On Friday, Shares of Bitauto Hldg Ltd (ADR) (NYSE:BITA), gained 5.31% to $65.01.
Bitauto Hldg, declared its unaudited financial results for the first quarter 2015 ended March 31, 2015.
First Quarter 2015 Highlights
- Revenue in the first quarter of 2015 was RMB701.3 million (US$113.1 million), a 98.4% enhance from the corresponding period in 2014.
- Gross profit in the first quarter of 2015 was RMB477.3 million (US$77.0 million), a 66.3% enhance from the corresponding period in 2014.
- Non-GAAP profit in the first quarter of 2015 was RMB18.0 million (US$2.9 million), a 60.3% decrease from the corresponding period in 2014.
- Non-GAAP basic and diluted profit per ADS in the first quarter of 2015 was RMB0.29 (US$0.05) and RMB0.23 (US$0.04), respectively.
Bitauto Holdings Limited provides Internet content and marketing services for the automotive industry in the People,s Republic of China. The company operates in four segments: bitauto.com Advertising Business, EP Platform Business, taoche.com Business, and Digital Marketing Solutions Business.
Shares of DDR Corp (NYSE:DDR), inclined 0.17% to $ 17.25, during its last trading session.
DDR Corp , declared that President and CEO David J. Oakes will present at the annual NAREIT Investor Forum in New York. The Company’s presentation is planned for Wednesday, June 10, 2015, from 3:30pm - 4:00pm ET and can be accessed live via the following webcast: https://reitstream.com/reitweek2015/ddr.
The presentation will also be archived and accessible for replay on DDR’s website at ir.ddr.com.
DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers.
At the end of Friday’s trade, Shares of Planned Hotels and Resorts Inc (NYSE:BEE), gained 0.08% to $ 12.40.
Planned Hotels and Resorts, declared that the Company has closed on the sale of the Hyatt Regency La Jolla for $118.0 million. The company formerly owned a 53.5% interest in the asset. At closing, the joint-venture stepped down $89.2 million of debt secured by the hotel. The Company will use the proceeds from the sale to reduce outstanding indebtedness on its revolving credit facility.
Planned Hotels & Resorts, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It is owner and asset manager of the highest quality portfolio of upper-upscale and luxury hotels and resorts.
Finally, Colgate-Palmolive Company (NYSE:CL), ended its last trade with -0.46% loss, and closed at $ 68.50.
Colgate-Palmolive Chairman, President and CEO, Ian Cook, will present on Thursday, May 28, 2015 at 8:00 a.m. ET at the Bernstein 31st Annual Planned Decisions Conference.
Colgate-Palmolive Company, together with its auxiliaries, manufactures and markets consumer products worldwide. It operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. It offers oral care products, counting toothpastes, toothbrushes, and mouthwashes, in addition to pharmaceutical products for dentists and other oral health professionals.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
