On Wednesday, Shares of Twitter, Inc. (NYSE:TWTR), gained 0.64% to $37.72.
According to Los Angelis Times, Biz Stone knows abandoning a struggling project to try something else can be a smart move. After all, he was part of a team that dumped the seldom-heard podcasting service Odeo nearly a decade ago to work on a new idea called Twitter that transformed how people communicate and made him a multimillionaire.
Stone is hoping his latest change in direction pays off as he heads down a new path at Jelly Industries, a San Francisco startup he launched shortly after leaving Twitter three years ago.
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. It offers various products and services for users, counting Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos.
Shares of Pacific Ethanol, Inc. (NASDAQ:PEIX), inclined 10.29% to $13.40, during its last trading session.
Pacific Ethanol, stated its financial results for the three-months ended March 31, 2015.
Financial Results for the Three Months Ended March 31, 2015
Net sales were $206.2 million for the first quarter of 2015, a decrease of 19% when contrast to $254.5 million for the first quarter of 2014. The decline in net sales was attributable to a decrease in the company’s average sales price per gallon of ethanol, partially offset by an enhance in production gallons sold reflecting the restart of production at the company’s Madera facility in the second quarter of 2014.
Gross loss was $1.0 million for the first quarter of 2015, contrast to a gross profit of $38.5 million in the first quarter of 2014. The decline in gross profit was driven by significantly reduced production margins contrast to the preceding year resulting from lower ethanol prices.
Operating loss for the first quarter of 2015 was $5.9 million, contrast to operating income of $34.9 million for the first quarter of 2014.
Fair value adjustments for the first quarter of 2015 were $0.2 million, contrast to $35.8 million for the first quarter of 2014.
Pacific Ethanol, Inc. produces and markets low-carbon renewable fuels in the Western United States. It sells ethanol primarily to gasoline refining and distribution companies. The company also provides ethanol transportation, storage, and delivery services through third-party service providers.
At the end of Wednesday’s trade, Shares of Toll Brothers Inc. (NYSE:TOL), lost -0.63% to $36.35.
Toll Brothers, will broadcast live on its website, www.tollbrothers.com, a conference call to talk about its FY 2015 second quarter results. The event is planned for 11:00 A.M. (EDT) on Wednesday, May 27, 2015.
Toll Brothers, Inc., together with its auxiliaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities in the Unites States. It is also involved in building and selling homes in urban infill markets.
Finally, Pan American Silver Corp. (NASDAQ:PAAS), ended its last trade with 3.59% gain, and closed at $10.10.
Pan American Silver, declared the voting results from its annual general and special meeting of shareholders held on Monday, May 11, 2015 in Vancouver, British Columbia.
A total of 108,494,058 shares were represented at the meeting, being 71.55% of the Company’s issued and outstanding common shares. Shareholders voted in favor of all matters brought before the meeting, counting the appointment of auditors for the ensuing year and the authorization of the directors to fix the remuneration payable to the auditors, the acceptance of the Company’s approach to executive compensation, otherwise known as say-on-pay, the amendments to the Company’s 2010 Stock Option and Compensation Share Plan, and the election of administration’s nominees as directors.
Pan American Silver Corp., together with its auxiliaries, operates and develops, and explores for silver producing properties and assets in Mexico, Peru, Argentina, and Bolivia. The company also produces and sells gold, zinc, lead, and copper.
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