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Tuesday 26 May 2015
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Friday’s Losers in Queue - Windstream Holdings, (NASDAQ:WIN), CBOE Holdings, (NASDAQ:CBOE), Encana Corporation, (NYSE:ECA), Associated Banc-Corp, (NYSE:ASB)

On Friday, Shares of Windstream Holdings, Inc. (NASDAQ:WIN), dropped -1.37% to $11.52.

Windstream Holdings, declared that it has achieved the Advanced Data Center Architecture Specialization from Cisco. This specialization recognizes Windstream as having fulfilled the training requirements and program prerequisites to sell, design and deploy comprehensive Cisco(R) Data Center solutions.

The specialization provides role-based training in three essential areas: Unified Fabric for optimizing data and storage needs; Unified Computing for streamlining data center resources and uniting network, computational, storage and virtualization platforms; and Unified Network Services for advancing the way application delivery and security services are offered in the data center network or computing environment.

Windstream Holdings, Inc. provides communications and technology solutions in the United States. It offers managed services and cloud computing services to businesses, in addition to broadband, voice, and video services to consumers primarily in rural markets.

Shares of CBOE Holdings, Inc. (NASDAQ:CBOE), declined -1.35% to $55.51, during its last trading session.

CBOE Holdings, stated that April 2015 monthly average daily volume (ADV) and monthly total volume, both exchange-wide at CFE and for futures on the CBOE Volatility Index® (VIX® Index), declined from last month and from year-ago levels.

VIX Futures

April average daily volume in VIX futures was 161,157 contracts, a decrease of 4 percent from March 2015 and decline of 10 percent from April 2014. Total volume in VIX futures for April was 3.4 million contracts, down 8 percent from the previous month and down 10 percent from a year ago.

Total CFE

April exchange-wide ADV at CFE was 161,235 contracts, a 4-percent decrease from March 2015 and a 10-percent decrease from April 2014. Exchange-wide total volume during the month was 3.4 million contracts, an 8-percent decrease from the previous month and a 10-percent decrease from a year ago.

CBOE Holdings, Inc., through its auxiliaries, operates as an options exchange and creator of listed options in the United States. The company provides marketplaces for trading options on various market indexes; futures on the VIX Index and other products.

At the end of Friday’s trade, Shares of Encana Corporation (NYSE:ECA), dwindled -1.34% to $14.02.

Aethon Energy Administration LLC, a Dallas-based private investment firm focused on onshore oil & gas, together with its partner, RedBird Capital Partners, LLC (“RedBird”), recently declared the acquisition of the Moneta Divide assets from Encana Oil & Gas (USA) Inc., a wholly-owned partner of Encana Corporation. Terms of the negotiated transaction were not revealed.

The Moneta Divide assets comprise about 188,000 net acres in Wyoming in the Wind River Basin. The asset is a low-risk resource with a long reserve life and low cost drilling opportunities.

Aethon was founded in 1990 by Albert Huddleston to acquire and develop oil & gas assets in North America. The Firm is led by a team of veteran oil & gas professionals with noteworthy operational experience across North America. With the acquisition of the Moneta Divide assets, Aethon will continue its long track record of best-in-class operations in an environmentally responsible manner.

Encana Corporation, together with its auxiliaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States.

Finally, Associated Banc-Corp (NYSE:ASB), ended its last trade with -1.33% loss, and closed at $18.56.

Associated Banc-Corp, declared the results of the actions taken at its 2015 Annual Meeting of Shareholders.

The following directors were re-elected:

  • William R. Hutchinson, chairman, Associated Banc-Corp, and president, W.R. Hutchinson & Associates, Inc.
  • Philip B. Flynn, president and chief executive officer, Associated Banc-Corp
  • John F. Bergstrom, chairman and chief executive officer, Bergstrom Corp.
  • Ruth M. Crowley, executive vice president, Summit Resources International
  • Jay Gerken, director of 18 mutual funds associated with Sanford C. Bernstein Fund, Inc.
  • Robert A. Jeffe, managing partner and founder, Source Rock Energy Partners
  • Eileen A. Kamerick, chief financial officer, ConnectWise.com, Inc.
  • Richard T. Lommen, chairman, Courtesy Corp.
  • Cory L. Nettles, founder and managing director, Generation Growth Capital, Inc.
  • Douglas Quick, chairman, Lakeside Foods, Inc.
  • Karen T. van Lith, business consultant
  • John (Jay) B. Williams, chairman, Milwaukee Public Museum.

Shareholders also approved named executive officer compensation, and ratified the selection of KPMG LLP as Associated’s independent accounting firm for 2015.

The Associated Board of Directors declared a regular quarterly cash dividend of $0.10 per common share, payable on June 15, 2015, to shareholders of record at the close of business on June 1, 2015.

The Board of Directors also declared a regular quarterly cash dividend of $0.50 per depositary share on Associated’s 8.00% Series B Perpetual Preferred Stock to shareholders of record at the close of business on June 1, 2015, with the dividend payable date of June 15, 2014.

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, and Minnesota.

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