On Friday, Shares of Navios Maritime Partners L.P. (NYSE:NMM), lost -12.12% to $6.96.
Navios Maritime Holdings Inc., stated financial results for the second quarter and six months ended June 30, 2015.
Angeliki Frangou, Chairman and Chief Executive Officer, stated, “We are happy to report revenue of $119.8 million and EBITDA of $32.7 million for the second quarter of 2015. We also declared a $0.06 dividend per share, representing a yield of 7.5%. We are one of the few companies that has consistently returned capital to our investors, whether through dividends or stock repurchases, even during volatile market periods.”
Dividend Policy
On August 17, 2015, the Board of Directors declared a quarterly cash dividend for the second quarter of 2015 of $0.06 per share of common stock. The dividend is payable on September 25, 2015 to stockholders of record as of September 18, 2015. The declaration and payment of any further dividends remain subject to the discretion of the Board and will depend on, among other things, Navios Holdings’ cash requirements after taking into account market opportunities, restrictions under its credit agreements, indentures and other debt obligations and such other factors as the Board may deem advisable.
Navios Maritime Partners L.P. owns and operates dry cargo vessels in Europe, Asia, North America, and Australia. It provides seaborne transportation services for a range of drybulk commodities that comprise iron ore, coal, grain, and fertilizers, in addition to charters its vessels under medium to long-term charters.
Shares of Citrix Systems, Inc. (NASDAQ:CTXS), declined -2.57% to $73.91, during its last trading session.
At Synergy, Citrix previewed Citrix Workspace Cloud, showing the first cloud platform that will enable IT to cope with the increasing pressure to provide IT resources on demand to their user community. Citrix Workspace Cloud enables business productivity by providing IT with the fastest and easiest way to manage and securely deliver apps and data from their choice of cloud or hybrid infrastructure. After enabling thousands of channel partners and customers to test-drive the product, and after providing early access to trial customers, Citrix is making Workspace Cloud generally accessible with service packages accessible for production deployments.
Since May 2015, thousands of customer and partner test drives and trials have offered feedback to ensure the services are simple, fast, and easy to deploy, while delivering a superior, intuitive user experience. Initial Citrix Workspace Cloud trials have yielded accolades highlighting how Citrix Workspace Cloud makes desktop virtualization rollouts faster and easier. In some cases, administrators have been able to stand up a complete Citrix virtual desktop environment for about 50 users in a matter of minutes. The cloud-based platform simplified the virtual app and desktop deployment process by eliminating the need to build the hosting infrastructure and configure the virtual app and desktop components.
Most cloud services put administration and workloads in one cloud for their convenience, forcing IT to relinquish control of workload location. Citrix Workspace Cloud counters that approach with a unique control-plane architecture that keeps IT in control of where to deploy and run workloads. Additionally, by delivering all administration via the cloud, Citrix Workspace Cloud gives channel partners raised flexibility to add services to their portfolio. The platform makes it even easier and faster for them to design and deploy customized solutions.
Citrix Systems, Inc. provides virtualization, mobility administration, networking, and Software as Service solutions worldwide. The company’s Enterprise and Service Provider division offers XenMobile Enterprise, a solution to manage mobile devices, apps, and data; XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; Citrix XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients; and Citrix Workspace Suite, a business mobility solution that delivers the user experience for any app or desktop.
At the end of Friday’s trade, Shares of Diageo plc (ADR) (NYSE:DEO), lost -3.14 % to $105.67.
Diageo, declared the commencement of the Learning Skills for Life (LSFL) hospitality training program in Houston, Texas. The program, designed to train unemployed and underemployed individuals, provides both life and business skills needed to secure employment in the hospitality industry. Diageo is collaborating with the Conrad N. Hilton College of Hotel and Restaurant Administration at the University of Houston to facilitate the program. Additional partners in the initiative are U.S. Vets, the nation’s largest nonprofit provider of comprehensive services to homeless and at-risk veterans; Houston Launch Pad, a nonprofit organization that provides job development, skills training and transitional housing; Glazers, Inc., beverage distributors; and Combs Wines and Spirits
The inaugural cohort of seven students began this summer, and all participants are local veterans of at least 21 years of age. During the six-week program, students will receive intensive training in the hospitality industry. Additionally, participants will be taught valuable life skills such as managing personal finances, interviewing, working in a team environment, and writing resumes and cover letters. Each student will also receive interview apparel courtesy of Dignity U Wear.
“The ultimate aim of the Learning Skills for Life Houston program is to assist prepare veterans for stable and successful careers in the hospitality industry, and Diageo is excited to bring this opportunity-rich program to the Houston market,” said Dr. Danielle Robinson, Diageo’s Alcohol Policy Director. “We are honored to have the opportunity to give back to servicemen and women who have served our country.”
Diageo plc produces, markets, and sells alcoholic beverages worldwide. It offers scotch and Irish whiskey, gin, vodka, rum, beer and spirits, Irish cream liqueurs, wine, Raki, tequila, Canadian and American whiskey, Cachaça, and brandy, in addition to adult beverages and ready to drink products.
Finally, Alaska Air Group, Inc. (NYSE:ALK), ended its last trade with -3.59% loss, and closed at $76.17.
Alaska Air Group has named Brooke DeBay managing director of audit programs. DeBay will oversee internal audit, the internal evaluation program and enterprise risk administration for both airlines.
DeBay joined Alaska Airlines in 2007 in the Internal Audit Department and served as internal auditor, lead internal auditor, internal audit manager and, since 2010, as director of internal audit.
“Brooke is a skilled auditor who exhibits unwavering integrity and leadership,” said Brandon Pedersen, executive vice president of finance and CFO for Alaska Air Group. “She understands our business at a detailed level and can see the big picture.”
Alaska Air Group, Inc., through its auxiliaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through Alaska Mainline and Alaska Regional segments.
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