On Wednesday, WhiteWave Foods Co (NYSE:WWAV)’s shares inclined 2.45% to $45.59.
The WhiteWave Foods Company ( WWAV ) stated record results for the second quarter ended June 30, 2015.
Net sales for second quarter 2015 were $924 million, a 10 percent enhance from net sales of $838 million in second quarter 2014. These results were driven by strong growth across the Americas Foods & Beverages and Europe Foods & Beverages segments and a benefit from the inclusion of So Delicious Dairy Free ® that was attained in fourth quarter 2014. On a constant currency basis, net sales raised 14 percent in second quarter 2015 over the same period in 2014. Not taking into account acquisitions, organic constant currency net sales raised 9 percent in second quarter 2015 over the same period in 2014.
Adjusted operating income for second quarter 2015 raised 20 percent to $85 million, contrast to $71 million in second quarter 2014. On a constant currency basis, adjusted operating income raised 24 percent in second quarter 2015 over the same period in 2014.
The WhiteWave Foods Company, a consumer packaged food and beverage company, manufactures, markets, distributes, and sells branded plant-based foods and beverages, salads, fruits and vegetables, coffee creamers and beverages, and dairy products and organic produce in North America and Europe. It operates in three segments: Americas Foods & Beverages, Americas Fresh Foods, and Europe Foods & Beverages.
Parker-Hannifin Corp (NYSE:PH)’s shares gained 0.83% to $106.56.
Parker Hannifin Corporation (PH), the global leader in motion and control technologies, recently declared that Jeff Cullman, Vice President and President - Hydraulics Group, will retire effective October 1, 2015 after 36 years of dedicated service to the company. Separately, the company recently declared that Bob Bond, Vice President and President - Fluid Connectors Group, has been elected to a newly created position as Vice President - eBusiness, IoT and Services, effective September 1, 2015. As a result of these changes, the company is making a number of related changes for several operating groups, effective September 1, 2015.
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. It operates through two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides pneumatic, fluidic, and electromechanical components and systems; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, in addition to components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions; and static and dynamic sealing devices.
At the end of Wednesday’s trade, E*TRADE Financial Corp (NASDAQ:ETFC)‘s shares surged 1.56% to $25.39.
E*TRADE Financial Corporation (ETFC) released its Monthly Activity Report for July 2015.
Daily Average Revenue Trades (“DARTs”) for July were 149,283, a seven percent enhance from June and a three percent decrease from the year-ago period. The Company added 29,623 gross new brokerage accounts in July, and ended the month with about 3.2 million brokerage accounts. Not taking into account closed accounts from the shutdown of the Company’s global trading platform, net new brokerage accounts were 2,727(1).
Net new brokerage assets were $0.2 billion in the month. During the month, customer security holdings raised by 0.2 percent, or $0.5 billion, and brokerage-related cash reduced by $0.8 billion to $41.2 billion. Bank-related cash and deposits ended the month unchanged at $5.5 billion. Customers were net buyers of about $1.1 billion in securities during the month.
E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Administration.
PACCAR Inc (NASDAQ:PCAR), ended its Wednesday’s trading session with 1.96% gain, and closed at $58.15.
PACCAR (PCAR) achieved record quarterly net income in the second quarter of 2015,” said Ron Armstrong, chief executive officer. “PACCAR’s excellent financial results reflect the benefits of raised truck sales in North America and Europe, record quarterly aftermarket parts profit and robust financial services results worldwide. I am very proud of our 24,500 employees who have delivered outstanding results to our shareholders and customers.”
PACCAR earned $447.2 million ($1.26 per diluted share) for the second quarter of 2015, an enhance of 40 percent contrast to $319.2 million ($.90 per diluted share) earned in the second quarter of 2014. Second quarter net sales and financial services revenues were $5.08 billion, an 11 percent enhance contrast to $4.57 billion in the second quarter of 2014. For the first six months of 2015, PACCAR stated net income of $825.6 million ($2.32 per diluted share) contrast to $593.1 million ($1.67 per diluted share) in 2014, an enhance of 39 percent. Net sales and financial services revenues for the first six months of 2015 were $9.91 billion, 11 percent higher than the $8.95 billion last year.
PACCAR Inc, together with its auxiliaries, designs, manufactures, and distributes light, medium, and heavy-duty trucks and related aftermarket parts worldwide. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment offers its trucks for use in the over-the-road and off-highway hauling of freight, petroleum, wood products, and construction and other materials to independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles.
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