On Wednesday, Shares of Mondelez International, Inc. (NASDAQ:MDLZ), gained 5.16% to $38.70.
Mondelez International, stated its first quarter 2015 results, reflecting continued strong Adjusted Operating Income margin expansion and Adjusted EPS growth on a constant currency basis, in addition to solid Organic Net Revenue growth.
On a stated basis, net revenues were $7.8 billion, down 10.2 percent, counting a negative 14.5 percentage point impact from currency. Operating income was $811 million, down 3.8 percent. Diluted EPS was $0.19, up $0.10.
Organic Net Revenue raised 3.8 percent, as the company raised prices to recover higher input costs, counting the impact of currency. A noteworthy portion of the price enhances comprised of the carryover benefit of pricing actions taken in 2014. While in line with the company’s expectations, volume/mix was unfavorable, largely due to price elasticity in addition to planned decisions to exit certain low-margin product lines, especially in Europe. This was partially offset by a benefit from the shift of Easter-related shipments into the first quarter. Power Brands grew 5.9 percent. Organic Net Revenue from emerging markets3 was up 10.8 percent, while developed markets4 reduced 0.5 percent.
Mondelez International, Inc., through its auxiliaries, manufactures and markets snack food and beverage products worldwide. The company offers biscuits, counting cookies, crackers, and salted snacks; chocolates, and gums and candies; powdered beverages and coffee; and cheese and grocery products.
At the end of Wednesday’s trade, Shares of Regency Energy Partners LP (NYSE:RGP), jumped 5.01% to $23.47.
Energy Transfer Partners, L.P. (ETP) declared that its Board of Directors has approved a $0.02 enhance in its quarterly distribution to $1.015 per ETP common unit ($4.06 annualized) for the quarter ended March 31, 2015.
The quarterly distribution of $1.015 represents a distribution enhance of $0.32 per common unit on an annualized basis, or 8.6%, contrast to the first quarter of 2014 and represents an annualized distribution enhance of $0.08 per common unit contrast to the fourth quarter of 2014. This marks the seventh successive quarter that ETP has raised its distribution. The cash distribution will be paid on May 15, 2015 to unitholders of record as of the close of business on May 8, 2015.
ETP anticipates to release earnings for the first quarter of 2015 on Wednesday, May 6, 2015, after the market closes.
ETE owns the general partner and 100% of the IDRs of Regency Energy Partners LP (RGP) and about 57.2 million RGP common units.
Regency Energy Partners LP engages in the gathering and processing, compression, treating, and transportation of natural gas; and transportation, fractionation, and storage of natural gas liquids (NGLs).
Total System Services, Inc. (NYSE:TSS), ended its last trade with 4.77% gain, and closed at $40.22, hitting its highest level.
Total System Services, stated results for the first quarter.
Highlights for the first quarter of 2015 comprise:
- Adjusted earnings per share (EPS) from ongoing operations were $0.54, an enhance of 41.2%. On a GAAP basis, basic EPS from ongoing operations were $0.42, an enhance of 60.4%.
- Income from ongoing operations attributable to TSYS’ shareholders was $77.8 million, an enhance of 57.7%.
- Adjusted EBITDA was $193.5 million, an enhance of 29.3%.
- Total revenues for the quarter were $662.2 million, an enhance of 11.7%. Revenues before reimbursable items were $595.8 million, an enhance of 11.8%.
- Adjusted operating margin was 25.9%. GAAP operating margin was 18.5%.
Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions in the United States, Europe, Canada, Mexico, and internationally. It operates through four segments: North America Services, International Services, Merchant Services, and NetSpend.
Finally, SINA Corporation (NASDAQ:SINA), closed at $42.11, with 4.70% gain.
SINA Corporation, declared that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2014 with the U.S. Security and Exchange Commission on April 29, 2015.
SINA Corporation, through its auxiliaries, operates as an online media company in the People’s Republic of China. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, counting multimedia news, sporting events news, automobile-related news, business news coverage and personal finance columns, entertainment news and events, technology updates, digital products reviews, luxury goods and services, collectibles, and video products, in addition to an interactive platform for fashion-conscious users to share comments and ideas on health, cosmetics, and beauty topics.
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