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Thursday 14 May 2015
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Volume Active Stocks to Track: NVIDIA Corporation, (NASDAQ:NVDA), Windstream Holdings, (NASDAQ:WIN), Sprouts Farmers Market, (NASDAQ:SFM), Marathon Oil Corporation, (NYSE:MRO)

On Friday, Shares of NVIDIA Corporation (NASDAQ:NVDA), lost -7.40% to $20.83.

NVIDIA Corporation, will hold its 2015 Annual Meeting of Stockholders at its headquarters in Santa Clara, Calif., on Wednesday, May 20, 2015, at 10:30 a.m. PT. The meeting will take place in Building E, located at 2800 Scott Blvd.

NVIDIA Corporation operates as a visual computing company in the United States, Taiwan, China, the rest of Asia Pacific, Europe, and other Americas. The company operates through two segments, GPU and Tegra Processors. The GPU segment offers processors, which comprise GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla GPU accelerators for researchers, deep learning, and big-data analysts; and GRID for cloud-based streaming on gaming devices.

Shares of Windstream Holdings, Inc. (NASDAQ:WIN), declined -6.61% to $9.18, during its last trading session, hitting its lowest level.

Windstream Holdings, declared it has received the 2014 EMC Americas Innovation Award from EMC Corporation for its expertise and innovation in delivering next-generation, EMC-enabled cloud solutions to new and existing cloud and data center customers. This marks the first year Windstream has received the exclusive recognition.

The award was presented at the 2015 EMC Global Partner Summit in Las Vegas. The Americas Innovation Award recognizes high-achieving EMC business partners across the Americas for surpassing growth expectations and demonstrating a commitment to excellence through innovation and joint business aims.

Windstream Holdings, Inc. provides communications and technology solutions in the United States. It offers managed services and cloud computing services to businesses, in addition to broadband, voice, and video services to consumers primarily in rural markets.

At the end of Friday’s trade, Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM), declined -9.86% to $27.23.

Sprouts Farmers Market, stated results for its 13-week first quarter ended March 29, 2015.

First Quarter Highlights:

  • Net sales of $857.5 million; a 19% enhance from the same period in 2014
  • Comparable store sales growth of 4.8% and two-year comparable store sales growth of 17.6%
  • Net income of $37.5 million and diluted earnings per share of $0.24
  • Adjusted net income of $38.6 million; a 9% enhance from the same period in 2014
  • Adjusted diluted earnings per share of $0.25; a 9% enhance from the same period in 2014
  • Adjusted EBITDA of $84.3 million; a 9% enhance from the same period in 2014.

Sprouts Farmers Market, Inc. operates as a specialty retailer of fresh, natural, and organic food in the United States. The company’s stores offer fresh produce, bulk foods, vitamins and supplements, grocery products, meat and seafood products, deli and bakery products, dairy and dairy alternatives, frozen foods, beer and wine, natural health and body care products, and natural household products.

Finally, Marathon Oil Corporation (NYSE:MRO), ended its last trade with 1.35% gain, and closed at $29.31.

Marathon Oil Corporation, stated a first quarter 2015 adjusted net loss of $253 million, or $0.37 per diluted share, not taking into account the impact of certain items not typically represented in analysts’ earnings estimates and that would otherwise affect comparability of results. The stated net loss was $276 million, or $0.41 per diluted share.

Corporate Highlights

Drilling efficiency, additional service cost reductions and capital reallocation enhancing returns

◦ High-specification rigs in Eagle Ford delivering pacesetter spud-to-total depth results of under seven days

◦ Raised year-to-date captured savings from U.S. unconventional drilling and completions service costs to $250 million, or 17 percent, with more predictable

◦ Reallocating more than $25 million of capital to Oklahoma Resource Basins

Rigorous cost control focus

◦ Reduced North America E&P production costs per barrel of oil equivalent (boe) 17% from fourth quarter 2014, and 28% below the year-ago quarter

◦ First quarter workforce reductions predictable to generate annualized net savings of about $100 million

Strong first quarter execution across all segments

◦ U.S. resource play net production up 11% over previous quarter and 49% over year-ago quarter; total E&P net production (not taking into account Libya) up 4% and 20%, respectively, over the same periods

◦ Brought online first “stack-and-frac” pilot and five Upper Eagle Ford wells

◦ Took part in five high-density spacing pilots in the SCOOP; three in Woodford and two in Springer

◦ Bakken improved completion pilots concluded and results integrated into development plans; initial results of first down spacing pilot encouraging

◦ Recorded 98% average operational availability for Company-operated assets

Continued capital discipline and portfolio administration

◦ Further reduction in 2015 capital, investment and exploration budget from $3.5 billion to $3.3 billion; no change to full-year E&P production guidance

◦ Non-core asset sales targeted to generate at least $500 million

◦ $3.6 billion liquidity at end of first quarter; $1.1 billion in cash.

Marathon Oil Corporation operates as an energy company. It operates in three segments: North America Exploration and Production, International Exploration and Production, and Oil Sands Mining. The North America Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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