Zions Bancorporation(NASDAQ:ZION) today reported 2nd quarter net income of $14.0 million and a net loss applicable to common shareholders of $(1.1) million, or $(0.01) per diluted common share. During the 2nd quarter, the Company sold the remaining portfolio of its collateralized debt obligation securities and recognized a one-time pretax loss of almost $137 million, or $0.42 after-tax per diluted common share. Shareholders’ equity was not adversely affected as the loss had been formerly recognized in accumulated other comprehensive income. Excluding the loss, net earnings applicable to common shareholders was $83.4 million, or $0.41 per diluted common share, for the 2nd quarter of 2015, compared to $75.3 million, or $0.37 per diluted common share, for the 1st quarter of 2015.
Zions Bancorporation(NASDAQ:ZION) started its trading session with the price of $31.40 and closed at $31.93 by scoring +1.40% and traded with total volume of 3.19M shares, During last trade its minimum price was $ 31.39 and it gained the highest price of $ 32.16. Its market capitalization was $ 6.49B.
Scorpio Tankers Inc.(NYSE:STNG) together with its subsidiaries, involves in the seaborne transportation of refined petroleum goods and crude oil international. As of July 13, 2015, it owned 67 tankers comprising 16 LR2 tankers, 15 Handymax tankers, and 45 MR tankers with an average age of 0.9 years; and time charters-in 17 product tankers, including 4 LR2, 4 LR1, 4 MR, and 5 Handymax tankers.
Scorpio Tankers Inc.(NYSE:STNG) showing jumped of 2.12 % and closed at $11.55, after gaining total volume of 2.48M shares. Its opening price was $11.37. Its earnings per share(EPS) is $0.29 and its beta value stands at 1.90 points and has total market capitalization of $2.09B and a total of 181.01M outstanding shares.
Packaging Corp Of America(NYSE:PKG) reported that its Board of Directors has authorized the repurchase of an additional $150 million of the company’s outstanding common stock. Together with remaining authority under formerly reported programs, the company may repurchase almost $205 million of additional shares. Repurchases may be made from time to time in open market or privately negotiated transactions in accordance with applicable securities regulations. The timing and amount of repurchases will be determined by the company in its discretion based on factors such as PCA’s stock price and market and business conditions.
Packaging Corp Of America(NYSE:PKG) reported the surge of 8.26% and closed at $ 70.89, with the total traded volume of 1.24M shares and opening price was $ 72.02. During last trade its minimum price was $ 69.05 and it gained its highest price of $ 72.35 and has a total of 97.91M outstanding shares and its total market capitalization is $ 6.94B.
Ambarella Inc(NASDAQ:AMBA) a most important developer of video compression and image processing semiconductors, reported the achievement of VisLab S.r.l., a privately held Italian company based in Parma, Italy for $30 million in cash. VisLab, the Vision and Intelligent Systems Laboratory at the University of Parma, is a pioneer in perception systems and autonomous vehicle research and was founded by Professor Alberto Broggi. The company has developed computer vision and intelligent control systems for automotive and other commercial applications, including Advanced Driver Assistance Systems and several generations of autonomous vehicle driving systems. These include “Porter,” an autonomous vehicle that made a 13,000 km autonomous trip from Italy to China in 2010.
Ambarella Inc(NASDAQ:AMBA) reported the surge of 3.66 %, after closing price for the day was $122.50 and opening at the price of $118.64. Its total trading volume for the day was 4.93M shares, Its earnings per share are $ 1.95.