On Friday, Shares of Bunge Ltd (NYSE:BG), lost -1.32% to $76.22.
Bunge Limited, declared a regular quarterly cash dividend of $0.38 per common share. The dividend is payable on December 2, 2015 to shareholders of record on November 16, 2015.
The company also declared a quarterly cash dividend of $1.21875 per share on its 4.875% cumulative convertible perpetual preference shares, payable on December 1, 2015 to shareholders of record on November 15, 2015.
Bunge Limited, through its auxiliaries, operates as an agribusiness and food company worldwide. It operates in five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer.
Shares of EarthLink Holdings Corp. (NASDAQ:ELNK), inclined 1.66% to $8.55, during its last trading session.
EarthLink Holdings Corp., declared financial results for its second quarter of 2015.
“We are executing our strategy and ongoing to deliver favorable financial results,” said EarthLink CEO and President Joseph F. Eazor. “I’m optimistic about our opportunity, and I look forward to ongoing to tackle our challenges.”
Revenue
- Total revenue was $283.7 million during the second quarter of 2015, a decline of 4.6% from the preceding year quarter. This was an improvement contrast to the 5.0% year-over-year decline the company stated in the first quarter of 2015.
- Business Services revenue reduced 2.8% from the second quarter of 2014, an improvement as compared to the 3.3% year-over-year decline stated in the first quarter of 2015.
- Business Services and total company revenue during the second quarter of 2015 were aided by seasonal pricing actions implemented during the first quarter of 2015. In addition, in the second quarter of 2015, total company revenue comprised of $1.6 million of favorable dispute settlements and reserve adjustments, which comprised of $1.0 million of revenue in the Business Services segment and $0.6 million of revenue in the Consumer Services segment. Business Services and total company revenue in the first quarter of 2015 comprised of $2.1 million in favorable dispute settlements.
EarthLink Holdings Corp., together with its auxiliaries, provides managed network, security, and cloud services to business and residential customers in the United States. The company operates in two segments, Business Services and Consumer Services.
At the end of Friday’s trade, Shares of Zeltiq Aesthetics Inc (NASDAQ:ZLTQ), lost -4.86% to $34.28.
ZELTIQ, declared financial results for the second quarter 2015.
Mark Foley, President and Chief Executive Officer, said, “The second quarter of 2015 was an exceptionally strong quarter across all areas of our business. We stated over $64 million in revenue, up 37% year-over-year, driven by strong global system placements, an enhance in account utilization and the launch of our CoolSmooth Pro applicator. We are very happy with our second quarter results and the year-over-year growth we generated, particularly when normalized for the revenue and utilization associated with the launch of our initial CoolSmooth applicator in the second quarter of 2014. This performance has led us to once again enhance our full year 2015 revenue guidance to a range of $245 million to $247 million.”
Second Quarter 2015 Financial Review
Total revenue for the second quarter 2015 was $64.4 million, compriseing of $32.0 million of system revenue and $32.4 million of consumable revenue. This compares to total revenue of $47.1 million, comprising of $25.4 million of system revenue and $21.7 million of consumable revenue for the second quarter 2014. Total revenue cycles shipped raised 52% to 252,642 for the second quarter 2015, contrast to 166,116 for the second quarter 2014.
Gross profit was $46.3 million, or 72% of revenue, for the second quarter 2015, contrast to gross profit of $33.4 million, or 71% of revenue, for the second quarter 2014. Operating expenses for the second quarter 2015 were $44.7 million, contrast to $30.6 million for the second quarter 2014.
Operating income for the second quarter 2015 was $1.7 million, contrast to operating income of $2.8 million for the second quarter 2014. Net income for the second quarter 2015 was $1.2 million, or $0.03 per share, contrast to net income of $2.8 million for the second quarter 2014, or $0.07 per share.
ZELTIQ Aesthetics, Inc., a medical technology company, engages in developing and commercializing non-invasive products for the selective reduction of fat. It offers CoolSculpting system, which utilizes proprietary controlled cooling technology to selectively reduce stubborn fat bulges. ZELTIQ Aesthetics, Inc. sells its products through a direct sales force, in addition to through a network of distributors to dermatologists, plastic surgeons, and aesthetic specialists primarily in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America.
Finally, Entergy Corporation (NYSE:ETR), ended its last trade with 1.18% gain, and closed at $70.26.
Entergy Corporation, stated second quarter 2015 earnings per share of 83 cents on an as-stated basis and an operational basis, contrast to second quarter 2014 as-stated EPS of $1.05 and operational EPS of $1.11.
“Once again, financial results in the second quarter were in line with our expectations, and Entergy remains on track to meet its full year guidance,” said Entergy Chairman and CEO Leo Denault. “The Utility continues to implement its program to replace aging infrastructure, strengthen reliability and enhance the environmental profile of our generation fleet. The industrial expansion across our service territory also continues to advance. And Entergy Wholesale Commodities, despite market volatility, maintained solid operational and commercial performance.”
Business highlights comprised of the following:
- The U.S. Department of Commerce named the New Orleans-to-Lake Charles chemical corridor to a program designed to accelerate the resurgence of manufacturing in America through federal incentives and grants.
- The City Council of New Orleans approved storm securitization financing, which was accomplished in July.
- Entergy Gulf States Louisiana, L.L.C. and Entergy Louisiana, LLC reached a settlement with all parties in the business combination of the two companies.
- The St. Charles Energy Center was selected in response to a request for proposals for new long-term capacity.
- The Nuclear Energy Institute issued a report finding that the Indian Point Energy Center contributes an estimated $1.6 billion annually to New York state’s economy and $2.5 billion to the nation as a whole.
- Entergy Corporation issued a $650 million, seven-year note at a 4 percent coupon.
Entergy Corporation, together with its auxiliaries, engages in the electric power production and retail electric distribution operations in the United States. It operates in two segments, Utility and Entergy Wholesale Commodities.
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