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Tuesday 4 August 2015
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Pre-Market Stocks Roundup: Deckers Outdoor (NYSE:DECK), Herbalife (NYSE:HLF), Chimera Investment (NYSE:CIM), RSP Permian (NYSE:RSPP)

On Monday, Deckers Outdoor Corp (NYSE:DECK)’s shares declined -1.78% to $71.58.

Deckers Brands (DECK), a global leader in designing, marketing and distributing innovative footwear, apparel and accessories, declared financial results for the first quarter of fiscal 2016 which ended June 30, 2015.

First Quarter Fiscal 2016 Financial Review

  • Net sales raised 4.5% to $221 million on a constant currency basis contrast to $211.5 million for the same period last year. On a stated basis, net sales raised 1.1%.
  • Gross margin was 40.5% contrast to 41.0% for the same period last year.
  • SG&A expense as a percentage of sales was 70.3% contrast to 64.9% for the same period last year.
  • Diluted loss per share was $(1.43) contrast to a diluted loss per share of $(1.07) for the same period last year.

Deckers Outdoor Corporation designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. It offers luxurious comfort footwear, handbags, apparel, home, and cold weather accessories under the UGG brand name; casual sandals, shoes, and boots under the Teva brand name; and action sport footwear under the Sanuk brand name.

Herbalife Ltd. (NYSE:HLF)’s shares dropped -1.47% to $49.75.

Global nutrition company Herbalife (HLF) declared its support of more than 700 Special Olympics athletes, coaches and staff from around the world who are coming to Los Angeles to compete in the 2015 Special Olympics World Games, starting on July 25, counting one of the World Games’ youngest athletes.

The support of Special Olympics athletes from countries in Central America, Asia Pacific, and Europe, is in addition to Herbalife’s official role as Games Supplier for the World Games, which comprises providing nutrition bars to athletes, coaches, staff, volunteers and honored guests at all sports venues and general dining areas.

Herbalife Ltd., a nutrition company, develops and sells weight administration, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products. The company offers science-based products in four principal categories, counting weight administration; targeted nutrition; energy, sports, and fitness; and outer nutrition. The weight administration product portfolio comprises meal replacement, protein shakes, drink mixes, weight loss enhancers, and healthy snacks.

At the end of Monday s trade, Chimera Investment Corporation (NYSE:CIM)‘s shares surged 0.28% to $14.27.

Chimera Investment Corporation. (CIM) declared that it will release its financial results for the quarter ended June 30, 2015 after the market close on Wednesday August 5, 2015. The Company will conduct a conference call and audio webcast to talk about the results on Thursday, August 6, 2015 at 11:00 a.m. EDT.

Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its auxiliaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes. Its targeted asset classes comprise non-agency RMBS, such as investment-grade and non-investment grade classes; agency RMBS; interest-only RMBS; and first or second lien loans secured by multifamily properties, mixed residential or other commercial properties, retail properties, office properties, and industrial properties.

RSP Permian Inc (NYSE:RSPP), ended its Monday’s trading session with 1.98% loss, and closed at $24.31.

RSP Permian, Inc. (RSPP) stated financial and operating results for the quarter ended June 30, 2015, raised its 2015 outlook, and declared bolt-on acquisitions in the core of the Midland Basin. In addition, the Company filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2015 with the Securities and Exchange Commission (the “SEC”) and posted an updated quarterly presentation on its website at www.rsppermian.com.

Second Quarter 2015 Highlights

  • Production raised by 86% to 19.9 MBoe/d as contrast to 2Q14, and raised 25% as contrast to 1Q15
  • Exit production rate was about 24.0 MBoe/d, a 21% enhance over 2Q15 average, and a 36% enhance over 1Q15 exit rate
  • Adjusted EBITDAX raised by 37% to $72.6 million as contrast to 2Q14, and raised by 21% as contrast to 1Q15
  • Net loss of $5.5 million, or $0.07 per diluted share. Comprises a $31.6 million non-cash loss on derivatives. Adjusted net income, which does not comprise that item, was $13.0 million, or $0.16 per diluted share
  • Cash operating expenses reduced 30% to $13.58 per Boe as contrast to 2Q14, and reduced 7% as contrast to 1Q15

This year on National Chicken Wing Day, WingStreet by Pizza Hut will be serving up boneless, breaded and traditional wings for 60 cents each, accessible via dine-in, carryout or delivery (minimum purchase requirements for delivery varies by location). WingStreet, which serves more wings per year than any other wing company in the country, has eight accessible sauces for its wings: honey BBQ, spicy BBQ, buffalo mild, buffalo medium, buffalo burnin’ hot, honey Sriracha, sweet chili, and garlic parmesan.

RSP Permian, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. It owns interest in contiguous acreage blocks in the core of the Midland Basin, a sub-basin of the Permian Basin, primarily in the adjacent counties of Midland, Martin, Andrews, Dawson, Ector, and Glasscock.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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