Monthly Archives: March 2017

Yahoo! Inc. (NASDAQ:YHOO) & Apple Inc. (NASDAQ:AAPL) – The Most Loveable Stocks – Brief Summary!

Yahoo! Inc. (NASDAQ:YHOO) & Apple Inc. (NASDAQ:AAPL) – The Most Loveable Stocks – Brief Summary!

Upward update is in light of Icahn overhauling his monetary 2015 income every offer evaluation for Apple from $9.60 to $9.70, an assessment he landed at by altering his duty rate suppositions for the organization’s worldwide money. Utilizing President Barack Obama’s late proposition to duty repatriated worldwide income at 19%, Icahn expect a 20% repatriation charge, rather than Apple’s successful assessment rate of 26%, which essentially pumps up his money related model’s monetary 2015 EPS gauge for the organization by $0.10.

Apple stock is exchanging at a colossal markdown to that of the expansive business.

Apple Inc. stock remains a most loved stock among institutional speculators. The organization has been a center part in shared stores, mutual funds and other enormous financial specialists.

Yahoo! Inc. (NASDAQ:YHOO), dropped -0.59% at $44.11& Apple Inc. (NASDAQ:AAPL) climbed 0.81% at $129.49.

Apple is verifiably underestimated. Just applying the business sector normal P/E numerous to the normal investigator financial 2015 EPS appraisal of $8.58 yields an inferred stock cost of over $145, and there’s a case to contend Apple does for sure merit a to some degree above-normal various thinking of it as’ reasonably above-normal development potential in the years ahead.

Apple® divulged a €1.7 billion arrangement to construct and work two server farms in Europe, every fueled by 100 percent renewable vitality. The offices, spotted in County Galway, Ireland, and Denmark’s focal Jutland, determination Apple’s online administrations as well as the iTunes Store®, App Store℠, iMessage®, Maps and Siri® for clients crosswise over Europe.

Apple is verifiably underestimated. Just applying the business normal P/E different to the normal investigator monetary 2015 EPS appraisal of $8.58 yields a suggested stock cost of over $145, and there’s a case to contend Apple does surely merit a to a degree above-normal various thinking of it as’ respectably above-normal development potential in the years ahead.

Apple now straightforwardly utilizes 18,300 individuals over 19 European nations and has included more than 2,000 employments in the most recent 12 months alone. A year ago, Apple spent more than €7.8 billion with European organizations and suppliers helping form Apple items and help operations far and wide.

Yahoo Search in Apps – This offering makes it simple for designers to incorporate Yahoo Search straightforwardly into their applications. This upgrades the client encounter by permitting clients to inquiry the web from inside the application, and can make an extra adaptation channel for engineers.

Apple plans Macs, the best PCs on the planet, alongside OS X, iLife, iWork and proficient programming. Apple drives the computerized music upheaval with its iPods and iTunes online store. Apple has rehashed the cell telephone with its progressive iPhone and App Store, and is characterizing the fate of portable media and registering gadgets.




Afternoon Trade News Analysis on: Palatin Technologies, (NYSEMKT:PTN), Alibaba Group Holding Limited, (NYSE:BABA), Oracle Corporation, (NYSE:ORCL)

Afternoon Trade News Analysis on: Palatin Technologies, (NYSEMKT:PTN), Alibaba Group Holding Limited, (NYSE:BABA), Oracle Corporation, (NYSE:ORCL)

Afternoon Trade News Analysis on: Palatin Technologies, (NYSEMKT:PTN), Alibaba Group Holding Limited, (NYSE:BABA), Oracle Corporation, (NYSE:ORCL)

– in Business & Finance

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During Thursday’s Afternoon trade, Shares of Palatin Technologies Inc. (NYSEMKT:PTN), gained 7.22% to $1.04.

Palatin Technologies is a biopharmaceutical company developing targeted, receptor-specific peptide therapeutics for the treatment of diseases with noteworthy unmet medical needs and commercial potential. Palatin’s lead product under development is bremelanotide for the treatment of female sexual dysfunction (FSD).

The approval of flibanserin (under development by Sprout Pharmaceuticals) recently by the U.S. Food and Drug Administration (FDA) marks a long-awaited milestone in healthcare for women. The FDA’s approval of flibanserin validates that there is an important need for women living with hypoactive sexual desire disorder, or HSDD, to have an approved treatment option. Palatin applauds the FDA’s positive determination, which supports FDA’s previous statements that HSDD is an unmet medical need requiring a safe treatment option for women with HSDD.

Palatin Technologies, Inc., a biopharmaceutical company, develops peptide therapeutics for the treatment of diseases. The company’s clinical development product is Bremelanotide, a peptide melanocortin receptor agonist that has accomplished Phase 2B clinical trial for the treatment of female sexual dysfunction (FSD).

Shares of Alibaba Group Holding Limited (NYSE:BABA), declined -2.37% to $71.39, during its current trading session.

Aliyun, Alibaba Group’s (BABA) cloud computing arm, declared that it will establish a new cloud data center in Singapore. Its headquarters for overseas business will also be based out of Singapore to drive Aliyun’s overseas expansion plan. Planned for an early September launch, the Singapore facility will be the seventh globally.

The new cloud data center leverages on Alibaba Group’s recent US$1 billion investment for cloud computing, and will enable more businesses to benefit from secure and reliable Aliyun-powered cloud services while riding on record foreign direct investment flows in Southeast Asia.

Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.

Finally, Oracle Corporation (NYSE:ORCL), lost -1.29%, and is now trading at $39.02.

Oracle Corporation declared that it has signed a contract to acquire Maxymiser, a leading provider of cloud-based software that enables marketers to test, target and personalize what a customer sees on a Web page or mobile app, substantially increasing engagement and revenue. Maxymiser optimizes over 20 billion customer experiences per month for brands such as Allianz, HSBC, Lufthansa, Tommy Hilfiger and Wyndham.

Oracle Marketing Cloud is already the fastest growing software platform for modern marketers in the world. The addition of Maxymiser to Oracle Marketing Cloud will strengthen the most comprehensive solution to manage marketing programs across all digital channels and across the customer lifecycle.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.

Volume Active Movements- Amgen, (NASDAQ:AMGN), TJX Companies (NYSE:TJX), Humana (NYSE:HUM), Graphic Packaging Holding Company (NYSE:GPK)

Volume Active Movements- Amgen, (NASDAQ:AMGN), TJX Companies (NYSE:TJX), Humana (NYSE:HUM), Graphic Packaging Holding Company (NYSE:GPK)

On Tuesday, Amgen, Inc. (NASDAQ:AMGN)’s shares declined -0.38% to $156.44.

Amgen, Inc. (AMGN) declared a partnershipwith Roche on a Phase 1b study to evaluate the safety and efficacy of talimogene laherparepvec, Amgen’s investigational oncolytic immunotherapy, in combination with Roche’s investigational anti-PDL1 therapy, atezolizumab (also known as MPDL3280A), in patients with triple-negative breast cancer and colorectal cancer with liver metastases.

Talimogene laherparepvec is an investigational oncolytic immunotherapy designed to selectively replicate in tumors (but not normal tissue) and to initiate an immune response to target cancer cells. Atezolizumab is an investigational monoclonal antibody designed to interfere with the PD-L1 protein.

The rationale for combining these two investigational agents is to activate an anti-tumor immune response with talimogene laherparepvec and to block inhibitory T cell checkpoints with atezolizumab, to potentially enhance the anti-tumor activity relative to each agent alone.

Amgen Inc., a biotechnology company, discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses for the treatment of illness in the areas of oncology, hematology, inflammation, bone health, nephrology, cardiovascular, and general medicine.

