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Tuesday 11 August 2015
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Active Stocks in the News: Plains GP Holdings LP (NYSE:PAGP), Baxalta Inc (NYSE:BXLT), Dunkin Brands Group Inc (NASDAQ:DNKN)

On Thursday, Shares of Plains GP Holdings LP (NYSE:PAGP), lost -0.43% to $18.65.

Plains All American Pipeline and Plains GP Holdings, declared several executive promotions at PAA. John Keffer and Sam Brown have each been promoted to the positions of Senior Vice President, and Jeremy Goebel and James Pinchback have each been promoted to the positions of Vice President.

“I am very happy to declare these well-deserved promotions. These are all very talented and driven professionals that have each contributed significantly to PAA’s success and overall growth,” said Greg L. Armstrong, Chairman, and CEO. “In addition to recognizing their noteworthy contributions and strong leadership capabilities, these promotions also set the stage for advancement of other leaders throughout our organization consistent with our established administration development and succession plans.”

Plains GP Holdings, L.P., through its interest in Plains AAP, L.P., owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids, natural gas, and refined products in the United States and Canada.

Shares of Baxalta Inc (NYSE:BXLT), inclined 0.24% to $37.39, during its last trading session.

Baxalta Incorporated has been notified of an unsolicited “mini-tender” offer by TRC Capital Corporation (TRC) to purchase up to 3 million shares, or about 0.44 percent, of Baxalta’s outstanding common stock at a price of $35.45 per share in cash. The offer price was 4.45 percent below the $37.10 closing price of Baxalta’s common stock on August 4, 2015, the day preceding to the offer. TRC communicated that their offer is subject to a number of conditions, counting TRC’s ability to obtain financing necessary to consummate the offer.

Baxalta does not endorse TRC’s mini-tender offer and recommends that shareholders do not tender their shares. Baxalta is not associated with this offer and urges shareholders to obtain current market quotations for their shares, consult with their financial advisors, review the conditions to the offer and exercise caution.

Baxalta Incorporated, a biopharmaceutical company, develops, manufactures, and markets a portfolio of products primarily for the treatment of hematology and immunology worldwide.

Finally, Dunkin Brands Group Inc (NASDAQ:DNKN), ended its last trade with -1.16% loss, and closed at $53.72.

Baskin-Robbins, the world’s largest chain of ice cream specialty shops, is keeping guests cool this summer with its August Flavor of the Month, OREO Malt Madness. This new flavor is a delicious combination of traditional chocolate malt-flavored ice cream, loaded with OREO cookie pieces and a chocolate sea salt cookie flavored ribbon. OREO Malt Madness can be enjoyed in a cup, cone or as a milkshake. To make things even sweeter this month, guests can upgrade any double scoop purchase with a freshly-baked waffle cone for no extra charge.

“At Baskin-Robbins, we’re always looking for ways to put our own unique and innovative spin on traditional flavors, and our new OREO Malt Madness offers a delicious new take on the classic chocolate malt,” said Jeff Miller, Executive Chef and Vice President of Product Innovation at Dunkin’ Brands. “Summer is the perfect time to enjoy ice cream with family and friends and we’re assisting our guests stay cool not only with fun ice cream flavors, but with sweet deals like our ‘Celebrate 31′ promotion on August 31.”

Baskin-Robbins is part of the Dunkin’ Brands Group, Inc. (DNKN) family of companies.

Dunkin Brands Group, Inc., together with its auxiliaries, develops, franchises, and licenses quick service restaurants under the Dunkin Donuts and Baskin-Robbins brands worldwide.

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