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Wednesday 19 August 2015
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Pre-Market Stocks Recap: Boulder Brands (NASDAQ:BDBD), Eagle Rock Energy Partners, L.P. (NASDAQ:EROC), Knight (NYSE:KNX), Dollar General (NYSE:DG)

On Monday, Boulder Brands Inc (NASDAQ:BDBD)’s shares declined -8.16% to $7.65.

Boulder Brands, Inc. (BDBD) will host a live audio webcast on August 6th, at 9:30 a.m. ET to talk about 2015 second quarter results, which will be issued at about 8:30 a.m. ET the same day. The webcast will be a listen-only format. The webcast link, http://edge.media-server.com/m/p/2dvxeo9r/lan/en, can also be found at http://investors.boulderbrands.com in the Events section.

Boulder Brands Inc. provides health and wellness food solutions in the United States and Canada. The company operates in two segments, Natural and Balance. The Natural segment provides gluten free bread and baked goods, and frozen pizza and granola under the Udi’s brand name; shelf stable and frozen gluten free products, counting snack foods, frozen baked goods, and baking mixes under the Glutino brand name; and burritos, meals, and quesadillas under the EVOL brand name.

Eagle Rock Energy Partners, L.P. (NASDAQ:EROC)’s shares dropped -9.95% to $1.72.

Vanguard Natural Resources, LLC (VNR) stated financial and operational results for the quarter ended June 30, 2015.

Second Quarter 2015 Highlights:

  • Adjusted EBITDA (a non-GAAP financial measure defined below) reduced 7% to $90.6 million in the second quarter of 2015 from $97.7 million in the second quarter of 2014 and raised 6% from the $85.3 million recorded in the first quarter of 2015.
  • Distributable Cash Flow Accessible to Common and Class B Unitholders reduced to $35.5 million from the $46.1 million generated in the second quarter of 2014 and raised 10% from the $32.4 million generated in the first quarter of 2015.

2015 Six Month Highlights:

  • Adjusted EBITDA (a non-GAAP financial measure defined below) reduced 6% to $175.9 million in the first six months of 2015 from $187.6 million in the first six months of 2014.
  • Distributable Cash Flow Accessible to Common and Class B Unitholders (a non-GAAP financial measure defined below) for the first six months of 2015 reduced 23% to $67.9 million from the $88.0 million generated in the first six months of 2014.

Eagle Rock Energy Partners, L.P., together with its auxiliaries, develops and produces oil and natural gas properties in the United States. The company also engages in ancillary gathering, compressing, treating, processing, and marketing services with respect to its production of natural gas, natural gas liquids, condensate, and crude oil.

At the end of Monday s trade, Knight Transportation (NYSE:KNX)‘s shares surged 1.55% to $27.46.

Knight Transportation, Inc. (KNX), one of North America’s largest and most diversified truckload transportation companies, stated revenue and net income for the second quarter and six months ended June 30, 2015.

The company formerly declared a quarterly cash dividend of $0.06 per share to shareholders of record on June 5, 2015, which was paid on June 26, 2015.

Dave Jackson, President and Chief Executive Officer, commented on the quarter, “During the second quarter we continued to successfully execute our internal initiatives to grow our business, improve margins, and drive operational efficiencies. We grew our merged revenue, not taking into account trucking fuel surcharge, by 22.7% while improving our adjusted operating income by 25.4%. Both our trucking and logistics segments contributed to our growth as we continue to expand our service offerings to meet the ever-changing supply chain needs of our customers.”

During the second quarter of 2015 we accrued $7.2 million of expense ($4.4 million after-tax) related to predictable settlement costs for two class action lawsuits involving employment-related claims in California and Oregon. We have offered adjusted financial information that excludes these expenses from our results of operations. We believe the comparability of our results is improved by not taking into account these infrequent expenses that are unrelated to our core operations.

Knight Transportation, Inc., together with its auxiliaries, operates as a short-to-medium haul truckload carrier of general commodities primarily in the United States. It operates through two segments, Trucking and Logistics. The Trucking segment offers truckload carrier dry van, temperature-controlled (refrigerated), and drayage services between ocean ports, rail ramps, and shipping docks.

Dollar General Corp. (NYSE:DG), ended its Monday’s trading session with -0.55% loss, and closed at $79.93.

Dollar General (DG) is assisting prep customers for back to school this week with the launch of its Fast Way to Save™ digital coupon program, now through August 15. Customers will see over $250 in savings with additional weekly specials on dozens of discounts for back to school merchandise and everyday household essentials.

In addition to other savings, now through September 7, customers can take advantage of a special offer to save $5 on any pretax purchase of $20 or more on a wide variety of school supply items, from backpacks and lunchboxes to pens and notebooks. Plus, shoppers can stretch their budgets even further this season with over 100 back to school items priced at only $1 every day.

Dollar General also has a great selection of affordable dorm essentials accessible from bedding and shower essentials to appliances and fashionable décor to assist college students prepare for going back to campus.

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, counting paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables comprising of milk, eggs, bread, frozen meals, beer, and wine; snacks that comprise candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, in addition to soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which comprise pet supplies and pet food; and tobacco products.

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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.

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