On Tuesday, Following Stocks were among the “Top 100 Gainers” of U.S. Stock Market: Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL), Hawaiian Holdings Inc. (NASDAQ:HA), Willbros Group Inc. (NYSE:WG), Jumei International Holding Limited (NYSE:JMEI)
Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL), with shares gained 7.14%, closed at $1.80.
Hawaiian Holdings Inc. (NASDAQ:HA), with shares jumped 7.05%, settled at $21.95.
Willbros Group Inc. (NYSE:WG), with shares climbed 7.02%, and closed at $3.20.
Jumei International Holding Limited (NYSE:JMEI), surged 6.67%, and closed at $17.26.
Latest NEWS regarding these Stocks are depicted underneath:
Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL)
Last week, on Monday, Hanwha Q CELLS Co., Ltd. (HQCL), declared that its US entity has signed a $20 million three-year Senior Secured Revolving Credit Facility with Wells Fargo Capital Finance. The credit line will be used for working capital and other general corporate purposes.
Jay SEO, chief financial officer of Hanwha Q CELLS said, “We are happy to have secured this credit line from Wells Fargo, one of the most well-respected US financial institutions and active financiers of renewable energy. Its confidence demonstrates the combined strength of our newly-merged companies (Hanwha SolarOne and Hanwha Q CELLS) to meet rigid credit standards, in addition to access funding outside of our traditional sources in China and South Korea.” Mr. SEO concluded, “The US is a key planned market for our corporation and we are particularly well-positioned to capture share with our diverse ‘tariff free’ manufacturing base outside of mainland China.”
Hanwha Q CELLS Investment Co., Ltd. manufactures solar cells and modules, solar system solutions, and power plants. The corporation is based in Cayman Islands. The corporation operates as a partner of Hanwha Solar Holdings Co., Ltd.
Hawaiian Holdings Inc. (NASDAQ:HA)
Formerly on March 6, Hawaiian Holdings Inc. (HA), has declared its system-wide traffic statistics for the month of February and year to date.
While formerly on March 5, largest and longest-serving carrier, declared completion of a comprehensive retrofit on the first of its 18 Boeing 717 aircraft, featuring an island-inspired interior cabin redesign and new lightweight Main Cabin seating from Acro Aircraft Seating Ltd.
Formerly, five different cabin configurations were operating among Hawaiian’s neighbor island fleet. When all reconfigurations are complete later this year, the identical galley, lavatory, and 128-seat configuration onboard each aircraft will provide a consistent onboard experience for travelers while decreasing the airline’s operational complexity.
Intended to evoke high-performance automotive design, the new Main Cabin seats complement the fast and reliable service of Hawaiian’s 20 to 60 minute flights. The seatbacks offer a ‘tablet table’ machined from solid aluminum, sized and designed for complimentary beverage service and the use of a tablet device.
Hawaiian Holdings, Inc., through its partner, Hawaiian Airlines, Inc., engages in the planned air transportation of passengers and cargo. It offers daily services on North America routes between the state of Hawaii and Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington, in addition to daily services on its neighbor island routes among the four major islands of the state of Hawaii.
Willbros Group Inc. (NYSE:WG)
Formerly on March 19, Willbros Group Inc. (WG), declared that it has closed the transaction for the sale of all outstanding stock of its UtilX partner to Novinium, Inc., Auburn, Washington. Willbros will apply net proceeds from the sale to debt reduction, predictable to be in the range of $35 to $40 million, after customary closing costs and adjustments.
John T. McNabb, II, Willbros Chairman and Chief Executive Officer, commented, “The team at UtilX has performed well for us and we expect they will continue to prosper, teamed now with Novinium. With this sale we are delivering on our commitment to strengthen our balance sheet. This transaction is one step toward our aim of $100-$125 million in debt reduction. We have a strong and immediate plan for the sale of additional non-planned assets.”
Willbros Group, Inc. operates as an energy infrastructure contractor serving the oil, gas, refinery, petrochemical, and power industries worldwide. The corporation provides engineering, procurement, and construction (EPC), turnarounds, maintenance, facilities development, and operations services to industry and government entities.
Jumei International Holding Limited (NYSE:JMEI)
Last week, on Monday, Jumei International Holding Limited (JMEI), declared its unaudited financial results for the fourth quarter and full year ended December 31, 2014.
Unaudited Fourth Quarter 2014 Financial Results:
Total net proceeds were US$166.0 million, an raise of 18.5% from US$140.1 million in the fourth quarter of 2013. The raise was primarily attributable to the raise in the number of active customers and the shift from beauty product marketplace sales to merchandise sales.
Gross profit was US$50.4 million, a decrease of 15.4% from US$59.6 million in the fourth quarter of 2013. Gross profit as a percentage of net proceeds reduced to 30.4% from 42.6% in the same period of 2013. Gross profit from merchandise sales as a percentage of net GMV of merchandise sales reduced to 25.3% from 31.9% in the same period of 2013, and gross profit as a percentage of net GMV reduced to 21.4% from 24.6% in the same period of 2013. The decrease was primarily due to the shift from beauty product marketplace sales to merchandise sales.
Total operating expenses were US$46.4 million, a decrease of 34.6% from US$70.9 million in the fourth quarter of 2013. Operating expenses as a percentage of total net GMV reduced to 19.7% from 29.3% in the same period of 2013. The decrease was mainly due to a one-time share-based compensation expense of US$30.2 million incurred in the fourth quarter of 2013, but none in the fourth quarter of 2014.
- Fulfillment expenses were US$14.8 million, a decrease of 15.9% from US$17.6 million in the same period of 2013. Fulfillment expenses as a percentage of total net GMV reduced to 6.3% from 7.3% in the same period of 2013. The decline was primarily due to a percentage decrease of fulfilled orders over total orders.
- Marketing expenses were US$19.9 million, an raise of 20.8% from US$16.5 million in the same period of 2013. Marketing expenses as a percentage of total net GMV raised to 8.5% from 6.8% in the same period of 2013. The raise was primarily a result of the higher number of marketing campaigns and brand promotion activities that Jumei launched during the quarter, and reflects the Corporation’s efforts to grow its customer base and further promotion.
- Technology and content expenses were US$7.1 million, an raise of 115.3% from US$3.3 million in the same period of 2013. Technology and content expenses as a percentage of total net GMV raised to 3.0% from 1.4% in the same period of 2013. The noteworthyraise reflects Jumei’s continuous investments in its information technology platform and the Corporation’s commitment to attract top research and development talent in order to provide better technology-enabled services to both consumers and merchants.
- General and administrative expenses were US$4.6 million, a decrease of 86.3% from US$33.5 million in the same period of 2013. General and administrative expenses as a percentage of total net GMV reduced to 1.9% from 13.8% in the same period of 2013. The noteworthy decrease was mainly due to a decrease in related share-based compensation expenses, which declined to US$0.6 million in the fourth quarter 2014 from US$30.5 million in the same period in 2013. The fourth quarter of 2013 comprised of a one-time share-based compensation expense of US$30.2 million.
Jumei International Holding Limited operates as an online retailer of beauty products in the People’s Republic of China. The corporation provides various beauty products, counting cosmetics, skin care and body care products, cosmetic applicators, and fragrance products, in addition to beauty products for men, and baby and children.
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