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Saturday 16 May 2015
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Four Momentum Stocks in Focus: Goldcorp, (GG), Two Harbors Investment, (TWO), Ventas, (VTR), CNO Financial Group, (CNO)

On Thursday, in the course of current trade, Shares of Goldcorp Inc. (NYSE:GG), gained 1.13%, and is now trading at $19.65.

Goldcorp, declared its fifth monthly dividend payment for 2015 of $0.05 per share. Shareholders of record at the close of business on Thursday, May 14, 2015 will be entitled to receive payment of this dividend on Friday, May 22, 2015.

Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an improved gross-up and dividend tax credit on such dividends.

Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. The company primarily explores for gold, silver, copper, lead, and zinc deposits.

During an Afternoon trade, Shares of Two Harbors Investment Corp. (NYSE:TWO), gained 1.15%, and is now trading at $10.54.

Two Harbors Investment, declared its financial results for the quarter ended March 31, 2015.

Highlights

  • Book value was $11.08 per common share, representing a 2.2% total return on book value, after accounting for a dividend of $0.26 per share.
  • Delivered Comprehensive Income of $88.9 million, a return on average equity of 8.7%, or $0.24 per weighted average common share.
  • Stated Core Earnings of $94.1 million, or $0.26 per weighted average common share.(2)
  • Generated an aggregate portfolio yield of 4.40% and a net interest margin of 3.07% for the quarter ended March 31, 2015.
  • Accomplished two securitizations, issuing securities backed by about $573.9 million unpaid principal balance (UPB) of prime jumbo residential mortgage loans.
  • Closed first commercial real estate loan of about $45.6 million.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights, commercial real estate debt and related assets, and other financial assets.

Shares of Ventas, Inc. (NYSE:VTR), during its Thursday’s current trading session gained 0.89%, and is now trading at $67.69.

Ventas, declared its Ventas Charitable Foundation contributed $100,000 to the Alzheimer’s Association, at its National Capital Area Chapter’s Brain Ball fundraiser. This support represents Ventas’s commitment to assist find a cure for Alzheimer’s disease, which affects many individuals who receive care and live in the Company’s properties.

The 2015 Brain Ball honored Ventas Chairman and CEO, Debra A. Cafaro, who accepted the honor on behalf of her late mother, Dee Francis Cafaro, who died from Alzheimer’s nearly one year ago.

Contributors to the Brain Ball also comprised of some of Ventas’s valued business partners — many of the nation’s most esteemed care providers — counting Atria Senior Living, Kindred Healthcare, Sunrise Senior Living and Brookdale Senior Living. Ms. Cafaro saluted them for their mission to provide residents with a safe, secure environment and excellent care.

The second annual Brain Ball, held on May 8, 2015, attracted more than 600 people to the event, which was held at the Andrew W. Mellon Auditorium in Washington, D. C.

Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, administration, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada.

Finally, CNO Financial Group, Inc. (NYSE:CNO), lost -0.33% Thursday.

CNO Financial Group, declared the commencement of its registered public offering, subject to market and other conditions, of $800 million of senior unsecured notes, comprising of tranches maturing in 2020 and 2025.

CNO intends to use the net proceeds of the offering of the Notes, together with borrowings of $100 million under an predictable $150 million four-year senior unsecured revolving credit facility (the “new revolving credit facility”), to (i) repay all amounts outstanding under its existing senior secured credit facility, (ii) redeem and satisfy and discharge all of its outstanding 6.375% Senior Secured Notes due 2020 and (iii) pay fees and expenses related to the foregoing. Any remaining amounts will be used for general corporate purposes, counting share repurchases.

Goldman, Sachs and Co. and RBC Capital Markets, LLC are acting as joint book-running managers for the offering of the Notes.

CNO Financial Group, Inc., through its auxiliaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States.

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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.




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