On Friday, WhiteWave Foods Co (NYSE:WWAV)’s shares declined -0.05% to $43.95.
On April 23, WhiteWave Foods Co (WWAV), declared it will host a live webcast presentation of its first quarter 2015 earnings results on Friday, May 8, 2015 at 10:00 a.m. Eastern time. Administration will talk about first quarter results, provide an update on its outlook for the year and respond to questions.
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. The Americas Foods & Beverages segment offers plant-based foods and beverages, such as soymilk, almond milk, and coconut milk under the Silk and So Delicious brands; dairy products, counting Horizon Organic milk, yogurt, cheese, and other dairy products, in addition to Horizon branded macaroni and cheese, and snack foods; and coffee creamers and ready-to-drink beverages under the International Delight and LAND O LAKES brands.
Verizon Communications Inc (NYSE:VZ)’s shares dropped -0.06% to $50.41, during the last trading session on Friday.
To ensure an optimal customer experience at the 2015 NFL Draft, being hosted in Chicago for the first time in more than 50 years, and to prepare for the large crowds it will attract, Verizon Wireless is amplifying its network in the Grant Park area. In addition, the company is bringing exciting technology to fans to offer them a special NFL experience at multiple locations around town.
The NFL’s Draft Town in Grant Park, and the Auditorium Theatre of Roosevelt University, which is hosting the Draft itself, will be the epicenter of the NFL for thousands of fans. Verizon is taking a number of steps to ensure fans and NFL executives with teams counting Chicago’s own Chicago Bears can stay connected with friends and family via calls, texts and social media.
Network Support
Verizon has added two 4G LTE Cell on Light Trucks (COLTs) to the Grant Park area to boost coverage capacity. A COLT is a 20,000-pound truck equipped with a 30-foot antenna and back-up generator, operating as a fully functional, mobile cell site that enhances wireless capacity in a given area. Additionally, XLTE, which launched in the Chicago area last year, utilizes Verizon’s AWS (Advanced Wireless Services) spectrum, and allows Verizon to deliver significantly raised capacity – at a minimum, doubling the capacity – over its high-speed 4G LTE network. More customers in high-traffic locations can access the company’s most advanced technology at the same time to send photos, download or upload videos, and use the Internet together with other popular applications on their wireless devices during times of peak usage. Another way to think of it: Having access to XLTE is like doubling the number of lanes on a freeway from 10 to 20 and allowing a lot more traffic.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company’s Wireless segment offers wireless voice and data services; messaging services; service that enables its customers to access the Internet on smartphones, basic phones, notebook computers, and tablets; customers and business-focused multimedia offerings; location-based services; global data services; LTE Internet, a high-speed Internet service; and network access and value added services to support telemetry-type applications.
At the end of Friday’s trade, Rowan Companies PLC (NYSE:RDC)‘s shares gained 1.42% to $21.49.
Rowan Companies PLC (RDC), declared that its Board of Directors has declared a quarterly cash dividend of $0.10 per Class A Ordinary Share payable on May 26, 2015 to the shareholders of record at the close of business on May 12, 2015.
Rowan Companies plc provides offshore oil and gas contract drilling services. It operates a fleet of 30 self-elevating mobile offshore jack-up drilling units, in addition to 3 ultra-deepwater drill ships. The company operates in the United States Gulf of Mexico, the United Kingdom, and Norwegian sectors of the North Sea, the Middle East, West and North Africa, Southeast Asia, and Trinidad. Rowan Companies plc was founded in 1923 and is based in Houston, Texas.
Ball Corporation (NYSE:BLL), ended its Friday’s trading session with 1.40% gain, and closed at $74.44.
Ball Corporation (BLL), stated first quarter 2015 net earnings attributable to the corporation of $20.7 million, or 15 cents per diluted share (counting after tax charges of $76.1 million, or 54 cents per diluted share for business consolidation, debt refinancing and other costs) on sales of $1.9 billion, contrast to $93.5 million, or 65 cents per diluted share (counting after tax charges of $23.8 million, or 16 cents per diluted share for business consolidation costs, debt extinguishment costs and other activities), on sales of $2.0 billion in the first quarter of 2014. Comparable earnings per diluted share were 69 cents in the first quarter 2015 as compared to 81 cents in the first quarter of 2014.
“First quarter results were largely influenced by predictable headwinds totaling 16 cents per diluted share from foreign currency translation, higher metal premiums in Europe, and start-up costs related to growth capital investments. We continue to invest in our future with ongoing capital projects in North America, Europe and Southeast Asia that will fully ramp up in the second half of 2015 and the first half of 2016,” said John A. Hayes, chairman, president and chief executive officer. “On Feb. 19, 2015, we declared our projected offer for Rexam PLC, which aligns with our long-standing capital allocation strategy and Drive for 10 vision. Our work to secure necessary regulatory approvals to complete the acquisition is proceeding as predictable.”
Metal Beverage Packaging, Americas & Asia
Metal beverage packaging, Americas and Asia, comparable segment earnings in the first quarter 2015 were $125.0 million on sales of $1.0 billion, contrast to $125.1 million on sales of $1.0 billion in the first quarter 2014.
Solid demand for specialty beverage packaging in North America offset continued weakness in carbonated soft drink containers, while volumes were down in Brazil due to challenging year-over-year comparisons following the 2014 World Cup and customer mix issues. In China, although volumes were strong due to the timing of the Chinese New Year, industry overcapacity continues to pressure market pricing. Additionally, to support the growing demand for standard and specialty metal beer packaging in Mexico, Ball is constructing a two-line can plant in Monterrey, which will start production in the first half of 2016. The majority of the plant’s capacity is under long-term contract.
Aerospace and Technologies
Aerospace and technologies comparable quarterly segment earnings in the first quarter 2015 were $20.0 million on sales of $214.8 million, contrast to $24.1 million on sales of $220.7 million in the first quarter 2014.
Segment earnings reflect a greater number of program completions in the first quarter of 2014. During the quarter, the segment successfully passed the critical design review for the Geostationary Environment Monitoring Spectrometer (GEMS), which will monitor trans-boundary pollution events for the Korean peninsula and Asia-Pacific region. This month, Ball is celebrating the 25th anniversary of the Hubble Space Telescope, for which Ball built seven optical instruments. Contracted backlog levels were $713.7 million for the quarter and the segment continues to pursue several large programs that are predictable to be awarded in the coming months.
Ball Corporation, together with its auxiliaries, supplies metal packaging products to the beverage, food, personal care, and household products industries worldwide. It operates in four segments: Metal Beverage Packaging, Americas and Asia; Metal Beverage Packaging, Europe; Metal Food and Household Products Packaging; and Aerospace and Technologies. The Metal Beverage Packaging, Americas and Asia segment manufactures and sells metal beverage containers for use in beverage packaging.
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