On Wednesday, Shares of Ford Motor Co. (NYSE:F), lost -0.96% to $15.41.
On Friday, June 5, Bob Shanks, Ford Motor Company, executive vice president and chief financial officer, will host a “Let’s Chat” forum to talk about key items of interest to the investment community.
Also participating will be Stuart Rowley, Ford vice president and controller, and Neil Schloss, Ford vice president and treasurer as well as industry analysts.
The session will start at 1 p.m. EDT. Following a short presentation, Shanks will host a question-and-answer session with the analysts.
Ford Motor Company manufactures and distributes automobiles worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services vehicles, parts, and accessories.
Shares of Axalta Coating Systems Ltd. (NYSE:AXTA), inclined 2.46% to $33.30, during its last trading session, hitting its highest level.
On May 12, Citigroup Research Firm upgraded Axalta Coating from “Neutral” to “Buy”.
Formerly on may 6, the company released its financial results for the first quarter ended March 31, 2015.
Net sales were $1.0 billion for the first quarter of 2015, an enhance of 5.2% not taking into account negative foreign currency translation, or a decrease of 5.6% on an as-stated basis. Drivers of net sales growth comprised of 4.8% volume enhances, reflecting strong growth in all regions except EMEA, which saw a modest decline in the period largely from lower sales in Russia and Eastern Europe. Higher average selling prices contributed to a modest 0.4% net sales growth, while unfavorable currency translation reduced net sales by 10.8% primarily due to weakness of the Euro and certain currencies in Latin America contrast to the U.S. dollar.
Axalta Coating Systems Ltd., through its auxiliaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry. It operates through two segments, Performance Coatings and Transportation Coatings.
At the end of Wednesday’s trade, Shares of The Walt Disney Company (NYSE:DIS), lost -0.05% to $109.19.
The Walt Disney Archives declared it will celebrate the 60th anniversary of Disneyland at D23 EXPO 2015 with an exhibit of more than 300 pieces from the park’s incredible history. “Walt Disney Archives Presents—Disneyland: The Exhibit” will be the largest display the Disney Archives has ever showcased at D23 EXPO. The event, presented by D23: The Official Disney Fan Club, will take place August 14–16 at the Anaheim Convention Center.
The 12,000-square-foot exhibit, which will be located on the Expo show floor for the first time, will comprise themed areas that honor the park’s history, attractions, parades, and entertainment over the past six decades, counting the construction of Disneyland, Pirates of the Caribbean, Mickey Mouse Club at Disneyland, Club 33, and collectible merchandise, in addition to the park’s iconic lands: Main Street, U.S.A., Fantasyland, Frontierland, New Orleans Square, Tomorrowland, and Critter Country/Bear Country. Each area will contain items from Disneyland’s past, counting attraction vehicles, costumes, props, and even Audio-Animatronics® figures.
The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.
Finally, Energy Transfer Partners, L.P. (NYSE:ETP), ended its last trade with 0.71% gain, and closed at $56.69.
Sunoco, declared financial and operating results for the three months ended March 31, 2015 and offered an update on recent developments.
Adjusted EBITDA totaled $43.7 million as contrast to adjusted EBITDA in the first quarter of 2014 to $15.7 million. Distributable cash flow for the quarter was $29.6 million, contrast to $14.0 million a year ago.
Revenue was $1.1 billion, down 7.1 percent contrast to $1.2 billion in the same period last year. The decline was the result of significantly lower retail and wholesale motor fuel prices, mostly offset by a 40 percent enhance in gallons sold, the contribution of merchandise sales from the MACS and Aloha stores and higher rental income.
Total gross profit was $87.0 million, contrast to $22.1 million in the first quarter of 2014. Key drivers of the enhance were the MACS and Aloha acquisitions together with organic growth in gallons sold.
Net income attributable to partners was $17.1 million, or $0.44 per diluted unit, contrast to $10.1 million, or $0.46 per diluted unit, in the first quarter of 2014.
Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company’s Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas, in addition to through its ET fuel system and HPL system.
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.
