On Friday, Shares of Halliburton Company (NYSE:HAL), gained 3.80% to $48.11.
Halliburton Company, will host a conference call on Monday, July 20, 2015, to talk about the second quarter 2015 financial results. The call will start at 8:00 AM Central Time (9:00 AM Eastern Time).
Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation.
Shares of American Realty Capital Properties, Inc. (NASDAQ:ARCP), inclined 1.62% to $9.07, during its last trading session.
American Realty Capital Properties, declared its operating results for the three months ended March 31, 2015.
First Quarter 2015 Merged Financial Results
- Merged Revenue for the quarter ended March 31, 2015 raised $72.8 million to $394.0 million as contrast to revenue of $321.2 million for the same quarter in 2014.
- Merged Net Loss for the quarter ended March 31, 2015 reduced $275.1 to ($30.7) million as contrast to a net loss of ($305.8) million for the same quarter in 2014.
- Merged normalized EBITDA for the quarter ended March 31, 2015 raised $107.2 to $316.1 million as contrast to normalized EBITDA of $208.9 million for the same quarter in 2014.
- Funds From Operations (“FFO”) for the quarter ended March 31, 2015 raised $339.8 million to $195.0 million, or $0.21 per diluted share, as contrast to ($144.8) million, or ($0.24) per diluted share, for the same quarter in 2014.
- Adjusted Funds From Operations (“AFFO”) for the quarter ended March 31, 2015 raised $85.3 million to $200.1 million, or $0.22 per diluted share, as contrast to $114.8 million, or $0.19 per diluted share, for the same quarter in 2014.
American Realty Capital Properties, Inc. owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants.
At the end of Friday’s trade, Shares of Southwest Airlines Co. (NYSE:LUV), gained 2.68% to $43.23.
Southwest Airlines, shows its continued commitment to the Asian Pacific American community through its celebration of Asian Pacific American Heritage Month in May. The Company is hosting an array of activities throughout the month of May and will continue celebrating Asian Pacific American Heritage all year long.
“At Southwest Airlines, we have a passion for People,” said Ellen Torbert, Southwest Airlines’ Vice President of Diversity and Inclusion. “We recognize that diversity of thought comes from the unique backgrounds of our Employees and Customers. We enjoy the opportunity to celebrate Asian Pacific American Heritage throughout the month of May, and our commitment proudly continues throughout the year through the many community events we sponsor in the Asian Pacific American community.”
Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft.
Finally, QUALCOMM Incorporated (NASDA:QCOM), ended its last trade with 1.43% gain, and closed at $69.41.
Cubic Telecom, a global Machine to Machine (M2M) connectivity platform provider, declared that it has secured a €18 million co-investment from Audi Electronics Venture GmbH (AEV), a partner of AUDI AG focused on investing in innovative technologies, and Qualcomm Incorporated (QCOM), a world leader in 3G, 4G and next-generation wireless technologies.
AEV and Qualcomm have invested in Cubic’s leading cloud-based machine-to-machine (M2M) platform. AEV will join existing investors Sierra Wireless, ACT Venture Capital, TPS Investment Limited and Enterprise Ireland. This is Qualcomm’s fourth investment in Cubic, highlighting the strength of the partnership between the two organizations. Enterprise Ireland, a government development agency, was a very early supporter of Cubic Telecom and their involvement has enabled Cubic to expand into international markets. Cubic Telecom was advised by Arthur Cox, KPMG Corporate Finance (Dublin), and Trasna Consulting.
With this round of financing, Cubic Telecom will continue to invest in its unique software platform and global connectivity network, in addition to focusing on expanding its operations across the world to meet the demands and global footprint requirements of its rapidly expanding customer base.
Commenting on the investment, Peter Steiner, Head of AEV, spoke about the partnership. “Audi and Cubic Telecom are strong development partners of new infotainment solutions and intend to connect the models of the Audi brand even better with its environment and the Internet in the future.”
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI).
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