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Friday 22 May 2015
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What The News Say About These Volume Active Stocks: Yahoo!, (NASDAQ:YHOO), Viacom, (NASDAQ:VIAB), Huntsman Corporation, (NYSE:HUN), Cablevision Systems Corporation, (NYSE:CVC)

On Monday, Shares of Yahoo! Inc. (NASDAQ:YHOO), lost -1.11% to $43.60.

On April 30, Yahoo!, leaders joined state and local elected officials to open the company’s new customer care and data center in Lockport, New York. Yahoo’s newest expansion to its Western New York facility provides additional capacity and world-class customer support for the company’s user and product experiences. The addition creates more than 100 jobs at the Lockport data center facility, which first opened in 2009, and is recognized industry-wide for its energy-efficient design.

“The expansion is another stepping stone in a mutually beneficial partnership between Yahoo and the Western New York communities. We’ve invested more than half a billion dollars since we first came to Western New York in 2009, and our operations wouldn’t be as strong without the support of local and state leaders who have been central to our success,” said Rich Kropfl, Vice President of Data Center Operations at Yahoo. “With a talented workforce, business-friendly environment and access to hydropower and temperate weather, Western New York continues to be a great home and partner to Yahoo.”

“Yahoo is proud to have grown our customer care team in Lockport,” said Catherine Card, Vice President of Customer Experience at Yahoo. “We are dedicated to providing multi-channel support and the best experience for users. Our talented and growing team represents an amazing opportunity for local talent in Western New York to start their careers with a great company.”

Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops.

Shares of Viacom, Inc. (NASDAQ:VIAB), declined -1.52% to $65.43, during its last trading session.

Viacom, declared that Philippe Dauman, President and Chief Executive Officer, will take part in a question-and-answer session at the JP Morgan Global Technology, Media, and Telecom Conference on Monday, May 18, 2015, at about 8:40 a.m. (ET).

Viacom Inc. operates as an entertainment content company in the United States and internationally. The company creates television programs, motion pictures, short-form video, applications, games, consumer products, social media, and other entertainment content.

At the end of Monday’s trade, Shares of Huntsman Corporation (NYSE:HUN), lost -1.45% to $22.38.

On April 30, Huntsman Corporation, stated first quarter 2015 results with revenues of $2,589 million and adjusted EBITDA of $285 million.

Income Taxes

During the three months ended March 31, 2015, the company recorded an income tax expense of $2 million and paid $11 million in cash for income taxes. Its adjusted effective income tax rate for the three months ended March 31, 2015 was 25%.

Huntsman Corporation, together with its auxiliaries, manufactures and sells differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.

Finally, Cablevision Systems Corporation (NYSE:CVC), ended its last trade with -2.34% loss, and closed at $20.07.

Cablevision Systems Corporation, stated financial results for the first quarter ended March 31, 2015.

First quarter merged net revenues raised 2.5% to $1.615 billion, merged adjusted operating cash flow (“AOCF”) raised 4.5% to $454.0 million and merged operating income raised 8.0% to $223.8 million, all contrast with the preceding year period.

Operating highlights for the first quarter comprise:

  • Average Monthly Cable Revenue per Customer (“RPC”) of $155.34, an enhance of $7.12 or 4.8%, contrast with the preceding year period.
  • Merged Free Cash Flow from Ongoing Operations of $49.0 million.

Cablevision Systems Corporation, together with its auxiliaries, owns and operates cable systems in the United States. The company operates through three segments: Cable, Lightpath, and Other. The Cable segment provides video services, counting programming, local broadcast network associates and independent television stations, other news, information, sports and entertainment channels, regional sports networks, video on demand, and entertainment and advertising services under the Optimum brand name; high-speed data services to residential and small business customers through a cable modem device under the Optimum Online name; and Voice over Internet Protocol services under the Optimum Voice name.

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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.

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