On Monday, Shares of Hewlett-Packard Company (NYSE:HPQ), lost -3.17% to $26.60, hitting its lowest level.
Hewlett-Packard Company declared financial results for its fiscal 2015 third quarter ended July 31, 2015.
Third quarter net revenue of $25.3 billion was down 8% from the preceding-year period and down 2% on a constant currency basis.
Third quarter GAAP diluted net earnings per share (EPS) was $0.47, down from $0.52 in the preceding-year period and below its formerly offered outlook of $0.50 to $0.54. Third quarter non-GAAP diluted net EPS was $0.88, down from to $0.89 in the preceding-year period and above its formerly offered outlook of $0.83 to $0.87. Third quarter non-GAAP net earnings and non-GAAP diluted net EPS exclude after-tax costs of $750 million and $0.41 per diluted share, respectively, related to separation costs, the amortization of intangible assets, impairment of data center assets, defined benefit plan settlement charges, acquisition-related charges and restructuring charges.
Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to the government, health, and education sectors worldwide.
Shares of E. I. du Pont de Nemours and Company (NYSE:DD), declined -3.88% to $49.98, during its last trading session, amid mild profit booking and the last known price was $50.31 per share.
The company shares have dropped 17.22% in the past 52 Weeks. On March 13, 2015 The shares registered one year high of $76.59 and one year low was seen on August 21, 2015 at $51.72. The 50-day moving average is $56.27 and the 200 day moving average is recorded at $65.9. S&P 500 has rallied 1.35% during the last 52-weeks.
DuPont (DD) has named Jeanmarie F. Desmond as its vice president and controller, effective Aug. 17, succeeding Barry J. Niziolek who plans to retire in September following 34 years of service to the company.
“As controller, Barry has been a valuable member of my team in Finance, and DuPont is a more competitive company recently thanks to his contributions,” said Executive Vice President and Chief Financial Officer Nicholas C. Fanandakis. “Barry has brought greater transparency, accountability and productivity to the organization through his work as controller and has played a noteworthy role in transforming this company. Equally important, he has been a trusted and forward-thinking leader whose wise counsel will be missed greatly by many of us who have worked with him over the years.
“Jean is a strong leader whose background in Investor Relations, Tax and Audit brings diverse experience to her new role as controller. I’m confident her recent work in modernizing and streamlining our Audit organization will benefit DuPont greatly as we move forward with the company’s important transformation efforts. Jean has been a much-admired member of my team. Personally and professionally, I look forward to ongoing to work with her.”
Desmond, who joined DuPont in 1989, was most recently the general auditor and chief ethics and compliance leader. Formerly, she spent her career in leadership roles in controllership, investor relations, tax, and financial planning and analysis.
E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides.
Finally, Tsakos Energy Navigation Limited (NYSE:TNP), ended its last trade with -4.60% loss, and closed at $6.85.
Tsakos Energy Navigation Limited declared that its Board of Directors declared a cash dividend of $0.723090 per share for its 8.75% Series D Cumulative Perpetual Preferred Shares for the period from the original issuance of the Series D Preferred Shares on April 29, 2015 through August 27, 2015. The dividend will be paid on August 28, 2015 to all holders of record of the Series D Preferred Shares as of August 25, 2015.
Tsakos Energy Navigation Limited provides international seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services to national, major, and other independent oil companies and refiners under long, medium, and short-term charters.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.