On Friday, Shares of Palo Alto Networks Inc (NYSE:PANW), gained 3.47% to $180.87.
Palo Alto Networks Inc, declared that Palo Alto Networks has joined the R-CISC community through the R-CISC Associate Member Program for cybersecurity industry leaders as its first platinum member.
The mission of the R-CISC is to create a trusted environment that facilitates threat intelligence and information sharing among global retailers, improved by incorporating insightful research and timely threat feeds from leading cybersecurity industry experts participating in its Associate Member Program. The Associate Member Program allows for the R-CISC’s retailer and commercial services member organizations to collaborate and share threat intelligence and critical cybersecurity information in real time with the industry’s leading security solutions providers.
Palo Alto Networks, Inc. provides enterprise security platform to enterprises, service providers, and government entities worldwide. Its platform comprises Next-Generation Firewall that delivers application, user, and content visibility and control, in addition to protection against network-based cyber threats; and Threat Intelligence Cloud that offers central intelligence capabilities, in addition to automated delivery of preventative measures against cyber attacks.
Shares of Ventas, Inc. (NYSE:VTR), inclined 0.72% to $64.55, during its last trading session.
Ventas, declared that it has priced a public offering of $500 million aggregate principal amount of 4.125% Senior Notes due 2026 at 99.218% of principal amount. The Notes are being issued by the Company’s operating partnership, Ventas Realty, Limited Partnership, and will be guaranteed, on a senior unsecured basis, by the Company. The sale of the Notes is predictable to close on July 16, 2015, subject to customary closing conditions.
The Company anticipates to use the net proceeds from the offering for working capital and other general corporate purposes, counting to fund pending or future acquisitions and investments.
Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, administration, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada.
At the end of Friday’s trade, Shares of Vantage Drilling Company (NYSEMKT:VTG), lost -0.63% to $0.159.
Vantage Drilling Company, challenged reports alleging that the arrest of a former Petrobras International Director was tied in some way to the Company’s contract with Petrobras for the Titanium Explorer. “Several hundred contracts were signed by this former Director, which in Vantage’s case, was after the parent board of Petrobras had approved the contract,” said Paul Bragg, Chairman and CEO of Vantage. Vantage is fully performing under the contract and found no evidence that would substantiate any allegation of improper activity by Vantage in connection with the award of the contract.
Paul Bragg additionally commented, “Vantage has always been committed to conducting itself in accordance with the highest standards of business ethics. We do not believe that any inappropriate act was committed by any personnel associated with Vantage. Although we are disappointed that recent news reports have suggested that a former Petrobras International Director was arrested on the suspicion of some form of wrongdoing associated with Vantage, in addition to with other companies contracted to Petrobras, we are confident that any suggestion is without merit as it relates to Vantage.”
Vantage Drilling Company, through its auxiliaries, provides offshore contract drilling services in the United States and internationally. It offers drilling units, related equipment, and work crews under contract to drill oil and natural gas wells.
Finally, Realty Income Corp (NYSE:O), ended its last trade with 0.89% gain, and close at $46.36.
Realty Income Corp, declared that the company has closed a new $2.25 billion unsecured credit facility to replace its previous $1.5 billion unsecured credit facility. The new credit facility is comprised of a $2.0 billion unsecured revolving credit facility and a $250 million five-year unsecured term loan.
Under the terms of the new revolving credit facility, total funds accessible are $2.0 billion, plus an additional $1.0 billion accordion expansion feature. The initial term of the new revolving credit facility is four years maturing in June 2019, plus two six-month extensions that can be exercised at the company’s option. Under the new revolving credit facility, the company’s current BBB+/Baa1 credit ratings provide for a borrowing rate of LIBOR (London Interbank Offered Rate) plus 90 basis points with a facility commitment fee of 15 basis points, for all-in drawn pricing of 105 basis points over LIBOR as compared to all-in drawn pricing of 125 basis points over LIBOR under the previous facility.
Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California.
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