On Thursday, in the course of Afternoon trade, Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), dropped -0.70%, and is now trading at $16.07.
Fiat Chrysler Automobiles, stated U.S. sales of 178,027 units, a 6 percent enhance contrast with sales in July 2014 (167,667 units), and the group’s best July sales since 2005.
The Chrysler, Jeep, and Ram Truck brands each posted year-over-year sales gains in July contrast with the same month a year ago. The Jeep brand’s 23 percent enhance was the largest sales gain of any FCA US brand during the month. The group extended its streak of year-over-year sales gains to 64-successive months.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
During an Afternoon trade, Shares of Cimarex Energy Co (NYSE:XEC), climbed 1.85%, and is now trading at $110.03.
Cimarex Energy Co., stated a second quarter 2015 net loss of $600.2 million, or $6.47 per diluted share, counting a non-cash impairment of oil and gas properties. The adjusted second quarter net income was $14.4 million, or $0.15 per diluted share(1). Second quarter 2015 adjusted cash flow from operations was $252.4 million as compared to $443.1 million a year ago.
Total company production averaged 1.0 billion cubic feet equivalent (Bcfe) per day during the second quarter, a 22 percent enhance from second quarter 2014. Year-over-year natural gas volumes raised 14 percent, oil volumes grew 35 percent and NGL volumes were up 25 percent.
Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico. The company owns interests in 3,240 net productive oil and gas wells.
Shares of Liberty Global plc - Class C Ordinary Shares (NASDAQ:LBTYK), during its Thursday’s current trading session fell -2.71%, and is now trading at $48.82.
Liberty Global plc, declared that it has attained 138.7 million shares in ITV plc (“ITV”), thereby increasing its existing stake to a total of 398.5 million shares in ITV or about 9.9% of ITV’s ordinary shares outstanding. Liberty Global has at the same time reached a hedging transaction with respect to the ITV shares it has attained and obtained further financing from its hedge counterparty. The acquisition of the additional ITV shares, combined with amending an existing hedging transaction with respect to ITV shares, will result in net cash being released to Liberty Global.
CEO Mike Fries stated, “Given ITV’s operating and stock price performance, we were able to enhance our stake to 9.9% with no incremental investment by hedging our existing equity position. This investment remains an opportunistic one for us in our largest market. ITV is a well-run company with attractive growth potential, and we are happy to enhance our position as their largest shareholder.”
Liberty Global plc, together with its auxiliaries, provides video, broadband Internet, fixed-line telephony, and mobile services in Europe, Chile, Puerto Rico, and internationally. The company offers various residential services, counting video services comprising basic and premium programming, which can be viewed on the television and Internet connected devices; electronic programming guide, high definition (HD) channels, digital video recorder (DVR), and HD DVR services; video-on-demand, set-top boxes, pay-per-view programming, and programming in three-dimensional format services, in addition to television applications that allow access to programming on laptops, smartphones, and tablets; and entertainment, sports, movies, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels.
Finally, Ciena Corporation (NYSE:CIEN), lost -3.08% Thursday.
Ciena Corporation, declared the successful completion of its acquisition of Cyan, Inc., a leading provider of next-generation software and platforms to enable open, agile and scalable software-defined networks, following the terms of the acquisition agreement.
“Ciena and Cyan make a great combination for our customers as they transform their networks with web-scale technologies to go beyond delivering capacity to create capabilities on demand,” said Gary Smith, president and CEO, Ciena. “We believe this acquisition advances our strategy to deliver a complete on-demand solution for virtualized networks and services, and greater control and choice for customers in an open ecosystem.”
Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and administration of voice, video, and data traffic on communications networks worldwide.
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