On Wednesday, Shares of Southwest Airlines Co. (NYSE:LUV), lost -1.42% to $32.62.
On June 25, Avis Budget Group, Inc. declared that it has reached an expanded, new multi-year partnership marketing agreement with Southwest Airlines (LUV) which will enable the Company to promote Avis Car Rental, Budget Car Rental and Payless Car Rental offers, products and services to Southwest customers. Southwest Airlines flies more than 100 million passengers per year, and Avis Budget Group provides travelers with more than 100 million vehicle rental days per year.
As part of the new agreement, Avis, Budget and Payless will have advertising placement on the Southwest Airlines website in addition to merchandising placement throughout the airline reservation process. The car rental brands will also be featured on airline confirmation pages and pre-trip emails to customers. Special car rental discount offers, such as bonus Rapid Rewards(R) credits for accomplished rentals will also be presented on southwest.com.
Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft.
Shares of Whiting Petroleum Corp. (NYSE:WLL), declined -6.25% to $31.50, during its last trading session.
Whiting Petroleum Corporation, declared the results of its offer to exchange all of its outstanding, unregistered 6.25% Senior Notes due 2023 issued March 27, 2015, for new, registered 6.25% Senior Notes due 2023. Whiting has been advised by The Bank of New York Mellon Trust Company, N.A., the exchange agent for the Exchange Offer, that, as of 5:00 p.m., New York City time, July 1, 2015 (the “Expiration Date”), holders of 99.9% of the $750 million aggregate principal amount of Original Notes (not taking into account Original Notes tendered by guaranteed delivery) had validly tendered following the terms of the Exchange Offer. The settlement date for the Exchange Offer is predictable to occur on July 8, 2015.
Under the terms of the Exchange Offer, eligible holders of the Original Notes who had validly tendered at or before the Expiration Date will receive, for each $1,000 principal amount of the Original Notes tendered, $1,000 principal amount of the New Notes, offered that such Original Notes tendered in the Exchange Offer were in minimum denominations of $2,000 principal amount and any integral multiples of $1,000 in excess thereof.
Whiting Petroleum Corporation, an independent oil and gas company, acquires, explores, develops, and produces crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States.
Finally, PulteGroup, Inc. (NYSE:PHM), ended its last trade with 1.39% gain, and closed at $20.43.
Del Webb is a national brand of PulteGroup, Inc. (PHM). Del Webb is the pioneer in active adult communities and America’s leading builder of new homes targeted to pre-retirement and retiring boomers.
Del Webb communities are among the country’s 50 best master planned communities for boomers as selected by Where to Retire Magazine. Del Webb has four communities on the list this year, and has been recognized 58 times in the nine years the biennial list has been issued by the publication.
Where to Retire reveals “The Short List: 50 Best Master-Planned Communities in the United States,” in its newly released July/August issue. Del Webb communities on the list are: Sun City Anthem at Merrill Ranch and Sun City Festival in Arizona; Stone Creek by Del Webb in Florida; and Sun City Peachtree by Del Webb In Georgia.
PulteGroup, Inc., through its auxiliaries, engages in the homebuilding business; mortgage banking operations; and title operations in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on land.
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.
