On Wednesday, Interpublic Group of Companies Inc (NYSE:IPG)’s shares inclined 3.30% to $19.10.
Interpublic Group (IPG) declared that the company`s Board of Directors has declared a quarterly dividend on IPG common stock of $0.12 per share, payable on September 15, 2015 to holders of record at the close of business on September 1, 2015.
The Interpublic Group of Companies, Inc. provides advertising and marketing services. The company operates in two segments, Integrated Agency Netoperates and Constituency Administration Group. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines.
Goodyear Tire & Rubber Co (NASDAQ:GT)’s shares gained 2.34% to $28.48.
The Goodyear Tire & Rubber Company (GT) declared that Peter R. Rapin will join the company as vice president and treasurer. He will report to Laura K. Thompson, executive vice president and chief financial officer.
Rapin most recently served as vice president, treasury and tax for TRW Automotive (now part of ZF Friedrichshafen AG) where he directed the global treasury, tax, insurance, and pension functions.
Preceding to joining TRW in 2003, Rapin spent eight years with Engelhard Corp., a specialty chemical company, where he served as treasurer from 1998 to 2003 and assistant treasurer from 1995 to 1998. He began his career at Westinghouse Electric Corp. in 1981 where he held various senior treasury positions.
The Goodyear Tire & Rubber Company develops, manufactures, distributes, and sells tires, and related products and services in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, in addition to under the private-label brands.
At the end of Wednesday’s trade, Basic Energy Services, Inc (NYSE:BAS)‘s shares dipped -4.19% to $3.43.
Basic Energy Services, Inc. (BAS) stated selected operating data for the month of July 2015. Basic’s well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 55,400 producing a rig utilization rate of 52%, contrast to 55% and 69% in June 2015 and July 2014, respectively.
During the month, Basic’s fluid service truck count reduced by five to 1,007. Fluid service truck hours for the month were 193,200 contrast to 193,200 and 214,900 in June 2015 and July 2014, respectively.
Drilling rig days for the month were 69 producing a rig utilization of 19%, contrast to 17% and 89% in June 2015 and July 2014, respectively.
Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. This segment operates 291 pumping units; and 66 air compressor packages, counting 36 snubbing units, 16 coiled tubing units, and 10 wireline units.
Automatic Data Processing (NASDAQ:ADP), ended its Wednesday’s trading session with 5.82v% gain, and closed at $77.80.
ADP(R) (ADP), a leading global provider of Human Capital Administration (HCM) solutions, recently declared its fourth quarter and fiscal 2015 financial results and offered an initial outlook for fiscal 2016.
For the quarter, revenues from ongoing operations grew 5% to $2.7 billion and were negatively influenced three percentage points by unfavorable foreign currency translation. Pretax earnings grew 7% to $382 million and were negatively influenced two percentage points by unfavorable foreign currency translation. Pretax margin expanded 30 basis points in the quarter to 14.2%, which comprised of a negative impact of about 20 basis points from the client funds extended investment strategy. Diluted earnings per share from ongoing operations raised 15% to $0.55 on a lower effective tax rate and fewer shares outstanding contrast with last year’s fourth quarter, and comprised of higher-than-anticipated selling expenses resulting from exceptionally strong new business bookings that exceeded internal expectations.
Automatic Data Processing, Inc., together with its auxiliaries, provides technology-based outsourcing solutions to employers worldwide. The company operates through Employer Services and Professional Employer Organization (PEO) Services segments. The Employer Services segment offers a range of business outsourcing and human capital administration (HCM) solutions, counting payroll services, benefits administration services, talent administration solutions, human resources administration solutions, time and attendance administration solutions, insurance services, retirement services, and tax compliance and payment solutions.
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