On Tuesday, Shares of JetBlue Airways Corporation (NASDAQ:JBLU), gained 6.65% to $21.02, hitting its highest level.
JetBlue Airways, stated its results for the first quarter 2015:
- Operating income of $253 million in the first quarter. This compares to operating income of $41 million in the first quarter of 2014
- Pre-tax income of $222 million in the first quarter. This compares to pre-tax income of $6 million in the first quarter of 2014.
- Net income of $137 million, or $0.40 per diluted share. This compares to JetBlue’s first quarter 2014 net income of $4 million, or $0.01 per diluted share.
Second Quarter and Full Year Outlook
For the second quarter of 2015, CASM not taking into account fuel and profit sharing is predictable to enhance between 1.0% and 3.0% as compared to the year-ago period. Not taking into account fuel and profit sharing, CASM for the full year 2015 is forecasted to grow between zero and two percent year over year.
Capacity is predictable to enhance between 5.5% and 7.5% in the second quarter 2015 and between 7.0% and 9.0% for the full year, in line with preceding guidance.
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts.
At the end of Tuesday’s trade, Shares of Trina Solar Limited (NYSE:TSL), jumped 4.44% to $13.18.
Trina Solar, declared that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2014 with the Securities and Exchange Commission on April 24, 2015. The annual report on Form 20-F can be accessed on Trina Solar’s investor relations website at http://ir.trinasolar.com/phoenix.zhtml?c=206405&p=irol-sec.
Trina Solar Limited operates as an integrated solar-power products manufacturer and solar system developer in the People’s Republic of China, Europe, the United States, and other Asia Pacific regions.
Rice Energy Inc. (NYSE:RICE), ended its last trade with 4.44% gain, and closed at $23.31.
Rice Midstream Partners LP (RMP) declared the Board of Directors of its general partner has approved a cash distribution of $0.1875 per common unit for the first quarter 2015. The distribution is payable on May 14, 2015, to unitholders of record on May 5, 2015.
Rice Midstream Partners LP is a fee-based, growth-oriented limited partnership formed by Rice Energy Inc. (RICE) to own, operate, develop and acquire midstream assets in the Appalachian basin.
Rice Energy Inc., an independent natural gas and oil company, engages in the acquisition, exploration, and development of natural gas, oil, and natural gas liquid (NGL) properties in the Appalachian Basin.
Finally, Freeport-McMoRan Inc. (NYSE:FCX), closed at $22.68, with 3.94% gain, after Morgan Stanley upgraded its rating on the natural resource company to “overweight” from “equal weight” last morning.
The firm said it raised its rating on Freeport-McMoRan as its concerns about financing have been reduced due to ramping volumes and cost declines, theflyonthewall.com reports, adding that Morgan Stanley believes that the company’s copper growth projects are close to an inflection and enhances in production will result in a 28% rise in volume at a lower cost and reduced capex.
Morgan Stanley also noted that Freeport-McMoRan is considering the sale of public equity for a minority interest in its oil and gas partner, which could result in the unlocking of additional value and create more funding and reduce its energy business’ debt, theflyonthewall.com said.
Freeport-McMoRan Inc., a natural resource company, engages in the acquisition of mineral assets, and oil and natural gas resources. It primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, in addition to oil and gas.
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