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Au Optronics Corp (NYSE:AUO) believes that Q3 small, medium panel shipments will likely be ‘up slightly’ from Q2. The company also predicts Q3 ASPs of large panels will likely go up by low single digits from Q2. The shares closed at $2.93, down $0.24 or 7.57% on the day. They have traded in a 52-week range of $3.13 to $6.22.
Bpz Resources Inc (NYSE:BPZ) provided an update on the production volumes of Block Z-1, the Corvina workover program, and the new CX-15 platform. For the 1H of 2012, average total production from the Corvina and Albacora fields at offshore Block Z-1 was 3,715 barrels of oil per day, or bopd, compared to 4,100 bopd this time last year. Total oil production for Q2 from the offshore Corvina and Albacora fields in Block Z-1 was 323 thousand barrels, or MBbls, or 3,550 bopd, in comparison to 353 thousand barrels, or 3,880 bopd during 2012′s Q1. Lowered Block Z-1 production or Q2 compared to the 2012′s Q1 was mainly due to reduced production at Corvina, while Albacora production remained relatively stable. Corvina’s CX-11 platform is to undergo a new six-well workover program at an costing approximately $12 million to optimize production. This workover program is to begin during the beginning of August as the contracted workover rig is currently being moved to the CX-11 platform. Currently, block Z-1 is producing nearly 3,000 bopd, including the Albacora field. Fabrication of the new CX-15 platform was completed in the Wison Nantong yard in China. As previously announced, the CX-15 platform possesses 24 drilling slots and comes with all of the required production and reinjection equipment. Additional ancillary equipment is being shipped to Peru for installation at Corvina. Load out of the new CX-15 platform is anticipated to start on July 28. The shares closed at $2.04, down $0.03 or 1.45% on the day. They have traded in a 52-week range of $2.01 to $4.64.
Cbiz (NYSE:CBZ) reports a Q2 EPS of 12c, consensus 15c. The shares closed at $5.25, down $0.58 or 9.95% on the day. They have traded in a 52-week range of $5.27 to $7.52.
Cliffs Natural Resou (NYSE:CLF): Notable companies who reported following the closing bell are Akamai Tech (NASDAQ:AKAM), Ameriprise Financial (NYSE:AMP), Assurant (NYSE:AIZ), AvalonBay (NYSE:AVB), C R Bard (NYSE:BCR), Citrix Systems (NASDAQ:CTXS), Cliffs Natural Resources (NYSE:CLF), Crown Castle (NYSE:CCI), Equifax (NYSE:EFX), Hudson City Bancorp (NASDAQ:HCBK), LSI (NYSE:LSI), O’Reilly Auto (NASDAQ:ORLY), Owens-Illinois (NYSE:OI), Stericycle (NASDAQ:SRCL), Teradyne (NYSE:TER), Torchmark (NYSE:TMK), Varian Medical (NYSE:VAR), Visa (NYSE:V), Western Digital (NYSE:WDC), and Whole Foods (NASDAQ:WFM). The shares closed at $41.15, down $1.52 or 3.56% on the day. They have traded in a 52-week range of $42.18 to $96.47.
Deutsche Bank Ag (NYSE:DB): Bafin, Germany’s regulator, is to issue a report in August regarding the alleged involvement of Deutsche Bank (NYSE:DB) in the Libor scandal, according to Dow Jones, citing German daily Sueddeutsche Zeitung. Investigators have been working to uncover how high up knowledge concerning the manipulation of Libor and Euribor went in the bank, the newspaper adds. The shares closed at $27.34, down $0.83 or 2.95% on the day. They have traded in a 52-week range of $27.76 to $55.81.
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