On Friday, Following U.S. Stocks were among the “Top Losers”: AK Steel Holding Corporation, (NYSE:AKS), Eagle Materials, (NYSE:EXP), FuelCell Energy, (NASDAQ:FCEL), Diamond Offshore Drilling, (NYSE:DO)
AK Steel Holding Corporation, (NYSE:AKS), with shares declined -3.15%, closed at $4.00.
Eagle Materials, (NYSE:EXP), with shares dropped -3.14%, settled at $82.23.
FuelCell Energy, (NASDAQ:FCEL), with shares dipped -3.12%, and closed at $1.24.
Diamond Offshore Drilling, (NYSE:DO), plummeted -3.01%, and closed at $26.71.
Latest NEWS regarding these Stocks are depicted underneath:
AK Steel Holding Corporation (NYSE:AKS)
AK Steel Holding Corporation (AKS), said that it plans to release its first quarter 2015 financial results before the opening of trading on the New York Stock Exchange on Tuesday, April 28, 2015.
AK Steel will also provide live listening access on the Internet to its earnings conference call to be held at 11:00 a.m. Eastern Time on April 28, 2015.
AK Steel Holding Corporation, through its partner, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally.
Eagle Materials Inc. (NYSE:EXP)
Formerly on February 3, Eagle Materials Inc. (EXP), stated financial results for the third quarter of fiscal 2015 which ended December 31, 2014. Notable items for the quarter in relation to the preceding-year’s third quarter comprise:
- Record quarterly proceeds of $292 million, up 27%
- Record third quarter cement earnings of $37.6 million, up 44%
- Record quarterly paperboard earnings of $9.1 million, up 37%
- Wallboard earnings of $40.0 million, up 30%
- Record third quarter earnings per diluted share of $1.03, up 63%
Eagle Materials Inc. manufactures and distributes building products used in residential, industrial, commercial, and infrastructure construction in the United States.
FuelCell Energy Inc. (NASDAQ:FCEL)
FuelCell Energy Inc. (FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, stated financial results for its first quarter ended January 31, 2015.
Financial Results:
FuelCell Energy (the Corporation) stated total proceeds for the first quarter of 2015 of $41.7 million contrast to $44.4 million for the comparable preceding year period. Proceed components comprise:
- Product sales of $33.4 million for the current period contrast to $34.5 million for the comparable preceding year period.
- Service contracts and license proceeds of $3.9 million for the current period contrast to $5.0 million for the comparable preceding year period.
- Advanced technologies contract proceeds of $4.4 million for the current period contrast to $5.0 million for the comparable preceding year period.
The gross profit generated in the first quarter of 2015 totaled $4.0 million and the gross margin for the period was 9.6 percent, contrast to gross profit of $2.2 million and gross margin of 4.9 percent for the first quarter of 2014. The year-over year margin improvement reflects cost reduction actions and sales mix. Operating expenses for the current period totaled $9.1 million contrast to $9.8 million for the preceding year period. Administrative and selling expenses raised year-over-year from expanding proposal and development activity associated with the growing project pipeline, but were more than offset by lower research and development expenses. Net loss attributable to ordinary shareholders for the first quarter of 2015 totaled $4.9 million, or $0.02 per basic and diluted share, contrast to $11.4 million or $0.06 per basic and diluted share for the first quarter of 2014.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the first quarter of 2015 totaled ($4.1) million. Refer to the discussion of Non-GAAP financial measures below regarding the Corporation’s calculation of EBITDA. Net cash used by operating activities in the first quarter of 2015 was $2.3 million. Capital spending was $1.6 million and depreciation expense was $1.0 million.
FuelCell Energy, Inc., together its auxiliaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation.
Diamond Offshore Drilling, Inc. (NYSE:DO)
In the course of Friday’s trading session, Diamond Offshore Drilling, Inc. (DO), hit its new 52-week low price of $26.02 - the worst price hit of the year, indicating an overall change in 52-week range by -39.17%. In S&P500 52-Week Change indicates 10.47%.
According to financial highlights for the most recent quarter ended Dec 31, 2014, the profit margin for the trailing twelve months comes up to 14.14%, in contrast to its operating margin of 24.72%.
How much an administration is effective can be judged from its capability to keep its return on assets and return on equity percentages, which are 5.15% and 8.52%, respectively for the trailing twelve months period, as of Dec 31, 2014.
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The corporation provides services in floater market, such as ultra-deepwater, deepwater, and mid-water; and non-floater or jack-up market. It operates a fleet of 38 offshore drilling rigs, which comprise 27 semisubmersibles, counting 1 under construction; 6 jack-ups; and 5 dynamically positioned drill ships, counting 1 under construction.
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