On Friday, Lions Gate Entertainment Corp. (USA) (NYSE:LGF)’s shares inclined 6.42% to $37.61.
In a move bringing cutting edge entertainment technology to one of its most exciting new brands, Lionsgate (LGF), a premier next generation global content leader, declared recently that it is partnering with leading game developer and publisher Starbreeze (STAR:OMX) to launch a first-person shooter game in virtual reality (VR) based on Lionsgate`s box office hit John Wick. Best in class virtual reality studio and distributor WEVR, the company responsible for theBlu: Encounter, which was used to introduce the HTC Vive VR platform earlier this year, will transport players with the creation of a fully immersive VR experience that will introduce the game. Grab, the acclaimed development team with extensive mobile games and VR experience, will spearhead the development. Starbreeze will be publishing the product across multiple VR platforms.
The companies will team to create a standalone, first-person shooter game based on the world and characters of the John Wick films and centered around the infamous Continental Hotel. In addition, Starbreeze will further integrate the John Wick storyline into its wildly popular Payday game, which has over nine million players worldwide, facilitating cross promotion and integration of the two games. John Wick producer Basil Iwanyk of Thunder Road Pictures and the movie`s production team will be collaborating closely with the WEVR and Grab teams for the development of the VR game and experience.
Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, channel platforms, and international distribution and sales activities. The company operates through two segments, Motion Pictures and Television Production.
ICICI Bank Ltd (ADR) (NYSE:IBN)’s shares dropped -0.78% to $10.14.
India’s largest private sector bank, declared the launch of ‘Video Banking’ for all its NRI (Non Resident Indian) customers. Using this service, the customers can now connect with a customer care representative over a video call, round-the-clock, on all days from anywhere using their smartphone. Customers need to authenticate themselves to use this service.
ICICI Bank Limited, together with its auxiliaries, provides banking and financial services in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. It offers commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking, and treasury products and services.
At the end of Friday’s trade, Plains All American Pipeline, L.P. (NYSE:PAA)‘s shares surged 1.32% to $35.38.
Plains All American Pipeline, L.P. (PAA) and Plains GP Holdings (PAGP ) stated second-quarter 2015 results.
PAA stated solid second quarter results, with adjusted EBITDA of $486 million, which was about $26 million above the mid-point of our quarterly guidance range, said Greg L. Armstrong, Chairman and CEO of Plains All American. PAA will pay a quarterly distribution of $0.695 per limited partner unit next week, which is the equivalent of $2.78 per unit on an annualized basis, while PAGP will pay a quarterly distribution of $0.227 per Class A share, or $0.908 per share on an annualized basis. These distributions represent a 7.8% and 23.8% enhance over comparative distributions paid in the same quarter of 2014, respectively.
Armstrong added, Based on this outlook, we have reduced the midpoint of our full-year guidance for adjusted EBITDA by $50 million. The resulting midpoint guidance of $2.275 billion remains in line with the full-year guidance range offered at the starting of the year, albeit near the lower end of the initial range. Importantly, PAA remains well positioned to manage through industry down cycles and capitalize on attractive opportunities as it ended the second quarter of 2015 with about $3.1 billion of committed liquidity, a strong balance sheet and credit metrics that comprise with our targeted levels.
Plains All American Pipeline, L.P., through with its auxiliaries, engages in the transportation, storage, terminal ling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges.
FXCM Inc (NYSE:FXCM), ended its Friday’s trading session with -6.82% loss, and closed at $0.960.
- FXCM Inc. (FXCM), a leading online provider of foreign exchange, or FX, trading and related services, recently declared for the quarter ended June 30, 2015, U.S. GAAP trading revenue from ongoing operations of $59.2 million, contrast to $74.4 million for the quarter ended June 30, 2014, a decrease of 20%. U.S. GAAP net loss attributable to FXCM Inc. from ongoing operations was $98.9 million for the second quarter 2015 or $2.03 per fully diluted share, contrast to U.S. GAAP net loss attributable to FXCM Inc. from ongoing operations of $2.6 million or $0.07 per fully diluted share for the second quarter 2014.
For the six months ended June 30, 2015, U.S. GAAP trading revenue from ongoing operations of $128.4 million, contrast to $156.6 million for the six months ended June 30, 2014, a decrease of 18%. U.S. GAAP net loss attributable to FXCM Inc. from ongoing operations was $492.2 million for the six months ended June 30, 2015 or $10.28 per fully diluted share, contrast to U.S. GAAP net loss attributable to FXCM Inc. from ongoing operations of $3.4 million or $0.09 per fully diluted share for the six months ended June 30, 2014.
FXCM Inc., through its auxiliaries, provides online foreign exchange (FX) trading and related services to retail and institutional customers worldwide. The company operates in two segments, Retail Trading and Institutional Trading. It acts as an agent between retail customers and a collection of global banks and financial institutions by making foreign currency markets for customers trading in foreign exchange spot markets.
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