Search
Wednesday 9 September 2015
  • :
  • :
Latest Update

News Report on: Two Harbors Investment (NYSE:TWO), Crown Castle International (NYSE:CCI), AFLAC (NYSE:AFL), Chemours Co (NYSE:CC)

On Tuesday, Two Harbors Investment Corp (NYSE:TWO)’s shares declined -0.05% to $9.37.

Two Harbors Investment Corp. (TWO) declared the appointment of Jeffrey Hurley as Managing Director and Chief Technology Officer. Mr. Hurley has over 25 years of experience in technology administration and has held leadership positions with Canada Pension Plan Investment Board, Nomura Holdings and various Fortune 500 companies counting The Walt Disney Company, Cendant, H&R Block and Lehman Brothers.

Preceding to joining the company, Mr. Hurley served as Managing Director, Head of Technology, at the Canada Pension Plan Investment Board since 2011. In this role, Mr. Hurley was responsible for leading the Information Technology department, working with Capital Markets, Private Investments and Real Estate teams in Toronto, New York, London, Hong Kong and San Paulo. From 2004 to 2011, Mr. Hurley served as an Executive Director, Fixed Income Technology at Nomura Holdings. Preceding to his time at Nomura Holdings, Mr. Hurley served in a variety of leadership roles with various Fortune 500 companies, counting The Walt Disney Company, Cendant, H&R Block and Lehman Brothers. Mr. Hurley holds a B.A. in Business Administration Finance from California State University, Fullerton, and an M.B.A. from the Marshall School of Business at University of Southern California.
Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights, commercial real estate debt and related assets, and other financial assets.

Crown Castle International Corp (NYSE:CCI)’s shares dropped -2.38% to $81.46.

Crown Castle International Corp. (CCI) declared that its Board of Directors has declared a quarterly cash dividend of $0.82 per common share. The quarterly dividend will be payable on September 30, 2015 to common stockholders of record at the close of business on September 18, 2015. Future dividends are subject to the approval of the Company’s Board of Directors.

Crown Castle International Corp., together with its auxiliaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The company provides towers and other structures, such as rooftops; and distributed antenna systems, a type of small cell network (small cells). It provides access, counting space or capacity to its towers, small cells, and third party land interests via long-term contracts in various forms, counting license, sublease, and lease agreements.

At the end of Tuesday’s trade, AFLAC Incorporated (NYSE:AFL)‘s shares surged 0.04% to $56.67.

Aflac, the leading provider of voluntary insurance at the work site in the United States, declared recently that it has introduced a new and improved accident product – Aflac Accident Advantage. The new supplemental accident insurance policy offers more flexibility for individual policyholders to choose different levels of coverage in addition to several industry-leading and improved benefits to assist further protect consumers from high out-of-pocket costs related to accidents and injuries.

According to the Centers for Disease Control, there are more than 80 million injury-related visits to doctors’ offices, hospital outpatient departments and emergency-treatment facilities in the U.S. each year.1 The National Safety Council indicates that the average medical expense for an accidental injury is $5,500.2 Yet, the reality is that 52 percent of American workers have less than $1,000 on hand to pay out-of-pocket expenses associated with unpredictable serious illnesses or accidents, and 28 percent have less than $500 accessible.3 To assist cover this gap, supplemental insurance policies like Aflac’s Accident Advantage can provide cash benefits that can be used to assist pay deductibles, copayments and everyday living expenses, counting rent or mortgage, utilities, child care or credit card debt.

Aflac Incorporated, through its partner, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, counting cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan.

Chemours Co (NYSE:CC), ended its Tuesday’s trading session with -3.15% loss, and closed at $9.37.

The Chemours Company (CC), a global chemical company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, declared financial results for the second quarter 2015. Chemours was a wholly-owned partner of DuPont during the period, and these results reflect a stand-alone basis of presentation.

Second quarter net sales were $1.5 billion, a decrease of 10 percent from $1.7 billion in the preceding-year quarter. Second quarter net loss was $18 million, or a pro forma net loss of $0.10 per diluted share, as compared to net income of $116 million in the second quarter 2014. Adjusted EBITDA was $127 million as compared to $235 million in the preceding year quarter. Profitability was reduced as a result of 11 percent lower-global- average local TiO2 prices, about $48 million from unfavorable currency movements and about $15 million from planned and unplanned plant outages. Lower year-over-year corporate and other operating costs partially offset these impacts.

The Chemours Company, a chemical company, provides titanium technologies, fluoroproducts, and chemical solutions. Its flagship products comprise brands, such as Teflon, Ti-Pure, Krytox Viton, Opteon, and Nafion. The company produces titanium dioxide, with Ti-Pure for coatings, plastics, laminates, and paper; and fluoroproducts, counting Teflon fluoropolymers, Krytox performance lubricants, Viton fluoroelastomers, and Opteon refrigerants.

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.




Leave a Reply

Your email address will not be published. Required fields are marked *