On Thursday, in the course of current trade, Shares of eBay Inc. (NASDAQ:EBAY), gained 0.81%, and is now trading at $57.95.
Insomniac, in partnership with global e-commerce partner eBay Giving Works, and dozens of EDC Las Vegas partners, is excited to declare their latest charitable endeavor, “The EDC Week Charity Auction.” This unique auction offers fans of Electric Daisy Carnival (EDC), Las Vegas unparalleled access to the festival, its DJs, multiple Las Vegas hot spots, and more — all to raise funds for a local charity, Culture Shock Las Vegas (CSLV).
The first round of experiences, released recently, focuses on unique festival-related access. A second round of exclusive artist experiences will be declared simultaneously with the festival lineup this Wednesday (tomorrow), May 6, and is guaranteed to start bidding wars for items that can’t be purchased anywhere else in the world. All auction items are accessible to bidders by clicking www.ebay.com/insomniac, with all bids starting at just $0.99.
The first of its kind to be launched by a music festival, the auction is the vision of Insomniac Founder and CEO Pasquale Rotella. It is intended to provide dance music fans unparalleled access to North America’s largest dance music festival and the events surrounding it — while assisting a worthy cause.
eBay Inc. operates as a technology company that enables commerce and payments on behalf of users, merchants, retailers, and brands of various sizes in the United States and internationally. It operates in three segments: Marketplaces, Payments, and Enterprise.
During an Afternoon trade, Shares of International Paper Company (NYSE:IP), gained 0.21%, and is now trading at $51.92.
International Paper Company, Chairman and Chief Executive Officer Mark S. Sutton, will speak at the Deutsche Bank Global Industrials and Basic Materials Conference on June 3, 2015, in Chicago. The presentation is planned to start at 3:40pm CT and will be followed by a question and answer session.
International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging.
Shares of Occidental Petroleum Corporation (NYSE:OXY), during its Thursday’s current trading session fell -2.10%, and is now trading at $77.75.
Occidental Petroleum Corporation, declared core income for the first quarter of 2015 of $31 million ($0.04 per diluted share), contrast with $560 million ($0.72 per diluted share) for the fourth quarter of 2014 and $1.1 billion ($1.38 per diluted share) for the first quarter of 2014. The first quarter of 2015 had a stated loss of $218 million ($0.28 per diluted share), contrast with a loss of $3.4 billion ($4.41 per diluted share) for the fourth quarter of 2014 and stated income of $1.4 billion ($1.75 per diluted share) for the first quarter of 2014. The first quarter of 2015 comprised of non-core charges of $249 million, comprised mainly of asset impairment charges for certain domestic and international assets.
Cash flow from ongoing operations before working capital changes was about $1.1 billion for the first quarter of 2015. Working capital changes of $0.6 billion were a result of lower realized prices, which influenced receivable collections and payments related to higher capital and operating spending accrued in the fourth quarter of 2014, but not paid until the first quarter of 2015. Total company capital expenditures for the first quarter of 2015 were $1.7 billion. The Oil and Gas segment spent $1.5 billion, with Permian Resources expenditures representing nearly 50 percent of the total expenditures, and the remaining $200 million was split between the Chemical and Midstream segments.
Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other.
Finally, The AES Corporation (NYSE:AES), gained 0.45% Thursday.
On April 27, AES Energy Storage unveiled a portion of its deployment roadmap for AES AdvancionTM Energy Storage Solutions, which comprises the addition of battery-based storage resources across the US, South America, and Europe. Projects in construction or late stage development are predictable to deliver 260 MW of interconnected battery-based energy storage, equivalent to 520 MW of flexible power resource, 25% of which is predictable to be on-line by mid-2016. These projects are in addition to the 86 MW of interconnected energy storage, equivalent to 172 MW of resource, AES presently has in operation.
Recently, AES declares the expansion of its existing fleet into new markets, counting the Company’s first utility scale project within the Midcontinent Independent System Operator (MISO) in the United States and the first two projects in Europe. Considerable expansions are underway in existing markets, counting California, PJM Interconnection and Chile. AES Energy Storage is also actively developing a pipeline of additional projects in multiple global markets.
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries.
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