On Friday, Linn Energy LLC (NASDAQ:LINE)’s shares inclined 0.28% to $3.54.
LINN Energy, LLC (LINE) and LinnCo, LLC (LNCO) declared monthly distributions and dividends, respectively.
LINN Energy, LLC declared a monthly cash distribution of $0.1042 per unit, or $1.25 per unit on an annualized basis, for all of its outstanding units. The distribution will be payable September 16, 2015, to unitholders of record as of the close of business on September 11, 2015.
LinnCo, LLC declared a monthly cash dividend of $0.1042 per common share, or $1.25 per share on an annualized basis, for all of its outstanding common shares. The dividend will be payable September 17, 2015, to shareholders of record as of the close of business on September 11, 2015.
Linn Energy, LLC, an independent oil and natural gas company, acquires and develops oil and natural gas properties in the Unites States. Its properties are located in the Rockies, the Hugoton Basin, California, east Texas and north Louisiana, the Mid-Continent, the Permian Basin, Michigan/Illinois, and south Texas. As of December 31, 2014, the company had proved reserves of 7,304 billion cubic feet equivalent; and operated 19,591 gross productive wells. Linn Energy, LLC was founded in 2003 and is headquartered in Houston, Texas.
Esterline Technologies Corporation (NYSE:ESL)’s shares dropped -6.03% to $77.00.
Esterline Technologies Corporation (ESL) stated fiscal second-quarter profit of $19.8 million.
On a per-share basis, the Bellevue, Washington-based company said it had profit of 63 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were $1.20 per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
The aerospace and defense supplier posted revenue of $500.1 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks predictable $526.2 million.
Esterline Technologies anticipates full-year earnings in the range of $4.55 to $4.80 per share, with revenue in the range of $1.83 billion to $1.88 billion.
Esterline Technologies shares have fallen slightly more than 2 percent since the starting of the year. In the final minutes of trading on Thursday, shares hit $107.01, a decrease of 4 percent in the last 12 months.
Esterline Technologies Corporation designs, manufactures, and markets engineered products and systems primarily for aerospace and defense customers in the United States and internationally. It operates through three segments: Avionics & Controls, Sensors & Systems, and Advanced Materials. The Avionics & Controls segment offers global positioning systems, head-up displays, improved vision systems, and electronic flight administration systems for control and display applications.
At the end of Friday’s trade, Allstate Corp (NYSE:ALL)‘s shares dipped -1.62% to $57.04.
Ride-hailing continues to grow in popularity; whether you’re a commuter looking for ways to save on transportation or protect the planet, or a driver trying to set your own plan and make some extra cash.
Drivers with Lyft are getting a new perk. Allstate Roadside Services (ARS), one of the nation’s leading providers of roadside assistance, is announcing it is offering 24/7 pay-per-use roadside assistance to drivers on the Lyft platform, if they find themselves needing assist while on the road.
Allstate Roadside Services has offered roadside assistance for more than 50 years. ARS administers roadside assistance through Allstate Motor Club.
The Allstate Corporation, through its auxiliaries, engages in the property-liability insurance and life insurance businesses in the United States and Canada. The companys Allstate Protection segment sells private passenger auto and homeowners insurance products under the Allstate, Encompass, Esurance brand names. It also provides specialty auto products, counting motorcycle, trailer, motor home, and off-road vehicle insurance policies; other personal lines products comprising renter, condominium, landlord, boat, umbrella, and manufactured home insurance policies; roadside assistance products; and commercial products for small business owners, in addition to insurance agency services. In addition, this segment sells retirement and investment products, counting mutual funds, fixed and variable annuities, disability insurance, and long-term care insurance products. Further, it sells its products through contact centers and Internet.
Adobe Systems Incorporated (NASDAQ:ADBE), ended its Friday’s trading session with -1.83% loss, and closed at $76.89.
Adobe (ADBE) declared that it has received Federal Risk and Authorization Administration Program (FedRAMP℠) Authority to Operate, a rigorous cloud security assessment for vendors that sell to the federal government. FedRAMP represents the future of digital government by providing a standardized, secure process of selecting cloud service providers that can be used across government agencies. The authorization for Adobe is sponsored by the Department of Health and Human Services.
With this certification, Adobe is the first FedRAMP cloud service provider to deliver web content administration, electronic forms with eSignatures, web-conferencing, eLearning, and document rights administration, as verified by an independent third-party assessment organization. These services are delivered in a hybrid cloud architecture with Software as a Service (SaaS) capabilities from Adobe Experience Manager and Adobe Connect.
Adobe Systems Incorporated is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, in addition to their administration in marketing departments and agencies, companies, and publishers.
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