On Tuesday, ReneSola Ltd. (ADR) (NYSE:SOL)’s shares declined -4.20% to $1.37.
ReneSola Ltd. (ADR) (SOL) declared its unaudited financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Financial and Operating Highlights
- Total solar module shipments were 496.4 megawatts (“MW”), representing an enhance of 1.6% from Q4 2014. Total solar wafer and module shipments in Q1 2015 were 691.5 MW, contrast to 744.3 MW in Q4 2014, and 710.1MW in Q1 2014.
- Net revenues were US$349.0 million, representing a decrease of 9.8% from US$387.0 million in Q4 2014, and a decrease of 15.9% from US$415.0 million in Q1 2014.
- Gross profit was US$36.7 million with a gross margin of 10.5%, contrast to gross profit of US$51.2 million with a gross margin of 13.2% in Q4 2014, and gross profit of US$44.0 million with a gross margin of 10.6% in Q1 2014.
- Operating loss was US$9.5 million with an operating margin of negative 2.7%, contrast to an operating loss of US$2.2 million with an operating margin of negative 0.6% in Q4 2014, and an operating loss of US$8.7 million with an operating margin of negative 2.1% in Q1 2014.
- Net loss attributable to holders of ordinary shares was US$18.0 million, representing basic and diluted loss per share of US$0.09 and basic and diluted loss per American depositary share (“ADS”) of US$0.18.
- Cash and cash equivalents plus restricted cash totaled $228.1 million as of the end of Q1 2015, contrast to US$221.7 million as of the end of Q4 2014, and US$214.9 million as of the end of Q1 2014.
ReneSola Ltd, through its auxiliaries, manufactures and sells various solar power products. It operates through two segments, Wafer, and Cell and Module. The company offers virgin polysilicon; mono crystalline and multi crystalline solar wafers; and photovoltaic cells.
CBS Corporation (NYSE:CBS)’s shares gained 0.23% to $61.64.
CBS Corporation (CBS) declared that its Board of Directors has approved a quarterly dividend on the Company’s stock of $.15 per share. The dividend is payable on July 1, 2015, to shareholders of record on June 10, 2015.
CBS Corporation operates as a mass media company worldwide. It operates through four segments: Entertainment, Cable Networks, Publishing, and Local Broadcasting. The Entertainment segment distributes a plan of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, counting series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures.
At the end of Tuesday’s trade, Dominion Resources, Inc. (NYSE:D)‘s shares dipped -1.30% to $69.58.
Dominion Resources, Inc. (D) has declared that, subject to the planned close of recently’s sale of about $200 million of its common stock through a registered underwritten public offering to UBS Securities LLC, it has accomplished its presently planned market issuances of equity for calendar year 2015. With offering and the formerly accomplished “at the market” issuances of common stock during this year of about $300 million, the company has accomplished $500 million in market issuances of new equity in 2015. The company has no current plans to issue to the market any additional shares of its common stock or other equity-linked securities this year.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of, or any solicitation of an offer to buy, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Dominion is one of the nation’s largest producers and transporters of energy, with a portfolio of about 24,600 megawatts of generation, 12,200 miles of natural gas transmission, gathering and storage pipeline, and 6,455 miles of electric transmission lines. Dominion operates one of the nation’s largest natural gas storage systems with 928 billion cubic feet of storage capacity and serves utility and retail energy customers in 13 states.
Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
CVS Health Corp (NYSE:CVS), ended its Tuesday’s trading session with -0.66% loss, and closed at $101.83.
CVS Health Corp (CVS) declared it is partnering with the U.S. Department of Health and Human Services to promote an online tool, which provides recommendations from government-recognized clinical experts for the personalized preventive services patients should receive based on their age and gender. Many of these preventive services are accessible to patients at MinuteClinic and CVS/pharmacy locations, in addition to at their physician’s office, and many are now covered by most insurance without additional co-pays or other cost sharing under the Affordable Care Act.
CVS Health is the first national partner to work with the U.S. Department of Health and Human Services to take advantage of the technology-based tools, developed within the Department by the Office of Disease Prevention and Health Promotion, which make it possible for the myhealthfinder tool to be accessible on MinuteClinic.com and at www.cvs.com/myhealthfinder. According to the Department of Health and Human Services, about 137 million Americans have private insurance coverage of preventive services without having to pay a co-pay, co-insurance, or deductible—counting over 55 million women and 28 million children.
CVS Health Corporation, together with its auxiliaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments.
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