On Monday, Shares of Yahoo! Inc. (NASDAQ:YHOO), lost -1.11% to $42.04.
Yahoo, leaders joined state and local elected officials to open the company’s new customer care and data center in Lockport, New York. Yahoo’s newest expansion to its Western New York facility provides additional capacity and world-class customer support for the company’s user and product experiences. The addition creates more than 100 jobs at the Lockport data center facility, which first opened in 2009, and is recognized industry-wide for its energy-efficient design.
Yahoo’s new data center utilizes the company’s Yahoo Compute Coop (YCC) architecture. The YCC is a world class, resource-efficient, green data center design that uses significantly less energy and water than conventional data centers. The unique shape of the building and the use of outside air-cooling eliminates the need for expensive and energy-intensive chillers to keep the servers cool.
Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops.
Shares of ONEOK Inc. (NYSE:OKE), declined -1.11% to $48.12, during its last trading session.
ONE Gas, Inc. (OGS) is a natural gas distribution company and the successor to the company founded in 1906 as Oklahoma Natural Gas Company, which became ONEOK, Inc. (OKE) in 1980. On January 31, 2014, ONE Gas officially separated from ONEOK into a stand-alone, 100 percent regulated, publicly traded natural gas utility.
ONE Gas, Inc. (OGS), declared financial results for its first quarter 2015, declared its quarterly dividend and reaffirmed its 2015 financial guidance.
Highlights comprise:
- First-quarter 2015 net income was $60.4 million, or $1.13 per diluted share, contrast with $59.1 million, or $1.13 per diluted share, in the first quarter 2014;
- Actual heating degree days across the company’s service areas were 5,528 in the first quarter 2015, 4 percent colder than normal and 8 percent warmer than the same period last year; and
- The board of directors declared a quarterly dividend of 30 cents per share, or $1.20 per share on an annualized basis, payable on June 1, 2015, to shareholders of record at the close of business on May 15, 2015.
ONEOK, Inc. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments.
At the end of Monday’s trade, Shares of Diamond Offshore Drilling, Inc. (NYSE:DO), dipped -1.11% to $33.10.
Diamond Offshore Drilling, stated a net loss of $256 million, or $1.86 per share, in the first quarter of 2015, contrast to net income of $146 million, or $1.05 per share, in the first quarter of 2014. Revenues in the first quarter of 2015 were $620 million, contrast to revenues of $709 million in the first quarter of 2014.
Results for the quarter comprised of a non-cash charge of $319 million after tax, or $2.33 per share, associated with the impairment of eight drilling units, three of which are to be stepped down and scrapped. The units to be stepped down are the mid-water semisubmersibles Ocean Saratoga, Ocean Worker and Ocean Yorktown, which are all cold stacked in the U.S. Gulf of Mexico. Other rigs comprised of in the impairment group are the mid-water semisubmersibles Ocean Ambassador, Ocean General, Ocean Lexington, Ocean Nomad and the drillship Ocean Clipper.
The Company also recognized a charge during the quarter of $4 million after tax, or $0.03 per share, related to restructuring and employee separation-related costs.
In addition, the Company declared that it has declared a regular quarterly dividend of $0.125 per share, payable on June 1, 2015 to shareholders of record as of May 15, 2015.
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company provides services in floater market, such as ultra-deepwater, deepwater, and mid-water; and non-floater or jack-up market.
Finally, Micron Technology, Inc. (NASDAQ:MU), ended its last trade with -1.10% loss, and closed at $28.67.
Micron Technology, declared the pricing of an offering of $550 million aggregate principal amount of its 5.250% senior notes due 2024 (the “2024 Notes”) and $450 million aggregate principal amount of its 5.625% senior notes due 2026 (the “2026 Notes,” and together with the 2024 Notes, the “Notes”). The Notes are being offered to qualified institutional buyers following Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons following Regulation S under the Securities Act. The sale of the Notes is predictable to close on April 30, 2015, subject to the satisfaction of customary closing conditions. Interest on the 2024 Notes will accrue at a rate of 5.250% per year and interest on the 2026 Notes will accrue at a rate of 5.625% per year. Interest on the Notes will be payable in cash semi-annually in arrears, starting on July 15, 2015.
The 2024 Notes will mature on January 15, 2024 and the 2026 Notes will mature on January 15, 2026, unless earlier repurchased or redeemed. Holders may require Micron to repurchase their Notes upon the occurrence of certain change of control events at a repurchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any.
Micron Technology, Inc., together with its auxiliaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems. It operates in four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit.
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