ArcelorMittal SA (ADR) (NYSE:MT) unit temporarily withdrew a notice on job cuts at its Vereeniging steel mill, trade union Solidarity said on Tuesday. The steelmaker, which had said it could shed as many as 600 jobs, said it first wants to consult with trade unions before starting with the formal retrenchment process, Solidarity said in a statement. ArcelorMittal SA (ADR) (NYSE:MT) belongs to Basic Materials sector. Its net profit margin is -2.10% and weekly performance is 8.12%. On last trading day company shares ended up $9.59. ArcelorMittal SA (ADR) (NYSE:MT) distance from 50-day simple moving average (SMA50) is -2.88%.
ZAGG Inc (Nasdaq:ZAGG), a leading global mobile device accessories company, announced financial results for the second quarter ending June 30, 2015. We are pleased to announce record sales for the second quarter and significant improvement in our profitability. These results reflect successful execution against our strategic plan to expand distribution and product placement, improve brand awareness, as well as improve our operational efficiencies,” commented Randy Hales, president and CEO of ZAGG Inc. “The company is well positioned to further our goal as the leading global brand in mobile accessories that consumers rely on to make the most of their mobile lives. This momentum, along with our commitment to continuous improvement, will enhance our financial performance and long-term shareholder value. ZAGG Inc (NASDAQ:ZAGG) shares increased 7.60% in last trading session and ended the day at $7.79. ZAGG Gross Margin is 32.80% and its return on assets is 7.30%. ZAGG Inc (NASDAQ:ZAGG) quarterly performance is -3.23%.
Avista Corp. (NYSE:AVA) reported net income from continuing operations attributable to Avista Corp. shareholders of $25.1 million, or $0.40 per diluted share for the second quarter of 2015, compared to $31.3 million, or $0.52 per diluted share for the second quarter of 2014. Net income from discontinued operations attributable to Avista Corp. shareholders was $0.2 million for the second quarter of 2015, compared to $69.6 million or $1.15 per diluted share for the second quarter of 2014, which included the gain on the sale of our former business, Ecova, that was effective June 30, 2014. On 06 August, Avista Corp. (NYSE:AVA) shares increased 0.37% and was closed at $32.50. AVA EPS growth in last 5 year was 4.10%. Avista Corp. (NYSE:AVA) year to date (YTD) performance is -6.20%.
SoftBank Corp announced a near $1 billion share buyback and a higher quarterly profit as loss-making Sprint Corporation (NYSE:S) fared better than expected, with the Japanese telecoms group forecasting “light at the end of the tunnel” for its U.S. unit. The share buyback worth up to 120 billion yen ($961.69 million) would be SoftBank’s biggest ever if carried out in full. CEO Masayoshi Son attributed the surprise move to its lackluster share price and renewed confidence in Sprint which SoftBank bought for more than $20 billion in 2013 but has struggled to turn around. Sprint Corporation (NYSE:S) ended the last trading day at $3.29. Company weekly volatility is calculated as 7.95% and price to cash ratio as 3.13. Sprint Corporation (NYSE:S) showed a weekly performance of -4.08%.
Radisys Corporation (NASDAQ: RSYS), the services acceleration company, today announced the appointment of Mike Hluchyj to its Board of Directors. Mr. Hluchyj previously served as CTO, Carrier Products for Akamai Technologies, with responsibilities that included carrier service provider initiatives related to NFV and its specification. Hluchyj joined Akamai as part of its acquisition of Verivue, a leading provider of content delivery solutions to service providers, where he was a founder and Chief Technology Officer. Prior to co-founding Verivue, he was a founder and Chief Technology Officer of Sonus Networks, a leading global provider of voice over IP (VoIP) infrastructure solutions to carriers. Hluchyj is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE), has been awarded 36 U.S. patents, and is widely published on various subjects, including switching and traffic management in multimedia packet networks. Mr. Hluchyj holds a B.S. in electrical engineering from the University of Massachusetts at Amherst and an M.S. and a Ph.D. in electrical engineering from the Massachusetts Institute of Technology.RadiSys Corporation (NASDAQ:RSYS) shares fell -1.42% in last trading session and ended the day at $2.77. RSYS Gross Margin is 27.70% and its return on assets is -15.30%. RadiSys Corporation (NASDAQ:RSYS) quarterly performance is 20.43%.