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Saturday 12 September 2015
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Afternoon Trade News Report on: Hawaiian Holdings, Inc.(NASDAQ:HA), Ferro Corporation(NYSE:FOE), E Commerce China Dangdang Inc (ADR)(NYSE:DANG), PIMCO Dynamic Credit Income Fund(NYSE:PCI)

During Friday’s Afternoon trade, Shares of Hawaiian Holdings, Inc.(NASDAQ:HA), gain 1.11% to $23.69.

Hawaiian Airlines encourages guests to put away their travel guides and refer to the stars of its new in-flight safety video. The engaging four-minute video features over 30 Hawaiian Airlines crew members and their family members who relay important safety information as they take guests on a journey to their favorite locations throughout the Hawaiian Islands.

Debuting on all of Hawaiian Airlines’ in-flight entertainment systems, the video offers breathtaking footage of world-famous destinations such as Yokohama Beach and Kualoa Ranch on Oʻahu; Haleakala National Park and Po’olenalena Beach on Maui; Waimea Canyon and Waikoko Farm on Kauaʻi; and Saddle Road Lava Fields and Umauma Falls on Hawaiʻi Island.

Hawaiian Holdings, Inc., through its partner, Hawaiian Airlines, Inc., engages in the planned air transportation of passengers and cargo. It offers daily services on North America routes between the state of Hawaii and Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington, in addition to daily services on its neighbor island routes among the four major islands of the state of Hawaii.

Shares of Ferro Corporation(NYSE:FOE), declined -2.42% to $12.08, during its Afternoon trading session.

Ferro Corporation ( FOE) stated results for the second quarter ended June 30, 2015. Second quarter income from ongoing operations attributable to common shareholders was $0.14 per diluted share contrast with $0.15 per diluted share in the second quarter of 2014. On an adjusted basis, earnings per diluted share were $0.20, as compared to $0.19 for the second quarter of 2014. The results in both years comprise a number of charges relating to, among other items, restructuring activities. Please refer to the supplemental tables at the end of this release for additional information concerning adjusted financial results.

Second quarter 2015 net sales were $268 million, while value-added sales, which exclude precious metal sales, were $257 million. In the same period last year, net sales and value-added sales were $294 million and $282 million, respectively. On a constant currency basis, value-added sales raised 5%. The impact of foreign currency translation reduced value-added sales by about $36 million.

Ferro Corporation, together with its auxiliaries, produces specialty materials in the United States and internationally. It operates through four business units: Tile Coating Systems; Porcelain Enamel; Performance Colors and Glass; and Pigments, Powders and Oxides. The company’s products comprise frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, specialty dielectrics, electronic glasses, and other specialty coatings. Its products are used in appliances, automobiles, building and renovation, electronics, household furnishings, industrial products, and packaging.

E Commerce China Dangdang Inc (ADR)(NYSE:DANG), during its Friday’s Afternoon trading session decreased -0.48% to $6.20.

E-Commerce China Dangdang Inc. (DANG) a leading business-to-consumer e-commerce company in China, recently declared its unaudited financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Highlights

  • Total net revenues for the first quarter of 2015 were RMB2,217.3 million ($357.7 million), a 27.7% enhance from the corresponding period in 2014. Gross Merchandise Value (“GMV”)from the marketplace in the first quarter of 2015 was RMB1,771.5 million ($285.8 million), a 49.4% enhance from the corresponding period in 2014. The combination of product revenue from principal business and GMV from the marketplace reached RMB3,920.2 million ($632.4 million) and grew 37.3% year-over-year.
  • Dangdang had about 10.2 million active customers counting about 4.1 million new customers, in the first quarter of 2015, representing enhances of 18% and 46%, respectively, from the corresponding period in 2014. Total orders for the first quarter of 2015 were about 21.3 million, a 29% enhance from the corresponding period in 2014.
  • Mobile orders accounted for 41% of total orders for the first quarter of 2015, contrast to 14% for the corresponding period in 2014.

E-Commerce China Dangdang Inc. operates as a business-to-consumer e-commerce company in the People’s Republic of China. It primarily sells books, periodicals, electronic publications, consumer electronics, and audio-visual products through its Website dangdang.com. The company also sells general merchandise products, counting fashion and apparel; beauty and personal care products; home and lifestyle products; baby, children, and maternity products; apparel and accessories; and footwear, handbags, and luggage. In addition, it operates the dangdang.com marketplace program, which enables third-party merchants to sell general merchandise products.

Finally, PIMCO Dynamic Credit Income Fund(NYSE:PCI), decreased -0.37%, to $19.08.

The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on October 1, 2015 to shareholders of record on September 11, 2015, with an ex-dividend date of September 9, 2015.

Generally, the changes in distributions for PHK, PCI and PDI take into account many factors, counting but not limited to, each such Fund’s current and predictable earnings, the overall market environment and PIMCO’s current economic and market outlook.

Distributions from PMF, PML, PMX, PCQ, PCK, PZC, PNF, PNI and PYN are generally exempt from regular Federal income taxes. In addition, distributions from PCQ, PCK and PZC are also generally exempt from California state income taxes, and distributions from PNF, PNI and PYN are generally exempt from New York State and city income taxes. There can be no assurance that all distributions paid by these Funds will be exempt from federal income taxes or applicable state or local income taxes.

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.




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