On Friday, Xylem Inc (NYSE:XYL)’s shares declined -2.00% to $34.53.
Xylem Inc. (XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, congratulates Perry Alagappan of Houston, Texas, as the 2015 winner of the United States Stockholm Junior Water Prize (SJWP), the world’s most prestigious youth award for water-related science and technology projects.
Alagappan’s project, “Novel Renewable Filter for Heavy Metal Removal: A Practical Application of Functionalized Multi-Walled Carbon Nanotubes,” focused on developing an effective, renewable filter to remove toxic heavy metal contaminants that permeate our water supplies due to the proliferation of electronic waste. The project received the top honor out of the 50 state entries at the national competition held in Herndon, Virginia from June 19-20. In August, Alagappan will represent the United States at the International Stockholm Junior Water Prize competition in Stockholm, Sweden, where he will compete with 30 other students from around the world. Alagappan will also receive a $10,000 scholarship toward enhancing his water science education.
Xylem has been a sponsor of the Stockholm Junior Water Prize for the past 17 years and was a leading voice in its creation. Through its corporate citizenship and social investment program, Xylem Watermark, Xylem is working to build awareness and demand for science, technology, engineering and mathematics (STEM) education and careers, particularly in the field of water technology.
Xylem Inc. engages in the design, manufacture, and application of engineered technologies for the water and wastewater applications. The company operates in two segments, Water Infrastructure and Applied Water. The Water Infrastructure segment offers various products, counting water and wastewater pumps, treatment and testing equipment, and controls and systems, in addition to filtration, disinfection, and biological treatment equipment under the Flygt, WEDECO, Godwin, WTW, Sanitaire, YSI, and Leopold names for transportation, treatment, and testing of water and wastewater for public utilities and industrial applications.
Fortune Brands Home & Security Inc (NYSE:FBHS)’s shares dropped -0.50% to $47.75.
Fortune Brands Home & Security, Inc. (FBHS), an industry-leading home and security products company, declared second quarter 2015 results from ongoing operations and updated its 2015 annual outlook for earnings per share.
Second Quarter 2015
For the second quarter of 2015, sales were $1.17 billion, an enhance of 13 percent over the second quarter of 2014. Earnings per share were $0.48, contrast to $0.51 in the preceding-year quarter. EPS before charges/gains were $0.59, contrast to $0.51 the same quarter last year. Operating income was $128.2 million, contrast to $125.5 million in the preceding-year quarter. Operating income before charges/gains was $150.5 million, contrast to $125.6 million the same quarter last year.
For each segment in the second quarter of 2015, contrast to the preceding-year quarter:
- Cabinet sales raised 18 percent to the preceding year. Not taking into account the impact of the Norcraft acquisition, sales raised 8 percent, with the dealer channel growing 10 percent and in-stock cabinet and vanities increasing high teens.
- Plumbing sales raised 5 percent, with growth across the U.S. wholesale and retail channels, offset somewhat by the impact of Canadian currency and slower China sales.
- Door sales were up 6 percent with growth in both the wholesale and retail channels.
- Security sales raised 28 percent driven by the SentrySafe acquisition.
Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, security applications, and storage. It operates in four segments: Cabinets, Plumbing, Doors, and Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, in addition to vanities for the kitchen, bath, and other parts of the home under various brand names, counting Aristokraft, Kitchen Craft, Kitchen Classics, Omega, Schrock, Homecrest, Decorá, Diamond, St. Paul, Kemper, Thomasville, and Martha Stewart Living in North America.
At the end of Friday’s trade, Cardtronics, Inc. (NASDAQ:CATM)‘s shares surged 3.90% to $37.07.
Cardtronics, Inc. (CATM) the world’s largest retail ATM owner, declared its financial and operational results for the quarter ended June 30, 2015.
Key financial statistics in the second quarter of 2015 as contrast to the second quarter of 2014 comprise:
- Total revenues of $303.7 million, up 17% from $260.0 million (21% on a constant-currency basis).
- ATM operating revenues of $285.4 million, up 13% from $252.1 million.
- Adjusted Net Income per diluted share of $0.71, up 16% from $0.61.
- Adjusted EBITDA of $74.0 million, up 14% from $64.9 million.
- Cash flows from operating activities of $55.7 million, up 31% from $42.4 million.
- GAAP net income of $15.0 million or $0.33 per diluted share contrast to GAAP net income of $14.0 million or $0.31 per diluted share.
Cardtronics, Inc. provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. It operates through U.S., Europe, and Other International segments. The company offers cash dispensing and bank account balance inquiries, in addition to other consumer financial services, counting bill payments, check cashing, remote deposit capture, and money transfer services.
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