On Tuesday, Shares of Parsley Energy Inc (NYSE:PE), gained 2.71% to $ 17.83.
Parsley Energy, declared that the Company will take part in the 2015 RBC Capital Markets’ Global Energy and Power Executive Conference in New York City. In conjunction with the conference, an updated investor presentation will be posted to the Investor Relations section of Parsley’s website under Events and Presentations.
Parsley Energy, an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico.
Shares of Royal Bank of Canada (NYSE:RY), inclined 1.35% to $ 63.75, during its last trading session.
Quebec’s economy should turn the page on the mixed economic performance so far this year with broader sectoral strength predictable to drive growth in the months ahead, according to the latest Provincial Outlook issued recently by RBC Economics. RBC projects real GDP growth in Quebec to pick up from 1.4 per cent in 2014 to 1.8 per cent in 2015, and 2.0 per cent in 2016.
“Earlier this year, we saw some softness in Quebec’s domestic economic activity. At the same time, exporters continued to enjoy success, piggy-backing on the impressive gains made last year,” said Craig Wright , senior vice-president and chief economist, RBC. “We expect provincial performance to be slightly more balanced in the latter half of 2015 with the recent uptick in job gains - which sets the stage for a boost confidence - in addition to the positive effects of lower oil prices and a more competitive Canadian dollar.”
Royal Bank of Canada, together with its auxiliaries, operates as a diversified financial service company worldwide. The company operates through five segments: Personal & Commercial Banking, Wealth Administration, Insurance, Investor & Treasury Services, and Capital Markets.
At the end of Tuesday’s trade, Shares of Tuniu Corp. (NASDAQ:TOUR), lost -3.27% to $ 15.97.
Tuniu, declared the appointment of Mr. Haoyu Shen and Ms. Cindy Chen as directors to the Company’s board of directors. The appointment of Mr. Shen and Ms. Chen is in connection with
the US$500 million private placement the Company declared on May 8, 2015 and they replace Mr. Thomas Gai Tei Tsao and Mr. Eugene Chehchun Huang, who have resigned from the board.
Mr. Haoyu Shen presently serves as the chief executive officer of JD Mall, the B2C business group of JD.com JD. Preceding to assuming his current role in April 2014, Mr. Shen served as the chief operating officer of JD.com from August 2011 to April 2014, and was in charge of JD.com’s entire supply chain administration and customer service functions. Preceding to joining JD.com, Mr. Shen worked at Baidu, Inc., the leading Chinese language internet search provider, where he served as a senior vice president from January 2010 to July 2011 and the vice president of business operations from July 2007 to July 2010. Mr. Shen holds a bachelor’s degree in international finance from the People’s University of China in Beijing and an MBA degree from the University of Iowa. Mr. Shen is a CFA charterholder. Mr. Shen was also designated to serve on the compensation committee of the board.
Tuniu Corporation provides online leisure travel services in China. It offers packaged tours counting organized tours and self-guided tours, and travel-related services for leisure travelers covering various 140 countries, in addition to various popular tourist attractions in China.
Finally, Wisconsin Energy Corp. (NYSE:WEC), ended its last trade with -1.86% loss, and close at $ 47.45.
The Public Service Commission of Wisconsin gave formal written approval to the acquisition of Integrys Energy Group, by Wisconsin Energy. The companies declared the projected acquisition in June of 2014.
All required federal approvals have been received, and shareholders for both companies approved the transaction in November 2014. With the approval by the Public Service Commission of Wisconsin recently and the Michigan Public Service Commission last month, only Illinois and Minnesota state approvals remain outstanding. If all regulatory approvals are received, close of the transaction is anticipated by the end of the summer.
Wisconsin Energy Corporation, through its auxiliaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy.
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