On Friday, Following U.S. Stocks were among the “Top Losers”: Vector Group Ltd. (NYSE:VGR), Oceaneering International, Inc. (NYSE:OII), ONEOK Inc. (NYSE:OKE), Century Aluminum Co. (NASDAQ:CENX)
Vector Group, (NYSE:VGR), with shares declined -3.21%, closed at $21.39.
Oceaneering International, (NYSE:OII), with shares dropped -3.18%, settled at $49.34, hitting new 52-week low of $48.86.
ONEOK, (NYSE:OKE), with shares dipped -3.17%, and closed at $44.87.
Century Aluminum, (NASDAQ:CENX), plummeted -3.17%, and closed at $14.36.
Latest NEWS regarding these Stocks are depicted underneath:
Vector Group Ltd. (NYSE:VGR)
Formerly on March 4, Vector Group Ltd. (VGR), declared that it has declared a regular quarterly cash dividend on its ordinary stock of $0.40 per share. The quarterly cash dividend will be payable on March 31, 2015 to holders of record as of March 18, 2015.
Vector Group is a holding corporation that indirectly owns Liggett Group LLC, Vector Tobacco Inc. and Zoom E-Cigs LLC and directly owns New Valley LLC, which owns a controlling interest in Douglas Elliman Realty, LLC. Vector Group Ltd., through its auxiliaries, primarily manufactures and sells cigarettes in the United States. The corporation operates through Tobacco, E-Cigarettes, and Real Estate segments.
Oceaneering International, Inc. (NYSE:OII)
Formerly on February 19, Oceaneering International, Inc. (OII), declared that its Board of Directors, on February 19, 2015, designated Roderick A. Larson, 48, as President and Chief Operating Officer of Oceaneering.
Mr. Larson has been with Oceaneering since May 2012, serving as Senior Vice President and Chief Operating Officer with worldwide responsibility for all of Oceaneering’s oilfield business operations. In 2014, these operations accounted for more than 90% of Oceaneering’s proceed and over 95% of its operating revenue. Formerly, Mr. Larson was with Baker Hughes Incorporated for more than 20 years.
- Kevin McEvoy, Chief Executive Officer, stated, “Rod’s promotion recognizes his contribution to the growth we have achieved since he joined Oceaneering and the confidence our Board has in his ability to continue to lead the organization in the future. Since 2012, proceed and operating revenue from our oilfield operations have raised 36% and 45%, respectively.”
Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its advanced applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.
ONEOK Inc. (NYSE:OKE)
ONE Gas, Inc. (OGS), declared that Robert S. “Sid” McAnnally has joined ONE Gas as senior vice president, operations, effective Mar. 16, 2015.
In his role at ONE Gas, McAnnally will oversee all natural gas distribution operations and be a part of the corporation’s leadership team reporting to Pierce H. Norton II, president and chief executive officer. He brings to the corporation a diverse background and executive leadership experience in the natural gas distribution industry, most recently as senior vice president, marketing and customer service at Alabama Gas Corporation.
McAnnally succeeds Gregory A. Phillips, who was named vice president, commercial, and will report to Caron A. Lawhorn, senior vice president, commercial.
ONE Gas, Inc. (OGS) is a natural gas distribution corporation and the successor to the corporation founded in 1906 as Oklahoma Natural Gas Corporation, which became ONEOK, Inc. (OKE) in 1980. On January 31, 2014, ONE Gas officially separated from ONEOK into a stand-alone, 100 percent regulated, publicly traded natural gas utility. ONEOK, Inc. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments.
Century Aluminum Co. (NASDAQ:CENX)
Formerly on February 24, Century Aluminum Co. (CENX), stated net revenue of $61.8 million ($0.64 per ordinary share) for the fourth quarter of 2014. Results were positively influenced by $6.9 million ($0.07 per ordinary share) for purchase accounting related to the attainment of the remaining 50.3% interest of Mt. Holly and negatively influenced by $5.0 million ($0.05 per ordinary share) in non-cash, non-recurring pension charges and by $2.6 million ($0.03 per ordinary share) related to the separation of former senior executives.
Sales for the fourth quarter of 2014 were $551.2 million contrast with $401.2 million for the fourth quarter of 2013. Shipments of primary aluminum for the fourth quarter of 2014 were 226,082 tonnes contrast with 216,755 tonnes shipped in the fourth quarter of 2013.
For the fourth quarter of 2013, Century stated a net loss of $9.7 million ($0.11 per ordinary share). Cost of sales for the fourth quarter of 2013 comprised of a benefit of $16.6 million related to deferred power contract liability amortization and $9.0 million for lower inventory costs. Results also comprised of an $8.4 million charge related to the separation of our former chief executive officer.
For full year 2014, the corporation stated net revenue of $112.5 million ($1.16 per ordinary share). Results were positively influenced by a benefit of $5.5 million related to power contract amortization, an unrealized gain of $1.4 million, primarily related to an LME-based contingent obligation and by $6.9 million for purchase accounting related to the attainment of the remaining 50.3% interest of Mt. Holly. Results were negatively influenced by $5.0 million in non-cash, non-recurring pension charges, $3.6 million for litigation related items and by $2.6 million related to the separation of former senior executives.
Sales for the year ended December 31, 2014 were $1,931.0 million contrast with $1,454.3 million for 2013. Shipments of primary aluminum for 2014 were 867,125 tonnes contrast with 764,598 tonnes for 2013 period.
For 2013, Century stated a net loss of $40.3 million ($0.45 per ordinary share). Results were positively influenced by a $31.0 million benefit for deferred power contract liability amortization, $2.2 million in litigation items and an unrealized gain of $16.8 million, primarily related to an LME-based contingent obligation. In addition, the corporation recorded a gain on bargain purchase of $5.3 million related to the Sebree attainment. Results for 2013 were negatively influenced by relocation costs of $5.8 million, a loss on early extinguishment of debt of $3.3 million and an $8.4 million charge related to the separation of our former chief executive officer.
Century Aluminum Corporation, together with its auxiliaries, produces primary aluminum in the United States and Iceland. It produces standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes.
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