On Friday, Cameron International Corporation (NYSE:CAM)’s shares declined -2.92% to $44.01.
Cameron (CAM) plans to hold a conference call on Thursday, October 22, 2015 at 9:30 a.m. eastern time to talk about its financial results for the third quarter of 2015. The company anticipates to issue a press release on its quarterly financial results the same day, before the U.S. markets open.
Cameron International Corporation provides flow equipment products, systems, and services worldwide. The company’s Subsea segment offers integrated solutions, products, systems, and services to the subsea oil and gas market, including integrated subsea production systems involving wellheads, subsea trees, manifolds and flowline connectors, and subsea processing systems. Its Surface segment provides onshore and offshore platform wellhead systems and processing solutions, including valves, chokes, actuators, Christmas trees, and aftermarket services to oil and gas operators. This segment also offers rental equipment and artificial lift technologies; and products and services involving shale gas production.
Firstmerit Corp (NASDAQ:FMER)’s shares dropped -0.95% to $17.66.
FirstMerit Corporation (FMER) declared that its Board of Directors has declared a dividend of $14.69 per share, or $0.36725 per depository share, on the Company’s 5.875% non-cumulative perpetual preferred stock, Series A, payable November 4, 2015, to shareholders of record on October 20, 2015.
FirstMerit Corporation operates as the bank holding company for FirstMerit Bank N.A. that provides various banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers. The company’s Commercial segment offers commercial term loans, revolving credit arrangements, asset-based lending, leasing, commercial mortgages, real estate construction lending, and letters of credit, in addition to treasury administration, government banking, international banking, merchant card, and other depository products and services. Its Retail segment provides retail financial products and services, counting consumer direct and indirect installment loans, debit and credit cards, debit gift cards, residential mortgage loans, home equity loans and lines of credit, deposit products, fixed and variable annuities, and ATM network services. This segment also offers deposit products comprising checking, savings, and money market accounts, in addition to certificates of deposit.
At the end of Friday’s trade, Delphi Automotive PLC (NYSE:DLPH)‘s shares dipped -3.34% to $72.07.
Delphi Automotive PLC (DLPH) declared it has named Bethany J. Mayer to its board of directors effective Oct. 1.
Mayer is the president and chief executive officer of Ixia, a provider of comprehensive network solutions. Ixia specializes in assisting organizations build secure network architectures designed to mitigate security breaches throughout the network’s lifecycle.
Throughout her career with HP, Mayer held numerous leadership positions counting senior vice president and general manager of HP’s Networking Business unit and vice president, marketing and alliances for HP’s Enterprise Servers, Storage and Networking Group. Mayer has extensive experience working in the technical industry, holding positions at companies such as Cisco Systems, Apple Computer and Lockheed Martin.
Delphi Automotive PLC, together with its auxiliaries, manufacturers vehicle components; and provides electrical and electronic, powertrain, safety, and thermal technology solutions to the automotive and commercial vehicle markets worldwide. The company operates through four segments: Electrical/Electronic Architecture, Powertrain Systems, Electronics and Safety, and Thermal Systems.
Viavi Solutions Inc (NASDAQ:VIAV), ended its Friday’s trading session with -1.29% loss, and closed at $5.35.
Viavi Declares Fiscal Fourth Quarter and Year End 2015 Results
Fourth Quarter
- GAAP and Non-GAAP Net Revenue of $427.7 million
- GAAP Gross margin of 45.5%; Non-GAAP Gross margin of 47.8%
- GAAP EPS of $(0.16); Non-GAAP EPS of $0.13
GAAP net revenue for fiscal 2015 fourth quarter was $427.7 million, with net loss of $(37.3) million, or $(0.16) per share. Preceding quarter GAAP net revenue was $410.7 million, with net loss of $(13.2) million, or $(0.06) per share. GAAP net revenue for fiscal 2014 fourth quarter was $448.6 million, with net loss of $(25.4) million, or $(0.11) per share.
Non-GAAP net revenue for fiscal 2015 fourth quarter was $427.7 million, with net income of $29.8 million, or $0.13 per share. Preceding quarter non-GAAP net revenue was $410.7 million, with net income of $27.6 million, or $0.12 per share. Non-GAAP net revenue for fiscal 2014 fourth quarter was $448.6 million, with net income of $34.2 million, or $0.14 per share.
Viavi Solutions Inc. engages in the network enablement, service enablement, and optical security and performance products businesses. Its software and hardware platforms and instruments deliver end-to-end visibility across physical, virtual, and hybrid netoperates. The company offers network and service enablement solutions that enable the design, development, deployment, and maintenance of communication equipment and netoperates. Its product portfolio comprises of test tools, platforms, microprobes, software, and services for wireless and fixed netoperates.
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