On Friday, Shares of Actavis plc (NYSE:ACT), surged 0.20% to $297.05.
Actavis, declared that it intends to release first quarter 2015 financial results on Monday, May 11, 2015, preceding to the open of the U.S. financial markets. The Company will host a conference call and webcast at 8:00 a.m. Eastern Time on Monday, May 11, 2015 to talk about its financial results. The dial-in number to access the call is U.S./Canada (877) 251-7980, International (706) 643-1573, and the Passcode is 29079446.
Actavis plc develops, manufactures, and sells generic, brand, and biosimilar pharmaceuticals. It offers over-the-counter products. The company also provides biosimilar products in women’s health, oncology, and other therapeutic categories. In addition, it offers pharmaceutical products in the areas of urology, gastroenterology, and dermatology therapeutic categories.
Shares of KBR, Inc. (NYSE:KBR), gained 0.19% to $15.44, during its last trading session.
KBR, declared that it has been awarded a reimbursable contract by Flint Hills Resources for the modification and expansion of its Corpus Christi West refinery.
Under the terms of the contract, KBR will provide construction administration and direct hire construction services at Flint Hills Resources` Project Eagle Ford. This work is predictable to be performed in phases over the next three years and is in addition to a formerly declared contract for construction advisory services being performed as the client completes the front end engineering and detailed design phases of the project. KBR personnel have been, and will remain, fully integrated with the client and a multitude of other contractors on the project.
KBR, Inc. operates as an engineering, construction, and services company worldwide. The company operates through three segments: Technology & Consulting, Engineering & Construction, and Government Services.
At the end of Friday’s trade, Shares of CenterPoint Energy, Inc. (NYSE:CNP), gained 0.19% to $20.90.
CenterPoint Energy, is decreasing the gas supply rate (GSR) portion of Arkansas customers’ natural gas bills startning with this month’s natural gas bill.
The adjustment will lower an April Arkansas residential gas bill using 50 Ccf (hundred cubic feet) of natural gas by more than 14 percent contrast to last year. This means a bill that was $65.48 last April is $55.92 this month. Actual bills will vary depending on how much natural gas individual customers use.
Through the GSR, an allowed adjustment to the gas supply charge portion of a customer bill, CenterPoint Energy passes on the cost of natural gas with no markup. The GSR reflects the actual prices the company pays for natural gas.
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies.
Finally, Lorillard, Inc. (NYSE:LO), ended its last trade with 0.18% gain, and closed at $70.68.
Lorillard, declared its results for the quarter ended March 31, 2015.
First Quarter Highlights:
- First quarter net sales raised 4.8% to $1.668 billion behind a 3.1% raise in wholesale cigarette unit volume.
- First quarter 2015 stated (GAAP) diluted earnings per share raised 2.7% over first quarter 2014 to $0.76.
- First quarter 2015 adjusted (Non-GAAP) diluted earnings per share raised 18.8% over first quarter 2014 to $0.82.
- First quarter 2015 Cigarettes adjusted operating income (Non-GAAP) raised 18.6% over first quarter 2014 and adjusted operating margin raised 3.4 percentage points.
- Total Lorillard retail market share of cigarettes for the first quarter of 2015 was a record 15.5%, increasing 0.3 share point contrast to the corresponding period of 2014.
- Newport retail market share for the first quarter 2015 was a record 13.3%, increasing 0.3 share point as compared to first quarter 2014.
- The Company still anticipates to close the merger with Reynolds American in the first half of 2015, subject to regulatory approval and other customary closing conditions.
Lorillard, Inc., through its auxiliaries, manufactures and sells cigarettes in the United States. It operates through two segments, Cigarettes and Electronic Cigarettes. The Cigarettes segment offers various cigarettes that comprise about 45 product offerings under various brand names, such as Newport, Kent, True, Maverick, and Old Gold.
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