On Friday, Shares of Southwestern Energy Company (NYSE:SWN), lost -6.10% to $18.55.
In conjunction with Southwestern Energy Company’s 2015 Second Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Tuesday, July 28, 2015, at 10:00 a.m. EDT.
Southwestern Energy Company explores, develops, and produces natural gas and oil in the United States. The company operates in two segments, Exploration, Development and Production; and Midstream Services. It focuses on the Fayetteville Shale, an unconventional natural gas reservoir covering about 888,161 net acres in Arkansas; and the Marcellus Shale, an unconventional natural gas reservoir covering about 266,073 net acres in northeast Pennsylvania.
Shares of E*TRADE Financial Corp (NASDAQ:ETFC), declined -3.06% to $28.52, during its last trading session.
E*TRADE Financial Corporation, declared results for its second quarter ended June 30, 2015, reporting net income of $292 million, or $0.99 per diluted share. This compares to $40 million, or $0.14 per diluted share, in the preceding quarter and net income of $69 million, or $0.24 per diluted share, in the second quarter of 2014. Not taking into account a $220 million income tax benefit related to finalizing an IRS audit, net income would have been $72 million(1), or $0.25 per diluted share(1). This compares with adjusted net income of $85 million(1), or $0.29 per diluted share(1), in the preceding quarter which excludes a charge related to early extinguishment of corporate debt. Total net revenue of $445 million reduced from $456 million in the preceding quarter and raised from $438 million in the second quarter of 2014.
“We had a sound second quarter as we continued to make progress on key customer and capital initiatives,” said Paul Idzik, Chief Executive Officer. “Despite slower trading volumes across the industry, our business continued to grow, with customer margin receivables just below record highs and total customer assets surpassing $300 billion. We maintained our steady drumbeat of customer-led innovations, and on the capital front, we performed well in our second annual Dodd-Frank Act Stress Tests, distributed more than $140 million in capital to the parent, and recently finalized the move of our clearing broker out from under our bank. I am encouraged by the runway we’ve established and by the team’s ability to continue driving value for our customers and owners.”
E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Administration.
Finally, Aramarkb (NYSE:ARMK), ended its last trade with -0.66% loss, and closed at $31.79.
Aramark and 77 of its higher education partners recycled more than 16.6 million pounds of waste in the 2015 RecycleMania competition, an annual competition for college and university recycling programs aimed at promoting waste reduction on campuses.
Aramark, the $15 billion global provider of award-winning services in food, facilities administration, and uniforms, collaborates with its higher education clients each year as part of its commitment to environmental sustainability, with waste minimization efforts being a major focus. RecycleMania provides an opportunity for Aramark and its partners to celebrate their progress in minimizing waste, and recognize the accomplishments of the colleges and universities that take part.
Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients primarily in North America. The company offers managed services, counting dining, catering, food service administration, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction administration, and capital project administration. It also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, planned/technical, energy and supply chain administration, purchasing, and central transportation.
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