On Wednesday, Sonus Networks, Inc. (NASDAQ:SONS)’s shares inclined 0.72% to $6.97.
Sonus Networks, Inc. (SONS) a global leader in enabling and securing real-time communications, declared that it will report financial results for the second quarter of 2015 before the open of the market on Wednesday, July 29, 2015. Following the release, Sonus will host a conference call with the financial community at 8:30 a.m. ET to talk about the results.
Sonus Networks, Inc. provides networked solutions for communications service providers and enterprises. Its products comprise session border controllers (SBC) that address the network requirements for small, medium, and large businesses, in addition to for communications service providers; and open services switches for converting various types of voice signals into Internet protocol (IP) packets and transmitting those IP packets over a data network.
Hain Celestial Group Inc (NASDAQ:HAIN)’s shares gained 1.70% to $66.98.
The Hain Celestial Group (HAIN), headquartered in Lake Success, NY, is a leading organic and natural products company with operations in North America, Europe and India. For nearly 30 years the Earth’s Best Organic® brand has nurtured babies with pure, delicious certified organic foods from a trusted group of farmers. As the first complete line of certified U.S. Department of Agriculture (“USDA”) organic infant foods and formulas, Earth’s Best Organic® infant formula is specifically formulated to meet all U.S. Food and Drug Administration requirements for infant nutrition for the first 12 months of life when breastfeeding is not an option for you or your baby.
Earth’s Best Organic® Certified USDA Organic Infant Formula provides four options:
- Dairy Infant Formula
- Sensitivity Infant Formula
- Soy Infant Formula
- Dairy Toddler Formula.
Earth’s Best Organic® formula dominates the organic formula market with 65% dollar share and total growth of 43% contrast to a year ago[1].
Earth’s Best Organic® certified USDA organic infant formulas are made without genetically engineered ingredients, counting the feed administered to the cows that supply the milk ingredients used. Earth’s Best Organic® certified USDA organic infant formulas are also:
- Made with ingredients that are grown without the use of potentially harmful herbicides, pesticides and synthetic fertilizers;
- Contain milk ingredients from cows that are humanely raised and not treated with growth hormones or antibiotics; and
- Prohibit the use of ionizing radiation and sewage sludge in organic agriculture.
When selecting Earth’s Best Organic® infant formula that displays the USDA organic logo, you can be sure that you are providing pure ingredients that are good for your baby and the environment too.
The Hain Celestial Group, Inc., together with its auxiliaries, manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe. Its grocery products comprise infant formula, rice, non-dairy beverages, frozen desserts, flour and baking mixes, breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, granola and cereal bars, canned, chilled fresh, aseptic and instant soups, and greek-style yogurt, in addition to infant, toddler, and kids foods.
At the end of Wednesday’s trade, Fifth Street Finance Corp. (NASDAQ:FSC)‘s shares dipped -0.31% to $6.53.
Fifth Street Finance Corp. (FSC) declared that its portfolio company, HFG Holdings, LLC (“Healthcare Finance Group” or “HFG”), a specialty lender providing asset-backed lending and term loan products to various segments of the healthcare industry, has been sold to MidCap Financial. FSC attained HFG in June of 2013 and, together with administration, expanded the company’s suite of products and capabilities, positioning it for future growth.
Fifth Street Finance Corp. is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, and administration buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering, and media and advertising sectors.
UTi Worldwide Inc. (NASDAQ:UTIW), ended its Wednesday’s trading session with -4.40% loss, and closed at $9.55.
UTi Worldwide Inc. (UTIW) stated financial results for its fiscal 2016 first quarter ended April 30, 2015.
Fiscal First Quarter 2016 vs. Fiscal First Quarter 2015 Results
- Revenues reduced 6.8% to $973.3 million from $1,043.9 million
- Net revenues (revenues minus purchased transportation costs) reduced 10.8% to $329.5 million from $369.4 million
- On a constant currency basis, revenues raised 0.7% and net revenues reduced 3.1%, respectively
- Net loss attributable to UTi Worldwide Inc. reduced to $33.3 million from $43.7 million
- Diluted loss per share reduced to $0.35 from $0.44 per diluted common share
- Earnings before interest, taxes, depreciation and amortization, not taking into account severance and other items set out in the reconciliation comprised of with this press release (Adjusted EBITDA), reduced to $8.0 million from $18.2 million
Fiscal First Quarter 2016 vs. Fiscal Fourth Quarter 2015 Results
- Revenues raised 0.9% to $973.3 million from $964.6 million
- Net revenues raised 5.5% to $329.5 million from $312.2 million
- On a constant currency basis, revenues and net revenues raised 4.1% and 9.1%, respectively
UTi Worldwide Inc. operates as a non-asset-based supply chain services and solutions company. It operates through two segments, Freight Forwarding, and Contract Logistics and Distribution.
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