During Thursday’s Current trade, Shares of Carnival Corp (NYSE:CCL), gain 1.51% to $51.94.
Carnival Cruise Line and its partner Dr. Seuss Enterprises teamed up to celebrate the release of the new Dr. Seuss book, “What Pet Should I Get?” with celebrity book readings by Tampa Bay Rays all-star Evan Longoria aboard Carnival Paradise in Tampa and local broadcasting legend Angela Hill aboard Carnival Dream in New Orleans.
In conjunction with the event, Carnival is matching Longoria’s donation of $100 to Pet Pal Animal Shelter for every home run he hits during the 2015 season. The cruise line is also donating monies to the Tampa Bay and Louisiana chapters of the Society for the Prevention of Cruelty to Animals (SPCA).
Donning Dr. Seuss’ signature striped hat and surrounded by rescue dogs from the SPCA, Longoria and Hill delighted children with spirited readings of “What Pet Should I Get?” which is based on an original manuscript and accompanying sketches by Dr. Seuss, aka Ted Geisel, that was discovered in the La Jolla, Calif., home of the late beloved children’s author.
Following the reading, children and their chaperones joined The Cat in the Hat, Sam I am, and Thing 1 and Thing 2 for Carnival’s popular Green Eggs and Ham Breakfast with The Cat in the Hat and Friends, part of the line’s exclusive Seuss at Sea program.
Carnival Corporation operates as a cruise company worldwide. It provides vacations to various cruise destinations. The company offers cruise services under the Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn brand names in North America; and AIDA Cruises, Costa Cruises, Cunard, and P&O Cruises names in Europe, Australia, and Asia. It operates 100 cruise ships.
Shares of Viacom, Inc. (NASDAQ:VIAB), declined -1.95% to $45.15, during its current trading session.
Viacom Inc. (VIAB), declared that it has attained a 50% interest in Prism TV Private Limited for 9.4BN rupees (about $153M USD). Prism TV owns and operates regional entertainment channels in India, counting ETV Marathi, ETV Kannada, ETV Bangla, ETV Oriya and ETV Gujarati, all of which were recently rebranded under the ‘COLORS’ umbrella.
The transaction was accomplished between Nickelodeon Asia Holdings Pte Ltd., a wholly owned partner of Viacom Inc., and Shinano Retail Private Limited, a company effectively 100% owned by Reliance Industrial Investments and Holdings Limited, a wholly owned partner of Reliance Industries Limited. The parties received clearance from India’s Foreign Investment Promotion Board earlier this month.
With this acquisition, Viacom Inc. will hold 50% of Prism TV and the remaining 50% interest will continue to be owned by the Network18 Group, Viacom’s partner in the Viacom18 joint venture. Viacom18 is the fastest growing entertainment network in India, operating 10 channels counting MTV, Nickelodeon, Comedy Central and COLORS, a leading Hindi general entertainment brand. The deal gives Viacom a noteworthy presence in the fast growing regional TV sector in India, where almost 60% of the population of more than 1.2 billion people speaks regional dialects as their first language. Collectively, regional TV stations account for the second largest share of viewing in the Indian market, behind only Hindi general entertainment channels.
Viacom Inc. operates as an entertainment content company in the United States and internationally. The company creates television programs, motion pictures, short-form video, applications, games, consumer products, social media, and other entertainment content. It operates in two segments, Media Networks and Filmed Entertainment. The Media Networks segment provides entertainment content and related branded products through about programmed and operated 230 TV channels, counting MTV, VH1, CMT, Logo, BET, CENTRIC, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, Comedy Central, TV Land, SPIKE, Channel 5, Tr3s, Paramount Channel, and VIVA, in addition to through online, mobile, and apps.
Plug Power Inc (NASDAQ:PLUG), during its Thursday’s current trading session decreased -1.28% to $2.32.
Plug Power Inc. (PLUG), a leader in providing clean, reliable energy solutions, recently reports its 2015 second quarter results. The quarterly results are the Company’s best in its 19-year history, and comprise:
- Record revenues of $24M
- Bookings in excess of $59M
- Positive gross margin at 7 percent
Most notably, Plug Power realized 26 percent gross margins from its longest-running product line, GenDrive, up from 17 percent in the same quarter of 2014. Plug Power has been selling GenDrive to material handling customers commercially since 2010. Recently, more than 8,500 units have been deployed in North America, and have accumulated more than 107 million operating hours.
Plug Power continues to see ongoing success and multiple deployments with repeat customers such as Walmart and Kroger, where distribution center conversion rates average one to three facilities per quarter. The GenKey value proposition has been validated by large customers like these and many others, but GenKey is increasingly attractive to mid-size customers such as Dietz and Watson, FreezPak Logistics and Newark Farmers Market because Plug Power provides cost-effective access to hydrogen through GenFuel.
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. The company’s product line comprises GenKey, a turn-key solution for transitioning material handling vehicles to fuel cell power; GenDrive, which is a hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells and GenFuel products; and ReliOn, a stationary fuel cell solution that provides scalable and modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors.
Finally, Comstock Resources Inc (NYSE:CRK), decreased -8.05%, to $2.97.
Comstock Resources, Inc. (CRK) stated financial and operating results for the three months and six months ended June 30, 2015.
Financial Results for the Three Months and Six Months Ended June 30, 2015
Comstock stated a net loss of $135.1 million or $2.93 per share for the second quarter of 2015 as contrast to net income of $1.9 million or 4¢ per diluted share for the second quarter of 2014. The second quarter 2015 results comprise a loss related to the formerly declared sale of the Company`s Burleson County, Texas properties, which closed on July 22, 2015, of $111.8 million ($72.7 million after tax or $1.58 per share), impairments on oil and gas properties and unevaluated leases of $25.0 million ($16.3 million after tax or 35¢ per share), unrealized hedging gains of $0.6 million ($0.4 million after tax or 1¢ per share) and a net gain on extinguishment of debt of $7.3 million ($4.7 million after tax or 10¢ per share). Financial results for the second quarter of 2014 comprised of an unrealized loss from derivative financial instruments of $5.8 million ($3.8 million after tax or 8¢ per share) and an impairment of oil and gas properties of $0.3 million ($0.2 million after tax). Not taking into account these items from each quarter`s results, the net loss for the second quarter of 2015 would have been $51.2 million or $1.11 per share as contrast to net income of $5.9 million or 12¢ per diluted share in the second quarter of 2014.
Comstock Resources, Inc., an independent energy company, acquires, develops, explores, and produces oil and natural gas properties in the United States. Its oil and gas operations are primarily located in East Texas/North Louisiana and South Texas. The company owns interests in 1,596 producing oil and natural gas wells. As of December 31, 2014, it had proved reserves of 620 billion cubic feet of natural gas equivalent. The company was founded in 1919 and is headquartered in Frisco, Texas.
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