On Thursday, AFLAC Incorporated (NYSE:AFL)’s shares declined -0.77% to $64.04.
Aflac Incorporated (AFL) stated its second quarter results.
Reflecting the weaker yen/dollar exchange rate, total revenues reduced 9.4% to $5.3 billion during the second quarter of 2015, contrast with $5.8 billion in the second quarter of 2014. Net earnings were $573 million, or $1.32 per diluted share, contrast with $810 million, or $1.78 per share, a year ago.
Net earnings in the second quarter of 2015 comprised of after-tax net realized investment gains of $68 million, or $.16 per diluted share, contrast with net after-tax gains of $60 million, or $.13 per diluted share, a year ago. After-tax realized investment gains net of losses from securities transactions in the quarter were $60 million, or $.14 per diluted share. Hedging costs related to certain dollar investments of Aflac Japan on an after-tax basis, were $12 million in the quarter, or $.03 per diluted share. Realized after-tax net investment gains from other derivative and hedging activities in the quarter were $20 million, or $.05 per diluted share. In addition, net earnings comprised of an after-tax loss of $146 million, or $.34 per diluted share, from other and nonrecurring items primarily related to the early extinguishment of debt revealed in the first quarter.
Aflac Incorporated, through its partner, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, counting cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan.
Angie’s List Inc (NASDAQ:ANGI)’s shares gained 10.85% to $4.80.
Summer is well under way, and that means the dulcet tones of hammers and saws will be filling the air in neighborhoods across America.
Requests for information on remodeling contractors in June, July and August account for about one-third of the total remodeling requests for the other nine months of the year. Angie’s List members conducted nearly 80,000 searches for remodeling contractors in June alone.
Angie’s List (ANGI) has gathered consumer reviews on home-related, local service companies for 20 years. In a November 2014 Angie’s List survey of more than 1,000 service providers, 62 percent said they were expecting bigger budget projects contrast to last season.
Angie’s List, Inc. operates a local services marketplace and consumer review site in the United States. The company provides marketplace to research, shop for, and purchase local services for home, health, and automotive service needs. It also allows its consumers to rate and review service providers in 253 markets. In addition, the company provides advertising services to service providers through its monthly publication and call center; and on its Website, in addition to through mobile applications. Further, its e-commerce marketplace offers consumers to purchase services directly through its marketplace from service providers.
At the end of Thursday’s trade, Maxim Integrated Products Inc. (NASDAQ:MXIM)‘s shares dipped -0.20% to $34.41.
Maxim Integrated Products, Inc. (MXIM) net revenue of $583 million for its fourth quarter of fiscal 2015 ended June 27, 2015, a 1% enhance from the $577 million revenue recorded in the preceding quarter, and a 9% decrease from the same quarter of last year.
Fiscal Year 2015 Fourth Quarter Results
Based on Generally Accepted Accounting Principles (GAAP), diluted earnings per share in the June quarter was $0.34. The results were affected by pre-tax special items which primarily compriseed of $46 million in charges related to restructuring activities, $22 million in charges related to acquisitions and $36 million in other income related to the gain on a divestiture. GAAP earnings per share, not taking into account special items was $0.43. An analysis of GAAP as compared to GAAP not taking into account special items is offered in the last table of this press release.
Cash Flow Items
At the end of the fourth quarter of fiscal 2015, total cash, cash equivalents and short term investments were $1.63 billion, an enhance of $159 million from the preceding quarter. Notable items comprised of:
- Cash flow from operations: $222 million
- Net capital additions: $13 million
- Dividends: $80 million ($0.28 per share)
- Stock repurchases: $36 million
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits worldwide. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs. It primarily serves automotive, communications and data center, computing, consumer, and industrial markets.
Royal Caribbean Cruises Ltd (NYSE:RCL), ended its Thursday’s trading session with -1.32% loss, and closed at $82.80.
Royal Caribbean International and DreamWorks Animation commemorated the grand opening of the Kung Fu Panda Noodle Shop, a new family style eatery on board Quantum of the Seas and the first-ever DreamWorks Animation Kung Fu Panda themed restaurant on land or at sea. Guests will be able to give their taste buds a “Kung Fu” kick with the bold flavors of dim sum delights, savory noodle bowls and traditional Chinese desserts alongside Po and the cast of colorful characters from the DreamWorks Animation film Kung Fu Panda.
Following a 53-night global odyssey from New York to Shanghai, Quantum of the Seas set sail for the first time from her new homeport of Shanghai, China on June 25, 2015. She will sail three- to eight- night itineraries year-round from Shanghai to Japan and Korea. The newest addition on board, the Kung Fu Panda Noodle Shop will entice guests to indulge in four-piece dim sum, noodle bowls, such as Taiwanese spicy beef noodles, and desserts counting sesame balls and custard tart. Guests also can strike a pose with Po and the Furious Five for a keepsake picture sure to reveal their inner Dragon Warrior. Menu items are priced a la carte, ranging from $2 to $5.
Royal Caribbean Cruises, Ltd. operates as a cruise company. The company operates cruisers under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisières de France, and TUI Cruises brand names. The Royal Caribbean International brand provides cruise itineraries ranging from 2 to 18 nights with options for onboard dining, entertainment, and other onboard activities to various destinations.
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