TJX Companies Inc (NYSE:TJX)’s shares dropped -0.31% to $64.89.

TJX Companies Inc (TJX) declared sales and earnings results for the first quarter ended May 2, 2015. Net sales for the first quarter of Fiscal 2016 raised 6% to $6.9 billion, and merged comparable store sales raised 5%. Net income for the first quarter was $475 million, and diluted earnings per share were $.69, an 8% enhance over the prior year.

Carol Meyrowitz, Chief Executive Officer of The TJX Companies, Inc., stated, “We are extremely happy with our continued momentum and first quarter performance. Our 5% merged comparable store sales growth and 8% enhance in earnings per share were both well above our plan. Our outstanding values and exciting mix of apparel and home fashions continue to resonate with shoppers across all of our geographies. It was great to see that, similar to last quarter, comp sales were almost entirely driven by customer traffic and we had a noteworthyenhance in units sold. At the same time, we also saw a strong enhance in our merchandise margins. We were very happy that we achieved these strong results despite noteworthyforeign currency headwinds and while simultaneously investing in our business to support our growth aims. Our underlying business remains strong, our values are better than ever, and we have many exciting initiatives planned for the remainder of the year to continue driving sales and customer traffic. Further, we are thrilled to see our retail brands becoming more powerful and recognizable with consumers. We are raising our full year earnings per share and comp sales guidance based on the strength of our first quarter results. The second quarter is off to a very strong start and we are confident in our ability to achieve our plans for 2015. We remain convinced that we have the right strategy in place to achieve our long-term growth aims as TJX continues on the path to becoming a $40 billion-plus global, value retailer!”

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. The company sells family apparel, counting footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, in addition to operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com.

At the end of Tuesday’s trade, Humana Inc (NYSE:HUM)‘s shares dipped -0.08% to $214.74.

Humana Inc (HUM) declared recently that it has accomplished its formerly declared sale of the stock of its wholly-owned partner, Concentra Inc. (Concentra), to MJ Acquisition Corporation for about $1.055 billion in cash, subject to customary adjustments. MJ Acquisition Corporation is a joint venture between Select Medical Holdings Corporation (SEM), a leading operator of specialty hospitals and outpatient rehabilitation clinics in the U.S., and Welsh, Carson, Anderson & Stowe XII, L.P., a private equity fund.

The divestiture of Concentra demonstrates the company’s commitment to its formerly declared business portfolio review, ensuring each business supports the company’s integrated care delivery strategy and earns the appropriate return on invested capital.

As formerly revealed, Humana anticipates recognition of a one-time gain from the sale of Concentra during the year ending December 31, 2015 in the range of $1.35 to $1.45 per share, counting the $0.35 per share tax benefit recognized in the quarter ended March 31, 2015 related to the then pending sale.

Humana Inc., together with its auxiliaries, operates as a health and well-being company. The company operates through three segments: Retail, Employer Group, and Healthcare Services. The Retail segment provides Medicare and commercial fully-insured medical and specialty health insurance benefits, counting dental, vision, and other supplemental health and financial protection products directly to individuals.

Graphic Packaging Holding Company (NYSE:GPK), ended its Tuesday’s trading session with 0.49% gain , and closed at $14.33.

Graphic Packaging Holding Company (GPK) Board of Directors declared a quarterly dividend of $0.05 per share. The dividend is payable on July 5, 2015 to shareholders of record at the close of business on June 15, 2015.

Graphic Packaging Holding Company, together with its auxiliaries, provides paper-based packaging solutions to food, beverage, and other consumer products companies. The company produces a range of paperboard grades convertible into folding cartons primarily to protect products, such as food, detergents, paper products, beverages, and health and beauty aids. It also designs, manufactures, and installs packaging machinery related to the assembly of cartons; and produces and sells corrugated medium and kraft papers.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

 




Most Active Stocks Now: Energy Transfer Equity LP (NYSE:ETE), L Brands Inc (NYSE:LB), CF Industries Holdings, Inc. (NYSE:CF)

Most Active Stocks Now: Energy Transfer Equity LP (NYSE:ETE), L Brands Inc (NYSE:LB), CF Industries Holdings, Inc. (NYSE:CF)

Most Active Stocks Now: Energy Transfer Equity LP (NYSE:ETE), L Brands Inc (NYSE:LB), CF Industries Holdings, Inc. (NYSE:CF)

– in Business & Finance

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On Monday, Shares of Energy Transfer Equity LP (NYSE:ETE), lost -3.38% to $19.43.

Energy Transfer Equity, and Energy Transfer Partners, declared that effective recently, Marshall (Mackie) S. McCrea, formerly President and Chief Operating Officer of ETP, has been promoted to Group Chief Operating Officer and Chief Commercial Officer for ETE. Also effective recently is the appointment of long-time ETE board member, Matthew S. Ramsey as President and Chief Operating Officer of ETP.

In his new role, Mr. McCrea, who has been instrumental in ETP’s success, is responsible for the oversight and development of all commercial and planned opportunities for the entire family of midstream partnerships. Preceding to his appointment as ETP president in 2008, McCrea held a number of senior administration positions within the partnership counting President of Energy Transfer Company, a partner of ETP, and Senior Vice President of business development. McCrea began his career in the energy industry in 1983.

Energy Transfer Equity, L.P., through its auxiliaries, provides diversified energy-related services in the Unites States. It owns and operates about 7,700 miles of natural gas transportation pipelines and 3 natural gas storage facilities located in the state of Texas; and about 12,800 miles of interstate natural gas pipeline.

Shares of L Brands Inc (NYSE:LB), declined -3.31% to $93.67, during its last trading session.

L Brands, declared the declaration of its regular quarterly dividend of $0.50 per share payable on Dec. 4, 2015, to shareholders of record at the close of business on Nov. 20, 2015. This is the company’s 164th successive quarterly dividend.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International.

Finally, Shares of CF Industries Holdings, Inc. (NYSE:CF), ended its last trade with 3.61% gain, and closed at $48.20.

CF Industries Holdings, declared results for its fiscal third quarter ended September 30, 2015.

Third Quarter Highlights

Operations

  • New record-best 12-month safety incident rate of 0.80
  • Stated EBITDA of $256 million
  • Net earnings of $91 million or $0.39 per diluted share
  • Repurchased 358,000 shares during the third quarter; 233 million shares outstanding
  • Accomplished a 106-day turnaround and refurbishment of the Woodward, Oklahoma, facility, of which 75 days were in the third quarter
  • Reached long-term natural gas hedges for the 2016 through 2018 period
  • Separated Ammonium Nitrate from Other segment to form a new reportable segment

CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company’s principal nitrogen fertilizer products comprise ammonia, granular urea, and urea ammonium nitrate solution. Its other nitrogen products comprise ammonium nitrate, diesel exhaust fluid, urea liquor, and aqua ammonia.

Related Posts

Current Trade News Buzz on: Servicemaster Global Holdings (NYSE:SERV), Chico’s FAS, (NYSE:CHS), GNC Holdings (NYSE:GNC), Omega Healthcare Investors (NYSE:OHI)

Current Trade News Buzz on: Servicemaster Global Holdings (NYSE:SERV), Chico’s FAS, (NYSE:CHS), GNC Holdings (NYSE:GNC), Omega Healthcare Investors (NYSE:OHI)

During Tuesday’s Current trade, Shares of Servicemaster Global Holdings Inc (NYSE:SERV), lost -4.19% to $-4.19.

Women’s specialty retailer Chico’s FAS, Inc. (CHS) will host a conference call with security analysts on Wednesday, August 26, 2015 starting at 8:30 a.m. EDT to review the operating results for the second quarter ended August 1, 2015.

