On Tuesday, Ascent Solar Technologies, Inc. (NASDAQ:ASTI)’s shares inclined 16.34% to $0.102.
Ascent Solar Technologies, Inc. ( ASTI), a developer of state-of-the-art, flexible thin-film photovoltaic modules, integrated into the Company’s EnerPlex™ series of consumer products, stated results for the second quarter ending June 30, 2015.
Q2 & H1-2015 Financial Results
Total revenue for the second quarter of 2015 was $2.2M, up about 105% from the same period last year. Loss from Operations in the quarter was ($6.9M), an improvement of about $1M or 12.6% from ($7.9M) in the same period last year.
For the six months ended June 30, 2015, total revenue was $2.9M, up from $1.8M in H1-2014 or about 57% growth. Loss from Operations improved by about 11% or $1.7M from ($15.5M) in H1-2014 to ($13.8M) in H1-2015, due to a combination of increasing sales and improved operational efficiencies while keeping operating expenses marginally down. These expenses are predictable to remain relatively flat while we continue to ramp up on revenue growth.
Ascent Solar Technologies, Inc., a development stage company, designs and manufactures photovoltaic integrated consumer electronics; and portable power applications for commercial and military users. The company offers Surfr, a battery and a solar case for the Apple iPhone 4/4S smart phone, in addition to for the Samsung Galaxy S III smart phone; EnerPlex Kickr, a portable solar charging device; and EnerPlex Jumpr, a portable power bank.
New York Community Bancorp, Inc. (NYSE:NYCB)’s shares gained 0.03% to $16.66.
New York Community Bancorp, Inc. (NYCB) (the “Company”), the parent of New York Community Bank (the “Community Bank”) and New York Commercial Bank (together, the “Banks”) recently declared the appointment of Leslie D. Dunn-an practiced corporate law and governance professional and an accomplished businesswoman-to the Boards of Directors of the Company and the Banks, effective September 1, 2015.
A member of the Advisory Board of the Community Bank’s Ohio Savings Bank Division since its inception, Ms. Dunn has been an independent director of the Federal Home Loan Bank (“FHLB”) of Cincinnati since 2007, serving not only on its Audit and Compensation Committees, but also as Governance Committee Chair. In addition, Ms. Dunn is an independent director of E&H Family Group, Inc., an Ohio-based business that operates chains of supermarket and hardware stores. A member of the firm’s Finance Committee, she also serves as Compensation Committee Chair.
Ms. Dunn’s board experience also comprises over 15 years as a director of Telarc International Corporation, a Grammy Award-winning recording company, and service on the advisory board of Brown Flynn Communications.
New York Community Bancorp, Inc. operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in New York, New Jersey, Florida, Ohio, and Arizona. The company offers various deposit products that comprise checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts.
At the end of Tuesday’s trade, ConAgra Foods Inc (NYSE:CAG)‘s shares dipped -2.08% to $40.34.
ConAgra Foods, Inc. (CAG) declared Darren Serrao has been designated to the new position of chief growth officer, effective, August 17, 2015. Serrao will report to chief executive officer, Sean Connolly.
As chief growth officer, Serrao will lead the Growth Center of Excellence at ConAgra Foods that comprises insights, innovation, research and development and marketing. The Growth Center joins multiple departments to improve connectivity and boost speed-to-market, ensuring strong insights lead to relevant and timely products with the right marketing support.
ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through three segments: Consumer Foods, Commercial Foods, and Private Brands. The Consumer Foods segment provides branded food products in various categories, such as meals, entrees, condiments, sides, snacks, and desserts to various retail channels, such as frozen, refrigerated, and shelf-stable temperature classes. This segment’s principal brands comprise ACT II, Banquet, Blue Bonnet, Chef Boyardee, DAVID, Egg Beaters, Healthy Choice, Hebrew National, Hunt’s, Marie Callender’s, Orville Redenbacher’s, PAM, Peter Pan, Reddi-wip, Slim Jim, Snack Pack, Swiss Miss, Van Camp’s, and Wesson. The Commercial Foods segment offers frozen and sweet potato items, vegetable products, spices, bakery goods, and grain products to commercial, restaurants, foodservice, food manufacturing, and industrial customers under the Alexia, Lamb Weston, and Spicetec Flavors & Seasonings brands.
Nielsen NV (NYSE:NLSN), ended its Tuesday’s trading session with -1.95% loss, and closed at $42.80.
Nielsen N.V. (NLSN) declared second quarter 2015 results. Revenues were $1,559 million for the second quarter of 2015, down 2.2% due to the impact of foreign exchange, but up 4.8% on a constant currency basis, contrast to the second quarter of 2014.
Adjusted EBITDA for the second quarter raised 1.7% to $468 million, or 7.3% on a constant currency basis contrast to the second quarter of 2014. As a percentage of revenues, adjusted EBITDA grew 116 basis points, or 72 basis points on a constant currency basis, due to the accretive impact of our investments in coverage and analytics capabilities and the benefit of our ongoing productivity initiatives.
Income from ongoing operations for the second quarter raised 52.6% to $116 million, an enhance of 103.5% on a constant currency basis, contrast to the second quarter of 2014. The year over year enhance is largely driven by fees associated with refinancing during the second quarter of 2014, which were not incurred in the second quarter of 2015, and the benefit of ongoing productivity initiatives. Income from ongoing operations per share, on a diluted basis, was $0.31 contrast to $0.19 in the second quarter of 2014.
Nielsen N.V. operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch and listen. Its Buy segment provides data on retail measurement services, such as market share and competitive sales volumes; insights into distribution, pricing, merchandising, and promotion; consumer panel measurement, which offers insight into shopper behavior and customer segmentation; and consumer intelligence and analytical services for decision making in development and marketing cycles.
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