Active Stocks News Recap: New York Mortgage Trust Inc (NASDAQ:NYMT), Coach Inc (NYSE:COH), United Rentals, Inc. (NYSE:URI), Reynolds American, Inc. (NYSE:RAI)


On Tuesday, Shares of New York Mortgage Trust Inc (NASDAQ:NYMT), gained 0.91%  to $6.63.


New York Mortgage Trust, expressed results for the quarter finished June 30, 2015.

Synopsis of Second Quarter 2015:

  • Net wage owing to normal stockholders of $21.5 million, or $0.20 per offer.
  • Net interest wage of $20.3 million and net interest edge of 391 premise focuses.
  • Issued and sold 1,413,757 shares of its basic stock at a normal cost of $7.79 per offer under its at-the-business offering projects, bringing about net continues to the Company of about $10.8 million.
  • Issued 3,600,000 shares of 7.875% Series C Cumulative Redeemable Preferred Stock for aggregate net continues of $86.9 million.
  • Achieved the offer of CLOs understanding an increase of about $3.2 million.
  • Sold or renegotiated bothered private home loan credits with a conveying estimation of about $16.6 million for total continues of about $20.2 million, which brought about a net acknowledged increase, before wage assessments, of about $3.6 million.
  • Book esteem per normal offer of $6.82 at June 30, 2015 as difference to $7.03 at March 31, 2015 and $7.07 per regular offer at December 31, 2014.
  • Announced second quarter profit of $0.27 per regular share that was paid on July 27, 2015, denoting the thirteenth progressive quarter at this level.

New York Mortgage Trust, Inc., a land speculation trust (REIT), takes part in gaining, putting resources into, financing, and overseeing home loan related and monetary resources in the United States.

Shares of Coach Inc (NYSE:COH), declined -1.30% to $32.64, during its last trading session.

Mentor Inc., expressed net offers of $1.00 billion for its fourth monetary quarter finished June 27, 2015, including a $43 million commitment from the May obtaining of Stuart Weitzman. This appear differently in relation to $1.14 billion expressed in the same time of the previous year, a reduction of 12%. On a consistent cash premise, absolute deals declined 8% for the period. Net salary for the quarter totaled $85 million, with income per weakened offer of $0.31, not considering change related charges and securing expenses. The securing of Stuart Weitzman contributed $2 million to net salary and $0.01 to profit per weakened offer for the quarter. Net pay in the final quarter of FY14 totaled $164 million with income for each weakened offer of $0.59, not considering change and different activities. Expressed net wage for the final quarter of FY15 totaled $12 million with profit for every weakened offer of $0.04 difference to the first year’s expressed net pay of $75 million and income for each weakened offer of $0.27.

For the monetary year finished June 27, 2015, Coach, Inc. net deals declined 13% to $4.19 billion from $4.81 billion the first financial year while net wage not considering change related charges and procurement expenses was $531 million when contrasted with $870 million in the former year. On a steady coin premise, deals declined 11% for the year. Also, weakened profit per offer on a non-GAAP premise totaled $1.92 as differentiation to $3.10 in the first year. Expressed net wage for the year totaled $402 million and profit for every weakened offer were $1.45, differentiation to expressed net pay for the previous year of $781 million with income for each weakened offer of $2.79.

Mentor, Inc. gives extravagance frill and way of life accumulations for ladies and men in the United States and universally. It offers totes, cash pieces, wristlets, rings, charms, and restorative cases for ladies; and business cases, PC sacks, courier style packs, totes, wallets, card cases, and belts, notwithstanding time organization and electronic frill for men.

At the end of Tuesday’s trade, Shares of United Rentals, Inc. (NYSE:URI), lost -1.30% to $65.84.

United Rentals, proclaimed money related results for the second quarter 2015. Absolute income was $1.429 billion and rental income was $1.220 billion, stand out from $1.399 billion and $1.179 billion, separately, for the same period a year ago. On a GAAP premise, the organization expressed second quarter net wage of $86 million, or $0.88 per weakened offer, appear differently in relation to $94 million, or $0.90 per weakened offer, for the same period last year.1

Balanced EPS for the quarter was $1.95 per weakened offer, diverge from $1.65 per weakened offer for the same period a year ago. Balanced EBITDA3 was $706 million and balanced EBITDA edge was a second quarter organization record at 49.4%, an improve of $43 million and 200 premise focuses, separately, from the same period a year ago.

United Rentals, Inc., through its helpers, works as a gear rental organization. It works in two sections, General Rentals; and Trench Safety, Power and HVAC (warming, ventilating and cooling), and Pump Solutions.

Finally, Reynolds American, Inc. (NYSE:RAI), ended its last trade with 0.24% gain, and closed at $86.26.

Reynolds American pronounced an update of its corporate site as of late, fusing the organization’s new corporate marking after the securing of Lorillard, Inc. furthermore, expansion of the Newport brand to the item arrangement of its accomplice, R.J. Reynolds Tobacco Company.

“The late expansion of Newport, the country’s No. 1 menthol cigarette brand, is another energizing point of reference for our organization in our progressing change venture, so it’s an exceptionally suitable time to invigorate our corporate logo and hues,” said Susan M. Cameron, president and CEO of RAI.

RAI’s site plan at has been redesigned all through to better mirror the organization’s initiative in changing the tobacco business and enhanced focused position for R. J. Reynolds. The site is simpler to explore and has a clean, contemporary look.

Reynolds American Inc. (RAI) is the guardian organization of R.J. Reynolds Tobacco Company; Santa Fe Natural Tobacco Company, Inc.; American Snuff Company, LLC; Niconovum USA, Inc.; Niconovum AB; and R.J. Reynolds Vapor Company.


About the Author

Tanya Jones
Tanya is a senior reporter for JBH News Sports & Tech section. She graduated from York College, City University of New York in 2012.