The conference call is being webcast live over the Internet, which you may access in the Investors section of the Chico’s FAS, Inc. corporate Web site, www.chicosfas.com.

Chico’s FAS, Inc. operates as an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items. The company’s portfolio of brands comprises of Chico’s, White House|Black Market (WH|BM), Soma Intimates (Soma), and Boston Proper. The Chico’s brand sells private branded clothing; and accessories, such as handbags, belts, scarves, earrings, necklaces, and bracelets focusing on women of age 40 and over.

Shares of Chico’s FAS, Inc. (NYSE:CHS), inclined 0.07% to $14.98, during its current trading session.

ServiceMaster Global Holdings, Inc. (SERV), a leading provider of essential residential and commercial services, recently declared preliminary unaudited second-quarter 2015 results. The company stated second-quarter 2015 revenue of $716 million, an enhance of 5 percent contrast to the same period in 2014. The enhance in revenue was driven by strong organic growth at American Home Shield (“AHS”), raised sales of new services at Terminix and price enhances, partially offset by lower demand for traditional termite services.

The company stated second-quarter 2015 net income of $67 million or $0.49 per share, counting a loss on extinguishment of debt of $14 million related to the company’s redemption of its 8% Senior Notes, as compared to $40 million or $0.44 per share in the same period in 2014.

The company stated second-quarter 2015 adjusted net income of $82 million, or $0.60 per share, as compared to $52 million, or $0.56 per share, for the same period in 2014. Earnings per share and other share data contained in this release reflect 136.5 million and 92.2 million diluted share counts for the second quarter ended June 30, 2015 and 2014, respectively.

ServiceMaster Global Holdings, Inc. provides residential and commercial services in the United States. It operates in three segments: Terminix, American Home Shield, and the Franchise Services Group. The Terminix segment offers termite and pest control services, counting termite remediation, annual termite inspection and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.

GNC Holdings Inc (NYSE:GNC), during its Tuesday’s current trading session gained 3.51% to $50.42.

GNC Holdings, Inc. (GNC) a leading global specialty health, wellness and performance retailer, recently declared its Board of Directors has authorized a multi-year program to repurchase up to an aggregate $500 million of the Company’s Class A common stock. The authorization is effective right away, and is in addition to the Company’s previous authorization which presently has $242.0 million remaining. The Company may finance any repurchases with cash, potential financing transactions, or a combination of the foregoing. The repurchases are predictable to take place over the next 24 months with the amount and timing determined by the Company based on its financial condition, business opportunities and the market conditions at the time.

GNC Holdings, Inc. operates as a specialty retailer of health and wellness products. The company operates through three segments: Retail, Franchise, and Manufacturing/Wholesale. Its products comprise vitamins, minerals and herbal supplements, sports nutrition products, diet products, and other wellness products. The company sells its products under GNC proprietary brands, counting Mega Men, Ultra Mega, Total Lean, Pro Performance, Pro Performance AMP, Beyond Raw, GNC Puredge, GNC GenetixHD, and Herbal Plus, in addition to under third-party brands. It operates a network of about 8,900 locations worldwide.

Finally, Omega Healthcare Investors Inc (NYSE:OHI), gained 0.49%, to $36.82.

Omega Healthcare Investors, Inc. (OHI) (declared its results of operations for the three-month period ended June 30, 2015. The Company also stated for the three-month period ended June 30, 2015 Funds From Operations (“FFO”) accessible to common stockholders of $100.7 million or $0.52 per common share and Funds Accessible For Distribution (“FAD”) to common stockholders of $136.1 million or $0.70 per common share.

GAAP NET INCOME

For the three-month period ended June 30, 2015, the Company stated net income of $43.5 million, or $0.22 per diluted common share, on operating revenues of $197.7 million. This compares to net income of $46.8 million, or $0.37 per diluted common share, on operating revenues of $121.8 million, for the same period in 2014.

For the six-month period ended June 30, 2015, the Company stated net income of $86.5 million, or $0.53 per diluted common share, on operating revenues of $331.1 million. This compares to net income of $102.6 million, or $0.81 per diluted common share, on operating revenues of $242.8 million, for the same period in 2014.

Omega Healthcare Investors, Inc. is a real estate investment firm. The firm invests in the real estate markets of United States. It invests in healthcare facilities, primarily in long-term healthcare facilities in order to create its portfolio. Omega Healthcare Investors, Inc. was founded in 1992 and is based in Maryland, United States.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




3 Remarkable Stocks News Review: Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), ConAgra Foods (NYSE:CAG)

3 Remarkable Stocks News Review: Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), ConAgra Foods (NYSE:CAG)

On Wednesday, Bank of America Corp (NYSE:BAC)’s shares declined -1.19% to $17.06.

Bank of America declared the redemption of $2.0 billion of trust preferred securities. Startning in January of 2016, these securities, unlike the corporation’s other outstanding series of trust preferred securities, will completely phase out from regulatory capital.

As a result of the Bank of America Merrill Lynch merger in 2009, the company recorded a discount to par value as purchase accounting adjustments associated with these securities. Bank of America will record a non-cash reduction to net interest income and to pretax income of about $600 million in the fourth quarter of 2015 for the remaining discount to par value. The company anticipates to realize cash savings from lower funding costs as a result of the redemption.

The redemption affects all of the trust preferred securities of each trust listed in the table below. The redemption date for all such trust preferred securities is January 29, 2016, and the redemption price is 100 percent of the liquidation amount per trust preferred security, plus accumulated and unpaid distributions on the trust preferred securities through the redemption date.

The address for The Bank of New York Mellon, the paying agent for the trust preferred securities of each of the trusts listed in the table above, is 101 Barclay Street, 8 West, New York, New York 10286.

Bank of America Corporation is a bank holding company. The company, through its auxiliaries, operates through Consumer and Business Banking; Consumer Real Estate Services; Global Wealth and Investment Administration; Global Banking; Global Markets; and Other segments.

Wells Fargo & Co (NYSE:WFC)’s shares dropped -0.72% to $54.89. The last trading range of Wells Fargo & Co (NYSE:WFC) ranges between $54.79 and $55.31. The EPS of the company stands at $4.14. The 52-week range shows that the stock reached higher at $58.76 while its lower range is $47.75 in the last 52-weeks. The average volume of the company is at 14.83 million with the Outstanding Shares of 5.11 billion. The market capitalization of the company is $282.41 billion. The Beta of the company stands at 0.94 with the RSI (Relative Strength Index) of 51.71.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.

ConAgra Foods Inc (NYSE:CAG)‘s shares dipped -0.26% to $42.59. ConAgra Foods Inc (NYSE:CAG) is now worth about $18.49 billion. The share price has made a 4.93% gain in the past 5 days and has gained 17.39% since 2015 kicked off. Analysts are forecasting EPS growth of -1.00% for next fiscal year and 7.05% growth in the next 5 years. The stock trades with a beta of 0.38. The stock price is above by 5.75% as contrast to the average price over the last 200 days. The company has 24.10% gross margins.

ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through three segments: Consumer Foods, Commercial Foods, and Private Brands. The Consumer Foods segment provides branded food products in various categories, such as meals, entrees, condiments, sides, snacks, and desserts to various retail channels, such as frozen, refrigerated, and shelf-stable temperature classes.




Active Stocks in Focus: Century link Inc (NYSE:CTL), Valero Energy Corporation (NYSE:VLO), Willis Group Holdings PLC (NYSE:WSH)

Active Stocks in Focus: Century link Inc (NYSE:CTL), Valero Energy Corporation (NYSE:VLO), Willis Group Holdings PLC (NYSE:WSH)

On Thursday, Shares of Century link Inc (NYSE:CTL), lost -0.91% to $25.16.

