On Tuesday, Mosaic Co (NYSE:MOS)’s shares declined -3.19% to $43.83.
The Mosaic Company (MOS) stated second quarter 2015 net earnings of $391 million, contrast to $248 million in the second quarter of 2014. Earnings per diluted share were $1.08 in the quarter contrast to $0.64 last year. Notable items positively influenced current quarter earnings per share by $0.03. Mosaic’s net sales in the second quarter were $2.5 billion, up from $2.4 billion in sales last year. Operating earnings during the quarter were $510 million, up from $403 million a year ago. The year-over-year change was driven by higher phosphates operating earnings primarily as a result of higher sales volumes, and higher potash operating earnings as a result of higher realized prices and benefits from lower operating costs, partially offset by higher Canadian resource taxes.
The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash. The Phosphates segment owns and operates mines in Florida. It offers concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products. This segment also offers phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names.
Bill Barrett Corporation (NYSE:BBG)’s shares dropped -6.25% to $4.95.
Barrett Corporation (BBG) declared that the Company will take part in the following investor events:
- August 17, 2015 – Chief Executive Officer and President, Scot Woodall, will present at EnerCom’s The Oil and Gas Conference at 4:00 p.m. MT. The event will be webcast and will be accessible on the Company’s website at www.billbarrettcorp.com. The presentation for this event will be posted preceding to the market open on Monday, August 17, 2015.
- September 10, 2015 – Chief Executive Officer and President, Scot Woodall, will present at the Barclays CEO Energy-Power Conference at 9:45 a.m. ET. The event will be webcast and will be accessible on the Company’s website at at www.billbarrettcorp.com. The presentation for this event will be posted preceding to the market open on Wednesday, September 9, 2015.
Bill Barrett Corporation, an independent energy company, acquires, explores for, and develops oil and natural gas resources in the United States. It primarily holds interests in the Denver-Julesburg basin, the Uinta oil program in the Uinta Basin, and the Gibson Gulch area in the Piceance basin in the Rocky Mountain region of the United States. The company was founded in 2002 and is headquartered in Denver, Colorado.
At the end of Tuesday’s trade, Alcatel Lucent SA (ADR) (NYSE:ALU)‘s shares dipped -2.46% to $3.57.
Alcatel-Lucent (ALU) is to deploy its Rapport™ communications software with the world’s largest telecommunications service provider, China Mobile, enabling it to simplify and consolidate video, voice and messaging services onto a single platform.
As a result of the deployment, China Mobile will be able to offer high-quality, high-definition VoLTE (voice over LTE) services for the first time in China, paving the way for future cloud-based services.
China Mobile will be able to leverage Rapport’s native APIs and WebRTC (Web Real Time Communications) capabilities to create new contextual applications and services, enabling subscribers to personalize how they connect with others using video, voice and messaging on any connected device. The deployment will also set the stage for China Mobile to offer new services through the use of voice over Wi-Fi®.
Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.
Wynn Resorts, Limited (NASDAQ:WYNN), ended its Tuesday’s trading session with -4.30% loss, and closed at $99.53.
Wynn Resorts, Limited (WYNN) stated financial results for the second quarter ended June 30, 2015.
Net revenues for the second quarter of 2015 were $1,040.5 million, contrast to $1,412.1 million in the second quarter of 2014. The decline was the result of a 35.8% net revenue decrease from our Macau Operations and a 6.2% decrease in net revenues from our Las Vegas Operations. Adjusted property EBITDA (1) was $295.4 million for the second quarter of 2015, a 36.8% decrease from $467.4 million in the second quarter of 2014.
On a US GAAP basis, net income attributable to Wynn Resorts, Limited for the second quarter of 2015 was $56.5 million, or $0.56 per diluted share, contrast to net income attributable to Wynn Resorts, Limited of $203.9 million, or $2.00 per diluted share, in the second quarter of 2014.
Adjusted net income attributable to Wynn Resorts, Limited (2) in the second quarter of 2015 was $75.0 million, or $0.74 per diluted share (adjusted EPS), contrast to an adjusted net income attributable to Wynn Resorts, Limited of $215.1 million, or $2.11 per diluted share, in the second quarter of 2014.
Wynn Resorts, Limited, together with its auxiliaries, develops, owns, and operates destination casino resorts. It operates in two segments, Macau Operations and Las Vegas Operations. The company operates Wynn Macau and Encore at Wynn Macau resort located in the People’s Republic of China.
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