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Friday 14 August 2015
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Active Stocks on the Move: Chipotle Mexican Grill, Inc. (NYSE:CMG), Superconductor Technologies, Inc. (NASDAQ:SCON), Aon Plc (NYSE:AON), Expedia Inc (NASDAQ:EXPE)

On Tuesday, Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG), lost -0.73% to $673.07.

Chipotle Mexican Grill, Inc. (CMG), stated financial results for its second quarter ended June 30, 2015.

Highlights for the second quarter of 2015 as contrast to the second quarter of 2014 comprise:

  • Revenue raised 14.1% to $1.2 billion
  • Comparable restaurant sales raised 4.3%
  • Restaurant level operating margin was 28.0%, an enhance of 70 basis points
  • Net income was $140.2 million, an enhance of 27.1%
  • Diluted earnings per share was $4.45, an enhance of 27.1%
  • Opened 48 new restaurants

Chipotle Mexican Grill, Inc., together with its auxiliaries, develops and operates fast-casual and fresh Mexican food restaurants. As of April 21, 2015, it operated about 1,800 restaurants, counting 19 Chipotle restaurants and 10 ShopHouse Southeast Asian Kitchen restaurants.

Shares of Superconductor Technologies, Inc. (NASDAQ:SCON), inclined 5.04% to $1.25, during its last trading session.

Superconductor Technologies, achieved positive results with multiple superconducting fault current limiter (SFCL) customers following the Conductus(R) wire evaluation and testing accomplished in June and July 2015. The SFCL results demonstrated dramatic improvement contrast to tests accomplished earlier. In addition, STI successfully accomplished qualification testing with the Robinson Research Institute at Victoria University of Wellington. Conductus wire is now approved for use in making Roebel cable, a winding cable, which is used in high-field magnets, transformers, utility-scale generators, and large motors.

“As we rapidly approach final qualification, our customers are quickly providing detailed guidance that we believe will result in Conductus wire soon attaining all of the performance parameters required for SFCLs,” stated Jeff Quiram, STI’s president and chief executive officer. “We believe our SFCL customers have transitioned from a specification driven pass or fail testing methodology to a much more collaborative effort that involves business items such as forecasts, delivery lead times, and price. Conductus wire is very close to passing all tests, and we are encouraged by our customers’ confidence that our wire will be qualified in the next few months. In parallel, we have initiated business discussions to ensure product availability matches demand.

Superconductor Technologies Inc. develops and commercializes high temperature superconductor (HTS) materials and related technologies in the United States. The company is leveraging its technologies, counting HTS materials and cryogenics to produce HTS Conductus wire for applications in the electrical grid and equipment platforms that use electrical circuits.

At the end of Tuesday’s trade, Shares of Aon Plc (NYSE:AON), lost -0.19% to $102.13.

Impact Forecasting, Aon Benfield’s catastrophe model development team, launches the latest edition of its Global Catastrophe Recap: First Half of 2015 report, which evaluates the impact of the natural disaster events that occurred worldwide in the first six months of the year. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (AON).

Global natural disaster losses during the first half of 2015, from both an economic and insured loss perspective, were each below the 10-year (2005-2014) average. Preliminary data determined that economic losses were USD46 billion, down 58 percent from the 10-year average of USD107 billion, and insured losses were USD15 billion, down 47 percent from the 10-year average of USD28 billion.

Aon plc provides risk administration services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services worldwide. It operates through two segments, Risk Solutions and HR Solutions.

Finally, Expedia Inc (NASDAQ:EXPE), ended its last trade with 0.48% gain, and closed at $110.09.

Expedia, will report its second quarter results for the period ended June 30, 2015 on Thursday, July 30, 2015 via an earnings release and accompanying webcast.

Expedia, Inc., together with its auxiliaries, operates as an online travel company in the United States and internationally. The company operates in two segments, Leisure and Egencia.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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