On Monday, Omnicom Group Inc. (NYSE:OMC)’s shares declined -0.49% to $72.72.
Omnicom Group Inc. (OMC) declared that its diluted net income per common share for the second quarter raised three cents, or 2.4%, to $1.26 per share as compared to $1.23 per share for the second quarter of 2014.
Omnicom’s worldwide revenue in the second quarter of 2015 reduced 1.7% to $3,805.3 million from $3,870.9 million in the second quarter of 2014. The components of the change in revenue comprised of an enhance in revenue from organic growth of 5.3%, an enhance in revenue from acquisitions, net of dispositions of 0.1% and a decrease in revenue from the negative impact of foreign exchange rates of 7.1% when contrast to the second quarter of 2014.
Omnicom Group Inc., together with its auxiliaries, operates as an advertising, marketing, and corporate communications services company in the Americas, Europe, the Middle East, Africa, and the Asia pacific. It offers services in advertising, customer relationship administration, public relations, and specialty communications areas.
Fortress Investment Group LLC (NYSE:FIG)’s shares dropped -3.22% to $6.62.
Fortress Investment Group LLC (FIG) stated its second quarter 2015 financial results.
FINANCIAL SUMMARY
- Fortress declares a cash dividend of $0.08 per dividend paying share for the second quarter of 2015.
- Administration Fee Paying Assets Under Administration (“AUM”) of $72.0 billion as of June 30, 2015, an enhance of 3% from the previous quarter and an enhance of 13% from June 30, 2014.
- GAAP net income of $5 million, or $0.00 per diluted Class A share, for the second quarter of 2015, contrast to GAAP net income of $73 million, or $0.12 per diluted Class A share, for the second quarter of 2014.
- Pre-tax distributable earnings (“DE”) of $137 million, or $0.30 per dividend paying share, for the second quarter of 2015, contrast to pre-tax DE of $172 million, or $0.39 per dividend paying share for the second quarter of 2014.
BUSINESS HIGHLIGHTS
- Raised $3.2 billion of capital across alternative investment businesses during the quarter and $8.6 billion in the first half of 2015
- Recorded $1.1 billion of net client inflows for Logan Circle during the quarter, bringing total net client inflows year-to-date through June 30, 2015 to $1.6 billion
- Investment performance summary as of June 30, 2015:
- Second quarter 2015 net returns of 2.3% for Drawbridge Special Opportunities Fund (“DBSO”) LP and (6.2)% for Fortress Macro Fund Ltd
- Annualized inception-to-date net IRRs for FCO, FCO II and FCO III of 25.1%, 17.7% and 12.0%, respectively
Fortress Investment Group LLC is a publicly owned investment manager. The firm provides its services to pooled investment vehicles, pension and profit sharing plans, corporations, institutional managed accounts and structured products, banking or thrift institutions, investment companies, charitable organizations, and state or municipal government entities.
At the end of Monday s trade, Green Plains Inc (NASDAQ:GPRE)‘s shares dipped -3.88% to $21.58.
Green Plains Inc. (GPRE) declared its financial results for the second quarter of 2015. Net income for the quarter was $7.8 million, or $0.19 per diluted share, contrast to net income of $32.3 million, or $0.82 per diluted share, for the same period in 2014. Revenues were $744.5 million for the second quarter of 2015 contrast to $837.9 million for the same period in 2014.
During the second quarter, Green Plains’ ethanol production totaled 238.7 million gallons, or about 93.9% of its daily average production capacity. Non-ethanol operating income from the corn oil production, agribusiness, and marketing and distribution segments was $16.4 million in the second quarter of 2015 contrast to $16.5 million for the same period in 2014.
Revenues were $1.5 billion for the six-month period ended June 30, 2015 contrast to $1.6 billion for the same period of 2014. Net income for the six-month period ended June 30, 2015 was $4.5 million, or $0.11 per diluted share, contrast to net income of $75.5 million, or $1.88 per diluted share, for the same period in 2014.
Green Plains Inc. produces, markets, and distributes ethanol in the United States. The company operates through four segments: Ethanol Production, Corn Oil Production, Agribusiness, and Marketing and Distribution. It produces ethanol and co-products, such as wet, modified wet, or dried distillers grains, in addition to extracts non-edible corn oil that is used as feedstock for biodiesel, livestock feed additives, rubber substitutes, rust preventatives, inks, textiles, soaps, and insecticides.
Discovery Laboratories, Inc. (NASDAQ:DSCO), ended its Monday’s trading session with -4.90% loss, and closed at $0.485.
Discovery Laboratories, Inc. (DSCO), a specialty biotechnology company focused on developing aerosolized KL4 surfactant therapies for respiratory diseases, will host a live teleconference and webcast at 8:30 a.m. Eastern Time on Tuesday August 11, 2015 at which time administration will talk about the 2015 second quarter financial results together with providing other business updates. The company will issue a press release announcing the second quarter 2015 financial results after the close of the U.S. financial markets on Monday, August 10, 2015.
Discovery Laboratories, Inc., a specialty biotechnology company, focuses on developing products for critical-care patients with respiratory disease and improving care in pulmonary medicine. Its proprietary drug technology produces a synthetic peptide-containing surfactant (KL4 surfactant in liquid, lyophilized, and aerosolized dosage forms), in addition to develops drug delivery technologies to enable efficient delivery of its aerosolized KL4 surfactant.
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