Century Link, Inc. (CTL) plans to release its fourth quarter 2015 earnings results after the market closes on Wednesday, February 10, 2016, and host a related conference call at 4:00 p.m. CST that day.

KBC Group reduced its position in shares of Centurylink Inc (NYSE:CTL) by 39.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 273,559 shares of the company’s stock after selling 180,426 shares during the period. KBC Group’s holdings in Centurylink were worth $6,871,000 as of its most recent filing with the SEC.

Separately, ING Groep raised its position in Centurylink by 84.3% in the third quarter. ING Groep now owns 1,029,412 shares of the company’s stock worth $25,849,000 after buying an additional 470,870 shares in the last quarter.

Century Link, Inc. provides various communications services to residential, business, governmental, and wholesale customers in the United States. It operates through two segments, Business and Consumer. The company offers broadband services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; private line services for transmission of large amounts of data between sites; and multi-protocol label switching, a data networking technology to support real-time voice and video.

Shares of Valero Energy Corporation (NYSE:VLO), declined -1.19% to $70.73, during its last trading session.

Valero Energy Corporation declared that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy Corporation will attend the Goldman Sachs Global Energy Conference on January 6 and 7, 2016.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and product supply and distribution, and transportation operations.

Finally, Willis Group Holdings PLC (NYSE:WSH), ended its last trade with -0.73% loss, and closed at $48.58.

Willis Group Holdings plc (WSH), the global risk advisory, re/insurance broking, and human capital and benefits firm, has declared the completion of its acquisition of Gras Savoye, the leading French insurance broker.

On April 22, 2015, Willis Group declared a firm offer to acquire the remaining 70 per cent of Gras Savoye that it did not own. The transaction accomplished on December 29, 2015, following acceptance of the offer by Gras Savoye shareholders in late June, consultation with workers’ councils, and the receipt of regulatory approvals.

Willis and Gras Savoye will work together to bring the best of their organisations to clients, enabling them to innovate and implement the /files/includes/todays-hot-stories-pfizer-nysepfe-emc-corporation-nyseemc-att-nyset-spirit-realty-capital-nysesrc-154687-right.js solutions to manage risk and people.

Willis Group Holdings Public Limited Company provides insurance brokerage, reinsurance, and risk administration consulting services worldwide. It provides services to aerospace clients, counting aircraft manufacturers, air cargo handlers and shippers, airport managers, and other general aviation companies; and advisory services, such as claims recovery, contract and leasing risk administration, safety services, and market information.

 

 




Technology Stocks in Review: Micron Technology, (NASDAQ:MU), Activision Blizzard, (NASDAQ:ATVI), Gogo (NASDAQ:GOGO)

Technology Stocks in Review: Micron Technology, (NASDAQ:MU), Activision Blizzard, (NASDAQ:ATVI), Gogo (NASDAQ:GOGO)

Technology Stocks in Review: Micron Technology, (NASDAQ:MU), Activision Blizzard, (NASDAQ:ATVI), Gogo (NASDAQ:GOGO)

– in TECHNOLOGY

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On Thursday, Micron Technology, Inc. (NASDAQ:MU)’s shares declined -5.33% to $15.51.

MU is currently valued at $18.94 billion. The company has 1.09 billion shares outstanding and 91.90% shares of the company were owned by institutional investors. The company has 1.11 value in price to sale ratio while price to book ratio was recorded as 1.43. The company exchanged hands with 26.77 million shares as compared to its average daily volume of 30.15 million shares. It beta stands at 2.05.

The mean estimate for the short term price target for Micron Technology, Inc.(NASDAQ:MU) stands at $21.27 according to 30 Analysts. The higher price target estimate for the stock has been calculated at $43.00 while the lower price target estimate is at $12.50.

Analysts mean recommendation for the stock is 2.40. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Micron Technology, Inc. is a global provider of semiconductor devices. Through the Company’s global operations, it manufactures and markets a full range of Dynamic Random Access Memory (DRAM), NAND Flash and NOR Flash memory, in addition to other memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, automotive, industrial.

Activision Blizzard, Inc. (NASDAQ:ATVI)’s shares gained 1.00% to $37.36.

ATVI offered 65.90% EPS for prior five years. The company has 12.70% return on equity value while its ROI ratio was 9.00%. The company has $26.97 billion market capitalizations and the institutional ownership was 69.70%. Its price to book ratio was 3.48. Volatility of the stock was 5.99% for the week while for the month booked as 3.09%.

The mean estimate for the short term price target for Activision Blizzard, Inc.(NASDAQ:ATVI) stands at $40.90 according to 18 Analysts. The higher price target estimate for the stock has been calculated at $47.00 while the lower price target estimate is at $36.00.

Analysts mean recommendation for the stock is 1.80. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games.

At the end of Thursday’s trade, Gogo Inc (NASDAQ:GOGO)‘s shares surged 10.13% to $16.41.

GOGO has market value of $1.28 billion while its EPS was booked as $-1.13 in the last 12 months. The stock has 85.81 million shares outstanding while 68.30% shares of the company were owned by institutional investors. In the profitability analysis, the company has gross profit margin of -20.90% while net profit margin was 51.30%.

The mean estimate for the short term price target for Gogo Inc(NASDAQ:GOGO) stands at $21.33 according to 6 Analysts. The higher price target estimate for the stock has been calculated at $26.00 while the lower price target estimate is at $11.00.

Analysts mean recommendation for the stock is 2.30. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Gogo Inc. is a holding company. The Company is an aero communications service provider. The Company operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW) and Business Aviation (BA).

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

Pre-Market News Report on: Yelp (NYSE:YELP), Boeing (NYSE:BA), Oncothyreon (NASDAQ:ONTY), Akamai Technologies, (NASDAQ:AKAM)

Pre-Market News Report on: Yelp (NYSE:YELP), Boeing (NYSE:BA), Oncothyreon (NASDAQ:ONTY), Akamai Technologies, (NASDAQ:AKAM)

On Tuesday, Yelp Inc (NYSE:YELP)’s shares declined -0.50% to $45.44.

Blue Calypso, Inc. developer of patented mobile consumer shopping engagement solutions for retailers and product manufacturers, recently declared the Court has reset a Claim Construction Hearing, or “Markman hearing” for July 8, 2015 in the Eastern District of Texas for Blue Calypso’s patent infringement lawsuits against Groupon , Foursquare, Yelp (YELP) and IZEA. The hearing had been planned for Jun 29, 2015. Judge Rodney Gilstrap will preside.

Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories.

Boeing Co (NYSE:BA)’s shares dropped -0.40% to $140.08.

Boeing Co (BA) released its 2015 Environment Report highlighting the company’s raised use of renewable energy, testing of environmentally promising technologies and other progress toward improving the environmental performance of its products, services and operations.

Highlights of the 2015 Report comprise:

  • Increasing use of renewable energy, counting powering the 4.3-million-square-foot 737 factory in Renton, Washington, with electricity from 100-percent renewable sources.
  • Testing more than 40 technologies on the ecoDemonstrator 787 and 757 to improve airplane fuel efficiency and reduce emissions and noise.
  • Ongoing Boeing leadership to develop sustainable aviation biofuel, counting the world’s first flights using “green diesel”.
  • Successfully launching the first two all-electric-propulsion satellites, which use only clean electric power and nonhazardous gas for propulsion.
  • Collaborating with global partners on environmental issues facing the aerospace industry
  • Feature stories on employees around the world who are working to improve Boeing’s environmental performance.

The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital.

At the end of Tuesday’s trade, Oncothyreon Inc (USA) (NASDAQ:ONTY)‘s shares dipped -3.19% to $3.95.

