WR Announces Cost Cutting Initiative
Westar management announced a cost-cutting initiative via employee reductions to save $16 million annually (roughly 3% of total operating and maintenance and selling, general, and administrative expenses) beginning in the fourth quarter of 2012 and extending through the third quarter of 2013, given continued economic weakness and soft customer growth. Westar filed an abbreviated rate case in April 2013 to recover $335 million of its … Continue reading WR Announces Cost Cutting Initiative
Subscriber Growth Helps Telstra Meet Expectations
Telstra reported a fiscal 2013 result in line with Street expectations. The low single-digit earnings growth was driven by mobile and the network, applications and services (NAS) divisions. Mobile revenue increased 6% to AUD 9.2 billion, driven by strong subscriber growth and increase in market share. Increased demand for cloud services from corporates lifted NAS revenue by 17.7% to AUD 1.5 billion. Payment from the … Continue reading Subscriber Growth Helps Telstra Meet Expectations
Investors Are Watching: Exxon Mobil Corporation (NYSE:XOM), Exact Sciences Corporation (NASDAQ:EXAS), Baker Hughes Incorporated (NYSE:BHI), Aruba Networks (NASDAQ:ARUN), Micronet Enertec Technologies (NASDAQ:MICT)
ON 10 October ExxonMobil Corporation (NYSE:XOM) and its employees and retirees in Northern Virginia raised more than $2.4 million for charitable organizations and local charities in the Northern Virginia area during the 2014 Employees’ Favorite Charities campaign. Exxon Mobil Corporation (NYSE:XOM) belongs to Basic Materials sector. Its net profit margin is 8.10% and weekly performance is -3.89%. On last trading day company shares ended up … Continue reading Investors Are Watching: Exxon Mobil Corporation (NYSE:XOM), Exact Sciences Corporation (NASDAQ:EXAS), Baker Hughes Incorporated (NYSE:BHI), Aruba Networks (NASDAQ:ARUN), Micronet Enertec Technologies (NASDAQ:MICT)
Stocks in News: Noble Corp. (NYSE:NE), Silicon Laboratories Inc. (NASDAQ:SLAB), Intellicheck Mobilisa, Inc. (NYSEMKT:IDN), Retractable Technologies, Inc. (NYSEMKT:RVP), CalAmp Corp. (NASDAQ:CAMP)
Noble Corporation (NYSE:NE), a leading offshore driller, announced it plans to report financial results for the third quarter 2014 on Wednesday, October 29, 2014, after the close of trading on the New York Stock Exchange. Noble Corp. (NYSE:NE) belongs to Basic Materials sector. Its net profit margin is 19.70% and weekly performance is -9.44%. On last trading day company shares ended up $18.62. Noble Corp. … Continue reading Stocks in News: Noble Corp. (NYSE:NE), Silicon Laboratories Inc. (NASDAQ:SLAB), Intellicheck Mobilisa, Inc. (NYSEMKT:IDN), Retractable Technologies, Inc. (NYSEMKT:RVP), CalAmp Corp. (NASDAQ:CAMP)
Momentum Stocks: CEMEX, S.A.B. de C.V. (NYSE:CX), Merck & Co. Inc. (NYSE:MRK), Ciena Corporation (NYSE:CIEN), Diana Containerships (NASDAQ:DCIX), Perry Ellis International (NASDAQ:PERY)
Cemex SAB de CV (NYSE:CX) on 1st October announced it entered a new credit agreement for US$1.35bn with nine of the main lending banks from its Facilities Agreement of 17 September 2012. CEMEX, S.A.B. de C.V. (NYSE:CX) belongs to Industrial Goods sector. Its net profit margin is -4.00% and weekly performance is -11.38%. On last trading day company shares ended up $11.21. CEMEX, S.A.B. de … Continue reading Momentum Stocks: CEMEX, S.A.B. de C.V. (NYSE:CX), Merck & Co. Inc. (NYSE:MRK), Ciena Corporation (NYSE:CIEN), Diana Containerships (NASDAQ:DCIX), Perry Ellis International (NASDAQ:PERY)
Today’s Watch List: Denbury Resources Inc. (NYSE:DNR), Kinross Gold Corporation (NYSE:KGC), Science Applications International Corporation (NYSE:SAIC), AT&T, Inc. (NYSE:T), Hill-Rom Holdings (NYSE:HRC)
Denbury Resources Inc. (NYSE:DNR) SVP James S. Matthews sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $15.99, for a total value of $95,940.00. Following the sale, the senior vice president now directly owns 73,473 shares in the company, valued at approximately $1,174,833. Denbury Resources Inc. (NYSE:DNR) belongs to … Continue reading Today’s Watch List: Denbury Resources Inc. (NYSE:DNR), Kinross Gold Corporation (NYSE:KGC), Science Applications International Corporation (NYSE:SAIC), AT&T, Inc. (NYSE:T), Hill-Rom Holdings (NYSE:HRC)
