On Monday, Shares of Cenovus Energy Inc (USA) (NYSE:CVE), lost -0.30% to $16.44.
Cenovus Energy is declaring that after extensive and successful careers at Cenovus and its predecessor companies, four Cenovus executives have made the decision to retire. Their transitions off the executive team will start at different times over the course of 2015. To minimize disruption to Cenovus’s business and ensure the transitions are orderly and managed, the retiring executives will continue in varying capacities until the end of the first quarter of 2016.
Cenovus Energy Inc., an integrated oil company, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada with refining operations in the United States.
Shares of Foot Locker, Inc. (NYSE:FL), inclined 0.03% to $ 63.22, during its last trading session.
Foot Locker, stated financial results for its first quarter ended May 2, 2015.
First Quarter Results
Net income for the Company’s first quarter ended May 2, 2015 was $184 million, or $1.29 per share, contrast with net income of $162 million, or $1.10 per share, last year, a 17 percent enhance. First quarter comparable-store sales raised 7.8 percent. Total first quarter sales raised 2.6 percent, to $1,916 million this year, contrast with sales of $1,868 million for the corresponding preceding-year period. Not taking into account the effect of foreign currency fluctuations, total sales for the first quarter raised 7.9 percent.
The Company’s gross margin rate improved to 35.0 percent of sales from 34.6 percent a year ago, while the selling, general, and administrative expense rate improved to 18.0 percent of sales from 19.0 percent.
Foot Locker, Inc. operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers.
At the end of Monday’s trade, Shares of Axiall Corp (NYSE:AXLL), lost -1.86% to $ 37.01.
Axiall Corporation declared that Chief Financial Officer Greg Thompson will address investors and analysts at the Morgan Stanley Leveraged Finance Conference on Thursday, June 4, 2015, at 9:00 a.m. Eastern time and at the Barclays High Yield and Syndicated Loan Conference on Thursday, June 11, 2015 at 1:30 p.m. Eastern time.
Axiall Corporation manufactures and markets chemicals and building products in the United States and internationally. The company operates through three segments: Chlorovinyls, Building Products, and Aromatics.
Finally, 21Vianet Group Inc (NASDAQ:VNET), ended its last trade with 4.32% gain, and close at $ 18.84.
21Vianet Group, declared its unaudited financial results for the first quarter of 2015.
First Quarter 2015 Financial Highlights
- Net revenues raised by 46.8% to RMB860.1 million (US$138.7 million) from RMB586.0 million in the comparative period in 2014.
- Adjusted EBITDA raised by 47.8% to RMB166.9 million (US$26.9 million) from RMB112.9 million in the comparative period in 2014.
Mr. Josh Chen, Founder, Chairman and Chief Executive Officer of the Company, stated, “Our year is off to a solid start with demand for our internet data center (“IDC”) and cloud businesses driving top-line revenue growth and EBITDA expansion. For our IDC business, we had a strong quarter of cabinet sales and a robust pipeline. We further expanded our data center portfolio to a total of 22,024 cabinets at the end of the first quarter, representing a growth of 46.1% year-over-year. In the first quarter, we also extended the commercial operator agreement for public cloud services with Microsoft for four additional years. The extension further strengthens our leadership position in China’s cloud computing services market and speaks to our unique competitive advantage in the market. However, we also practiced some softness in our MNS and CDN businesses this quarter, due to stronger than predictable seasonality and the continued industry-wide decline in bandwidth prices. We are actively working with our customers and suppliers to further optimize our cost structure and address these challenges. As we enter seasonally strong second half of 2015, we are confident in our ability to re-accelerate our growth and continue executing on our strategies to capture a greater share of the growing data center and cloud services markets.”
21Vianet Group, Inc. provides carrier-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small- to mid-sized enterprises in the Peoples Republic of China. It offers hosting and related services to house servers and networking equipment in its data centers, and connects them through a data transmission network; and other hosting related value-added services.
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