On Monday, Following Stocks were among the “Top 100 Gainers” of U.S. Stock Market: Paragon Offshore plc (NYSE:PGN), Jumei International Holding Limited (NYSE:JMEI), Penn West Petroleum Ltd. (NYSE:PWE), Darden Restaurants, Inc. (NYSE:DRI)
Paragon Offshore plc (NYSE:PGN), with shares inclined 8.21%, closed at $1.45.
Jumei International Holding Limited (NYSE:JMEI), with shares jumped 8.16%, settled at $16.18.
Penn West Petroleum Ltd. (NYSE:PWE), with shares climbed 7.95%, and closed at $1.63.
Darden Restaurants, Inc. (NYSE:DRI), surged 3.70%, and closed at $69.22, hitting new 52-week high of $70.00.
Latest NEWS regarding these Stocks are depicted underneath:
Paragon Offshore plc (NYSE:PGN)
Last week, on Monday, Paragon Offshore plc (PGN), declared that it issued a report on drilling rig status and contract information as of March 16, 2015. The report, titled “Fleet Status Report,” can be found on the Corporation’s website at www.paragonoffshore.com, under the “Our Fleet” section of the website.
In addition, Randall D. Stilley, Paragon’s President and Chief Executive Officer, offered comments on various aspects of Paragon’s business.
In addition, Paragon stated recently that it has repaid the outstanding Prospector Offshore S.A. term loan, of which about $262 million was outstanding at the time of payoff, counting principal and accrued costs. The payment was made using the corporation’s current cash and revolving credit facility. Paragon anticipates that Prospector will remain an unrestricted partner as defined in the corporation’s debt contracts.
Paragon Offshore plc, together with its auxiliaries, provides offshore drilling rigs. The corporation is involved in contracting its rigs, related equipment, and work crews to conduct oil and gas drilling and workover operations for its exploration and production customers on a day rate basis. Its drilling fleet comprises of 34 jackups and 6 floaters, counting 4 drillships and 2 semisubmersibles.
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.
Mr. Leo Chen, founder and CEO of Jumei, stated, “We are happy to report a solid recovery of our business as we record our eleventh successive quarter of profitability on a non-GAAP basis. While fourth quarter 2014 was a full transitional quarter during which we no longer had beauty product marketplace business, we are very encouraged by the strong first quarter 2015 outlook that we are able to share with you recently. The particularly strong sequential and year-on-year net proceed guidance indicates a strong recovery driven by Jumei Global which witnessed rapid growth from late December 2014. Not only were we able to fully replace former beauty product marketplace SKUs with Jumei Global, we were also able to achieve what we believe is best-in-class quality control and customer satisfaction. Jumei passed every test with a 100% authenticity rating during multiple e-commerce product sampling tests performed by State Administration for Industry and Commerce in 2014. In a report published on March 13, 2015 by the China e-Business Research Center, a well-known independent e-commerce research firm, Jumei was among the two e-commerce companies out of 20 that achieved five star status and the highest levels of customer satisfaction in 2014. The report was based on a large sample size of about 100,000 customer feedback.
By offering direct purchase from brand, competitive pricing and fast delivery speed, Jumei Global is presently the largest cross border ecommerce platform in China and a crucial part of Jumei’s growth strategy in 2015. ”
Full Year 2014 Financial Results:
Net GMV raised by 30.9% year-over-year to US$1.07 billion, primarily due to a 26.7% raise in the number of active customers and an 18.3% raise in total orders.
Net proceeds raised by 31.0% year-over-year to US$632.9 million, primarily driven by the raises in active customers and total orders.
The number of active customers was 13.3 million, an raise of 26.7% from 10.5 million in 2013.
The number of total orders was 42.6 million, an raise of 18.3% from 36.0 million in 2013.
Gross profit raised by 25.3% to US$250.2 million from US$199.7 million in 2013. Gross margin reduced slightly to 39.5% from 41.3% in the preceding year.
