On Wednesday, Shares of Civeo Corp (NYSE:CVEO), lost -1.00% to $3.95.
Civeo, declared that, at its 2015 Annual Meeting of Stockholders held earlier, Civeo stockholders approved the proposal to allow the Company to migrate to Canada. More than 99% of shares voting on the transaction were voted in favor of the migration.
As formerly declared, Civeo anticipates to execute the migration through a “self-directed redomiciling” of the Company. The Company anticipates to complete the migration in the second or third quarter of 2015.
Civeo Corporation provides remote site accommodations for the natural resource industry in Australia, Canada, and the United States.
Shares of Automatic Data Processing (NASDAQ:ADP), inclined 0.57% to $ 85.91, during its last trading session.
Automatic Data Processing, declared that it has further transformed the experience users have when interacting with its cloud HCM solutions by significantly enhancing ADP Vantage HCM®, making it even more intuitive, visual, engaging and contextual.
The solution’s new design assists transform traditionally cumbersome HR processes to give all users a simple and personalized experience as they manage their teams, work plans, benefits choices, pay, and careers. It employs contextual user experience methods to deliver meaningful, needed data at the right time and in the right place.
Automatic Data Processing, Inc., together with its auxiliaries, provides technology-based outsourcing solutions to employers worldwide. The company operates through Employer Services and Professional Employer Organization (PEO) Services segments.
At the end of Wednesday’s trade, Shares of American Homes 4 Rent (NYSE:AMH), lost -0.12% to $ 16.73.
American Homes 4 Rent, posted the revised “Home Price Appreciation Factor” and “Home Price Appreciation Amount” through March 31, 2015, as those terms are defined in the final prospectuses for the Company’s 5% Series A, 5% Series B and 5.5% Series C Participating Preferred Shares (NYSE: AMHPRA, AMHPRB and AMHPRC). The computations of these amounts are based on the results of the House Price Index of the Federal Housing Finance Agency, or FHFA, known as the Quarterly Purchase-Only Index, or POI, specifically the non-seasonally adjusted “Purchase-Only Index” for the “100 Largest Metropolitan Statistical Areas” as of March 31, 2015, which was released May 26, 2015.
Based on the weighting among our top 20 markets established under the terms of our 5% Series A and 5% Series B Participating Preferred Shares, cumulative home price appreciation for the period from June 30, 2013 to March 31, 2015 was 9.71%, resulting in a Home Price Appreciation Factor of 4.85%. The Home Price Appreciation Amount on our 5% Series A and 5% Series B Participating Preferred Shares through March 31, 2015 was $1.213.
American Homes 4 Rent is a real estate investment trust. The firm engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the United States. American Homes 4 Rent was founded in 2012 and is based in Malibu, California.
Finally, Qihoo 360 Technology Co Ltd (NYSE:QIHU), ended its last trade with 0.05% gain, and closed at $ 54.74.
Qihoo 360 Technology Co Ltd, declared it has reached a contract with Coolpad Group Limited (2369.HK) to enhance its ownership stake in the COOLPAD E-COMMERCE INC., the joint venture established by the Company and Coolpad in April 2015, to 49.5% by purchasing 4.5% shares in the JV from Cooldpad in the total consideration of $45 million.
Mr. Hongyi Zhou, Chairman and Chief Executive Officer of Qihoo 360, commented, “We are very excited to enhance our ownership position in the Coolpad JV which underscores our raised confidence in the future of this JV. The two parties have worked closely together since earlier this year and we are happy with the progress we have made. We believe the Coolpad JV is a key element to our long term mobile strategy and will assist us build a stronger mobile ecosystem in the future.
Qihoo 360 Technology Co. Ltd., through its auxiliaries, provides Internet services in the People’s Republic of China. The company operates through Internet Services and Others segments.
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