On Tuesday, Arlington Asset Investment Corp (NYSE:AI)’s shares declined -5.77% to $22.04.
Arlington Asset Investment Corp (AI) stated non-GAAP core operating income of $34.5 million for the quarter ended March 31, 2015, or $1.50 per diluted share. A reconciliation of non-GAAP core operating income to GAAP net income (loss) appears at the end of this press release.
Reduced expectations for U.S. growth, low global yields and uncertainty about the pathway and impact of the U.S. Federal Reserve monetary policy contributed to lower forward interest rate expectations, decreasing the value of the Company’s hedge instruments while its fixed-rate agency mortgage-backed securities (“MBS”) did not appreciate commensurately as prices for those securities raised only slightly during the quarter. Lower rates drove heightened prepayment expectations on fixed-rate agency-backed MBS, shortening durations and creating raised mark-to-market adjustments between our 30-year agency-backed MBS and associated hedges.
Arlington Asset Investment Corp., an investment firm, acquires mortgage-related and other assets. The company acquires on a leveraged basis residential mortgage-backed securities (MBS) that are issued by the United States (U.S.) government agency, or guaranteed as to principal and interest by U.S. government agencies, or U.S. government-sponsored entities.
Autohome Inc (ADR) (NYSE:ATHM)’s shares dropped -5.70% to $50.25.
Autohome Inc (ADR) (ATHM) declared that it will report its financial results for the first quarter of 2015 before the U.S. market opens on May 6, 2015. Autohome’s administration team will host an earnings conference call at 8:00 AM on Wednesday, May 6, 2015, U.S. Eastern Time (8:00 PM on Wednesday, May 6, 2015, Beijing Time).
Autohome Inc. operates as an online destination for automobile consumers in the People’s Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers independent and interactive content to automobile buyers and owners, counting professionally produced content that comprises automobile-related articles and reviews, pricing trends in various markets, and photos and video clips; automobile library, which comprises a range of specifications covering performance levels, dimensions, power trains, vehicle bodies, interiors, safety, entertainment systems, and other unique features.
At the end of Tuesday’s trade, Jacobs Engineering Group Inc (NYSE:JEC)‘s shares dipped -5.70% to $44.00.
Jacobs Engineering Group Inc (NYSE:JEC) declared recently its financial results for the second quarter of fiscal 2015 ended March 27, 2015.
Second Quarter Fiscal 2015 Highlights:
- Net earnings of $82.0 million, and adjusted net earnings of $91.6 million (adjusted to exclude the impact of the restructuring activities talk abouted below);
- Diluted EPS of $0.64, adjusted diluted EPS of $0.72;
- Backlog at March 27, 2015 of $18.9 billion; and,
- Repurchase of 3.3 million shares of common stock for $140.5 million.
Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients. It offers project services that comprise engineering, design, architectural, interiors, planning, environmental, and other services; and process, scientific, and systems consulting services, counting services performed in connection with scientific testing, analysis, and consulting activities, in addition to information technology, and systems engineering and integration activities.
Yandex NV (NASDAQ:YNDX), ended its Tuesday’s trading session with -5.28% loss, and closed at $19.20.
Yandex NV (YNDX) declared its unaudited financial results for the first quarter ended March 31, 2015.
Q1 2015 Financial Highlights(1)(2)
- Revenues of RUR 12.3 billion ($211.1 million), up 13% contrast with Q1 2014
- Ex-TAC revenues(not taking into account traffic acquisition costs) up 16% contrast with Q1 2014
- Income from operations of RUR 1.5 billion ($25.5 million), down 45% contrast with Q1 2014
- Adjusted EBITDA of RUR 3.6 billion ($61.1 million), down 12% contrast with Q1 2014
- Operating marginof 12.0%
- Adjusted EBITDA margin of 28.9%
- Adjustedex-TAC EBITDA margin of 37.1%
- Net incomeof RUR 2.1 billion ($36.4 million), down 21% contrast with Q1 2014
- Adjusted net incomeof RUR 2.2 billion ($38.5 million), down 12% contrast with Q1 2014
- Net income marginof 17.2%
- Adjusted net income margin of 18.2%
Yandex N.V. operates an Internet search engine in Russia and internationally. The company offers a range of search, location-based, personalized, and mobile services that enable users to find information, and communicate and connect over the Internet from desktops and mobile devices; and localized homepages for specific geographic markets.
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