On Wednesday, Shares of Activision Blizzard, Inc. (NASDAQ:ATVI), gained 2.16% to $23.20.
Activision Blizzard, declared better-than-predictable financial results for the first quarter of 2015.
For the quarter ended March 31, 2015, Activision Blizzards GAAP net revenues were $1.28 billion, as contrast with $1.11 billion for the first quarter of 2014. On a non-GAAP basis, the company’s net revenues were $703 million, as contrast with $772 million for the first quarter of 2014. For the first quarter, GAAP net revenues from digital channels were a record $581 million and represented a Q1 record 45% of the company’s total revenues. On a non-GAAP basis, net revenues from digital channels were a Q1 record $538 million and represented a record 76% of the company’s total revenues.
For the quarter ended March 31, 2015, Activision Blizzards GAAP earnings per diluted share were a record $0.53, as contrast with $0.40 for the first quarter of 2014. On a non-GAAP basis, the company’s earnings per diluted share were $0.16, as contrast with $0.19 for the first quarter of 2014.
On a constant FX basis, non-GAAP revenues and EPS were flat year-over-year, despite a lighter Q1 slate this year, given strong trends with ongoing monetization.
Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.
Shares of ArcelorMittal (NYSE:MT), declined -0.09% to $10.61, during its last trading session.
ArcelorMittal Europe, declared its results for the first quarter ended 31 March 2015. The segment recorded an operating profit of €281m, contrast with €58m for Q1 2014.
First quarter 2015 Ebitda raised by 23.3 per cent, to €546m contrast with €443m in the last quarter of 2014. Ebitda in Q1 2015 was also 40 per cent higher than in the corresponding quarter of 2014, reflecting improved demand dynamics and the ongoing realization of the benefits of cost optimization efforts.
Steel shipments in the first quarter raised by 10.9 per cent to 10.7 million tonnes, contrast with Q4 2014, as both flat and long product shipment volumes benefitted from seasonal impacts and improved underlying demand.
Sales in the ArcelorMittal Europe segment raised by 5.9 per cent to €7.6bn this quarter contrast to Q4 2014. This was primarily due to higher steel shipments partly offset by lower average steel selling prices.
ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products.
At the end of Wednesday’s trade, Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN), lost -0.91% to $10.88.
For the third year in a row, Huntington Bank has been ranked the highest in the North Central Region in J.D. Power’s 2015 U.S. Retail Banking Satisfaction StudySM. The findings show Huntington as maintaining the top spot for the third successive year among the largest financial institutions in the region.
This year’s survey results show Huntington Bank as scoring 835, an enhance of 7 points from last year, out of a 1,000-point scale in the North Central Region.
J.D. Power’s study indicates that Huntington has performed particularly well in the product offerings and fees factors.
The 2015 U.S. Retail Banking Satisfaction Study took into account a total of 23 banks when reviewing the North Central Region and measured satisfaction in six factors: account information; channel activities; facility; fees; problem resolution; and product offerings.
Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services.
Finally, Johnson & Johnson (NYSE:JNJ), ended its last trade with -0.33% loss, and closed at $99.17.
Johnson & Johnson, will take part in the 2015 Deutsche Bank 40th Annual Health Care Conference on Thursday, May 7, at The InterContinental Boston. Dominic Caruso, Vice President, Finance & Chief Financial Officer will represent the Company in a session planned at 10:00 a.m. (Eastern Time).
Johnson & Johnson, together with its auxiliaries, researches and develops, manufactures, and sells various products in the health care field worldwide. It operates in three segments: Consumer, Pharmaceutical, and Medical Devices.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
 
                                                                    







 
  
 