On Tuesday, Shares of LifeLock, Inc. (NYSE:LOCK), dipped -49.25% to $8.15, hitting its lowest level.
LifeLock recently issued the following statement:
“After more than 18 months of cooperation and dialogue with the FTC, it became clear to us that we could not come to a satisfactory resolution of their issues outside a court of law. We disagree with the substance of the FTC’s contentions and are prepared to take our case to court.
“LifeLock is proud of the valuable service we provide to our members. Quite simply, our members are our highest priority, and we work hard to protect them against threats to their identity. We assist our members by alerting them of potential identity threats and, if a member does become a victim of identity theft, our specialists step in. We spend up to $1 million to assist in remediation and recovery.
“Importantly the FTC is not seeking any relief that would change LifeLock services and products going forward. The claims raised by the FTC are all related to the past, not to current business practices.
“LifeLock takes the accuracy of our advertising materials very seriously. The alerting claims raised by the FTC did not result in any known identity theft for LifeLock members.
LifeLock, Inc. provides identity theft protection services for consumers; and consumer risk administration services for enterprises in the United States. It protects consumer subscribers through monitoring identity-related events, such as new account openings and credit-related applications; and enterprise customers through delivering on-demand identity risk, identity authentication, and credit information about consumers.
Shares of Peabody Energy Corporation (NYSE:BTU), inclined 6.19% to $1.20, during its last trading session, hitting its lowest level.
Peabody Energy Corporation confirms it has reached a sale and purchase agreement with Sekitan Resources Pty, Ltd., a wholly owned partner of Exergen Pty, Ltd., to sell Peabody’s Wilkie Creek Mine and other associated assets in Queensland’s Surat Basin.
The transaction has an aggregate value for Peabody of up to US$75 million counting cash of up to $20 million and assumption of liabilities totaling $55 million. The transaction also releases certain guarantees in place for reclamation activities. Closing is predictable in the third quarter of 2015, subject to satisfaction of certain conditions.
Peabody purchased Wilkie Creek in 2002, and the mine ceased operations in 2013.
Peabody Energy Corporation offers mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments.
Finally, Activision Blizzard, Inc. (NASDAQ:ATVI), ended its last trade with -0.61% loss, and closed at $26.09, hitting its highest level.
Activision Blizzard, intends to release its second quarter 2015 results after the close of the market on Tuesday, August 4, 2015. The stock has a 52-week high price of $26.45 and its 52-week low was recorded at $17.73 while during last trade, its minimum price was $26.08 and it gained the highest price of $26.45.
The company stated a quarterly performance of 13.15% and is selling off its 52-week low by 49.57% and reporting a dividend yield of 0.89% and a stated debt to equity ratio of 0.56.
Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.
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.