Revenue from operations raised to US$59.4 million from US$38.3 million in the preceding year. Operating margin was 9.4% contrast with 7.9% in the preceding year.
Non-GAAP revenue from operations was US$65.7 million, contrast with US$71.1 million in the preceding year. Non-GAAP operating margin was 10.4%, contrast with 14.7% in the preceding year.
Net revenue attributable to Jumei’s ordinary shareholders was US$56.0 million, contrast with US$15.8 million in the preceding year. Net margin attributable to Jumei’s ordinary shareholders was 8.8%, contrast with 3.3% in the preceding year.
Net revenue per basic and diluted ADS attributable to Jumei’s ordinary shareholders were US$0.49 and US$0.45, contrast with US$0.27 and US$0.19 in the preceding year.
Non-GAAP net revenue was US$72.3 million, contrast with US$57.8 million in the preceding year. Non-GAAP net revenue attributable to Jumei’s ordinary shareholders was US$62.4 million, contrast with US$48.6 million in the preceding year. Non-GAAP net margin attributable to Jumei’s ordinary shareholders was 9.9%, contrast with 10.1% in the preceding year.
Non-GAAP net revenue per basic and diluted ADS attributable to Jumei’s ordinary shareholders were US$0.54 and US$0.50, contrast with US$0.82 and US$0.58 in the preceding year.
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.
Penn West Petroleum Ltd. (NYSE:PWE)
On Monday, Penn West Petroleum Ltd. (PWE)’s shares climbed soon after some stocks in the energy sector rise together with the price of oil, which is moving higher a result of the decline in the dollar. Crude oil (WTI) is gaining by 0.46% to $46.78 per barrel and Brent crude is climbing by 0.72% to $55.72 per barrel this morning, according to the CNBC.com index.
The dollar was lowered by 0.47% recently, according to the Wall Street Journal dollar index.
Penn West Petroleum Ltd. explores for, develops, and produces oil and natural gas properties in western Canada. The corporation’s properties are located in Alberta, British Columbia, Saskatchewan, Manitoba, and the Northwest Territories, Canada; and Wyoming, the United States.
Darden Restaurants, Inc. (NYSE:DRI)
Darden Restaurants, Inc. (DRI), stated its financial results for the third quarter ended February 22, 2015.
Fiscal 2015 Third Quarter Operating Summary As compared to Same Period a Year Ago:
- Olive Garden grew total sales by 3.0% to $957 million
- Added nine net new restaurants.
- Raised operating profit and profit as a percentage of sales.
- LongHorn grew total sales by 11.4% to $404 million.
- Added 25 net new restaurants.
- Raised operating profit and profit as a percentage of sales.
- Specialty Restaurants grew total sales by 14.7% to $367 million
- Added 16 net new restaurants.
- Raised operating profit and profit as a percentage of sales.
Fiscal 2015 Financial Outlook:
The corporation projects fourth quarter earnings per diluted share of $0.91 to $0.94, an raise of between 69% and 74% from the fourth quarter of 2014 and has raised expectations for fiscal 2015. The current projected range for annual adjusted earnings per diluted share is projected to be between $2.45 and $2.48 (or $1.50 and $1.53 on an unadjusted basis) an raise of between 43% and 45% from fiscal 2014, which reflects the influence of the accelerated share repurchase program on our annual weighted average share count. This reflects the expectation that the Corporation’s combined U.S. same-restaurant sales growth this fiscal year will be 2.0% to 2.5% and the positive $0.05 per share influence of a 53rd operating week in the fiscal year.
Darden’s Board of Directors declared a regular quarterly cash dividend of $0.55 per share on the Corporation’s outstanding ordinary stock. The dividend is payable on May 1, 2015 to shareholders of record at the close of business on April 10, 2015.
Darden Restaurants, Inc. owns and operates full service restaurants in the United States and Canada. It operates restaurants under the Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s, and Yard House brand names. As of July 28, 2014, it owned and operated about 1,500 restaurants. The corporation was founded in 1968 and is headquartered in Orlando, Florida.
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