During Wednesday’s Current trade, Shares of WEC Energy Group Inc (NYSE:WEC), lost -0.15% to $47.80.
Wisconsin Energy Corporation declared it has accomplished the acquisition of Integrys Energy – forming the WEC Energy Group (WEC) and reiterated its dividend declaration to shareholders.
On June 12, the board declared a pro rata dividend of $0.00459239 a share per day that accrued from May 15, 2015, through June 28, 2015, one day prior to the closing of the acquisition. This pro rata dividend – which covers 45 days — is the daily equivalent of the current quarterly dividend rate of $0.4225 a share.
As a result, Wisconsin Energy shareholders of record on June 28 will receive a payment of $0.20665755 a share, payable within the next 10 days.
The board had also declared a pro rata dividend of $0.00497283 a share per day (the daily equivalent of $0.4575 per quarter) that will accrue from June 29 through Aug. 14, 2015, which is Wisconsin Energy’s normal record date. This pro rata dividend will be paid on Sept. 1, 2015, to Wisconsin Energy shareholders of record on Aug. 14, 2015.
Wisconsin Energy Corporation, through its auxiliaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass. The company provides electric utility services to customers in the paper, foundry, food products, and machinery production industries, in addition to the retail chains. It also provides retail gas distribution services in the state of Wisconsin, in addition to transports customer-owned gas to paper, food products, and fabricated metal products industries; and generates, distributes, and sells steam. As of December 31, 2014, the company serves about 1,133,600 electric customers in Wisconsin and the Upper Peninsula of Michigan; and about 1,089,000 gas customers in Wisconsin, in addition to 440 steam customers in metropolitan Milwaukee, Wisconsin .
Shares of Comstock Resources Inc (NYSE:CRK), declined -7.59% to $2.13, during its current trading session.
Comstock Resources, Inc. (CRK) declared that it has reached a definitive purchase and sale agreement with a private company to sell Comstock`s oil and gas properties in and around Burleson County, Texas for a sale price of about $115.0 million, subject to customary adjustments. The sale, which is subject to customary closing conditions, is predictable to close in July 2015 and will have an effective date of May 1, 2015. Comstock intends to use the proceeds from the sale to fund its 2015 drilling program and to enhance the Company`s liquidity in addition to for other corporate purposes.
The properties being sold are producing about 1,900 barrels of oil per day and 5.5 million cubic feet (“MMcf”) per day of natural gas. At December 31, 2014, Comstock`s proved reserves comprised of about 3.7 million barrels of oil and 3.9 billion cubic feet of natural gas related to the interests being sold. The Company anticipates to realize a pre-tax loss on the divestiture ranging from $100.0 to $110.0 million. Taking the divestiture into account, Comstock revised its 2015 oil production guidance to 9,000 to 9,500 barrels per day and its natural gas production guidance to 125 to 150 MMcf per day. Additionally, the Company declared that it has recently added about 10 MMcf per day of natural gas hedges at $3.20 per MMcf for the twelve months starting on July 1, 2015. The Company presently intends to continue to add additional hedges as opportunities develop.
Comstock Resources, Inc., an independent energy company, acquires, develops, explores, and produces oil and natural gas properties in the United States. Its oil and gas operations are primarily located in East Texas/North Louisiana and South Texas. The company owns interests in 1,596 producing oil and natural gas wells. As of December 31, 2014, it had proved reserves of 620 billion cubic feet of natural gas equivalent. The company was founded in 1919 and is headquartered in Frisco, Texas.
Apollo Education Group Inc (NASDAQ:APOL), during its Wednesday’s current trading session decreased -3.90% to $12.56.
Carnegie Learning, Inc., a partner of Apollo Education Group, Inc. (APOL), declared that its sixth annual Teaching Excellence Institute (TEI) will take place July 7–10, 2015, in Fort Lauderdale, Fla. Mathematics educators from across the United States will join the Carnegie Learning team for professional development designed to deepen their understanding of mathematics, offer new strategies to use in the classroom and assist them to improve student outcomes.
TEI is a rigorous four-day professional learning experience for K-12 mathematics educators and leaders designed to provide participants with relevant math content knowledge, research-based best practices, and a network of colleagues from across the country.
Apollo Education Group, Inc. provides private education services. It offers online and on-campus undergraduate, graduate, professional development, and other non-degree educational programs and services primarily to working learners in the United States and internationally. The company operates in University of Phoenix, Apollo Global, and Other segments.
Finally, iKang Healthcare Group Inc (ADR) (NASDAQ:KANG), decreased -0.61%, to $15.53.
iKang Healthcare Group, Inc. (KANG), China’s largest private preventive healthcare services provider, recently declared that it has formed a joint venture (“Joint Venture”) with former shareholders of Yinchuan Ciming Clinic Co., Ltd. (“Yinchuan Ciming” or “Yinchuan Ciming Medical Center”). Yinchuan Ciming was franchised from Ciming Checkup Group, the third largest private preventive healthcare services provider in China. iKang now owns 70% equity in the Joint Venture, which itself controls 100% ownership of Yinchuan Ciming. Yinchuan Ciming is the largest private preventive healthcare services provider in Yinchuan and has been renamed to Yinchuan iKang. Yinchuan is the capital city of Ningxia Hui Autonomous Region in China.
This acquisition has particular planned significance for iKang as it will act as a beacon to attract more high-quality Ciming franchises to join iKang. Yinchuan Ciming Medical Center ranked among the top Ciming franchises in 2014 in terms of revenue. In November 2014, iKang attained three medical centers that were franchised from Ciming Checkup Group in the city of Shenyang. This acquisition marks the second time that a Cim
iKang Healthcare Group, Inc., together with its auxiliaries, provides preventive healthcare solutions in the People’s Republic of China. The company offers a range of medical examinations, which comprise internal, gynecology, ophthalmology, ENT, dental, lab tests, electrocardiogram, ultrasound, and X-ray examination items. It also provides value-added services at selected medical centers, such as disease screening focusing on cancer screening, cardiovascular disease screening, chronic disease screening, and functional medicine testing; dental care, counting oral health, pediatric dentistry, cosmetic dentistry, orthodontics, and dental implants; outpatient services comprising acupuncture, Chinese medicine, gynecology, internal medicine, obstetrics, ophthalmology, pediatrics, urology, and minor surgery; and on-site healthcare administration or clinical services. In addition, the company offers relaxation and recreation services.
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