On Tuesday, Shares of SunCoke Energy Partners LP (NYSE:SXCP), lost -3.85% to $12.98. The stock attained the volume of 285,516 shares.
SunCoke Energy Partners, L.P. (SXCP) stated third quarter 2015 net income attributable to SXCP of $19.5 million as contrast to $20.2 million in the same preceding year period. The quarter’s results reflect the Granite City cokemaking facility dropdown and Convent Marine Terminal transactions, offset by higher financing costs and the impact of the idling of our customer’s facility, Haverhill Chemicals LLC, with whom we have a steam supply agreement.
THIRD QUARTER RESULTS
(1) Comprises 100 percent of Granite City in third quarter 2015 and 2014.
(2) See definition of Adjusted EBITDA and reconciliation elsewhere in this release.
(3) Net income attributable to SXCP comprises the impacts of SXCP’s 75 percent ownership interest in Granite City from July 1, 2015 through August 11, 2015 and SXCP’s 98 percent ownership interest in Granite City from August 12, 2015 through September 30, 2015, respectively.
Revenues were $210.2 million in third quarter 2015, a decline of $6.6 million from the same preceding year period primarily due to the pass-through of lower coal costs in our Domestic Coke segment, partially offset by revenue generated by our new Convent Marine Terminal.
Operating income and Adjusted EBITDA reduced $5.1 million and $0.7 million, respectively. The impact on Adjusted EBITDA of our customer’s decision to idle its Haverhill Chemicals LLC facility was mostly offset by the acquisition of Convent Marine Terminal. Operating income also reflects higher depreciation and amortization, primarily related to Convent Marine Terminal.
SunCoke Energy Partners, L.P., a master limited partnership, manufactures and sells coke used in the blast furnace production of steel in the United States.
Shares of Corcept Therapeutics Incorporated (NASDAQ:CORT), surged 0.80% to $3.78 , during its last trading session.
Corcept Therapeutics Incorporated (NASDAQ: CORT), a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, oncologic and psychiatric disorders, declared recently that a poster describing the Phase 1 trial results of its next-generation cortisol modulator CORT125134 will be presented at the annual meeting of the American Association of Pharmaceutical Scientists in Orlando, Florida on October 28, 2015.
Corcept chose Quotient Clinical because of Quotient’s ability to carry out formulation development, rapid drug product manufacturing and clinical testing in a single facility. “Quotient’s integrated approach to development allowed us to respond to the challenges inherent in clinical trials quickly and cost-effectively,” said Dr. Hazel Hunt, Corcept’s Vice President of Research. “These capabilities are especially valuable to Corcept as we start advancing more new compounds to the clinic.”
Corcept Therapeutics Incorporated, a pharmaceutical company, engages in the discovery, development, and commercialization of drugs for the treatment of metabolic, oncologic, and psychiatric disorders in the United States.
Finally, Diebold Inc (NYSE:DBD), ended its last trade with 0.15% gain, and closed at $33.38.
Affinity Credit Union members in Canada are now greeted by improved services, two-way video and new, innovative in-branch self-service technology. Looking to deliver the ideal branch experience to its members, Affinity Credit Union turned to Diebold, Incorporated (DBD) to become the first financial institution in Canada to deploy two-way video services and reimagine two of its flagship branches. Diebold’s world-class services, together with the addition of multiple new Diebold 9900 in-lobby tellers, enhance the member experience and improve operational efficiencies for Affinity Credit Union.
Together with Diebold’s Advisory Services team, Affinity Credit Union defined the ideal member experience, modified processes, refined existing staffing models and deployed technology that would meet its branch transformation aims. Diebold’s Advisory Services team also led interactive training sessions with the branch staff, member service representatives and contact center personnel, assisting them to better understand the innovative new member experience.
Additionally, the new Diebold 9900s will deliver the fast, reliable in-branch experience that members want while migrating routine transactions to the self-service channel. Equipped with two-way video, the new units will assist members with transactional questions and provide additional support without the assistance of a teller. This technology allows branch staff the opportunity to focus on the more complex needs of members while building deeper relationships.
Diebold, Incorporated provides financial self-service delivery, integrated services and software, and security systems primarily to the financial, commercial, retail, and other markets.
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