On Thursday, Shares of Ford Motor Co. (NYSE:F), lost -0.72% to $15.10.
Ford Motor stated its 2015-second quarter financial results.
Highlights Comprise:
- Outstanding second quarter; company on track for a breakthrough year
- Pre-tax profit of $2.9B, up $269M or 10 percent from a year ago not taking into account last year’s special item charges
- Net income of $1.9B, up $574M or 44 percent from a year ago
- After-tax earnings per share of 47 cents, up 7 cents from a year ago not taking into account last year’s special item charges
- Best Automotive quarterly profit since 2000
- Wholesale volume up 2 percent, driven by North America and Europe
- Automotive revenue about equal, with higher net pricing and volume offset by unfavorable translation effects of the strong U.S. dollar on international operations
- Global market share grew to 7.6 percent, up one-tenth of a percentage point from a year ago
- 12 of 16 planned global new product launches accomplished; remainder on track
- Introduced SYNC® 3, the all-new communications and entertainment system
- Continued strong profit at Ford Credit; pre-tax profit of $506M
- Ford Smart Mobility plan moved from research to start of implementation; Ford Credit launched car-sharing pilot in six U.S. cities and London.
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 American Airlines Group Inc. (NASDAQ:AAL), declined -1.13% to $40.27, during its last trading session.
Three passengers were slightly hurt while evacuating an American Airlines jet after smoke was detected in the plane as it prepared to leave Dallas-Fort Worth International Airport, according to AP.
American spokeswoman Andrea Huguely (HEWG’-lee) says the crew of Flight 1658 deployed the emergency slides during Thursday’s incident. AP Reports
Huguely says American officials are trying to determine the source of smoke in the cabin of the MD-80 preparing to fly to Chicago O’Hare International Airport. There was no fire. AP added.
American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers. It serves 339 destinations in 54 countries.
Finally, Ensco plc (NYSE:ESV), ended its last trade with -7.61% loss, and closed at $16.63.
Ensco stated earnings of $1.11 per share for second quarter 2015 contrast to a loss of $5.07 per share a year ago. The loss from suspended operations was $0.04 per share contrast to a loss of $3.54 per share in second quarter 2014. Earnings from ongoing operations were $1.15 per share in second quarter 2015 contrast to a loss of $1.53 per share a year ago.
Several items influenced these comparisons:
- Non-cash impairments of $1.5 billion or $6.47 per share in second quarter 2014:
- $704 million or $3.02 per share in ongoing operations
- $797 million or $3.45 per share in suspended operations
- A loss of $7 million or $0.03 per share comprised of in second quarter 2015 other expense related to a formerly declared debt retirement
- A non-cash impairment in suspended operations of $7 million or $0.03 per share in second quarter 2015
- Gains in suspended operations on rig sales of $3 million or $0.01 per share in second quarter 2015 and $2 million or $0.01 per share in second quarter 2014.
Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. The company operates through three segments: Floaters, Jackups, and Other. The company owns and operates offshore drilling rig fleet of 70 rigs, counting 10 drillships, 13 semisubmersible rigs, 5 moored semisubmersible rigs, and 42 jackup rigs located in North and South America, the Middle East and Africa, the Asia Pacific rim, Europe and the Mediterranean, and Brazil.
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