On Wednesday, Cloud Peak Energy Inc.(NYSE:CLD)’s shares inclined 2.11% to $3.88.
Cloud Peak Energy Inc. (CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, declared results for the second quarter and first six months of 2015.
- Second quarter 2015 Adjusted EBITDA of $10.6 million contrast to $45.2 million for the second quarter of 2014.
- Shipments for the second quarter of 2015 were 16.0 million tons, down from 20.6 million tons for the same period in 2014 due to weather-related impacts to the railroads and mines, together with Cordero Rojo Mine transitioning to lower production levels.
- Cost per ton was $10.75 in the second quarter of 2015, increasing from $10.48 in the second quarter of 2014. The higher unit costs were primarily attributed to lower shipments.
- A $33.4 million non-cash impairment charge regardinggoodwill from a 1997 acquisition was recorded at the Company’s 8400 Btu Cordero Rojo Mine.
- The final lease by application (“LBA”) payments of $69 million were made in June resulting in no further committed payments going forward.
Cloud Peak Energy Inc., through its auxiliaries, produces coal in the Powder River Basin (PRB) and the United States. The company operates through Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other segments. It produces and sells sub-bituminous thermal coal with low sulfur content primarily to electric utilities operating in the United States and internationally.
Marriott International Inc (NASDAQ:MAR)’s shares gained 2.65% to $70.92.
Marriott International’s award winning #LoveTravels campaign is launching a new portrait and video series featuring recognized Latino influencers Diane Guerrero (OITNB, Jane the Virgin), Diego Boneta (Scream Queens), and Boyce Avenue (YouTube music sensation). #LoveTravels encourages all travelers to explore their personal passions, and celebrate their unique perspectives and experiences.
The stories from the new #LoveTravels ambassadors reflect how travel is a transformative experience and a bridge between cultures, careers and families. Diego, Diane and Boyce Avenue, who are deeply proud of their heritage, talk about what it means for them to be Latino and American, their passion for human rights and the empowerment of the Latino community.
Marriott International, Inc. operates franchises, and licenses hotels and timeshare properties worldwide. It operates through three segments: North American Full-Service, North American Limited-Service, and International. The company also licenses the development, operation, marketing, sale, and administration of vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, The Ritz-Carlton Destination Club, and The Ritz-Carlton Residences brands to the Marriott Vacations Worldwide Corporation.
At the end of Wednesday’s trade, Alaska Air Group, Inc. (NYSE:ALK)‘s shares surged 5.39% to $78.83.
Alaska’s annual fall fare sale kicks off, with steep discounts on popular routes throughout North America.
One-way fares start at $59 and comprise new and popular destinations like Albuquerque, New Mexico, Puerto Vallarta, Mexico and Honolulu, Hawaii.* Visit www.alaskaair.com to find great savings and purchase tickets, or call 1-800-ALASKAAIR (800-252-7522 or Hearing & Speech Impaired (TTY): Dial 711 for Relay Services).
With Alaska’s new flight experience, Alaska Beyond™, customers will enjoy more of what they love, throughout their journey. Depending on the route flown, onboard amenities may comprise free entertainment on customers’ own devices and power at every seat to keep gadgets charged. Customers will also enjoy inspired Northwest food and beverages, such as Beecher’s Flagship cheese, exclusively blended Canoe Ridge wine and an entrée by award-winning chef Tom Douglas.
Alaska Air Group, Inc., through its auxiliaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through Alaska Mainline and Alaska Regional segments. It serves about 100 cities in Alaska, the Lower 48, Hawaii, Canada, and Mexico. As of December 31, 2014, the company’s fleet comprised of 137 Boeing 737 jet aircraft; and 51 Bombardier Q400 turboprop aircraft.
Magna International Inc. (USA) (NYSE:MGA), ended its Wednesday’s trading session with 1.20% gain, and closed at $47.93.
Magna International Inc. declared recently that it has accomplished the sale of substantially all of its interiors operations to Grupo Antolin, as formerly declared. The accomplished sale transaction does not comprise two joint ventures in China, which are predictable to close before the end of the year, pending regulatory approvals.
Magna International Inc. develops, manufactures, engineers, supplies, and sells automotive products. It operates through North America, Europe, Asia, and Rest of World segments. The company offers body and chassis systems, and related engineering services; seating systems, counting complete seating systems, seat structures and mechanisms, and foam and trim products; interior components and systems, such as garnish and hard trim, soft trim, instrument panels and consoles, overhead systems, and door panels, in addition to powertrain systems, such as driveline systems, fluid pressure and controls, metal forming solutions, and engineering services and system integration solutions.
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