On Friday, King Digital Entertainment PLC (NYSE:KING)’s shares inclined 1.90% to $15.02.
King Digital Entertainment PLC (KING) declared the launch of its first word-based ‘Saga’ game, AlphaBetty Saga. Now accessible to download for free from the AppStore and Google Play, this new game challenges players to take an exciting journey into the world of words, accompanied by an adventurous band of mice.
AlphaBetty Saga sets players off on a bold new quest as Betty, a young mouse living in the 1930s, follows her grandfather, Professor Alpha, and his loyal assistant, Barney, to discover lost words to complete the “Encyclopedia of Everything”. As the world’s authority on collecting words, Professor Alpha will call on players to assist him complete the legendary book.
This vibrant word-based game uses non-linear gameplay to enhance creative word play and planned opportunities for players as they are tasked with connecting adjacent letters to create words, score points and ultimately advance through a world very much like our own except for one small detail – it’s inhabited by mice and much of it is made of cheese!
King Digital Entertainment plc, an interactive entertainment company, produces and distributes digital games on multiple platforms in the United States, the United Kingdom, Germany, and internationally. The company primarily provides Candy Crush Saga, Candy Crush Soda Saga, Farm Heroes Saga, Pet Rescue Saga, and Bubble Witch 2 Saga games.
Sabre Corp (NASDAQ:SABR)’s shares dropped -1.12% to $25.56.
Sabre Corp (SABR) has partnered with Star Alliance to offer automated Round the World (RTW) and Circle Trip (CT) airfares through the Sabre GDS.
Earlier this year, Sabre declared its partnership with the Airline Tariff Publishing Company (ATPCO) to create a new industry standard for purchasing RTW and CT fares. The new automated booking technology will assist travel agents reduce the cost of selling RTW and CT products, which, in turn, will enhance sales of these itineraries for carriers.
This new Sabre technology provides a complete fare price to the agent for the passenger’s entire journey. Formerly, when booking multi-destination RTW itineraries for travelers, agents had to manually construct the fare after calculating the mileage and checking the fare conditions of a passenger’s journey. Agencies will also benefit from reduced Agency Debit Memo costs (ADMs), sent by airlines when there is a discrepancy between the fare sold to the customer by the agency and the airline’s published price.
Sabre Corporation provides technology solutions to the travel and tourism industry worldwide. It operates in two segments: Travel Network, and Airline and Hospitality Solutions. The Travel Network segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, counting airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators, with a network of travel buyers comprising online and offline travel agencies, travel administration companies, and corporate travel departments. The Airline Hospitality Solutions segment offers a portfolio of software technology products and solutions through software-as-a-service and hosted delivery models to airlines, hotel properties, and other travel suppliers.
At the end of Friday’s trade, ReneSola Ltd. (ADR) (NYSE:SOL)‘s shares surged 7.69% to $1.40.
ReneSola Ltd. (ADR) (SOL) stated adjusted loss of 7 cents per American Depositary Share (“ADS”) in the first quarter of 2015, widely missing the Zacks Consensus Estimate of a loss of 5 cents by 40%.
The company has shifted its focus from the low-margin wafer business to high-margin module business but witnessed lower average selling price (“ASP”) of modules. Results were also influenced by a foreign exchange loss of $16.1 million due to the depreciation of European currencies and the yen against the U.S. dollar.
Investors reacted negatively to the wider-than-predictable loss, resulting in shares losing 7.7% in two days’ trading session to close at $1.32 on Jun 3, 2015.
Revenues
ReneSola’s net revenue of $349 million missed the Zacks Consensus Estimate of $362 million by 3.6%. Stated revenues also declined 15.9% from $415 million in the prior-year quarter and 9.8% from $387 million in the preceding quarter. The decrease was due to the negative impact of lower ASP of modules and wafer shipments in the stated quarter.
Shipments
In the quarter under review, total solar wafer and module shipments were 691.5 megawatts (“MW”), down 2.6% year over year and 7.1% sequentially. Module shipments were 496.4 MW, down 4.7% year over year but up 1.6% sequentially. Wafer shipments stood at 195.1 MW, up 3.2% year over year but down 23.8% sequentially.
The geographic breakdown of module shipments in the first-quarter are as follows: Europe represented 44.4% of ReneSola’s total shipments, Japan 30.4%, China 4.8% and the U.S. 3.3%, while the rest of the world accounted for 17.1%. A noteworthy enhance in shipments to the UK drove contribution from the European market, while the company’s shift toward high-margin markets resulted in poor shipments to the U.S. and China.
ReneSola Ltd, through its auxiliaries, manufactures and sells various solar power products. It operates through two segments, Wafer, and Cell and Module. The company offers virgin polysilicon; mono crystalline and multi crystalline solar wafers; and photovoltaic cells.
3D Systems Corporation (NYSE:DDD), ended its Friday’s trading session with 1.01% gain, and closed at $21.97.
3D Systems Corporation (DDD) declared its role in a $1.3 million contract to design, build and test a cutting-edge aircraft heat exchanger to be manufactured using 3D printing. Led by Honeywell International, a world leader in heat exchanger production, this project will utilize 3DS’ Direct Metal Printing (DMP) technology in addition to the additive manufacturing and materials expertise of Penn State’s Center for Innovative Materials Processing through Direct Digital Deposition (CIMP-3D). Such qualified use of additive manufacturing will not only revolutionize jet engine manufacturing, but it will also open the technology to a multibillion-dollar heat exchanger market.
The project, set to commence in mid-2015, builds off another contract declared in February to enable wider adoption of 3DS’ metal technologies within aerospace companies.
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The company’s 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
