On Thursday, Shares of Aecom (NYSE:ACM), remained flat at $27.11.
Aecom, declared the appointment of W. Troy Rudd as executive vice president and chief financial officer, effective Oct. 5.
Rudd, a senior vice president conpresently serving as treasurer; chief operating officer, Design Consulting Services (DCS) Americas; and chief financial officer, DCS Global, assumes the CFO role held by AECOM President Stephen M. Kadenacy, who has served as CFO since 2011. As president, Kadenacy will take on a broader operational responsibility across the organization, while ongoing to be responsible for a wide range of critical corporate functions.
Holding a series of financial leadership roles since joining AECOM in 2009, counting responsibility for AECOM’s treasury, corporate controllership and financial reporting, risk and controls, tax and shared services functions, Rudd has been instrumental in advancing AECOM’s growth initiatives. He drove efforts to raise capital to fund the AECOM/URS transaction, and was a key member of the team that led the largest integration component involving the DCS Americas group.
AECOM, together with its auxiliaries, provides professional technical and administration support services for public and private clients worldwide. The company operates through two segments, Professional Technical Services (PTS) and Administration Support Services (MSS).
Shares of Amarin Corporation plc (ADR) (NASDAQ:AMRN), inclined 2.14% to $2.39, during its last trading session.
Amarin Corporation plc, declared that John F. Thero, Amarin’s President and Chief Executive Officer, presented a general company update at the Rodman & Renshaw 2015 Global Investment Conference in New York City on Wednesday, September 9, 2015, at 4:40 p.m. ET.
Amarin Corporation plc, a biopharmaceutical company, focuses on developing and commercializing therapeutics for the treatment of cardiovascular diseases in the United States. The company’s lead product comprises Vascepa, a prescription-only omega-3 fatty acid capsule, used as an adjunct to diet for reducing triglyceride levels in adult patients with severe hypertriglyceridemia.
At the end of Thursday’s trade, Shares of Finisar Corporation (NASDAQ:FNSR), gained 1.08% to $14.91.
Finisar Corporation, declared financial results for its first quarter of fiscal 2016, ended August 2 , 2015.
Financial Statement Highlights for the First Quarter of Fiscal 2016:
- Revenues reduced to $314.0 million, a decrease of $6.0 million, or (1.9)%, from $320.0 million in the preceding quarter, as the result of the impact of one fewer week than the preceding quarter.
- Sales of products for datacom applications reduced by $8.7 million, or (3.6)%, contrast to the preceding quarter, primarily as the result of the impact of one fewer week than the preceding quarter.
- Sales of products for telecom applications raised by $2.7 million, or 3.4%, contrast to the preceding quarter.
- GAAP gross margin was 27.8% contrast to 27.9% in the preceding quarter.
- Non-GAAP gross margin was 30.2% contrast to 30.3% in the preceding quarter.
- GAAP operating expenses were $80.3 million contrast to $78.9 million in the preceding quarter.
- Non-GAAP operating expenses were $68.4 million contrast to $68.2 million in the preceding quarter.
- GAAP operating income reduced by $3.2 million, to $7.1 million or 2.2% of revenues, contrast to $10.3 million or 3.2% of revenues in the preceding quarter, primarily due to the lower revenue level.
- Non-GAAP operating income reduced by $2.3 million to $26.5 million, or 8.4% of revenues, contrast to $28.8 million, or 9.0% of revenues, in the preceding quarter.
- Cash, cash equivalents and short term investments raised $5.5 million to $495.7 million at the end of the first quarter, contrast to $490.2 million at the end of the preceding quarter.
Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, Malaysia, China, and internationally.
Finally, United Rentals, Inc. (NYSE:URI), ended its last trade with -0.33% loss, and closed at $68.99.
United Rentals, declared that it will take part in the Citi 2015 Industrials Conference on Thursday, September 17, 2015. The conference will comprise a presentation by Michael Kneeland, chief executive officer, and William Plummer, chief financial officer.
United Rentals, Inc., through its auxiliaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench Safety, Power and HVAC (heating, ventilating and air conditioning), and Pump Solutions.
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