Active Stocks News Buzz: Jabil Circuit, Inc. (NYSE:JBL), Tsakos Energy Navigation Ltd. (NYSE:TNP), DigitalGlobe Inc (NYSE:DGI), Workday Inc (NYSE:WDAY)


On Wednesday, Shares of Jabil Circuit, Inc. (NYSE:JBL),lost -0.05% to $19.60.


Jabil Circuit pronounced that its Board of Directors has endorsed installment of a quarterly profit of $0.08 per offer to shareholders of record as of August 14, 2015. The profit is payable on September 1, 2015.

The announcement and installment of future profits are optional and will be liable to determination by the Board of Directors every quarter taking after its audit of the Company’s money related execution.

Jabil Circuit, Inc., together with its helpers, gives electronic assembling administrations and arrangements around the world. It offers hardware outline, creation, and item organization administrations to organizations in the aviation, car, processing, barrier, advanced home, vitality, medicinal services, mechanical, instrumentation, ways of life, portability, mold, systems administration, bundling, peripherals, stockpiling, information transfers, and wearable innovation commercial ventures.

Shares of Tsakos Energy Navigation Ltd. (NYSE:TNP),declined -7.64% to $8.10, during its last trading session.

Tsakos Energy Navigation Limited – SECOND QUARTER 2015 RESULTS

TEN’s armada kept on working at full usage at 97.7%. TEN worked an armada of 50.0 vessels by and large in the second quarter 2015, difference to 48.2 vessels in the second quarter 2014, the augmentations being two cutting edge suezmax tankers, the Euro and Eurovision, convenient accomplished in mid-2014.

TEN created net pay of $41.3 million in the second quarter of 2015 differentiation to $0.2 million in the second quarter of 2014. Weakened and essential profit per offer added up to $0.45 in the wake of making note of the impact of $3.4 million in favored stock profits.

Incomes, net of voyage costs (fortification, port costs and commissions), added up to $118.8 million in the second quarter of 2015, an improve of 61.3% throughout the second quarter of 2014. With constrained new conveyances, the dynamic interest for rough transportation saw in the first quarter of 2015, impelled by low oil costs, proceeded during that time quarter and into the second from last quarter. The low oil costs likewise prompted a 40% fall in shelter costs, from which the Company profited physically because of its vital spot presentation.

Benefit sharing contributed $8.2 million to second quarter income, some piece of this taking into account six-month determination, which likewise secured the applicable vessels’ operations in the first quarter, yet couldn’t be occupied until June 30, 2015. The two cutting edge suezmaxes, the Euro and the Eurovision, contributed substantially to the upgrade. TEN’s item bearers working in the spot showcase likewise saw essential upgrades in income as that market additionally began to display indications of supported immovability.

Income before interest, devaluation and amortization (EBITDA) added up to $76.4 million in the second quarter of 2015, differentiation to $34.1 million EBITDA in the second quarter of 2014. Aside from two vessels experiencing their arranged dry-dockings, every one of the vessels created positive EBITDA in the second quarter of 2015.

Tsakos Energy Navigation Limited gives universal seaborne raw petroleum and petroleum item transportation administrations around the world. The organization offers marine transportation administrations to national, major, and other autonomous oil organizations and refiners under long, medium, and transient sanctions.

At the end of Wednesday’s trade, Shares of DigitalGlobe Inc (NYSE:DGI), lost -1.51% to $24.81.

DigitalGlobe, expressed budgetary results for the quarter finished June 30, 2015.

Second Quarter Financial Summary:

  • Developed income 12.8% to $178.0 million.
  • Raised U.S. Government income 18.4% to $113.1 million.
  • Developed Diversified Commercial income 4.2% to $64.9 million.
  • Net salary was $8.0 million and net wage less favored stock profits was $7.0 million, or $0.09 per weakened offer.
  • Balanced EBITDA was $87.7 million, yielding an edge of 49.3%.
  • Net money streams from operations were $95.0 million, up 55.0%.
  • Free income was $54.1 million, yielding a free income edge of 30.4%

DigitalGlobe, Inc. gives symbolism and symbolism data items and administrations in the United States and universally. It offers earth symbolism items containing symbolism from its group of stars of high-determination satellites, notwithstanding satellite and aeronautical symbolism achieved from outsider suppliers.

Finally, Workday Inc (NYSE:WDAY), ended its last trade with -0.12% loss, and closed at $82.96.

Workday, wanted to announce its monetary 2016-second quarter results secondary selling close on Wednesday, Aug. 26, 2015. The organization will have a telephone call at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time to audit monetary results and business standpoint.

Workday, Inc. gives venture cloud applications to fund and HR in the United States and universally. It offers applications for clients to oversee basic business works that empower them to improve their budgetary and human capital assets.


About the Author

Vince Hart
Vince Hart is a quant reporter at JBH News. He studied mathematics at the University of Chicago and Purdue University. :)