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Tuesday 18 August 2015
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Latest Update

Pre-Market News Report on: CVS Health (NYSE:CVS), Ctrip.com International, (NASDAQ:CTRP), Aramark (NYSE:ARMK), DryShips (NASDAQ:DRYS)

On Thursday, CVS Health Corp (NYSE:CVS)’s shares declined -0.61% to $107.66.

Care Capital Properties Inc. (CCP) will replace Omnicare Inc. (OCR) in the S&P MidCap 400 after the close of trading on Monday, August 17. S&P 500 constituent Ventas Inc. (VTR) is spinning off Care Capital Properties in a transaction predictable to be competed on that date. Omnicare is being attained by S&P 100 & 500 constituent CVS Health Corp. (CVS) in a deal predictable to be accomplished on August 18.

CVS Health Corporation, together with its auxiliaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. The Pharmacy Services segment offers pharmacy benefit administration services, such as plan design and administration, formulary administration, Medicare Part D services, mail order and specialty pharmacy services, retail pharmacy network administration services, prescription administration systems, clinical services, disease administration programs, and medical pharmacy administration services.

Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP)’s shares gained 2.69% to $72.13.

Ctrip.com International, Ltd. (CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel administration in China (“Ctrip” or the “Company”), recently declared its unaudited financial results for the second quarter ended June 30, 2015.

Highlights for the Second Quarter of 2015

  • Net revenues were RMB2.53 billion (US$408 million) for the second quarter of 2015, up 47% year-on-year.
  • Net commission earned (non-GAAP) was RMB2.49 billion for the second quarter, up 45% year-on-year. Net commission earned (non-GAAP) is calculated by deducting from the revenues the cost of transactions where the Company undertakes majority of the business risks, counting the inventory risks*. The Company accounts for discount offered to the customers as reduction to its revenues, and certain noteworthydiscount may result in selling price lower than cost.
  • Accommodation reservation volume raised 55% year-on-year, and accommodation reservation revenues raised 47% year-on-year, reaching RMB1.1 billion (US$178 million) for the second quarter of 2015.

Ctrip.com International, Ltd., together with its auxiliaries, provides travel services for hotel accommodations, transportation ticketing services, packaged tours, and corporate travel administration in the People’s Republic of China. It also offers independent leisure travelers bundled packaged-tour products, counting group tours, semi-group tours, and private tours or packaged tours with various transportation arrangements, such as cruise, bus, or self-driving.

At the end of Thursday’s trade, Aramark (NYSE:ARMK)‘s shares surged 1.52% to $32.07.

Pei Wei, the fast-casual restaurant known for its bold flavors and fresh and affordable Asian-inspired menu, is partnering with Aramark (ARMK), a global food service leader, to open a new location in the Memorial Union at Arizona State University (ASU) on August 13, 2015. The first Pei Wei to open on a college campus, the restaurant will be operated in partnership with Aramark, who has been serving the ASU campus since 2007, and will feature a custom layout and menu.

The restaurant will offer made-to-order dishes and Grab & Go items featuring quality ingredients handcrafted in a vibrant, modern environment. Students, faculty and staff will experience quick ticket times averaging 5 minutes and a unique variety of customizable dishes. Menu highlights comprise five varieties of sushi, the popular Honey Seared Chicken and Kung Pao Chicken Wok Entrées, in addition to new Grab & Go menu items such as the Spicy Mango Wrap, Grilled Chicken Banh Mi and Sriracha Caesar Salad.

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients primarily in North America. The company offers managed services, counting dining, catering, food service administration, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction administration, and capital project administration. It also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, planned/technical, energy and supply chain administration, purchasing, and central transportation.

DryShips Inc. (NASDAQ:DRYS), ended its Thursday’s trading session with -3.25% loss, and closed at $0.375.

DryShips Inc. (NASDAQ: DRYS), or DryShips or the Company, an international provider of marine transportation services for drybulk and petroleum cargoes, and through its associate, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, recently declared its unaudited financial and operating results for the second quarter ended June 30, 2015.

Second Quarter 2015 Financial Highlights

  • For the second quarter of 2015, the Company stated a net loss of $1.44 billion, or $2.17 basic and diluted loss per share.

    Comprised of in the second quarter 2015 results are:

    • A one-time non-cash loss of $1.35 billion, or $2.03 per share, as a result of the deconsolidation of Ocean Rig.
    • Impairment charge on one drybulk vessel, of $83.9 million, or $0.13 per share.

DryShips Inc. provides ocean transportation services for drybulk and petroleum cargoes, and offshore deepwater drilling services. The company operates through Drybulk, Tanker, and Drilling segments. The Drybulk segment provides drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries. The Drilling segment offers ultra deep water drilling services.

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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.

 




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