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5-year lows: Rowan Companies, Linn Energy LLC, Greif Inc, and Hatteras Financial Corp

2015-07-27 01:10:59| Industrial Machines - Topix.net

According to GuruFocus list of 5-year lows , these Guru stocks have reached their 5-year lows: Rowan Companies, Linn Energy LLC, Greif Inc, and Hatteras Financial Corp. The prices of Rowan Companies PLC shares have declined to $16.79, which is only 1.1% above the 5-year low of $16.60. It is now 63.0% off the 5-year high of $44.83.

Tags: companies financial energy llc

 

Colfax Corp. hires new CEO

2015-07-25 16:11:00| Industrial Machines - Topix.net

Matthew L. Trerotola will replace Steven E. Simms, who will assist in the transition and will continue to serve on the company's board of directors. Simms, the Baltimore region's highest paid CEO in 2014, announced his intention to retire earlier this year, the company said.

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Encana Corp. posts second-quarter loss, revenue falls from year ago

2015-07-24 16:22:32| Energy - Topix.net

Encana Corp. reported a loss in its latest quarter as its U.S. operations were hit by a big impairment charge related to the drop in commodity prices. The company, which keeps its books in U.S. dollars, says its loss attributable to shareholders totalled US$1.61 billion or $1.91 per share for the quarter ended June 30. The loss for the quarter included an after-tax $1.33-billion impairment charge as well as a $187-million after-tax hit related to an unrealized hedging loss.

Tags: year ago posts loss

 

Encana Corp. posts second-quarter loss, revenue falls from year ago

2015-07-24 14:38:34| Oil & Gas - Topix.net

Encana Corp. reported a loss in its latest quarter as its U.S. operations were hit by a big impairment charge related to the drop in commodity prices. The company, which keeps its books in U.S. dollars, says its loss attributable to shareholders totalled US$1.61 billion or $1.91 per share for the quarter ended June 30. The loss for the quarter included an after-tax $1.33-billion impairment charge as well as a $187-million after-tax hit related to an unrealized hedging loss.

Tags: year ago posts loss

 

VF Corp ups guidance on "strong" Q2

2015-07-24 14:05:26| Daily apparel & textile news and comment - from just-style.com

US apparel giant VF Corp has reported "strong" second-quarter earnings and sales growth, raising its profit guidance for the full year.

Tags: strong ups corp guidance

 

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