On Wednesday, in the course of current trade, Shares of Rosetta Resources, Inc. (NASDAQ:ROSE), dropped -1.04%, and is now trading at $24.32.
Noble Energy, Inc. and Rosetta Resources Inc. declared a definitive merger agreement whereby Noble Energy will acquire all of the common stock of Rosetta in an all-stock transaction valued at $2.1 billion, plus the assumption of Rosetta’s net debt of $1.8 billion as of March 31, 2015.
Rosetta Resources Inc., an independent exploration and production company, acquires and develops onshore energy resources in the United States. It owns producing and non-producing oil, natural gas liquids (NGLs), and natural gas properties in proven or prospective basins that are primarily located in the Eagle Ford shale in South Texas and in the Permian Basin in West Texas.
During an Afternoon trade, Shares of Chimera Investment Corporation (NYSE:CIM), dipped -0.89%, and is now trading at $14.53.
Chimera Investment Corporation, declared its financial results for the first quarter of 2015 as follows:
1st Quarter 2015 Financial Highlights
- Average earning assets grew to $15.2 billion for the quarter ended March 31, 2015 from $10.0 billion in average assets for the year ended December 31, 2014 based on amortized cost
- Net income of $67 million, up from $6 million earned in the 4th quarter of 2014
- Core earnings of $0.59 per share compriseent with the 4th quarter of 2014(1)
- Net interest income of $183 million, up from $177 million in the 4th quarter of 2014
- GAAP book value of $17.14 per share, down from $17.55 per share for the 4th quarter of 2014
- Economic book value of $15.70 per share, down from $15.90 per share for the 4th quarter of 2014.
Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its auxiliaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes.
Shares of Flextronics International Ltd. (NASDAQ:FLEX), during its Wednesday’s current trading session gained 0.17%, and is now trading at $12.10.
Flextronics International, has been selected by NEXTracker for high volume manufacturing of its innovative Self-Powered Tracker (SPT) controllers. Through this partnership, Flextronics will manufacture the SPT control units at its advanced Milpitas production facility in the heart of Silicon Valley. Flextronics’ extensive manufacturing expertise, coupled with adherence to stringent, industry specific quality standards, will enable NEXTracker to execute a rapid commercial rollout of SPT.
NEXTracker’s technology is proven to be a cost-effective solution to maximize solar project returns. Advanced features address and overcome layout constraints, significantly reduce the number of foundations and steel, eliminate stress on the drive components by aligning modules with the axis of rotation and simplify AC wiring requirements.
Flextronics International Ltd. provides design, manufacturing, and supply chain services to original equipment manufacturers worldwide. The company offers innovation services, such as innovations labs that provide global functional leadership; innovation café, which provides joint partnership and development; LabIX, a startup accelerator program; and centers of excellence that comprises human machine interface, wireless and connectivity, sensors and actuators, power and battery administration, smart software, flexible technology, and computing and materials.
Finally, Huntsman Corporation (NYSE:HUN), gained 0.63% Wednesday.
Huntsman Corporation, declared that the company’s board of directors has declared a $0.125 per share cash dividend on its common stock.
The dividend is payable on June 30, 2015, to stockholders of record as of June 15, 2015.
Huntsman Corporation, together with its auxiliaries, manufactures and sells differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.
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