On Tuesday, Sanchez Energy Corp (NYSE:SN)’s shares inclined 0.82% to $7.39.
Sanchez Energy Corp (SN) declared the appointment of Jaime Brito as Senior Vice President of Investor Relations, effective June 15, 2015.
Mr. Brito brings more than 20 years of financial and operating experience in the energy sector. Prior to this appointment, Mr. Brito served in various operational roles at Rosetta Resources Inc. counting Forecasting, Regulatory Affairs, GIS Systems and Supply Chain Administration. He has also served in several investor relation positions while at Mariner Energy, Inc. and Halliburton. Mr. Brito earned Bachelor of Science and Master of Science degrees in Civil and Environmental Engineering from Massachusetts Institute of Technology and a Master of Business Administration from Rice University.
Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition, exploration, and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast. It has about 226,000 net leasehold acres in the oil and condensate, or black oil and volatile oil, windows of the Eagle Ford Shale in South Texas; and about 69,000 net leasehold acres in the Tuscaloosa Marine Shale in Mississippi and Louisiana.
Nordic American Tanker Ltd (NYSE:NAT)’s shares gained 3.91% to $17.27.
Nordic American Offshore Ltd. declared that its Board of Directors has declared a dividend of $0.17 per common share for the 2nd quarter 2015. This is the same as for the previous quarter for this newly established company which was stock listed on NYSE June 12, 2014. The payment of dividend is predictable to take place on or about August 19, 2015 to shareholders of record as of August 5, 2015.
Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. As of December 31, 2014, it owned 24 Suezmax crude oil tankers, counting two new buildings under construction. The company was founded in 1995 and is based in Hamilton, Bermuda.
At the end of Tuesday’s trade, Brown & Brown, Inc. (NYSE:BRO)‘s shares dipped -4.26% to $33.00.
Brown & Brown, Inc. (BRO) declared its unaudited financial results for the second quarter of 2015.
Revenues for the second quarter of 2015 under U.S. generally accepted accounting principles (“GAAP”) were $419.4 million, increasing $21.6 million, or 5.4%, as compared to the second quarter of the prior year, with Organic Revenue (as defined below) increasing by 1.9%. Diluted earnings per share under GAAP were $0.43 compared to $0.42 in the second quarter of the prior year, representing a 2.4% increase.
Revenues for the six months ended June 30, 2015 were $823.7 million, increasing $62.3 million, or 8.2%, as compared to the same period of 2014, with Organic Revenue (as defined below) increasing by 2.8%. Diluted earnings per share for the six months ended June 30, 2015 under GAAP were $0.82 compared to $0.78 in the first half of 2014, representing a 5.1% increase.
Brown & Brown, Inc. markets and sells insurance products and services primarily in the United States, in addition to in London, Bermuda, and the Cayman Islands. Its Retail segment provides property insurance regardingphysical damage to property and resultant interruption of business, or extra expense caused by fire, windstorm, or other perils; casualty insurance; fidelity and surety bonds; and life, accident, disability, health, hospitalization, medical, and dental insurance, in addition to risk administration and loss control surveys and analysis, consultation, and claims processing services.
Baidu Inc (ADR) (NASDAQ:BIDU), ended its Tuesday’s trading session with 1.40% gain, and closed at $202.40.
Baidu, Inc. (BIDU), the leading Chinese language Internet search provider, declared that it will report its financial results for the second quarter ended June 30, 2015, after the U.S. market closes on July 27, 2015. Baidu’s administration will hold an earnings conference call at 8:00 PM on July 27, 2015, U.S. Eastern Time (8:00 AM on July 28, 2015, Beijing/Hong Kong Time).
Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries.
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