On Wednesday, Atlas Resource Partners, L.P. (NYSE:ARP)’s shares declined -23.88% to $2.46.
Atlas Resource Partners, L.P. (ARP) declared its monthly distribution for the month of June 2015 of $0.1083 per common unit, or $1.30 per unit on an annual basis. The June 2015 distribution is payable Friday, August 14, 2015 to holders of record as of Friday, August 7, 2015.
Atlas Resource Partners, L.P. operates as an independent developer and producer of natural gas, crude oil, and natural gas liquids in the United States. The company operates in three segments: Gas and Oil Production, Well Construction and Completion, and Other Partnership Administration. As of May 18, 2015, it owned interest in about 14,000 producing natural gas and oil wells located primarily in Appalachia, the Barnett Shale and the Eagle Ford Shale (Texas), the Mississippi Lime (Oklahoma), the Raton Basin (New Mexico), Black Warrior Basin (Alabama), and the Rangely Field (Colorado). The company had estimated proved reserves of 1,429 billion cubic feet equivalent.
Caterpillar Inc. (NYSE:CAT)’s shares gained 0.37% to $76.88.
Caterpillar Inc. (CAT) will offer a one-hour audio webcast of a teleconference with financial analysts and institutional shareholders to be held on Wednesday, August 19, 2015, at 2 p.m. Central Time.
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Administration Group, Residential Mortgage Banking, BlackRock, and Non-Planned Assets Portfolio. The Retail Banking segment offers deposit, lending, brokerage, investment administration, and cash administration services to consumer and small business customers through branch network, ATMs, call centers, online banking, and mobile channels.
At the end of Wednesday’s trade, D.R. Horton, Inc. (NYSE:DHI)‘s shares dipped -1.37% to $28.71.
D.R. Horton, Inc. (DHI), America’s Builder, stated that net income for its third fiscal quarter ended June 30, 2015 raised 96% to $221.4 million, or $0.60 per diluted share, from $113.1 million, or $0.32 per diluted share, in the same quarter of fiscal 2014. Homebuilding revenue for the third quarter of fiscal 2015 raised 37% to $2.9 billion from $2.1 billion in the same quarter of fiscal 2014. Homes closed in the quarter raised 28% to 9,856 homes, contrast to 7,676 homes in the preceding year quarter.
For the nine months ended June 30, 2015, net income raised 39% to $511.8 million, or $1.39 per diluted share, from $367.3 million, or $1.05 per diluted share, in the same period of fiscal 2014. Homebuilding revenue for the nine months ended June 30, 2015 raised 37% to $7.5 billion from $5.4 billion in the first nine months of fiscal 2014. Homes closed in the nine-month period raised 30% to 26,072, contrast to 20,058 homes in the same period of fiscal 2014.
D.R. Horton, Inc. operates as a homebuilding company. It is engaged in the acquisition and development of land; and construction and sale of residential homes in 27 states and 79 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, and Crown Communities. The company constructs single-family detached homes; and attached homes, such as town homes, duplexes, triplexes, and condominiums. It is also involved in the origination and sale of mortgages; and provision of title insurance policies, and examination and closing services.
Lowe’s Companies, Inc. (NYSE:LOW), ended its Wednesday’s trading session with 0.89% gain, and closed at $69.97.
Lowe’s Companies, Inc. (LOW) declared that Tiffany L. Mason has been promoted to senior vice president of corporate finance and treasurer. Mason will continue to report to Chief Financial Officer Robert F. Hull Jr.
In her expanded role, Mason is taking on responsibility for financial planning and analysis, while she retains responsibility for the investor relations and treasury functions. Mason has nearly 20 years of experience in accounting and corporate finance across various industries, counting technology, manufacturing, banking and retail. She joined Lowe’s in 2006 as senior manager-external reporting and accounting policy, and was promoted to director a year later. She was promoted to VP, investor relations in 2010 and VP, finance and treasurer in 2013.
Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.
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