On Friday, RCS Capital Corp (NYSE:RCAP)’s shares declined -3.59% to $9.39, as RCS Capital Corporation, declared that its wholesale broker-dealer auxiliaries, Realty Capital Securities, LLC, SC Distributors, LLC and The Hatteras Funds raised about $476.3 million of total equity capital in the month of March through 30 direct investment programs and registered investment companies, an raise of 45.7% from the $326.8 million raised in February 2015. Total equity raised during the first quarter of 2015 was $1.1 billion.
RCS Capital Corporation engages in the independent retail advice, wholesale distribution, investment banking, capital markets, investment administration, and investment research businesses.
Hercules Offshore, Inc. (NASDAQ:HERO)’s shares dropped -3.55% to $0.810, during the last trading session on Friday, as Hercules Offshore, declared that it has signed a five-year contract with a partner of Eni S.p.A. for use of the Hercules 260 in West Africa. The dayrate under the contract will range from a minimum of $75,000 per day when the price of Brent crude oil is $86 or less per barrel, to a maximum of $125,000 per day when the price of Brent crude oil is $125 or more per barrel. Contract commencement is predictable in early April 2015. Costs for contract specific upgrades will be reimbursed by the operator.
Hercules Offshore, Inc., together with its auxiliaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide. The corporation operates through Domestic Offshore, International Offshore, and International Liftboats segments.
At the end of Friday’s trade, 500.com Ltd (NYSE:WBAI)‘s shares dipped -3.44% to $16.55, as 500.com, made a declaration in furtherance to the declaration the Corporation made on April 3, 2015. The Corporation wants to restate that it was one of the two entities approved by the Ministry of Finance in 2012 to provide online lottery sales services on behalf of the China Sports Lottery Administration Center. In particular, such approval mandated that the China Sports Lottery Administration Center use its best effort to develop an online lottery sales administration system as part of a pilot program for online lottery sales in China, and once such a administration system is finished, the China Sports Lottery Administration Center should apply again for approval from the Ministry of Finance for official commencement of online lottery sales in China. The Corporation notes it has been working and will continue to work with the China Sports Lottery Administration Center to develop such a administration system. To the best of the Corporation’s knowledge, the approval by the Ministry of Finance for the Corporation to provide online lottery sales services on behalf of the China Sports Lottery Administration Center is valid and has not been revoked or amended as of the date of this declaration.
500.com Limited provides online sports lottery services in the Peoples Republic of China. It operates as an aggregator and processor of lottery purchase orders from its registered user accounts.
UTi Worldwide Inc. (NASDAQ:UTIW), ended its Friday’s trading session with -4.11% loss, and closed at $9.57, as UTi Worldwide, stated financial results for the fourth quarter and fiscal year ended January 31, 2015.
Fiscal Full Year 2015 vs. 2014 Results
- Proceeds reduced 5.8% to $4,179.8 million from $4,435.6 million
- Net proceeds (proceeds minus purchased transportation costs) reduced 4.0% to $1,457.6 million from $1,517.8 million
- On a constant currency basis, proceeds reduced 3.2% percent and net proceeds reduced 0.5%, respectively
- Net loss attributable to UTi Worldwide Inc. raised to $203.2 million from $83.3 million
- Diluted loss per share raised to $2.04 from $0.80 per diluted ordinary share
- Severance and other costs raised to $51.2 million from $29.6 million
- Earnings before interest, taxes, depreciation and amortization, not including severance and other costs (adjusted EBITDA), reduced to $20.2 million from $90.7 million.
UTi Worldwide Inc. operates as a non-asset-based supply chain services and solutions corporation. It operates through two segments, Freight Forwarding, and Contract Logistics and Distribution.
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