On Friday, in the course of current trade, Shares of Verizon Communications Inc. (NYSE:VZ), dropped -2.08%, and is now trading at $44.77.
Verizon Communications Inc., declared a quarterly dividend of 56.5 cents per outstanding share, an improvement of 1.5 cents per share, or 2.7 percent, from the previous quarter. On an annual basis, this improvements Verizon’s dividend by 6 cents per share, from $2.20 to $2.26 per share.
The quarterly dividend is payable on Nov. 2, 2015, to Verizon Communications shareowners of record at the close of business on Oct. 9, 2015.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
During an Afternoon trade, Shares of EOG Resources Inc (NYSE:EOG), dipped -0.68%, and is now trading at $76.93.
EOG Resources stated second quarter 2015 net income of $5.3 million, or $0.01 per share. This compares to second quarter 2014 net income of $706.4 million, or $1.29 per share.
Adjusted non-GAAP net income for the second quarter 2015 was $153.1 million, or $0.28 per share, contrast to the same preceding year period-adjusted non-GAAP net income of $796.0 million, or $1.45 per share. Adjusted non-GAAP net income is calculated by matching realizations to settlement months and making certain other adjustments in order to exclude one-time items. (Please refer to the attached tables for the reconciliation of non-GAAP measures to GAAP.)
Higher cash settlements from commodity derivative contracts and lower operating expenses were offset by lower commodity price realizations, resulting in decreases in adjusted non-GAAP net income, discretionary cash flow, and EBITDAX during the second quarter 2015 contrast to the second quarter 2014.
EOG Resources, Inc., together with its auxiliaries, explores for, develops, produces, and markets crude oil and natural gas. The company’s principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and Canada, Trinidad, the United Kingdom, and China.
Finally, Youku Tudou Inc (ADR) (NYSE:YOKU), lost -1.69% Friday.
Youku Tudou Inc., declared its unaudited financial results for the second quarter 2015.
Second Quarter 2015 Highlights
- Net revenues were RMB1.61 billion (US$259.6 million), a 57% improvement from the corresponding period in 2014. Non-GAAP net revenues were RMB1.51 billion (US$244.3 million) in the second quarter of 2015, a 58% improvement from the corresponding period in 2014.
- Gross profit was RMB254.1 million (US$41.0 million), an 11% improvement from the corresponding period in 2014. Non-GAAP gross profit was RMB253.8 million (US$40.9 million) in the second quarter of 2015, a 14% improvement from the corresponding period in 2014.
- Net loss was RMB342.0 million (US$55.2 million), as contrast to RMB142.3 million (US$23.0 million) from the corresponding period in 2014. Non-GAAP net loss was RMB220.7 million (US$35.6 million) in the second quarter of 2015, as contrast to RMB76.9 million (US$12.4 million) from the corresponding period in 2014.
- Basic and diluted loss per ADS, each representing 18 Class A ordinary shares of the Company, for the second quarter of 2015 amounted to RMB1.76 (US$0.28) and RMB1.76 (US$0.28), respectively. Non-GAAP basic and diluted loss per ADS for the second quarter of 2015 amounted to RMB1.13 (US$0.18) and RMB1.13 (US$0.18), respectively.
- Cash, cash equivalents, restricted cash and short-term investments totaled RMB8.33 billion (US$1.34 billion) as of June 30, 2015.
- Acquisition of property and equipment for the second quarter of 2015 was RMB71.5 million (US$11.5 million).
- Acquisition of licensed copyright for the second quarter of 2015 was RMB366.2 million (US$59.1 million).
Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables users to search, view, and share video content across various devices.
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