Oncothyreon Inc. (ONTY) recently declared the presentation of positive data from the company’s ongoing trials of ONT-380, an orally active, reversible and selective small-molecule HER2 inhibitor for the treatment of breast cancer, at the American Society of Clinical Oncology (ASCO) 2015 Annual Meeting. The first presentation updated data from the Phase 1b trial of ONT-380 in combination with Xeloda(R) (capecitabine)and Herceptin(R) (trastuzumab) in third line treatment of HER2-positive metastatic breast cancer. The data support Oncothyreon’s plans to initiate a blinded, randomized, placebo-controlled Phase 2 trial in this indication. The second presentation focused on the role of ONT-380 in the treatment of HER2-positive breast cancer central nervous system (CNS) metastases.

Patients comprised of in the presentation on the role of ONT-380 in the treatment of CNS metastases were selected from the above trial and from an ongoing Phase 1b trial (ClinicalTrials.gov Identifier NCT01983501) of ONT-380 in combination with Kadcyla in patients who have been formerly treated with Herceptin and a taxane for metastatic breast cancer. Patients were comprised of if their presenting CNS lesions were evaluable for response using RECIST 1.1 criteria and they had either untreated, asymptomatic lesions having never received radiotherapy or surgery to the CNS (n=8) or new or progressive lesions following prior CNS therapy (n=14). Best CNS response was a CR in one patient, a PR in four patients and SD in nine patients. No patient had progressive disease as a CNS best response. One patient was not evaluable for response having undergone surgery for a symptomatic CNS lesion; pathologic examination of the resected specimen found no evidence of viable tumor. Two patients were not evaluated because of progressive disease outside of the CNS, while five patients in the series remain too early to evaluate.

Oncothyreon Inc., a clinical-stage biopharmaceutical company, engages in the research and development of therapeutic products for the treatment of cancer. Its clinical-stage product candidates comprise ONT-380, an orally active and selective small-molecule HER2 inhibitor, which is in two Phase 1b trials, one in combination with Kadcyla and another in combination with Xeloda and/or Herceptin; and ONT-10, a therapeutic vaccine in Phase 1 trial targeting the Mucin 1 peptide antigen (MUC1) for use in various cancer indications, counting breast, thyroid, colon, stomach, pancreas, ovarian, and prostate, in addition to certain types of lung cancer.

Akamai Technologies, Inc. (NASDAQ:AKAM), ended its Tuesday’s trading session with -2.66% loss, and closed at $72.90.

Akamai Technologies, Inc. (AKAM) has inked a partnership deal with China Unicom’s cloud business, CU Cloud, to offers its full range of web performance, media delivery, and cloud security services.

One of China’s largest cloud computing service providers, CU Cloud will bundle its services with Akamai’s offerings and both partners will further develop opportunities aimed at assisting Chinese businesses expand their web presence globally.

Akamai said the deal would extend the reach of its CDN (content delivery network) services in China. It added that CU Cloud also would be tapping its “turnkey CDN” technology to deliver its own cloud services.

Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing online content and business applications in the United States and internationally. The company offers media content delivery solutions to execute digital media distribution strategies, counting download delivery solutions for the distribution of file downloads, such as games, progressive video and audio files, documents, and other file-based content; and adaptive delivery solutions for streaming video content in various bitrate streaming formats; content preparation and packaging for multiple platforms, a customizable media player, and content protection technologies; a suite of analytics tools to monitor online video viewer experiences and the effectiveness of Web software downloads, while measuring audience engagement, and quality of service performance; and NetStorage, a cloud storage solution.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

 




(F) (GM) (XRX) (LUV) Active News Update: Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), Xerox Corp (NYSE:XRX), Southwest Airlines Co (NYSE:LUV)

(F) (GM) (XRX) (LUV) Active News Update: Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), Xerox Corp (NYSE:XRX), Southwest Airlines Co (NYSE:LUV)

On Monday, Shares of Ford Motor Company (NYSE:F), lost -3.03% to $13.12.

Ford Motor Company is rescheduling its formerly declared Investor Day – originally planned for a half-day in New York City on Oct. 30, 2015 – to allow for a full-day event in Dearborn in the first half of 2016.

The expanded Investor Day will enable a review of the company’s vision and outlook in addition to an immersion into the latest Ford products and Ford Smart Mobility innovations.

In the meantime, investment community representatives will have the chance to speak with company leaders during the following two events:

  • 27: Ford’s Third Quarter Financial Results will be presented by Mark Fields, president and chief executive officer, and Bob Shanks, executive vice president and chief financial officer, during a call with analysts and the news media.
  • 19: Shanks also will host a “Let’s Chat” forum for analysts in New York City at 10 a.m to discuss key items of interest to the investment community. Also participating will be Stuart Rowley, Ford vice president and controller, and Neil Schloss, Ford vice president and treasurer. Following a short presentation, Ford will host a question-and-answer session with analysts present.

Ford Motor Company (Ford) manufactures or distributes automobiles across six continents. The Company operates in two sectors: Automotive and Financial Services. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific segments.

Shares of General Motors Company (NYSE:GM), declined -2.92% to $28.55, during its last trading session.

About a year ago, Mary Barra gathered General Motors Co.’s top 300 executives at the company’s test track west of Detroit. The chief executive officer asked them to suggest one thing they would change about GM’s notoriously stifling culture, according to Bloomberg.

They gave her five, such as more candor and more accountability. Perhaps most important was instilling the “tenacity to win,” Barra said in an interview.

That’s proving Barra’s top challenge so far as she pushes the company to switch from survivor mode — a bankruptcy and safety recall — to winning in the marketplace. Investors skeptical about prospects have pushed GM stock down 27 percent since Barra took over in January 2014, even as she has refocused her company on profits rather than chasing sales like the old GM did. Bloomberg Reports

General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial).

Shares of Xerox Corp (NYSE:XRX), declined -3.70% to $9.64, during its last trading session.

For the second successive year, Xerox (XRX) has been named to the Dow Jones Sustainability Index for North America. Launched in 1999, the Dow Jones Sustainability Indices evaluate the sustainability performance of the largest 2,500 companies listed on the Dow Jones Global Total Stock Market Index. Companies are selected for the indices based on a comprehensive assessment of long-term economic, environmental and social criteria that account for general in addition to industry-specific sustainability trends.

“Inclusion in the Dow Jones Sustainability Index is a source of pride for our employees, building on our history and belief that sustainability is achievable with innovation and ingenuity,” said Diane O’Connor, vice president, Xerox Environment, Health, Safety and Sustainability.

Xerox has a long-standing commitment to environmental sustainability that began more than 30 years ago with the introduction of two sided copying and continued over the decades with innovative solutions such as power down mode for office equipment and electronics remanufacturing. More recently, Xerox introduced a number of transportation solutions to enhance urban mobility, such as the Merge® smart parking system, which uses occupancy data from meters and sensors to vary pricing and hence availability and the Xerox Print Awareness Tool, which provides end-users with graphical displays of their print usage in addition to “eco-tips” to enhance sustainability awareness and choices.

Xerox Corporation is engaged in offering business process and document management solutions. The Company operates through the following segments: Services, Document Technology and Other. The Company’s customers include small and midsize businesses (SMBs), graphic communications companies, Governmental entities, educational institutions and Fortune 1000 corporate accounts.

Finally, Southwest Airlines Co (NYSE:LUV), ended its last trade with -1.68% loss, and closed at $37.45.

At a meeting recently, the Board of Directors of Southwest Airlines designated Dr. Thomas W. Gilligan as a member of the Board. Dr. Gilligan presently serves as the Tad and Dianne Taube Director of the Hoover Institution on War, Revolution and Peace at Stanford University, a position he has held since Sept. 2015. The Hoover Institution is a public policy research center devoted to the advanced study of economics, politics, history, and political economy in addition to international affairs.

