On Monday, Following U.S. Stocks were among the “Top Gainers”: Humana Inc. (NYSE:HUM), Midstates Petroleum Company, Inc. (NYSE:MPO), Media General, Inc. (NYSE:MEG), Illumina Inc. (NASDAQ:ILMN)
Humana Inc. (NYSE:HUM), with shares inclined 4.69%, closed at $174.31, hitting new 52-week high of $175.30.
Midstates Petroleum Company, Inc. (NYSE:MPO), with shares jumped 4.57%, settled at $0.80.
Media General, Inc. (NYSE:MEG), with shares climbed 4.56%, and closed at $16.75.
Illumina Inc. (NASDAQ:ILMN), surged 4.52%, and closed at $196.72.
Latest NEWS regarding these Stocks are depicted underneath:
Humana Inc. (NYSE:HUM)
Humana Inc. (HUM), declared that it has accomplished the $500 million accelerated share repurchase program declared on November 7, 2014. Under the terms of the program, the corporation repurchased a total of about 3,419,700 shares at an average price of $146.21 per share.
The accelerated share repurchase program was accomplished as part of the corporation’s current $2 billion share repurchase authorization, and represents meaningful progress toward the corporation’s expectation of repurchasing $1 billion of its outstanding shares no later than June 30, 2015, as declared on September 16, 2014. As of March 13, 2015, about $365 million of that $1 billion repurchase expectation and about $1.365 billion of the total $2 billion authorization were remaining.
Humana Inc., together with its auxiliaries, operates as a health and well-being corporation. The corporation operates through three segments: Retail, Employer Group, and Healthcare Services.
Midstates Petroleum Company, Inc. (NYSE:MPO)
On Monday, Midstates Petroleum Corporation, Inc. (MPO), declared its financial and operating results for the three months and full year ended December 31, 2014 in addition to year-end 2014 proved reserves and related costs, and revealed its 2015 guidance for capital expenditures, production and Adjusted EBITDA.
Midstates grew its year-end 2014 estimated proved reserves to 153.7 MMBoe, up 20% from 127.8 MMBoe at year-end 2013. Midstates’ reserves were fully engineered by its third-party reserve engineers.
Year-end 2014 reserves were comprised of 38% oil, 21% natural gas liquids (NGL), and 41% natural gas. Of the total reserves, 48% are proved developed. Geographically, 90% are in the Mississippian (which comprises the Mississippian Lime and Hunton properties in Oklahoma), 8% are in the Anadarko Basin in Oklahoma and Texas, and the balance of 2% is in the Gulf Coast in Louisiana. Midstates operates 92% of its proved reserves.
During 2014, extensions, discoveries and other additions added 77.0 MMBoe, reflecting organic reserve replacement of 657% of 2014 production of 11.7 MMBoe. The strongest organic reserve growth was from the Mississippian Lime operations, where 76.5 MMBoe of new reserves were added. In early 2014, Midstates sold its Pine Prairie assets in Louisiana with total proved reserves of 16.5 MMBoe.
In March, Midstates executed a PSA for the sale of its remaining Louisiana producing properties in the Dequincy area, for total consideration of $44 million, subject to customary purchase price adjustments. The PSA comprises Midstates’ ownership interest in developed and undeveloped acreage totaling about 12,700 net mineral acres in the Dequincy area. At year-end 2014, the properties produced about 1,300 Boe per day. The transaction does not comprise Midstates’ acreage and interests in the Fleetwood area of Louisiana. The net proceeds from the sale will be used to pay down a portion of the outstanding borrowings under the Corporation’s revolving credit facility and for general corporate purposes. The transaction has an effective date of March 1, 2015 and is predictable to close on or before April 30, 2015, subject to customary closing conditions.
Midstates Petroleum Corporation, Inc. is engaged in the exploration, development, and production of oil, natural gas liquids, and natural gas in the United States. It primarily focused on oilfields in the Mississippian Lime trend in northwestern Oklahoma; the Anadarko Basin in Texas and Oklahoma; and the Upper Gulf Coast Tertiary trend in central Louisiana. The corporation was founded in 1993 and is headquartered in Houston, Texas.
Media General, Inc. (NYSE:MEG)
Formerly on March 11, Media General, Inc. (MEG), declared that Richard Levine has been designated Head of Distribution.
Mr. Levine is an accomplished television distribution executive who specializes in contract negotiations; content creation, attainment and distribution; planned planning and new business development through partnerships and other proceed generating opportunities.
Media General is one of the nation’s largest cross-screen, multimedia companies that operates or services 71 television stations in 48 markets together with the industry’s leading digital media business.
Illumina Inc. (NASDAQ:ILMN)
On Monday, Illumina Inc. (ILMN), declared that it and its wholly-owned partner, Verinata Health Inc., have filed a patent infringement suit against Premaitha Health plc in the High Court of Justice, Chancery Division, Patents Court in the United Kingdom. Illumina is seeking all accessible remedies, counting damages and injunctive relief.
The patents asserted are European Patent (UK) 0 994 963 B2 and European Patent (UK) 1 981 995 B1, which are exclusively licensed to Illumina from Sequenom, Inc. and The Board of Trustees of Leland Stanford Junior University, respectively. Stanford is joined in the suit as a necessary part because it is the registered owner of the European Patent (UK) 1 981 995 B1. The patents are directed to using cell-free fetal DNA for non-invasive prenatal testing (NIPT). The suit accuses Premaitha’s IONA® Test of infringement, counting its use of next-generation sequencing to analyze cell-free fetal DNA from a sample of maternal blood.
Illumina, Inc. provides sequencing and array-based solutions for genetic analysis in North America, Europe, Latin America, the Asia-Pacific, the Middle East, and South Africa.
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