On Friday, Key Energy Services, Inc. (NYSE:KEG)’s shares declined -9.80% to $0.635.
Key Energy Services, Inc. (KEG) stated second quarter 2015 merged revenues of $197.5 million and a pre-tax GAAP loss of $96.1 million, or $0.42 per share. The results for the second quarter comprise:
- a pre-tax loss of $21.4 million, or $0.10 per share, related to a pending sale and the associated impairment of our assets in Oman;
- pre-tax costs of $8.4 million, or $0.04 per share, related to the formerly revealed Foreign Corrupt Practices Act (“FCPA”) investigations;
- a pre-tax loss of $2.1 million, or $0.01 per share, on the sale of certain U.S. assets; and
- pre-tax costs of $1.1 million due to severance.
Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. It offers rig-based services, counting the maintenance, workover, and recompletion of existing oil wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, in addition to specialty drilling services to oil and natural gas producers.
Travelers Companies Inc (NYSE:TRV)’s shares dropped -1.62% to $97.76.
The Travelers Companies, Inc. (NYSE: TRV) will review its third quarter 2015 results at 9 a.m. ET on Tuesday, October 20, following the release of results earlier that morning.
Investors can access the call via webcast at http://investor.travelers.com or by dialing 1-800-698-5986 within the U.S. and 1-303-223-4378 outside the U.S. (use passcode 14788 for both the U.S. and international calls).
The Travelers Companies, Inc., through its auxiliaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the Unites states and internationally. It operates in three segments: Business and International Insurance; Bond & Specialty Insurance; and Personal Insurance.
At the end of Friday’s trade, SeaWorld Entertainment Inc (NYSE:SEAS)‘s shares surged 0.91% to $17.68.
Hagens Berman recently filed a merged complaint against SeaWorld Entertainment Inc. (SEAS) joining three separate complaints formerly filed by consumers. The complaint comprises more recent evidence of what attorneys allege to be the misrepresented and unrevealed truth about the conditions and treatment of SeaWorld’s captive orcas.
The complaint follows SeaWorld’s unsuccessful effort to have the Multi-District Litigation (MDL) panel consolidate the action in Orlando, Florida.
SeaWorld Entertainment, Inc. operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand name in Orlando, San Antonio, and San Diego; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; Discovery Cove marine-life theme park in Langhorne; and Sesame Place, a seasonal park in Langhorne. It also operates water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego; under the Adventure Island name in Tampa; and under the Water Country USA name in Williamsburg. In addition, the company operates its theme park under Shamu and Sea Rescue brand names .
BRF SA (ADR) (NYSE:BRFS), ended its Friday’s trading session with -3.10% loss, and closed at $18.42.
Bovespa (BRFS), following CVM Instruction 358 of January 3, 2002, as amended, following the Material Fact of September 3, 2014 and the Declarements to the Market of December 5, 2014 and May 8, 2015, hereby informs its shareholders and the market in general that on this date the Company has accomplished the sale of its dairy division to Lactalis do Brasil – Comercio, Importacao e Exportacao de Laticinios Ltda. (“Transaction”), counting the sale of 100% of the shares of Elebat Alimentos S.A. (“Elebat”), an entity into which BRF has contributed the rights and obligations related to its dairy division. The value of the Transaction was about R$2.1 billion.
BRF S.A., together with its auxiliaries, focuses on raising, producing, and slaughtering poultry, pork, and beef in Brazil. It operates in three segments: Domestic Market (Brazil), Foreign Market (International), and Food Service. The company is also involved in processing and selling fresh meat, processed products, pasta, sauce, mayonnaise, frozen vegetables, and soybean by-products. Its product portfolio comprises whole chickens and cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine, sauces, and mayonnaise; and soy meal and refined soy flour, and animal feed. The company primarily sells its products under the Sadia, Perdigão, and Qualy brands, in addition to Deline, Hot Pocket, Soltíssimo, Prezato, Sadilar, Miss Daisy, Chester, Ouro, Na Brasa, Meu Menu, Sanduba, Mini Chicken, Cotochés, Perdix, Borella, Hilal, Unef, Confidence, Paty, and Danica brands through its distribution centers to supermarkets, retail stores, wholesalers, restaurants, and other institutional customers.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
