During Thursday’s Current trade, Shares of Merged Edison, Inc. (NYSE:ED), gain 0.98% to $61.90.
Merged Edison, Inc. (ED) stated 2015 second quarter net income for common stock of $219 million or $0.75 a share contrast with $212 million or $0.73 a share in 2014. Adjusted earnings, which exclude the effects of the gain on sale of solar electric production projects, the lease in/lease out (LILO) transactions and the net mark-to-market effects of the competitive energy businesses (CEBs), were $228 million or $0.78 a share in 2015 contrast with $189 million or $0.65 a share in 2014.
For the first six months of 2015, net income for common stock was $589 million or $2.01 a share contrast with $574 million or $1.96 a share in the first six months of 2014. Adjusted earnings, which exclude the effects of the gain on sale of solar electric production projects, the LILO transactions and the net mark-to-market effects of the CEBs, were $594 million or $2.03 a share in 2015 contrast with $532 million or $1.82 a share in 2014.
Merged Edison, Inc., through its auxiliaries, engages in regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to about 3.4 million customers in New York City and Westchester County; gas to about 1.1 million customers in Manhattan, the Bronx, and parts of Queens and Westchester County; and steam to about 1,700 customers in parts of Manhattan.
Shares of Leucadia National Corp. (NYSE:LUK), inclined 0.93% to $20.86, during its current trading session.
As declared in January, Leucadia National Corporation (LUK) will host an investor meeting on Thursday, October 8, 2015, from 9:00 a.m. to 5:00 p.m. in Manhattan. The meeting will comprise in-person administration presentations from Richard B. Handler, our Chief Executive Officer, Brian P. Friedman, our President, various members of our executive team, and the leaders of our auxiliaries and investee companies. We will also provide an opportunity to present questions to administration. The Investor Day Agenda is attached.
Leucadia National Corporation, through its partner, Jefferies Group LLC, primarily operates in the investment banking and capital markets sector. Leucadia National Corporation also owns and holds investments in various other businesses, counting beef processing, manufacturing, energy projects, asset administration, and real estate. It offers equities research, sales, and trading services; financing, securities lending, and other prime brokerage services; wealth administration services; fixed income sales and trading services; futures, foreign exchange, and commodities trading services; and equity and debt capital markets services, in addition to provides mergers and acquisition, and restructuring and recapitalization services in the Americas, Europe, and Asia.
Pioneer Natural Resources (NYSE:PXD), during its Thursday’s current trading session gained 1.32% to $120.52.
Pioneer Natural Resources Company (PXD) declared that its board of directors declared a cash dividend of $0.04 per share on Pioneer’s outstanding common stock. The dividend is payable October 9, 2015, to stockholders of record at the close of business on September 30, 2015.
Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle.
Finally, Krispy Kreme Doughnuts (NYSE:KKD), decreased -11.62%, to $15.67.
Krispy Kreme Doughnuts, Inc. (KKD) stated financial results for the second quarter of fiscal 2016, ended August 2, 2015. The Company also updated its adjusted EPS outlook for fiscal 2016 and declared that its Board of Directors raised the Company’s current share repurchase authorization.
Second Quarter Fiscal 2016 Highlights Contrast to the Year-Ago Period:
- Revenues raised 5.7% to $127.3 million from $120.5 million.
- Systemwide domestic same store sales rose 5.5%, counting a 2.3% gain at Company Stores; constant currency international franchise same store sales declined 2.7%.
- Operating income rose 11.6% to $10.7 million from $9.6 million.
- Net income was $5.9 million ($0.09 per share) contrast to $5.8 million ($0.08 per share) in the second quarter last year.
Krispy Kreme Doughnuts, Inc., together with its auxiliaries, operates as a branded retailer and wholesaler of doughnuts, beverages, and treats and packaged sweets. The company operates through four segments: Company Stores, Domestic Franchise, International Franchise, and KK Supply Chain. It owns and franchises Krispy Kreme stores. As of June 10, 2015, the company had about 1,000 Krispy Kreme shops worldwide. It also produces doughnut mixes and doughnut-making equipment.
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