On Tuesday, Avis Budget Group Inc. (NASDAQ:CAR)’s shares declined -4.37% to $50.99.
Avis Budget Group Inc. (CAR) is making it easier for travelers to stay connected. The Company recently declared that Avis Car Rental and Budget Car Rental customers can now rent tablets at participating locations across the United States.
Tablets accessible for rent comprise wall chargers and car chargers. Customers will also benefit from 4G LTE network coverage and the following notable features:
- International Voice over Internet Protocol (VoIP) technology for placing and transmitting telephone calls and texts over an IP network. Tablets are pre-loaded with 60 credits per day, which equates to 30 minutes of international calling or 60 minutes of domestic calling. Text messages are charged at a rate of one credit per text. Additional credits are accessible for purchase.
- Wi-Fi hotspot for up to five devices with unlimited data.
- Advanced navigation with voice-activated turn-by-turn directions.
Avis Budget Group, Inc., together with its auxiliaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental.
Zendesk Inc (NYSE:ZEN)’s shares dropped -4.18% to $22.25.
Zendesk Inc (ZEN) stated financial results for the fiscal quarter ended March 31, 2015.
Results for the First Quarter 2015
Revenue was $42.2 million for the quarter ended March 31, 2015, an enhance of 68% over the preceding year period. GAAP net loss for the quarter ended March 31, 2015 was $19.2 million, and GAAP net loss per share was $0.25. Non-GAAP net loss was $7.8 million, and non-GAAP net loss per share was $0.10. Non-GAAP net loss excludes about $10.9 million in share-based compensation related expenses (counting $0.2 million of amortized share-based compensation capitalized in internal-use software and $0.5 million of employer tax related to employee stock transactions) and $0.4 million of amortization of purchased intangibles. GAAP and non-GAAP net loss per share for the quarter ended March 31, 2015 were based on 76.3 million weighted average shares outstanding.
Zendesk, Inc., a software development company, provides software as a service customer service platform for organizations. It provides single customer service interface to organizations to manage all their one-on-one customer interactions; track and predict common questions; and provide a seamless path to answers.
At the end of Tuesday’s trade, Synergy Pharmaceuticals Inc (NASDAQ:SGYP)‘s shares dipped -4.16% to $3.46.
Synergy Pharmaceuticals Inc (SGYP) declared that its Chairman and Chief Executive Officer, Gary S. Jacob, Ph.D., will present a corporate update at the UBS Global Healthcare Conference on Wednesday May 20th at 12:00pm (EDT) at the Sheraton New York Times Square Hotel in New York City.
Synergy Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development of drugs to treat gastrointestinal (GI) disorders and diseases. Its lead product candidate is plecanatide, a guanylyl cyclase C receptor agonist that is in Phase III clinical trials to treat chronic idiopathic constipation GI disorders; and for the treatment of constipation-predominant irritable bowel syndrome GI disorders.
International Flavors & Fragrances Inc (NYSE:IFF), ended its Tuesday’s trading session with -4.11% loss, and closed at $114.40.
International Flavors & Fragrances Inc (IFF) stated financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Results
- Currency neutral sales raised 6% reflecting broad-based growth in both businesses and across all regions. Sales to the emerging markets, which now represent 51% of total company sales, grew 9% on a currency neutral basis.
- Currency neutral adjusted operating profit raised 10% as compared to the preceding year quarter driven by strong sales growth, and manufacturing and RSA cost leverage. The net impact on adjusted earnings per share (EPS) was positive, increasing 13% on a currency neutral basis to $1.45 per share in the quarter.
- Stated sales raised $4.7 million, or 1%, to $774.9 million from $770.2 million in the preceding year quarter. On a stated basis, operating profit rose $5.7 million, or 4%, to $161.8 million from $156.1 million in the preceding year quarter and stated diluted EPS rose 21% to $1.57 from $1.30.
Plans at the end of this release contain reconciliations of stated GAAP to non-GAAP financial metrics.
International Flavors & Fragrances Inc., together with its auxiliaries, creates, manufactures, and supplies flavors and fragrances for use in various consumer products worldwide.
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