During Wednesday’s Current trade, Shares of Murphy Oil Corporation (NYSE:MUR), lost -1.10% to $40.55.
Murphy Oil Corporation (MUR) declared that it has reached a variable term, capped accelerated share repurchase transaction (the “ASR”) with Wells Fargo Bank, National Association, to repurchase an aggregate of $250 million of the Company`s common stock. The ASR is part of the board authorized program declared on August 6, 2014, to repurchase up to $500 million of the Company`s stock. The total aggregate number of shares of Company common stock to be repurchased following the ASR will be determined by reference to the Rule 10b-18 volume-weighted price of the Company`s common stock, less a fixed discount, over the term of the ASR, subject to a minimum number of shares. The ASR is predictable to be accomplished no later than about three months following execution. All shares of the Company`s common stock delivered under the ASR will be right away stepped down or converted to treasury shares.
Murphy Oil Corporation operates as an oil and gas exploration and production company worldwide. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. Murphy Oil Corporation was founded in 1950 and is headquartered in El Dorado, Arkansas.
Shares of New York Community Bancorp, Inc. (NYSE:NYCB), declined -1.15% to $18.06, during its current trading session.
New York Community Bancorp, Inc. (NYCB) declared that it anticipates to issue its earnings release for the three and six months ended June 30, 2015 at about 7:00 a.m. Eastern Daylight Time (EDT) on Wednesday, July 22, 2015. The release will be posted to the Company’s website, ir.myNYCB.com, upon issuance.
The Company will conduct a post-earnings conference call at 8:30 a.m. (EDT) on the same date, during which President and Chief Executive Officer Joseph R. Ficalora will talk about highlights of the Company’s second quarter 2015 performance, in addition to its business strategies. The conference call will be simultaneously webcast at ir.myNYCB.com and archived through 5:00 p.m. on August 19, 2015.
New York Community Bancorp, Inc. operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in New York, New Jersey, Florida, Ohio, and Arizona. The company offers various deposit products that comprise checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts.
Susquehanna Bancshares Inc (NASDAQ:SUSQ), during its Wednesday’s current trading session decreased -0.07% to $14.20.
BB&T Corporation (BBT) declared it has received regulatory approval from the Federal Reserve, the FDIC and all required state regulators to acquire Susquehanna Bancshares, Inc. (SUSQ). The transaction closing is predictable to be effective Aug. 1, 2015, and systems conversion is predictable during the fourth quarter 2015.
Susquehanna Bancshares, Inc. operates as the bank holding company for Susquehanna Bank that provides a range of retail and commercial banking, and financial products and services in the mid-Atlantic region. The company offers retail banking services, counting checking, savings and club accounts, check cards, debit cards, money market accounts, certificates of deposit, individual retirement accounts, home equity lines of credit, residential mortgage loans, home improvement loans, automobile loans, personal loans, and Internet and mobile banking services.
Finally, Teekay Tankers Ltd. (NYSE:TNK), gained 1.50%, to $6.75.
Teekay Tankers Ltd. (TNK) declared that its Board of Directors has declared a cash dividend of $0.03 per share for the quarter ended June 30, 2015. The cash dividend is payable on July 31, 2015 to all shareholders of record as at July 17, 2015.
Teekay Tankers Ltd. is engaged in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers worldwide. As of December 31, 2014, it owned 27 double-hulled conventional oil tankers, time-chartered in 8 Aframax tankers, and 4 long range 2 product tankers from third parties; and owned a 50% interest in 1 very large crude carrier. The company was founded in 2007 and is headquartered in Hamilton, Bermuda.
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