On Wednesday, E I Du Pont De Nemours And Co(NYSE:DD)’s shares declined -1.39% to $53.15.
DuPont (DD) has named Jeanmarie F. Desmond as its vice president and controller, effective Aug. 17, succeeding Barry J. Niziolek who plans to retire in September following 34 years of service to the company.
Desmond, who joined DuPont in 1989, was most recently the general auditor and chief ethics and compliance leader. Formerly, she spent her career in leadership roles in controllership, investor relations, tax, and financial planning and analysis.
Desmond earned a B.S. in Accounting from Mt. St. Mary’s University in Emmitsburg, Md. She is a member of the American Institute of Certified Public Accountants and Financial Executives International.
E.I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides.
Select Medical Holdings Corporation (NYSE:SEM)’s shares gained 0.73% to $13.72.
Select Medical Holdings Corporation (SEM) declared results for its second quarter ended June 30, 2015.
On June 1, 2015, MJ Acquisition Corporation, a joint venture that Select Medical created with Welsh, Carson, Anderson & Stowe XII, L.P. (“WCAS”), consummated the acquisition of Concentra Inc. (“Concentra”), which provides occupational health, consumer health, physical therapy, and veteran’s healthcare services throughout the United States. Select Medical owns 50.1% of the voting interests of Concentra Group Holdings, LLC, the indirect parent of Concentra. Concentra’s financial results are merged with Select Medical’s effective June 1, 2015.
For the second quarter ended June 30, 2015, net operating revenues raised 14.8% to $887.1 million, contrast to $772.8 million for the same quarter, preceding year. Income from operations was $85.0 million for the second quarter ended June 30, 2015, contrast to $82.2 million for the same quarter, preceding year. Net income attributable to Select Medical was $36.9 million for the second quarter ended June 30, 2015, contrast to $35.3 million for the same quarter, preceding year. Net income before interest, income taxes, depreciation and amortization, gain (loss) on early retirement of debt, stock compensation expense, Concentra acquisition costs, equity in earnings (losses) of unmerged auxiliaries and other income (expense) (“Adjusted EBITDA”) for the second quarter ended June 30, 2015 raised 13.4% to $114.9 million, contrast to $101.4 million for the same quarter, preceding year. A reconciliation of net income to Adjusted EBITDA is presented in table VIII of this release. Income per common share for the second quarter ended June 30, 2015 was $0.28 on a fully diluted basis contrast to income per common share of $0.27 for the same quarter, preceding year.
Select Medical Holdings Corporation, through its partner, Select Medical Corporation, operates specialty hospitals and outpatient rehabilitation clinics in the United States. It operates in two segments, Specialty Hospitals and Outpatient Rehabilitation. The Specialty Hospitals segment provides long term acute care hospital services and inpatient acute rehabilitative hospital care. This segment offers various medical services for the treatment of respiratory failure, neuromuscular disorders, traumatic brain and spinal cord injuries, strokes, non-healing wounds, cardiac disorders, renal disorders, and cancer.
At the end of Wednesday’s trade, Palo Alto Netoperates Inc (NYSE:PANW)‘s shares surged 0.26% to $174.11.
Palo Alto Netoperates® (PANW), the next-generation security company, declared availability of the PA-7080, the newest and most powerful addition to its family of next-generation firewalls.
Large enterprises and telecommunications service providers are constant targets of cyberattacks. Cybercriminals seek to steal customer information from their data centers, disrupt services and leverage service provider net operates as vectors for attacks on businesses and consumers. As data centers and net operates grow in capacity, speed, and complexity, a security offering that delivers prevention against cyberattacks at scale is needed.
Palo Alto Netoperates addresses this challenge head-on with the Palo Alto Netoperates security platform that comprises of the Palo Alto Netoperates Next-Generation Firewall, Threat Intelligence Cloud, and Advanced Endpoint Protection. The platform eliminates the security, performance, and operational shortcomings of legacy products and siloed security architectures. It is designed to prevent successful cyberattacks while delivering scalable performance, policy automation, and orchestration.
Palo Alto Netoperates, Inc. provides enterprise security platform to enterprises, service providers, and government entities worldwide. Its platform comprises Next-Generation Firewall that delivers application, user, and content visibility and control, in addition to protection against network-based cyber threats; and Threat Intelligence Cloud that offers central intelligence capabilities, in addition to automated delivery of preventative measures against cyber attacks.
KAR Auction Services Inc (NYSE:KAR), ended its Wednesday’s trading session with -1.05% loss, and closed at $38.78.
nsurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (KAR), and the leading live and live-online salvage auto auction company, recently declared the recent expansion of its Austin branch. The facility, now comprising 57 acres, offers IAA buyers and sellers an improved auction experience.
IAA relocated its Austin branch in July 2012 to the current location, which initially spanned 37 acres and featured two covered run-and-drive lanes and 250 feet of covered motorcycle and high-value vehicle storage area. The recent expansion of 20 acres, accomplished this month, gives IAA more versatility in providing quality service and raised production to a higher volume of customers.
IAA’s unmatched operational expertise assists to provide end-to-end solutions and standardized quality assurance practices. IAA buyers have access via their mobile devices and can bid on up to eight auctions at a time. The IAA Auction Center offers auctions in six languages counting: English, Spanish, Mandarin Chinese, French, Polish and Russian. An estimated 30 percent of IAA’s vehicles are sold and exported to foreign countries, which further strengthens its philosophy of choice and flexibility with “anywhere” access and mobile technology.
KAR Auction Services, Inc., together with its auxiliaries, provides vehicle auction services in North America. It operates in three segments: ADESA Auctions, IAA, and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. It also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession administration and remarketing, and analytical services. This segment sells its products and services through vehicle manufacturers, rental car companies, and finance companies.
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