On Wednesday, Colony Capital Inc (NYSE:CLNY)’s shares declined -0.65% to $22.90.
Colony Capital Inc., a public (CLNY), international investment firm, declared recently that Christophe G. de Taurines has joined the firm as Managing Director—European Investor Relations.
Based in Colony’s London office, Mr. de Taurines, 50, will principally be responsible for expanding Colony’s investor relationships in Europe, while also assisting with the firm’s European strategy and operations.
Colony Capital, Inc., a commercial real estate and investment administration company, acquires, originates, and manages a portfolio of real estate-related debt and equity investments in North America and Europe. It operates through four segments: Real Estate Debt Investments, Light Industrial Portfolio, Single-Family Residential Rentals, and Other Real Estate Equity Investments.
Rogers Communications Inc. (USA) (NYSE:RCI)’s shares gained 0.94% to $35.33.
Rogers Communications Inc. (RCI), declared its unaudited financial and operating results for the second quarter ended June 30, 2015.
Key Financial Highlights
Higher operating revenue
Merged revenue raised 6% this quarter, reflecting revenue growth of 6% in Wireless and 23% in Media, with stable revenue in Cable and Business Solutions. Wireless revenue raised as a result of greater smartphone sales, higher network revenue from the continued growth in data use by our subscriber base, in addition to the adoption of higher ARPU and ARPA generating Rogers Share Everything plans. Cable revenue was stable as continued Internet revenue growth was offset by modest revenue declines in Television and Phone. Not taking into account the effect of a CRTC decision earlier in the year mandating that telecommunications providers could no longer require customers to provide a minimum of 30 days’ notice when canceling services, Cable operating revenue would have raised by $4 million this quarter. Media revenue raised as a result of the NHL licensing agreement together with growth at Sportsnet, the Toronto Blue Jays, and Next Issue Canada, partially offset by continued softness in conventional broadcast TV and print advertising.
Rogers Communications Inc. operates as a communications and media company in Canada. The company’s Wireless segment offers wireless telecommunications services to consumers and businesses under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications. This segment distributes its products through independent dealer networks, company-owned retail stores, retail chains and convenience stores, distribution channels, ecommerce sites, and call centers and outbound telemarketing.
At the end of Wednesday’s trade, Air Products & Chemicals, Inc. (NYSE:APD)‘s shares dipped -0.95% to $144.65.
Air Products (APD), a global leader in helium production, held a grand opening at its new Doe Canyon helium production facility in Colorado. The Doe Canyon helium plant is the only one in the world extracting helium from a gas stream composed primarily of carbon dioxide (CO2). The helium from this new facility further diversifies Air Products’ supply chain to ensure a reliable and stable supply of product for its customers.
Much of the helium produced in the United States recently comes from the United States Bureau of Land Administration (BLM) system, however, the BLM system is in decline, and eventually that storage supply will be depleted. At the same time, the world’s demand for helium is likely to continue to grow and is why new sources of helium are needed. The purified helium at the new Colorado facility will be liquefied on-site for subsequent delivery to Air Products’ customers. The plant is predictable to produce up to 230 million standard cubic feet of helium per year, replacing more than 15 percent of the current BLM reserve helium supply as that system declines.
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. The company operates in Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy segments. The Merchant Gases segment sells atmospheric gases, such as oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, and carbon dioxide; specialty gases; temporary gas supply services; and equipment for the metals, glass, electronics, chemical processing, food processing, healthcare, general manufacturing, and petroleum and natural gas industries.
Liberty Media Corp (NASDAQ:LMCK), ended its Wednesday’s trading session with -0.72% loss, and closed at $37.35.
Liberty Media Corporation’s ( LMCK) stated second quarter 2015 results. Highlights comprise(1):
- SiriusXM stated strong second quarter results
- Subscriber base grew to 28.4 million
- Record second quarter revenue up 8% to $1.12 billion
- Net income of $103 million, counting a pre-tax $108 million settlement(2)
- Adjusted EBITDA(3)climbed 12% to record $415 million
- Free cash flow(3)reached $371 million, up 11%
- Liberty Media’s ownership of SiriusXM stood at 59.4% as of July 24, 2015
- Sold 527,000 Viacom shares for $37 million in proceeds; gains offset by accessible tax losses
- From May 1, 2015 through July 31, 2015, repurchased 2.5 million LMCA shares at an average price per share of $38.55 and a total cost of $97 million in addition to 2.9 million LMCK shares at an average price per share of $38.03 and a total cost of $111 million
Liberty Media Corporation, through its auxiliaries, engages in the media, communications, and entertainment businesses primarily in North America. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels, in addition to infotainment services on a subscription fee basis through its satellite radio systems; provides connected vehicle applications and services to enhance the safety, security, and driving experience for vehicle operators; streams music and non-music channels over the Internet; and distributes satellite and Internet radios, and accessories primarily through automakers, retail stores, and Website.
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