On Monday, Apartment Investment and Administration Co (NYSE:AIV)’s shares declined -2.56% to $38.10.
Apartment Investment and Administration Co (AIV) team members are volunteering their time to address critical needs in their communities as part of a national week of community service through the company’s Aimco Cares philanthropic program.
Highlights of the Aimco Cares nationwide initiative comprise:
May 13:
Greenville, SC - Aimco team members in Greenville will prepare meals for Meals on Wheels.
Denver, CO - A team from Denver will host a barbeque luncheon and afternoon of games for the young residents of Tennyson Center, a facility that provides support and educational programming to abused and neglected children.
May 14:
San Diego, CA - Aimco team members, led by Chief Investment Officer John Bezzant, will join efforts with San Diego City Councilmember Lorie Zapf to beautify Kate Sessions Park.
Denver, CO - A team from Denver will sort and pack food donations for the Food Bank of the Rockies.
Greenville, SC - Aimco’s Greenville office will sort food and clothing donations for the North Greenville Crisis Ministry.
May 15:
Indianapolis, IN - Aimco team members in Indianapolis will stock shelves and assist client shoppers at the St. Vincent De Paul food Pantry.
Denver, CO - A team from Denver will spend the day assisting Project Sanctuary at a retreat for military families.
Apartment Investment and Administration Company is a real estate investment trust. The firm engages in the acquisition, ownership, administration, and redevelopment of apartment properties.
Ambev SA (ADR) (NYSE:ABEV)’s shares dropped -2.55% to $6.50.
Ambev SA (ADR) (ABEV) declares its results for the 2015 first quarter. The following operating and financial information, unless otherwise indicated, is presented in nominal Reais and prepared according to International Financial Reporting Standards (IFRS), and should be read together with our quarterly financial information for the three-month period ended March 31, 2015 filed with the CVM and presented to the SEC.
Cost of Goods Sold (COGS): Our COGS raised 15.1%, whereas on a per hectoliter basis, costs raised 14.6%, influenced by inflationary pressures in Brazil and Argentina, unfavorable currency hedges, product mix and higher depreciation, partially offset by the benefit of procurement savings initiatives and better commodities hedges.
Selling, General & Administrative (SG&A) expenses: SG&A expenses (not taking into account depreciation and amortization) were up 11.9% in the quarter, mainly as a result of double digits growth of distribution expenses, driven by inflation and the raised weight of direct distribution in Brazil. Regarding sales & marketing expenses, we continue to invest behind our brands but started to benefit from the higher comparable base related to the investments associated with the 2014 FIFA World Cup event.
Ambev S.A., through its auxiliaries, produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. The company operates through Latin America North, Latin America South, and Canada segments.
At the end of Monday’s trade, Anadarko Petroleum Corporation (NYSE:APC)‘s shares dipped -2.53% to $86.32.
Anadarko Petroleum Corporation (APC) declared that Bob Daniels, Executive Vice President, International and Deepwater Exploration, will take part in the 2015 Citigroup Global Energy and Utilities Conference on May 13, 2015, at 2:30 p.m. EDT in Boston, Mass.
Additionally, Bob Gwin, Anadarko Executive Vice President, Finance and Chief Financial Officer, will present at the UBS Global Oil and Gas Conference on Wednesday, May 20, 2015, at 7:30 a.m. CDT in Austin, Texas.
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing.
Wayfair Inc (NYSE:W), ended its Monday’s trading session with -2.50% loss, and closed at $30.01.
Wayfair Inc (W) stated financial results for its first quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights
- Total net revenue raised to $424.4 million, up 52.3% year over year
- Direct Retail revenue, compriseing of sales generated primarily through the sites of Wayfair’s five brands, raised to $369.4 million, up 63.4 % year over year
- Gross profit was $102.8 million or 24.2% of total net revenue, contrast to 23.4% of total net revenue in the same quarter last year
- Adjusted EBITDA was $(12.3) million or (2.9)% of total net revenue
- GAAP net loss was $27.1 million
- GAAP basic and diluted net loss per share was $0.33
- Non-GAAP diluted net loss per share was $0.23
- Non-GAAP free cash flow was $(51.4) million
- At the end of the First Quarter, cash, cash equivalents, and short-term and long-term investments totaled $359.6 million
Wayfair Inc. engages in the e-commerce business in the United States. It offers about seven million home products under various brands. The companys brands comprise Wayfair.com that focuses on offering home furnishings and décor from low-to high-end and across various styles; Joss & Main, an online flash sales site; AllModern, an online destination for original design for modern home enthusiasts; DwellStudio, an online design studio for modern, fashion-forward home furnishings; and Birch Lane, a destination for classic style home designs. Wayfair Inc. also sells its products through retail partners. Wayfair Inc.
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