On Friday, 3D Systems Corporation (NYSE:DDD)’s shares inclined 0.41% to $14.78.
3D Systems Corporation (DDD) declared that it plans to hold a conference call and simultaneous webcast to talk about its financial results for the second quarter and first six months of 2015 on Thursday, August 6, 2015, at 8:30 a.m. Eastern Time. The company anticipates to release these financial results and to file its Form 10-Q on August 6, 2015.
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The company’s 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials.
Civeo Corp (NYSE:CVEO)’s shares dropped -10.22% to $2.02.
Civeo Corporation (CVEO) declared that it has planned its second quarter 2015 earnings conference call for Friday, July 31, 2015 at 10:30 am Eastern time. During the call, Civeo will talk about the results for the quarter ended June 30, 2015, which are predictable to be released on July 30, 2015, after markets close.
Civeo Corporation provides remote site accommodations for the natural resource industry in Australia, Canada, and the United States. It also offers facility administration services, counting food services; customized facility administration information systems that provide clients with the tools and information necessary to manage the allocation of contracted rooms and service days; and support services, such as housekeeping and janitorial services, facility maintenance, laundry, communications, supply chain and logistics administration, power generation, and transportation and personnel logistics.
At the end of Friday’s trade, Comstock Resources Inc (NYSE:CRK)‘s shares dipped -13.90% to $1.61.
Comstock Resources, Inc. (CRK) declared that it has reached a definitive purchase and sale agreement with a private company to sell Comstock`s oil and gas properties in and around Burleson County, Texas for a sale price of about $115.0 million, subject to customary adjustments. The sale, which is subject to customary closing conditions, is predictable to close in July 2015 and will have an effective date of May 1, 2015. Comstock intends to use the proceeds from the sale to fund its 2015 drilling program and to enhance the Company`s liquidity in addition to for other corporate purposes.
The properties being sold are producing about 1,900 barrels of oil per day and 5.5 million cubic feet (“MMcf”) per day of natural gas. At December 31, 2014, Comstock`s proved reserves comprised of about 3.7 million barrels of oil and 3.9 billion cubic feet of natural gas related to the interests being sold. The Company anticipates to realize a pre-tax loss on the divestiture ranging from $100.0 to $110.0 million. Taking the divestiture into account, Comstock revised its 2015 oil production guidance to 9,000 to 9,500 barrels per day and its natural gas production guidance to 125 to 150 MMcf per day. Additionally, the Company declared that it has recently added about 10 MMcf per day of natural gas hedges at $3.20 per MMcf for the twelve months starting on July 1, 2015. The Company presently intends to continue to add additional hedges as opportunities develop.
Comstock Resources, Inc., an independent energy company, acquires, develops, explores, and produces oil and natural gas properties in the United States. Its oil and gas operations are primarily located in East Texas/North Louisiana and South Texas. The company owns interests in 1,596 producing oil and natural gas wells. As of December 31, 2014, it had proved reserves of 620 billion cubic feet of natural gas equivalent. The company was founded in 1919 and is headquartered in Frisco, Texas.
Mead Johnson Nutrition CO (NYSE:MJN), ended its Friday’s trading session with -1.36% loss, and closed at $89.93.
Mead Johnson Nutrition CO (MJN) declared that it is revising full-year 2015 financial guidance based on preliminary second quarter sales results. Results are preliminary at this time as the Company has not yet accomplished its quarter close processes. Final Q2 results will be declared on July 23, 2015.
- Preliminary second quarter constant dollar sales(1) were 3% below the preceding year quarter. Counting the impact of foreign currency, preliminary stated sales were 7% below the preceding year quarter.
- Strong sales of the recently launched imported products to China were insufficient to fully offset declines in the China based manufactured products. Hong Kong cross-border sales stabilized, but were below preceding year levels.
- Preliminary year-to-date sales were in-line with the preceding year on a constant-dollar basis and 4% lower on a stated basis.
- Slowing emerging market growth and dairy costs approaching five-year lows drove competitive promotional price discounting across several MJN markets in Latin America and Asia, most notably in China.
Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children’s nutrition, and other nutritional products. It offers routine infant formula products as a breast milk substitute for healthy infants for the use as the infant’s source of nutrition, in addition to a supplement to breastfeeding under the Enfamil Premium, Enfapro Premium, Enfamil A+, and Enfalac A+ names; and solutions products to address common feeding tolerance problems, counting spit-up, fussiness, gas, and lactose intolerance under the Enfamil Gentlease and Enfamil A.R names.
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