During Wednesday’s Current trade, Shares of Scripps Networks Interactive, Inc. (NYSE:SNI), gain 0.13% to $61.25.
DIY Network is owned by Scripps Netoperates Interactive, Inc. (SNI). Coeur d’Alene, Idaho will be the next home for the lucky winner of the DIY Network®Blog Cabin®. Starting, eligible fans can enter each day until September 11 at 5:00 p.m. ET at DIYNetwork.com/BlogCabin for a chance to win the fully renovated and furnished home, plus $50,000 in cash from national mortgage lender Quicken Loans®. Fans also can tune in to DIY Network this evening at 9:30 p.m. ET to see the first room in the home remodeled on DIY Network Rescue My Renovation.
Nestled among the Rocky Mountains, the original cabin was rebuilt from the ground up and redesigned to make the most of the spectacular views. In its ninth year, popular DIY Network stars, counting crashers Chris Lambton, Matt Muenster, Josh Temple and Alison Victoria, once again work with fans to design and transform a property to give away. This year’s 1970s lake cabin was renovated into a spacious mountain escape, with all features and designs chosen by the DIY Network consumers.
Scripps Netoperates Interactive, Inc. develops lifestyle-oriented content for linear and interactive video platforms in the United States, the United Kingdom and other European markets, the Middle East and Africa, the Asia-Pacific, and Latin America. The company delivers content that focuses on specifically defined topics of interest for audiences and advertisers.
Shares of FirstEnergy Corp. (NYSE:FE), inclined 1.11% to $33.72, during its current trading session.
FirstEnergy Nuclear Operating Company a subsidiary of Akron, Ohio-based FirstEnergy Corp. (FE), has promoted Raymond A. Lieb to senior vice president of Fleet Engineering at its headquarters in Akron, Ohio, and Brian D. Boles to site vice president at the Davis-Besse Nuclear Power Plant.
In his new position, Lieb will provide overall guidance and oversight of FENOC’s engineering organization, focusing on sound engineering practices that keep the company’s nuclear plants operating safely and reliably. Lieb will report to FENOC President and Chief Nuclear Officer Samuel L. Belcher.
Boles replaces Lieb as site vice president of Davis-Besse and will report to Senior Vice President and FENOC Chief Operating Officer Paul A. Harden. As site vice president, Boles is responsible for overall management, direction and coordination of Davis-Besse’s operation.
FirstEnergy Corp., through its auxiliaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates fossil, coal-fired, nuclear, oil and natural gas, wind and solar power, and hydroelectric generating facilities. The company also provides energy-related products and services to wholesale and retail customers.
Scorpio Tankers Inc.(NYSE:STNG), during its Wednesday’s current trading session gained 0.00% to $10.63.
Scorpio Tankers Inc. ( STNG) stated its results for the three and six months ended June 30, 2015.
Results for the three months ended June 30, 2015 and 2014
For the three months ended June 30, 2015, the Company’s adjusted net income was $57.5 million, or $0.35 basic and $0.32 diluted earnings per share, which excludes an unrealized gain on derivative financial instruments of $0.1 million, or $0.00 per basic and diluted shares (see non-GAAP Measures section below). For the three months ended June 30, 2015, the Company had net income of $57.6 million, or $0.35 basic and $0.32 diluted earnings per share.
For the three months ended June 30, 2015, the Company’s basic and diluted weighted average number of shares were 162,457,319 and 199,202,256, respectively. The diluted weighted average number of shares comprises the potentially dilutive shares regardingour Convertible Senior Notes due 2019 (the “Convertible Notes”) representing 31,094,568 potential common shares (see below for further information).
Scorpio Tankers Inc., together with its auxiliaries, engages in the seaborne transportation of refined petroleum products and crude oil worldwide. As of March 31, 2015, it owned 67 tankers comprising 11 LR2 tanker, 2 LR1 tankers, 15 Handymax tankers, 39 MR tankers with an average age of 1.1 years; and time charters-in 20 product tankers, counting 5 LR2, 5 LR1, 3 MR, and 7 Handymax tankers. The company was founded in 2009 and is based in Monaco, Monaco.
Finally, Zions Bancorporation (NASDAQ:ZION), gained 1.75%, to $30.83.
Zions Bancorporation (ZION) stated second quarter net income of $14.0 million and a net loss applicable to common shareholders of $(1.1) million, or $(0.01) per diluted common share. During the second quarter, the Company sold the remaining portfolio of its collateralized debt obligation (“CDO”) securities and recognized a one-time pretax loss of about $137 million, or $0.42 after-tax per diluted common share. Shareholders’ equity was not adversely affected as the loss had been formerly recognized in accumulated other comprehensive income (“AOCI”). Not taking into account the loss, net earnings applicable to common shareholders was $83.4 million, or $0.41 per diluted common share, for the second quarter of 2015, contrast to $75.3 million, or $0.37 per diluted common share, for the first quarter of 2015.
Second Quarter 2015 Highlights
- Credit quality metrics were generally stable with a decrease in nonaccruing loans and a slight enhance in classified loans from the preceding quarter. Annualized net charge-offs were 0.11% of average loans. The overall effect contributed to a $0.6 million provision for loan losses.
- Total noninterest expense was $404 million during the second quarter and $802 million year-to date. Certain one-time and seasonal expenses during the second quarter of 2015 were partially offset by other expense credits, counting insurance recoveries of $9.2 million. The Company is maintaining its commitment to hold noninterest expenses below $1.6 billion in 2015 and 2016.
- Loan balances, not taking into account energy-related loans, raised $128 million during the second quarter contrast to a $25 million enhance during the first quarter calculated on the same basis. Energy-related loans declined $284 million linked quarter. Overall, net loans and leases declined $156 million during the second quarter.
Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash administration and related products and services; and residential mortgage servicing and lending.
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