During Tuesday’s Current trade, Shares of Exterran Holdings, Inc. (NYSE:EXH), lost -0.25% to $23.73.
Exterran Holdings, Inc. (EXH) declared that, in preparation for the formerly declared separation of its international services and global fabrication businesses into a standalone, publicly traded company named Exterran Corporation (“SpinCo”), Exterran Energy Solutions, L.P., a wholly owned partner of Exterran Holdings (“EESLP”), and EES Finance Corp., a wholly owned partner of EESLP (“Finance Corp.” and, together with EESLP, the “Issuers”), intend to offer, subject to market conditions, $400 million aggregate principal amount of senior unsecured notes due 2022 (the “notes”). The Issuers will be auxiliaries of SpinCo after the completion of the separation.
The Issuers intend to transfer to Exterran Holdings the net proceeds from the sale of the notes, together with borrowings under EESLP’s new credit agreement (which has been executed and, subject to certain conditions, will become accessible upon the completion of the separation), to allow Exterran Holdings to repay certain of its existing indebtedness. The consummation of the notes offering will not be conditioned on Exterran Holdings’ completion of the separation; however, the Issuers will be required to redeem the notes if the separation does not occur within three months of the consummation of the notes offering.
Exterran Holdings, Inc., together with its auxiliaries, provides operations, maintenance, services, and equipment for the oil and natural gas production, processing, and transportation applications. The company’s North America Contract Operations segment provides natural gas compression services.
Shares of Realty Income Corp (NYSE:O), declined -0.15% to $47.15, during its current trading session.
Realty Income Corporation (O), The Monthly Dividend Company®, recently declared that its Board of Directors has declared the 541st successive common stock monthly dividend. The dividend amount of $0.19 per share, representing an annualized amount of $2.28 per share, is payable on August 17, 2015 to shareholders of record as of August 3, 2015.
The Board of Directors also declared dividends on the company’s Monthly Income Class F preferred stock. The monthly dividend amount of $0.138021 on the Class F preferred shares is payable on August 17, 2015 to shareholders of record as of August 1, 2015. The annualized dividend amount for the Class F preferred shares is $1.65625 per share.
Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California.
Orexigen Therapeutics, Inc. (NASDAQ:OREX), during its Tuesday’s current trading session gained 0.36% to $4.21.
Orexigen Therapeutics, Inc. (OREX) will declare corporate and financial results for the second quarter 2015 on Thursday, August 6 before the market opens. Following the declarement, Orexigen will provide a business update and talk about the financial results in a live webcast and conference call at 8:00 a.m. Eastern Time (5:00 a.m. Pacific Time).
Orexigen Therapeutics, Inc., a biopharmaceutical company, focuses on the development of pharmaceutical products in the United States. The company offers Contrave for the treatment of obesity. It has a partnershipagreement with Takeda Pharmaceutical Company Limited to develop and commercialize Contrave in Canada and Mexico. Orexigen Therapeutics, Inc. was founded in 2002 and is headquartered in La Jolla, California.
Finally, Sohu.com Inc (NASDAQ:SOHU), gained 0.80%, to $43.06.
Sohu.com Inc. (SOHU), China’s leading online media, search, gaming, community and mobile service group, stated unaudited financial results for the second quarter ended June 30, 2015.
Second Quarter Highlights
- Total revenues[1]were US$494 million, up 23% year-over-year and 8% quarter-over-quarter.
- Brand advertising revenues were US$151 million, up 13% year-over-year and quarter-over-quarter. Of this, revenues of Sohu Media Portal, or Sohu.com not taking into account Sohu Video, were US$52 million, up 4% year-over-year and 16% quarter-over-quarter. Revenues of Sohu Video were US$59 million, up 36% year-over-year and 17% quarter-over-quarter.
- Sogou[2]revenues were US$147 million, up 62% year-over-year and 27% quarter-over-quarter.
- Online game revenues[1]were US$172 million, up 12% year-over-year and down 7% quarter-over-quarter.
- GAAP net loss attributable to Sohu.com Inc. was US$28 million, or US$0.71 loss per fully-diluted share.
- Non-GAAP[3]net loss attributable to Sohu.com Inc. was US$14 million, or US$0.37 loss per fully-diluted share.
Sohu.com Inc. provides online media, search, and game services on personal computers (PCs), mobile devices, and tablets in the People’s Republic of China. It operates brand advertising business that offers advertisements on its Websites to companies to enhance brand awareness; sohu.com, which provides online content, counting news, entertainment, sports, automobile, business, and finance for various channels; m.sohu.com mobile portal and Sohu News APP, a mobile phone application; tv.sohu.com, which offers online video service; and Focus.cn that provides online real estate information.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
