Active Stocks in Focus: Eastman Chemical Company(NYSE:EMN), DHT Holdings (NYSE:DHT), Axovant Sciences (NYSE:AXON), Apartment Investment and Administration (NYSE:AIV)


During Wednesday’s Current trade, Shares of Eastman Chemical Company (NYSE:EMN), lost -0.28% to $77.41.


The directorate of Eastman Chemical Company (EMN) has proclaimed a quarterly money profit of $0.40 per offer on the company`s normal stock.

The profit is payable Oct. 1, 2015, to stockholders of record as of Sept. 14, 2015.

Eastman Chemical Company, a forte compound organization, fabricates and offers materials, chemicals, and strands in the United States and globally. The organization’s Additives & Functional Products section offers solvents, for example, claim to fame coalescents and ketones and esters, glycol ethers, and liquor solvents; cellulose and polyester-based strength polymers, and paint added substances; insoluble sulfur items; antidegradants; hydrocarbon saps; forte intermediates, execution items, and formic corrosive; and alkylamine subsidiaries.

Shares of DHT Holdings Inc (NYSE:DHT), declined – 3.46% to $7.25, amid its present exchanging session.

DHT Holdings, Inc. (DHT) pronounced second quarter 2015 outcomes.

Highlights of the quarter:

  • EBITDA for the quarter of $49.5 million. Net salary for the quarter of $22.2 million ($0.24 per essential offer).
  • The Company’s VLCCs working in the spot business accomplished time sanction proportional profit of $52,300 every day in the second quarter of 2015.
  • On July 22, 2015 the Company announced another arrangement with respect to profit and capital assignment. As an aftereffect of the present tanker business sector, DHT means to return no less than 60% of its standard net pay (balanced for remarkable things) to shareholders. Further, DHT plans to utilize a noteworthyamount of surplus income subsequent to returning such cashflow to shareholders to delever its monetary record.
  • As per the new profit arrangement the Company will pay a profit of $0.15 per regular offer for the quarter payable on August 20, 2015 for shareholders of record as of August 12, 2015.

DHT Holdings, Inc. works raw petroleum tankers in Bermuda. As of March 10, 2015, its armada embodied 18 unrefined petroleum tankers, checking 14 expansive rough transporters, 2 Suezmax tankers, and 2 Aframax tankers. The organization was joined in 2005 and is headquartered in Hamilton, Bermuda.

Axovant Sciences Ltd (NYSE:AXON), during its Wednesday’s current trading session gained 6.75% to $12.26.

Axovant Sciences Ltd. ( AXON), a main clinical-stage biopharmaceutical organization concentrated on the treatment of dementia, reports money related results for the first financial quarter finished June 30, 2015.

Money totaled $331.1 million at June 30, 2015, and net trade utilized as a part of for money working exercises was $4.5 million for the quarter. The gross continues of Axovant’s first sale of stock (IPO) on the New York Stock Exchange (NYSE) in June 2015 were $362.3 million, previous to guaranteeing rebates and commissions and offering costs of $27.7 million.

For the first financial quarter finished June 30, 2015, innovative work costs for the period were $10.6 million, of which $8.0 million was owing to non-money, offer based pay cost. General and regulatory costs for the period were $17.4 million, of which $14.3 million was inferable from non-money, offer based pay cost. Net misfortune for the quarter was $28.1 million, or $(0.35) per offer.

Axovant Sciences Ltd., a clinical-stage biopharmaceutical organization, concentrates on the obtaining, advancement, and commercialization of therapeutics for the treatment of neurodegenerative issue. It creates RVT-101, an item applicant that wants to start a Phase III essential system for the treatment of Alzheimer’s ailment and different types of dementia.

Finally, Apartment Investment and Administration Co (NYSE:AIV), gained 0.15%, to $39.69.

Condo Investment and Administration Company (AIV) announced second quarter 2015 outcomes and raised entire year 2015 income direction.

Pro forma FFO (per diluted common share) – Year-over-year, second quarter Pro forma FFO raised 8% as a consequence of: solid Property Net Operating Income development; raised commitment from redevelopment and obtaining groups; lower interest cost because of lower obligation offsets; higher pay tax break because of acknowledgment of memorable assessment credits identified with Aimco’s Park Towne Place redevelopment; and higher non-repeating salary. These upgrades were somewhat balanced by the loss of wage from loft groups that were sold and higher favored stock profits owing to Aimco’s second quarter 2014 offering of its Class A Preferred Stock.

Adjusted Funds from Operations (per diluted common share) – Year-over-year, second quarter AFFO raised 5% as a consequence of higher Pro forma FFO, balance to some degree by the timing of Capital Replacement spending amid 2015. As Aimco concentrates its venture capital in higher-quality, higher cost point flat groups, its free income edge is expanding

Flat Investment and Administration Company is a land speculation trust. The firm participates in the procurement, possession, organization, and redevelopment of loft properties. It puts resources into land markets of United States. The firm principally puts resources into flat properties.


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Greg Thomas
Greg Thomas lives in Cincinnati, Ohio, and has been a freelance writer since 2010. He worked in a software house for 5 years. Greg enjoys writing about games, technology, reviews and other topics as well.