quarter, the Company stated net income of $103 million, or $0.28 per share, counting a pretax benefit of $27 million, or $0.05 per share, resulting from a legal settlement in the period. Preceding year net income of $42 million, or $0.11 per share, comprised of pretax charges of $88 million, or $0.14 per share, for insurance reserves and office relocation costs.
Second Quarter Results
Home sale revenues for the second quarter totaled $1.2 billion, which is unchanged from the preceding year. Revenues for the period reflect a 1% enhance in average selling price to $332,000, offset by a 1% decrease in closings to 3,744 homes.
The Company’s second quarter home sale gross margin was 23.3%, an enhance of 60 basis points from the first quarter of 2015 and a decrease of 30 basis points from the comparable preceding year period. Homebuilding SG&A expense for the quarter was $130 million, or 10.5% of home sale revenues, contrast with $230 million, or 18.4% last year. Second quarter 2015 SG&A comprises a benefit of $27 million regarding legal settlement, whereas preceding year SG&A comprised of charges of $88 million for insurance reserves and office relocation costs.
PulteGroup, Inc., through its auxiliaries, engages in the homebuilding business; mortgage banking operations; and title operations in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on land.
At the end of Tuesday’s trade, Paychex, Inc. (NASDAQ:PAYX)‘s shares surged 0.36% to $47.69.
For the second straight month, the Paychex | IHS Small Business Jobs Index was relatively unchanged, increasing slightly from 100.63 in June to 100.64 in July. The national index has seen little movement in recent months, essentially remaining flat from May to July. Still trailing employment growth seen in 2014, the index was down 0.46 percent from the previous July. The East North Central region continues as the highest-ranked regional index. Washington maintained its lead among states, and for the 10th straight month, Dallas ranked number one among metro areas for employment growth with an index level surpassing 105.
Paychex, Inc. provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that comprise the calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and administration reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients payroll obligations.
Juniper Netoperates, Inc. (NYSE:JNPR), ended its Tuesday’s trading session with 27.99% loss, and closed at $27.99.
Juniper Netoperates (JNPR), the industry leader in network innovation, recently declared the Company will present at the following investor conference in August:
- Kathleen Nemeth, vice president of investor relations, and Mike Marcellin, chief marketing officer, Juniper Netoperates, will present at the Oppenheimer 18thAnnual Technology, Internet & Communications Conference, Tuesday, Aug. 11, 2015 at 9:05 a.m. ET in Boston.
Juniper Netoperates, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.
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