Search
Sunday 24 January 2016
  • :
  • :

Current Trade News Alert on: Casey’s General Stores Inc (NASDAQ:CASY), La-Z-Boy (NYSE:LZB), Plug Power Inc (NASDAQ:PLUG), Central Pacific Financial (NYSE:CPF)

During Thursday’s Current trade, Shares of Casey’s General Stores Inc (NASDAQ:CASY), lost -0.07% to $111.49.

Casey’s General Stores, Inc. (CASY) stated diluted earnings per share of $1.57 for the first quarter of fiscal 2016 ended July 31, 2015, contrast to $1.28 per share for the same quarter a year ago. “The Company is off to an excellent start to the fiscal year with strong sales, margin expansion in prepared foods, and a favorable operating expense environment during the period,” said Chairman and CEO Robert J. Myers. “Diluted earnings per share raised 23% despite a fuel margin decline of 1.4 cents per gallon contrast to the preceding year.”

Fuel - The aim for fiscal 2016 is to enhance same-store gallons sold 2% with an average margin of 16.7 cents per gallon. For the first quarter, same-store gallons sold were up 3.4% with an average margin of 17.5 cents per gallon. “Same-store sales continue to benefit from low retail fuel prices,” said Myers. “Wholesale fuel costs were volatile throughout the quarter. Our pricing strategy allows our store managers to respond quickly to local price competition, which assisted us maintain volumes and achieve a margin above aim.” The Company sold 15.7 million renewable fuel credits for $8 million during the first three months of the year. Total gallons sold for the quarter were up 8% to 501.2 million gallons.

Casey’s General Stores, Inc., together with its auxiliaries, operates convenience stores under the Casey’s General Store name in 14 Midwestern states, primarily Iowa, Missouri, and Illinois. The company’s stores offer a selection of food, counting freshly prepared foods, such as pizza, donuts, and sandwiches; beverage and tobacco products; health and beauty aids; automotive products; and other nonfood items.

Shares of La-Z-Boy Incorporated (NYSE:LZB), inclined 1.77% to $28.24, during its current trading session.

La-Z-Boy is celebrating mothers across the U.S. and Canada recently by recognizing the ups – and downs – that go together with getting their children back-to-school. By creating a community of parents who can share their stories of the chaos, they can #TakeComfort in knowing they are not alone. Many Moms spend countless hours getting ready for the big day, from purchasing school supplies to new clothes, and yet despite all their efforts and meticulous preparation, the inevitable happens and the day doesn’t go according to plan. Someone sleeps past the alarm, orange juice spills on that new shirt …it’s a total #MomFail.

The bright side of any #MomFail is the enduring sense of camaraderie among parents – and every Mom who has been there, done that. Not to mention all of the funny stories that get shared with friends and family, and passed down through the ages.

La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. The company also produces reclining chairs; and manufactures and distributes residential furniture in the United States.

Plug Power Inc (NASDAQ:PLUG), during its Thursday’s current trading session gained 1.75% to $1.74.

Plug Power Inc. (PLUG), a leader in providing clean, reliable energy solutions, has formed Plug Power Capital Inc., a wholly owned partner of Plug Power, formed as a capital financing arm that will offer GenFund, giving customers easy access to third-party leases.

Through GenFund, Plug Power Capital will work with its customers and commercial banks, facilitating project funding for the purchase of Plug Power Inc. hydrogen and fuel cell solutions.

Plug Power’s GenKey solution combines all the critical elements for a full hydrogen and fuel cell deployment, counting GenDrive or ReliOn fuel cell power, GenFuel hydrogen and fueling infrastructure, and GenCare aftermarket support.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the industrial off-road markets worldwide. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies.

Finally, Central Pacific Financial Corp. (NYSE:CPF), gained 0.89%, to $21.55.

Central Pacific Financial Corp. (CPF) parent company of Central Pacific Bank (“CPB”, the “Bank”), recently declared the appointment of Wayne Kamitaki and Saedene Ota as directors of the boards of CPF and CPB. The appointments will enhance the number of directors on both boards from nine (9) to eleven (11).

Wayne Kamitaki is CEO of Maui Varieties, Ltd., a holding company, which through various auxiliaries, owns and operates Ace Hardware and Ben Franklin Crafts stores throughout the State of Hawaii, and in the States of Washington and Oregon, and Las Vegas, Nevada, and owns, operates and/or invests in numerous other commercial business ventures. Mr. Kamitaki, who resides on the Island of Hawaii, is Chairman of the Board of the Hawaii Japanese Center (Hilo), and also serves on the board of the Hawaii Academy of Science, and the Board of Governors of the Japanese Cultural Center of Hawaii.

Saedene Ota is owner and creative director of Sae Design, Inc., a graphic design and visual marketing agency headquartered on the Island of Maui; and is also principal owner and manager of Maui Thing LLC, a lifestyle apparel company. In her over twenty-two (22) year career, Ms. Ota has received numerous design, graphics and marketing rewards and recognition. Ms. Ota, who resides on the Island of Maui, serves on the boards of the Chamber of Commerce of Hawaii, Maui Economic Development Board, Nissei Veterans Memorial Center, and Wailuku Community Association.

Central Pacific Financial Corp. operates as the holding company for Central Pacific Bank that provides commercial banking products and services to businesses, professionals, and individuals in Hawaii. The company operates in three segments: Banking Operations, Treasury, and All Others. It offers various deposit products and services, counting personal and business checking and savings accounts, money market accounts, and time certificates of deposit.

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.




Leave a Reply

Your email address will not be published. Required fields are marked *