On Thursday, Following Stocks were among the “Top 100 Losers” of U.S. Stock Market: CONSOL Energy Inc. (NYSE:CNX), Cliffs Natural Resources Inc. (NYSE:CLF), Williams-Sonoma Inc. (NYSE:WSM), Ascent Solar Technologies, Inc. (NASDAQ:ASTI)
CONSOL Energy Inc. (NYSE:CNX), with shares declined -5.55%, closed at $27.41.
Cliffs Natural Resources Inc. (NYSE:CLF), with shares dropped -5.52%, settled at $4.79.
Williams-Sonoma Inc. (NYSE:WSM), with shares dipped -2.98%, and closed at $77.16.
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), plummeted -5.51%, and closed at $1.20.
Latest NEWS regarding these Stocks are depicted underneath:
CONSOL Energy Inc. (NYSE:CNX)
CONSOL Energy Inc. (CNX), declared the pricing of $500 million of its 8.000% senior notes due 2023 at a price to the public of 98.552% of their face value. The offering is predictable to close on March 30, 2015, subject to the satisfaction of customary closing conditions. The Notes will be guaranteed by substantially all of CONSOL’s wholly-owned domestic restricted auxiliaries.
CONSOL intends to use the net proceeds of the sale of the Notes, together with borrowings under its revolving credit facility to the extent necessary, to purchase all of the about $1.02 billion in its outstanding 8.25% senior notes due 2020 and the $250 million in its outstanding 6.375% senior notes due 2021 following the tender offers and consent solicitations that commenced on March 9, 2015.
CONSOL Energy Inc., together with its auxiliaries, operates as an integrated energy corporation in the United States and internationally. The corporation operates through two divisions, Exploration and Production (E&P), and Coal. The E&P division produces pipeline quality natural gas primarily to gas wholesalers.
Cliffs Natural Resources Inc. (NYSE:CLF)
Cliffs Natural Resources Inc. (CLF), declared that it has extended its formerly confirmed private offers to exchange its newly issued 7.75% Senior Secured Notes due 2020 for certain outstanding senior unsecured notes of Cliffs, upon the terms and subject to the conditions set forth in the Corporation’s offering memorandum dated February 26, 2015 (as amended and supplemented on March 5, 2015), in order to coincide with the closing of its new asset-based credit facility and its issuance of first lien notes. Accordingly, the Exchange Offers will expire at 9:00 a.m., New York City time, on March 30, 2015. All other applicable terms and conditions of the Exchange Offers remain unchanged. As of March 25, 2015, a total of about $674 million aggregate principal amount of Existing Notes had been tendered in the Exchange Offers. The Corporation anticipates the settlement of the Exchange Offers to occur on March 30, 2015.
Lourenco Goncalves, Cliffs’ Chairman, President and Chief Executive Officer, stated, “We are happy with the results of the Exchange Offers to date, which have allowed us to further reduce our net debt by about $129 million and counting. Based on these results, Cliffs already considers this transaction a success.”
Cliffs Natural Resources Inc. is a leading mining and natural resources corporation in the United States. The Corporation is a major supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. Cliffs also operates an iron ore mining complex in Western Australia.
Williams-Sonoma Inc. (NYSE:WSM)
Formerly on March 19, Williams-Sonoma Inc. (WSM), in a partnership with Weldon Owen Publishing, a division of Bonnier Corporation, and Culinate, Inc., declared the release of the mobile-optimized version of the Williams-Sonoma Recipe of the Day app on Apple’s App Store. The innovative app delivers a seasonally appropriate recipe every day of the year, from a selection of Williams-Sonoma’s starters, salads, sides, soups, main dishes, and desserts. The app’s built-in search tools allow users to filter recipes based on course, season, technique, ingredient, or dietary preference (vegetarian, vegan and gluten-free). A recently released iPad version of the application has been consistently featured by Apple as a “Best New App” and it has remained in the top ten of most popular applications in the Food & Drink category.
The William-Sonoma Recipe of the Day app’s highlights comprise:
- Recipe inspiration for every day of the year.
- An easy-to-use search function allowing users to narrow searches by key ingredient, type of dish, cooking technique, and more.
- Simple-to-use, smart shopping lists.
- Color photographs.
- Custom timers.
- A favorites feature that keeps track of your favorite recipes.
- All-inclusive functionality; no internet connection required (except for occasional subscription content updates).
Williams-Sonoma Inc. operates as a multi-channel specialty retailer of home products. The corporation operates in two segments, Direct-to-Customer and Retail. It offers cooking, dining, and entertaining products, counting cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks essentials under the Williams-Sonoma brand; furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand; and products designed for creating magical spaces where children can play, laugh, learn, and grow under the Pottery Barn Kids brand.
Ascent Solar Technologies, Inc. (NASDAQ:ASTI)
Formerly on March 18, Ascent Solar Technologies, Inc. (ASTI), stated results for the fourth quarter and year ended December 31, 2014.
Q4 2014 Highlights:
Ascent Solar accomplished $35M preferred stock and convertible debt financing with an institutional investor. Funding of first $4.5M tranche accomplished in November 2014, second $2.5M tranche delivered in December 2014.
Ascent Solar officially granted Business License and Certificate of Approval for Establishment of Enterprises with Foreign Investment in the People’s Republic of China in September 2014, a key milestone in the activation of the corporation’s China Joint Venture. Initial funding of about $1.3M ($1M from the Suqian Economic Development Co., Ltd) was injected into the Suqian JV in December 2014.
EnerPlex products launched in 300 Premium Verizon Wireless stores in December 2014 via the corporation’s retail partner The Cellular Connection (TCC).
EnerPlex products launched in 25 Micro Center’s nationwide retail stores in November 2014.
Ascent Solar’s EnerPlex brand launched on BestBuy.com in December 2014.
Distribution contract signed with national distributor Navarre, a division of WYNIT Distribution, in November 2014.
Ascent’s largest shareholder, TFG Radiant Investment Group accomplished second tranche of ordinary stock at $2.80 per share, bringing total investments from both Tranche 1 and 2 to $6M.
United Kingdom based Peak Development signed as a distributor of EnerPlex products.
Ascent’s EnerPlex brand declared Hitfar Concepts as the Corporation’s preferred distributor in Canada.
Mexico based TodoSolar signed as new distributor of EnerPlex products.
Ascent Solar’s flexible PV modules selected by Vanguard Space Technologies to develop solar arrays for space and UAV missions.
Ascent Solar Technologies, Inc., a development stage corporation, designs and manufactures photovoltaic integrated consumer electronics; and portable power applications for commercial and military users.
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.
