On Friday, Louisiana-Pacific Corporation (NYSE:LPX)’s shares declined -1.04% to $16.10.
Louisiana-Pacific Corporation (LP) (LPX) stated results for the second quarter of 2015, which comprised of the following:
- Sales for the second quarter of $493 million were lower by 5 percent contrast to the year ago quarter.
- Net loss was $20 million ($0.14 per diluted share).
- Non-GAAP adjusted loss was $12 million ($0.08 per diluted share).
- Adjusted EBITDA for the second quarter was $16 million contrast to $26 million in the second quarter of 2014.
- Cash and cash equivalents were $481 million as of June 30, 2015.
Louisiana-Pacific Corporation, together with its auxiliaries, primarily manufactures and sells building products for use in new home construction, repair and remodeling, outdoor structures, and light industrial and commercial construction. The companys Oriented Strand Board segment offers structural panel products comprising plywood, counting roof decking, sidewall sheathing, and floor underlayment. Its Siding segment provides SmartSide siding products and related accessories, such as wood-based sidings, trim, soffit, and fascia; and CanExel siding and accessory products, counting pre-finished lap and trim products.
Royal Dutch Shell plc (ADR )(NYSE:RDS.B)’s shares dropped -1.54% to $52.59.
Royal Dutch Shell plc’s (RDS-B) capital comprises of 3,918,015,024 A shares and 2,440,410,614 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury.
The total number of A shares and B shares in issue is 6,358,425,638 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Royal Dutch Shell plc under the FSA’s Disclosure and Transparency Rules.
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy. In addition, the company engages in manufacturing, supplying, and shipping crude oil; selling fuels, lubricants, bitumen, and liquefied petroleum gas (LPG) for home, transport, and industrial use; converting crude oil into a range of refined products, counting gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants, bitumen, sulphur, and LPG; producing and marketing petrochemicals, such as the raw materials for plastics, coatings, and detergents for industrial customers; and alternative energy business. Further, it trades hydrocarbons and other energy-related products; provides shipping services; and produces base chemicals comprising ethylene, propylene, and aromatics, in addition to intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol.
At the end of Friday’s trade, STMicroelectronics NV (ADR) (NYSE:STM)‘s shares surged 0.14% to $6.99.
STMicroelectronics (STM), a global semiconductor leader serving customers across the spectrum of electronics applications, declared the STiD325 (codenamed Barcelona), its DOCSIS[1] 3.1 chipset for Broadband CPE[2] Cable Modems, embedded Media Terminal Adapters (eMTAs), and Gateways, in addition to for Video Gateways when associated to set-top-box chipsets. It is being demonstrated at CableLabs Summer Conference, August 2-5, 2015 in Keystone, Colorado, USA.
DOCSIS 3.1 has been engineered by CableLabs(R) to unleash the multi-gigabit data era on existing Hybrid Fiber-Coax (HFC) netoperates through improved spectral efficiency using OFDM[3] multi-carrier modulation combined with low-density parity-check-based Forward Error Correction.
Designed for economy and performance, Barcelona features solid technical capabilities:
- Very high performance using multiple 64-bit ARM(R) CPUs to deliver >10K DMIPS, line-rate networking support on every port, and hardware acceleration for routing and switching, allowing Multiple System Operators (MSOs) to build future-proof CPE platforms with plenty of headroom to support the field introduction of new services;
- Backward compatibility with DOCSIS 3.0 32×8 to allow a smooth, cost-effective transition to DOCSIS 3.1;
- Flexible architecture facilitating independent software development and software upgrades with minimal coupling between stacks, in addition to the introduction of new features like home surveillance and home automation; support of various Wi-Fi configurations;
- 28nm FD-SOI silicon technology, providing outstanding power efficiency at all operating levels, counting fan-less designs, together with highly-efficient RF and analog integration.
Presently sampling to lead customers, Barcelona comes with pre-integrated RDK-B software, counting DOCSIS and Packet-Cable stacks.
STMicroelectronics N.V. designs, develops, manufactures, and markets various semiconductor integrated circuits and discrete devices worldwide. The company offers a range of semiconductor products, counting discrete and standard commodity components, application-specific integrated circuits, full-custom devices and semi-custom devices, micro-electro-mechanical systems, microcontrollers, sensors, digital consumer products, imaging products, memory products, media application processors, and application-specific standard products for analog, digital, and mixed-signal applications, in addition to silicon chips and smartcards.
Dana Holding Corporation(NYSE:DAN), ended its Friday’s trading session with -3.46% loss, and closed at $17.03.
Dana Holding Corporation (DAN) declared that its board of directors has declared a dividend on its common stock.
The board declared a quarterly dividend of $0.06 per share, payable Sept. 11, 2015, to holders of Dana common stock as of Aug. 21.
Dana Holding Corporation manufactures and sells driveline, sealing, and thermal-administration products for vehicle manufacturers in North America, Europe, South America, and the Asia Pacific. The company operates in four segments: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Driveline Technologies, and Power Technologies.
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.
