Active Stocks News Buzz: CVS Health Corp (NYSE:CVS), Fiat Chrysler Automobiles NV (NYSE:FCAU), Baytex Energy Corp (USA) (NYSE:BTE)

Active Stocks News Buzz: CVS Health Corp (NYSE:CVS), Fiat Chrysler Automobiles NV (NYSE:FCAU), Baytex Energy Corp (USA) (NYSE:BTE)

- in Business & Finance
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On Tuesday, Shares of CVS Health Corp (NYSE:CVS), lost -0.24% to $97.75.

The first Minute Clinic walk-in medical clinics have come to Springfield, Missouri. Two clinics have opened inside CVS/pharmacy stores on the edge of the Missouri State University campus on Elm Street and in Southern Hills. Missouri State Senator Jay Wasson and Representative Eric Burlison will take part in a ribbon-cutting recently at the clinic near the university campus.

A third Minute Clinic in Springfield will start seeing patients Nov. 18 and a fourth location will open in December. The clinics join 21 other Minute Clinic locations in Missouri found inside select CVS/pharmacy stores in the Kansas City and St. Louis metropolitan areas. Nationwide, Minute Clinic, the largest provider of walk-in medical clinics in the United States, has more than 1,000 locations in 33 states and the District of Columbia.

CVS Health Corporation, together with its auxiliaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments.

Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), declined -1.13% to $14.05, during its last trading session.

FCA US Belvidere Assembly Plant Teams Up with PepsiCo Recycling to Improvement Recycling Effort While Supporting Disabled Veterans.

  • Partnership encourages plant employees in Illinois to make an impact through simple act of recycling beverage containers
  • Recycling initiative assists support program that teaches disabled U.S. veterans about small business administration
  • FCA US has long history of supporting the military

As the nation pauses to honor its veterans on Nov. 11, the FCA US Belvidere Assembly Plant (Ill.), with assistance from PepsiCo Recycling, is launching a new program that will not only make recycling more convenient for its employees, but also assist support disabled U.S. veterans.

Through the PepsiCo Recycling program, new recycling bins have been located in high traffic areas throughout the Belvidere plant. The materials collected in PepsiCo Recycling bins, counting recyclables from Belvidere, assist support PepsiCo Recycling’s partnership with the Entrepreneurship Bootcamp for Veterans with Disabilities (EBV), which provides training in entrepreneurship and small business administration to post-9/11 veterans with disabilities. PepsiCo has donated $1.5 million to EBV since 2010.

“In a plant with nearly 4,500 employees that runs six days a week, we knew we were putting thousands of recyclable cans and bottles into trash containers destined for landfills each day and were looking for a way to change that behavior,” said Michael Keefe, Belvidere’s Environment Lead. “Through the partnership with PepsiCo Recycling and with the support of our UAW partners, our employees can feel like they are making a real difference in our environment and giving back to those who gave so much to protect our way of life.”

With only 12 percent of public space presently offering beverage container recycling solutions, the partnership between the Belvidere plant and PepsiCo is an important step in increasing the availability of recycling at the plant and engaging employees, of whom 8 percent are veterans themselves, to be part of this initiative.

Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.

Finally, Shares of Baytex Energy Corp (USA) (NYSE:BTE), ended its last trade with -2.35% loss, and closed at $4.58.

Baytex Energy Corp., reports its operating and financial results for the three and nine months ended September 30, 2015.

“During the third quarter, we continued to position our company to withstand the current low commodity price environment. Consistent with our revised plans for 2015, we moved forward with a slower pace of development in the Eagle Ford and suspended heavy oil drilling in Canada. We remained focused on cost reduction initiatives across all of our operations and maintaining strong levels of financial liquidity. We have built an exceptional asset base focused on crude oil and liquids with a noteworthy inventory of development prospects. We are well positioned for success as oil prices improve,” commented James Bowzer, President and Chief Executive Officer.

Highlights

  • Generated production of 82,170 boe/d (81% oil and NGL) in Q3/2015;
  • Delivered funds from operations (“FFO”) of $105.1 million ($0.51 per share) in Q3/2015;
  • Realized an operating netback (sales price less royalties, production and operating expenses, and transportation expenses) in Q3/2015 of $15.57/boe ($18.90/boe counting financial derivative gains);
  • Produced about 39,000 boe/d in the Eagle Ford with 14 wells brought onstream during the quarter generating average 30-day initial production rates of about 1,350 boe/d;
  • Realized drilling cost savings in the Eagle Ford of greater than 10% for the second successive quarter (an overall reduction of 27% contrast to 2014); and
  • Maintained strong levels of financial liquidity with the suspension of our dividend and about $1.05 billion in undrawn capacity on our credit facilities.

Baytex Energy Corp., an oil and gas company, engages in the acquisition, development, exploitation, and production of oil and natural gas in the Western Canadian Sedimentary Basin and the United States. The company offers heavy oil, light oil, condensate, and natural gas liquids.

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