On Monday, Shares of Reynolds American, Inc. (NYSE:RAI), lost -3.35% to $80.81.
Reynolds American Inc. (RAI) has declared the following: “RAI unveils new corporate branding with website redesign.”
RAI’s website, www.reynoldsamerican.com, is the primary source of publicly revealed news about RAI and its operating companies. We use the website as our primary means of distributing quarterly earnings and other company news. We encourage investors and others to register at www.reynoldsamerican.com to receive alerts when news about the company has been posted.
Reynolds American Inc., through its auxiliaries, manufactures and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, American Snuff, and Santa Fe segments.
Shares of Interpublic Group of Companies Inc (NYSE:IPG), declined -4.44% to $18.74, during its last trading session.
Interpublic Group, declared that the company`s Board of Directors has declared a quarterly dividend on IPG common stock of $0.12 per share, payable on September 15, 2015 to holders of record at the close of business on September 1, 2015.
The Interpublic Group of Companies, Inc. provides advertising and marketing services. The company operates in two segments, Integrated Agency Networks and Constituency Administration Group.
At the end of Monday’s trade, Shares of Prudential Financial Inc (NYSE:PRU), lost -6.02% to $75.91.
Prudential Financial, declared that it will host a conference for analysts and investors in Tokyo, Japan, on Thursday, September 15, 2016. Details will be declared closer to the date of the meeting.
Prudential Financial, a financial services leader with more than $1 trillion of assets under administration as of June 30, 2015, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to assisting individual and institutional customers grow and protect their wealth through a variety of products and services, counting life insurance, annuities, retirement-related services, mutual funds and investment administration. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century.
Prudential Financial, Inc. provides insurance, investment administration, and other financial products and services to individual and institutional customers in the United States and internationally.
Finally, ADT Corp (NYSE:ADT), ended its last trade with -3.61% loss, and closed at $30.44.
ADT Corporation stated its financial results for the third quarter of 2015. The Company stated total revenue of $898 million, an improvement of 5.8%, or 6.2% in constant currency, contrast to the third quarter of 2014. Recurring revenue, which made up about 93% of total revenue in the quarter, was $834 million, up 6.2% contrast to the same period last year and up 6.8% in constant currency. Recurring revenue growth in the quarter was driven by an enhance in ADT’s new and resale revenue per user, which rose 2.4% over last year to $48.19, the addition of Reliance Protectron Inc., strong revenue growth by ADT Business and improved customer retention. Revenue attrition for the quarter improved to 12.4%, an improvement of 10 basis points sequentially and 150 basis points year-over-year. Unit attrition for residential and business improved 20 basis points sequentially, and 120 basis points from last year, ending at 12.3% for the quarter. ADT closed the quarter with 6.6 million customer accounts, a 4.9% enhance over last year. Pre-SAC EBITDA before special items raised by $16 million to $560 million, a 2.9% enhance over the preceding year, and pre-SAC EBITDA margin before special items was 66.0%. EBITDA before special items reduced by $1 million to $451 million, while EBITDA margin before special items was 50.2% for the quarter. EBITDA before special items comprises the impact of about $6.3 million pre-tax related to the formerly revealed change in the way the Company accounts for dealer payments for leads generated through its marketing efficiency program.
The Company stated diluted earnings per share of $0.44 as compared to $0.47 in the preceding year. Not taking into account special items, diluted earnings per share was $0.49 as compared to $0.55 in the preceding year. The diluted earnings per share of $0.49 also comprises the quarterly impact of about $0.02 per share related to the formerly mentioned marketing efficiency program. Using the Company’s cash tax rate, diluted earnings per share before special items was $0.68.
Steady-state free cash flow before special items grew to $936 million(1) this quarter, $2 million above preceding year. Operating cash flow was $424 million, up 4% from $408 million last year. Not taking into account special items, operating cash flow was $435million(1), a $25 million enhance over preceding year. Free cash flow before special items was $99 million in the quarter, up $1 million when contrast to the same period last year, despite an enhance in gross subscriber additions of about 5%.
The ADT Corporation provides monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. The company’s monitored security and home/business automation offerings comprise the installation and monitoring of residential and business security, and premises automation systems designed to detect intrusion, control access and react to movement, smoke, carbon monoxide, flooding, temperature, and other environmental conditions and hazards, in addition to to address personal emergencies, such as injuries, medical emergencies, or incapacitation.
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