Before his appointment at the Hoover Institution, Dr. Gilligan served as the Dean of the McCombs School of Business at The University of Texas at Austin from 2008 to Aug. 2015, where he also held the Centennial Chair in Business Education Leadership.

Dr. Gilligan has held several key administrative roles at the Marshall School of Business at the University of Southern California (USC) between 1987 and 2008, counting interim Dean, the Vice-Dean of Undergraduate Education, director of the Ph.D. program, and the Chair of the Finance and Business Economics Department. During his tenure at USC, he held visiting appointments at Stanford University (1989-1990 and 1994) and Northwestern University (1995-1996). From 1984 to 1987, Dr. Gilligan taught Economics at the California Institute of Technology. Dr. Gilligan was a staff economist at the Council of Economic Advisers in the White House from 1982 to 1983; and he served in the United States Air Force from 1972 to 1976. Dr. Gilligan also presently serves on the Board of Directors of KB Home. He received his B.A. in 1979 at the University of Oklahoma and his Ph.D. in Economics at Washington University in 1984.

Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Pre-Market Stocks Recap: Vantage Drilling Company (NYSEMKT:VTG), General Mills, (NYSE:GIS), Senior Housing Properties Trust (NYSE:SNH), Royal Dutch Shell (NYSE:RDS.A)

Pre-Market Stocks Recap: Vantage Drilling Company (NYSEMKT:VTG), General Mills, (NYSE:GIS), Senior Housing Properties Trust (NYSE:SNH), Royal Dutch Shell (NYSE:RDS.A)

On Monday, Vantage Drilling Company (NYSEMKT:VTG)’s shares declined -0.13% to $0.238.

Vantage Drilling Company (VTG) declared that it has retained Lazard Freres & Co. LLC to advise the Company with respect to financing and planned opportunities. The Board of Directors has retained Lazard to evaluate financing opportunities, strengthen and expand administration’s analysis of the changing marketplace and provide an independent resource for evaluating the Company’s planned plans. The outcome of this process cannot be determined at this time and may not be determined in the near term. The Company does not anticipate disclosure of developments concerning this process until the Company determines that disclosure is necessary or appropriate.

Vantage Drilling Company, through its auxiliaries, provides offshore contract drilling services in the United States and internationally. It offers drilling units, related equipment, and work crews under contract to drill oil and natural gas wells. The company also provides construction supervision and operations administration services for drilling units owned by others.

General Mills, Inc. (NYSE:GIS)’s shares gained 0.81% to $56.58.

General Mills, Inc. (GIS) has committed to removing artificial flavors and colors from artificial sources from the rest of its cereals in response to consumers’ changing preferences. Recently, more than 60 percent of General Mills Cereals like Cinnamon Toast Crunch and Original Cheerios are already without artificial flavors and colors from artificial sources and have been that way for a long time.

General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. It also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company operates in three segments: U.S. Retail, International, and Convenience Stores and Foodservice. Its products comprise ready-to-eat cereals; convenient meals, counting meal kits, ethnic meals, pizza, frozen breakfast, and frozen entrees; snacks comprising grain, fruit, and savory snacks, in addition to nutrition bars and frozen hot snacks; refrigerated yogurt products; ice creams; baking mixes and ingredients; refrigerated and frozen dough products; and frozen and shelf-stable vegetable products. In addition, the company’s products comprise organic products, such as granola bars, cereals, and soups.

At the end of Mondays trade, Senior Housing Properties Trust (NYSE:SNH)‘s shares dipped -0.59% to $18.42.

Senior Housing Properties Trust (SNH), Hospitality Properties Trust (HPT), Select Income REIT (SIR) and Government Properties Income Trust (GOV) (each a “REIT” and, collectively, the “REITs”) recently declared that they have attained combined economic ownership of about half of Reit Administration & Research LLC (“RMR”). Each of the REITs is managed by RMR and, simultaneously with the REITs’ acquisition of ownership in RMR, the administration agreements with RMR were amended and extended for 20 year terms. The REITs’ ownership in RMR is held indirectly through a new holding company of RMR (“RMR INC”). Following the agreements entered for this transaction, the REITs have agreed to distribute about half of the RMR INC shares held by them to their shareholders as a special dividend, and RMR INC has agreed to facilitate this by filing a registration statement with the Securities and Exchange Commission (the “SEC”) to register the RMR INC shares to be distributed and by seeking a listing of those shares on a national stock exchange upon the registration statement being declared effective by the SEC.

In addition to the value of the RMR INC shares distributed to the REITs’ shareholders, the predictable benefits of these transactions to the REITs’ shareholders comprise:

  • Further alignment of interests among RMR administration, the REITs and the REITs’ shareholders because the REITs and their shareholders own RMR INC shares.
  • Further alignment of interests among RMR administration, the REITs and the REITs’ shareholders because the historical owners of RMR have become owners of a noteworthy number of restricted shares of each of the REITs and those shares are subject to 10 year lock up agreements.
  • Providing greater transparency for the REITs’ shareholders into RMR administration, counting RMR’s financial and operating results.
  • The REITs will continue to benefit from low general and administrative costs which RMR administration provides to each REIT.

Government Properties Income Trust is a real estate investment trust (REIT). The Company operates in two business segments: ownership of properties that are primarily leased to Government tenants and its equity method investment in Select Income REIT (SIR). The Company’s properties are located in Alabama, Arizona, California, Florida, Kentucky, Massachusetts, New Jersey, New York, Texas, Washington and Wyoming. The Company’s properties (64 buildings), with about 7.7 million rentable square feet, are primarily leased to the United States Government, 18 of those properties (24 buildings), with about 2.6 million rentable square feet primarily leased to 12 state governments, one of those properties (one building), with 187,060 Rentable square feet, is leased to the United Nations, an international intergovernmental organization, and three of those properties (three buildings), with 507,788 rentable square feet primarily leased to non-government tenants.

Royal Dutch Shell plc (ADR) (NYSE:RDS.A), ended its Monday’s trading session with 0.97% gain, and closed at $59.12.

Royal Dutch Shell plc (ADR) (RDS.A) declares that it has issued 23,430,143 A ordinary shares of €0.07 each in relation to the scrip dividend program for the first quarter 2015 interim dividend. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the “Code”), Royal Dutch Shell plc confirms that following this issue, it has the following relevant securities held and in issue outside treasury: 3,918,015,024 A ordinary shares of €0.07 each, with ISIN reference GB00B03MLX29; and 2,440,410,614 B ordinary shares of €0.07 each, with ISIN reference GB00B03MM408, each admitted to trading on the main market of the London Stock Exchange and on Euronext Amsterdam. The total number of Royal Dutch Shell plc A ordinary shares and B ordinary shares held and in issue outside treasury is 6,358,425,638. Royal Dutch Shell plc has A and B American Depositary Shares (“ADSs”) listed on the New York Stock Exchange. The Bank of New York Mellon acts as depositary. Each A ADS represents two A ordinary shares of €0.07 each and each B ADS represents two B ordinary shares of €0.07 each. The Royal Dutch Shell plc A ADSs have the trading symbol RDS.A and ISIN US7802592060 and the Royal Dutch Shell plc B ADSs have the trading symbol RDS.B and ISIN US7802591070.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy .

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Volume Active Trending Stocks- Eldorado Gold Corp (USA) (NYSE:EGO), Royal Dutch Shell plc (ADR) (NYSE:RDS.A), Amarin Corporation plc (ADR) (NASDAQ:AMRN), Wendys Co (NASDAQ:WEN)

Volume Active Trending Stocks- Eldorado Gold Corp (USA) (NYSE:EGO), Royal Dutch Shell plc (ADR) (NYSE:RDS.A), Amarin Corporation plc (ADR) (NASDAQ:AMRN), Wendys Co (NASDAQ:WEN)

On Tuesday, Eldorado Gold Corp (USA) (NYSE:EGO)’s shares inclined 1.68% to $4.85.

