Published On: Tue, Dec 26th, 2017

VMware, Inc. (NYSE:VMW) Will Streamline Buy Of VMware Technologies By CENIC’s Members- Ternium S.A. (NYSE:TX)

VMware, Inc. (NYSE:VMW) has 408.42 million outstanding shares and its share price finished at $93.00 by moving down -0.08% in last traded session. VMware (VMW) reported that contract that will streamline buy of VMware technologies by CENIC’s members. Universities, schools, libraries and other cultural, scientific and arts organizations can now purchase VMware’s products that simplify complex IT environments for end users, accelerate digital transformation and positively impact student learning at “favorable” terms and prices.

As the returns are concern, return on equity was recorded 14.30% and firm surged its return on investment of 12.00% while its return on asset stayed at 7.30%. How Outside Factors Effects on Stocks Performance? Find Out Here

Ternium S.A. (NYSE:TX) finished trading at $25.54. Ternium S.A. (NYSE:TX ) reported that its results for the first quarter period ended March 31, 2017. EBITDA of USD464.8 million in the first quarter 2017, 33% higher sequentially, mainly as a result of higher EBITDA per ton and shipments. Earnings per American Depositary Share (ADS) of USD1.33 in the first quarter 2017, a sequential increase of USD0.73 per ADS.Capital expenditures of USD83.9 million in the first quarter 2017, down from USD100.4 million in the fourth quarter 2016.

Net debt position of USD0.9 billion at the end of March 2017, stable compared to the end of December 2016 and equivalent to 0.5 times net debt to last twelve months EBITDA. Ternium’s operating income in the first quarter 2017 was USD364.2 million, a USD117.4 million increase compared to operating income in the fourth quarter 2016 due to higher operating margin4 and shipments. Operating margin surged sequentially mainly as a result of USD46 higher steel revenue per ton, and stable operating cost per ton5. Shipments were 97,000 tons higher compared to the fourth quarter 2016, mainly as a result of a 138,000-ton increase in Mexico partially offset by a 32,000-ton seasonal decrease in the Southern Region.

Corporation has the current ratio of 1.50 for the most recent quarter with 52-week high price of $-8.92% and its 52-week low was recorded at $66.71%. How Inside Factors Effect NYSE:TX? Read Full Report Here