On Wednesday, Shares of Weingarten Realty Investors (NYSE:WRI), gained 3.32% to $32.09.
Weingarten Realty Investors declared its third quarter 2015 earnings would be released after the market closes on Thursday, October 29, 2015. Senior Administration will host a quarterly earnings conference call on Friday, October 30, 2015 at 10:00 a.m. Central Time.
Weingarten Realty Investors is a publically owned equity real estate investment trust. The firm invests in the real estate markets of United States. The firm engages in ownership, administration, acquisition, development, and redevelopment.
Shares of NCR Corporation (NYSE:NCR), inclined 3.64% to $23.94, during its last trading session.
NCR Corporation declared that Stanz Foodservice, a family-owned, regional foodservice distributor located in South Bend, Ind., would continue its technology leadership by using NCR Power Mobile to improve its ordering process. The mobile-enabled customer relationship administration application will allow Stanz Foodservice’s customers to easily place orders using their own mobile devices and track the entire ordering process while on the go.
NCR Power Mobile gives Stanz Foodservice’s customers and sales representatives improved visibility at every stage of the ordering process with real time status updates on product data, promotions, new item lines and the ability to track order status from point of entry through delivery and payment. NCR Power Mobile will integrate with other NCR enterprise software already in use at Stanz Foodservice, counting Power Enterprise, Power Warehouse, Power Buy, Power Net and Power Sell.
“We have a tradition of leveraging technology innovations to improve our customers’ experience, and we believe our customers will find great value in extending their ordering and product administration capabilities to their mobile devices,” said Mark Harman, president, Stanz Foodservice. “Our customers increasingly are younger professionals who expect mobile engagement with their providers. NCR Power Mobile will assist us be first in our markets to deliver on these expectations while still offering more traditional ordering options through Power Net and Power Sell.”
NCR Corporation, a technology company, provides solutions and services that enable businesses to connect, interact, and transact with their customers worldwide. The company operates through four segments: Financial Services, Retail Solutions, Hospitality, and Emerging Industries.
At the end of Wednesday’s trade, Shares of Lannett Company, Inc. (NYSE:LCI), gained 7.37% to $50.09.
Lannett Company stated financial results for its fiscal 2015 fourth quarter and full year ended June 30, 2015. On June 1, 2015, the company accomplished the acquisition of Silarx Pharmaceuticals, Inc. The financial results presented below comprise about one month of operations for Silarx, which were not material.
For the fiscal 2015, fourth quarter, net sales rose 23% to $99.3 million from $80.6 million in last year’s fourth quarter. Gross profit raised 29% to $72.0 million, or 72% of net sales, from $55.9 million, or 69% of net sales. Research and development (R&D) expenses rose to $7.0 million from $6.6 million for the fiscal 2014 fourth quarter. Selling, general, and administrative (SG&A) expenses were $13.9 million, which comprised of $1.6 million of acquisition-related expenses, contrast with $12.0 million. Operating income grew 37% to $51.0 million from $37.4 million. Net income attributable to Lannett Company raised 44% to $33.9 million, or $0.91 per diluted share, from $23.5 million, or $0.64 per diluted share, for the preceding year fourth quarter.
“Our fourth quarter performance was in line with expectations and reflects higher sales and gross margin across a number of product categories,” said Arthur Bedrosian, chief executive officer of Lannett. “We have now stated fourteen successive quarters in which net sales and adjusted EPS exceeded the comparable preceding-year period.
Lannett Company, Inc. develops, manufactures, packages, markets, and distributes generic versions of branded pharmaceutical products in the United States. It offers solid oral, extended release, topical, and oral solution finished dosage forms of drugs that address a range of therapeutic areas.
Finally, Campbell Soup Company (NYSE:CPB), ended its last trade with 2.77% gain, and closed at $47.43.
Campbell Soup Company, invited interested shareholders, investors, members of the media and consumers to listen to and view the slides accompanying its fourth quarter and full-year fiscal 2015 earnings call, which will be webcast live over the Internet on Thursday, Sept. 3, 2015 at 8:30 a.m. EDT. The call will follow the company’s fourth quarter and full-year fiscal 2015 earnings release, which it plans to distribute earlier the same day.
Campbell Soup Company, together with its auxiliaries, manufactures and markets convenience food products. It operates through U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages; and Bolthouse and Foodservice segments.
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