Eldorado Gold Corp (USA) (EGO) declare the completion of the Feasibility Study (“FS” or the “Study”) with its’ partner, Deva Gold S.A., for the 80.5%-owned Certej project (“Certej” or the “Project”) in Romania. The Study was led by an internal team with technical support offered by various Canadian and Romanian consultants. The Certej project is located in the southern part of the Apuseni Mountains in central Romania, about 12 kilometres north-east of the regional town of Deva in Hunedoara County.

The Study’s highlights comprise:

  • Generation of a post-tax internal rate of return (IRR) of 13% and a net present value (“NPV”) at a 5% discount rate of $229 million.
  • An open pit strip ratio of 2.96:1, mining a total of 44 million tonnes (Mt) of ore over the life of mine.
  • Estimated cash operating costs of $568/oz and all-in sustaining costs of $745/oz.
  • Initial capital estimate of $449 million and sustaining capital estimate of $203 million (counting closure).
  • Processing rate of ~8,000 tonnes per day (“tpd”) would produce an average of 140,000 oz Au and 830,000 oz Ag per year.
  • Confirmation of Pressure Oxidation (POX) for mineral processing; regarded as Best Accessible Technology.
  • Recoveries of 87.4% and 80% for gold and silver respectively.

Eldorado Gold Corporation, together with its auxiliaries, engages in the exploration, discovery, development, production, and reclamation of gold properties, primarily in Brazil, China, Greece, Turkey, and Romania. It also explores for iron, silver, lead, zinc, and copper ores.

Royal Dutch Shell plc (ADR) (NYSE:RDS.A)’s shares gained 1.13% to $59.58.

In conformity with the Disclosure and Transparency Rules, we hereby notify the market of the following:

Royal Dutch Shell plc’s (RDS-A) capital comprises of 3,894,584,881 A shares and 2,440,410,614 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury.

The total number of A shares and B shares in issue is 6,334,995,495 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Royal Dutch Shell plc under the FSA’s Disclosure and Transparency Rules.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy. In addition, the company engages in manufacturing, supplying, and shipping crude oil; selling fuels, lubricants, bitumen, and liquefied petroleum gas (LPG) for home, transport, and industrial use; converting crude oil into a range of refined products, counting gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants, bitumen, sulphur, and LPG; producing and marketing petrochemicals, such as the raw materials for plastics, coatings, and detergents for industrial customers; and alternative energy business.

At the end of Tuesday’s trade, Amarin Corporation plc (ADR) (NASDAQ:AMRN)‘s shares dipped -0.65% to $2.30.

Amarin Corporation plc (ADR) (AMRN) declared financial results for the quarter ended March 31, 2015, and offered an update on company operations.

Key Amarin achievements since December 31, 2014 comprise:

  • R&D progress: REDUCE-IT cardiovascular outcomes study, designed to provide data to support a significantly expanded label for Vascepa, continued on plan for a protocol pre-specified interim efficacy look by the independent Data Monitoring Committee (DMC) in 2016 and, if not stopped early, for completion in 2017 and presentation/publication of results in 2018;
  • Revenue growth: Recognized $15.6 million in net product revenue from Vascepa sales in Q1 2015 contrast to $11.0 million in Q1 2014, an enhance of 42%;
  • Prescription growth: Raised normalized prescriptions, based upon data from Symphony Health Solutions, by 66% in Q1 2015 contrast to Q1 2014;

Amarin Corporation plc, a biopharmaceutical company, focuses on developing and commercializing therapeutics for the treatment of cardiovascular diseases in the United States.

Wendys Co (NASDAQ:WEN), ended its Tuesday’s trading session with -0.18% loss, and closed at $11.10.

Wendys Co (WEN) declared that one of its indirect, special purpose auxiliaries (the “Master Issuer”) has accomplished the sale of $875 million of its Series 2015-1 3.371% Fixed Rate Senior Secured Notes, Class A-2-I (the “Class A-2-I Notes”), $900 million of its Series 2015-1 4.080% Fixed Rate Senior Secured Notes, Class A-2-II (the “Class A-2-II Notes”), and $500 million of its Series 2015-1 4.497% Fixed Rate Senior Secured Notes, Class A-2-III (the “Class A-2-III Notes” and, together with the Class A-2-I Notes and the Class A-2-II Notes, the “Notes”). Interest payments on the Notes are payable on a quarterly basis. The legal final maturity date of the Notes is in June of 2045, but, unless earlier prepaid to the extent permitted under the indenture that governs the Notes, the anticipated repayment dates of the Class A-2-I Notes, the Class A-2-II Notes and the Class A-2-III Notes will be 4.25, 7 and 10 years, respectively. The Notes were issued by the Master Issuer in a privately placed securitization transaction.

The Master Issuer also reached a purchase agreement for the issuance of up to $150 million Series 2015-1 Class A-1 Notes, which will allow the Master Issuer to borrow amounts from time to time on a revolving basis.

The net proceeds from the sale of the Notes will be used for repayment of existing senior secured indebtedness, transaction costs associated with the refinancing, and general corporate purposes, counting the return of cash to shareholders.

The Wendy’s Company, through its auxiliaries, owns and franchises Wendy’s restaurant system. The company is involved in operating, developing, and franchising a system of quick-service restaurants. As of May 26, 2015, its restaurant system comprised of about 6,500 franchised and company-operated restaurants worldwide. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

 




Volume Active Trending Stocks- Eldorado Gold Corp (USA) (NYSE:EGO), Royal Dutch Shell plc (ADR) (NYSE:RDS.A), Amarin Corporation plc (ADR) (NASDAQ:AMRN), Wendys Co (NASDAQ:WEN)

Volume Active Trending Stocks- Eldorado Gold Corp (USA) (NYSE:EGO), Royal Dutch Shell plc (ADR) (NYSE:RDS.A), Amarin Corporation plc (ADR) (NASDAQ:AMRN), Wendys Co (NASDAQ:WEN)

On Tuesday, Eldorado Gold Corp (USA) (NYSE:EGO)’s shares inclined 1.68% to $4.85.

Eldorado Gold Corp (USA) (EGO) declare the completion of the Feasibility Study (“FS” or the “Study”) with its’ partner, Deva Gold S.A., for the 80.5%-owned Certej project (“Certej” or the “Project”) in Romania. The Study was led by an internal team with technical support offered by various Canadian and Romanian consultants. The Certej project is located in the southern part of the Apuseni Mountains in central Romania, about 12 kilometres north-east of the regional town of Deva in Hunedoara County.

The Study’s highlights comprise:

  • Generation of a post-tax internal rate of return (IRR) of 13% and a net present value (“NPV”) at a 5% discount rate of $229 million.
  • An open pit strip ratio of 2.96:1, mining a total of 44 million tonnes (Mt) of ore over the life of mine.
  • Estimated cash operating costs of $568/oz and all-in sustaining costs of $745/oz.
  • Initial capital estimate of $449 million and sustaining capital estimate of $203 million (counting closure).
  • Processing rate of ~8,000 tonnes per day (“tpd”) would produce an average of 140,000 oz Au and 830,000 oz Ag per year.
  • Confirmation of Pressure Oxidation (POX) for mineral processing; regarded as Best Accessible Technology.
  • Recoveries of 87.4% and 80% for gold and silver respectively.

Eldorado Gold Corporation, together with its auxiliaries, engages in the exploration, discovery, development, production, and reclamation of gold properties, primarily in Brazil, China, Greece, Turkey, and Romania. It also explores for iron, silver, lead, zinc, and copper ores.

