During Wednesday’s trade, Shares of AT&T, Inc. (NYSE:T), gained 0.39% to $33.91.
As part of AT&T’s ongoing efforts to drive economic development and investment in Kentucky, representatives from AT&T, local leadership, and the Madisonville/Hopkins County Economic Development Corporation recently declared that the Island Ford and Greater Madisonville Industrial Parks have been designated AT&T Fiber Ready.
“We thank AT&T for their foresight and investment in installing extensive fiber infrastructure in this community,” said Madisonville Mayor David Jackson. “Having these capabilities gives our city a planned advantage in retaining current industry and recruiting new operations to Madisonville.”
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
Shares of Thor Industries Inc. (NYSE:THO), declined -2.47% to $58.95, during its current trading session.
Thor Industries, declared record sales, net income from ongoing operations, and backlogs for the first quarter ended October 31, 2015.
First Quarter Highlights:
- Sales from ongoing operations for the first quarter of fiscal 2016 were $1.03 billion, up 12% from $922.0 million in the first quarter last year, as sales of towable and motorized RVs posted combined growth of 8%, counting revenue from acquisitions, which was supplemented by revenues from the acquisition of Postle Aluminum.
- Net income from ongoing operations for the first quarter was $50.7 million, up 29% from $39.2 million in the prior-year first quarter.
- Diluted earnings per share (EPS) from ongoing operations for the first quarter was $0.97, up 33% from $0.73 in the first quarter last year.
- Gross profit margins raised to 14.8% in the first quarter contrast to 12.8% in the prior-year period, due in large part to changes in product mix and improvements in material, labor and warranty costs relative to the higher levels of labor and warranty costs in early fiscal 2015.
- Merged RV backlog on October 31, 2015 was $1.05 billion, up 16% from $909.7 million at October 31, 2014. Towable RV backlog raised 9% to $710.0 million, contrast to $653.4 million at the end of the first quarter of fiscal 2015. Motorized RV backlog raised 33% to $341.0 million from $256.2 million a year earlier, reflecting the strong reception to the new products introduced at the Dealer Open House in September.
Thor Industries, Inc., through its auxiliaries, designs, manufactures, and sells a range of recreational vehicles, and related parts and accessories primarily in the United States and Canada. It operates through two segments, Towable Recreational Vehicles and Motorized Recreational Vehicles.
Finally, Penn West Petroleum Ltd. (NYSE:PWE), lost -1.87%, and is now trading at $1.05.
Penn West Petroleum is happy to declare that it received notification yesterday from the New York Stock Exchange (the “NYSE”) that it has regained compliance with the NYSE’s continued listing standard regarding the price of its common stock.
On September 4, 2015 , Penn West received notification from the NYSE that Penn West had fallen below the NYSE’s continued listing standard, which requires a minimum average closing price of US$1.00 over a successive 30 trading day period. Penn West regained compliance at the close of trading on November 30, 2015 since the average closing price of its common stock for the successive 30 trading days ended November 30, 2015 and the closing price of its common stock on November 30, 2015 both exceeded US$1.00 .
Penn West Petroleum Ltd. explores for, develops, and produces oil and natural gas properties in western Canada. The company’s properties are located in Alberta, British Columbia, Saskatchewan, Manitoba, and the Northwest Territories, Canada; and Wyoming, the United States.
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