On Monday, Shares of Hewlett-Packard Company (NYSE:HPQ), gained 0.87% to $33.70.
Steelwedge, the leader in cloud collaborative planning solutions, declared that Vijay Guliam, senior director, Global Supply Chain at HP (HPQ) will present a session at the Gartner Supply Chain Executive Conference to be held in Phoenix May 12 – 14 at the JW Marriott Phoenix Desert Ridge Resort & Spa.
HP’s session will be hosted by Terrie O’Hanlon, Chief Marketing Officer for Steelwedge, and will reveal how HP has united sales, finance, product, supply chain, operations and partners to protect and enhance customer satisfaction. It will be held from noon to 1:00 p.m. on Wednesday, May 13th, in the Grand Canyon Ballroom on Level 1 of the facility.
HP’s Supply Chain connects over 600 suppliers and 200 manufacturing and distribution nodes. Serving over 200,000 retail and enterprise customers, it is one of the industry’s largest supply chains. The session will focus on how HP manages its supply chain planning processes to:
- Enhance responsiveness to changes in supply and demand
- Drive innovation and change while maintaining stability
- Enable end-to-end visibility and consistency of data across external partners in addition to across a variety of internal roles, counting Sales, Finance, Product, Operations and Supply Chain.
Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to the government, health, and education sectors worldwide.
Shares of Nuverra Environmental Solutions, Inc. (NYSE:NES), skyrocketed 31.04% to $4.77, during its last trading session.
Nuverra Environmental Solutions, declared financial and operating results for the first quarter ended March 31, 2015.
SUMMARY OF RESULTS
- Revenue from ongoing operations was $119.1 million, contrast with $128.0 million in the first quarter of 2014, due to declines in the Rocky Mountain and Southern Divisions, partly offset by growth in the Northeast Division.
- Net loss from ongoing operations was $12.0 million for the quarter, or a loss of $0.44 per diluted share, contrast with a net loss from ongoing operations of $11.9 million, or a loss of $0.48 per diluted share, for the first quarter of 2014.
- Adjusted net loss from ongoing operations, not taking into account special items, was $11.3 million for the quarter, or a loss of $0.41 per diluted share, contrast with adjusted net loss from ongoing operations of $8.1 million, or a loss of $0.32 per share in the first quarter of 2014.
- First-quarter Adjusted EBITDA from ongoing operations was $18.7 million, a 15.7% margin, contrast with $18.9 million, a 14.8% margin, in 2014.
- Net cash offered by operating activities from ongoing operations was $34.8 million for the quarter; free cash flow of $30.6 million.
- Days sales outstanding at 65 days at the end of Q1, contrast to 71 days at the end of 2014.
Nuverra Environmental Solutions, Inc. provides full-cycle environmental solutions to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. It offers environmental solutions for unconventional oil and gas exploration and production, counting the delivery, collection, treatment, recycle, and disposal of restricted environmental products used in the development of unconventional oil and natural gas fields in the Bakken, Utica, Eagle Ford, Mississippian Lime, and Permian Shale areas, in addition to the Haynesville, Marcellus, and Barnett Shale areas.
At the end of Monday’s trade, Shares of XL Group plc (NYSE:XL), lost -0.51% to $36.79.
XL GROUP, declared that Director Eugene M. McQuade has been designated as Chairman of the Board.
Mr. McQuade has been a Director of the Company since 2004 and recently stepped down as Vice Chairman of Citigroup. He has formerly been Chief Executive Officer of Citibank, President of Bank of America Corporation and President and Chief Operating Officer of FleetBoston Financial Corporation, among others. Mr. McQuade succeeds Robert R. Glauber, who had served as Chairman since 2009. Mr. Glauber will remain a Director of the Board and will Chair the Risk and Finance Committee.
XL GROUP Public Limited Company, an insurance and reinsurance company, provides property, casualty, and specialty products to industrial, commercial, and professional firms; and insurance companies and other enterprises worldwide. The company operates in two segments: Insurance and Reinsurance.
Finally, Clean Diesel Technologies Inc. (NASDAQ:CDTI), ended its last trade with 5.53% gain, and closed at $2.10.
Clean Diesel Technologies, will be a supplier of DuraFit(TM), its new line of original equipment manufacturer (OEM) replacement diesel particulate filters (DPFs), to the New York City Department of Sanitation (DSNY) fleet. The DSNY operates the largest municipal-owned sanitation fleet in the world comprising of about 3,000 vehicles counting refuse collection trucks and mechanical street sweepers. Mondial Automotive, a regional distributor for CDTi, will supply DuraFit products to the DSNY fleet.
“This important fleet win with the DSNY demonstrates the growing distribution reach of DuraFit, which addresses the $300 million plus replacement filter market,” stated Chris Harris, CDTi’s President and CEO. “DuraFit is an important growth driver in our Heavy Duty Diesel Systems division. We are excited the DSNY selected DuraFit to provide exceptional durability and service life, in addition to filtration performance that either meets or exceeds the requirements of increasingly stringent environmental regulations.”
Rocco DiRico, Deputy Commissioner with DSNY said, “This product has and will continue to be put to the test under the extreme operating conditions faced by the New York City Sanitation Fleet.”
Designed and manufactured in North America, DuraFit DPFs are exact-fit OEM replacements that meet or exceed OEM emissions requirements and are backed by an industry-leading two-year, unlimited mileage warranty. DuraFit DPFs address a growing opportunity in the heavy duty aftermarket to replace original equipment DPF units.
Clean Diesel Technologies, Inc. manufactures and distributes light duty vehicle catalysts and heavy duty diesel emissions control systems and products to automakers, distributors, integrators, and retrofitters in the United States, Canada, Sweden, and the United Kingdom.
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.
