On Thursday, Fastenal Company (NASDAQ:FAST)’s shares declined -0.17% to $42.10.
Fastenal Company (FAST) declared the date and time for their conference call to review 2015 second quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Tuesday, July 14, 2015 at 9:00 a.m. Central Time.
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. Its fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures.
BRF SA (ADR) (NYSE:BRFS)’s shares gained 3.41% to $20.95.
Bovespa (BRFS), following CVM Instruction 358 of January 3, 2002, as amended, following the Material Fact of September 3, 2014 and the Declarements to the Market of December 5, 2014 and May 8, 2015, hereby informs its shareholders and the market in general that on this date the Company has accomplished the sale of its dairy division to Lactalis do Brasil – Comercio, Importacao e Exportacao de Laticinios Ltda. (“Transaction”), counting the sale of 100% of the shares of Elebat Alimentos S.A. (“Elebat”), an entity into which BRF has contributed the rights and obligations related to its dairy division. The value of the Transaction was about R$2.1 billion.
BRF S.A., together with its auxiliaries, focuses on raising, producing, and slaughtering poultry, pork, and beef in Brazil. It operates in three segments: Domestic Market (Brazil), Foreign Market (International), and Food Service. The company is also involved in processing and selling fresh meat, processed products, pasta, sauce, mayonnaise, frozen vegetables, and soybean by-products. Its product portfolio comprises whole chickens and cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine, sauces, and mayonnaise; and soy meal and refined soy flour, and animal feed. The company primarily sells its products under the Sadia, Perdigão, and Qualy brands, in addition to Deline, Hot Pocket, Soltíssimo, Prezato, Sadilar, Miss Daisy, Chester, Ouro, Na Brasa, Meu Menu, Sanduba, Mini Chicken, Cotochés, Perdix, Borella, Hilal, Unef, Confidence, Paty, and Danica brands through its distribution centers to supermarkets, retail stores, wholesalers, restaurants, and other institutional customers.
At the end of Thursday’s trade, Plains All American Pipeline, L.P. (NYSE:PAA)‘s shares surged 1.42% to $43.00.
Plains All American Pipeline, L.P. (PAA) stated cleanup costs for the oil spill that took place last month nearly 20 miles west of Santa Barbara, CA. According to the partnership, the cleanup costs have reached $65 million so far and are running at the rate of $3 million per day.
Investors are wary about the adequate safety measures in the pipelines adopted by the Zacks Rank #5 (Strong Sell) midstream operator. As a result, shares of the partnership dropped 9.7% from May 19 to close at $44.76 yesterday.
Plains All American Pipeline, L.P., through with its auxiliaries, engages in the transportation, storage, terminal ling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2014, this segment owned and leased 17,800 miles of active crude oil, and NGL and gathering systems; 29 million barrels of active and above-ground tank capacity; 800 trailers; 149 transport and storage barges; and 72 transport tugs.
KB Home (NYSE:KBH), ended its Thursday’s trading session with -1.25% loss, and closed at $16.58.
KB Home (KBH), one of the nation’s largest and most recognized homebuilders, recently declared the grand opening of its Stonecrest at The Cove community in San Jacinto. With its picturesque natural setting and sweeping mountain views, Stonecrest offers homebuyers a great opportunity to own a new home in a desirable master-planned community near major transportation and employment corridors.
Residents at Stonecrest can take advantage of the community’s proximity to I-215, I-10 and Highway 74 for convenient travel to popular destinations like Mt. San Jacinto College, Hemet Valley Mall and Diamond Valley Lake, in addition to Palm Springs resorts in the Coachella Valley and Beaumont.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
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