On Friday, Occidental Petroleum Corporation (NYSE:OXY)’s shares declined -0.34% to $79.77.
Occidental Petroleum Corporation (OXY) will hold a conference call on Wednesday, May 6, 2015, at 10 a.m. Eastern, following the release of its first quarter 2015 financial results.
First quarter 2015 financial results will be accessible through the Investor Relations section of the company’s website concurrent with the SEC filing. An archived edition of the conference call also will be accessible on the website within several hours after the call is accomplished.
Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other.
Ventas, Inc. (NYSE:VTR)’s shares dropped -0.33% to $72.82.
Ventas, Inc. (VTR) stated that normalized Funds From Operations (FFO) for the quarter ended March 31, 2015 raised 20 percent to $387.5 million, from $323.4 million for the comparable 2014 period. Normalized FFO per diluted common share grew eight percent to $1.18 for the quarter ended March 31, 2015, as contrast to $1.09 for the comparable 2014 period. Weighted average diluted shares outstanding for the first quarter of 2015 rose to 329.2 million, contrast to 296.2 million in 2014.
First Quarter 2015 Highlights
- Same-store cash net operating income (NOI) growth for the Companys total portfolio (1,344 assets) was 3.2 percent, expressed in constant currency, for the quarter ended March 31, 2015 contrast to the same period in 2014.
- Total seniors housing operating portfolio (SHOP) NOI was $148.6 million, an enhance of 21 percent over the comparable 2014 period. Same-store SHOP NOI grew 0.9 percent, expressed in constant currency, for the 234 same-store properties over first quarter 2014 results. The year earlier period benefited from $2.2 million in real estate tax credits; without such credit, same-store NOI growth would have been 2.7%.
Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, administration, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada.
At the end of Friday’s trade, JPMorgan Chase & Co. (NYSE:JPM)‘s shares dipped -0.32% to $62.60.
Gordon Smith, Chief Executive Officer of Consumer & Community Banking at JPMorgan Chase & Co. (JPM) will present at the Deutsche Bank Global Financial Services Conference at The Pierre Hotel in New York City, on Tuesday, June 2, 2015, at 9:35 a.m. (Eastern).
JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Administration.
Hershey Co (NYSE:HSY), ended its Friday’s trading session with -0.32% loss, and closed at $94.63.
Hershey Co (HSY) declared the results of its first phase in tracing its global palm oil supply chain. Working in partnership with The Forest Trust (TFT), Hershey has traced its supply chain to more than 94 percent of all the mills that supply its palm and palm kernel oil globally.
Hershey’s supply mapping has given the company insight into its palm oil sources from suppliers originating back to the mill level. This information will assist the company better understand if any sourcing is linked to areas of potential deforestation or social challenges within the production of its palm oil. While Hershey completes its mill-level mapping, the company has begun the next phase of work – mapping its palm oil supply chain back to the plantation level – which it anticipates to complete in 2016.
The Hershey Company manufactures, imports, markets, distributes, and sells confectionery products. The company operates through two segments, North America; and International and Other. It offers chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings, sundae syrups, and beverages; snack items, counting spreads; and gum and mint refreshment products comprising chewing gums and bubble gums.
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