On Tuesday, Swift Transportation Co (NYSE:SWFT)’s shares inclined 3.24% to $23.60.
Swift Transportation Company (SWFT) will release its earnings for the second quarter ended June 30, 2015 after market close on Monday, July 27, 2015 in the form of a letter to stockholders. The letter will be published on the company’s website at http://investor.swifttrans.com/, as well as filed with the SEC on a form 8-K.
Swift Transportation Company operates as a multi-faceted transportation services company in North America. The company operates through four segments: Truckload, Dedicated, Central Refrigerated, and Intermodal. The Truckload segment provides services through one-way movements over irregular routes utilizing company’s and owner-operator tractors with dry van, flatbed, and specialized trailing equipment. The Dedicated segment offers tailored solutions under long-term contracts utilizing refrigerated, dry van, flatbed, and other specialized trailing equipment.
Tesoro Corporation (NYSE:TSO)’s shares dropped -0.76% to $98.83.
Tesoro Corporation (TSO) plans to release its earnings for the second quarter 2015 after the market closes on Wednesday, August 5, 2015. The Company will broadcast, live, its conference call with analysts regarding second quarter results and other business matters on Thursday, August 6, 2015, at 7:30 a.m. CT. Interested parties may listen to the live conference call over the Internet by logging on to www.tsocorp.com.
Tesoro Corporation, through its auxiliaries, engages in petroleum refining and marketing activities in the United States. It operates in three segments: Refining, Tesoro Logistics LP (TLLP), and Retail. The Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, in addition to other products, counting heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt.
At the end of Tuesday’s trade, C&J Energy Services, Ltd. (NYSE:CJES)‘s shares surged 0.09% to $10.69.
C&J Energy Services, Ltd. (CJES) declared that on June 4, 2015, C&J’s board of directors accepted the resignation of Mr. Michael C. Linn and Nabors Industries Ltd.’s (“Nabors”) designation of Mr. Sheldon R. Erikson as Mr. Linn’s replacement. Nabors’ designation of Mr. Erikson follows talk about between Mr. Anthony Petrello, Nabors’ Chairman and Chief Executive Officer, and Mr. Josh Comstock, C&J’s Chairman and Chief Executive Officer, regarding C&J’s ongoing integration and international expansion strategies. Mr. Erikson’s qualifications were also reviewed by C&J’s Nominating & Governance Committee, who recommended to the full C&J board that Mr. Erikson be designated to the vacancy filled by Mr. Linn’s resignation. Both Nabors and C&J believe that Mr. Erikson’s depth of planned and operational expertise, coupled with broad industry experience, will be extremely valuable as C&J continues to grow and expand internationally. Nabors’ designation of Mr. Erikson is following Nabors’ right to designate three C&J directors, in addition to Mr. Comstock as Chairman, until the earlier of March 24, 2020 and such date that Nabors beneficially owns less than 15% of C&J’s issued and outstanding common shares. In addition to serving on the board of directors, Mr. Erikson has replaced Mr. Linn on the Compensation Committee and the Nominating & Governance Committee of the board.
C&J Energy Services, Ltd. provides completion and production services for oil and gas industry primarily in North America. The company provides a range of well services involved in the completion, life-of-well maintenance, and plugging and abandonment of a well to oil and natural gas drilling and production companies.
Genworth Financial Inc (NYSE:GNW), ended its Tuesday’s trading session with 0.79% gain, and closed at $7.64.
Genworth Financial Inc (GNW) has lost half its market value in the last year, but one large trade is betting that further declines will be limited.
optionMONSTER’s tracking systems detected the sale of 8,330 December 6 puts in one print for the bid price of $0.23 right out of the gate this morning. This is clearly a new position, as open interest in the strike was just 1,211 contracts before the trade occurred.
The put seller collects the $0.23 premium and is looking for GNW to stay above $6 through expiration in mid-December. If the stock falls below that strike price, the trader will be on the hook to buy shares at that level.
GNW is unchanged at $8 in early trade but down some 53 percent in the last 12 months. The insurance firm gapped up after its last earnings report in late April but has since given up those gains and fallen back into a tight range that has been in place for most of the year.
Genworth Financial, Inc. provides insurance, retirement, and homeownership solutions in the United States and internationally. It operates through U.S. Life Insurance, International Mortgage Insurance, U.S. Mortgage Insurance, International Protection, and Runoff segments.
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