On Monday, Shares of Denbury Resources Inc. (NYSE:DNR), lost -3.89% to $7.41, after the independent oil and gas company stated a noteworthy first-quarter revenue miss.
The company stated adjusted net income of $23 million, or 7 cents per diluted share, down from $93 million, or 27 cents per diluted share, in the same period one year earlier. Revenue fell to $304 million from $480 million year-over-year.
Analysts polled by Thomson Reuters had predictable earnings of 7 cents a share on revenue of $440.48 million.
Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on improved oil recovery utilizing carbon dioxide. It holds properties located in Mississippi, Texas, Louisiana, and Alabama in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region.
Shares of Netflix, Inc. (NASDAQ:NFLX), inclined 2.67% to $589.95, during its last trading session, hitting its highest level.
Netflix, declared that Ted Sarandos, Chief Content Officer, will present at the 2nd Annual Moffett Nathanson Media & Communications Summit on Wednesday, May 13, 2015. Mr. Sarandos is planned to present at 7:00 a.m. Pacific Time / 10:00 a.m. Eastern Time.
Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.
At the end of Monday’s trade, Shares of Johnson Controls Inc. (NYSE:JCI), gained 0.24% to $50.34.
On April 23, Johnson Controls, stated net income of $529 million, or $0.80 per share, on $9.2 billion in revenues. Not taking into account transaction / integration costs and non-recurring items, the Company said that diluted earnings per share in the 2015 quarter were $0.77, up 17 percent contrast with $0.66 in the same quarter last year. As a result of the formerly declared sale of its Global Workplace Solutions (GWS) business, the Company has reclassified GWS results to suspended operations and preceding year financial statements have been revised accordingly.
Johnson Controls, Inc. operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, in addition to building administration systems, controls, and security and mechanical equipment.
Finally, Prudential Financial, Inc. (NYSE:PRU), ended its last trade with 1.39% gain, and closed at $86.77.
Prudential Real Estate Investors has attained the retail and office portion of Mercato, a mixed-use retail lifestyle center in Naples, Fla., on behalf of institutional investors, the company declared recently. PREI is the real estate investment and advisory business of Prudential Financial, Inc. (PRU).
Terms of the transaction were not revealed.
Built between 2007 and 2009, Mercato comprises 456,359 square feet of Class A open-air retail and office space. The center is easily accessible from multiple locations throughout Southwest Fla., and is in close proximity to several luxury hotels, resorts and golfing communities.
The retail portion of Mercato is anchored by Whole Foods Markets, Nordstrom Rack, and a 12-screen cinema and features a mix of casual and upscale dining counting The Capital Grille and McCormick & Schmick’s, in addition to national retailers such as Sur La Table and The Paper Source. The office portion is occupied by national tenants counting Wells Fargo, Bank of America, and Merrill Lynch, in addition to regional law and financial services firms.
Madison Marquette has been retained as the property manager and leasing broker for the retail and office space.
Prudential Financial, Inc. provides insurance, investment administration, and other financial products and services to individual and institutional customers in the United States and internationally. The company principally offers life insurance, annuities, retirement-related services, mutual funds, and investment administration products.
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