Search
Wednesday 14 October 2015
  • :
  • :

Active Stocks Trader’s Buzzers: Pioneer Energy Services (NYSE:PES), Orange SA (NYSE:ORAN), Schnitzer Steel Industries, (NASDAQ:SCHN), Royal Bank of Scotland Group (NYSE:RBS)

On Tuesday, Shares of Pioneer Energy Services Corp (NYSE:PES), lost -2.76% to $6.34.

Pioneer Energy Services Corp, declared that it will release its second quarter 2015 financial results before the market opens on Thursday, July 30. In conjunction with the release, Pioneer has planned a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Investors may take part in the call either by phone or audio webcast.

Pioneer Energy Services Corp., through its auxiliaries, provides drilling services and production services to oil and gas exploration and production companies in the United States and Colombia.

Shares of Orange SA (ADR) (NYSE:ORAN), declined -1.41% to $15.36, during its last trading session.

Orange SA, declared the expansion and availability in Asia Pacific of their next-generation Infrastructure-as-a-Service (IaaS) cloud offering called Flexible Computing Advanced. The service is targeted at large multinational companies who have multiple data center and network requirements across many countries.

By standardizing and consolidating customer cloud infrastructure onto a globally compriseent and reliable virtual private cloud, Flexible Computing Advanced enables customers to achieve greater savings on total cost of ownership. Enterprises can easily scale up and down IT resources to adapt to their real business needs – and pay only for what they need, when they need it. They benefit from enterprise-class control, agility, scalability and security backed by an industry-leading global network.

Orange provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators worldwide.

At the end of Tuesday’s trade, Shares of Schnitzer Steel Industries, Inc. (NASDAQ:SCHN), lost -9.34% to $17.47.

Schnitzer Steel Industries, stated financial results for its fiscal 2015 third quarter ended May 31, 2015.

Our third quarter results reflected benefits from the cost reduction and productivity initiatives we declared in early April which led to improved sequential operating performance in all of our businesses. In Metals Recycling, ferrous volumes raised 29% and nonferrous sales volumes raised 21% as compared to the second quarter. Due to the rapid decline in ferrous selling prices in February, which influenced shipments in the third quarter, average inventory costs did not decline as quickly as selling prices, which led to an estimated $14 per ton, or $13 million, adverse impact of average inventory accounting which approximated the adverse impact in the second quarter. In our Auto Parts Business, higher seasonal retail activity and early benefits achieved from productivity improvements led to significantly improved profitability. Our Steel Manufacturing Business generated higher sales volumes and raised operating income due to steadily improving demand in West Coast construction markets.

Schnitzer Steel Industries, Inc. manufactures and exports recycled ferrous metal products worldwide. The company operates in three segments: Metals Recycling Business (MRB), Auto Parts Business (APB), and Steel Manufacturing Business (SMB).

Finally, Royal Bank of Scotland Group PLC (NYSE:RBS), ended its last trade with -0.36% loss, and close at $ 11.07.

Royal Dutch Shell plc’s, capital comprises of 3,918,015,024 A shares and 2,440,410,614 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury.

The total number of A shares and B shares in issue is 6,358,425,638 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Royal Dutch Shell plc under the FSA’s Disclosure and Transparency Rules.

The Royal Bank of Scotland Group plc, through its auxiliaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide.

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.




Leave a Reply

Your email address will not be published. Required fields are marked *