On Tuesday, Shares of CONSOL Energy Inc. (NYSE:CNX), gained 0.84% to $10.83.
CONSOL Energy, declared recently the closing of two separate asset sale transactions.
CONSOL Energy sold its 49% interest in the Western Allegheny Energy (WAE) joint venture to Rosebud Mining Company. The WAE transaction comprised the conveyance of 63 million tons of coal reserves. This transaction closed on September 30, 2015.
Separately, CONSOL Energy sold 6.7 million tons of lignite reserves located in South Texas to a private entity. This transaction closed on October 6, 2015.
Aggregate transaction-related proceeds of $101 million comprise: $95 million in cash, $2 million in the assumption of liabilities, and $4 million of advance minimum royalties paid under the terms of leases.
CONSOL Energy Inc. is an integrated energy company. The Company operates through two divisions: oil and gas exploration and production (E&P), and coal mining.
Shares of Magnum Hunter Resources Corp (NYSE:MHR), inclined 19.68% to $0.646, during its last trading session.
Magnum Hunter Resources, declared recently that the Board of Directors has designated Chris Hewitt as Vice President - Finance and Capital Markets effective September 15, 2015. Mr. Hewitt, age 45, will report directly to Gary C. Evans, Chairman and Chief Executive Officer of Magnum Hunter.
Mr. Hewitt brings more than 14 years of investment banking experience, counting 12 years providing equity and debt capital markets and mergers and acquisition advisory services for large independent oil and gas exploration and production companies. Mr. Hewitt has extensive experience in executing capital market transactions, counting initial public and follow-on equity offerings in addition to investment grade and high yield debt offerings. Before his appointment at Magnum Hunter, Mr. Hewitt served as Director of energy investment banking at Wells Fargo Securities since 2010. During his 9 year tenure at Wells Fargo Securities (formerly Wachovia Capital Markets) he also served as Vice President of energy investment banking. Before joining Wells Fargo / Wachovia, Mr. Hewitt served in various investment banking roles at both Lehman Brothers and Bear Stearns & Company. Mr. Hewitt earned a Bachelor of Arts degree in International Relations from the University of Notre Dame. In addition, Mr. Hewitt holds a Juris Doctorate from the University of Texas School of Law and a Masters of Business Administration from the Fuqua School of Business at Duke University.
Magnum Hunter Resources Corporation (Magnum Hunter), an independent oil and gas company, is engaged primarily in the exploration for and the exploitation, acquisition, development and production of natural gas and natural gas liquids (NGLs) resources in the United States.
Shares of ARRIS Group, Inc. (NASDAQ:ARRS), inclined 0.36% to $27.50, during its last trading session.
ARRIS Group, declared that its projected acquisition of Pace plc (PIC.L) received unconditional merger clearance from the Portuguese Competition Authority. This clearance follows pre-conditional clearance in Germany and South Africa. ARRIS has now obtained clearance in response to three of its six antitrust-related filings in connection with the combination.
ARRIS Group, Inc. provides media entertainment and data communications solutions in the United States and internationally. The company operates in two segments, Customer Premises Equipment and Network & Cloud.
Finally, Skechers USA Inc (NYSE:SKX), ended its last trade with -3.90% loss, and closed at $127.56.
Skechers Performance, a division of SKECHERS USA, Inc. (SKX), is thrilled to declare its 2015 partnership with the American Cancer Society to assist in the fight to end breast cancer. For the second year in a row, Skechers Performance will launch a month-long marketing program that comprises in-store, digital and print executions, in addition to the sponsorship of the American Cancer Society Making Strides Against Breast Cancer® walk in San Francisco. To commemorate the partnership, Skechers Performance is releasing a limited edition “Resistance” footwear collection marked with the iconic breast cancer awareness pink ribbon and a limited-edition performance apparel line which will be available in SKECHERS retail stores and online late September 2015.
The Skechers Performance “Resistance” footwear collection comprises the Skechers GOrun 4, GOrun Ride 4, GOwalk 3, GOwalk 2 Flash and a boat shoe from Skechers on-the-GO. The 2015 designs incorporate a black, white and charcoal color pallet with the classic pink hue weaved in. Each style also features the pink ribbon detailing on the heel. The performance apparel comprises everything you need to get active, with items counting the Endurance Seamless Tank, Never Stop Legging, Keep Going Sports Bra and the Hopeful Jacket to name a few. The line is available at SKECHERS retail stores, Skechers.com and at select SKECHERS retail partners through October.
SKECHERS will also launch a register round-up program in participating domestic SKECHERS retail stores to offer customers the opportunity to support the American Cancer by allowing customers to round up their purchase of any item(s) made to the nearest whole dollar to benefit the Making Strides initiative. For the first time, SKECHERS will also launch the register round-up program on e-commerce, allowing customers to similarly round up their final purchase at check out on Skechers.com. The program will launch in stores and online October 1st and run through October 31st.
Skechers U.Skechers U.S.A., Inc. is a designer and marketer of Skechers-branded lifestyle footwear for men, women and children, and performance footwear for men and women under the Skechers GO brand name.
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