Royal Dutch Shell plc (ADR) (NYSE:RDS.A)’s shares gained 1.13% to $59.58.

In conformity with the Disclosure and Transparency Rules, we hereby notify the market of the following:

Royal Dutch Shell plc’s (RDS-A) capital comprises of 3,894,584,881 A shares and 2,440,410,614 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury.

The total number of A shares and B shares in issue is 6,334,995,495 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Royal Dutch Shell plc under the FSA’s Disclosure and Transparency Rules.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy. In addition, the company engages in manufacturing, supplying, and shipping crude oil; selling fuels, lubricants, bitumen, and liquefied petroleum gas (LPG) for home, transport, and industrial use; converting crude oil into a range of refined products, counting gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants, bitumen, sulphur, and LPG; producing and marketing petrochemicals, such as the raw materials for plastics, coatings, and detergents for industrial customers; and alternative energy business.

At the end of Tuesday’s trade, Amarin Corporation plc (ADR) (NASDAQ:AMRN)‘s shares dipped -0.65% to $2.30.

Amarin Corporation plc (ADR) (AMRN) declared financial results for the quarter ended March 31, 2015, and offered an update on company operations.

Key Amarin achievements since December 31, 2014 comprise:

  • R&D progress: REDUCE-IT cardiovascular outcomes study, designed to provide data to support a significantly expanded label for Vascepa, continued on plan for a protocol pre-specified interim efficacy look by the independent Data Monitoring Committee (DMC) in 2016 and, if not stopped early, for completion in 2017 and presentation/publication of results in 2018;
  • Revenue growth: Recognized $15.6 million in net product revenue from Vascepa sales in Q1 2015 contrast to $11.0 million in Q1 2014, an enhance of 42%;
  • Prescription growth: Raised normalized prescriptions, based upon data from Symphony Health Solutions, by 66% in Q1 2015 contrast to Q1 2014;

Amarin Corporation plc, a biopharmaceutical company, focuses on developing and commercializing therapeutics for the treatment of cardiovascular diseases in the United States.

Wendys Co (NASDAQ:WEN), ended its Tuesday’s trading session with -0.18% loss, and closed at $11.10.

Wendys Co (WEN) declared that one of its indirect, special purpose auxiliaries (the “Master Issuer”) has accomplished the sale of $875 million of its Series 2015-1 3.371% Fixed Rate Senior Secured Notes, Class A-2-I (the “Class A-2-I Notes”), $900 million of its Series 2015-1 4.080% Fixed Rate Senior Secured Notes, Class A-2-II (the “Class A-2-II Notes”), and $500 million of its Series 2015-1 4.497% Fixed Rate Senior Secured Notes, Class A-2-III (the “Class A-2-III Notes” and, together with the Class A-2-I Notes and the Class A-2-II Notes, the “Notes”). Interest payments on the Notes are payable on a quarterly basis. The legal final maturity date of the Notes is in June of 2045, but, unless earlier prepaid to the extent permitted under the indenture that governs the Notes, the anticipated repayment dates of the Class A-2-I Notes, the Class A-2-II Notes and the Class A-2-III Notes will be 4.25, 7 and 10 years, respectively. The Notes were issued by the Master Issuer in a privately placed securitization transaction.

The Master Issuer also reached a purchase agreement for the issuance of up to $150 million Series 2015-1 Class A-1 Notes, which will allow the Master Issuer to borrow amounts from time to time on a revolving basis.

The net proceeds from the sale of the Notes will be used for repayment of existing senior secured indebtedness, transaction costs associated with the refinancing, and general corporate purposes, counting the return of cash to shareholders.

The Wendy’s Company, through its auxiliaries, owns and franchises Wendy’s restaurant system. The company is involved in operating, developing, and franchising a system of quick-service restaurants. As of May 26, 2015, its restaurant system comprised of about 6,500 franchised and company-operated restaurants worldwide. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

 




Active Stocks to Watch For: Bank of America Corporation, (NYSE:BAC), Exxon Mobil Corporation, (NYSE:XOM), KeyCorp., (NYSE:KEY)

Active Stocks to Watch For: Bank of America Corporation, (NYSE:BAC), Exxon Mobil Corporation, (NYSE:XOM), KeyCorp., (NYSE:KEY)

On Wednesday, Shares of Bank of America Corporation (NYSE:BAC), gained 1.18% to $17.22.

Ukraine’s Eurobonds dropped for a fourth day as Bank of America Merrill Lynch warned the nation is underestimating the repercussions of default and investors awaited the outcome of Tuesday’s debt talks in Washington, according to Bloomberg.

The country’s $2.6 billion of bonds maturing in July 2017 fell 0.97 cent to 47.53 cents on the dollar at 1:46 p.m. in Kiev, extending this week’s drop to 1.95 cents. The government might be shut out of international debt markets if it continues to take a hard line with creditors that leads to a debt moratorium, Bank of America Merrill Lynch economist Vadim Khramov wrote in a research report on Wednesday. Bloomberg Reports.

Ukraine has threatened to stop paying its international creditors if they don’t accept a proposal that comprises a writedown to the face value of about $19 billion of bonds. The two sides met with the International Monetary Fund yesterday to talk about the crisis lender’s latest economic forecasts for Ukraine. Restructuring negotiations may follow recently, Ukrainian government debt envoy Vitaliy Lisovenko said last week. Bloomberg added.

In other news, Bank of America, declared a redemption notice will be presented to the property trustee for Barnett Capital III, which will result in the redemption of all $63,805,000 aggregate liquidation amount outstanding of the Floating Rate Capital Securities of Barnett Capital III.

The redemption date for these securities will be July 27, 2015, and the cash redemption price to be paid on the redemption date will be $1,000 per capital security plus accrued and unpaid distributions thereon to the redemption date. Bank of America has received all necessary approvals for these redemptions.

Bank of America Corporation, through its auxiliaries, provides banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, large corporations, and governments worldwide. The company operates through Consumer & Business Banking; Consumer Real Estate Services; Global Wealth & Investment Administration; Global Banking; Global Markets; and Legacy Assets & Servicing segments.

Shares of Exxon Mobil Corporation (NYSE:XOM), declined -1% to $82.37, during its last trading session, hitting its lowest level, as oil prices fell due to an enhance in U.S. crude supplies for the first rise in more than two months, according to Reuters.

Oil prices plummeted nearly 60% from June 2014 to a six-year low in March as soaring production from the U.S. and other countries overwhelmed global demand. The swoon caught many oil traders, industry executives and policy makers off guard and rattled financial markets. WSJ Reports.

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, counting olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products.

Finally, KeyCorp. (NYSE:KEY), ended its last trade with 1.93% gain, and closed at $15.31.

SunEdison, Inc., declared that is has secured financing for and started construction on the Bingham Wind project in Maine. The 185-megawatt (MW) wind project is predictable to be the largest of its kind in the New England area of the U.S.

“The Bingham wind farm is our largest wind project in Maine, and once accomplished should bring our total wind-generation capacity in the state to 552 megawatts,” said Paul Gaynor, SunEdison executive vice president of the Americas and EMEA. “SunEdison has made a major commitment in Maine’s renewable energy future, and that commitment creates new local jobs and incremental tax revenues for the state, in addition to long term stable and competitive electricity prices for rate payers. Bingham is a fantastic example of how good policies can create great economic and environmental results.”

The financing facility for the combined wind farm and generator lead is for $360 million, and the total construction cost is $420 million. KeyBanc Capital Markets Inc. served as the joint lead arranger and KeyBank National Association (KEY) acted as administrative agent on the construction loan.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.